08-Jun-2022 | Facts and Factors
According to Facts and Factors, the global construction sealants market was valued at USD 8,235.10 million in 2021 and is predicted to increase at a CAGR of 5.40% to USD 11,280.48 million by 2028. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.
Construction sealants are used in a variety of applications, including glazing, flooring, and joining, as well as in sanitary and culinary areas. These applications are growing, which has propelled the building sealants market's expansion. The construction sealants market is being pushed by the rising use of sealants in newer applications in the construction industry, such as ductwork, anchoring, and structural glazing. Window framing, sanitary & kitchen, expansion joints, floor systems, walls, and panels all employ construction sealants. They can withstand tension and prevent fracture in the face of changing atmospheric conditions.
Browse the full “Construction Sealants Market By Resin Type (Silicone, Polyurethane, Polysulfide, Plastisol, Emulsion, Butyl-based, Others), By Application (Glazing, Flooring & Joining, Sanitary & Kitchen, Others), By End-Use Industry (Residential, Industrial, Commercial), By Technology (Water-Based, Solvent-Based, Reactive, Others), By Function (Bonding, Protection, Insulation, Soundproofing, Cable Management), and By Region - Global Industry Insights, Growth, Size, Share, Comparative Analysis, Trends and Forecast 2022 – 2028" report at https://www.fnfresearch.com/construction-sealants-market
Population expansion, urbanization, and rising income are all driving up the demand for permanent, non-slum housing in developing countries. The significant increase in residential housing in these nations is driving the construction sealants industry. As a result of a growing tendency in many applications to utilize environmentally friendly or green goods, demand for green sealants or those with low VOCs is increasing. The sector has seen substantial growth prospects as it transitions to a more sustainable product offering. Green and more sustainable sealant solutions have a strong growth potential due to an increasing trend in the construction market to employ ecologically friendly or green structures.
Silicone construction sealants are predicted to lead the building sealants market throughout the forecast period, based on resin type. Silicone sealants are commonly utilized in the construction of windows, baths, and kitchens. The growing use of silicone sealants in expansion joints for joining dissimilar materials is driving their market. These sealants provide weather protection for high-rise buildings as well as flexibility for airport runways and highways because they remain pliable and do not crack in hot weather and become brittle and crack in cold weather.
The glazing section is predicted to increase at the fastest rate over the forecast period, depending on the application. The glazing construction sealants market is the fastest-growing in the globe, thanks to continuous investments in infrastructure development, expanding urbanization, and rising living standards in emerging countries. The building sealants market in the glazing application is driven by the developing housing sector, ongoing urbanization, rising income levels, and favorable government regulations.
The Asia-Pacific region dominates the construction sealants market, owing to growing infrastructure and residential construction activities in developing countries such as China and India. Furthermore, improving economic conditions will boost demand for construction sealants in the region. Due to rising demand for infrastructure development and bio-based sealants, foreign investments due to cheap labor and raw material availability, government initiatives to improve manufacturing, and increasing rate of construction of end-use industries such as steel manufacturing plants, helicopter manufacturing plants, and oil processing plants, among others.
Report Scope
Report Attribute |
Details |
Market Size in 2021 |
USD 8,235.10 Million |
Projected Market Size in 2028 |
USD 11,280.48 Million |
CAGR Growth Rate |
5.40% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
3M (U.S.), Bostik (France), Sika (Switzerland), H.B. Fuller (U.S.), Henkel (Germany), BASF (Germany), Dow (U.S.), Wacker (Germany), General Electric (U.S.), MAPEI (Italy), Asian Paints (India), ITW (U.S.), Soudal (Belgium), Konishi (Japan), DAP Products (U.S.), Pidilite (India), KCC (Korea), Yokohama Rubber (Japan), Franklin (U.S.), Selena (Poland), Kömmerling (Germany), PCI (Germany), Hodgson Sealants (U.K.), Pecora (U.S.), Euclid (U.S.) , and Others |
Key Segment |
By Resin Type, Application, End-Use Industry, Technology, Function, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the major companies operating in the global construction sealant market are Dow (U.S.), Wacker (Germany), General Electric (U.S.), MAPEI (Italy), Asian Paints (India), ITW (U.S.), Soudal (Belgium), Konishi (Japan), DAP Products (U.S.), Pidilite (India), and others
The global Construction Sealant market is segmented as follows:
By Resin Type
- Silicone
- One-Component
- Two-Component
- Polyurethane
- One-Component
- Two-Component
- Polysulfide
- One-Component
- Two-Component
- Plastisol
- Emulsion
- Butyl-based
- Others (acrylic, epoxy, bitumen-based, and other hybrid sealants)
By Application
- Glazing
- Flooring & Joining
- Sanitary & Kitchen
- Others
By End-Use Industry
- Residential
- Industrial
- Commercial
By Technology
- Water-Based
- Solvent-Based
- Reactive
- Others
By Function
- Bonding
- Protection
- Insulation
- Soundproofing
- Cable Management
By Region
- North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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