As per this study, the Global Building And Construction Sealants Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%. By volume, the market was estimated XX KT in 2019 and is expected to reach XX KT by 2026 with a CAGR of XX%.
Building and construction sealants are the mechanical sealants used to block the passage of fluids through openings, surface or the joints in materials. These sealants are not adhesives but possess adhesives properties, also known as adhesive sealants. They are used for the purpose of blocking heat, sound and dust transmissions in the buildings. Different types of sealants include silicone, polyurethane, plastisol, emulsion, and others. They find application across flooring, packaging, construction, automotive and others.
The booming construction industry coupled with rising recovery of infrastructure through construction sealants is propelling the global buildings and construction sealants market growth. Additionally, increasing adoption of these sealants owing to high strength bonding characteristics over mechanical fasteners is further stimulating the market growth. However, the volatile price of raw material is assumed to hinder the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of building and construction sealants.
The broad building and construction sealants market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Structural Glazing
- Flooring & Joining
- Sanitary & Kitchen
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for building and construction sealants in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Building And Construction Sealants Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the building and construction sealants market includes 3M, Adshead Ratcliffe & Co Ltd., Bostik, deVan Sealants, Inc., Dow Corning Corporation, H.B. Fuller, Hodgson Sealants, KCC CORPORTAION, Kommerling UK Sealants & Adhesives, McCoy Soudal, Novagard Solutions, Shin-Etsu Chemical Co., Ltd., Sika AG, THE YOKOHAMA RUBBER CO., LTD., Wacker Chemie AG, and others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.