The global demand for Waterproof Adhesives & Sealants Market is presumed to reach the market size of nearly USD 36.62 MN by 2028 from USD 22.8 MN in 2021 with a CAGR of 7% under the study period 2022 - 2028.Regarding volume, the market was calculated XX Kilo Tons in 2021 and forecast to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Waterproof Adhesive and sealants are the permanent glue used to repair indoors and outdoors electric connections to stop leaking during wet days. Their surpassing adhesion properties have substantial applications in industrial, commercial, and residential sectors, and the cost-effectiveness makes their market grow swiftly.
Market Dynamics
The developing population and urbanization are increasing the private development units in developing countries like India, China, Vietnam, Brazil, Mexico, and Indonesia. These countries require long-lasting houses, which results in driving the interest for waterproof adhesive and sealants. The sealants and cement are used in developing businesses such as floor covering, tiling, backdrops, and outdoor protection frameworks. These are also used to hold blind divider boards and protection glass units. Hence, enhanced interest in adhesive and sealants from the development business is a primary market driver. The extending industrialization and urbanization have increased the demand for advanced infrastructure. Additionally, the rapidly increasing population has stretched the construction sector, resulting in a rising floor adhesive market during the forecast period. The waterproof adhesives and sealants market face challenge due to stringent and changing regulatory policies. Therefore, the manufacturers need to comply with local, state, national, and international VOC standards and require substantial investment to revamp the operations. These factors are the potential barriers to market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of waterproof adhesives & sealants. The growth and trends of waterproof adhesives & sealants industry provide a holistic approach to this study.
Market Segmentation
This section of the waterproof adhesives & sealants market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Chemistry
- Silicones
- Polyurethanes
- Acrylics
- Epoxy
- Polysulfide
- Others
By End-Use Industry
- Building & Construction
- Transportation
- Electrical & Electronics
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Waterproof Adhesives & Sealants market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Waterproof Adhesives & Sealants Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the waterproof adhesives & sealants market include 3M (US), Henkel AG (Germany), Avery Dennison Corporation (US), H.B. Fuller (US), Dow (US), Huntsman Corporation (US), Sika AG (Switzerland), MAPEI Spa (Italy), RPM International (US), and Bostik SA (France). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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