Construction Sealants Market 2024 Key Information by Top Key Sika, 3M, Momentive, KCC Corporation and Bostik

The proliferation of increasing infrastructure and urban development activities across the globe have had a remarkable impact on construction sealants market, given the robust demand for joint sealants including window sealant, waterproofing, bathroom sealant, fireproofing, and roof sealant. As of now, the construction industry has been considerably shaping the economic growth of most of the countries, owing to heavy investments in the development of corporate offices, commercial & residential buildings, skyscrapers, and river-spanning bridges. In addition, for maintaining and preserving older monuments and buildings, governments of various countries have started investing in restoration and renovation activities which would have a significant influence on construction sealants industry. The escalating deployment of high-quality sealing agents makes it possible to maintain flexibility, reliability, and waterproofing characteristics of old constructions.

Construction Sealants Market is set to cross USD 6.5 billion at end of 2024; according to a new research report.

Market Study Report adds a new Construction Sealants Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a Steady CAGR to 2024.

Growth in residential renovation and remodeling projects along with huge investments in this sector mainly in China & India should contribute towards construction sealants market. Shifting trends towards smart energy saving modern construction projects along with rise in durable and minimal maintenance demand should favor product growth.

U.S. construction sealants demand from flooring & joining applications may surpass USD 250 million during forecasted timeframe. Growing demand from construction repair, alteration and restoration projects along with adoption of green building concept owing to mandatory environmental policies should drive regional product demand.

Rise in consumer inclination towards green building owing to growing environmental concerns should positively influence product demand. These products offer minimal VOC content, less toxicity reduced cost by controlling energy consumption which reduces adverse effects on environment. Increasing R&D spending to formulate biomass based sealants using soy from renewable technology is likely to act as another driving factor towards industry growth.

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India construction sealants market should witness strong gains at above 6%. Growth in construction spending due to finance availability & low labor & material costs is likely to positively impact regional product demand. Rising incidences of poor construction quality and deteriorating building structure may act as another contributing factor towards regional product demand.
Strict environmental norms by EPA and EU Commission related to emission & toxicity from sealants may challenge industry profitability. Fluctuating raw material prices owing to crude oil prices and usage in packaging, automotive and electronic industries may hamper industry growth thereby affecting construction sealants market price trend.

Acrylic construction sealants market should register strong gains up to 3.5%. It is widely used for windows, ceramic tiles, kitchen, bathrooms doors and wall filling owing to excellent adhesion, low cost and compatibility.

Global construction sealant market share is fairly consolidated and competitive. Some industry participants operating in this market are Sika, 3M, Momentive, KCC Corporation and Bostik.

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Table of Content:

Chapter 1. Methodology and Scope
1.1. Research methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Secondary
1.2.2. Primary
Chapter 2. Executive Summary
2.1. Construction sealants market 360 degree synopsis, 2017 -2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. Construction Sealants Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Profit margin by position
3.3.3. Distribution channel analysis
3.4. Regulatory landscape
3.4.1. U.S.
3.4.2. Europe
3.5. Technology Landscape
3.6. Raw Material Analysis
3.6.1. Silicone
3.6.2. Polyurethane
3.7. Pricing analysis
3.7.1. Price analysis by product by region
3.7.1.1. North America

Outer Scope of this Report: As per Statista, expenditure spending on construction activities across the globe will possibly cross the mark of USD 14 trillion by the end of 2025, driven by the increasing involvement of regional governments in infrastructural development for enhancing the country’s economic growth. Across the Middle East belt, most of countries have currently been working toward implementing highly lucrative infrastructural development projects to contribute toward the region’s thriving tourism sector, thereby increasing the demand for construction sealants on a large scale across the terrain. The globally increasing population, growing urbanization and robust industrialization trends in tandem with the presence of a highly supportive regulatory scenario are also some of the pivotal driving forces behind the expansion of the overall construction sealants market.

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