Building Envelope Adhesives & Sealants Market worth $5.9 billion by 2026 | Key players Sika AG, Henkel AG, Arkema S.A., Mapei S.p.A., The 3M Company

According to recent market research "Building Envelope Adhesives & Sealants Market by Technology, Adhesive Resin (PU, Acrylic, Rubber), Adhesive Application (Roofing, Walls), Sealant Resin (Silicone, PU), Sealant Application (Facade Panel Fixing, Roofing), & Region - Global Forecast to 2026", size will grow to USD 5.9 Billion by 2026 from USD 4.8 Billion in 2021, at a CAGR of 4.3% during the 2021-2026 period. The driving factor for the building envelope adhesives & sealants market is the development of green buildings due to volatile and high energy prices, concerns regarding environmental impact, and health and comfort of occupants.

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Increasing adherence to the stringent energy and quality regulations has given rise to innovative, more energy efficient, and adaptable façade cladding materials and systems. With the emergence of new façade technologies, new materials, and different building appearances, the market for façade fabrication is growing in size. These include UHPC (Ultra High Performing Concrete), High Pressure Laminates (HPL), Corten Steel, Carbon Fiber, ETFE Membranes, and Solid Surfaces. This is expected to boost the demand for building envelope adhesives & sealants in the façade panel fixing segment.

The stringent regulations by the USEPA (the United States Environmental Protection Association), Europe’s Registration, Evaluation, Authorisation and Restrictions of Chemicals (REACH), Leadership in Energy and Environmental Design (LEED), and other regional regulatory authorities have compelled adhesive & sealant manufacturers to make eco-friendly products with no- or low-VOC levels. The adhesives market is witnessing a shift from solvent-based technology to water-based and solvent-less technologies in North America and Europe to minimize VOC emissions. The growing need for adhesives with low VOC content and eco-friendliness of these two technologies have fueled their demand in the global market.

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The building envelope adhesives & sealants market is projected to grow from USD 4.8 Billion in 2021 to USD 5.9 Billion by 2026, at a CAGR of 4.3% between 2021 and 2026. The driving factor for the building envelope adhesives & sealants market is the increased demand for construction adhesives & sealants in residential housing and infrastructure sectors.

The major companies in this market are Sika AG (Switzerland), Henkel AG (Germany), Arkema S.A. (France), Mapei S.p.A. (Italy), The 3M Company (US), ICP Group (US), H.B. Fuller Company (US), The Dow Chemical Company (US), tremco illbruck GmbH (Germany), and Soudal Group (Belgium). The wide product portfolio enables them to serve most of the regions worldwide. These players primarily focus on strategies like merger & acquisition, and new product launch through their strong financial capabilities and well-established brand equity.

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Sika is a major specialty chemical player in the construction and automotive industries. Bonding, sealing, damping, strengthening, and shielding systems and products are designed and manufactured by the company. The company has subsidiaries in 100 countries around the world and manufactures in over 300 factories. It has a strong customer base and has business operations in Europe, North America, APAC, South America, Africa, and the Middle East. In March 2020, Sika acquired Adeplast SA to strengthen its position in the local construction chemicals market and expand its manufacturing capacity in Romania.

Henkel operates globally with a well-balanced and diversified portfolio. It manufactures and distributes homecare, laundry, cosmetics, and adhesive products, globally. The company operates through four main business segments, namely, adhesive technologies, laundry & home care, beauty care, and corporate. Adhesives & sealants are produced under the adhesive technologies segment. Henkel offers a multitude of applications to cater to the needs of different target groups: consumers, craftsmen, and industrial businesses. Henkel Adhesive Technologies is the global leader in the adhesives, sealants, and functional coatings worldwide. The complete solution is organized into five technology cluster brands—LOCTITE, BONDERITE, TECHNOMELT, TEROSON, and AQUENCE. Henkel has operations in Europe, the Middle East & Africa, North America, Latin America, and APAC. It operates 138 production sites in 58 countries, globally. In April 2018, the company launched Loctite branded construction adhesive, LOCTITE PL premium max, which is ideal for any interior or exterior project, where long-term strength and durability are a must. Its applications include stairs, railings, framing, flooring, landscaping, decks, and tub surrounds.

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