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Construction Sealants Market worth $7.23 billion by 2030, growing at a CAGR of 5.00% - Exclusive Report by 360iResearch
Construction Sealants Market | 360iResearch
The Global Construction Sealants Market to grow from USD 4.89 billion in 2022 to USD 7.23 billion by 2030, at a CAGR of 5.00%.
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Construction sealants are designed to fill gaps, joints, and openings in various building structures. These substances provide a barrier against external elements such as air, water, dust, and noise while maintaining the structural integrity of buildings. Rapid urbanization across the globe and demand for high-quality residential buildings with improved energy efficiency and reduced maintenance costs are expanding the use of effective sealing materials. Government regulations on environmental sustainability have prompted manufacturers to develop bio-based construction sealants that comply with relevant standards. However, fluctuating raw material prices may adversely impact the use of construction sealants across infrastructure projects globally. Moreover, integrating nano-materials into traditional formulations can enhance mechanical properties such as strength or flexibility of construction sealants and expand their use across the building & construction sector worldwide.
The construction sealants market is evolving in the Americas owing to the well-established infrastructure sector, innovative techniques, and an increasing focus on green buildings, driving demand for bio-based and energy-efficient products. The European Union is witnessing increased adoption of sustainable construction practices that comply with regulations, including the Energy Performance of Buildings Directive (EPBD) and REACH regulations, contributing to the growing demand for advanced construction sealants in Europe's commercial and residential sectors. In the Middle East & Africa region, rapid urbanization coupled with large-scale infrastructure projects presents opportunities for growth within the construction sealants market. The increasing focus on sustainability within public and private sectors drives demand for energy-efficient products meeting stringent regional standards. The Asia-Pacific region represents a crucial growth for construction sealants due to its rapidly expanding economies and ongoing large-scale infrastructure projects, leading to an increased demand for construction sealants in residential and commercial applications. In addition, advances in manufacturing processes and sealant formulations to improve their performance are anticipated to propel the growth of the construction sealants market across the end-use sectors across the globe.
Market Segmentation & Coverage:
This research report categorizes the Construction Sealants Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Resin Type, market is studied across Acrylic, Butyl, Polysulfide, Polyurethane, and Silicone. The Acrylic commanded largest market share of 30.99% in 2022, followed by Polyurethane.
Based on Solubility, market is studied across Solvent-based and Water-based. The Solvent-based commanded largest market share of 82.70% in 2022, followed by Water-based.
Based on Technology, market is studied across One-Component Sealants and Two-Component Sealants. The Two-Component Sealants commanded largest market share of 67.23% in 2022, followed by One-Component Sealants.
Based on Application, market is studied across Facade, Flooring & Joining, Glazing, and Sanitary & Kitchen. The Glazing commanded largest market share of 30.32% in 2022, followed by Sanitary & Kitchen.
Based on End-use Industry, market is studied across Commercial, Industrial, Infrastructural, and Residential. The Commercial commanded largest market share of 41.31% in 2022, followed by Residential.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 36.29% in 2022, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Construction Sealants Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Construction Sealants Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Construction Sealants Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Arkema S.A., Asian Paints Ltd., Avery Dennison Corporation, BASF SE, Bayer Vitrotec GmbH, Carlisle Companies Inc., Compagnie de Saint-Gobain S.A., deVan Sealants, Inc., DuPont de Nemours, Inc., Eastman Chemical Company, Evonik Industries AG, Exxon Mobil Corporation, Fosroc, Inc. by JMH Group, General Electric Company, Gorilla Glue, Inc., H.B. Fuller Company, Henkel AG and Co. KgaA, Hilti Corporation, Hodgson Sealants Ltd, Holcim Group, Huntsman Corporation, Innovative Chemical Products Group, LLC, KCC Corporation, Mapei SPA, Novagard Solutions, Inc., PCI Augsburg GmbH, Pecora Corporation, Pidilite Industries Limited, PPG Industries, Inc., RPM International Inc., Selena Group, Sika AG, Solvay S.A., Soudal Holding N.V., Sunstar Group, The Dow Chemical Company, W. R. Meadows, Inc., and Wacker Chemie AG.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Construction Sealants Market, by Resin Type
7. Construction Sealants Market, by Solubility
8. Construction Sealants Market, by Technology
9. Construction Sealants Market, by Application
10. Construction Sealants Market, by End-use Industry
11. Americas Construction Sealants Market
12. Asia-Pacific Construction Sealants Market
13. Europe, Middle East & Africa Construction Sealants Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Construction Sealants Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Construction Sealants Market?
3. What is the competitive strategic window for opportunities in the Construction Sealants Market?
4. What are the technology trends and regulatory frameworks in the Construction Sealants Market?
5. What is the market share of the leading vendors in the Construction Sealants Market?
6. What modes and strategic moves are considered suitable for entering the Construction Sealants Market?
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360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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