Global Waterproof Adhesives And Sealants Market to Reach $40.23 Billion by 2029, Growing at 9% CAGR

What industry-specific factors are fueling the growth of the waterproof adhesives and sealants market?
The growth in the building and construction sector is poised to accelerate the expansion of the waterproof adhesives and sealants market. The sector includes the production and exchange of buildings, maintenance of infrastructures, structural repairs, and refurbishments, among others. Waterproof adhesives and sealants deliver a range of use cases within the building and construction sector, such as avoiding the passage of fluids and other liquids through surfaces and mechanical junctions, weatherproofing construction materials, and more. For example, the office of national statistics, a UK-based agency, reported in November 2023 that the value of new construction work in Great Britain in 2022 grew by 15.8%, hitting a record high of £132,989 million ($173,604) from 2021. This was facilitated by growth in both private and public sectors. New construction orders in 2022 also saw an increase of 11.4%, amassing to £80,837 million ($105,525 million) from 2021, with significant inputs from the private infrastructure and commercial sectors. In Quarter 3 of 2022 (July to Sept), there was a 5.9% increase in the number of registered construction firms compared with 2021, and the workforce experienced a 3.3% growth, totalling 1.4 million employees in 2022 compared with 2021. The Output Price Index for construction work demonstrated strong growth, rising by 8.8% by December 2022. Consequently, the development in the building and construction sector is propelling the growth of the waterproof adhesives and sealants market.

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What Is the projected market size and growth rate for the waterproof adhesives and sealants market?
Recent times have witnessed robust growth in the market size of waterproof adhesives and sealants. It is forecasted to increase from $26.82 billion in 2024 to $28.93 billion in 2025, showing a compound annual growth rate (CAGR) of 7.9%. The historic progression of this market can be associated with factors such as changing weather patterns, usage in the healthcare sector, sustainability trends, incorporation into electronics and electrical applications, and adoption in the automotive industry.

The market size for waterproof adhesives and sealants is predicted to witness robust growth in the forthcoming years. It's projected to expand to $40.23 billion by 2029, with a compound annual growth rate (CAGR) of 8.6%. The anticipated growth in the forecast period can be linked to demand for customization and versatility, impact of climate change, developments in the field of nanotechnology, preference for premium-performance materials, and application in consumer goods. Key trends in the forecast period encompass eco-friendly products, inventive solutions, technological progress, and strategic partnerships.

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What new trends are reshaping the waterproof adhesives and sealants market and its opportunities?
Leading firms in the waterproof adhesives and sealants industry are unveiling unique products to provide a full-range solution for adhesives and sealants. For example, in January 2023, France's Saint-Gobain, a manufacturer and distributor of materials and solutions, released OneBond, a multifaceted range designed for applications in bathrooms and kitchens. The silicone sealants in the series provide resistance against sunlight, seawater, temperature fluctuations, humidity, and ozone, and have added features like electricity and fire protection. OneBond's polyurethane line is customized for rigorous uses, providing high resistance against punctures, tears, wear and tear, low gas permeability, and possess antimicrobial properties. Further, the MS-Hybrid sealants merge the resilience of polyurethanes with the weather durability of silicones, thereby absorbing vibrations and structural movement.

What major market segments define the scope and growth of the waterproof adhesives and sealants market?
The waterproof adhesives and sealants market covered in this report is segmented -

1) By Type: Adhesives, Sealants
2) By Chemistry: Silicones, Polyurethanes, Acrylics, Epoxy, Polysulfide, Other Chemistries
3) By End-Use Industry: Building And Construction, Transportation, Electrical And Electronics, Other End-Use Industries

Subsegments:
1) By Adhesives: Polyurethane Adhesives, Epoxy Adhesives, Silicone Adhesives, Acrylic Adhesives, Polyvinyl Acetate (PVA) Adhesives
2) By Sealants: Silicone Sealants, Polyurethane Sealants, Acrylic Sealants, Butyl Sealants, Rubber Sealants

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Which region dominates the waterproof adhesives and sealants market?
Asia-Pacific was the largest region in the waterproof adhesives and sealants market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the waterproof adhesives and sealants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the waterproof adhesives and sealants industry growth?
Major companies operating in the waterproof adhesives and sealants market are 3M Company, Henkel AG & Co. KGaA, H.B. Fuller Company, Huntsman Corporation, Bostik Inc., Sika AG, Mapei SpA, Eastman Chemical Company, Arkema SA, RPM International Inc., Pidilite Industries Limited, Franklin International In., ITW Performance Polymers, Permabond LLC, Dymax Corporation, Master Bond Inc., LORD Corporation, Hexion Inc., Ashland Global Holdings Inc., Royal Adhesives & Sealants LLC, Chemence Inc., Hernon Manufacturing Inc., Parson Adhesives Inc., DAP Products Inc., Red Devil Inc., Gorilla Glue Inc.

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What Is Covered In The Waterproof Adhesives And Sealants Global Market Report?

• Market Size Forecast: Examine the waterproof adhesives and sealants market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the waterproof adhesives and sealants market for a structured understanding.
• Key Players Overview: Analyze major players in the waterproof adhesives and sealants market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the waterproof adhesives and sealants market.
• Segment Contributions: Evaluate how different segments drive overall growth in the waterproof adhesives and sealants market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the waterproof adhesives and sealants market.
• Industry Challenges: Identify potential risks and obstacles affecting the waterproof adhesives and sealants market.
• Competitive Landscape: Review strategic developments in the waterproof adhesives and sealants market, including expansions, agreements, and new product launches.

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