Global Waterproof Adhesives And Sealants Market Projected to Grow at 8.6% CAGR, Reaching $40.23 Billion by 2029

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What Will the Waterproof Adhesives And Sealants Industry Market Size Be by 2025?
The market for waterproof adhesives and sealants has seen considerable expansion in the latest years. It is predicted to grow from $26.82 billion in 2024 to $28.93 billion in 2025, boasting a compound annual growth rate (CAGR) of 7.9%. The growth witnessed in the past few years can be linked to several factors including weather conditions, the use in the healthcare sector, sustainability trends, as well as its application in electronics, electrical and the automotive industry.

What's the Long-Term Growth Forecast for the Waterproof Adhesives And Sealants Market Size Through 2029?
Strong expansion is projected for the waterproof adhesives and sealants market in the coming years, with anticipated growth to a sizable $40.23 billion by 2029, boasting an impressive compound annual growth rate (CAGR) of 8.6%. Various factors are seen as the key drivers for this growth into the forecast period, such as the demand for customizable and versatile products, the impact of climate change, advancements in the field of nanotechnology, the preference for high-performance materials, and applications in consumer goods. The forecast period is also expected to witness several key trends, some of which include the rise in sustainable products, the emergence of innovative solutions, technological progress, and strategic collaborations.

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What Are the Key Growth Drivers Fueling the Waterproof Adhesives And Sealants Market Expansion?
Projected growth in the building and construction sector is a driving factor for the advancement of the waterproof adhesives and sealants market. This sector encompasses the manufacturing and trading of buildings, infrastructure maintenance, repairs and updating of buildings and infrastructure, among other things. Waterproof adhesives and sealants are employed for a variety of uses in the building and construction industry. These include preventing liquids and other fluid substances from leaking through surfaces and mechanical joints, providing waterproofing to building and construction materials and other uses. As per the Office of National Statistics, a UK-based institution, there was a 15.8% increase in the value of new construction work in Great Britain in 2022, touching a record £132,989 million ($173,604), up from 2021. This was due to the combined impact of growth in both the private and public sectors. In 2022, new construction orders also rose by 11.4%, amounting to £80,837 million ($105,525) from the previous year, with significant input from the private infrastructure and commercial sectors. In the third quarter of 2022 (July to September), the construction firm registrations experienced a 5.9% increase compared to 2021, while the workforce grew by 3.3%, equating to 1.4 million employees in 2022 compared to the previous year. The output price index for construction work demonstrated strong growth, with an 8.8% upswing by December 2022. Consequently, the burgeoning building and construction industry is fueling the expansion of the waterproof adhesives and sealants market.

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What Are the Key Trends Driving Waterproof Adhesives And Sealants Market Growth?
Leading businesses in the waterproof adhesives and sealants sector, are launching innovative products to offer exhaustive solutions. For example, in January 2023, Saint-Gobain, a French company that designs, produces, and supplies materials and solutions, introduced OneBond. This is a versatile set of adhesives and sealants developed specifically for use in kitchen and bathroom settings. The silicone sealants in this collection have the ability to withstand sunlight, seawater, fluctuations in temperature, moisture, and ozone. They also possess additional capabilities such as fire and electrical protection. OneBond's polyurethane selection is customised for challenging applications, providing high resilience to punctures, rips, and abrasion, as well as antimicrobial properties and low gas permeability. Furthermore, the MS-Hybrid sealants merge the robustness of polyurethanes with the climatic resistance of silicones, thereby handling vibrations and structural shifts.

How Is the Waterproof Adhesives And Sealants Market Segmented?
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 Companies Are Leading the Charge in Waterproof Adhesives And Sealants Market Innovation?
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.

Which Regions Are Leading the Global Waterproof Adhesives And Sealants Market in Revenue?
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.

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