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Construction Sealants Market worth 9.92 Billion USD by 2022


(, January 21, 2020 ) The report "Construction Sealants Market by Resin Type (Silicone, Polyurethane, Polysulfide), Application (Glazing, Flooring & Joining, Sanitary & Kitchen), and Region (Asia-Pacific, Europe, North America, South America, Middle East & Africa) - Global Forecast to 2022", The construction sealants market is estimated to be USD 7.54 Billion in 2017 and is expected to grow at a CAGR of 5.6% from 2017 to 2022, in terms of value. Construction sealants are widely used in the building & construction industry. Owing to the ongoing trend in the construction industry to reduce the overall weight for ease of transportation and improve the durability of the finished products, the demand for construction sealants is increasing for sealing & joining applications. These applications utilize the flexibility and elongation characteristics of construction sealants to seal concrete joints in commercial buildings, highways & bridges, and houses.

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Glazing application segment is projected to lead the construction sealants market during the forecast period

Glazing, in general, refers to a part of the window, facade panels, rain screens, wall, railroad, door, storefront, and entrance made of glass, which is sealed with sealants. Sealants for glazing are used to enhance building design, flexibility, improve aesthetics, durability, longevity, UV and weather resistance, load-bearing capacity, thermal stress, and low shrinkage.
There is an increasing demand for sealants, which can provide flexibility and resist cracks under extreme weather conditions in houses, hospitals, schools, public buildings, and entertainment parks. Polyurethane sealants are used for assembling, installing, and repairing glass. They can either be used for structural glazing or conventional glazing depending on the requirement of the application.

Asia-Pacific, South America, and the Middle East & Africa are the fastest-growing construction sealants markets in the glazing application due to ongoing investments in infrastructural development, increasing urbanization, and rising standards of living in emerging countries such as India, China, Vietnam, Bangladesh, Indonesia, Iran, and Brazil. The Asia-Pacific construction sealants market in the glazing application is mainly influenced by the growing housing sector, ongoing urbanization, rising income levels, and favorable government policies.

Based on resin type, the silicone segment is expected to grow at the highest CAGR during the forecast period

Based on resin type, the silicone segment is expected to grow at the highest CAGR during the forecast period. Silicone sealants are widely used in glazing, bathroom, and kitchen applications. The increasing use of silicone sealants for joining dissimilar materials, which provides weather protection to high-rise buildings and flexibility for airport runways and highways, as these sealants remain pliable and do not crack in warm weather or become brittle and crack in cold weather, is driving the market.

Don't miss out on business opportunities in Construction Sealants Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.

Browse in-depth TOC on "Construction Sealants Market”
113 - Market Data Tables
41 - Figures
189 - Pages

The construction sealants market in Asia-Pacific is witnessing rapid growth driven by significant economic progress and infrastructural development in various countries across the region. Increasing building & construction activities in the region are expected to propel the demand for construction sealants in the Asia-Pacific region.

Key market players in the construction sealants market

Key players in the construction sealants market are 3M (U.S.), Bostik (France), Sika (Switzerland), H.B. Fuller (U.S.), Henkel (Germany), BASF (Germany), Dow (U.S.), Wacker (Germany), General Electric (U.S.), MAPEI (Italy), Asian Paints (India), ITW (U.S.), Soudal (Belgium), Konishi (Japan), DAP Products (U.S.), Pidilite (India), KCC (Korea), Yokohama Rubber (Japan), Franklin (U.S.), Selena (Poland), Kömmerling (Germany), PCI (Germany), Hodgson Sealants (U.K.), Pecora (U.S.), and Euclid (U.S.).

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Mr. Shelly Singh


Source: EmailWire.Com

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