New Year and Chrismas Offer
Construction Sealants Market

Construction Sealants Market Size, Share & Segment By resin type (Silicone, One-Component, Two-Component, Polyurethane, One-Component, Two-Component, Polysulfide, One-Component, Two-Component, Plastisol, Emulsion, Butyl-based, Others) By application (Glazing, Flooring & Joining, Sanitary & Kitchen, Others) By end-use industry (Residential, Industrial, Commercial) By  function (Bonding, Protection, Insulation, Soundproofing, Cable Management), by Region Global Market Forecast 2022-2028

Report Id: SNS/C&M/2004 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Construction Sealants Market is assessed to USD 8.6 billion by 2021, at a CAGR of 5.8% during the figure time frame. The base year considered for this study is 2021 and the gauge period is from 2022 to 2028 assessed to reach 13.8 billion by 2028.

Sealants are used to prevent dust, heat, sound, and fluid from entering building structures through apertures. These are well-known for their effectiveness in waterproofing operations because they act as a moisture barrier in built buildings. Acoustic and thermal insulation, as well as fire barriers, are all provided by these materials. Commercial and residential infrastructure benefit from additional waterproofing, reliability, and flexibility provided by construction sealants. Roof sealant, window sealant, fireproofing and waterproofing, and bathroom sealant are just a few of the applications for these.

Construction Sealants Market Revenue Graph

Market Dynamics :

Key Drivers :

Growing demand for glazing panels in high rise buildings, environment complaint products like low VOC, green & sustainable sealants.

Increasing spending for infrastructural development

Adoption for modern construction methodology

Restraints :

Diverse countries are using eco-friendly products in various applications as a result of rising environmental concerns and regulatory restrictions. Construction sealant makers throughout the world are concentrating on assuring product safety and avoiding health risks linked with VOC emissions from chemical goods. This has an impact on manufacturers' manufacturing capacities in Europe and North America.

Environmental rules govern the manufacture of chemical and petroleum-based products in Europe and North America. In Europe and North America, regulatory authorities such as the Epoxy Resin Committee (ERC), the European Commission (EC), and others regulate the manufacture of solvent-based goods. Construction sealant's expansion is being stifled by these regulations.

Challenges :

Regulations governing the use of construction sealants are constantly changing, posing issues for sealant manufacturers. Manufacturers of construction sealants, for example, are concerned about changes in norms and standards set by the Construction Materials Regulation (CPR), which determine the minimum (or maximum) performance levels of construction products. The current building sealants on the market are not very technologically advanced, and the new products would necessitate more labelling and paperwork to establish compliance, as well as additional external testing expenditures.

Impact of covid 19 :

Johnson & Johnson and Prisma Health teamed up in March 2020 to create and commercialise the VESper, a ventilator expansion splitter. This ventilator splitter is only approved for emergency usage, allowing a single ventilator to be installed with the ventilator splitter and utilised for two rescuable patients for ventilatory support until individual ventilators are available during the COVID-19 pandemic.

Huntsman announced intentions in March 2019 to make around 50 tonnes of hand sanitizers to offer free of charge to hospitals and pharmacies, which are now experiencing significant shortages of such items due to the COVID-19 epidemic and limited supplies.Huntsman has recently provided its chemical goods to China's fight against the new coronavirus COVID-19. Methylene diphenyl diisocyanate (MDI) was also contributed to enable the production of prefabricated polyurethane insulation panels for hospital construction, as well as other supplies for the production of personal protective equipment (PPE) for medical professionals fighting the coronavirus.

Key players:

Bostik (France), Sika (Switzerland), H.B. Fuller (U.S.), Henkel (Germany), BASF (Germany), Dow (U.S.), Wacker (Germany), General Electric (U.S.),, 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.), Euclid (U.S.), 3M (U.S.), MAPEI (Italy),  Asian Paints (India),  Yokohama Rubber (Japan)

Market Segmentation:

By resin type

  • Silicone

  • One-Component

  • Two-Component

  • Polyurethane

  • One-Component

  • Two-Component

  • Polysulfide

  • One-Component

  • Two-Component

  • Plastisol

  • Emulsion

  • Butyl-based

  • Others

By application

  • Glazing

  • Flooring & Joining

  • Sanitary & Kitchen

  • Others 

By end-use industry

  • Residential

  • Industrial

  • Commercial

By  function

  • Bonding

  • Protection

  • Insulation

  • Soundproofing

  • Cable Management

Construction Sealants Market Segment Pie Chart

Regional analysis:

Asia-Pacific, North America, Latin America, Europe, and the Middle East and Africa make up the worldwide construction adhesive and sealant market. Due to the rapid growth of the construction industry combined with the development of sophisticated modern infrastructure across the region, Asia-Pacific is predicted to hold more than one-third of the worldwide market share and is expected to maintain its dominance during the forecast period. During the projected period, the increasing growth of the construction sector in Asia-Pacific developing economies such as India and other Southeast Asian countries is expected to boost the construction adhesives and sealants market.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Construction Sealants Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 8.6 Billion
Market Size by 2028 US$ 13.8 Billion
CAGR CAGR of 5.8% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By resin type (Silicone, One-Component, Two-Component, Polyurethane, One-Component, Two-Component, Polysulfide, One-Component, Two-Component, Plastisol, Emulsion, Butyl-based, Others)
• By application (Glazing, Flooring & Joining, Sanitary & Kitchen, Others)
• By end-use industry (Residential, Industrial, Commercial)
• By function (Bonding, Protection, Insulation, Soundproofing, Cable Management)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Bostik (France), Sika (Switzerland), H.B. Fuller (U.S.), Henkel (Germany), BASF (Germany), Dow (U.S.), Wacker (Germany), General Electric (U.S.),, 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.), Euclid (U.S.), 3M (U.S.), MAPEI (Italy),  Asian Paints (India),  Yokohama Rubber (Japan)


Frequently Asked Questions (FAQ) :

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: Bostik (France), Sika (Switzerland), H.B. Fuller (U.S.), Henkel (Germany), BASF (Germany), Dow (U.S.), Wacker (Germany), General Electric (U.S.),, 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.), Euclid (U.S.), 3M (U.S.), MAPEI (Italy),  Asian Paints (India),  Yokohama Rubber (Japan) are the major Key players of Construction Sealants Market

Ans: Growing demand for glazing panels in high rise buildings, environment, complaint products like low VOC, green & sustainable sealants, Increasing spending for infrastructural development and Adoption for modern construction methodology are the Drivers for Construction Sealants Market

Ans: Sealants are used to prevent dust, heat, sound, and fluid from entering building structures through apertures.

Ans: The market for construction sealants is assessed to USD 8.6 billion by 2021, at a CAGR of 5.8% during the figure time frame. The base year considered for this study is 2021 and the gauge period is from 2022 to 2028 assessed to reach 13.8 billion by 2028.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

 

4.1 COVID 19 Impact Analysis

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8.The SNS Graph

 

9.Global Protective Coatings Market Segment, By resin type

9.1 Silicone

9.2 One-Component

9.3 Two-Component

9.4 Polyurethane

9.5 One-Component

9.6 Two-Component

9.7 Polysulfide

9.8 One-Component

9.10 Two-Component

9.11 Plastisol

9.12 Emulsion

9.13 Butyl-based

 

10.Global Protective Coatings Market Segment, By application

10.1 Glazing

10.2 Flooring & Joining

10.3 Sanitary & Kitchen

10.4 Others

 

11.Global Protective Coatings Market Segment, By end-use industry

11.1 Residential

11.2 Industrial

11.3 Commercial

 

12.Global Protective Coatings Market Segment, By  function

12.1 Bonding

12.2 Protection

12.3 Insulation

12.4 Soundproofing

12.5 Cable Management

 

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2 Canada

13.2.3 Mexico

13.3 Europe

13.3.1 Germany

13.3.2 UK

13.3.3 France

13.3.4 Italy

13.3.5 Spain

13.3.6 The Netherlands

13.3.7 Rest of Europe

13.4 Asia-Pacific

13.4.1 Japan

13.4.2 South Korea

13.4.3 China

13.4.4 India

13.4.5 Australia

13.4.6 Rest of Asia-Pacific

13.5 The Middle East & Africa

13.5.1 Israel

13.5.2 UAE

13.5.3 South Africa

13.5.4 Rest

13.6 Latin America

13.6.1 Brazil

13.6.2 Argentina

13.6.3 Rest of Latin America

 

 

14.Company Profiles

14.1 Bostik (France)

14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

 

14.2 Sika (Switzerland)

14.3 H.B. Fuller (U.S.)

14.4 Henkel (Germany)

14.5 BASF (Germany)

14.6 Dow (U.S.)

14.7 Wacker (Germany)

14.8 General Electric (U.S.)

14.9 ITW (U.S.)

14.10 Soudal (Belgium)

14.11 Konishi (Japan)

14.12 DAP Products (U.S.)

14.13 Pidilite (India)

14.14 KCC (Korea)

14.15 Yokohama Rubber (Japan)

14.16 Franklin (U.S.)

14.17 Selena (Poland)

14.18 Kömmerling (Germany)

14.19 PCI (Germany)

14.20 Hodgson Sealants (U.K.)

14.21 Pecora (U.S.)

14.22 Euclid (U.S.)

14.23 3M (U.S.)

14.24 MAPEI (Italy)

14.25 Asian Paints (India)

14.26 Yokohama Rubber (Japan)

 

15.Competitive Landscape

15.1 Competitive Benchmarking

15.2 Market Share analysis

15.3 Recent Developments

 

16.Conclusion

 

 

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of the good and accurate research report and selecting the best methodology to complete the research is the toughest part. Since the research reports, we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brainstorming sessions to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploaded on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.