Construction Sealant Market by Product and Geography - Forecast and Analysis 2021-2025

Published: Dec 2020 Pages: 120 SKU: IRTNTR46499

The construction sealant market size has the potential to grow by USD 2.60 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.76%. 

This report provides a detailed analysis of the market by product (polyurethane, silicone, polysulfide, and others) and geography (APAC, Europe, MEA, North America, and South America). 

Construction Sealant Market Size

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Who are the Major Construction Sealant Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • 3M Co.
  • Arkema SA
  • BASF SE
  • deVan Sealants Inc.
  • DuPont de Nemours Inc.
  • General Electric Co.
  • H.B. Fuller Co.
  • Henkel AG & Co. KGaA
  • PPG Industries Inc.
  • Sika AG

 

The construction sealant market is fragmented and the vendors are deploying growth strategies such as rising investments in R&D to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as growing demand from developing economies to achieve growth opportunities. However, factors such as health hazards associated with construction sealants will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the construction sealant market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies, 

This construction sealant market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities. 

What are the Key Construction Sealant Market Drivers and Trends?

  • The rising construction activities in developing nations are expected to trigger the market’s growth in the forthcoming years.
  • Emerging economies in APAC, Africa, and the Americas are witnessing several construction projects due to the growing industrialization and increased spending capacity of the population.
  • The construction of commercial projects has further increased the demand for construction sealants.
  • The improved infrastructure spending in China, Malaysia, India, the Philippines, Thailand, Indonesia, Dubai, and Saudi Arabia is likely to drive the global construction sealant market during the forecast period.
  • The rising demand for specialty sealants is one of the key trends expected to gain traction in the market.
  • Manufacturers are offering low and mid-modulus products allowing consumers to select the most appropriate level of elasticity according to their requirements.
  • Specialty sealants are gaining popularity in the construction sector for joining wood in modern architectural solutions.
  • The sealants are being used in office and administrative buildings, schools, bridges, theatres, and even transmission towers. Such rising demand is expected to augur well for the construction sealant market.

 

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Which are the Key Markets for Construction Sealant?

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56% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for construction sealants in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growth of the construction industry is one of the prime factors that will facilitate the construction sealant market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

What are the Major Product Segments in the Construction Sealant Market?

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Polyurethane construction sealants based on polymers are one of the most widely used sealants in the buildings and construction industry. Being available in single and multi-component formulations, polyurethane sealants are used in horizontal joints or non-sagging vertical applications. The construction sealant market share growth by the polyurethane segment will be faster than the polysulfide segment.    

An in-depth scenario-based approach was followed in this construction sealant market research report to identify the direct and indirect impact of COVID-19 on market growth. Buy the full market research report to gain actionable insights on the influence of COVID-19 on construction sealant market segments.

 

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Key Highlights of the Construction Sealant Market Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive construction sealant market growth during the next five years
  • Precise estimation of the construction sealant market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the construction sealant industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of construction sealant market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Polyurethane - Market size and forecast 2020-2025
  • Silicone - Market size and forecast 2020-2025
  • Polysulfide - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by Product

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 3M Co.
  • Arkema SA
  • BASF SE
  • deVan Sealants Inc.
  • DuPont de Nemours Inc.
  • General Electric Co.
  • H.B. Fuller Co.
  • Henkel AG & Co. KGaA
  • PPG Industries Inc.
  • Sika AG

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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construction sealant market

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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  • Five-force market analysis