Construction Sealants Market worth 5m

TrendingReports 3/22/2024 2:18:54 PM

Sealants Market worth $5.7 billion by 2028

The report "Construction
Sealants Market
by Resin Type
(Silicone, Polyurethane, Polysulfide), Application (Glazing, Flooring &
Joining, Sanitary & Kitchen), End-use Industry (Residential, Commercial,
Industrial, Infrastructural), and Region - Global Forecast to 2028",
is projected to grow from USD 4.7 billion in 2023
to USD 5.7 billion in 2028 at a CAGR of 3.6%.


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Browse in-depth TOC on "Construction Sealants Market"

285 - Tables

41 - Figures

264 – Pages


The growth of the global
construction sealants market is primarily driven by the increasing usage of
silicone, hybrid, and polyurethane sealants. Polyurethane has made significant
contributions to sealant bonding technology, making several different feedstock
materials available for manufacturing sealants that exhibit a broad spectrum of
performance characteristics.


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Polyurethane is the fastest-growing resin type segment of
the overall construction sealants market.

Polyurethane sealants are polymers that contain urethane
linkages in the molecular backbone, regardless of the chemical composition of
the rest of the chain. Thus, a urethane sealant can be based on a wide range of
polymers, given that they can be reacted to form a urethane linkage. These
polymers may comprise different aliphatic and aromatic hydrocarbons, esters,
ethers, amides, urea, and allophanate groups. This, in turn, results in the
availability of a very wide range of raw materials for different formulations.


Glazing is the fastest application segment in the
construction sealants market during the forecast period.

Glazing is the fastest application segment in the
construction sealants market. There is increasing demand for sealants that
provide flexibility and resist cracks under extreme weather conditions in
hospitals, houses, public buildings, schools, and entertainment parks.
Polyurethane sealants are used for installing, assembling, and repairing glass.
They can be either used for structural glazing or conventional glazing,
depending upon the requirement of the application.


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Asia Pacific is the largest construction sealants market
during the forecast period.

Asia Pacific accounts for the largest share of the construction
sealants market globally. Factors such as rapidly growing construction
activities and an increasing and huge addressable population base are driving
the construction sealants market in the Asia Pacific region. China has been the
driving force behind the rapid expansion of the construction sealants market in
the Asia Pacific region and across the globe.


Key Market Players

The key players operating in the market are 3M (US),
Arkema (France), Sika AG (Switzerland), Henkel AG & Co. KGaA (Germany), and
H.B. Fuller (US).


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