Global Building And Construction Sealants Market Rising With Growth In New Technology Trends Research By 2025


The global building and construction sealants market size is anticipated to reach USD 11.23 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.1% over the forecast period. Increasing construction spending in emerging economies like China and India is the significant factor driving market growth. Furthermore, the rising recovery of infrastructure in developed markets like U.S. and Germany is expected to boost the demand.
Water based sealant emerged as the leading technology worldwide in 2017 owing to its Volatile Organic Compound (VOC) free characteristics and low cost. These products minimize slipping while adhering to vertical surfaces and reduce the need for joint support during curing. Moreover, they are highly heat resistant and therefore the bond caused by them integrity when exposed to sunlight.
Some of the key market players are Sika AG, 3M, Dow Corning, and H.B Fuller. New product launches, mergers and acquisitions, and product launches are the significant business strategies adopted by them.
Browse Research Report On building and construction sealants Market:
https://www.grandviewresearch.com/industry-analysis/building-construction-sealants-market
The silicone resin based sealants led the market in 2017 due to its characteristics such as thermal stability, adhesion, aesthetic appeal, and weather resistance. Furthermore, these products were significantly adopted for structural glazing and weatherproofing applications.
The bonding segment of the product captured the largest market share in 2017. For the purpose of bonding, construction sealants are always preferred over mechanical fasteners due to high strength bonding characteristics and better environment-friendliness. Also, they facilitate faster development of construction projects and are more economical than mechanical fasteners.
Further key findings from the report suggest:
  • Polyurethane resin is expected to be the fastest growing segment with a CAGR of 6.0% during the forecast period on account of low cost and extensive usage in bonding applications
  • Flooring application led the building & construction sealants market in 2017, with a share of 23.1% owing to the enhanced bond strength and superior hardness offered by construction sealants for flooring purposes
  • The bonding function is anticipated to be the fastest growing function segment with a CAGR of 6.1% during the forecast period
  • Asia Pacific is predicted to lead with a market share of 47.7% by 2025 on account of rapid industrialization and rising spending on housing infrastructure
  • Regulatory agencies such as EPA and REACH have enforced strict regulations regarding the limits on the emissions of Hazardous Air Pollutants (HAP) and Volatile Organic Compounds (VOCs) which has encouraged the production of bio based sealants
Asia Pacific is predicted to be the fastest growing region in the global building & construction sealants market, during the forecast period. Increasing demand for housing infrastructure coupled with rising per capita income is estimated to propel the construction sector in emerging economies like China, India, Vietnam, and Thailand. Moreover, there is an increasing demand for sustainable products, which is expected to support the growth of bio-based sealants.
The market is dominated by a few players who hold a significant market share. Major players are focusing on product differentiation and innovation to sustain the demand for eco-friendly products. Merger and acquisition is a significant strategy adopted by the industry players to gain a competitive advantage and expand their geographical presence.
Browse Press Release of this report:
https://www.grandviewresearch.com/press-release/global-building-construction-sealants-market
Grand View Research has segmented the global building & construction sealants market report on the basis of resin type, technology, application, function, end-use, distribution channel:
Building and Construction Sealants Resin Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Silicone
  • Polyurethane
  • Plastisol
  • Emulsion
  • Polysulfide
  • Butyl-based
Building and Construction Sealants Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Water-based
  • Solvent-based
  • Reactive
  • Others
Building and Construction Sealants Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Flooring
  • Packaging
  • Food & Beverages
  • Construction
  • Automotive
  • Others
Building and Construction Sealants Function Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Bonding
  • Protection
  • Insulation
  • Glazing
  • Soundproofing
  • Cable management
Building and Construction Sealants End-use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Residential
  • Industrial
  • Commercial
Building and Construction Sealants Distribution channel Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
  • Direct
  • Third-party
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


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