Global Construction Sealants Market: Overview 

Sealants, commonly known as caulking in the construction industry, are ubiquitously used to block dust, heat, sound, and fluid through apertures at joints in building structures. They display a number of properties and are particularly effective in waterproofing processes to provide a barrier for moisture in built structures. Sealants can provide acoustic and thermal insulation and can also be used as fire barriers. Sealants have been in use for several hundred years. Asphalt and bitumen that are naturally occurring have been used as sealants for many centuries. 

Sealants comprise inert filler material and are usually composed of an elastomer to fulfill the flexibility and elongation requirements. Sealants are usually present in semi-liquid and viscous state with little to zero flow characteristics. Adhesion, corrosion resistance, and insolubility are some of the desirable properties of sealants that make them ideal for water proofing in the construction industry. 

The report presents an overview of the construction sealants market in a ground-up manner looking into market dynamics, growth trends, and product development that will influence the growth curve for the 2016-2024 period. The publication makes for an interesting read as facts and figures pertaining to developments in the market are presented in a chronological order. 

Global Construction Sealants Market: Trends and Opportunities 

The construction sealants market is displaying significant growth due to the increasing application of sealants for flooring and expansion jointing in commercial and residential building structures. In particular, in emerging economies, high rate of development of residential buildings is driving the construction sealants market. Furthermore, environmental concerns leading to the development of light and green buildings is expected to display a substantial demand for construction sealants across the world. 

However, government regulations in place across several countries for VOC emissions is restraining the market’s growth. The introduction of biobased and anaerobic sealants is anticipated to benefit the market’s growth in future. 

Global Construction Sealants Market: Regional Outlook 

Europe stood as a major market for construction sealants in 2014. Germany, Russia, Turkey, Austria, and the Netherlands are major contributors to the European construction sealants market. Asia Pacific is expected to display the fastest growth in the construction sealants market in the forthcoming years. In this region, rapid urbanization and construction of commercial complexes for the increasing economic development are benefitting the construction sealants market for building structures.

The Middle East and Africa regional market is expected to display significant growth over the forecast period. In particular, in the UAE and Saudi Arabia, the increasing number of residential building construction to keep up the demand for increasing home ownership supported by easy residential mortgaging schemes will benefit the construction sealants market. 

Latin America is expected to display moderate growth over the forecast period. Argentina and Brazil are the major contributors to the Latin America construction sealants market due to the increasing urbanization and industrialization. 

Global Construction Sealants Market: Competitive Landscape

Some of the key players in the global construction sealants market include BASF SE, KGaA, Fuller, Cytec Industries Inc., General Electric, PPG Industries Inc., Henkel AG & Co., 3M, The Dow Chemical Company, Master Bond, and Sika AG. 

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

  • Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
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The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

  • North America, South America, and the Americas
  • Asia Pacific and Japan
  • Europe
  • Latin America
  • Middle East and Africa

The study offers data-driven insights and guidance of several aspects. Some of the more notable questions are:

  • What are the major recent trends that can influence the product life cycle and the RoI?
  • Which regulatory trends shape corporate-level, business-level, and functional-level strategies?
  • Which micromarketing initiatives of leading players will bring in investments?
  • What can be the best framework and tools for PESTLE analysis?
  • Which regions will witness rise in new opportunities?
  • Which are the game-changing technologies being used to capture new revenue streams in the near future?
  • Which operational and tactical frameworks are being adopted by various players in gaining customer loyalty?
  • What is the current and expected intensity of competition the market in the near future?

Disclaimer: This market research study is an ongoing effort and extreme care has been taken to maintain the highest levels of accuracy at all stages. However, in the light of the rapidly evolving business dynamics, some region-specific or other segment-specific changes may take time to be part of the study.

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Construction Sealants Market