Market Overview:
The global building sealant market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and green buildings, rising construction activities across the globe, and growing awareness about the benefits of using building sealants. Based on type, silicone is expected to be the fastest-growing segment in the global building sealant market during the forecast period. This can be attributed to its properties such as resistance to extreme weather conditions, high durability, and low maintenance requirements. Polyurethane is also expected to witness significant growth duringthe forecast period owingto its properties such as high thermal insulation and moisture resistance.
Product Definition:
A sealant is a material used to fill the joints between materials, usually to prevent water or air from passing through.
Silicone:
Silicone is a widely used sealant in the building and construction industry. It is an elastomeric polymer with high heat & chemical resistance, durability, and low permeability to gases. Silicone based sealants are resistant to most solvents including alcohols, acetone, water as well as other organic solvents. They have excellent UV stability & weather ability which makes them suitable for outdoor applications such as sealing of pool decks or exterior brick work.
Polyurethane:
Polyurethane (PU) is a polymer, which is manufactured by the catalytic reaction of an organic compound with hydrogen. It has applications in sealants and coatings as it exhibits high strength, durability and thermal stability. PU based sealant & coating exhibit excellent chemical resistance to oil & fuel, high tensile strength and good abrasion resistance.
Application Insights:
The flooring and joining application segment led the global market in 2017. This is attributed to rising demand for sealants in various flooring applications, such as subfloor sealing, expansion joints between slabs or concrete floors, and surface preparation for painting or coating. Sealants are used to reduce moisture penetration into the wood layer of a building¢â‚¬â„¢s structure and to prevent water from seepage through cracks between boards.
Glazing was the second-largest segment in 2017 due to increasing demand for glass panels used in buildings across different end-use industries. Sealants are applied during glazing operations on all surfaces that come into contact with glass including window frames, doorframes, sashes & lites (frames around doors), along with interiors & exteriors of buildings where glazing is installed.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is anticipated to continue its dominance over the forecast period. The region is expected to witness rapid growth on account of increasing construction activities, coupled with growing awareness regarding building a sustainable environment.
The demand for sealants in Europe was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing to rising infrastructural development projects such as hospitals, schools, colleges, airports etc., undertaken by governments across countries such as Germany (€ 18 billion), Italy (€ 15 billion) and Spain (€ 12 billion). In addition, new commercial constructions are also expected fuel market growth over the coming years.
Growth Factors:
- Increasing demand for energy-efficient and green buildings: The global building sealant market is expected to grow at a CAGR of over 5% during the forecast period. This can be attributed to the increasing demand for energy-efficient and green buildings, as they help in conserving energy and reducing greenhouse gas emissions.
- Rising construction spending in emerging economies: The growth of the global building sealant market is also driven by the rising construction spending in emerging economies, such as China, India, Brazil, and Mexico. These countries are witnessing a rapid growth in their infrastructure sector due to which there is an increase in demand for various types of sealants.
- Growing popularity of silicone sealants: Silicone-based sealants are gaining popularity due to their superior properties such as resistance to extreme weather conditions, high thermal stability, low volatility, etc., which makes them suitable for use in a wide range of applications including automotive manufacturing, aerospace engineering etc. This is likely to boost the growth of the global silicone building sealant market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Building Sealant Market Research Report
By Type
Silicone, Polyurethane, Polysulfide, Others
By Application
Glazing, Flooring & Joining, Sanitary & Kitchen, Others
By Companies
M, Bostik SA, Sika AG, Henkel AG & Co. KGaA, H.B. Fuller, BASF SE, The DOW Chemical Company, Wacker Chemie AG, General Electric Company, Konishi Co., Ltd., M, Asian Paints Limited
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Building Sealant Market Report Segments:
The global Building Sealant market is segmented on the basis of:
Types
Silicone, Polyurethane, Polysulfide, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Glazing, Flooring & Joining, Sanitary & Kitchen, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- M
- Bostik SA
- Sika AG
- Henkel AG & Co. KGaA
- H.B. Fuller
- BASF SE
- The DOW Chemical Company
- Wacker Chemie AG
- General Electric Company
- Konishi Co., Ltd.
- M
- Asian Paints Limited
Highlights of The Building Sealant Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Silicone
- Polyurethane
- Polysulfide
- Others
- By Application:
- Glazing
- Flooring & Joining
- Sanitary & Kitchen
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Building Sealant Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Building sealant is a type of sealant that is used to protect the surface of a building from water damage. It can be applied as a liquid or powder, and it is typically used on exterior surfaces such as walls, roofs, and windows. Building sealant helps to prevent water from seeping through the surface of the building and damaging underlying materials.
Some of the key players operating in the building sealant market are M, Bostik SA, Sika AG, Henkel AG & Co. KGaA, H.B. Fuller, BASF SE, The DOW Chemical Company, Wacker Chemie AG, General Electric Company, Konishi Co., Ltd., M, Asian Paints Limited.
The building sealant market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Building Sealant Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Building Sealant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Building Sealant Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Building Sealant Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Building Sealant Market Size & Forecast, 2020-2028
4.5.1 Building Sealant Market Size and Y-o-Y Growth
4.5.2 Building Sealant Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Silicone
5.2.2 Polyurethane
5.2.3 Polysulfide
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Glazing
6.2.2 Flooring & Joining
6.2.3 Sanitary & Kitchen
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Building Sealant Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Building Sealant Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Silicone
9.6.2 Polyurethane
9.6.3 Polysulfide
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Glazing
9.10.2 Flooring & Joining
9.10.3 Sanitary & Kitchen
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Silicone
10.6.2 Polyurethane
10.6.3 Polysulfide
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Glazing
10.10.2 Flooring & Joining
10.10.3 Sanitary & Kitchen
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Silicone
11.6.2 Polyurethane
11.6.3 Polysulfide
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Glazing
11.10.2 Flooring & Joining
11.10.3 Sanitary & Kitchen
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Silicone
12.6.2 Polyurethane
12.6.3 Polysulfide
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Glazing
12.10.2 Flooring & Joining
12.10.3 Sanitary & Kitchen
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Silicone
13.6.2 Polyurethane
13.6.3 Polysulfide
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Glazing
13.10.2 Flooring & Joining
13.10.3 Sanitary & Kitchen
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Building Sealant Market: Competitive Dashboard
14.2 Global Building Sealant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 Bostik SA
14.3.3 Sika AG
14.3.4 Henkel AG & Co. KGaA
14.3.5 H.B. Fuller
14.3.6 BASF SE
14.3.7 The DOW Chemical Company
14.3.8 Wacker Chemie AG
14.3.9 General Electric Company
14.3.10 Konishi Co., Ltd.
14.3.11 M
14.3.12 Asian Paints Limited
