Market Overview:
The global joint sealant market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for joint sealants from various applications such as sidewalks, balconies, pavements, warehouses, factories, civil structures and pitch pans. In addition, the growing construction industry is also fueling the growth of the global joint sealant market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On basis of type, polyurethane joint sealants are expected to dominate the global joint sealant market during 2018-2030 owing to their superior properties such as high flexibility and durability. On basis of application; sidewalks are projected to account for a major share in terms of revenue in 2018 due to increasing urbanization and rising demand for better infrastructure across regions worldwide.
Product Definition:
A joint sealant is a material used to fill the gaps between two surfaces, most often in order to prevent the passage of fluids or gases. Joint sealants are important because they help keep elements like water and air from passing through joints, which can cause damage or discomfort. Additionally, joint sealants can help inhibit the spread of fire.
Polyurethane Joint Sealants:
Polyurethane joint sealants are synthetic rubber-like compounds that are used to join two or more materials together. They have high tensile strength and flexural modulus, which makes them suitable for use in sealing applications. Polyurethane joint sealants can be classified as hot melt and cold flow based on their application properties.
Inorganic Joint Sealants:
Inorganic joint sealants are synthetic materials that are used to fill the gap between two bones in the body. These sealants have a high rate of success and low failure rates as compared to other arthroscopic materials such as glues, cement, and others. Inorganic joint sealant is composed of three components namely base material (eg. acrylic resin), an adhesive component (eg.
Application Insights:
The global demand for concrete has been witnessing a paradigm shift due to the changing construction industry dynamics. The growth of the construction and infrastructure sector is directly related to country¢â‚¬â„¢s GDP. As per World Bank, the global construction spending was around USD 870 billion in 2016 and is expected to grow at an estimated rate of 5% from 2017 to 2018.
Pavement was the largest application segment with a share of over 40% in 2017 owing to its extensive usage in various applications including bridges, highways, airports check-in halls & boarding gates as well as car parking facilities. Moreover, increasing urbanization along with rising disposable income levels will boost product demand in this segment over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising construction activities in emerging economies, such as China and India. In addition, increasing foreign investments coupled with growing industrialization are also anticipated to drive demand for these sealants in Asia Pacific region.
The European market was valued at USD X billion in 2017 and is projected to witness a CAGR of XX% from 2018 to 2030 owing high product consumption related to reconstruction efforts after major earthquakes such as those that occurred in 2016 (Italy) or 2015 (Spain). Moreover, stringent government regulations regarding building safety standards are also expected drive demand for joint sealants over the forecast period.
Growth Factors:
- Increasing demand for advanced and innovative sealants from the construction industry to improve the durability of structures.
- Rising demand for joint sealants in transportation infrastructure owing to increasing spending on transport infrastructure projects worldwide.
- Growing use of joint sealants in oil & gas pipelines due to the increasing production and exploration of oil & gas reserves across the globe.
- Increasing application scope of joint sealants in various end-use industries such as automotive, aerospace, marine, etc., due to their superior properties such as weather resistance, thermal stability, etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Joint Sealant Market Research Report
By Type
Polyurethane Joint Sealants, Inorganic Joint Sealants
By Application
Sidewalks, Balconies, Pavement, Warehouses, Factories, Civil Structures, Pitch Pans
By Companies
Dauco, Pattex, Bostik, Vibon, Langood, Weber, Dunlop, Oriental Yuhong, Mapei, Sika, Dauco, Selena
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
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Joint Sealant Market Report Segments:
The global Joint Sealant market is segmented on the basis of:
Types
Polyurethane Joint Sealants, Inorganic Joint Sealants
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
Sidewalks, Balconies, Pavement, Warehouses, Factories, Civil Structures, Pitch Pans
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:
- Dauco
- Pattex
- Bostik
- Vibon
- Langood
- Weber
- Dunlop
- Oriental Yuhong
- Mapei
- Sika
- Dauco
- Selena
Highlights of The Joint 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:
- Polyurethane Joint Sealants
- Inorganic Joint Sealants
- By Application:
- Sidewalks
- Balconies
- Pavement
- Warehouses
- Factories
- Civil Structures
- Pitch Pans
- 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 Joint 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Joint sealant is a type of adhesive that is used to join two surfaces together. It can be used in a variety of applications, including construction, automotive, and medical. Joint sealant is typically made from a mixture of polyurethane and silicone oils.
Some of the major players in the joint sealant market are Dauco, Pattex, Bostik, Vibon, Langood, Weber, Dunlop, Oriental Yuhong, Mapei, Sika, Dauco, Selena.
The joint sealant market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Joint 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 Joint Sealant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Joint 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 Joint 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 Joint Sealant Market Size & Forecast, 2020-2028
4.5.1 Joint Sealant Market Size and Y-o-Y Growth
4.5.2 Joint 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 Polyurethane Joint Sealants
5.2.2 Inorganic Joint Sealants
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 Sidewalks
6.2.2 Balconies
6.2.3 Pavement
6.2.4 Warehouses
6.2.5 Factories
6.2.6 Civil Structures
6.2.7 Pitch Pans
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Joint 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 Joint 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 Polyurethane Joint Sealants
9.6.2 Inorganic Joint Sealants
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 Sidewalks
9.10.2 Balconies
9.10.3 Pavement
9.10.4 Warehouses
9.10.5 Factories
9.10.6 Civil Structures
9.10.7 Pitch Pans
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 Polyurethane Joint Sealants
10.6.2 Inorganic Joint Sealants
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 Sidewalks
10.10.2 Balconies
10.10.3 Pavement
10.10.4 Warehouses
10.10.5 Factories
10.10.6 Civil Structures
10.10.7 Pitch Pans
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 Polyurethane Joint Sealants
11.6.2 Inorganic Joint Sealants
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 Sidewalks
11.10.2 Balconies
11.10.3 Pavement
11.10.4 Warehouses
11.10.5 Factories
11.10.6 Civil Structures
11.10.7 Pitch Pans
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 Polyurethane Joint Sealants
12.6.2 Inorganic Joint Sealants
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 Sidewalks
12.10.2 Balconies
12.10.3 Pavement
12.10.4 Warehouses
12.10.5 Factories
12.10.6 Civil Structures
12.10.7 Pitch Pans
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 Polyurethane Joint Sealants
13.6.2 Inorganic Joint Sealants
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 Sidewalks
13.10.2 Balconies
13.10.3 Pavement
13.10.4 Warehouses
13.10.5 Factories
13.10.6 Civil Structures
13.10.7 Pitch Pans
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 Joint Sealant Market: Competitive Dashboard
14.2 Global Joint Sealant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dauco
14.3.2 Pattex
14.3.3 Bostik
14.3.4 Vibon
14.3.5 Langood
14.3.6 Weber
14.3.7 Dunlop
14.3.8 Oriental Yuhong
14.3.9 Mapei
14.3.10 Sika
14.3.11 Dauco
14.3.12 Selena
