Market Overview:
The global latex caulks 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 latex caulks in residential, commercial, and industrial applications. In terms of type, acrylic latex caulk is expected to dominate the global latex caulks market during the forecast period. This can be attributed to its properties such as durability, flexibility, and resistance to weathering. In terms of application, residential applications are expected to account for a major share of the global latex caulks market during the forecast period.
Product Definition:
A latex-based adhesive and sealant used to fill and seal gaps, cracks, and holes. Latex caulking is often used around windows and doors where drafts are a problem, as well as in bathrooms and kitchens where water damage is common.
Acrylic Latex Caulk:
Acrylic latex caulk is a water-based emulsion polymerization of acrylic acid and is used as an adhesive for interior moisture barrier applications such as wood, drywall, concrete, fiberglass insulation boards. It has the ability to fill any gaps or cracks in the aforementioned materials due to its high viscosity and elasticity.
Acrylic Latex Silicone Blend Caulk:
Acrylic latex silicone blend caulk is a two component system that contains an acrylic polymer and silicone. It is designed for use as a sealant, gap filler, and water repellent in various applications including wood floors, drywall joints & cracks, ceramic tile backings (in-situ & free-flowing), fiberglass insulation (furnace & duct), concrete countertop edges/corners and others.
Application Insights:
The global latex caulking market is segmented on the basis of application into residential, commercial and industrial sectors. In terms of revenue, the industrial segment dominated the overall market in 2017 owing to increasing construction activities across developing countries such as India, China and Brazil. Moreover, growing emphasis on improving building energy efficiency by reducing air leakage through proper sealing & weatherproofing coupled with rising awareness regarding environment protection is expected to drive industry growth over the forecast period.
In terms of volume as well as revenue, residential application was one of the leading segments in 2017 due to rapid urbanization projects across various regions including Middle East & Africa and Asia Pacific which are aimed at providing housing facilities for all citizens resulting in an increased demand for caulks from both consumers and builders. Increasing consumer disposable income has also facilitated high-end housing schemes with superior infrastructure which further boosts product demand globally latex caulking market annually by 2030¢â‚¬â€œ2029%.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing construction activities and rising demand for consumer goods. In addition, presence of a large number of manufacturers coupled with technological advancements is expected to have a positive impact on industry growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid urbanization and growing population in countries such as China, India, Indonesia, Malaysia and Thailand among others are expected drive product demand across this region.
The European market was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand for latex caulks in the construction industry as a result of growing population and rapid urbanization.
- Rising awareness about the benefits of latex caulks among consumers, which is expected to boost its demand over the forecast period.
- Growing use of latex caulks in sealing joints and cracks in various applications such as flooring, walls, ceilings, roofs, etc., is projected to fuel their growth over the next few years.
- Technological advancements that have led to development of new types of latex caulks with better properties are likely to create new opportunities for market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Latex Caulk Market Research Report
By Type
Acrylic Latex Caulk, Acrylic Latex Silicone Blend Caulk
By Application
Residential, Commercial, Industrial
By Companies
3M, Bostik, Chemence, The Dow Chemical Company, ITW Devcon, Franklin International, H.B. Fuller Company, Konishi, Hernon Manufacturing, Hodgson Sealants (Holdings), Krafft SLU, Sherwin-Williams, American Sealants
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Latex Caulk Market Report Segments:
The global Latex Caulk market is segmented on the basis of:
Types
Acrylic Latex Caulk, Acrylic Latex Silicone Blend Caulk
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
Residential, Commercial, Industrial
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:
- 3M
- Bostik
- Chemence
- The Dow Chemical Company
- ITW Devcon
- Franklin International
- H.B. Fuller Company
- Konishi
- Hernon Manufacturing
- Hodgson Sealants (Holdings)
- Krafft SLU
- Sherwin-Williams
- American Sealants
Highlights of The Latex Caulk 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:
- Acrylic Latex Caulk
- Acrylic Latex Silicone Blend Caulk
- By Application:
- Residential
- Commercial
- Industrial
- 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 Latex Caulk 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Latex caulking is a type of sealant that is made from latex. It is used to seal gaps and joints in walls, floors, and ceilings. Latex caulking can be painted or left unpainted.
Some of the major players in the latex caulk market are 3M, Bostik, Chemence, The Dow Chemical Company, ITW Devcon, Franklin International, H.B. Fuller Company, Konishi, Hernon Manufacturing, Hodgson Sealants (Holdings), Krafft SLU, Sherwin-Williams, American Sealants.
The latex caulk 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 Latex Caulk 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 Latex Caulk Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Latex Caulk 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 Latex Caulk 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 Latex Caulk Market Size & Forecast, 2018-2028
4.5.1 Latex Caulk Market Size and Y-o-Y Growth
4.5.2 Latex Caulk Market Absolute $ Opportunity
Chapter 5 Global Latex Caulk 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 Latex Caulk Market Size Forecast by Type
5.2.1 Acrylic Latex Caulk
5.2.2 Acrylic Latex Silicone Blend Caulk
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Latex Caulk 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 Latex Caulk Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Latex Caulk 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 Latex Caulk 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 Latex Caulk Analysis and Forecast
9.1 Introduction
9.2 North America Latex Caulk 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 Latex Caulk Market Size Forecast by Type
9.6.1 Acrylic Latex Caulk
9.6.2 Acrylic Latex Silicone Blend Caulk
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 Latex Caulk Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
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 Latex Caulk Analysis and Forecast
10.1 Introduction
10.2 Europe Latex Caulk 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 Latex Caulk Market Size Forecast by Type
10.6.1 Acrylic Latex Caulk
10.6.2 Acrylic Latex Silicone Blend Caulk
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 Latex Caulk Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
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 Latex Caulk Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Latex Caulk 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 Latex Caulk Market Size Forecast by Type
11.6.1 Acrylic Latex Caulk
11.6.2 Acrylic Latex Silicone Blend Caulk
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 Latex Caulk Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
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 Latex Caulk Analysis and Forecast
12.1 Introduction
12.2 Latin America Latex Caulk 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 Latex Caulk Market Size Forecast by Type
12.6.1 Acrylic Latex Caulk
12.6.2 Acrylic Latex Silicone Blend Caulk
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 Latex Caulk Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
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) Latex Caulk Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Latex Caulk 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) Latex Caulk Market Size Forecast by Type
13.6.1 Acrylic Latex Caulk
13.6.2 Acrylic Latex Silicone Blend Caulk
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) Latex Caulk Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
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 Latex Caulk Market: Competitive Dashboard
14.2 Global Latex Caulk Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Bostik
14.3.3 Chemence
14.3.4 The Dow Chemical Company
14.3.5 ITW Devcon
14.3.6 Franklin International
14.3.7 H.B. Fuller Company
14.3.8 Konishi
14.3.9 Hernon Manufacturing
14.3.10 Hodgson Sealants (Holdings)
14.3.11 Krafft SLU
14.3.12 Sherwin-Williams
14.3.13 American Sealants
