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Construction Sealants Market to See Huge Growth by 2027

Post Time:Oct 26,2021Classify:Industry NewsView:941

The global construction sealants market is projected to be worth USD 12.32 Billion by 2027, according to a current analysis by Emergen Research. The construction sealant market is observing high demand attributed to the growing demand in residential buildings. The growing popularity and deployment of various cladding styles on residential buildings drive construction sealants’ demand to deliver air and weatherproofing while accommodating for any movement or stresses that the buildings may be subjected to post-construction. Sealants improve the durability of repaired joints and provide an effective means to augment the building’s overall sustainability without substituting existing construction materials.


Our team has leveraged analytical tools like Porter’s Five Forces Analysis and SWOT Analysis to discern vital information about the leading market regions’ competitive scenario. Additionally, the report explains the latest global economic landscape scenario with respect to the currently unfolding COVID-19 pandemic. The pandemic has significantly affected millions of lives and markets worldwide. Besides, it has led to massive disruptions in this particular business sphere. The report encompasses the effects of the pandemic on the Construction Sealants market.


Key Highlights From The Report

In September 2019, Sika entered into an agreement for the acquisition of Crevo-Hengxin, a firm involved in the production of silicone adhesives and sealants deployed in construction and industrial applications.

Polysulphide sealants find extensive usage in commercial construction to provide resistance to wet and cold conditions owing to their impermeability.

Europe held the second-largest market share in 2019, attributed to the growth of the construction industry in the region and a rise in the purchasing power of the people.

Key participants include Sika AG, BASF SE, Mapei SPA, The Dow Chemical Company, 3M Company, Henkel AG & Co. KGaA, Wacker Chemie AG, Asian Paints Ltd., HB Fuller, and Bostik SA, among others.

The report categorizes the market into different key segments based on types and applications, along with key regional segmentation. The report offers insights into the segment expected to garner traction during the forecast period, and the region expected to dominate the market in the coming years.


Resin Type Outlook (Revenue, USD Billion; 2017-2027)

Silicone

Polysulfide

Polyurethane

Emulsion

Plastisol

Others

Usage Outlook (Revenue, USD Billion; 2017-2027)

Bonding

Protection

Insulation

Cable Management

Sound Proofing

Product Type Outlook (Revenue, USD Billion; 2017-2027)

Water-Based

Solvent-Based

Reactive

Others

Application Outlook (Revenue, USD Billion; 2017-2027)

Glazing

Flooring & Joining

Sanitary & Kitchen

Others

End Users Outlook (Revenue, USD Billion; 2017-2027)

Residential

Commercial

Industrial

Regional Analysis:


The global Construction Sealants market report broadly considers the market mechanism of both the developing and developed regions of the market. This section provides crucial data and information about the different market regions, a country-wise analysis of the Construction Sealants industry, and an assessment of the market reach and consumer base in the key geographical regions to enable readers to formulate effective business expansion strategies.


Major Geographies Encompassed in the Report:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Source: https://reportedtimes.com/Author: shangyi

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