Product Overview Sealant is a material that blocks the passage of fluids and other substances through the surface. In construction, sealants are commonly known as caulking and are used to close openings between spaces that are small for other substances including timber, mortar, and concrete to be used.
New York, June 13, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Construction Sealants Market By Resin Type ; By Technology ; By Function ; By Application ; By End Users ; and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030” – https://www.reportlinker.com/p06191786/?utm_source=GNW
Construction sealants also block the passage of air, dust, and insects and act as a fire-stopping component. Construction sealants provide protection from environmental risks, leakage, and seepage as well as offer better performance and greater durability. Various types of sealants are available based on their characteristics – they can be strong or weak, temporary or permanent, and flexible or rigid. Construction sealants offer reliable, flexible, and waterproof joints for a wide range of applications such as glazing, roofing, and flooring.
Global Construction Sealants market is expected to project a notable CAGR of 5.95% in 2030.
Global Construction Sealants Market to surpass USD 16.22 billion by 2030 from USD 9.1 billion in 2020 at a CAGR of 5.95% in the coming years, i.e., 2021-30. The rising construction of residential and commercial buildings and the increasing demand for glazing and panels in new high-rise buildings are driving the demand for construction sealants. Furthermore, construction sealants provide safety and ease of application due to which their demand is anticipated to fuel in the coming years. Environmental concerns which are leading to the development of light and green buildings are expected to boost the global construction sealants market.
Recent Highlights in Global Construction Sealants Market
In August 2017 Sika acquired ABC Sealants, a Turkey-based manufacturer of sealants & adhesives. This acquisition will strengthen Sika’s market position in Turkey and further establish Sika as inclusive supplier of solutions for interior finishing applications
In January 2017, H.B. Fuller acquired the industrial adhesives business of Wisdom Adhesives Worldwide, a provider of adhesives for the packaging, paper converting, and assembly markets. The acquisition will strengthen H.B. Fuller’s position in the Americas adhesives business
Global Construction Sealants Market: Segments
Silicone segment to grow with the highest CAGR during 2021-30
Global Construction Sealants market is segmented by Resin type into Silicone, Polyurethane, Polysulfide, and others. Silicone segment held the largest market share of XX.X% in the year 2020. Silicone sealants are commonly used for glazing, kitchen, and bathroom applications. Silicone sealants are popular for effective sealing as well as weatherproofing joints of structural components. These sealants are pliable and do not crack in warm weather or become stiff in cold weather due to which their demand is boosting.
Glazing Segment to grow with the highest CAGR during 2021-30
Global Construction Sealants market is distributed by application into Glazing, Weatherproofing, Flooring & Joining, Sanitary & Kitchen and Others. Glazing Segment held the largest market share of XX.X% in the year 2020 owing to increasing investment in infrastructure development and rising standard of living of consumers. Additionally, the shift towards modern construction coupled with better aesthetics has increased the use of glazing in buildings which is anticipated to grow the construction sealants market.
Increasing Construction of Residential and Commercial Buildings
Substantial growth in the construction of residential and commercial buildings is mounting the demand for construction sealants. Commercial projects include the construction of malls, apartments, shopping complexes, and centers which have further surge the demand for construction sealants. Construction sealants are used in glazing, flooring & joining, and sanitary & kitchen. They are used for glazing due to their long-lasting bond and rapid adhesion properties. The extensive utilization of sealants in newer applications such as anchoring application, ductwork, and structural glazing in the construction industry is boosting the construction sealants market.
Rising Maintenance and Renovation Activities
Rising disposable income coupled with increasing living standards of consumers has led to an increase in renovation and maintenance projects which are projected to drive the construction sealants market. Construction sealants are used to fill a gap between two or more substrates and form a barrier through which other materials cannot pass. They prevent building structures from air and heat thus enhancing structural strength and durability.
Stringent environmental protocols regarding the production of chemical and petro- based products are estimated to hamper the global construction sealants market. Construction sealants are toxic and impact the environment which may challenge the product penetration and hinder the market growth.
Global Construction Sealants Market: Key Players
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, and SWOT Analysis.
H.B. Fuller Company
Cytec Solvay Group
General Electric Company
PPG Industries, Inc.
Master Bond Inc.
DAP Products Inc
Other Prominent Players
Global Construction Sealants Market: Regions
Global Construction Sealants market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.
Global Construction Sealants market in Asia Pacific held the largest market share of XX.X% in the year 2020. Asia Pacific will continue to dominate the global Construction Sealants market due to the rising demand for Construction Sealants in residential and commercial construction activities in this region. Additionally, increasing population and industrialization in Asia Pacific have fueled the demand for Construction Sealants. Availability of financial assistance supported by huge investments in infrastructure projects is expected to have a positive influence on the construction sealants market.
Global Construction Sealants market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Construction Sealants market report also contains analysis on:
Construction Sealants market Segments:
By Resin Type
Flooring & Joining
Sanitary & Kitchen
Global Construction Sealants Market Dynamics
Global Construction Sealants market size
Supply & Demand
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Read the full report: https://www.reportlinker.com/p06191786/?utm_source=GNW
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
American depositary receipts of Nio Inc. jumped more than 16% Tuesday after the Chinese EV maker teased a "new model" in a countdown on its website. The ADRs are on pace for their largest percent increase since March 16, when they rallied nearly 26%, and poised to snap a three-day losing streak. Nio earlier this month said it delivered 7,024 vehicles in May, including 5,317 premium electric SUVs of different sizes and configurations and 1,707 ET7s, the company's newer electric sedan. It said the
It’s official: after this past Monday’s trading, the S&P 500 has joined the NASDAQ in a bear market. The index has fallen more than 21% year-to-date, not as deep a loss as the NASDAQ’s 31% but still enough to give investors indigestion. It also brings up a vital question: how to maintain the portfolio in a difficult stock environment? Enter Jim Cramer. The well-known host of CNBC’s ‘Mad Money’ program has never been at a loss for advice to give, and he’s come through once again. His word for sto
Shares of New Oriental Education & Technology Group (NYSE: EDU), TAL Education Group (NYSE: TAL), and Gaotu Techedu (NYSE: GOTU) — all for-profit Chinese education stocks — were rising today, likely for two reasons. First, an analyst's positive note for New Oriental sent shares higher yesterday and likely helped it continue climbing today, while helping its rivals' stocks jump as well. Second, recent reports have highlighted that for-profit education companies, including New Oriental, have begun incorporating e-commerce sales on their technology platforms in an effort to stay afloat after the Chinese government cracked down on the for-profit education sector.
Yahoo Finance’s Ines Ferré joins the Live show to discuss how stocks are performing in intraday trading.
Buffett swapped out Wells Fargo and Goldman Sachs for a beaten-down bank.
"We believe it's in the best strategic interest of the company to make this move," said CEO Jim Umpleby.
Oil futures gave up early gains to finish with a loss on Tuesday, pressured after Bloomberg reported that a U.S. senator may propose a plan to impose a federal surtax on certain oil companies in a move to curb inflation. Natural-gas prices, meanwhile, settled at their lowest in five weeks as full repairs to a damaged Freeport LNG terminal isn't expected until later this year. The Freeport LNG news is "a near-term headwind for U.S. natgas prices as it will add an estimated 2.0 [billion cubic feet] of supply to our domestic market until the facility resumes operations at full strength later in the year," said Tyler Richey, co-editor at Sevens Report Research.
Our call of the day from Adam Kobeissi says three factors will spell the next bottom, and markets haven't seen any of them yet.
Investors are running out of superlatives to describe how ugly the S&P 500 crash is. But 11 major stocks are now trading for less than $4.
Caterpillar Inc. will move its headquarters to near Dallas-Forth Worth, in another blow to the Chicago area, which last month lost the Boeing headquarters.
In this article, we discuss the 10 stocks billionaire Mario Gabelli is dumping in 2022. If you want to skip our detailed analysis of Gabelli’s investment philosophy, hedge fund returns, and history, go directly to Billionaire Mario Gabelli is Dumping These 5 Stocks in 2022. Billionaire investor, financial analyst, and investment advisor Mario Gabelli is […]
The company reached an agreement with activist investor DE Shaw to focus more on shareholder returns.
Bitcoin prices are moving to their lowest levels since 2020. Economist Adam Schiff, one of the biggest critics of bitcoin and cryptocurrencies, predicts that the most popular digital currency will drop at least as low as $20,000. Bitcoin alone represents a bit more than 45% of the crypto market, according to data firm CoinGecko.
Edward Thorp is an investing and mathematical legend — from spotting Bernie Madoff’s fraud as well as identifying Warren Buffett’s investing acumen early, to coming up with blackjack game theory. It was a sobering if measured reply — the inductee to the Blackjack Hall of Fame said he was reading about what’s going on with American society. “You could have the choices I just described — a devolution, evolution or revolution,” Thorp said.
(Bloomberg) — FedEx Corp.’s shares soared the most in almost 36 years after the courier hiked its dividend and announced board changes in coordination with activist investor D.E. Shaw & Co., a bold shakeup just two weeks into the tenure of new Chief Executive Officer Raj Subramaniam.Most Read from BloombergChina Alarms US With Private Warnings to Avoid Taiwan StraitStocks’ Pandemic Bull Run Ends With Recession Fear: Markets WrapStocks Set for Longest Losing Streak Since January: Markets WrapWHO
Rivian and other EV starts-ups are struggling with various challenges as they try to carve out a piece of the market.
The Dow Jones fell as the latest Fed meeting kicked off. Elon Musk is to make a Twitter move. Apple stock popped amid an MLS deal.
The week has started off rough for cryptocurrencies, with bitcoin tumbling and troubles for some cryptocurrency platforms as U.S. inflation rattles investors.
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the…
Things will probably get worse before they get better. But in the past, the S&P 500 rose 17% on average in the year after a bear market.