Construction sealants offers extra flexibility, waterproofing, and reliability to the commercial and residential infrastructure. These sealants are highly used in a wide range of applications includes bathroom sealant, waterproofing, roof sealant, window sealant, fireproofing, and door sealant. In addition, it covers construction projects ranging from small domestic renovations to the giant river-spanning bridges and skyscrapers. Growth in residential renovation and remodeling projects along with huge investments in this sector mainly in China & India should contribute towards construction sealants market size.According to AMA, the market for Construction Sealants is expected to register a CAGR of 5.31% during the forecast period to 2024. This growth is primarily driven by Increased Demand for Construction Sealants in Residential Housing and Infrastructure Sectors and Construction Sealants Bonding Provides Safety and Ease of Application.
Globally, a noticeable market trend is evident Increasing Demand From Glazing and Panels in New High-Rise Buildings. Major Vendors, such as 3M (United States), Bostik (France), Sika (Switzerland), H.B. Fuller (United States), Henkel (Germany), BASF (Germany), Dow (United States), Wacker (Germany), General Electric (United States), MAPEI (Italy), Asian Paints (India), ITW (United States), Soudal (Belgium), Konishi (Japan), DAP Products (United States), Pidilite (India), KCC (Korea), Yokohama Rubber (Japan), Franklin (United States), Selena (Poland) and Kömmerling (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Increased Demand for Construction Sealants in Residential Housing and Infrastructure Sectors
- Construction Sealants Bonding Provides Safety and Ease of Application
- Increasing Demand From Glazing and Panels in New High-Rise Buildings
- Environmental Regulations in both Developing and Developed Economies Regarding Volatile Organic Compounds
Growing Demand for Low Voc, Green & Sustainable Sealants and Rising Urbanization and Growing Government Initiatives in Developing Economies
Shifting Rules and Changing Standards
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