CHICAGO, July 14, 2023 /PRNewswire/ -- The report "Construction Sealants Market by Resin Type (Silicone, Polyurethane, Polysulfide), Application (Glazing, Flooring & Joining, Sanitary & Kitchen), End-use Industry (Residential, Commercial, Industrial, Infrastructural), and Region - Global Forecast to 2028", is projected to grow from USD 4.7 billion in 2023 to USD 5.7 billion in 2028 at a CAGR of 3.6%. The growth of the global construction sealants market is primarily driven by the increasing usage of silicone, hybrid, and polyurethane sealants. Polyurethane has made significant contributions to sealant bonding technology, making several different feedstock materials available for manufacturing sealants that exhibit a broad spectrum of performance characteristics.
Browse in-depth TOC on "Construction Sealants Market"
113 – Tables
41 – Figures
183 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=104100934
Polyurethane is the fastest-growing resin type segment of the overall construction sealants market.
Polyurethane sealants are polymers that contain urethane linkages in the molecular backbone, regardless of the chemical composition of the rest of the chain. Thus, a urethane sealant can be based on a wide range of polymers, given that they can be reacted to form a urethane linkage. These polymers may comprise different aliphatic and aromatic hydrocarbons, esters, ethers, amides, urea, and allophanate groups. This, in turn, results in the availability of a very wide range of raw materials for different formulations.
Glazing is the fastest application segment in the construction sealants market during the forecast period.
Glazing is the fastest application segment in the construction sealants market. There is increasing demand for sealants that provide flexibility and resist cracks under extreme weather conditions in hospitals, houses, public buildings, schools, and entertainment parks. Polyurethane sealants are used for installing, assembling, and repairing glass. They can be either used for structural glazing or conventional glazing, depending upon the requirement of the application.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=104100934
Asia Pacific is the largest construction sealants market during the forecast period.
Asia Pacific accounts for the largest share of the construction sealants market globally. Factors such as rapidly growing construction activities and an increasing and huge addressable population base are driving the construction sealants market in the Asia Pacific region. China has been the driving force behind the rapid expansion of the construction sealants market in the Asia Pacific region and across the globe.
Key Market Players
The key players operating in the market are 3M (US), Arkema (France), Sika AG (Switzerland), Henkel AG & Co. KGaA (Germany), and H.B. Fuller (US).
Browse Adjacent Market: Coatings Adhesives Sealants and Elastomers Market Research Reports & Consulting
Related Reports:
Adhesive & Sealants Market - Global Forecast to 2028
Polyurethane Sealants Market - Global Forecast to 2027
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/construction-sealants-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/construction-sealants.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/construction-sealants-market-worth-5-7-billion-by-2028--exclusive-report-by-marketsandmarkets-301877348.html
Voltar noticias em Inglês