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| Market size in 2024 | US$ 7.85 billion |
Forecast Market size by 2030 | US$ 10.63 billion |
|---|---|---|---|
| Growth Rate | CAGR of 5.2% | Number of Pages | 139 Pages |
The global Building and Construction Sealant market size was valued at US$ 7.85 billion in 2024 and is projected to reach US$ 10.63 billion by 2030, at a CAGR of 5.2% during the forecast period 2024-2030.
The United States Building and Construction Sealant market size was valued at US$ 1.87 billion in 2024 and is projected to reach US$ 2.42 billion by 2030, at a CAGR of 4.4% during the forecast period 2024-2030.
Building and Construction Sealants are materials used to fill gaps and joints in buildings and other structures, providing protection against moisture, air, dust, and noise infiltration while allowing for structural movement.
The global Building and Construction Sealant market is experiencing steady growth, driven by increasing construction activities in developing regions, renovation and retrofit projects in mature markets, and growing awareness of energy efficiency in buildings. In 2023, global consumption of construction sealants reached approximately 2.1 million metric tons, with Asia-Pacific accounting for 45% of demand. The residential construction sector remains the largest consumer, representing 50% of demand, followed by commercial buildings at 30% and infrastructure projects at 15%. The market saw a boost from the post-pandemic recovery in construction activities, leading to a 8% increase in sealant consumption in new residential projects in 2023. Technological advancements have focused on improving durability, adhesion, and environmental friendliness, with new formulations offering up to 50 years of service life and 30% lower VOC emissions compared to traditional sealants. The market is witnessing strong growth in hybrid sealants, particularly silyl-modified polymers (SMP), increasing at 10% annually due to their combination of performance and eco-friendliness. In 2023, stricter energy efficiency regulations in major markets led to a 15% increase in the adoption of high-performance insulating sealants in building envelopes. The industry faces challenges from raw material price volatility, but ongoing innovations in bio-based and recycled content sealants are helping to address sustainability concerns. Emerging applications in modular and prefabricated construction are showing promise, with specialized fast-curing sealants for off-site construction growing at 12% CAGR, albeit from a small base of 3% market share. Looking ahead, the market is expected to benefit from the development of smart, self-healing sealants, with materials capable of autonomous crack repair projected to grow at 20% CAGR through 2030. The integration of nanotechnology in sealant formulations is also a key trend, enhancing properties such as UV resistance, thermal insulation, and antimicrobial capabilities.
Report Overview
This report provides a deep insight into the global Building and Construction Sealant market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Building and Construction Sealant Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Building and Construction Sealant market in any manner.
Global Building and Construction Sealant Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Henkel
Arkema
H.B. FULLER
3M
Hexion
DOW CORNING CORP
ROYAL ADHESIVES & SEALANTS
Eastman Chemical
Mapei S.p.A.
RPM International
Mactac
Illinois Tool Works (ITW)
Ashland
Huntsman
SIKA AG
GARDNER-GIBSON
Market Segmentation (by Type)
Silicone
Polyurethane
Plastisol
Emulsion
Polysulfide
Butyl-based
Market Segmentation (by Application)
Residential
Industrial
Commercial
Geographic Segmentation
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Building and Construction Sealant Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 7.85 billion |
| Forecast Market size by 2030 | US$ 10.63 billion |
| Growth Rate | CAGR of 5.2% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 139 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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