TOKYO, Jul 7, 2022 (Global Newswire) — Facts and Factors has published a report in its research titled Building Sealant Market – Global Industry Information, Growth, Size, Share, Benchmarking, Trends and Forecast 2022-2028 ., new research reports.
“According to the latest research, the global building sealants market size and revenue share was US$8,235.10 million in 2021 and is expected to reach approximately US$11,280.48 million by 2028 at a CAGR over the forecast period. 2022–2028 growth rate (CAGR) of approximately 5.40 percent.”
Construction sealants are used in a wide variety of applications including glazing, flooring and seams, as well as sanitary and culinary applications. These applications are on the rise, contributing to the expansion of the building sealant market. The market for architectural sealants is growing due to the increasing use of sealants in new applications in the construction industry such as ducting, anchoring and structural glazing. Architectural sealants are used in window frames, bathrooms and kitchens, movement joints, floor systems, walls and panels. They can withstand stretching and prevent tearing as atmospheric conditions change.
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Population growth, urbanization and rising incomes are all driving demand for permanent housing outside the slums in developing countries. A significant increase in the number of residential buildings in these countries stimulates the development of the building sealant industry. With the growing trend towards the use of environmentally friendly or environmentally friendly products in many applications, there is also an increasing demand for environmentally friendly or low VOC sealants. The industry has significant growth prospects as the industry moves towards a more sustainable supply of products. Greener and more sustainable sealants have great growth potential due to the growing trend towards sustainable or green structures in the construction market.
Browse the complete Building Sealants by Resin Type (Silicone, Polyurethane, Polysulfide, Plastisol, Emulsion, Butyl Rubber, Other), Application (Glass, Flooring & Joints, Plumbing & Kitchen, Other), Industry End-Use Market (Residential). , Industrial, Commercial), By Technology (Water Based, Solvent Based, Reactive, Other), By Function (Adhesive, Protection, Insulation, Acoustic Isolation, Cabling) and Region – Global Industry Information, Growth, Size, Report “Share, Benchmarking, Trends and Forecast 2022-2028″ at https://www.fnfresearch.com/construction-sealants-market
The global building sealant market is expected to slow down as the construction industry has been hit hard by the COVID-19 pandemic in 2020-2021. The pandemic has affected labor and material costs, as well as other important cost elements of construction projects. Production has slowed in countries like China and Italy, leading to a sharp decline in the production of everything from steel to cement. Contractors who rely on Chinese goods and materials may face higher fees, shortages of building materials and delays in project completion. As a result, prices will rise and many projects will be cancelled.
The full study explores both qualitative and quantitative aspects of the building sealants market. The sides of supply and demand in the market are investigated.
The global building sealants market is segmented by resin type, application, end use industry, technology and function.
Depending on the type of resin, silicone construction sealants are expected to lead the construction sealants market during the forecast period. Silicone sealants are commonly used in the construction of windows, bathrooms and kitchens. The growing use of silicone sealants in expansion joints for joining dissimilar materials is driving their market. These sealants provide weather protection for high-rise buildings and provide flexibility for airport runways and highways as they remain flexible and do not crack in hot weather and become brittle and crack in cold weather.
The glass segment is expected to grow at the fastest rate during the forecast period, depending on the application. The market for glass building sealants is the fastest growing in the world due to continuous investment in infrastructure development, growing urbanization and rising living standards in developing countries. The market for architectural glass sealants is driven by the development of the residential sector, continued urbanization, rising income levels and favorable government regulation.
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The Asia-Pacific region dominates the building sealants market with growing infrastructure and housing developments in developing countries such as China and India. Moreover, improving economic conditions will boost demand for building sealants in the region. Foreign investment due to the growing demand for infrastructure development and bio-based sealants, cheap labor and availability of raw materials, government initiatives to improve production and accelerate the construction of end industries such as steel mills, helicopter factories and oil refineries, etc. d.
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Building Composites Market By Fiber Type (Fiberglass, Carbon Fiber, Others), Resin Type (Vinyl Paste, Epoxy, Others), Product Type (Textile/Fabric, Sheet, Rebar, Mesh, Adhesive), Application (Residential, Commercial, Bridges , Silo chimneys, oil and gas pipelines, water facilities, industrial facilities, etc.) and by region – global and regional industry overview, market information, comprehensive analysis, historical data and forecast for 2022-2022 for 2028 .
Silicone adhesives and sealants market by type (single-component, UV-curable and two-component), components (alkoxy silicones, amino silicones, acetic silicones and oxyminic silicones) and end use (construction, packaging, automotive, marine and aerospace). , Healthcare, Electrical & Electronics: Global Industry Perspective, Comprehensive Analysis and Forecast 2018-2027
Construction Chemicals Market by Product (Concrete Admixtures, Concrete Adhesives, and Concrete Sealants) and End User (Non-Residential, Infrastructure and Residential): Global Industry Overview, Market Size, Business Intelligence, Consumer Preferences, Statistical Review, Comprehensive analysis, historical development 2020-2026, current trend and forecast
Emulsion Polymers Market by Products (Vinyl Acetate Resins, Styrene Butadiene Latex, Acrylic Resins and others), Applications (Adhesives, Paper and Cardboard Coatings, Paints and Coatings and Others) and Regions – Global and Regional Industry Trends, Competitive Intelligence, Analysis Data , Statistics and forecasts 2022-2028
Bitumen Market by Product Type (Paving Grade, Hard Grade, Oxidized Grade, Emulsified Bitumen, Polymer Modified Bitumen, Other Product Type).By Application (Road Construction, Waterproofing, Adhesives, Other) and Region – Global and Regional Industry Overview , market information, comprehensive analysis, historical data and forecast for 2022-2028.
Modular Structures Market By Type (Permanent Modular Structures (PMC) and Removable Modular Structures (RMC)), By Applications (Commercial, Medical, Educational & Institutional, Hospitality, etc.), By Region – Global and Regional Industry Perspective, Comprehensive analysis, and Forecast 2021-2026
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Post time: Apr-03-2023
