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Construction Sealants Market Share

Report ID: GMI2249
Published Date: Dec 2024
Report Format: PDF

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Construction Sealants Market Share

The market is fragmented, with prominent players holding a market share of 5%-10% of the total market share. In the industry, companies are increasingly focused on innovation, sustainability, and strategic partnerships to meet growing demand and regulatory challenges. Manufacturers are investing heavily in research and development to create advanced sealant products, such as low-VOC formulations and self-healing sealants, which not only comply with environmental regulations but also improve performance in extreme conditions.

Construction Sealants Market Companies

Major players operating in the construction sealants industry include:

3M Company
Arkema S.A.
Avery Dennison Corporation
BASF SE
Bostik (an Arkema subsidiary)
Dow Inc.
H.B. Fuller Company
Henkel AG & Co. KGaA
Huntsman Corporation
ITW Polymers Sealants
MAPEI S.p.A.
Momentive Performance Materials Inc.
RPM International Inc.
Sika AG
Wacker Chemie AG

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global construction sealants industry was valued at USD 8.1 billion in 2023 and is estimated to grow at a 7.5% CAGR from 2024 to 2032, driven by increased demand for eco-friendly materials.

The silicone-based sealants segment generated around USD 3.4 billion in 2023 and is expected to grow at a 7.7% CAGR during the forecast period due to their durability and weather resistance.

The U.S. construction sealants market was valued at approximately USD 1.5 billion in 2023 and is projected to grow at a 7.7% CAGR, driven by infrastructure development, urbanization, and sustainable building practices.

Key players in the industry include 3M Company, Arkema S.A., Avery Dennison Corporation, BASF SE, Bostik (a subsidiary of Arkema), Dow Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman Corporation, ITW Polymers Sealants, MAPEI S.p.A., Momentive Performance Materials Inc., and RPM International Inc.