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Construction Sealants Market Share

Name: Construction Sealants Market Share | 2024 Industry Statistics
Creator: Global Market Insights
License: https://www.gminsights.com/privacy-policy

Report ID: GMI2249
Published Date: Nov 2017
Report Format: PDF

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Construction Sealants Market Share

Global construction sealants market share is competitive and moderately consolidated with major players operating in the market which include:

H.B. Fuller
Sika AG
3M
Dow Corning
Wacker Chemie
Bostik
Pecora Corporation
Tremco.

Other prominent players present in the market include

Companies are developing technologies to develop sealants from bio based resources with renewable technologies. They are also focusing on diversifying their product range and capacity expansion to widen regional presence.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The overall construction sealants market acquired a revenue share of 4.5 Billion (USD) in 2016.

The registered value for construction sealants market was 4.5 Billion (USD) in 2016.

Strict green building norms and expanding application scope across residential as well as public infrastructure in China and India owing to properties such as adhesion insolubility, corrosion resistance, and low VOC content would drive the demand for construction sealants.

Volatile raw material prices owing to unstable crude oil prices and widescale use across industries such as automotive, electronics, and packaging industries is expected to impede product availability over the coming years.

According to Global Market Insights, Inc., the structural glazing application segment is expected to surpass a $3 billion valuation by 2024 owing to shifting construction trends towards modern architecture with better aesthetics.

The APAC led by Japan, India, and China is creating immense demand for construction sealants owing to the rising infrastructural spending in the region.