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Construction Sealants Market Size

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

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Construction Sealants Market Size

The global construction sealants market size was valued at USD 8.1 billion in 2023 and is estimated to grow at a CAGR of over 7.5% from 2024 to 2032. The market is growing due to increased demand for eco-friendly materials.

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This trend reflects rising environmental awareness and efforts to reduce construction's carbon footprint. Builders now favor sealants that meet green standards like LEED, with low VOCs and no harmful chemicals. These products ensure safety and minimize environmental impact.

Construction Sealants Market Report Attributes
Report Attribute	Details
Base Year:	2024
Construction Sealants Market Size in 2024:	USD 8.1 Billion
Forecast Period:	2025 – 2034
Forecast Period 2025 – 2034 CAGR:	7.5%
2025 – 2034 Value Projection:	USD 15.5 Billion
Historical Data for:	2021 – 2024
No. of Pages:	230
Tables, Charts & Figures:	83
Segments covered:	By Product Type, Application, End Use, Distribution Channel, Region
Growth Drivers:	Rising demand for green and sustainable construction materials Expanding infrastructure projects in emerging economies Technological advancements in sealant formulations
Pitfalls & Challenges:	Fluctuations in raw material prices Stringent regulatory compliance and environmental concerns

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Additionally, Sustainable materials have become a competitive edge in construction. Governments support this shift through incentives and regulations. As the industry targets net-zero carbon, energy-efficient sealants are gaining popularity. There's also a growing demand for transparency in material sourcing and environmental impact. Sealants with sustainability certifications, such as EPDs or ISO compliance, are increasingly sought after. This change shows a broader move towards responsible construction that values environmental care without compromising on quality.

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.