Dublin, April 25, 2018 (GLOBE NEWSWIRE) -- The "Global Construction Sealants Market: Focus on Resin Type: Silicones, Polyurethanes, Polysulfides, MS Sealants & Application: Exterior, Interior, Doors & Windows - Analysis & Forecast - 2017-2021" report has been added to ResearchAndMarkets.com's offering.
The market for construction sealants is anticipated to advance at a CAGR of 6.5% and attain value of $10,700.4 million by 2021.
This enormous growth is being anticipated due to the various benefits provided by the construction sealants such as, high durability & strength, increased adhesion to substrates, easy bonding, and safe handling. The demand of construction sealants will majorly be driven by the rising demand of construction sealants in the residential & non-residential buildings, primarily for glazing and paneling, demand from the developing countries, and the BRICS region, and increasing maintenance, and renovation activities in the construction sector.
The various governmental regulations, increasing R&D activities for cost cutting in products such as, MS sealants are expected to generate opportunities for low VOC, and sustainable sealants in this market. Additionally, increasing application areas in the emerging economies such as China, India, and Brazil are expected to be the major cause for the rise in demand of the construction sealants.
Increased globalization, global population, urbanization, and infrastructural developments are leading to a rise in the demand for sealants. For instance, it is estimated that 66% of the buildings that will exist in the country in 2030, are yet to be constructed which is creating an urgent need for construction sealants products.
The growth of this market is driven by certain other factors such as:
- Rising demand of the Construction Sealants in Residential & Non-Residential Buildings, Primarily in Glazing and Paneling
- High Demand from the developing & BRICS Countries
- Increasing Maintenance and Renovation in the Construction Sector
Key Topics Covered:
Executive Summary
1 Report Scope & Methodology
1.1 Report Scope
1.2 Global Construction Sealants Market Research Methodology
2 Market Dynamics
2.1 Drivers
2.1.1 Rising Demand of Construction Sealants in Residential & Non-Residential Buildings, Primarily in Glazing and Panelling
2.1.2 High Demand from Developing & BRICS Countries
2.1.3 Increasing Maintenance and Renovation in the Construction Sector
2.2 Restraints
2.2.1 Volatility in Raw Material Prices
2.2.2 Environmental Regulations in Various Regions
2.3 Opportunities
2.3.1 Environmental Concerns Leading to the Development of Light and Green Buildings
2.3.2 Growing Demand for Greener & Sustainable Sealants
3 Competitive Insights
3.1 Key Market Developments & Strategies
3.1.1 New Product Launches and Developments
3.1.2 Business Expansions
3.1.3 Partnerships and Agreements
3.1.4 Mergers & Acquisitions
3.1.5 Others
3.2 Industry Attractiveness
3.2.1 Threat of New Entrants
3.2.2 Threat of Substitutes
3.2.3 Bargaining Power of Buyers
3.2.4 Bargaining Power of Suppliers
3.2.5 Intensity of Competitive Rivalry
4 Industry Analysis
4.1 Supply Chain Analysis
4.2 Opportunity Matrix
4.3 Country Share Analysis
4.4 Market Share Analysis
4.4.1 Market Share Analysis of Global Construction Sealants Market
4.4.2 Market Share Analysis of Silicone Based Construction Sealants Market
4.4.3 Competitive Analysis of Glazing Construction Sealants Market
5 Global Construction Sealant Market by Type, Value ($Million) & Volume (Kilo Tons)
5.1 Assumptions for Analysis and Forecast of the Global Construction Sealant Market
5.2 Limitations for Analysis and Forecast of the Global Construction Sealant Market
5.3 Market Overview
5.4 Silicones
5.5 Polyurethanes
5.6 Polysulfides
5.7 MS Sealants
5.8 Others
6 Global Construction Sealant Market by Application, Value ($Million) & Volume (Kilo Tons)
6.1 Exterior Applications
6.1.1 Glazing (Glass)
6.1.2 Stone (Concrete)
6.1.3 Metals
6.1.4 Others
6.2 Interior
6.2.1 Flooring & Joining
6.2.2 Kitchen & Sanitary
6.2.3 Others
6.3 Doors & Windows
7 Global Construction Sealant Market by Region, Value ($Million) & Volume (Kilo Tons)
8 Company Profiles
- 3M
- AkzoNobel
- Arkema (Bostik)
- BASF SE
- E.I. Du Pont de Nemours and Company
- Evonik Industries
- General Electrik/Momentive Performance
- H.B. Fuller
- Henkel
- Sika
- The Dow Chemical Company
- The KCC Corporation
- The Sherwin-Williams Company
- Wacker Chemie
For more information about this report visit https://www.researchandmarkets.com/research/ptf296/global?w=12