Pune, India, Aug. 17, 2021 (GLOBE NEWSWIRE) -- According to expert analysts, global building envelope adhesives & sealants market size was worth USD 4.6 billion in 2020 and is estimated to record 4.3% CAGR over 2021-2027 to reach a valuation of USD 6.18 billion by the forecast period end.
Furthermore, the research document curates detailed data on the market segmentations, including adhesive resin, sealant resin, technology gamut, and regional divisions. A complete analysis of each of these segments with respect to the market share, growth pattern, and projected growth rate contribute to a major part of the study. Besides, it profiles all prominent companies and breaks down their strategies to pinpoint the major areas stakeholders should focus on for strong gains in the upcoming years.
Report findings state that surging demand for adhesives & sealants in the construction industry owing to several end-uses in avenues such as tile installation, carpet laying, and window framing is bolstering overall market growth.
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Increase in development of green buildings, and growing demand for sustainable adhesives are also creating a positive outlook for the industry. On the downside, implementation of stringent environmental regulations across certain regions is likely to slow down the market growth trajectory in the upcoming years.
Market segmentation overview:
Based on technology gamut, global building envelope adhesives & sealants industry is arrayed into solvent-less, water based, solvent-based variants. Moving on to adhesive resin type, the market classification comprises polyurethane, acrylic, epoxy, rubber, and others. Lastly, considering sealant resin type, the business vertical is split into acrylic, polyurethane, silane modified polymer (SMP), silicone, and others.
Geographical outlook:
From a regional frame of reference, the research report deems Europe, North America, Asia Pacific, and Latin America to be the key contributors to overall market valuation. Among these, Asia Pacific currently accounts for a major industry share and is estimated to record a remarkable CAGR over the next 6 years. This can be primarily ascribed to fast-paced developments in the construction industry, and easy availability of cheap labor and raw materials throughout the region.
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Competitive landscape summary:
Prominent players in worldwide building envelope adhesives & sealants market include Sika AG, Soudal Group, Tremco Illbruck GmbH, and others.
These companies are employing several strategies such as partnerships, acquisitions, and mergers to expand their footprint in the industry. For instance, in 2020, Sika AG acquired Adeplast SA in order to grow its manufacturing capacity in Romania and elevate its foothold in the region's construction chemical market.
Global Building Envelope Adhesives & Sealants Market, By Technology Gamut (Revenue, USD Million, 2018-2027)
- Solvent-less
- Water-based
- Solvent-based
Global Building Envelope Adhesives & Sealants Market, By Adhesive Resin Type (Revenue, USD Million, 2018-2027)
- Polyurethane
- Acrylic
- Epoxy
- Rubber
- Others
Global Building Envelope Adhesives & Sealants Market, By Sealant Resin Type (Revenue, USD Million, 2018-2027)
- Acrylic
- Polyurethane
- Silane Modified Polymer (SMP)
- Silicone
- Others
Global Building Envelope Adhesives & Sealants Market, By Geographical Scope (Revenue, USD Million, 2018-2027)
North America
- U.S.
- Canada
Latin America
- Mexico
- Brazil
Europe
- U.K.
- Italy
- France
- Germany
- Spain
- ROE
Asia Pacific
- China
- South Korea
- India
- Australia
- Japan
- RoAPAC
Rest of the World
Global Building Envelope Adhesives & Sealants Market, Competitive Dashboard (Revenue, USD Million, 2018-2027)
- Soudal Group
- Sika AG
- Tremco Illbruck GmbH
- Dow Chemical Company
- H.B. Fuller Company
- Innovative Chemical Products Group (ICP Group)
- 3M Company
- Mapei S.p.A.
- Arkema S.A.
- Henkel AG & Co. KGaA
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)
1.2.1. Building Envelope Adhesives & Sealants Market, by Region, 2019-2027 (USD Million)
1.2.2. Building Envelope Adhesives & Sealants Market, by Technology, 2019-2027 (USD Million)
1.2.3. Building Envelope Adhesives & Sealants Market, by Adhesive Resin, 2019-2027 (USD Million)
1.2.4. Building Envelope Adhesives & Sealants Market, by Sealant Resin, 2019-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Building Envelope Adhesives & Sealants Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Building Envelope Adhesives & Sealants Market Dynamics
3.1. Building Envelope Adhesives & Sealants Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Growth of construction industry
3.1.1.2. Development of green buildings
3.1.2. Market Challenges
3.1.2.1. Environmental regulation in some regions
3.1.3. Market Opportunities
3.1.3.1. Growing demand for sustainable adhesives
Chapter 4. Global Building Envelope Adhesives & Sealants Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Building Envelope Adhesives & Sealants Market, by Technology
5.1. Market Snapshot
5.2. Global Building Envelope Adhesives & Sealants Market by Technology, Performance - Potential Analysis
5.3. Global Building Envelope Adhesives & Sealants Market Estimates & Forecasts by Technology 2018-2027 (USD Million)
5.4. Building Envelope Adhesives & Sealants Market, Sub Segment Analysis
5.4.1. Solvent-less
5.4.2. Solvent-based
5.4.3. Water based
Chapter 6. Global Building Envelope Adhesives & Sealants Market, by Adhesive Resin
6.1. Market Snapshot
6.2. Global Building Envelope Adhesives & Sealants Market by Adhesive Resin, Performance - Potential Analysis
6.3. Global Building Envelope Adhesives & Sealants Market Estimates & Forecasts by Adhesive Resin 2018-2027 (USD Million)
6.4. Building Envelope Adhesives & Sealants Market, Sub Segment Analysis
6.4.1. Polyurethane
6.4.2. Epoxy
6.4.3. Acrylic
6.4.4. Rubber
6.4.5. Others
Chapter 7. Global Building Envelope Adhesives & Sealants Market, by Sealant Resin
7.1. Market Snapshot
7.2. Global Building Envelope Adhesives & Sealants Market by Sealant Resin, Performance - Potential Analysis
7.3. Global Building Envelope Adhesives & Sealants Market Estimates & Forecasts by Sealant Resin 2018-2027 (USD Million)
7.4. Building Envelope Adhesives & Sealants Market, Sub Segment Analysis
7.4.1. Polyurethane
7.4.2. Silicone
7.4.3. Acrylic
7.4.4. Silane Modified Polymer (SMP)
7.4.5. Others
Chapter 8. Global Building Envelope Adhesives & Sealants Market, Regional Analysis
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