The modern-day document posted via Report Ocean, titled “Construction Adhesives and Sealants Chemical Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
The global construction adhesives & sealants chemical market is expected to reach $12,844 million by 2023, from $7,131 million in 2016, growing at a CAGR of 8.8% from 2016 to 2023. Adhesive is a chemical mixture, which holds at least two surfaces together to form a single unit. Sealant is a semisolid substance, which is used to fill the space between the two surfaces, thereby providing a barrier or protective coating. Adhesives have high shear and tensile strength and are used for holding and bonding applications. Sealants are used for their ability to fill gaps, and resist relative movement of the substrates. They are more flexible, but have lower strength than adhesives.
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Rapid infrastructure development in emerging economies is a key factor that fuels the growth of the adhesives & sealants construction chemical market. In addition, expansion of production facilities in India and China to cater to the surging demands of adhesives & sealants is expected to drive the market growth. Growth in population in these countries is boosts the demand for housing and commercial infrastructure, which in turn is projected to supplement the market. However, volatility in the prices of raw material and regulatory intervention from the environment bodies & federal agencies are anticipated to hamper the growth of market during the forecast period. Stringent regulations have promoted R&D activities to develop bio-based adhesives & sealants with reduced carbon footprints, which is expected to provide growth opportunities for key players operating in the market.
The global construction adhesives & sealants chemical market is segmented based on adhesives type, sealant type, application, and geography. On the basis of adhesives type, the market is divided into water-based, solvent-based, hot melt, pressure-sensitive, and others (reactive and formaldehyde adhesives). Sealants are classified into acrylic, silicone, polyurethane, butyl, and others (polysulfide, latex, and silyl-modified polymers sealants). Applications covered in the study include residential, commercial, infrastructure, and repair structures. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019.
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An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014. The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
KEY BENEFITS FOR STAKEHOLDERS
This report provides an extensive analysis of the current & emerging market trends and dynamics in global adhesives & sealants market
In-depth analysis is done by constructing market estimations for the key segments between 2015 and 2023
Competitive landscaping and value chain are considered in the study to understand the market scenario across the geographies
Region-wise and country-wise global adhesives & sealants market dynamics are comprehensively analyzed in the report
Exhaustive analysis of global adhesives & sealants market by type helps in understanding various types of adhesives & sealants material that are currently being used along with the variants that would gain prominence in the future
Porter’s Five Forces analysis highlights the potency of buyers and suppliers participating in this market, which offers a competitive advantage to stakeholders to make profit-oriented business decisions and to help strengthen their supplier & buyer network
This report provides the quantitative analysis of the current market and estimations from 2015 to 2023, which assists to identify the prevailing market opportunities
Major Players Profiled in this Study are
BASF SE
Arkema SA
Ashland Inc.
Fosroc International Limited
Mapie S.p.A.
Pidilite Industries
RPM International Inc.
Sika AG
The Dow Chemical Company
W.R. Grace & Company
OTHER KEY PLAYERS
Henkel AG & Company
H.B. Fuller
Bostik SA
3M Company
Illinois Tool Works Corporation
Avery Dennison Corporation
DAP Products
Royal Adhesives & Sealants, LLC
Franklin International
KEY MARKET SEGMENTS
By Type (Adhesives Market)
Water-Based
Solvent-Based
Hot Melt
Pressure-Sensitive
Others
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By Type (Sealants Market)
Acrylic
Silicone
Polyurethane
Butyl
Others
By Application
Residential
Commercial
Infrastructure
Repair Structures
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Korea
Japan
India
Rest of Asia-Pacific
LAMEA
Brazil
Argentine
UAE
Saudi Arabia
Rest Of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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