A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Construction
Sealants Market.
The study, titled “Construction
Sealants Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Sealants
are largely used in the construction industry to provide water
proofing solutions to the built structure. Sealants are often
substituted with the term ‘caulking’ in the construction
industry. In the construction industry, sealants primarily block
dust, sound, heat, and fluid through the openings at the joints.
These are used ubiquitously along with adhesives. However, adhesives
and sealants are two different compounds used to provide shear and
tensile strength and a leak proof barrier, respectively, between
parts/structures. Sealants offer lower strength and higher elongation
property as compared to adhesives. Sealants contain inert filler
material and are usually formulated with an elastomer to give
required flexibility and elongation. These are usually present in
viscous liquid and semi-liquid state that has little or no-flow
characteristics. Insolubility, adhesion, and corrosion resistance are
some of the desirable properties of sealants. These properties make
it an ideal water proofing solution in the construction industry.
Get
PDF Brochure for more Professional and Technical insights :
The
construction sealants market can be categorized based on resin type
into silicone, polyurethane, acrylic, latex, polysulfide, and others.
Utility of different types of sealants varies as per application in
the construction industry. For instance, silicone sealants are
largely used for weather and water resistance due to their high UV
stability and resistance to hydraulic oils, fuels, salt, and cleaning
solvents. Similarly, urethane sealants are used in joints that
typically require abrasion and UV resistance. Several internal and
external factors determine the success of the sealing operation.
Factors such as chemical exposure, weathering, light, oxidation,
moisture, and temperature have an impact on functionalities of
construction sealants.
The
construction sealants market is significantly expanding in the fields
of flooring and expansion jointing for commercial and housing
applications. High growth rate of construction of residential
buildings, especially in emerging economies such as China, India,
Brazil, South Africa, and Russia (BRICS), is driving the construction
sealants market. However, enactment of several environmental
regulations regarding VOC emission is the prime restraining factor
for the construction sealants market. Development of biobased and
anaerobic sealants is expected to provide a significant opportunity
in the construction sealants market.
Asia
Pacific is anticipated to be the fastest growing region in the
construction sealants market in the near future. Increasing
urbanization and formation of smart cities is boosting the demand for
construction sealants in the region. The Middle East and Africa (MEA)
is estimated to exhibit significant growth rate during the forecast
period due to easing government processes for residential mortgaging,
especially in Saudi Arabia and the UAE. Latin America is projected to
witness moderate growth rate during the forecast period. Brazil and
Argentina are likely to drive the construction sealants market in
Latin America due to significant public investments in commercial,
infrastructural, and industrial construction. Europe held a
significant share of the global construction sealants market in 2014.
Austria, Germany, the Netherlands, Russia, and Turkey have been
identified as high growth markets for construction sealants. The
construction sealants market in North America is likely to expand at
a below average growth rate due to maturity of the construction
industry.
Research
and development is an important part of the construction sealants
market. Suppliers, manufacturers, and construction association invest
significantly in product development, support, and technology to meet
the needs of the construction industry. Ongoing trend for light and
green buildings is anticipated to provide growth opportunities to the
construction sealants market. Market leaders are investing
continuously to develop innovative materials to provide practical,
economical, and performance benefits to customers. For instance, on
November 13, 2014, The Dow Chemical Company introduced LIQUIDARMOR -
CM Flashing and Sealant, a liquid flashing solution that provides
advanced moisture and air sealing protection to commercial buildings.
This is an innovative product that can easily substitute flashing
tape in the construction industry.
Browse
Market Research Report with ToC & Analysis :
Several
players operate in the construction sealants market. These include
BASF SE, Henkel AG & Co. KGaA, 3M, H.B. Fuller, The Dow Chemical
Company, Cytec Industries Inc., Master Bond, General Electric, Sika
AG, and PPG Industries, Inc.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
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of quantitative forecasting and trends analysis provides
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and analyze information.
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data repository is continuously updated and revised by a team of
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information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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