As per the new market report published by Factor & Equilibrium (www.factorandequilibrium.com) “Construction Adhesives & Sealants Market – Global Industry Insights Market Size, Estimation and Growth Forecast, By Product (Adhesives, Sealants), By Type (Water-Based Adhesives, Solvent-Based Adhesives, Hot Melt Adhesives, Pressure-Sensitive Adhesives, Acrylic Sealants, Silicone Sealants, Polyurethane Sealants, Butyl Sealants), By Application (Houses and Buildings, Flooring and Tiles, Countertop Laminates, Underlayment, Roofing, Glazing and Insulated Glass Units, Traffic/Pavement Markers), By End User (Residential, Commercial, Industrial) & By Regions, 2018-2025”, is expected to reach USD 12,330.3 Million by 2025 in terms of revenue. In 2018, the market was valued USD 9,197.0 Million in terms of revenue. In terms of volume, Construction Adhesives & Sealants market size was 1,871.4 Kilo Tons in 2018 and expected to reach 2,337.4 Kilo Tons by 2025.
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Market Overview
Construction adhesives & sealants are used for bind and join different materials and components such as flooring and tiles, insulated glass units, carpets and flooring underlayment, countertop laminates, and others. Adhesives are mainly used for bonding applications while sealants are used for gap filling and low adhesion applications.
The growing portfolio of industrial as well as residential construction projects across major economies is expected to fuel the growth of the market.
Segmentation Overview
By product, the global construction adhesives & sealants market is divided into adhesives and sealants. In terms of both value and volume, adhesives held the largest share in the construction adhesives & sealants market size in 2018, accounting for more than 55%. Growing usage of adhesives in residential construction works in countries from Asia-Pacific and Latin America is one of the major factors fuelling the growth of this segment.
Adhesives was the largest sub-segment by product, in construction adhesives & sealants market in 2018
By type, the global construction adhesives & sealants market is segmented into water-based adhesives, solvent-based adhesives, hot melt adhesives, pressure-sensitive adhesives, acrylic sealants, silicone sealants, polyurethane sealants, and butyl sealants. In terms of both value and volume, water-based adhesives and solvent-based adhesives held the largest share in the market in 2018. Growing demand low volatile organic compounds (VOCs) releasing adhesives in construction application is driving the growth of this segment.
Water-based adhesives and solvent-based adhesives were two of the largest segments in construction adhesives & sealants market in 2018
By application, the global construction adhesives & sealants market is divided into houses and buildings, flooring and tiles, countertop laminates, underlayment, roofing, glazing and insulated glass units, traffic/pavement markers. In terms of both value and volume, houses and buildings held the largest share in the market in 2018, accounting for more than 22%.
Houses and buildings segment was the largest application in construction adhesives & sealants market in 2018
By end user, the global construction adhesives & sealants market is divided into residential, commercial, and industrial. In terms of both value and volume, residential held the largest share in the market in 2018, accounting for more than 20%. Growing residential construction projects in emerging economies has created demand for adhesives and sealants among this end user segment.
Residential segment was the largest end user for construction adhesives & sealants market in 2018
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Regional Overview
The global construction adhesives & sealants market has been segment into five key geographical regions: North America, Europe, Asia-Pacific (APAC), Middle East & Africa and Latin America. APAC held the largest share of the construction adhesives & sealants market in 2018. Factors including growing industrial activities backed by public and private investments, expansion of residential construction projects to accommodate growing population, and growing demand for adhesives and sealants for repair works of office buildings are likely to drive the market in the future.
APAC occupied the largest revenue and volume share of the construction adhesives & sealants market in 2018
Leading Player Mapping
Some of the leading players operating in the construction adhesives & sealants industry are H.B. Fuller (U.S.), Henkel AG & Company, KGaA (Germany), Bostik SA (U.S.), Dow Chemical Company (U.S.), 3M Company (U.S.), Avery Dennison Corporation (U.S.), DAP Products, Inc. (U.S.), Illinois Tool Works Inc. (U.S.), Franklin International, Inc. (U.S.), and Sika AG (Switzerland) among others.
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The market has been segmented as follows:
Construction Adhesives & Sealants Market, by Product
- Adhesives
- Sealants
Construction Adhesives & Sealants Market, by Type
- Water-Based Adhesives
- Solvent-Based Adhesives
- Hot Melt Adhesives
- Pressure-Sensitive Adhesives
- Acrylic Sealants
- Silicone Sealants
- Polyurethane Sealants
- Butyl Sealants
- Others
Construction Adhesives & Sealants Market, by Application
- Houses and Buildings
- Flooring and Tiles
- Countertop Laminates
- Underlayment
- Roofing
- Glazing and Insulated Glass Units
- Traffic/Pavement Markers
- Others
Construction Adhesives & Sealants Market, by End User
- Residential
- Commercial
- Industrial
Construction Adhesives & Sealants Market, by Region:
- North America (The U.S., Canada and Mexico)
- Europe (Germany, The U.K, France, Italy, Russia, and Rest of the Europe)
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, and Rest of the Asia-Pacific)
- Middle East and Africa (MEA) (South Africa, Saudi Arabia, United Arab Emirates and Rest of the MEA)
- Latin America (Brazil, Argentina, and Rest of the Latin America)
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