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.
Global
Construction Sealants Market: Overview
Sealants,
commonly known as caulking in the construction industry, are
ubiquitously used to block dust, heat, sound, and fluid through
apertures at joints in building structures. They display a number of
properties and are particularly effective in waterproofing processes
to provide a barrier for moisture in built structures. Sealants can
provide acoustic and thermal insulation and can also be used as fire
barriers. Sealants have been in use for several hundred years.
Asphalt and bitumen that are naturally occurring have been used as
sealants for many centuries.
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Report Preview:
Sealants
comprise inert filler material and are usually composed of an
elastomer to fulfill the flexibility and elongation requirements.
Sealants are usually present in semi-liquid and viscous state with
little to zero flow characteristics. Adhesion, corrosion resistance,
and insolubility are some of the desirable properties of sealants
that make them ideal for water proofing in the construction industry.
The
report presents an overview of the construction sealants market in a
ground-up manner looking into market dynamics, growth trends, and
product development that will influence the growth curve for the
2016-2024 period. The publication makes for an interesting read as
facts and figures pertaining to developments in the market are
presented in a chronological order.
Global
Construction Sealants Market: Trends and Opportunities
The
construction sealants market is displaying significant growth due to
the increasing application of sealants for flooring and expansion
jointing in commercial and residential building structures. In
particular, in emerging economies, high rate of development of
residential buildings is driving the construction sealants market.
Furthermore, environmental concerns leading to the development of
light and green buildings is expected to display a substantial demand
for construction sealants across the world.
However,
government regulations in place across several countries for VOC
emissions is restraining the market’s growth. The introduction of
biobased and anaerobic sealants is anticipated to benefit the
market’s growth in future.
Global
Construction Sealants Market: Regional Outlook
Europe
stood as a major market for construction sealants in 2014. Germany,
Russia, Turkey, Austria, and the Netherlands are major contributors
to the European construction sealants market. Asia Pacific is
expected to display the fastest growth in the construction sealants
market in the forthcoming years. In this region, rapid urbanization
and construction of commercial complexes for the increasing economic
development are benefitting the construction sealants market for
building structures.
The
Middle East and Africa regional market is expected to display
significant growth over the forecast period. In particular, in the
UAE and Saudi Arabia, the increasing number of residential building
construction to keep up the demand for increasing home ownership
supported by easy residential mortgaging schemes will benefit the
construction sealants market.
Latin
America is expected to display moderate growth over the forecast
period. Argentina and Brazil are the major contributors to the Latin
America construction sealants market due to the increasing
urbanization and industrialization.
Global
Construction Sealants Market: Competitive Landscape
Some
of the key players in the global construction sealants market include
BASF SE, KGaA, Fuller, Cytec Industries Inc., General Electric, PPG
Industries Inc., Henkel AG & Co., 3M, The Dow Chemical Company,
Master Bond, and Sika AG.
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to view Sample Report:
Research
and development for introduction of innovative products is what key
players in the market are focused on. Stakeholders in the
construction industry are investing heavily in using advanced
technologies for product development to serve the changing needs of
the construction industry.
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