• Stacy Lawlor

Global Construction Sealants Market Size to Worth $4.9 bn in 2028

The Global Construction Sealants Market Size was valued at USD 3.5 billion in 2021. The market is projected to grow USD 4.9 billion in 2028, at a CAGR of 4.9%.

Construction sealants are utilized in the construction industry to keep dust, sound, heat, and fluids out of buildings. The product offers reliability, flexibility, and waterproof joints in a wide range of applications in roofing, glazing, flooring, and sanitation.


There are various types of sealants available in the market such as polysulfide, silicone, and polyurethane based sealants, acrylic latex, bituminous sealants, and synthetic rubber. The increasing use of sealants in flooring and expansion joints in residential and commercial buildings is projected to drive growth during the forecast period.

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The COVID-19 pandemic has had a negative effect on the Construction Sealants Market. The pandemic has resulted in reduced construction activity across the globe, due to lockdown induced labor shortages and restrictions on construction during the Pandemic.

In emerging economies, the rapid development of commercial and residential buildings is driving the market. Also, environmental and governmental mandates have led to the development of green buildings, which are expected to be in substantial demand, across the globe.


The increasing investments in development and construction activities such as bridges, airports, dams, metro stations, and railway stations are also boosting the demand for construction sealants for expansion joints, panels, flooring, and other applications.


The Asia-Pacific is the largest market for the product due to the increasing development and construction activities across the region. The growth in population, rapid urbanization, and rising income in developing countries such as India, China, Indonesia, and Vietnam which are witnessing an increased demand for permanent housing, has boosted growth in this market.


Europe is the second-largest market for the product due to the stringent environmental and governmental mandates, which led to the development of green buildings which is expected to boost the demand for sealants. Also, the increasing applications of flooring and expansion joints in residential and commercial building structures is projected to drive market growth, during the forecast period.


North America is the third-largest market for Construction Sealants Market, due to rapid urbanization and industrialization which has driven the demand for real estate and has propelled the market growth.


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The Global Construction Sealants Market is segmented by Application, Resin Type, and Region. Based on the Application, the market is categorized into Glazing, Flooring, Joining, Sanitary, and Kitchens. Based on Resin Type, the market is categorized into Silicone, Polyurethane, and Polysulfide. Based on the region, the market is categorized into North America, Europe, Asia-Pacific, Latin America, the Middle East and, Africa.


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https://extrapolate.com/Chemicals-and-Advanced-Materials/construction-sealants-market/18960
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