Kings Research today announced the release of its latest market intelligence study, “Global Crack Sealer Market: Size, Share, Trends & Forecast 2024–2031.” The report provides an in-depth analysis of market size, growth drivers, technological trends, regional outlook, and competitive dynamics.
According to Kings Research, the global crack sealer market was valued at USD 657.9 million in 2023 and is projected to reach USD 942.7 million by 2031, expanding at a CAGR of 4.67% during the forecast period. Market growth is being propelled by increasing infrastructure maintenance and repair activities, investments in road construction, advancements in crack sealing technologies, and stringent government regulations focused on road safety and long-term cost savings.
Crack sealers, including bitumen-based and polymer-modified formulations, are increasingly adopted for applications in roads, pavements, highways, and other infrastructure due to their ability to prevent water infiltration, extend surface lifespan, and improve durability.
Kings Research identifies the following drivers for the crack sealer market
- Infrastructure Maintenance and Repair Investments: Rising government and private sector spending on road, bridge, and highway construction is boosting demand for crack sealers. Developing economies with rapid urbanization are particularly fueling market growth.
- Technological Advancements in Sealers: Innovations such as nanotechnology integration, polymer-modified sealers, and self-healing asphalt improve durability, flexibility, and crack resistance. This is enhancing performance and reducing long-term maintenance costs.
- Cost and Long-Term Efficiency: Timely crack sealing extends pavement life, reduces major repair expenses, and improves ROI. A study by the Ohio Department of Transportation (ODOT) found that found that crack sealing extended pavement life by up to 3.6 years in test sections compared to control sections over 5 years, and was cost-effective (positive NPV) for pavements in prior PCR range of 66–70.
B2B leaders in municipal authorities, road construction companies, and infrastructure maintenance firms can benefit from crack sealers through
- Extended Pavement Lifespan: Prevention of water damage and crack propagation for safer, more durable roads.
- Sustainability and Compliance: Eco-friendly formulations that adhere to environmental regulations.
Operational Efficiency: Faster application, reduced downtime, and cost savings in maintenance cycles.
Regional Outlook
- North America: Held 32.48% market share in 2023 (USD 213.7 million), driven by extensive road networks, advanced technologies, and stringent maintenance standards. According to TRIP, 43% of U.S. roadways were rated poor or mediocre, highlighting the need for effective crack sealing solutions.
- Asia Pacific: Poised for robust growth at a CAGR of 5.96%, fueled by rapid urbanization, infrastructure expansion, and favorable regulatory policies encouraging timely road maintenance. China’s urbanization strategy (2023–2035) is a key driver for increasing domestic demand.
- Europe: Growth supported by investments in road repair and maintenance, adoption of advanced sealing technologies, and eco-friendly initiatives to reduce environmental impact.
Competitive Landscape
The global crack sealer market is moderately fragmented, with companies focusing on strategic collaborations, R&D, product innovations, and supply chain optimization to expand regional presence. Key players include Colas Solutions Pty Ltd, Crafco, Inc., GemSeal Pavement Products, Henry Company, and Maxwell Products.
The full Kings Research report provides detailed segmentation by type, end-use industry, and region, along with competitive benchmarking and industry forecasts. To request a sample report or access the complete study, visit https://www.kingsresearch.com/crack-sealer-market-761.
About Kings Research
Kings Research is a global provider of syndicated research reports and consulting services, enabling organizations to navigate emerging markets, assess opportunities, and make informed strategic decisions.
All market data are sourced from Kings Research proprietary analysis, validated against credible sources and industry publications. Key references include the American Society of Civil Engineers (www.asce.org) and the national transportation research non-profit organization (www.tripnet.org).