The analysts forecast the global construction sealants market to grow at a CAGR of 5.91% during the period 2017-2021.
The report, Global Construction Sealants Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, the growth in urbanization and infrastructure investment is driving the market for construction sealants. Construction sealants are used to provide value-added benefits in terms of improved performance, along with increased protection from environmental threats, greater durability, and protection against seepage and leakage.
The regulatory requirements for green and energy-efficient buildings are driving the demand for eco-friendly construction sealants. Polyurethane and silicone-based sealants are expected to report quick benefits due to their better performance. In addition to reactive sealants, hotmelt products also have a healthy demand from various applications owing to their rapid cure rates, which help in fast processing. Also, hotmelt products do not emit VOCs and do not pose any harmful effects on the environment, because of which these are being encouraged by various vendors. For instance, Dow Chemical has come up with bio-based polyol sealants through RENUVA Renewable Resource Technology, which is used in construction activities such as flooring and lazing.
- H.B. Fuller
Other prominent vendors
- Cytec Solvay
- DAP Products
- Dow Corning
- Franklin International
- Momentive Performance Materials (Momentive)
- Pecora Corporation
- PPG Industries
- Wacker Chemie
Drivers and challenges
- Market drivers
- Impact of drivers on key regions
- Market challenges
- Impact of challenges on key regions
- Increase in demand for eco-friendly products
- Growing demand for specialty sealants
- Increase in shopping mall and hotel construction
For more information about this report visit http://www.researchandmarkets.com/research/6z2pvh/global