LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global construction sealants market report. This research report also lists nine other prominent vendors that are expected to impact the market during the forecast period.
Sealants are widely used in the building and construction industry for blocking dust, sound, heat, and fluid through openings at joints. Sealants and adhesives are two different compounds that are often used together. Sealants do not offer as much strength as adhesives do, but possess higher elongation property when compared with adhesives.
Competitive vendor landscape
According to the report, the global construction sealants market is characterized by the presence of both well-established vendors and small players. These vendors focus on the expansion of production plants and product innovations to gain market share.
“Vendors are also investing highly in R&D to manufacture new products. Investments in R&D will not only lead to new product development but also provide an opportunity to differentiate their products from their competitors. Also, owing to the rise in demand for construction sealants, manufacturers are expanding their operations to other countries,” says Mahitha Mallishetty, a lead additives, adhesives, and sealants research analyst from Technavio.
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Top five construction sealants market vendors
3M
3M offers polyurethane construction sealant, which is an adhesive sealant. It is gray in color and is applied using hand or pressure caulk. 3M's Polyurethane Construction Sealant 525 cures to form a flexible and resilient bond with very good adhesion on most materials. It is STM C920 compliant and is used for concrete sealing. It is also used on heavy and light precast panel expansion joints, wood, aluminum, and polyvinyl chloride (PVC).
Arkema
Arkema offers sealants for insulation used in the construction industry. Arkema further strengthened its position in the global construction sealants market with the acquisition of Bostik and Den Braven.
H.B. Fuller
H.B. Fuller offers sealants that are used in the building and construction industry in the multi-pane insulating glass, thermoplastic spacer, insulating glass, box spacer, insulating glass matrix, intercept spacer, and others. Some of H.B. Fuller’s sealant brand names are TS-970, PIB-969G, PI-969, PIB-969S, PU-810, WM-150, HL-5157, HL-5148, HL-5500, and HL-5165.
Henkel
Henkel offers sealants for the building and construction industry, which are used in flooring, insulation, light-gauge steel construction components, panels, wall systems, curtain walls, windows, and doors. Henkel's sealants are also used in renewable energy sources such as photovoltaic flooring, roofing, and insulation. Its sealants are traded under the brand names OSI Pro-Series, PL, OSI Quad, LePage, and Polyseamseal. It also provides environmental-friendly products for green buildings which are marketed under the brand name OSI Green Series.
Sika
Sika's construction sealants are traded under the brand name Sikaflex, which is a moisture-cured, single-component, polyurethane-based, non-sag elastomeric sealant. In building products and materials, the company’s sealants are used in concrete, masonry, brick, wood, plywood, cement-based siding, exterior insulation and finish systems, vinyl and aluminum siding, foam plastics panel, ceramic tile, and metal panels.
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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