Albany, NY -- (SBWire) -- 10/23/2018 --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.
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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.
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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.
Global Construction Sealants Market: Competitive Dynamics and Global Industry Outlook 2024: TMR