Scienza e Tecnologia
Waterproof Adhesives & Sealants Market worth $31.3 billion by 2027 - Exclusive Report by MarketsandMarkets™
Based on chemistry, the silicones based waterproof adhesives & sealants accounted for the largest market share in 2021 and is projected to grow at a CAGR of 6.4% in terms of value, during the forecast period. Silicone adhesives & sealants are flexible and have a longer lifespan than other material. The use of these adhesives & sealants in high-growth applications, including expansion joints between dissimilar materials, and for weather sealing in high-rise buildings, airport runways, and highways, has also increased their demand.
Based on end-use industry, the transportation segment in the waterproof adhesives & sealants market accounted for the fastest growth in 2021 with a CAGR of 6.2%, in terms of value, during the forecast period. Waterproof adhesives & sealants are widely used in the transportation end-use industry for vehicle assembly, exterior vehicle trim, interior vehicle trim, direct window glazing, panel bonding, automotive module sealing, and electric circuit board preparation. It also finds a range of applications in shipbuilding and marine transport for providing protection against water, chemicals, weather, and environmental degradation.
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Asia Pacific leads the overall waterproof adhesives & sealants market in terms of both value and volume, followed by Europe and North America . The increasing population, urbanization, industrialization, and growing concerns related to infrastructure development in China and India are some of the factors expected to drive the waterproof adhesives & sealants market in this region.
Major players operating in the global waterproof adhesives & sealants market include
3M (US), Henkel AG ( Germany ), Avery Dennison Corporation (US), H.B. Fuller (US), Dow (US), Huntsman Corporation (US), Sika AG ( Switzerland ), MAPEI Spa ( Italy ), RPM International (US), and Bostik SA ( France ).
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by Adhesive Formulating Technology (Water-based, Solvent-based, Hot-melt, Reactive), Sealant Resin Type (Silicone, Polyurethane, Plastisol, Emulsion, Polysulfide, Butyl), Application, Region
by Type (One Component, two Component), Curing Type (Acetoxy, Alkoxy, Oxime), Application, End-Use Industry (Residential, Commercial, Industrial) and Region
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