Building Envelope Adhesives & Sealants Market by Technology (Solvent-Based, Solvent-Less, Water-Based), Adhesive & Sealant Resin (Acrylic, Epoxy, Polyurethane), Adhesive Application, Construction Type - Global Forecast 2024-2030
Description
Building Envelope Adhesives & Sealants Market by Technology (Solvent-Based, Solvent-Less, Water-Based), Adhesive & Sealant Resin (Acrylic, Epoxy, Polyurethane), Adhesive Application, Construction Type - Global Forecast 2024-2030
The Building Envelope Adhesives & Sealants Market size was estimated at USD 7.63 billion in 2023 and expected to reach USD 8.25 billion in 2024, at a CAGR 8.17% to reach USD 13.22 billion by 2030.
Building envelope adhesives and sealants are specialized materials used in the construction industry to create a weather-tight and airtight seal around a building's exterior envelope. The building envelope consists of the outer surfaces of a structure, including walls, roofs, doors, and other elements that separate the interior from the exterior environment. Adhesives & sealants for the building envelope play a critical role in ensuring the durability, energy efficiency, and weather resistance of a building. The primary function of these adhesives and sealants is to ensure the structural integrity, longevity, and overall energy efficiency of buildings while also providing resistance against various environmental factors. The growing demand for sustainable living accommodations, combined with increasing awareness about energy conservation, has fueled the growth of this market. Rapid urbanization across emerging economies has resulted in robust infrastructure growth, leading to a surge in demand for building envelope adhesives & sealants. Fluctuations in raw materials prices directly affecting production costs and environmental concerns associated with building adhesives & sealants may hamper the market demand. Emerging trends in green building technology offer significant potential for expanding market opportunities in this domain. Adopting eco-friendly alternatives such as bio-based adhesives and sealants is expected to gain traction due to their reduced environmental impact, significantly creating a lucrative opportunity in the building envelope adhesives & sealants market.
Regional Insights
The Americas has a significant landscape in the building envelope adhesives & sealants market due to ongoing construction projects, existing infrastructure renovations, and strict energy efficiency regulations. Government support and investment in retrofitting old buildings and infrastructure projects increased demand for advanced adhesive technologies that offer improved compatibility with various substrates, and focus on the development of sustainable buildings fueled the market demand in the region. The European region demonstrates a substantial market for building envelope adhesives & sealants due to increased emphasis on energy efficiency in buildings and eco-friendly construction materials. Europe's Energy Performance of Buildings Directive (EPBD) sets minimum requirements for energy-efficient building design, increasing demand for quality products that meet these regulatory standards. Asia-Pacific is witnessing exponential growth in the building envelope adhesives & sealants market due to rampant construction activities, rapid urbanization, and stringent government regulations and initiatives for energy-efficient buildings. Additionally, growing environmental concerns have led to the implementation of stricter building standards that emphasize energy-saving and green-building technologies.
Market Insights
- Market Dynamics
The market dynamics represent an ever-changing landscape of the Building Envelope Adhesives & Sealants Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.- Market Drivers
- Expanding building and construction activities worldwide
- Adoption of advanced building envelope adhesives & sealants to protect building structures
- Market Restraints
- Fluctuation in raw material prices
- Market Opportunities
- Focus on the development of green and sustainable adhesives & sealants
- Increasing Government Investments and Initiatives for Smart City Developments
- Market Challenges
- Compatibility and environmental issues associated with building envelope adhesives & sealants
- Market Segmentation Analysis
- Technology: High adoption of solvent-less technology having minimal volatile organic compounds
- Adhesive & Sealant Resin: Proliferation of rubber-based adhesives and sealants that exhibit excellent flexibility in roofing membranes
- Adhesive Application: Extensive utilization of adhesives in roofing due to its ability to provide long-lasting bonds in withstand extreme weather conditions
- Construction Type: Commercial constructions prioritize high-performance adhesives and sealants to deliver superior resistance against environmental factors
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Building Envelope Adhesives & Sealants Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Building Envelope Adhesives & Sealants Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments- Premier Building Solutions Unveils Non-sag Sealant for Construction
Premier Building Solutions introduced XtraBond 9714, a one-component, moisture-curing liquid applied flashing and sealant for building envelope adhesives and sealants. This product is specially formulated to provide a clean and easy application over both horizontal and vertical surfaces while maintaining a low-VOC content.
Jowat Builds Manufacturing Facility in China
Jowat SE established a subsidiary, Jowat China Adhesives Co. Ltd., to strengthen customer relations and enhance its competitive position in China. Through this expansion, Jowat SE has laid the foundation for a new production and storage facility, as well as a modern research and development center, spanning over 17,300 square meters in Pinghu City, Jiaxing, Zhejiang province, China.
Pidilite to Manufacture Jowat Hot Melt Adhesives from Germany in India
Pidilite Industries Ltd. strengthened its partnership with Jowat SE, a family-owned enterprise and a global supplier of industrial adhesives. Pidilite offers locally manufactured Jowat hot melts to Indian customers for various industrial applications as a part of this exclusive collaboration.
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Building Envelope Adhesives & Sealants Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Building Envelope Adhesives & Sealants Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Arkema S.A., Avery Dennison Corporation, BASF SE, Carlisle Companies Inc., Compagnie de Saint-Gobain S.A, DuPont de Nemours, Inc., Everkem Diversified Products, Fosroc, Inc., Gorilla Glue, Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Hilti Corporation, Holcim Group, IKO Industries Ltd., Innovative Chemical Products Group, LLC, Jowat SE, Knauf Insulation, Mapei S.p.A, Novagard Solutions, Inc., Panacol-Elosol GmbH by Dr. Hönle AG, Pecora Corporation, Pidilite Industries Limited, Premier Building Solutions, RPM International Inc., Sanvo Fine Chemicals Group, Sika AG, Soudal Group, Sunstar Group, The Dow Chemical Company, The Garland Company, Inc., W. R. Meadows, Inc., and Weiss Chemie + Technik GmbH & Co. KG.
Market Segmentation & Coverage
This research report categorizes the Building Envelope Adhesives & Sealants Market to forecast the revenues and analyze trends in each of the following sub-markets:- Technology
- Solvent-Based
- Solvent-Less
- Water-Based
- Adhesive & Sealant Resin
- Acrylic
- Epoxy
- Polyurethane
- Rubber
- Silane Modified Polymer (SMP)
- Silicone
- Adhesive Application
- Façade Panel Fixing
- Passive Fire Protection
- Roofing
- Sanitary
- Subfloor
- Wall Joints
- Walls
- Construction Type
- Commercial
- Industrial
- Residential
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
- Americas
- Market Drivers
Table of Contents
192 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Expanding building and construction activities worldwide
- 5.1.1.2. Adoption of advanced building envelope adhesives & sealants to protect building structures
- 5.1.2. Restraints
- 5.1.2.1. Fluctuation in raw material prices
- 5.1.3. Opportunities
- 5.1.3.1. Focus on the development of green and sustainable adhesives & sealants
- 5.1.3.2. Increasing Government Investments and Initiatives for Smart City Developments
- 5.1.4. Challenges
- 5.1.4.1. Compatibility and environmental issues associated with building envelope adhesives & sealants
- 5.2. Market Segmentation Analysis
- 5.2.1. Technology: High adoption of solvent-less technology having minimal volatile organic compounds
- 5.2.2. Adhesive & Sealant Resin: Proliferation of rubber-based adhesives and sealants that exhibit excellent flexibility in roofing membranes
- 5.2.3. Adhesive Application: Extensive utilization of adhesives in roofing due to its ability to provide long-lasting bonds in withstand extreme weather conditions
- 5.2.4. Construction Type: Commercial constructions prioritize high-performance adhesives and sealants to deliver superior resistance against environmental factors
- 5.3. Market Trend Analysis
- 5.3.1. Well-established standards for building envelope adhesives & sealants coupled with emphasis on green building revolution in the Americas
- 5.3.2. Flourishing construction sector with huge investments toward smart cities development creating demand for building envelope adhesives & sealants
- 5.3.3. Inclination toward sustainable construction materials in the EMEA region
- 5.4. Cumulative Impact of Russia-Ukraine Conflict
- 5.5. Cumulative Impact of High Inflation
- 5.6. Porter’s Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
- 5.7. Value Chain & Critical Path Analysis
- 5.8. Regulatory Framework Analysis
- 6. Building Envelope Adhesives & Sealants Market, by Technology
- 6.1. Introduction
- 6.2. Solvent-Based
- 6.3. Solvent-Less
- 6.4. Water-Based
- 7. Building Envelope Adhesives & Sealants Market, by Adhesive & Sealant Resin
- 7.1. Introduction
- 7.2. Acrylic
- 7.3. Epoxy
- 7.4. Polyurethane
- 7.5. Rubber
- 7.6. Silane Modified Polymer (SMP)
- 7.7. Silicone
- 8. Building Envelope Adhesives & Sealants Market, by Adhesive Application
- 8.1. Introduction
- 8.2. Façade Panel Fixing
- 8.3. Passive Fire Protection
- 8.4. Roofing
- 8.5. Sanitary
- 8.6. Subfloor
- 8.7. Wall Joints
- 8.8. Walls
- 9. Building Envelope Adhesives & Sealants Market, by Construction Type
- 9.1. Introduction
- 9.2. Commercial
- 9.3. Industrial
- 9.4. Residential
- 10. Americas Building Envelope Adhesives & Sealants Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Building Envelope Adhesives & Sealants Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Building Envelope Adhesives & Sealants Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. Market Share Analysis, 2023
- 13.2. FPNV Positioning Matrix, 2023
- 13.3. Competitive Scenario Analysis
- 13.3.1. Premier Building Solutions Unveils Non-sag Sealant for Construction
- 13.3.2. Jowat Builds Manufacturing Facility in China
- 13.3.3. Pidilite to Manufacture Jowat Hot Melt Adhesives from Germany in India
- 13.3.4. Soudal Invests in Precompressed Tapes and Acquires French Market Leader Tramico
- 13.3.5. H.B. Fuller Acquires GSSI Sealants
- 13.3.6. H.B. Fuller Acquires Fourny nv in Belgium
- 13.3.7. H.B. Fuller Acquires Apollo
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.2. Key Product Portfolio
Pricing
Currency Rates
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