Joint sealants are utilized to fill and safeguard joints between two surfaces. These are used to seal joints, openings, and gaps between two or more materials to combat environmental factors that could cause corrosion. These are designed to avoid corrosion at joint edges in clay and concrete tiles. There are many types of sealants used in residential and light application areas on sidewalks, pavements, airline runways, plazas, balconies, terraces, industrial floors, and swimming pool floors to accommodate structural and thermal changes. The substances used to provide the joints impact the design of joint sealants. It can be applied liquidly or in preformed forms. Aesthetics must also be considered in the making of the sealant.
The joint sealants market is driven by an increase in demand for these joint sealants in various end use industries including transportation, electronics, healthcare, automobile, and others. The growing infrastructural development worldwide has created lucrative growth opportunities. Nonetheless, the adverse effects on health due to the solvents present in joint sealants hinder the growth of the market.
The joint sealants market is segmented on the basis of type, end-use industry, and region. Based on type, the market is divided into polyurethane joint sealants, silicone joint sealant, polysulphide joint sealant, hot poured joint sealant and others (acrylic, epoxy, PTFE). The polyurethane joint sealants segment dominated the market share while the silicone joint sealant segment is expected to grow significantly during the forecast period. The end-use industry segment is categorized into building and construction, transportation, general industrial, electrical and electronics and others. The building and construction segment holds the largest market share while the transportation segment is expected to grow at a higher CAGR during the forecast period. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, the Middle East, and Africa).
The key players operating in the joint sealants market are 3M, American Sealants, Inc., Hodgson Sealants, ITW Performance Polymer, MAPEI S.p.A., NANPAO RESINS CHEMICAL GROUP, Pidilite Industries Limited, RPM International Inc., Sika AG, and Wacker Chemie AG. The key players adopted various Strategies such as acquisition, new product launches, business expansion and partnership to sustain the market competition.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the joint sealants market analysis from 2021 to 2031 to identify the prevailing joint sealants market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the joint sealants market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global joint sealants market trends, key players, market segments, application areas, and market growth Strategies.
Key Market Segments
By Type
- Polyurethane Joint Sealants
- Silicone Joint Sealant
- Polysulphide Joint Sealant
- Hot Poured Joint Sealant
By Application
- Building and Construction
- Transportation
- General Industrial
- Electrical and Electronics
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Wacker Chemie AG
- Sika AG
- RPM International Inc.
- NANPAO RESINS CHEMICAL GROUP
- MAPEI S.p.A.
- American Sealants, Inc.
- Hodgson Sealants
- ITW Performance Polymer
- Pidilite Industries Limited
- 3M
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Lucrative use from construction sector
3.4.1.2. High demand from various end-use industries
3.4.2. Restraints
3.4.2.1. Stringent government regulations
3.4.3. Opportunities
3.4.3.1. Growing infrastructural development
3.5. COVID-19 Impact Analysis on the market
3.6. Patent Landscape
3.7. Pricing Analysis
3.8. Regulatory Guidelines
CHAPTER 4: JOINT SEALANTS MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Polyurethane Joint Sealants
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Silicone Joint Sealant
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Polysulphide Joint Sealant
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
4.5. Hot Poured Joint Sealant
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market share analysis by country
4.6. Others
4.6.1. Key market trends, growth factors and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market share analysis by country
CHAPTER 5: JOINT SEALANTS MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast
5.2. Building and Construction
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Transportation
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. General Industrial
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Electrical and Electronics
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
5.6. Others
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market share analysis by country
CHAPTER 6: JOINT SEALANTS MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key trends and opportunities
6.2.2. Market size and forecast, by Type
6.2.3. Market size and forecast, by Application
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Key market trends, growth factors and opportunities
6.2.4.1.2. Market size and forecast, by Type
6.2.4.1.3. Market size and forecast, by Application
6.2.4.2. Canada
6.2.4.2.1. Key market trends, growth factors and opportunities
6.2.4.2.2. Market size and forecast, by Type
6.2.4.2.3. Market size and forecast, by Application
6.2.4.3. Mexico
6.2.4.3.1. Key market trends, growth factors and opportunities
6.2.4.3.2. Market size and forecast, by Type
6.2.4.3.3. Market size and forecast, by Application
6.3. Europe
6.3.1. Key trends and opportunities
6.3.2. Market size and forecast, by Type
6.3.3. Market size and forecast, by Application
6.3.4. Market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Key market trends, growth factors and opportunities
6.3.4.1.2. Market size and forecast, by Type
6.3.4.1.3. Market size and forecast, by Application
6.3.4.2. UK
6.3.4.2.1. Key market trends, growth factors and opportunities
6.3.4.2.2. Market size and forecast, by Type
6.3.4.2.3. Market size and forecast, by Application
6.3.4.3. France
6.3.4.3.1. Key market trends, growth factors and opportunities
6.3.4.3.2. Market size and forecast, by Type
6.3.4.3.3. Market size and forecast, by Application
6.3.4.4. Spain
6.3.4.4.1. Key market trends, growth factors and opportunities
6.3.4.4.2. Market size and forecast, by Type
6.3.4.4.3. Market size and forecast, by Application
6.3.4.5. Italy
6.3.4.5.1. Key market trends, growth factors and opportunities
6.3.4.5.2. Market size and forecast, by Type
6.3.4.5.3. Market size and forecast, by Application
6.3.4.6. Rest of Europe
6.3.4.6.1. Key market trends, growth factors and opportunities
6.3.4.6.2. Market size and forecast, by Type
6.3.4.6.3. Market size and forecast, by Application
6.4. Asia-Pacific
6.4.1. Key trends and opportunities
6.4.2. Market size and forecast, by Type
6.4.3. Market size and forecast, by Application
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Key market trends, growth factors and opportunities
6.4.4.1.2. Market size and forecast, by Type
6.4.4.1.3. Market size and forecast, by Application
6.4.4.2. India
6.4.4.2.1. Key market trends, growth factors and opportunities
6.4.4.2.2. Market size and forecast, by Type
6.4.4.2.3. Market size and forecast, by Application
6.4.4.3. Japan
6.4.4.3.1. Key market trends, growth factors and opportunities
6.4.4.3.2. Market size and forecast, by Type
6.4.4.3.3. Market size and forecast, by Application
6.4.4.4. South Korea
6.4.4.4.1. Key market trends, growth factors and opportunities
6.4.4.4.2. Market size and forecast, by Type
6.4.4.4.3. Market size and forecast, by Application
6.4.4.5. Australia
6.4.4.5.1. Key market trends, growth factors and opportunities
6.4.4.5.2. Market size and forecast, by Type
6.4.4.5.3. Market size and forecast, by Application
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Key market trends, growth factors and opportunities
6.4.4.6.2. Market size and forecast, by Type
6.4.4.6.3. Market size and forecast, by Application
6.5. LAMEA
6.5.1. Key trends and opportunities
6.5.2. Market size and forecast, by Type
6.5.3. Market size and forecast, by Application
6.5.4. Market size and forecast, by country
6.5.4.1. Brazil
6.5.4.1.1. Key market trends, growth factors and opportunities
6.5.4.1.2. Market size and forecast, by Type
6.5.4.1.3. Market size and forecast, by Application
6.5.4.2. Saudi Arabia
6.5.4.2.1. Key market trends, growth factors and opportunities
6.5.4.2.2. Market size and forecast, by Type
6.5.4.2.3. Market size and forecast, by Application
6.5.4.3. South Africa
6.5.4.3.1. Key market trends, growth factors and opportunities
6.5.4.3.2. Market size and forecast, by Type
6.5.4.3.3. Market size and forecast, by Application
6.5.4.4. Rest of LAMEA
6.5.4.4.1. Key market trends, growth factors and opportunities
6.5.4.4.2. Market size and forecast, by Type
6.5.4.4.3. Market size and forecast, by Application
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning Strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021
CHAPTER 8: COMPANY PROFILES
8.1. 3M
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. Business performance
8.2. RPM International Inc.
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.2.6. Business performance
8.3. Sika AG
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.3.6. Business performance
8.3.7. Key strategic moves and developments
8.4. ITW Performance Polymer
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.4.6. Business performance
8.4.7. Key strategic moves and developments
8.5. MAPEI S.p.A.
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.5.6. Business performance
8.6. Hodgson Sealants
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.7. Pidilite Industries Limited
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.7.6. Business performance
8.8. Wacker Chemie AG
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.8.6. Business performance
8.8.7. Key strategic moves and developments
8.9. American Sealants, Inc.
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.10. NANPAO RESINS CHEMICAL GROUP
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
8.10.6. Business performance
List of Tables
Table 01. Global Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 02. Global Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 03. Joint Sealants Market for Polyurethane Joint Sealants, by Region, 2021-2031 (Revenue, $Million)
Table 04. Joint Sealants Market for Polyurethane Joint Sealants, by Region, 2021-2031 (Volume, Kiloton)
Table 05. Joint Sealants Market for Silicone Joint Sealant, by Region, 2021-2031 (Revenue, $Million)
Table 06. Joint Sealants Market for Silicone Joint Sealant, by Region, 2021-2031 (Volume, Kiloton)
Table 07. Joint Sealants Market for Polysulphide Joint Sealant, by Region, 2021-2031 (Revenue, $Million)
Table 08. Joint Sealants Market for Polysulphide Joint Sealant, by Region, 2021-2031 (Volume, Kiloton)
Table 09. Joint Sealants Market for Hot Poured Joint Sealant , by Region, 2021-2031 (Revenue, $Million)
Table 10. Joint Sealants Market for Hot Poured Joint Sealant , by Region, 2021-2031 (Volume, Kiloton)
Table 11. Joint Sealants Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 12. Joint Sealants Market for Others, by Region, 2021-2031 (Volume, Kiloton)
Table 13. Global Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 14. Global Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 15. Joint Sealants Market for Building and Construction, by Region, 2021-2031 (Revenue, $Million)
Table 16. Joint Sealants Market for Building and Construction, by Region, 2021-2031 (Volume, Kiloton)
Table 17. Joint Sealants Market for Transportation, by Region, 2021-2031 (Revenue, $Million)
Table 18. Joint Sealants Market for Transportation, by Region, 2021-2031 (Volume, Kiloton)
Table 19. Joint Sealants Market for General Industrial, by Region, 2021-2031 (Revenue, $Million)
Table 20. Joint Sealants Market for General Industrial, by Region, 2021-2031 (Volume, Kiloton)
Table 21. Joint Sealants Market for Electrical and Electronics, by Region, 2021-2031 (Revenue, $Million)
Table 22. Joint Sealants Market for Electrical and Electronics, by Region, 2021-2031 (Volume, Kiloton)
Table 23. Joint Sealants Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 24. Joint Sealants Market for Others, by Region, 2021-2031 (Volume, Kiloton)
Table 25. Joint Sealants Market, by Region, 2021-2031 (Revenue, $Million)
Table 26. Joint Sealants Market, by Region, 2021-2031 (Volume, Kiloton)
Table 27. North America Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 28. North America Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 29. North America Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 30. North America Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 31. North America Joint Sealants Market, by Country, 2021-2031 (Revenue, $Million)
Table 32. North America Joint Sealants Market, by Country, 2021-2031 (Volume, Kiloton)
Table 33. U.S. Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 34. U.S. Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 35. U.S. Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 36. U.S. Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 37. Canada Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 38. Canada Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 39. Canada Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 40. Canada Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 41. Mexico Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 42. Mexico Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 43. Mexico Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 44. Mexico Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 45. Europe Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 46. Europe Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 47. Europe Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 48. Europe Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 49. Europe Joint Sealants Market, by Country, 2021-2031 (Revenue, $Million)
Table 50. Europe Joint Sealants Market, by Country, 2021-2031 (Volume, Kiloton)
Table 51. Germany Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 52. Germany Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 53. Germany Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 54. Germany Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 55. UK Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 56. UK Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 57. UK Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 58. UK Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 59. France Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 60. France Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 61. France Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 62. France Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 63. Spain Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 64. Spain Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 65. Spain Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 66. Spain Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 67. Italy Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 68. Italy Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 69. Italy Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 70. Italy Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 71. Rest of Europe Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 72. Rest of Europe Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 73. Rest of Europe Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 74. Rest of Europe Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 75. Asia-Pacific Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 76. Asia-Pacific Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 77. Asia-Pacific Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 78. Asia-Pacific Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 79. Asia-Pacific Joint Sealants Market, by Country, 2021-2031 (Revenue, $Million)
Table 80. Asia-Pacific Joint Sealants Market, by Country, 2021-2031 (Volume, Kiloton)
Table 81. China Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 82. China Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 83. China Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 84. China Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 85. India Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 86. India Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 87. India Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 88. India Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 89. Japan Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 90. Japan Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 91. Japan Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 92. Japan Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 93. South Korea Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 94. South Korea Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 95. South Korea Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 96. South Korea Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 97. Australia Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 98. Australia Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 99. Australia Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 100. Australia Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 101. Rest of Asia-Pacific Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 102. Rest of Asia-Pacific Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 103. Rest of Asia-Pacific Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 104. Rest of Asia-Pacific Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 105. LAMEA Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 106. LAMEA Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 107. LAMEA Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 108. LAMEA Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 109. LAMEA Joint Sealants Market, by Country, 2021-2031 (Revenue, $Million)
Table 110. LAMEA Joint Sealants Market, by Country, 2021-2031 (Volume, Kiloton)
Table 111. Brazil Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 112. Brazil Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 113. Brazil Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 114. Brazil Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 115. Saudi Arabia Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 116. Saudi Arabia Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 117. Saudi Arabia Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 118. Saudi Arabia Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 119. South Africa Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 120. South Africa Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 121. South Africa Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 122. South Africa Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 123. Rest of LAMEA Joint Sealants Market, by Type, 2021-2031 (Revenue, $Million)
Table 124. Rest of LAMEA Joint Sealants Market, by Type, 2021-2031 (Volume, Kiloton)
Table 125. Rest of LAMEA Joint Sealants Market, by Application, 2021-2031 (Revenue, $Million)
Table 126. Rest of LAMEA Joint Sealants Market, by Application, 2021-2031 (Volume, Kiloton)
Table 127. 3M: Key Executives
Table 128. 3M: Company Snapshot
Table 129. 3M: Product Segments
Table 130. 3M: Product Portfolio
Table 131. Rpm International Inc.: Key Executives
Table 132. Rpm International Inc.: Company Snapshot
Table 133. Rpm International Inc.: Service Segments
Table 134. Rpm International Inc.: Product Portfolio
Table 135. Sika AG: Key Executives
Table 136. Sika AG: Company Snapshot
Table 137. Sika AG: Service Segments
Table 138. Sika AG: Product Portfolio
Table 139. Sika AG: Key Strategies
Table 140. Itw Performance Polymer: Key Executives
Table 141. Itw Performance Polymer: Company Snapshot
Table 142. Itw Performance Polymer: Product Segments
Table 143. Itw Performance Polymer: Product Portfolio
Table 144. Itw Performance Polymer: Key Strategies
Table 145. Mapei S.P.A.: Key Executives
Table 146. Mapei S.P.A.: Company Snapshot
Table 147. Mapei S.P.A.: Product Segments
Table 148. Mapei S.P.A.: Product Portfolio
Table 149. Hodgson Sealants: Key Executives
Table 150. Hodgson Sealants: Company Snapshot
Table 151. Hodgson Sealants: Product Segments
Table 152. Hodgson Sealants: Product Portfolio
Table 153. Pidilite Industries Limited: Key Executives
Table 154. Pidilite Industries Limited: Company Snapshot
Table 155. Pidilite Industries Limited: Product Segments
Table 156. Pidilite Industries Limited: Product Portfolio
Table 157. Wacker Chemie AG: Key Executives
Table 158. Wacker Chemie AG: Company Snapshot
Table 159. Wacker Chemie AG: Product Segments
Table 160. Wacker Chemie AG: Product Portfolio
Table 161. Wacker Chemie AG: Key Strategies
Table 162. American Sealants, Inc.: Key Executives
Table 163. American Sealants, Inc.: Company Snapshot
Table 164. American Sealants, Inc.: Product Segments
Table 165. American Sealants, Inc.: Product Portfolio
Table 166. Nanpao Resins Chemical Group: Key Executives
Table 167. Nanpao Resins Chemical Group: Company Snapshot
Table 168. Nanpao Resins Chemical Group: Product Segments
Table 169. Nanpao Resins Chemical Group: Product Portfolio
List of Figures
Figure 01. Joint Sealants Market, 2021-2031
Figure 02. Segmentation of Joint Sealants Market, 2021-2031
Figure 03. Top Investment Pockets in Joint Sealants Market (2022-2031)
Figure 04. High Bargaining Power of Suppliers
Figure 05. High Bargaining Power of Buyers
Figure 06. Moderate Threat of Substitutes
Figure 07. Moderate Threat of New Entrants
Figure 08. Moderate Intensity of Rivalry
Figure 09. Drivers, Restraints and Opportunities: Globaljoint Sealants Market
Figure 10. Patent Analysis by Company
Figure 11. Patent Analysis by Country
Figure 12. Pricing Analysis: Joint Sealants Market 2021 and 2031
Figure 13. Regulatory Guidelines: Joint Sealants Market
Figure 14. Joint Sealants Market, by Type, 2021(%)
Figure 15. Comparative Share Analysis of Joint Sealants Market for Polyurethane Joint Sealants, by Country 2021-2031(%)
Figure 16. Comparative Share Analysis of Joint Sealants Market for Silicone Joint Sealant, by Country 2021-2031(%)
Figure 17. Comparative Share Analysis of Joint Sealants Market for Polysulphide Joint Sealant, by Country 2021-2031(%)
Figure 18. Comparative Share Analysis of Joint Sealants Market for Hot Poured Joint Sealant , by Country 2021-2031(%)
Figure 19. Comparative Share Analysis of Joint Sealants Market for Others, by Country 2021-2031(%)
Figure 20. Joint Sealants Market, by Application, 2021(%)
Figure 21. Comparative Share Analysis of Joint Sealants Market for Building and Construction, by Country 2021-2031(%)
Figure 22. Comparative Share Analysis of Joint Sealants Market for Transportation, by Country 2021-2031(%)
Figure 23. Comparative Share Analysis of Joint Sealants Market for General Industrial, by Country 2021-2031(%)
Figure 24. Comparative Share Analysis of Joint Sealants Market for Electrical and Electronics, by Country 2021-2031(%)
Figure 25. Comparative Share Analysis of Joint Sealants Market for Others, by Country 2021-2031(%)
Figure 26. Joint Sealants Market by Region, 2021
Figure 27. U.S. Joint Sealants Market, 2021-2031 ($Million)
Figure 28. Canada Joint Sealants Market, 2021-2031 ($Million)
Figure 29. Mexico Joint Sealants Market, 2021-2031 ($Million)
Figure 30. Germany Joint Sealants Market, 2021-2031 ($Million)
Figure 31. UK Joint Sealants Market, 2021-2031 ($Million)
Figure 32. France Joint Sealants Market, 2021-2031 ($Million)
Figure 33. Spain Joint Sealants Market, 2021-2031 ($Million)
Figure 34. Italy Joint Sealants Market, 2021-2031 ($Million)
Figure 35. Rest of Europe Joint Sealants Market, 2021-2031 ($Million)
Figure 36. China Joint Sealants Market, 2021-2031 ($Million)
Figure 37. India Joint Sealants Market, 2021-2031 ($Million)
Figure 38. Japan Joint Sealants Market, 2021-2031 ($Million)
Figure 39. South Korea Joint Sealants Market, 2021-2031 ($Million)
Figure 40. Australia Joint Sealants Market, 2021-2031 ($Million)
Figure 41. Rest of Asia-Pacific Joint Sealants Market, 2021-2031 ($Million)
Figure 42. Brazil Joint Sealants Market, 2021-2031 ($Million)
Figure 43. Saudi Arabia Joint Sealants Market, 2021-2031 ($Million)
Figure 44. South Africa Joint Sealants Market, 2021-2031 ($Million)
Figure 45. Rest of LAMEA Joint Sealants Market, 2021-2031 ($Million)
Figure 46. Top Winning Strategies, by Year
Figure 47. Top Winning Strategies, by Development
Figure 48. Top Winning Strategies, by Company
Figure 49. Product Mapping of Top 10 Players
Figure 50. Competitive Dashboard
Figure 51. Competitive Heatmap: Joint Sealants Market
Figure 52. Top Player Positioning, 2021
Figure 53. 3M: Net Sales, 2019-2021 ($Million)
Figure 54. 3M: Revenue Share by Segment, 2021 (%)
Figure 55. 3M: Revenue Share by Region, 2021 (%)
Figure 56. Rpm International Inc.: Net Revenue, 2020-2022 ($Million)
Figure 57. Rpm International Inc.: Revenue Share by Segment, 2022 (%)
Figure 58. Rpm International Inc.: Revenue Share by Region, 2022 (%)
Figure 59. Sika AG: Net Revenue, 2019-2021 ($Million)
Figure 60. Sika AG: Revenue Share by Region, 2021 (%)
Figure 61. Itw Performance Polymer: Net Revenue, 2019-2021 ($Million)
Figure 62. Itw Performance Polymer: Research & Development Expenditure, 2019-2021 ($Million)
Figure 63. Itw Performance Polymer: Revenue Share by Segment, 2021 (%)
Figure 64. Itw Performance Polymer: Revenue Share by Region, 2021 (%)
Figure 65. Mapei S.P.A.: Net Revenue, 2019-2021 ($Million)
Figure 66. Pidilite Industries Limited: Net Revenue, 2019-2021 ($Million)
Figure 67. Pidilite Industries Limited: Revenue Share by Segment, 2021 (%)
Figure 68. Wacker Chemie AG: Net Revenue, 2019-2021 ($Million)
Figure 69. Wacker Chemie AG: Revenue Share by Region, 2021 (%)
Figure 70. Wacker Chemie AG: Revenue Share by Segment, 2021 (%)
Figure 71. Nanpao Resins Chemical Group: Net Revenue, 2019-2021 ($Million)
Executive Summary
According to the report titled, 'Joint Sealants Market,' the joint sealants market was valued at $1 billion in 2021, and is estimated to reach $1.6 billion by 2031, growing at a CAGR of 4.7% from 2022 to 2031.Joint sealants are used in the building and construction sector to join and connect the various components and materials to the main structure and to one another. They help in filling in spaces between the building's components and surfaces, preventing water and other substances from passing through surfaces and mechanical joints. Thus, joint sealants act as protective impermeable barrier, through which substances cannot pass. It is employed in various architectural applications, which include high- and low-rise commercial buildings, plazas and parking deck joints in traffic surfaces, joints between tilt-up concrete exterior panels, bridge and highway pavement joints, sidewalks, parking lots and flat work joints, and others.
Many manufacturers are providing joint sealant products which are widely utilized in the construction industry. For instance, Fosroc, Inc. offers a wide range of joint sealants such as pouring grade sealants, gun grade sealants, and others. Pouring grade sealants is designed exclusively for horizontal joints in floors and pavements while gun grade sealants are suitable for use in vertical and horizontal joints. Moreover, Tremco CPG Inc. provides a variety of products used in the construction industry, including Tremco 830, Spectrem 800, and Spectrem 900SL. Spectrem 800 and Spectrem 900SL are designed for use in parking structures as well as high-motion locations like airports, bridge joints, and highway, rail, and airport junctions. Residential windows and doors are sealed around their perimeters using Tremco 830, PVC (Polyvinyl Chloride), or aluminum.
Additionally, Pidilite Industries Limited offers its M seal silicon sealer, which is used to fill and seal gaps during construction as well as to join engineered materials like glass, fiberglass, metals, plastics, ceramics, and plastics. Furthermore, Sika AG, manufacturer of specialty chemicals, offers waterproof joint sealing solutions including hydrophilic gaskets, thermoplastic water bars for construction joints, movement joints and connection joints. In December 2021, Sika AG established a modern technology center and manufacturing factory for high-quality sealants and adhesives in Pune, India. This will increase the production of joint sealant products required for the transportation and construction industries. Owing to these factors, the construction and building sector has boosted the demand for joint sealants across the globe.
Surge in infrastructural development is projected to generate extraordinary growth opportunities. Infrastructure development is crucial for a nation's economic significant economic growth and decrease of poverty. For instance, India has a well-developed core infrastructure network, which includes sewage, water, power, transportation, and communications. The residential sector has experienced enormous growth due to urbanization, population growth, an increase in per capita income, and other factors. Joint sealants are frequently utilized in residential construction because they help to close gaps and serve as an impermeable barrier. These are used in kitchens and baths and to patch holes and cracks in buildings inside and outside.
Residential polyurethane sealants are easy to use because they require little to no surface preparation and bind well to a range of substrates. It is a standard low VOC type of sealant. Many manufacturers are developing various technologies to produce polyurethane sealants due to their wide application. For instance, in December 2020, Sika AG developed a new polyurethane technology, which was launched onto the market under the Purform brand. The new polymers were first integrated into Sika's top seller Sikaflex and liquid applied membranes. This innovation brings important benefits for customers such as the products have an improved performance profile, are even more enduring, and have a strong sustainability profile. Over the past few decades, the demand for joint sealants has grown significantly due to growing infrastructure developments.
The joint sealants market is segmented into type, end-use industry, and region. By type, the market is divided into polyurethane joint sealants, silicone joint sealant, polysulphide joint sealant, hot poured joint sealant and others (acrylic, epoxy, PTFE). The end-use industry segment is categorized into building and construction, transportation, general industrial, electrical and electronics and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the study include 3M, American Sealants, Inc., Hodgson Sealants, ITW Performance Polymer, MAPEI S.p.A., NANPAO RESINS CHEMICAL GROUP, Pidilite Industries Limited, RPM International Inc., Sika AG and Wacker Chemie AG. The players in the market have been actively engaged in the adoption various Strategies such as acquisition, product launch and expansion to remain competitive and gain advantage over the competitors in the market.
Key Market Insights
Based on region, Asia-Pacific is dominated the market in 2021.
By type, the silicone joint sealant segment is anticipated to dominate the market during the forecast period.
Based on application, building and construction held the largest share of the global market in 2021.
Companies Mentioned
- Wacker Chemie AG
- Sika AG
- RPM International Inc.
- NANPAO RESINS CHEMICAL GROUP
- MAPEI S.p.A.
- American Sealants, Inc.
- Hodgson Sealants
- ITW Performance Polymer
- Pidilite Industries Limited
- 3M
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 300 |
Published | January 2023 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 1 billion |
Forecasted Market Value ( USD | $ 1.6 billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |