The future of the global waterproof adhesive and sealant market looks promising with opportunities in the building & construction, transportation, and electrical & electronic markets. The global waterproof adhesive and sealant market is expected to reach an estimated $35.9 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growth in construction and infrastructural development projects and rising demand for eco-friendly and UV cure adhesives and sealants.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the waterproof adhesive and
sealant market by type (silicones, PU, acrylics, epoxy, and polysulfide), end
use industry (building & construction, transportation, electrical &
electronics, and others), and region (North America, Europe, Asia Pacific, and
the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will
grow at a faster pace and why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the
emerging trends in this market and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market,
silicone, PU, acrylic, epoxy, and polysulfide are the major segments of
waterproof adhesive and sealant market by type. Lucintel forecasts that
silicone will remain the largest segment due to their various features such as,
superior water resistance, flexibility, and durability.
Within this market,
building & construction will remain the largest segment due to substantial
use of waterproof glue and sealer in interiors at floor joints, bathtubs,
sinks, and showers to stop water leaks and associated damage.
APAC is expected to
witness highest growth over the forecast period.
3M, Henkel AG, Avery
Dennison, H.B. Fuller, Dow, Huntsman, Sika, MAPEI Spa, RPM International, and
Bostik are the major suppliers in the waterproof adhesive and sealant market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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