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Top 10 key players construction sealants market 2024

Top 10 Key Players in the Construction Sealants Market, 2024

17-05-2024

With a shifting focus on quality living and working spaces, the adoption of sealants in commercial and residential buildings has garnered substantial traction. Rising demand for adhesives and sealants in construction has fueled the market growth. A wide range of sealants such as polysulfide, silicone, polyurethane-based, acrylic latex, bituminous, and synthetic rubber sealants are popular, allowing the construction of efficient and durable structures.

As per a report by Extrapolate, the Construction Sealants Market size was recorded at USD 3.70 billion in 2022 and is expected to reach about USD 5.12 billion by 2030, growing at a CAGR of around 4.14% over 2023-2030. These sealants play a vital role in construction by enabling concrete to be soundproof, dust-free, thermally efficient, and watertight. The trends associated with the use of sealants in modern construction showcase their potential to shape the future of the construction industry.

Extrapolate Profiles Top 10 Construction Sealants Manufacturers

Below are the top ten players listed that manufacture high-quality steel for the construction industry with their cutting-edge solutions:

1. 3M

3M is a leading manufacturer in the global construction and building sealant market. It offers a range of innovative joint sealants in construction for various applications. One of their notable products is a polyurethane sealant with quick curing properties and high flexibility, providing excellent sealing performance in challenging environments. These high-strength sealants are designed to protect the tighter building envelope from heat, humidity, UV rays, and water ingress.

2. Arkema

Arkema, operating through its subsidiary Bostik, is another major player in the construction sealants market. Its adhesives and sealants for construction are known for their efficiency, user safety, robustness, and sealing and insulating qualities. Bostik's construction sealant supply includes a range of solutions for waterproofing, sealing, and insulation in various structures, including façade and wall panels, roofing systems, window and door systems, and industrial flooring.

3. Sika AG

Sika AG is a well-known company in the construction industry, offering a comprehensive range of sealants and adhesives. SikaSeal® is a high-quality construction sealant range designed for professional applicators, such as broad vertical facade joints, exhibiting sag resistance, and short thread breaks. The company is committed to studying and developing sustainable sealants with low VOC content that meet stringent environmental regulations.

4. H.B. Fuller Company

H.B. Fuller is a global adhesive supplier that also offers sealant products. Its polyurethane adhesives and sealants are versatile and strong, suitable for various industries like aerospace, automotive, and textiles. It offers sealants with high elasticity and resistance to high aging, fatigue, temperature, and weathering. These sealants are known for their good sealing and bonding performance for various substances.

5. Henkel AG & Co. KGaA

Henkel AG is a global supplier of adhesives and sealants. It offers a wide range of sealant products for construction and automotive applications. Henkel produces various types of flexible sealants, like LOCTITE® and TEROSON® elastomeric sealants. These highly durable, heat-resistant, and excellent adhesion sealants are used in various industries, including automotive and construction.

6. BASF SE

BASF SE is a major player in the construction sealants market, offering a range of polyurethane sealants with high chemical resistance and durability. Its acrylic sealants have elastomeric properties, improved flexibility, weatherability, and desired cure rates. These sealants are safe and easy to use and are ideal for preventing leakage caused by substrate movements.

7. Dow Inc.

Dow Inc. is a global chemical company that offers a variety of sealant products for the construction industry. Its sealants are used to achieve reliable and long-lasting bonds with a wide array of substrates viz., metals, glass, ceramics, and filled plastics, without the need for mechanical clamping and fastening. The sealant solutions are available in various viscosities and cure chemistries and can serve as raw materials or fully formulated products.

8. Wacker Chemie AG

Wacker Chemie AG, a leading manufacturer of construction sealants, offers silicone sealants that have seen strong growth in the market. These sealants solve sealing, bonding, and coating problems due to their excellent resistance to weathering and aging. RTV-1 silicone sealants supplied by WACKER are high-quality, all-in-one solutions that can be used for several construction applications.

9. MAPEI S.p.A.

MAPEI S.p.A. is a well-known company in the construction industry, offering a wide range of sealant products. It is known for its elastic sealants and adhesives, which utilize expertise from research and development laboratories and production plants. These products provide specific solutions for various technical and application requirements, ensuring long-term reliability.

10. Illinois Tool Works Inc.

Illinois Tool Works Inc. (ITW) is a global innovator in the polymer & Fluids segment, offering specialized sealants, adhesives, lubricants, additives, and car care products for various industries. Its polymer sealants are ideal for various industries, such as automotive, aerospace, and energy.

Cutting-edge Construction Sealants by Key Players to Address Consumer Problems

Consumers often face several issues that impact the appearance and effectiveness of their products. This can be a frustrating experience, but some companies are finding solutions to help restore the sealant's original color and quality. For instance, Clariant and Omya have collaborated to address customers' concerns about the yellowing of SMP (silane-modified polymers) sealants. The AddWorks IBC 760, introduced at ECS 2023, is a label-free solution with higher light and heat performance compared to standard solutions. Similarly, DAP has introduced a 1-component broadcast spray foam called Wall and Cavity Foam with a ‘Wide Spray Applicator’. This spray-ready solution uses polyurethane sealant technology, offering a simpler, one-part alternative to complex two-part foam spray systems, making sealing air gaps and cracks easier. These solutions address the customer problems by offering innovative solutions, thus boosting the market growth.

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