The global construction sealants market size was US$ 9.5 billion in 2021. The global construction sealants market is forecast to grow to US$ 15.9 billion by 2030 by registering a compound annual growth rate (CAGR) of 6.1% during the forecast period from 2022 to 2030.
A sealant is a compound that prevents fluids and other substances from passing through a surface. Sealants, often known as caulking in the construction industry, are used to cover gaps between places that are too small for other materials such as timber, mortar, and concrete to fit through. Construction sealants also operate as a fire-stopping component by blocking the flow of air, dust, and insects. Construction sealants defend against environmental hazards, leakage, and seepage while also improving performance and durability.

Factors Influencing the Market
The growing global population and rising number of projects aimed at the construction of residential and commercial buildings will fuel the growth of the global construction sealants market. The market is also driven by rising infrastructural development and increasing government initiatives for the same. Construction sealants find applications in the glazing, flooring & joining, and sanitary & kitchen activities, which will drive the demand for the construction sealants market during the study period.
The benefits of construction sealants, such as long-lasting bonds and rapid adhesion properties, will contribute to the growth of the construction sealants market. Apart from that, the extensive utilization of sealants in anchoring application, ductwork, and structural glazing will also be opportunistic for the market during the study period.
Rising disposable income and changing living standards of people will drive the demand for renovation and maintenance. Therefore, it will escalate the number of construction projects, propelling the construction sealants market forward. On the contrary, environmental regulation associated with the use of construction sealants may limit the growth of the construction sealants market.

COVID-19 Impact Analysis
Due to the COVID-19 pandemic, the demand for construction sealants increased substantially. The pandemic forced governments to introduce strict laws in order to control the situation. As a result, construction projects were reduced drastically. The market also witnessed a sharp decline due to labor shortages.

Regional Analysis
The Asia-Pacific construction sealants market will grow at the fastest growth rate, owing to the growing range of projects related to constriction. Further, rising government investments in infrastructural development will contribute to the growth of the construction sealants market during the study period. The construction sealants market may also witness significant growth opportunities due to growing industrialization in the region.

Competitors in the Market
Sika AG
3M
BASF SE
H.B. Fuller Company
Cytec Solvay Group
General Electric Company
PPG Industries, Inc.
Arkema Group
Master Bond Inc.
DAP Products Inc
Henkel
Other Prominent Players

Market Segmentation
The global construction sealants market segmentation focuses on Resin Type, Technology, Function, Application, End-User, and Region.
By Resin Type
Silicone
Polyurethanes
Polysulfide
Others
By Technology
Water-based
Solvent-based
Reactive
Others
By Function
Bonding
Protection
Insulation
Soundproofing
Cable Management
Others
By Application
Glazing
Weatherproofing
Flooring & Joining
Sanitary & Kitchen
Others
By End-User
Residential
Industrial
Commercial
Others
By Region
? North America
o The U.S.
o Canada
o Mexico
? Europe
? Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
? Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
? Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
? Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
? South America
o Brazil
o Argentina
o Rest of South America