Singapore waterproofing adhesives and sealants Market in building and construction market is mainly driven by the increasing adoption of non-hazardous, green and sustainable sealant and adhesives. Moreover, the growing longer endurance and quick seal abilities on substrates are boosting the demand for waterproofing adhesives and sealants in Singapore's building and construction market. Furthermore, developing high-performance adhesives and sealants such as UV cure and eco-friendly adhesives and sealants are some of the main innovations that are likely to increase the market growth.
Data Bridge Market Research analyses that the waterproofing adhesives and sealants market in building and construction market is expected to undergo a CAGR of 6.60% during the forecast period. This indicates that the market value, which was USD 46.03 billion in 2021, would rocket up to USD 76.75 billion by 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Singapore Waterproofing Adhesives & Sealants Market in Building & Construction Market Scope and Segmentation
| Report metrics | Details |
| forecast period | 2022 to 2029 |
| base year | 2021 |
| historic year | 2020 (can be customized for 2014 – 2019) |
| quantitative unit | Revenue in USD 1 Billion, Volume in Units, Price in USD |
| segment covered | Type (Adhesive, Sealant), Application (Exterior, Interior), Application (WPS Auxiliary, Cement-Based System, Dispersion System, Joint Sealant, Joint System, Bituminous Asphalt, Bridge Floor Waterproofing, Chemical Resistant Waterproofing, Primer, Traffic System, etc.), Distribution Channels (E-Commerce, Supermarkets & Hypermarkets, Specialty Retail Stores, Convenience Stores, Hardware Stores, Others), End Users (Residential, Commercial, Institutional, Infrastructure) |
| target market players | DuPont (USA), SOLVAY (Belgium), Dow (USA), Henkel AG and Co. KgaA (Germany), 3M (USA), Bostik (France), Sika AG (Switzerland), HB Fuller (USA), BASF SE (Germany), DAP Global Inc. (USA), Owens Corning (USA), The Chemours Company (USA), Paroc Group (Finland), Kingspan Group (Ireland), DAIKIN (Japan), GAF (USA), SOLVAY (Belgium) , Saint-Gobain (France), Franklin International (USA), Illinois Tool Works Inc. ( USA), AVERY DENNISON CORPORATION (USA), Three Bond Holdings Co., Ltd. (Japan), Dymax (USA), Ashland (USA), Shell (UK) |
| market opportunity |
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market definition
Waterproof adhesives and sealants are primarily adhesives and sealants that are resistant to water. Adhesives are compounds used to join two dissimilar surfaces into a single object that cannot be easily separated. Adhesives with high shear and tensile strength, such as pastes, adhesives, mucilages and cements, are used in a variety of bonding and fastening applications. Sealants have adhesive properties and are used in the building and construction industries to fill, seal and waterproof gaps between two surfaces.
Waterproofing Adhesives & Sealants Market in Building & Construction Market Dynamics
driver
- Growing demand in waterproof adhesives and sealants market in construction and construction for multiple purposes
Waterproofing adhesives and sealants are used for waterproofing in building and construction due to increasing demand for roofing, wall coverings, ceramic tile, prefinished panels, cement, pipe cement, underfloor covering, drywall lamination, HVAC, countertop lamination and other applications. Global demand for adhesives and sealants market drives the market growth rate.
- High utilization of polyurethane in the market for waterproofing adhesives and sealants in the building and construction sector
Polyurethanes are widely used in building and construction to produce high-performance waterproof adhesives and sealants for applications such as isolation joints, roofs, expansions, foundations, gutters, and control joints in the building and construction industry. Due to their excellent waterproofing qualities, the demand for these adhesives and sealants in building and construction is increasing. These are some of the major factors that can drive the growth rate of waterproof adhesives and sealants market in building and construction market.
- Increased building and construction costs
Governments in developing countries are working to develop public infrastructure such as bridges, trains, water treatment facilities, airports, power grids, roads and telecommunications. Most of the countries are in Asia like Singapore where the environment is humid. Waterproof adhesives and sealants are necessary to preserve the life and integrity of these structures. A number of infrastructure projects, for example the construction of waterway freight corridors in India, the Cross Island line project in Singapore and the spending of about $738 million on the construction of waterway tunnel system in Singapore are increasing the demand for waterproof adhesives and sealants and driving the market growth rate. expected to tow. .
chance
- Growing demand for sustainable, eco-friendly and low VOC sealants and adhesives in the building and construction sector
Environmental regulations, specifications and restrictions are becoming increasingly prevalent. Volatile organic compounds (VOCs) come primarily from many different sources found in all indoor environments. Therefore, the growing demand for sustainable and eco-friendly Singapore waterproofing adhesives and sealants in the building and construction market is encouraging new methods of manufacturing sustainable waterproofing adhesives and sealants that help reduce VOCs. Biodegradable waterproofing adhesives and sealants are primarily designed to degrade microorganisms and bacteria in construction and construction.
Moreover, increasing modernization and technological advancements in the waterproof adhesives and sealants market, especially in the building and construction industry, will further create lucrative opportunities for the growth of the waterproof adhesives and sealants market in the building and construction market over the forecast period of 2022-2029. will.
redemption/challenge
- Raw material scarcity and price fluctuations
The availability and cost of raw materials are key factors when adhesive manufacturers estimate the operating costs of their products. Industrial inorganic chemicals, plastic resins, synthetic rubber and refined petroleum products are among the alternative raw materials also used in the waterproof adhesives and sealants industry. Many of these underlying commodities are petroleum-based derivatives that are vulnerable to commodity cost fluctuations. Oil prices have recently experienced the most dramatic fluctuations on both sides. These factors are likely to hinder the growth of the market.
Waterproof Adhesives & Sealants Market in this Building & Construction Market Report provides details on new recent developments, trade regulations, import/export analysis, production analysis, value chain optimization, market share, impact of national and local market players and covers the following Analyze opportunities from the side. Emerging revenue pockets, changes in market regulation, strategic market growth analysis, market size, category market growth, application niches and dominance, product approvals, product launches, geographic expansion, technological innovations in the market. To obtain more detailed information on the waterproofing adhesives and sealants market in the building and construction market, please contact Data Bridge Market Research for an analyst briefing. Our team will help you make informed market decisions to achieve market growth.
Effects of raw material shortages and delivery delays and current market scenarios
Data Bridge Market Research provides a high-level analysis of the market and provides information considering the impact of raw material shortages and delivery delays and the current market environment. This translates into evaluating strategic possibilities, developing effective action plans and helping businesses make important decisions.
In addition to standard reports, we offer forecasted delivery delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, procurement and other services for strategic support.
Learn more about Singapore Waterproofing Adhesives and Sealants Market Report: https://www.databridgemarketresearch.com/reports/singapore-waterproofing-adhesives-and-sealants-market
Research Methodology: Global Singapore Waterproofing Adhesives and Sealants Market
Data collection and base year analysis are performed using the Data Collection module with a large sample size. This phase involves acquiring market intelligence or related data through various sources and strategies. This includes planning and reviewing all data from past progress. Similarly, it includes a check for information discrepancies seen in various sources of information. Market data is analyzed and estimated using market statistics and consistent models. Additionally, market share analysis and key trend analysis are key success factors for the market report. To learn more, call our analysts or drop down your inquiry.
The core research methodology used by the DBMR research team is data triangulation, which includes data mining, analysis of the impact of data variables on the market, and primary (industry expert) verification. In addition to this, the data model includes vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, patent analysis, pricing analysis, company market share analysis, standard of measurement, global vs. region and vendor share analysis. To learn more about our research methodology, please contact an industry expert by contacting us.
A few key table of contents points:
Chapter 1: Singapore Waterproof Adhesives and Sealants Market Overview, Product Overview, Market Segmentation, Market Overview by Regions, Market Dynamics, Limitations, Opportunities and Industry News and Policies.
Chapter 2: Singapore Waterproof Adhesives and Sealants Market Industry Chain Analysis, Upstream Raw Material Suppliers, Major Players, Production Process Analysis, Cost Analysis, Market Channels and Major Downstream Buyers.
Chapter 3: Singapore Waterproof Adhesives & Sealants Market Value Analysis, Production, Growth Rate and Price Analysis by Type.
Chapter 4 . Singapore Waterproofing Adhesives and Sealants Market Downstream Characteristics, Consumption and Market Share by Application
Chapter 5: Volume, Price, Gross Profit and Revenue ($) of Singapore Waterproofing Adhesives and Sealants Market.
Chapter 6: Singapore Waterproof Adhesives and Sealants Market Production, Consumption, Export and Import by Region.
Chapter 7: Singapore Waterproof Adhesives and Sealants Market Status and SWOT Analysis by Region.
Chapter 8: Competitive Landscape, Product Introduction, Company Profiles, Market Distribution Status by Player in Singapore Waterproofing Adhesives and Sealants Market
Chapter 9: Singapore Waterproofing Adhesives & Sealants Market Analysis and Forecast by Type and Application.
Chapter 10: Singapore Waterproof Adhesives and Sealants Market Analysis and Forecast by Region.
Chapter 11: Singapore Waterproof Adhesives & Sealants Market Industry Characteristics, Key Factors, New Entrants Scorching Analysis, Investment Feasibility Analysis.
Chapter 12: Market Conclusion of Singapore Waterproofing Adhesives and Sealants Full Report.
Click Here to Get Detailed Table of Contents (TOC) @ https://www.databridgemarketresearch.com/toc/?dbmr=singapore-waterproofing-adhesives-and-sealants-market
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