Building Envelope Adhesives & Sealants Market
The global building envelope adhesives & sealants market size was USD 5.1 Billion in 2023 and is projected to reach USD 7.3 Billion by 2032, expanding at a CAGR of 4.6% during 2024–2032. The market growth is attributed to the rise in desire for eco-friendly housing options and a growing awareness about energy preservation.
The building envelope adhesives & sealants encompass products designed to provide a secure and durable barrier against water, air, and temperature fluctuations in structures. Increasing awareness of environmental sustainability and energy conservation and increased focus on improving the energy efficiency of buildings increases the demand for high-performance adhesives and sealants that enhance insulation and reduce energy consumption.
Governments and regulatory bodies are implementing strict building codes or standards to enhance building performance, safety, and sustainability. Compliance with these regulations necessitates the use of high-quality adhesives and sealants that meet specific performance criteria, thereby driving the market.
The rigorous mandates set forth by regulatory bodies such as the USEPA (United States Environmental Protection Agency), Europe's Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH), Leadership in Energy and Environmental Design (LEED), and various regional authorities have encouraged adhesive and sealant manufacturers to produce environmentally friendly products with minimal or zero VOC emissions.
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In February 2023, Nippon Paint Holdings Co., Ltd. (NPHD) announced that its designated subsidiary, DuluxGroup Limited, agreed to acquire a 51% stake of N.P.T. s.r.l., an Italy-based manufacturer and supplier of sealants and adhesives.
Building Envelope Adhesives & Sealants Market Dynamics
Major Drivers
Growing preference for environmentally friendly building materials and construction practices are expected to drive the market during the projection period. Adhesives and sealants that are low in volatile organic compounds (VOCs) and comply with green building standards and certifications are gaining traction in the building & construction industry.
Rapid urbanization in emerging economies influences construction activities. This, in turn, surges construction projects, including residential, commercial, and infrastructure developments, which fuels the demand for building envelope adhesives and sealants for various applications, such as roofing, flooring, windows, and doors.
Existing Restraints
Ensuring compatibility between adhesives, sealants, and other building materials is critical, especially in retrofit or renovation projects where existing structures and materials must be considered. Compatibility issues lead to reduced performance and increased project complexity. Moreover, adapting to specific project requirements, such as extreme weather conditions, substrate types, or unique architectural designs, presents technical challenges for adhesive and sealant manufacturers and installers.
Emerging Opportunities
Rapid shift toward integrated building systems that optimize energy efficiency, comfort, and performance creates immense opportunities in the market. Adhesive and sealant manufacturers are collaborating with other building material manufacturers and suppliers to develop integrated solutions that enhance the overall performance and sustainability of building envelopes. Moreover, the increasing emphasis on sustainability and energy efficiency in construction presents a significant opportunity for manufacturers of eco-friendly adhesives and sealants. Developing products with low VOC emissions, recycled materials, and enhanced durability cater to the rising demand for sustainable building materials.
Scope of the Building Envelope Adhesives & Sealants Market Report
The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics are included in the report.
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Attributes
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Details
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Report Title
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Building Envelope Adhesives & Sealants Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2023
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Historic Data
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2017 -2022
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Forecast Period
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2024–2032
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Segmentation
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Technology (Solvent-less, Solvent-based, and Water-based), Adhesive Resin (Polyurethane, Epoxy, Acrylic, Rubber, and Others), Sealant Resin (Polyurethane, Silicone, Acrylic, Silane-modified Polymer (SMP), and Others), and Application (Facade Panel Fixing, Wall Joints, Sanitary, Passive Fire Protection, Roofing, Walls, Subfloor, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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Arkema Group; Avery Dennison Corp; Berry Global Inc; DuPont; Henkel AG & Co; H.B. Fuller; Huntsman Corp; ITW Inc; Jowat SE; LINTEC Corp; Mactac; Pidilite Industries Ltd; RPM International Inc; 3M; Sika AG; Wacker Chemie AG;
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Building Envelope Adhesives & Sealants Market Segment Analysis
Technology Analysis
Based on technology, the building envelope adhesives & sealants market is trifurcated into solvent-less, solvent-based, and water-based.
The water-based segment held a large share of the market in 2023, due to rising awareness about environmental conservation. Water-based adhesives & sealants typically have lower VOC emissions compared to solvent-based counterparts, making them environmentally friendly. The demand for building materials with reduced environmental impact grows due to the increasing environmental regulations and environmental concerns, thereby favoring water-based options.
The solvent-based segment is projected to expand at a significant pace in the coming years, owing to the versatility of solvent-based adhesives & sealants in applications, making them suitable for a wide range of substrates and conditions. They provide strong bonds even in challenging environments, including high temperatures and moisture-rich settings.
Adhesive Resin Analysis
On the basis of adhesive resin, the market is divided into polyurethane, epoxy, acrylic, rubber, and others.
The polyurethane segment is expected to dominate the market in terms of revenue generation during the forecast period, due to its excellent durability and resistance to weathering, moisture, and chemicals. Polyurethane-based adhesives form strong bonds that maintain integrity over time, contributing to the longevity and performance of building structures. Many polyurethane adhesives feature relatively fast curing times, allowing for efficient installation and quick project completion. This, in turn, increases productivity and cost savings for construction projects.
The epoxy segment is anticipated to grow rapidly during the assessment years, owing to the excellent bonding strength offered by epoxy-based adhesives, making them suitable for demanding applications where structural integrity is paramount. They form robust bonds with a variety of substrates, including metals, concrete, ceramics, and composites. Epoxy composites are available in various formulations tailored to specific requirements, such as high-temperature resistance, low shrinkage, or enhanced flexibility. This allows for customization to meet the unique needs of different building envelope applications.
Sealant Resin Analysis
Based on sealant resin, the market is segmented into polyurethane, silicone, acrylic, silane-modified polymer (SMP), and others.
The silicone segment is projected to register a considerable CAGR in the coming years, as it exhibits excellent resistance to UV radiation, extreme temperatures, moisture, and weathering, making silicone-based sealants highly durable and suitable for outdoor applications. Silicone sealants maintain their flexibility and performance in a wide range of environmental conditions, ensuring long-lasting protection for building envelopes.
Application Analysis
On the basis of application, the market is fragmented into facade panel fixing, wall joints, sanitary, passive fire protection, roofing, walls, subfloor, and others.
The facade panel fixing segment held a key market share in 2023 and is projected to expand at a significant growth rate during the forecast period, as modern architectural designs often incorporate facade panels for aesthetic appeal and functionality. These panels require secure fixing to building structures, thereby driving the demand for adhesives & sealants, particularly silicone adhesives, in facade panel installation.
The roofing segment is expected to grow at a rapid pace in the coming years, as it is an essential component of building envelopes, providing protection against weather elements such as rain, snow, and UV radiation. Adhesives & sealants play a crucial role in ensuring the integrity and weatherproofing of roofing installations.
Regional Outlook
In terms of region, the building envelope adhesives & sealants market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.
Asia Pacific held a major market share in 2023 and the market in the region is projected to expand at a CAGR of 5.5% during the forecast period, owing to the growing industrialization and urbanization in countries such as China, India, Indonesia, and Thailand. The growing middle-income population, increasing construction activities, and rising demand for adhesives and sealants from the automotive and packaging industries fuel the market.
Various automotive manufacturers in the region are using adhesives & sealants as substitutes for welding to curtail manufacturing expenses and reduce vehicle weight, thereby enhancing fuel efficiency. Similarly, the paper and packaging industries heavily use adhesives and sealants. Traditional fastening methods in the construction industry are gradually being replaced by adhesives & sealants, offering robust bonding capabilities. The rising adoption of adhesives & sealants across diverse end-use industries in Asia Pacific is anticipated to present lucrative opportunities in the market in the coming years.
The market in Europe is projected to expand at a CAGR of 5.3% during the projection period, owing to the rising demand for adhesives & sealants from the building & construction, paper & packaging, and transportation industries. The increasing e-commerce activities have spurred the demand for adhesives and sealants within the paper and packaging industries.
Segments
The building envelope adhesives & sealants market has been segmented on the basis of
Technology
- Solvent-less
- Solvent-based
- Water-based
Adhesive Resin
- Polyurethane
- Epoxy
- Acrylic
- Rubber
- Others
Sealant Resin
- Polyurethane
- Silicone
- Acrylic
- Silane-Modified Polymer (SMP)
- Others
Application
- Facade Panel Fixing
- Wall Joints
- Sanitary
- Passive Fire Protection
- Roofing
- Walls
- Subfloor
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Arkema Group
- Avery Dennison Corp
- Berry Global Inc
- DuPont
- Henkel AG & Co
- H.B. Fuller
- Huntsman Corp
- ITW Inc
- Jowat SE
- LINTEC Corp
- Mactac
- Pidilite Industries Ltd
- RPM International Inc
- 3M
- Sika AG
- Wacker Chemie AG
Competitive Landscape
Key players competing in the global building envelope adhesives & sealant market are Arkema Group; Avery Dennison Corp; Berry Global Inc; DuPont; Henkel AG & Co; H.B. Fuller; Huntsman Corp; ITW Inc; Jowat SE; LINTEC Corp; Mactac; Pidilite Industries Ltd; RPM International Inc; 3M; Sika AG; Wacker Chemie AG.
These players utilize several development strategies, including product launches, partnerships, acquisitions, and geographical expansion, to increase their global presence. For instance,
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In January 2023, H.B. Fuller, a major global adhesive manufacturer, launched Swift melt 1515-I, a bio-compatible product that aligns with IMEA (India, Middle East, and Africa) standards.
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