The global Waterproof Adhesives and Sealants Market is projected to be USD 24.75 Billion by 2020, registering a CAGR of 5.95% between 2015 and 2020.
Browse 117 tables and 39 figures spread through 145 Pages and in-depth TOC on "Waterproof Adhesives and Sealants Market”.
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Europe was the most active region, in terms of strategic initiatives undertaken between 2011 and 2015. Acquisition was the most preferred strategy in Europe. Companies such as Sika AG (Germany), Henkel AG & Company (Germany), and Bostik SA (France) made several acquisitions to serve their customers better and increase their market share.
Major manufacturers such as the 3M Company (U.S.), Huntsman Corporation (U.S.), Bostik S.A. (France), Dow Corning (U.S.), H.B. Fuller (U.S.), Henkel AG & Company (Germany), Mapei (Italy), and Sika AG (Switzerland) among others are profiled in this report. These companies have adopted both organic and inorganic growth strategies such as acquisitions and new product launches.
Sika AG and Henkel AG & Company are the most active players in the waterproof adhesives and sealants market. Sika AG accounted for a share of 57.14% each in total developments, followed by Bostik S.A. and Henkel AG & Company with a share of 14% each during the forecast period. These companies witnessed the highest strategy adoptions amongst other players in the global waterproof adhesives and sealants market.
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Building & Construction: The largest application for waterproof adhesives and sealants
The building & construction industry is the largest end user of waterproof adhesives and sealants that accounted for the major share of the market, in terms of value, in 2014. Waterproof adhesives and sealants are widely used for construction of curtain wall, glazing, marine, control joints, pre-cast concrete panel joints, tiling, and roofing applications globally due to its low cost, strong adhesion, and better performance. The market for waterproof adhesives and sealants in the building & construction application is driven by high government investment in infrastructural development activities, that is, residential and non-residential construction.
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