PUNE, India, Oct. 12, 2017 /PRNewswire-iReach/ --The construction sealants market in the Middle East & Africa region is driven by arise in infrastructural projects, untapped growth potential in growing economies, and increasing urbanization. Growth in middle-class population and rise in demand for new houses due to the increasing number of nuclear families is fueling the construction sealants market in the region. Rising urbanization across the Sub-Saharan Africa and long-term demographic growth have driven the construction sealants market in the region.
Browse 113 Market Data Tables and 41 Figures spread through 189 Pages and in-depth TOC on "Construction Sealants Market by Resin Type (Silicone, Polyurethane, Polysulfide), Application (Glazing, Flooring & Joining, Sanitary & Kitchen), and Region (Asia-Pacific, Europe, North America, South America, Middle East & Africa) - Global Forecast to 2022" http://www.rnrmarketresearch.com/construction-sealants-market-by-resin-type-silicone-polyurethane-polysulfide-and-others-by-application-glazing-flooring-and-joining-kitchen-and-sanitary-and-other-applications-by-region-g-market-report.html .
Key companies profiled in construction sealants market report are 3M (U.S.), Bostik (France), Sika (Switzerland), H.B. Fuller (U.S.), Henkel (Germany), BASF (Germany), Dow (U.S.), Wacker (Germany), General Electric (U.S.), MAPEI (Italy), Asian Paints (India), ITW (U.S.), Soudal (Belgium), Konishi (Japan), DAP Products (U.S.), Pidilite (India), KCC (Korea), Yokohama Rubber (Japan), Franklin (U.S.), Selena (Poland), Kömmerling (Germany), PCI (Germany), Hodgson Sealants (U.K.), Pecora (U.S.), and Euclid (U.S.).
The rising demand for construction sealants in the Middle East & Africa is driving the market in the region. The Middle East & Africa is expected to witness moderate growth in the coming years. Building & construction is expected to emerge as a key sector in the region. Several leading global players have established their manufacturing plants in the Middle East & Africa to cater to the growing demand for construction sealants in the region. The demand for high-performance, cost-effective, and environment-friendly building products continues to increase, as the building & construction industry adapts to meet challenges related to energy efficiency, economic constraints, and demand for high-end structures.
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Based on resin type, the silicone segment is estimated to lead the construction sealants market during the forecast period. Silicone sealants are widely used in glazing, bathroom, and kitchen applications. The increasing use of silicone sealants in expansion joints for joining dissimilar materials, which provide weather protection to high-rise buildings and flexibility for airport runways and highways, as these sealants remain pliable and do not crack in warm weather or become brittle and crack in cold weather, is driving the market.
The glazing application segment is projected to lead the construction sealants market during the forecast period. The Asia-Pacific construction sealants market in the glazing application is mainly influenced by the growing housing sector, ongoing urbanization, rising income levels, and favorable government policies. However, environmental regulations in North American and European countries may restrain the growth of the market.
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Breakup of primary interviews:
- By Company Type: Tier 1 - 42%, Tier 2 - 25%, and Tier 3 - 33%
- By Designation: C level - 36%, D level - 19%, and Others - 45%
- By Region: Europe - 42%, North America - 25%, Asia-Pacific - 17%, South America - 8%, and the Middle East & Africa - 8%
Research Coverage: The construction sealants market report covers segmentations, which include by resin type (silicone, polyurethane, polysulfide, and others), and application (glazing, flooring & joining, sanitary & kitchen, and others). The application segments have been further analyzed for each country across regions. The research report has focused on various levels of analyses - industry analysis (industry trends), market share analysis of top players, value chain analysis, and company profiles, which together comprise and discuss the basic views on competitive landscape, emerging and high-growth segments of the construction sealants market, high-growth regions, and market drivers, restraints, and opportunities.
Another research titled Silicone Structural Glazing Market Global Forecast to 2022 says, the silicone structural glazing market is projected to grow at a CAGR of 8.90% from 2017 to reach $43.95 billion by 2022. The commercial sector is projected to dominate the silicone structural glazing market through 2022. The Asia Pacific silicone structural glazing market is projected to be the fastest-growing during the forecast period. Companies such as Nippon Sheet Glass Co. Ltd. (Japan), Asahi Glass Co., Ltd (Japan), PPG Industries, Inc. (US), Arkema SA (France), Saint-Gobain S.A. (France), Sika AG (Switzerland), Dow Chemical Company (US), 3M Company (US), YKK Corporation (Japan), Permasteelisa S.p.A. (Italy) have been profiled in this 186 pages research report available at http://www.rnrmarketresearch.com/contacts/request-sample?rname=1207962 .
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