Waterproof adhesives
and sealants are essential products used in various industries, including
construction, automotive, marine, and aerospace. They are designed to seal and
bond materials, ensuring that they are protected from moisture and water
damage. These adhesives and sealants are specially formulated to withstand
harsh environmental conditions, such as exposure to saltwater, extreme
temperatures, and humidity.
Waterproof adhesives
and sealants offer several advantages over traditional adhesives and sealants.
They provide a superior bond strength and are resistant to water, chemicals,
and UV radiation. They are also easy to apply and cure quickly, saving time and
labor costs. Additionally, they can be used to bond a wide range of substrates,
including metals, plastics, composites, and ceramics.
In the construction
industry, waterproof adhesives and sealants are used to seal and bond roofs,
floors, and walls, preventing water intrusion and damage. They are also used in
the installation of windows and doors, providing a watertight seal that protects
the interior from moisture and air leaks. In the automotive industry, they are
used to bond and seal various components, such as windshields, sunroofs, and
body panels, ensuring that they are protected from water and air leaks.
In the marine and
aerospace industries, waterproof adhesives and sealants are used to bond and
seal various components, such as hulls, decks, and cabins. They are designed to
withstand the harsh marine and aerospace environments, including exposure to
saltwater, UV radiation, and extreme temperatures.
The global
waterproof adhesives and sealants market is highly competitive, with several
key players operating in the market. Some of the leading companies in the
market include 3M Company, Sika AG, Henkel AG & Co. KGaA, H.B. Fuller Company,
and Wacker Chemie AG. These companies are investing in R&D activities to
develop innovative and advanced waterproof adhesives and sealants to meet the
growing demand from various industries.
In conclusion,
waterproof adhesives and sealants play a critical role in protecting materials
from water and moisture damage in various industries. The market for these
products is expected to grow significantly in the coming years, driven by the
increasing demand from construction, automotive, marine, and aerospace
industries. With the development of innovative and advanced products by key
players, the future of the waterproof adhesives and sealants market looks
promising.
According to
preliminary estimates from Eurostat, the statistical office of the European
Union, the seasonally adjusted production in the construction industry of the
EU dropped by 11.7% on a monthly basis in April 2020. The disruption caused by
COVID-19 impacted the supply chain differently across the globe, resulting in
the halt of construction material supply due to travel restrictions and supply
chain disruption. To recover from the pandemic's impact, most companies focused
on maintaining their core functions in the end-use industries by limiting their
budget in the research and development department.
Waterproof adhesives
& sealants Market Dynamics
The market for
waterproof adhesives and sealants is influenced by several drivers. One of the
significant drivers is the growing investment in public infrastructure by
governments in developing countries. These countries, particularly those in
Asia with a humid climate, require waterproof adhesives to maintain and enhance
the lifespan of public infrastructure such as power grids, railways, water
treatment plants, airports, and telecommunication systems. The Asian
Infrastructure Bank and the Asia Development Bank are actively participating in
financing infrastructure pipelines in the region, which demands an annual
financing of USD 1.7 trillion. Infrastructure projects such as the Cross Island
line project in Singapore, India's waterway freight corridor, and the
development of Singapore waterway tunnel systems are set to boost the demand
for waterproof adhesives. In Europe, countries such as Spain and Italy focus on
tourism, and their public infrastructure acts as a public attraction. However,
the tourism industry was adversely affected by the COVID-19 pandemic, but it is
set to recover in Spain in 2022, reaching 88% of its pre-pandemic level.
In developed
economies like North America, infrastructure development acts as a multiplier
effect in the country's industrial and manufacturing growth. The US economy
relies heavily on its infrastructure network of roads, bridges, freight rails
and ports, and electrical grids. The infrastructure construction project
momentum index in North America was 1 in January 2022, according to Global statistics.
The US Transportation Infrastructure Finance and Innovation Act provides
cost-effective long-term financing for infrastructure projects, with nearly USD
25 billion financing done through this act, as reported by the Congressional
Research Service. In March 2022, the US government unveiled a USD 2 trillion
infrastructure plan, which is expected to further drive the market for
waterproof adhesives and sealants in the region.
Restraints in Waterproof Adhesives & Sealants Market
One of the key
restraints in the waterproof adhesives and sealants market is the volatility in
raw material prices. Adhesive manufacturers rely on raw materials such as
plastic resins, synthetic rubber, industrial inorganic chemicals, and petroleum
products, which are susceptible to fluctuations in commodity prices. Recently,
the prices of different resins have hit an all-time high due to the strong
export demand from the US and limited sales. The outbreak of the COVID-19
pandemic has also caused a rise in the prices of synthetic and bio-based
chemicals due to restricted imports and short supply, which is expected to
increase the cost of chemicals.
Opportunities in Waterproof Adhesives & Sealants
Market
On the other hand,
the growing demand for non-hazardous and sustainable adhesives presents a
significant opportunity for manufacturers in the market. Regulatory authorities
such as the USEPA, REACH, and LEED have imposed stringent regulations on the
use of hazardous chemicals and volatile organic compounds (VOCs), prompting
manufacturers to develop eco-friendly products with low or no VOC levels. As a
result, there is an increasing shift towards more sustainable products,
creating significant growth opportunities for manufacturers in the market.
Challenges in Waterproof Adhesives & Sealants Market
Strict and constantly changing regulatory policies
Manufacturers of
waterproof adhesives & sealants face a significant challenge in complying
with strict regulatory requirements that govern the adhesives & sealants
market. Compliance with local, state, country, and international volatile
organic compound (VOC) standards is mandatory, which can lead to significant
investments in revamping operations to meet new regulations. The adhesives
& sealants industry has to adapt to frequent regulatory changes, such as
the implementation of regulation (EU) No 305/2011 by The Construction Products
Regulation (CPR), which governs the marketing of construction products in the
EU. These stringent and ever-changing regulations are presenting obstacles to
the growth of the market.
The building &
construction industry is projected to hold the largest market share in the
waterproof adhesives & sealants market in terms of value during the
forecast period. In 2021, the building & construction segment accounted for
42.8% of the overall market. Waterproof adhesives & sealants are widely
used in this industry due to their durability and ability to withstand harsh weather
conditions, moisture, and sunlight. They are also used in floor joints,
bathtubs, sinks, and showers to prevent water leakage and resulting damage. By
enabling construction materials to perform better and last longer, waterproof
adhesives & sealants play a crucial role in the building and construction
industry.
The waterproof
adhesives & sealants market is expected to experience rapid growth, with
the polyurethanes segment projected to be the second fastest-growing chemistry
segment, in terms of value, during the forecast period. Polyurethanes are
widely used in high-performance waterproof adhesives & sealants for
building & construction applications, such as roofing, gutters, and
foundation. They are also used in the electronics & electrical industry to
encapsulate, seal, and insulate fragile, underwater cables, and printed circuit
boards.
Asia Pacific is
expected to be the fastest-growing region in the waterproof adhesives &
sealants market, with a projected CAGR of 6.5% in terms of value during the
forecasted period. This growth can be attributed to the increasing demand for
waterproof adhesives and sealants in the residential industry in Asia Pacific,
driven by factors such as population growth, rising disposable income, and
increased investments in Southeast Asian countries. This growth in the
residential end-use industry is expected to further augment the demand for
waterproof adhesives & sealants in the Asia Pacific region.
Major players
operating in the global Waterproof Adhesives & Sealants Market
- HENKEL AG
- H. B. FULLER
- BOSTIK SA
- SIKA AG
- DOW
- 3M
- AVERY DENNISON
CORPORATION
- HUNTSMAN CORPORATION
- MAPEI SPA
- RPM INTERNATIONAL
- BERRY GLOBAL INC.
- DYMAX CORP.
- FRANKLIN
INTERNATIONAL
- GENERAL SEALANTS
- ILLINOIS TOOL WORKS
INC.
- JOWAT CORP.
- KLEBCHEMIE M.G.
BECKER
- LORD CORPORATION
(PARKER HANNIFIN)
- MACTAC NORTH AMERICA
- PIDILITE INDUSTRIES
- SASHCO
- SOUDAL GROUP
- THE REYNOLDS CO.
- UNISEAL INC
Recent Developments
in Waterproof Adhesives & Sealants Market
In December 2020,
H.B. Fuller introduced new adhesive grades with hot melt advanced technology
for extreme cold storage of vaccines and medication packaging. The Advantra
adhesives have the ability to provide a secure bond at -94°F and feature
tamper-evident fiber tear, ensuring the safety and integrity of the package contents.
In February 2022,
H.B. Fuller expanded its footprint in the waterproof adhesives and sealants
market by acquiring Fourny nv, a company based in Belgium. The acquisition
includes a factory and an R&D center located in Willebroek, Antwerp. Fourny
is now operating within H.B. Fuller's existing Construction Adhesives global
business unit. This acquisition enhances H.B. Fuller's product offering and
strengthens its position in the market.
The Waterproof
Adhesives & Sealants Market is witnessing significant growth in recent
years due to increasing demand for waterproofing solutions across various
industries, including construction, automotive, and electronics. Waterproof
adhesives and sealants are widely used in these industries to prevent water
ingress, corrosion, and damage.
One recent
development in the Waterproof Adhesives & Sealants Market is the increasing
use of eco-friendly and sustainable materials. Many companies are now focusing
on developing adhesives and sealants that are free from harmful chemicals and
can be recycled or disposed of safely. For example, in 2021, 3M launched a new
eco-friendly sealant called "3M Marine Adhesive Sealant Fast Cure
4200FS" that is free from harmful chemicals and can be used for a variety
of marine applications.
Another development
in the Waterproof Adhesives & Sealants Market is the increasing use of
automation technologies. Automation enables manufacturers to produce adhesives
and sealants more efficiently and at a larger scale. For example, automated
systems can be used to control the mixing and dispensing of adhesives and
sealants, leading to higher yields and reduced production costs.
The Waterproof
Adhesives & Sealants Market is also seeing increased collaboration between
manufacturers and end-users. For example, in 2021, H.B. Fuller announced a
partnership with Covestro to develop new adhesive solutions for the
construction industry. This partnership aims to develop new adhesives and
sealants that are more sustainable and have improved performance
characteristics.
Finally, the Waterproof
Adhesives & Sealants Market is also seeing increased investment in research
and development. This investment is driving the development of new adhesive and
sealant technologies and products. For example, in 2021, BASF announced a $10
million investment in the development of new adhesives and sealants for the
automotive industry.
In conclusion, the
Waterproof Adhesives & Sealants Market is rapidly evolving, driven by
advancements in technology and the increasing demand for eco-friendly and
sustainable materials. The increasing use of automation technologies,
collaboration between manufacturers and end-users, and increased investment in
research and development are just a few recent developments that are shaping
the future of the Waterproof Adhesives & Sealants Market.
1.
Research Sources
We at Zettabyte Analytics have a
detailed and related research methodology focussed on estimating the market
size and forecasted value for the given market. Comprehensive research
objectives and scope were obtained through secondary research of the parent and
peer markets. The next step was to validate our research by various market
models and primary research. Both top-down and bottom-up approaches were
employed to estimate the market. In addition to all the research reports, data
triangulation is one of the procedures used to evaluate the market size of
segments and sub-segments.
Research Methodology

1.1. Secondary Research
The secondary research study involves various sources and databases used
to analyze and collect information for the market-oriented survey of a specific
market. We use multiple databases for our exhaustive secondary research, such
as Factiva, Dun & Bradstreet, Bloomberg, Research article, Annual reports,
Press Release, and SEC filings of significant companies. Apart from this, a
dedicated set of teams continuously extracts data of key industry players and
makes an extensive and unique segmentation related to the latest market
development.
1.2. Primary Research
The primary research includes gathering data from specific domain
experts through a detailed questionnaire, emails, telephonic interviews, and
web-based surveys. The primary interviewees for this study include an expert
from the demand and supply side, such as CEOs, VPs, directors, sales heads, and
marketing managers of tire 1,2, and 3 companies across the globe.
1.3. Data Triangulation
The data triangulation is very important for any market study, thus we
at Zettabyte Analytics focus on at least three sources to ensure a high level
of accuracy. The data is triangulated by studying various factors and trends
from both supply and demand side. All the reports published and stored in our
repository follows a detailed process to obtain a reliable insight for our
clients.
1.4. In-House Verification
To validate the segmentation
and verify the data collected, our market expert ensures whether our research
analyst is considering fine distinction before analyzing the market.
1.5. Reporting
In the end,
presenting our research reports complied in a different format for straightforward
valuation such as ppt, pdf, and excel data pack is done.