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”.
Sika AG is the most active player in the waterproof adhesives and sealants market. It accounted for the largest share of all the development activities undertaken in the waterproof adhesives and sealants market. The company follows dynamic growth strategies with new product launches and acquisitions as the key growth strategies to enhance its presence in Asia-Pacific and North America.
Another company that has established a strong foothold in the waterproof adhesives and sealants market is Bostik SA (France). Bostik SA is focused on inorganic growth strategy and has enhanced its product portfolio with acquisition to meet the growing demand of its potential customers. In July 2012, the company acquired Usina Fortaleza (Brazil), a tile adhesive manufacturer for construction industries, which helped Bostik SA to expand its business in the RoW region.
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Asia-Pacific – The largest market for waterproof adhesives and sealants
Asia-Pacific is the largest market for waterproof adhesives and sealants with major developments witnessed in China, Japan, and India. Asia-Pacific accounted for a large share in the global Waterproof Adhesives and Sealants Market, in terms of value, in 2014. This region is expected to dominate the market till 2020. Asia-Pacific is expected to remain the largest market till 2020 with high investments in growing applications such as mining, construction, transportation, electronics & electrical industries. Also, Asia-Pacific is projected to be the fastest-growing waterproof adhesives and sealants market. This high growth is attributed to expansion of production capacity, competitive manufacturing costs, and other strategic developments.
Major players such as The 3M Company (U.S.), Huntsman advanced Materials (U.S.), Bostik S.A. (France), Dow Corning (U.S.), H.B. Fuller (U.S.), Henkel AG & Company (Germany), Mapei (Italy), Sika AG (Switzerland), and others have adopted development strategies such as acquisitions and product developments to achieve growth in the global waterproof adhesives and sealants market.
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