Table of Content

1 INTRODUCTION 29
1.1 OBJECTIVES OF THE STUDY 29
1.2 MARKET DEFINITION 29
1.3 MARKET SCOPE 30
FIGURE 1 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SEGMENTATION 30
TABLE 1 INCLUSIONS AND EXCLUSIONS 30
1.3.1 REGIONS COVERED 31
1.3.2 YEARS CONSIDERED FOR THE STUDY 31
1.4 CURRENCY 32
1.5 UNIT CONSIDERED 32
1.6 STAKEHOLDERS 32
2 RESEARCH METHODOLOGY 33
2.1 RESEARCH DATA 33
FIGURE 2 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET: RESEARCH DESIGN 33
2.1.1 SECONDARY DATA 34
2.1.1.1 Key data from secondary sources 34
2.1.2 PRIMARY DATA 35
2.1.2.1 Key data from primary sources 35
2.1.2.2 Key industry insights 36
2.1.2.3 Breakdown of primary interviews 36
2.1.2.4 Primary data sources 37
2.2 MARKET SIZE ESTIMATION 37
2.2.1 BOTTOM-UP APPROACH 37
FIGURE 3 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 38
2.2.2 TOP-DOWN APPROACH 39
FIGURE 4 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 39
2.3 DATA TRIANGULATION 40
FIGURE 5 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET: DATA TRIANGULATION 40
2.4 ASSUMPTIONS 41
2.5 RISK ANALYSIS ASSESSMENT 42
2.6 LIMITATIONS 42
2.7 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST 42
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3 EXECUTIVE SUMMARY 43
TABLE 2 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SNAPSHOT,
2021 VS. 2026 44
FIGURE 6 FA?ADE PANEL FIXING APPLICATION DOMINATED THE BUILDING ENVELOPE SEALANTS MARKET IN 2020 45
FIGURE 7 ROOFING APPLICATION DOMINATED THE BUILDING ENVELOPE ADHESIVES MARKET IN 2020 45
FIGURE 8 APAC TO BE THE FASTEST-GROWING BUILDING ENVELOPE ADHESIVES
& SEALANTS MARKET 46
4 PREMIUM INSIGHTS 47
4.1 ATTRACTIVE OPPORTUNITIES IN THE BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET 47
FIGURE 9 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET TO WITNESS MODERATE GROWTH BETWEEN 2021 AND 2026 47
4.2 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET, BY SEALANT APPLICATION 47
FIGURE 10 FA?ADE PANEL FIXING TO BE THE LARGEST SEALANT APPLICATION 47
4.3 APAC: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET, BY SEALANT APPLICATION AND COUNTRY, 2020 48
FIGURE 11 CHINA AND FA?ADE PANEL FIXING SEGMENTS ACCOUNTED FOR THE LARGEST SHARES 48
4.4 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET: DEVELOPED VS. DEVELOPING COUNTRIES 48
FIGURE 12 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET TO WITNESS HIGHER GROWTH IN DEVELOPING COUNTRIES 48
4.5 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET: GROWING DEMAND FROM APAC 49
FIGURE 13 INDIA TO REGISTER THE HIGHEST CAGR IN APAC MARKET 49
4.6 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET: MAJOR COUNTRIES 49
FIGURE 14 CHINA AND INDIA TO EMERGE AS LUCRATIVE MARKETS 49
5 MARKET OVERVIEW 50
5.1 INTRODUCTION 50
5.2 GREEN BUILDING OUTLOOK 50
TABLE 3 INVESTMENT OPPORTUNITY BY PROPERTY TYPE AND REGION AMONG GREEN BUILDING MARKET (USD BILLION) 51
5.3 INCENTIVES FOR GREEN BUILDING CONSTRUCTION 51
5.4 MARKET DYNAMICS 53
5.4.1 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES, IN THE BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET 53
5.4.2 DRIVERS 54
5.4.2.1 Reduction in energy consumption and its related cost 54
5.4.2.2 Increased demand for construction adhesives & sealants in residential housing and infrastructure sectors 54
5.4.2.3 Development of green buildings 54
5.4.2.4 Presence of stringent building energy codes 55
5.4.3 RESTRAINTS 55
5.4.3.1 Environmental regulations in the North American and
European countries 55
5.4.4 OPPORTUNITIES 55
5.4.4.1 High energy requirements 55
5.4.4.2 Growing demand for low-VOC, green, and sustainable adhesives 55
5.4.5 CHALLENGES 56
5.4.5.1 Lack of awareness 56
5.5 PORTER’S FIVE FORCES ANALYSIS 56
FIGURE 15 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET: PORTER’S FIVE FORCES ANALYSIS 56
TABLE 4 PORTER’S FIVE FORCES ANALYSIS 57
5.5.1 INTENSITY OF COMPETITIVE RIVALRY 57
5.5.2 BARGAINING POWER OF BUYERS 57
5.5.3 BARGAINING POWER OF SUPPLIERS 57
5.5.4 THREAT OF SUBSTITUTES 58
5.5.5 THREAT OF NEW ENTRANTS 58
5.6 MACROECONOMIC OVERVIEW AND KEY TRENDS 58
5.6.1 INTRODUCTION 58
5.6.2 TRENDS AND FORECAST OF GDP 58
TABLE 5 GDP PERCENTAGE CHANGE OF KEY COUNTRIES, 2018–2025 59
5.7 COVID-19 IMPACT 60
5.7.1 COVID-19 ECONOMIC ASSESSMENT 60
FIGURE 16 LATEST WORLD ECONOMIC OUTLOOK GROWTH PROJECTIONS 62
5.7.2 COVID-19 ECONOMIC IMPACT – SCENARIO ASSESSMENT 62
FIGURE 17 FACTORS IMPACTING ECONOMY OF SELECT G20 COUNTRIES IN 2020 62
FIGURE 18 SCENARIO-BASED ANALYSIS OF IMPACT OF COVID-19 ON BUSINESSES 64
5.8 EXPORT-IMPORT TRADE STATISTICS 65
5.8.1 TRADE SCENARIO 2017–2019 65
TABLE 6 COUNTRY-WISE EXPORT DATA, 2017–2019 65
TABLE 7 COUNTRY-WISE IMPORT DATA, 2017–2019 70
5.9 AVERAGE SELLING PRICE ANALYSIS 76
FIGURE 19 AVERAGE SELLING PRICE OF BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION 76
5.10 PATENTS ANALYSIS 76
5.10.1 METHODOLOGY 76
5.10.2 PUBLICATION TRENDS 77
FIGURE 20 NUMBER OF PATENTS PUBLISHED, 2016–2021 77
5.10.3 PATENTS ANALYSIS BY JURISDICTION 77
FIGURE 21 PATENTS PUBLISHED BY EACH JURISDICTION, 2016–2021 77
5.10.4 TOP APPLICANTS 78
FIGURE 22 PATENTS PUBLISHED BY MAJOR APPLICANTS, 2016–2021 78
TABLE 8 RECENT PATENTS, BY COMPANY 78
5.11 REGULATIONS 79
5.11.1 LEED STANDARDS 79
TABLE 9 BY ARCHITECTURAL APPLICATIONS 79
TABLE 10 BY SPECIALTY APPLICATIONS 79
TABLE 11 BY SUBSTRATE-SPECIFIC APPLICATIONS 80
TABLE 12 BY SEALANT PRIMERS 80
5.12 CASE STUDY ANALYSIS 80
5.13 VALUE CHAIN ANALYSIS 81
FIGURE 23 BUILDING ENVELOPE ADHESIVES & SEALANTS: VALUE CHAIN ANALYSIS 82
5.14 TECHNOLOGY ANALYSIS 82
5.15 BUILDING ENVELOPE ADHESIVES & SEALANTS ECOSYSTEM 83
TABLE 13 BUILDING ENVELOPE ADHESIVES & SEALANTS ECOSYSTEM 83
6 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET, BY TECHNOLOGY 84
6.1 INTRODUCTION 85
TABLE 14 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY TECHNOLOGY, 2019–2026 (USD MILLION) 85
TABLE 15 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY TECHNOLOGY, 2019–2026 (KILOTON) 85
6.2 SOLVENT-LESS 86
6.2.1 STRINGENT REGULATIONS ABOUT LOW-VOC USAGE TO DRIVE THE GROWTH OF THIS TECHNOLOGY 86
TABLE 16 SOLVENT-LESS TECHNOLOGY MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (USD MILLION) 86
TABLE 17 SOLVENT-LESS TECHNOLOGY MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (KILOTON) 86
6.3 SOLVENT-BASED 87
6.3.1 THE TECHNOLOGY HAS LOST A SIGNIFICANT MARKET SHARE TO OTHER ADHESIVE TECHNOLOGIES 87
TABLE 18 SOLVENT-BASED TECHNOLOGY MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (USD MILLION) 87
TABLE 19 SOLVENT-BASED TECHNOLOGY MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (KILOTON) 87
6.4 WATER-BASED 88
6.4.1 INCREASING ADOPTION OF GREEN PRODUCTS TO DRIVE THE DEMAND 88
TABLE 20 WATER-BASED TECHNOLOGY MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (USD MILLION) 89
TABLE 21 WATER-BASED TECHNOLOGY MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (KILOTON) 89
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7 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET,
BY ADHESIVE RESIN 90
7.1 INTRODUCTION 91
TABLE 22 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE RESIN, 2019–2026 (USD MILLION) 91
TABLE 23 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE RESIN, 2019–2026 (KILOTON) 91
7.2 POLYURETHANE 91
7.2.1 USE OF POLYURETHANE ADHESIVES IN VARIOUS APPLICATIONS TO BOOST THE DEMAND 91
TABLE 24 POLYURETHANE ADHESIVE RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (USD MILLION) 92
TABLE 25 POLYURETHANE ADHESIVE RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (KILOTON) 92
7.3 EPOXY 93
7.3.1 GROWTH IS FUELED BY THE WIDE USE OF EPOXIES IN DEMANDING APPLICATIONS 93
TABLE 26 EPOXY ADHESIVE RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES
& SEALANTS, BY REGION, 2019–2026 (USD MILLION) 93
TABLE 27 EPOXY ADHESIVE RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES
& SEALANTS, BY REGION, 2019–2026 (KILOTON) 94
7.4 ACRYLIC 94
7.4.1 FAST SETTING TIME AND ECONOMICAL PRICE MAKE THEM SUITABLE FOR BUILDING & CONSTRUCTION APPLICATIONS 94
TABLE 28 ACRYLIC ADHESIVE RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (USD MILLION) 95
TABLE 29 ACRYLIC ADHESIVE RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (KILOTON) 95
7.5 RUBBER 95
7.5.1 CONTACT ADHESIVES LIKE RUBBER GAIN STRENGTH OVER TIME, MAKING THEM USEFUL IN VARIOUS APPLICATIONS 95
TABLE 30 RUBBER ADHESIVE RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (USD MILLION) 96
TABLE 31 RUBBER ADHESIVE RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (KILOTON) 96
7.6 OTHERS 96
TABLE 32 OTHER ADHESIVE RESINS MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (USD MILLION) 97
TABLE 33 OTHER ADHESIVE RESINS MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (KILOTON) 97
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8 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET,
BY ADHESIVE APPLICATION 98
8.1 INTRODUCTION 99
TABLE 34 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE APPLICATION, 2019–2026 (USD MILLION) 99
TABLE 35 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE APPLICATION, 2019–2026 (KILOTON) 99
8.2 ROOFING 100
8.2.1 USE OF THERMAL INSULATION SOLUTIONS TO MINIMIZE SOLAR HEAT GAIN IN SUMMER AND HEAT LOSS IN WINTER THROUGH ROOF TO DRIVE THE GROWTH 100
TABLE 36 BUILDING ENVELOPE ADHESIVES MARKET SIZE IN ROOFING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 100
TABLE 37 BUILDING ENVELOPE ADHESIVES MARKET SIZE IN ROOFING APPLICATION, BY REGION, 2019–2026 (KILOTON) 100
8.3 WALLS 101
8.3.1 CONSUMER DISPOSABLE INCOME GROWTH, POPULATION GROWTH, INCREASED GOVERNMENT INFRASTRUCTURE DEVELOPMENT INITIATIVES, AND PARTNERSHIPS WITH INTERNATIONAL INVESTORS ARE DRIVING THE MARKET IN APAC 101
TABLE 38 BUILDING ENVELOPE ADHESIVES MARKET SIZE IN WALLS APPLICATION,
BY REGION, 2019–2026 (USD MILLION) 101
TABLE 39 BUILDING ENVELOPE ADHESIVES MARKET SIZE IN WALLS APPLICATION,
BY REGION, 2019–2026 (KILOTON) 101
8.4 SUBFLOOR 102
8.4.1 INCREASED SPENDING ON HOUSING AND INFRASTRUCTURAL ACTIVITIES, LOW COST, AND ZERO MAINTENANCE DRIVE THE DEMAND 102
TABLE 40 BUILDING ENVELOPE ADHESIVES MARKET SIZE IN SUBFLOOR APPLICATION, BY REGION, 2019–2026 (USD MILLION) 102
TABLE 41 BUILDING ENVELOPE ADHESIVES MARKET SIZE IN SUBFLOOR APPLICATION, BY REGION, 2019–2026 (KILOTON) 102
8.5 OTHERS 103
TABLE 42 BUILDING ENVELOPE ADHESIVES MARKET SIZE IN OTHER APPLICATIONS,
BY REGION, 2019–2026 (USD MILLION) 103
TABLE 43 BUILDING ENVELOPE ADHESIVES MARKET SIZE IN OTHER APPLICATIONS,
BY REGION, 2019–2026 (KILOTON) 103
9 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET, BY SEALANT RESIN 104
9.1 INTRODUCTION 105
TABLE 44 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT RESIN, 2019–2026 (USD MILLION) 105
TABLE 45 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT RESIN, 2019–2026 (KILOTON) 105
9.2 POLYURETHANE 106
9.2.1 GROWTH OF GREEN BUILDINGS IN APAC TO THE DRIVE THE DEMAND 106
TABLE 46 POLYURETHANE SEALANT RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (USD MILLION) 107
TABLE 47 POLYURETHANE SEALANT RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (KILOTON) 107
9.3 SILICONE 108
9.3.1 SILICONE PRODUCTS TO CONTINUE REPLACING LOWER PERFORMANCE SEALANTS 108
TABLE 48 SILICONE SEALANT RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (USD MILLION) 108
TABLE 49 SILICONE SEALANT RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (KILOTON) 109
9.4 ACRYLIC 109
9.4.1 LOW CURING TIME, HIGH RESISTANCE TO SUNLIGHT, AND DURABILITY IN HUMIDITY TO DRIVE THE GROWTH 109
TABLE 50 ACRYLIC SEALANT RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (USD MILLION) 110
TABLE 51 ACRYLIC SEALANT RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES & SEALANTS, BY REGION, 2019–2026 (KILOTON) 110
9.5 SILANE MODIFIED POLYMER (SMP) 110
9.5.1 GROWTH IN RENOVATION WORK AND RISING DEMAND FROM EMERGING COUNTRIES TO DRIVE THE MARKET 110
TABLE 52 SMP SEALANT RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES
& SEALANTS, BY REGION, 2019–2026 (USD MILLION) 111
TABLE 53 SMP SEALANT RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES
& SEALANTS, BY REGION, 2019–2026 (KILOTON) 111
9.6 OTHERS 111
TABLE 54 OTHER SEALANT RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES
& SEALANTS, BY REGION, 2019–2026 (USD MILLION) 112
TABLE 55 OTHER SEALANT RESIN MARKET SIZE IN BUILDING ENVELOPE ADHESIVES
& SEALANTS, BY REGION, 2019–2026 (KILOTON) 112
10 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET, BY SEALANT APPLICATION 113
10.1 INTRODUCTION 114
TABLE 56 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT APPLICATION, 2019–2026 (USD MILLION) 114
TABLE 57 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT APPLICATION, 2019–2026 (KILOTON) 114
10.2 FA?ADE PANEL FIXING 115
10.2.1 GROWING FA?ADE MATERIALS AND SYSTEM MARKET AND NEW TECHNOLOGIES TO BOOST THE DEMAND 115
TABLE 58 BUILDING ENVELOPE SEALANT MARKET SIZE IN FA?ADE PANEL FIXING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 115
TABLE 59 BUILDING ENVELOPE SEALANT MARKET SIZE IN FA?ADE PANEL FIXING APPLICATION, BY REGION, 2019–2026 (KILOTON) 116
10.3 WALL JOINTS 116
10.3.1 INCREASED BUILDING AND DEVELOPMENT ACTIVITIES, AS WELL AS INCREASED KNOWLEDGE OF ENVIRONMENTAL RISKS, ARE DRIVING THE DEMAND IN DEVELOPING ECONOMIES 116
TABLE 60 BUILDING ENVELOPE SEALANT MARKET SIZE IN WALL JOINTS APPLICATION, BY REGION, 2019–2026 (USD MILLION) 117
TABLE 61 BUILDING ENVELOPE SEALANT MARKET SIZE IN WALL JOINTS APPLICATION, BY REGION, 2019–2026 (KILOTON) 117
10.4 SANITARY 118
10.4.1 THE INCREASING STANDARD OF LIVING IN EMERGING COUNTRIES IS LEADING TO INCREASED DEMAND FOR HOUSING 118
TABLE 62 BUILDING ENVELOPE SEALANT MARKET SIZE IN SANITARY APPLICATION,
BY REGION, 2019–2026 (USD MILLION) 118
TABLE 63 BUILDING ENVELOPE SEALANT MARKET SIZE IN SANITARY APPLICATION,
BY REGION, 2019–2026 (KILOTON) 118
10.5 PASSIVE FIRE PROTECTION 119
10.5.1 BINDING SAFETY STANDARDS IN COMMERCIAL, MANUFACTURING, AND RESIDENTIAL BUILDINGS TO INCREASE THE DEMAND 119
TABLE 64 BUILDING ENVELOPE SEALANT MARKET SIZE IN PASSIVE FIRE PROTECTION APPLICATION, BY REGION, 2019–2026 (USD MILLION) 119
TABLE 65 BUILDING ENVELOPE SEALANT MARKET SIZE IN PASSIVE FIRE PROTECTION APPLICATION, BY REGION, 2019–2026 (KILOTON) 119
TABLE 66 BUILDING ENVELOPE SEALANT MARKET SIZE IN ROOFING APPLICATION,
BY REGION, 2019–2026 (USD MILLION) 120
TABLE 67 BUILDING ENVELOPE SEALANT MARKET SIZE IN ROOFING APPLICATION,
BY REGION, 2019–2026 (KILOTON) 120
TABLE 68 BUILDING ENVELOPE SEALANT MARKET SIZE IN WALLS APPLICATION,
BY REGION, 2019–2026 (USD MILLION) 120
TABLE 69 BUILDING ENVELOPE SEALANT MARKET SIZE IN WALLS APPLICATION,
BY REGION, 2019–2026 (KILOTON) 121
TABLE 70 BUILDING ENVELOPE SEALANT MARKET SIZE IN SUBFLOOR APPLICATION,
BY REGION, 2019–2026 (USD MILLION) 121
TABLE 71 BUILDING ENVELOPE SEALANT MARKET SIZE IN SUBFLOOR APPLICATION,
BY REGION, 2019–2026 (KILOTON) 121
10.6 OTHERS 122
TABLE 72 BUILDING ENVELOPE SEALANT MARKET SIZE IN OTHER APPLICATIONS, 2019–2026 (USD MILLION) 122
TABLE 73 BUILDING ENVELOPE SEALANT MARKET SIZE IN OTHER APPLICATIONS, 2019–2026 (KILOTON) 122
11 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET, BY REGION 123
11.1 INTRODUCTION 124
TABLE 74 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 125
TABLE 75 BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2019–2026 (KILOTON) 125
11.2 APAC 126
11.2.1 IMPACT OF COVID-19 ON APAC 126
FIGURE 24 APAC: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SNAPSHOT 127
TABLE 76 APAC: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY COUNTRY, 2019–2026 (USD MILLION) 128
TABLE 77 APAC: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY COUNTRY, 2019–2026 (KILOTON) 128
TABLE 78 APAC: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY ADHESIVE RESIN, 2019–2026 (USD MILLION) 129
TABLE 79 APAC: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY ADHESIVE RESIN, 2019–2026 (KILOTON) 129
TABLE 80 APAC: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY TECHNOLOGY, 2019–2026 (USD MILLION) 129
TABLE 81 APAC: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY TECHNOLOGY, 2019–2026 (KILOTON) 130
TABLE 82 APAC: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY ADHESIVE APPLICATION, 2019–2026 (USD MILLION) 130
TABLE 83 APAC: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY ADHESIVE APPLICATION, 2019–2026 (KILOTON) 130
TABLE 84 APAC: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY SEALANT RESIN, 2019–2026 (USD MILLION) 130
TABLE 85 APAC: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY SEALANT RESIN, 2019–2026 (KILOTON) 131
TABLE 86 APAC: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY SEALANT APPLICATION, 2019–2026 (USD MILLION) 131
TABLE 87 APAC: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY SEALANT APPLICATION, 2019–2026 (KILOTON) 131
11.2.2 CHINA 132
11.2.2.1 Largest market for building envelope adhesives & sealants in APAC 132
11.2.3 JAPAN 132
11.2.3.1 Government initiatives regarding energy consumption performance
of buildings is expected to boost the demand 132
11.2.4 SOUTH KOREA 133
11.2.4.1 Growing population and an increase in tourism are expected to drive the construction industry 133
11.2.5 INDIA 134
11.2.5.1 Government aid for residential sectors, coupled with increasing stringency of the energy conservation building code, to drive
the growth 134
11.2.6 THAILAND 135
11.2.6.1 Government’s spending on infrastructure projects drives the demand in the country 135
11.2.7 INDONESIA 135
11.2.7.1 The presence of building energy code in the country drives the demand for building envelope adhesives & sealants 135
11.2.8 PHILIPPINES 135
11.2.8.1 Government spending on infrastructure development to boost the demand 135
11.2.9 REST OF APAC 136
11.3 NORTH AMERICA 137
11.3.1 IMPACT OF COVID-19 ON NORTH AMERICA 137
FIGURE 25 NORTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS
MARKET SNAPSHOT 138
TABLE 88 NORTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION) 138
TABLE 89 NORTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTON) 139
TABLE 90 NORTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE RESIN, 2019–2026 (USD MILLION) 139
TABLE 91 NORTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE RESIN, 2019–2026 (KILOTON) 139
TABLE 92 NORTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION) 139
TABLE 93 NORTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTON) 140
TABLE 94 NORTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE APPLICATION, 2019–2026 (USD MILLION) 140
TABLE 95 NORTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE APPLICATION, 2019–2026 (KILOTON) 140
TABLE 96 NORTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT RESIN, 2019–2026 (USD MILLION) 140
TABLE 97 NORTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT RESIN, 2019–2026 (KILOTON) 141
TABLE 98 NORTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT APPLICATION, 2019–2026 (USD MILLION) 141
TABLE 99 NORTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT APPLICATION, 2019–2026 (KILOTON) 141
11.3.2 US 142
11.3.2.1 Building Energy Codes implemented by Department of Energy (DoE) to drive the growth 142
11.3.3 CANADA 143
11.3.3.1 Increasing use of building envelope, lighting, HVAC, and insulation to adhere to energy codes to drive the growth 143
11.3.4 MEXICO 143
11.3.4.1 The growing residential construction, coupled with implementation of energy codes, is driving the demand 143
11.4 EUROPE 144
11.4.1 IMPACT OF COVID-19 ON EUROPE 144
FIGURE 26 EUROPE: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SNAPSHOT 145
TABLE 100 EUROPE: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY COUNTRY, 2019–2026 (USD MILLION) 146
TABLE 101 EUROPE: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY COUNTRY, 2019–2026 (KILOTON) 146
TABLE 102 EUROPE: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY ADHESIVE RESIN, 2019–2026 (USD MILLION) 147
TABLE 103 EUROPE: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY ADHESIVE RESIN, 2019–2026 (KILOTON) 147
TABLE 104 EUROPE: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY TECHNOLOGY, 2019–2026 (USD MILLION) 147
TABLE 105 EUROPE: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY TECHNOLOGY, 2019–2026 (KILOTON) 147
TABLE 106 EUROPE: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY ADHESIVE APPLICATION, 2019–2026 (USD MILLION) 148
TABLE 107 EUROPE: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY ADHESIVE APPLICATION, 2019–2026 (KILOTON) 148
TABLE 108 EUROPE: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY SEALANT RESIN, 2019–2026 (USD MILLION) 148
TABLE 109 EUROPE: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY SEALANT RESIN, 2019–2026 (KILOTON) 149
TABLE 110 EUROPE: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY SEALANT APPLICATION, 2019–2026 (USD MILLION) 149
TABLE 111 EUROPE: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE,
BY SEALANT APPLICATION, 2019–2026 (KILOTON) 149
11.4.2 GERMANY 150
11.4.2.1 EnEG and EnEV codes to positively impact the building envelope adhesives & sealants market 150
11.4.3 FRANCE 151
11.4.3.1 Implementation of energy policies and growing population to boost the demand 151
11.4.4 UK 152
11.4.4.1 Strong construction growth coupled with energy efficiency certificates implementation to boost the demand 152
11.4.5 ITALY 153
11.4.5.1 Implementation of energy efficiency certificates for buildings to positively impact building envelope adhesives & sealants market 153
11.4.6 RUSSIA 153
11.4.6.1 The existence of building codes and the growing construction industry drive the building envelope adhesives & sealants market in the country 153
11.4.7 NETHERLANDS 154
11.4.7.1 National plans about energy efficiency to fuel the growth of the market 154
11.4.8 SPAIN 154
11.4.8.1 Energy efficiency and safety requirements in buildings to drive the growth 154
11.4.9 BALTIC COUNTRIES 155
11.4.9.1 The presence of stringent building codes along with the growing demand for energy-efficient buildings drive the market 155
11.4.10 REST OF EUROPE 155
11.5 SOUTH AMERICA 156
11.5.1 IMPACT OF COVID-19 ON SOUTH AMERICA 157
TABLE 112 SOUTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION) 157
TABLE 113 SOUTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTON) 157
TABLE 114 SOUTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE RESIN, 2019–2026 (USD MILLION) 158
TABLE 115 SOUTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE RESIN, 2019–2026 (KILOTON) 158
TABLE 116 SOUTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION) 158
TABLE 117 SOUTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTON) 158
TABLE 118 SOUTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE APPLICATION, 2019–2026 (USD MILLION) 159
TABLE 119 SOUTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE APPLICATION, 2019–2026 (KILOTON) 159
TABLE 120 SOUTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT RESIN, 2019–2026 (USD MILLION) 159
TABLE 121 SOUTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT RESIN, 2019–2026 (KILOTON) 160
TABLE 122 SOUTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT APPLICATION, 2019–2026 (USD MILLION) 160
TABLE 123 SOUTH AMERICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT APPLICATION, 2019–2026 (KILOTON) 160
11.5.2 BRAZIL 161
11.5.2.1 Growing industrial sector, rising disposable income of the middle class, and energy efficiency labeling schemes to drive the growth 161
11.5.3 ARGENTINA 161
11.5.3.1 The existence of a national program for insulation fuels the demand for building envelope adhesives & sealants in the country 161
11.5.4 REST OF SOUTH AMERICA 162
11.6 MIDDLE EAST & AFRICA 163
11.6.1 COVID-19 IMPACT ON MIDDLE EAST & AFRICA 163
TABLE 124 MIDDLE EAST & AFRICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION) 163
TABLE 125 MIDDLE EAST & AFRICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTON) 164
TABLE 126 MIDDLE EAST & AFRICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE RESIN, 2019–2026 (USD MILLION) 164
TABLE 127 MIDDLE EAST & AFRICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE RESIN, 2019–2026 (KILOTON) 164
TABLE 128 MIDDLE EAST & AFRICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION) 165
TABLE 129 MIDDLE EAST & AFRICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTON) 165
TABLE 130 MIDDLE EAST & AFRICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE APPLICATION, 2019–2026 (USD MILLION) 165
TABLE 131 MIDDLE EAST & AFRICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY ADHESIVE APPLICATION, 2019–2026 (KILOTON) 165
TABLE 132 MIDDLE EAST & AFRICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT RESIN, 2019–2026 (USD MILLION) 166
TABLE 133 MIDDLE EAST & AFRICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT RESIN, 2019–2026 (KILOTON) 166
TABLE 134 MIDDLE EAST & AFRICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT APPLICATION, 2019–2026 (USD MILLION) 166
TABLE 135 MIDDLE EAST & AFRICA: BUILDING ENVELOPE ADHESIVES & SEALANTS MARKET SIZE, BY SEALANT APPLICATION, 2019–2026 (KILOTON) 167
11.6.2 SAUDI ARABIA 167
11.6.2.1 Presence of various energy efficiency programs along with increased government spending to drive the market 167
11.6.3 SOUTH AFRICA 168
11.6.3.1 Implementation of National Building Regulations and Building Standards Act drives the demand 168
11.6.4 UAE 168
11.6.4.1 The existence of mandatory building codes drives the demand in the country 168
11.6.5 REST OF MIDDLE EAST & AFRICA 169
12 COMPETITIVE LANDSCAPE 170
12.1 OVERVIEW 170
12.1.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY BUILDING ENVELOPE ADHESIVES & SEALANTS PLAYERS 170
12.2 MARKET EVALUATION MATRIX 171
TABLE 136 PRODUCT FOOTPRINT OF COMPANIES 171
TABLE 137 APPLICATION FOOTPRINT OF COMPANIES 171
TABLE 138 REGIONAL FOOTPRINT OF COMPANIES 172
TABLE 139 COMPANY FOOTPRINT 172
TABLE 140 STRATEGIC DEVELOPMENTS, BY COMPANY 173
TABLE 141 MOST FOLLOWED STRATEGIES 173
TABLE 142 GROWTH STRATEGIES ADOPTED BY KEY COMPANIES 173
12.3 BUILDING EN