MarketSegmentation
By Product Type:
Elastomeric Type
Intumescent Type
By Application:
Residential Buildings
Commercial Buildings
Industrial Buildings
Market Value
Market Size (2023): Approximately
USD 0.76 billion
Projected Market Size (2032): USD
1.05 billion
Compound Annual Growth Rate (CAGR): 3.6% during the forecast period
Market Opportunities
Increasing Construction Activit infrastructure development are barrier sealants.
Stringent Fire Safety Regulation enforcing stricter fire safety cod effective sealants.
Technological Advancements: In formulations are enhancing per efficiency.
Growing Awareness: Rising awa measures among builders and growth.
Sample Report
Key Players/Stakeholders
Major Companies Leading the Industry: 3M Company
Sample Report
Hilti
Rockwool
H.B. Fuller
Bostik (Arkema Group)
Tremco
Everbuild (Sika AG)
Regional Analysis
North America: Dominated the market with a significant share, driven by robust construction activities and stringent fire safety norms.
Europe: Witnessing steady growth due to the enforcement of strict building codes and renovation of old structures.
Asia-Pacific: Expected to exhibit the highest growth rate, attributed to rapid urbanization, industrialization, and increasing construction projects in countries like China and India.
Latin America, Middle East & Africa: Emerging markets with growing awareness and adoption of fire safety measures
About Us
•Established in 2015, 24Chemical Research specializes in providing comprehensive chemical industry research and analysis to support businesses in making well-informed decisions in this ever-evolving sector. Since our inception, we have been dedicated to delivering in-depth market research, identifying key trends, opportunities, and challenges shaping the global chemical industry.
