United States Construction Adhesives and Sealants Market Report and Forecast 2024-2032

United States Construction Adhesives and Sealants Market Outlook

The United States construction adhesives and sealants market size was approximately USD 2.97 billion in 2023. The market is assessed to grow at a CAGR of 5.5% between 2024 and 2032, reaching a value of USD 4.84 billion by 2032.

Key Trends in the Market

Adhesives are non-metallic liquid substances that are used to bind construction materials through forces of cohesion and adhesion. They are useful in carpet laying, countertop lamination, and fixing of roofing systems, among others. On the other hand, sealants are used to block the gap between two irregular surfaces to prevent pest infestation, entry of air and moisture, and block dust. These two substances are critical to the construction of any building and constitute an important raw material for the construction industry.

• The increasing residential construction and a surge in home renovation spending are some of the key factors driving the United States construction adhesives and sealants market growth. Sealants can improve the energy efficiency of buildings by preventing air leakage and maintaining a consistent indoor temperature, which can also help reduce electricity costs of occupants.

• One of the key United States construction adhesives and sealants market trends is the increasing demand for waterproof sealants to prevent the migration or rise of moisture in building structures to increase their longevity and improve durability. Companies offer a range of products for interior and exterior waterproofing applications, from groundworks and roofing to tunnels. These waterproofing solutions are based on technologies like cementitious sealant, bitumen sealant, and epoxy sealant, among others.

• Prefabrication of buildings in the construction industry is expected to boost the demand for adhesives and sealants for assemblage of different building parts on site. Prefabrication helps in minimising waste, dealing with labour shortage, improving occupational safety of workers, and completing project on time.

• Interior design companies are innovating newer styles and launching different wallpaper patterns, including chinoiserie design, animal print, and damask wallpaper. This is making the customisation of homes and renovation simpler, depending upon the residents’ choice. The growing popularity of wallpapers is expected to favour the United States  construction adhesives and sealants market demand over the forecast period.

Market Segmentation

Based on resin, the market is segmented into acrylic, epoxy, polyurethane, silicone, cyanoacrylate, and VAE/EVA, among others. On the basis of technology, the market can be divided into hot melt, sealants, reactive, solvent based, and water based. The United States construction adhesives and sealants market segmentation, based on end-use, includes residential, commercial, and industrial.

By application, the market is categorised into flooring and roofing, countertop and drywall lamination, concrete, and panels, among others. The major regional markets for construction adhesives and sealants include New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States construction adhesives and sealants market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• 3M Co.

• Arkema S.A.

• The Dow Chemical Company

• H.B. Fuller Company

• Henkel AG & Co. KGaA

• Sika AG

• Huntsman Corporation

• RPM International Inc.

• Illinois Tool Works Inc.

• Mapei S.p.A.

• Others

Market Share by End-Use

As per the United States construction adhesives and sealants market analysis, residential buildings and construction lead the market. There are 100 million single family homes in the United States along with 5.2 million multi-family residential buildings that require regular repair and maintenance operations to withstand the impact of changing weather and climate. The increasing investment in residential construction is thus expected to be the primary growth driver for the market.

Moreover, there are 5.5 million commercial buildings; 240,000 military buildings; and 350,000 industrial buildings in the USA, which are critical to its economic strength. As the expansion of businesses takes place, the size and scale of these buildings can grow, which is also expected to favour the market for construction adhesives and sealants in the US.

Market Share by Region

The anticipated boom in the construction industry in regions like Texas, Florida, Georgia, Arizona, Washington, and Nevada is expected to directly impact the United States construction adhesives and sealants market share. The expansion in the number of residential buildings in states like Pennsylvania, New York, and New Orleans will also favour the market. Adhesives and sealants play a crucial role in enhancing the durability of building structures. They are used to fix ceramic tiles on countertops and are mixed into cement for construction applications. They are also used to lay flooring and roofing systems, which enhance the aesthetic appeal of homes.

Competitive Landscape

H.B. Fuller Company was founded in 1915 and is headquartered in Saint Paul, Minnesota. It is one of the world’s leading providers of adhesives, sealants, and other speciality chemical products. It is organised into various business segments which includes Hygiene, Health, and Consumable Adhesives, Engineering Adhesives, and Construction Adhesives.

Sika AG is a speciality chemicals company which was founded in 1910 and is headquartered in Baar, Switzerland. It is engaged in the production of sealants and adhesives for the construction and automotive sectors. It owns multiple subsidiaries in 103 countries and has over 400 manufacturing facilities. In 2022, it generated annual sales of CHF 10.5 billion.

Huntsman Corporation was founded in 1970 and is headquartered in The Woodlands, Texas. It is organised into three business units which includes Polyurethanes, Advanced Materials, and Performance Products. Its speciality chemical products are used by a wide range of industries including aerospace, construction, automotive, energy, textiles, and footwear, among others.

Other players in the United States construction adhesives and sealants market include 3M Co., Arkema S.A., The Dow Chemical Company, Henkel AG & Co. KGaA, RPM International Inc., Illinois Tool Works Inc., and Mapei S.p.A., among others.

Key Highlights of the Report