Japan Construction Sealants & Bonding Market is anticipated to increase at an impressive rate in the forecast period. Building Envelope (façade waterproofing, façade air barriers, window & door installation, roof waterproofing), bonding (flooring covering, floor preparation & maintenance, interior sealing, joint sealing) including glazing, flooring, and joining, as well as in sanitary and culinary areas, and a variety of other applications use construction sealants and bonding. Construction sealants and bonding agents are essential components of any construction project. These are used to bond two surfaces together, seal joints, and prevent leaks. In Japan, the construction sealants and bonding market is a highly competitive industry, with a large number of domestic and international players vying for market share. These expanding applications have fueled the market's growth for construction sealants and bonding. The growing usage of bonds in more recent building applications such as ductwork, anchoring, and structural glazing is driving the market for construction sealants. Construction sealants are used in the window frame, sanitary and kitchen systems, expansion joints, floor systems, walls, and panels. In the face of shifting atmospheric conditions, they can withstand tension and prevent fracture.
Polyurethane sealants and bonding agents offer excellent adhesion, flexibility, and durability. Polyurethane sealants are commonly used in construction projects that require a high level of resistance to moisture, chemicals, and weathering. Silicone sealants and bonding agents are known for their excellent adhesion, flexibility, and resistance to UV rays and extreme temperatures. These products are generally used in construction projects that require a high level of performance and reliability. Acrylic sealants and bonding agents are known for their good adhesion, flexibility, and ease of application. The major use of acrylic products is in general construction projects that require a basic level of sealing and bonding. Epoxy sealants and bonding agents offer exceptional strength, adhesion, and durability. These products are commonly used in structural applications, such as anchoring and bonding metal, concrete, and wood.
Increasing Demand from Construction Industry
In 2020, the Japanese construction industry contributed 5.9% of the country's GDP, and in the years to come, it is expected to rise further.
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Growing Technological Advancement for Sustainable Development
The development of bio-based sealants is being pushed forcibly by manufacturers, and this is anticipated to open new avenues for expanding the sealant market globally. The construction industry is also increasingly focusing on building green buildings that are energy-efficient and environmentally sustainable. Sealants and bonding agents play a crucial role in achieving these goals by providing an effective barrier against heat and moisture, reducing energy consumption and improving indoor air quality. For the projected period, the global construction sealants and bonding market is expected to have profitable growth prospects due to the demand for low-volatile organic compounds and green, sustainable sealants. However, the adverse environmental effects of sealants limit market expansion. Due to their chemical makeup and the chemicals used to make them water-repellent, products like sealants, varnishes, and paints produce volatile organic compounds. These substances interact with the atmosphere through a photochemical process. The carbon compounds are bad for the environment and cause instability and changes to the atmosphere. Advancement in the industry is the use of nanotechnology in the production of sealants and bonding agents. Nanotechnology enables the production of materials with exceptional properties, such as high strength, thermal stability, and resistance to moisture and chemicals.
Recent development
- In 2022,
Momentive Performance Materials Japan LLC launched a range of cold weather
sealants and adhesives. These sealants and adhesives can be applied in low temperatures,
offer faster curing times, and greater adhesion, making them ideal for use in
winter construction projects.
- In November 2021,
Sika AG acquired Hamatite, the adhesives division of The Yokohama Rubber Co.,
Ltd. According to reports, Hamatite dominates the Japanese industry and
supplies adhesives and sealants to the building and automobile industries. The
company, which has its headquarters in Tokyo, has yearly sales of USD 176
million.
- In 2021, 3M Japan
Limited launched a range of smart sealants and adhesives. These products
contain sensors that can detect changes in temperature, pressure, and other
parameters, helping to prevent structural damage and improve building safety.
- In 2020, Mapei
Japan Co. Ltd. launched a range of waterproofing sealants and adhesives.
Material offers superior protection against water damage and are ideal for use
in buildings located in coastal areas that are prone to flooding.
Market Segmentation
Japan Construction Sealants & Bonding Market is segmented
Based on technology, the market is divided into reactive, hot melt, solvent based, water based and others.
Market Players
Konishi Co., Ltd, Cemedine Co., Ltd., Sunstar Engineering Solutions (SE), The Yokohama Rubber Co Ltd, Shin-Etsu Chemical Co., Ltd, and Dow Toray Co., Ltd are
Attribute
|
Details
|
Base
Year
|
2022
|
Historic
Data
|
2018 – 2021
|
Estimated
Year
|
2023
|
Forecast
Period
|
2024 – 2028
|
Quantitative
Units
|
Revenue
in USD Million, Volume in metric ton, and CAGR for 2018-2022 and 2023-2028
|
Report
coverage
|
Revenue forecast,
Volume forecast, company share, competitive landscape, growth factors, and
trends
|
Segments
covered
|
By
Technology
By
Resin Type
By
Component
By
End Use
|
Regional
scope
|
Hokkaido &
Tohoku; Kanto; Chubu; Kansai; Chugoku; Shikoku; Kyushu
|
Key
companies profiled
|
Konishi
Co., Ltd, Cemedine Co., Ltd., Sunstar Engineering Solutions (SE), The
Yokohama Rubber Co Ltd, Shin-Etsu Chemical Co., Ltd, and Dow Toray Co., Ltd
|
Customization
scope
|
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report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
Pricing
and purchase options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
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Delivery
Format
|
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format on special request)
|