Market Size of north america construction adhesives & sealants Industry
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Study Period | 2017 - 2028 |
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Market Size (2024) | USD 3.75 Billion |
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Market Size (2028) | USD 4.68 Billion |
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Largest Share by Resin | Polyurethane |
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CAGR (2024 - 2028) | 5.67 % |
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Largest Share by Country | United States |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Construction Adhesives & Sealants Market Analysis
The North America Construction Adhesives & Sealants Market size is estimated at 3.75 billion USD in 2024, and is expected to reach 4.68 billion USD by 2028, growing at a CAGR of 5.67% during the forecast period (2024-2028).
3.75 Billion
Market Size in 2024 (USD)
4.68 Billion
Market Size in 2028 (USD)
6.52 %
CAGR (2017-2023)
5.67 %
CAGR (2024-2028)
Largest Market by Technology
42.37 %
value share, Sealants, 2023
In North America, sealants have the highest market share due to their wide applications in the building and construction industry, including joint sealing, insulation, curtain wall, facade, glazing, and others.
Largest Market by Resin
24.69 %
value share, Polyurethane, 2023
Polyurethane resins have the largest share in the market owing to their wide applications in the building and construction industry, specifically for both interior and exterior applications.
Largest Market by Country
81.96 %
value share, United States, 2023
The United States is the largest country in the market, driven mainly by the demand for residential and commercial construction.
Fastest Growing Market by Country
5.76 %
Projected CAGR, United States, 2024-2028
Canada is forecasted to be the fastest-growing country in the region, owing to the rising private and public sector construction projects.
Leading Market Player
10.70 %
market share, Sika AG, 2021
Sika AG has been witnessing increasing volume sales in the region. This increase can be attributed to the popularity of its polyurethane technology-based products in the building and construction industry.
Rising new floor area in the region to drive the demand for adhesives and sealants
- Resins impart the required physical properties and chemical properties such as UV resistance, heat resistance, tensile strength, and others in the adhesives that can be used in specific applications. The new construction area is expected to register a growth of up to 7.4 billion square feet in 2022 from 7.1 billion square feet in 2021.
- The construction adhesives and sealants have shown a sudden growth of 5.8% in terms of volume in 2021. This has happened due to the economic recovery, regular supply of raw materials, and reopening of production facilities in many countries, such as the United States, Canada, and Mexico, which were impacted by the COVID-19 outbreak in 2020 where lockdowns in countries caused a shutdown of production facilities and steady growth of adhesives in North America.
- These adhesives are segmented into different resins in which polyurethane and acrylic resin-based adhesives are widely used in construction applications. These adhesives are known as structural adhesives, which offer high tensile strength in the range of 5 to 8 N/mm². So that they are used in construction to bond decorative floor coverings and ceramic tiles adhesives, seal metal parts into concrete, bond a door frame into masonry, and many other applications.
- The United States is the highest consumption country of construction adhesives and sealants, accounting for nearly 70% of the North American market because of the rising demand for residential and non-residential construction in the country. The new building constructions in the country will reach 7.1 billion units by 2028 and hence will drive the demand for North American adhesives and sealants in the future.
Rising green initiatives and alternative solutions for conventional buildings to propel the demand for construction adhesives and sealants in the region
- Adhesives and sealants are majorly produced in North America for various construction applications like bonding and sealing joints, the interior and exterior of buildings, and doors and window frame sealing. The production of these construction adhesives and sealants mainly depends on North America's construction output. The new buildings and constructions were expected to reach 7.4 billion square footage in 2022 from 7.1 billion in 2021.
- Production of these adhesives and sealants suddenly increased in 2021 by 49 million tons in volume owing to the economic recovery and the reopening of international borders for trade exchange in the countries that were closed due to the impact of the COVID-19 pandemic in 2020, which caused a shut down of production facilities, supply chain disruptions, and lockdowns in several countries of North America and resulted in a slow growth rate in the same year.
- In North America, the United States accounts for the highest consumption of construction adhesives and sealants. The annual construction industry output in the country amounts to USD 1.4 trillion, contributing 4.2% of the GDP. More than 100 manufacturers in the country, including many multinational companies, are producing these adhesives and sealants to cater to rising demand from the construction industry. It is the fastest-growing country in the region and is expected to record a CAGR of 5.78% during the forecast period 2022-2028.
- The rising number of green buildings in the United States, the wooden housing trend in Canada, and the increasing manufacturing of prefabricated building parts in Mexico are expected to drive the demand for adhesives and sealants in North America.
North America Construction Adhesives & Sealants Industry Segmentation
Acrylic, Cyanoacrylate, Epoxy, Polyurethane, Silicone, VAE/EVA are covered as segments by Resin. Hot Melt, Reactive, Sealants, Solvent-borne, Water-borne are covered as segments by Technology. Canada, Mexico, United States are covered as segments by Country.
- Resins impart the required physical properties and chemical properties such as UV resistance, heat resistance, tensile strength, and others in the adhesives that can be used in specific applications. The new construction area is expected to register a growth of up to 7.4 billion square feet in 2022 from 7.1 billion square feet in 2021.
- The construction adhesives and sealants have shown a sudden growth of 5.8% in terms of volume in 2021. This has happened due to the economic recovery, regular supply of raw materials, and reopening of production facilities in many countries, such as the United States, Canada, and Mexico, which were impacted by the COVID-19 outbreak in 2020 where lockdowns in countries caused a shutdown of production facilities and steady growth of adhesives in North America.
- These adhesives are segmented into different resins in which polyurethane and acrylic resin-based adhesives are widely used in construction applications. These adhesives are known as structural adhesives, which offer high tensile strength in the range of 5 to 8 N/mm². So that they are used in construction to bond decorative floor coverings and ceramic tiles adhesives, seal metal parts into concrete, bond a door frame into masonry, and many other applications.
- The United States is the highest consumption country of construction adhesives and sealants, accounting for nearly 70% of the North American market because of the rising demand for residential and non-residential construction in the country. The new building constructions in the country will reach 7.1 billion units by 2028 and hence will drive the demand for North American adhesives and sealants in the future.
| Resin | |
| Acrylic | |
| Cyanoacrylate | |
| Epoxy | |
| Polyurethane | |
| Silicone | |
| VAE/EVA | |
| Other Resins |
| Technology | |
| Hot Melt | |
| Reactive | |
| Sealants | |
| Solvent-borne | |
| Water-borne |
| Country | |
| Canada | |
| Mexico | |
| United States | |
| Rest of North America |
North America Construction Adhesives & Sealants Market Size Summary
The North America Construction Adhesives & Sealants Market is poised for significant growth, driven by the increasing demand for both residential and non-residential construction projects. The market is characterized by the use of advanced resins, such as polyurethane and acrylic, which provide essential properties like UV and heat resistance, and high tensile strength. These adhesives are crucial for various applications, including bonding decorative floor coverings, sealing metal parts into concrete, and more. The United States leads the market, accounting for a substantial portion of the regional consumption, due to its robust construction industry. The market's expansion is further supported by the recovery from the COVID-19 pandemic, which had previously disrupted production and supply chains.
The construction adhesives and sealants sector in North America is experiencing a resurgence, with production levels rebounding as economic conditions stabilize and international trade routes reopen. The region's construction output is a significant contributor to its GDP, with ongoing investments in infrastructure and residential projects. The market is fragmented, with major players like 3M, Henkel AG & Co. KGaA, and Sika AG playing pivotal roles. Innovations and strategic acquisitions, such as Arkema Group's acquisition of Ashland's Performance Adhesives business, are shaping the competitive landscape. The trend towards green buildings in the United States, wooden housing in Canada, and prefabricated construction in Mexico are expected to further drive market growth in the coming years.
North America Construction Adhesives & Sealants Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)
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1.1 Resin
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1.1.1 Acrylic
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1.1.2 Cyanoacrylate
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1.1.3 Epoxy
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1.1.4 Polyurethane
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1.1.5 Silicone
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1.1.6 VAE/EVA
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1.1.7 Other Resins
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1.2 Technology
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1.2.1 Hot Melt
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1.2.2 Reactive
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1.2.3 Sealants
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1.2.4 Solvent-borne
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1.2.5 Water-borne
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1.3 Country
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1.3.1 Canada
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1.3.2 Mexico
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1.3.3 United States
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1.3.4 Rest of North America
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North America Construction Adhesives & Sealants Market Size FAQs
How big is the North America Construction Adhesives & Sealants Market?
The North America Construction Adhesives & Sealants Market size is expected to reach USD 3.75 billion in 2024 and grow at a CAGR of 5.67% to reach USD 4.68 billion by 2028.
What is the current North America Construction Adhesives & Sealants Market size?
In 2024, the North America Construction Adhesives & Sealants Market size is expected to reach USD 3.75 billion.
