| Product Code: ETC4509932 | Publication Date: Jul 2023 | Updated Date: Dec 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Sri Lanka import trend for the construction sealants market showed a growth rate of 19.31% from 2023 to 2024, with a compound annual growth rate (CAGR) of 10.18% from 2020 to 2024. This significant increase can be attributed to the rising demand for infrastructure development projects in the country.
The construction sealants market in Sri Lanka is experiencing robust growth, driven by increasing construction activities and infrastructural developments. The rising demand for residential, commercial, and industrial construction projects fuels the need for high-quality sealants that ensure durability and protection. Advances in sealant technology and the introduction of eco-friendly products further boost market expansion. The construction sealants market is characterized by the presence of both local and international manufacturers, offering a variety of products to cater to diverse construction needs.
The Sri Lankan construction sealants market is driven primarily by the booming construction sector in the country. Rapid urbanization, infrastructure development projects, and increasing investments in residential and commercial buildings are fueling the demand for construction sealants. Moreover, stringent regulations regarding energy efficiency and sustainability in construction practices are also boosting the adoption of advanced sealant technologies.
The construction sealants market in Sri Lanka faces significant challenges despite growth opportunities. One of the primary hurdles is the inconsistency in quality standards and regulations governing construction materials. This leads to uncertainty among consumers and contractors regarding the reliability and durability of sealant products. Moreover, the industry struggles with limited awareness about the benefits of modern sealant technologies, hindering widespread adoption. Addressing these challenges requires collaboration between industry stakeholders and regulatory bodies to establish clearer standards and promote education about advanced sealant solutions.
The Sri Lankan government has been actively promoting the construction industry through various policy measures, including incentives for foreign direct investment (FDI) and infrastructure development projects. Regulations mandate the use of quality materials, and sealants must comply with standards set by the Sri Lanka Standards Institution (SLSI). The government also supports eco-friendly construction practices, influencing the adoption of sustainable sealants.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Construction Sealants Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Construction Sealants Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Construction Sealants Market - Industry Life Cycle |
3.4 Sri Lanka Construction Sealants Market - Porter's Five Forces |
3.5 Sri Lanka Construction Sealants Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Sri Lanka Construction Sealants Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Sri Lanka Construction Sealants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities and infrastructure development projects in Sri Lanka |
4.2.2 Growing awareness about the benefits of using construction sealants for waterproofing and energy efficiency |
4.2.3 Government initiatives to promote sustainable construction practices in the country |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the manufacturing cost of construction sealants |
4.3.2 Lack of skilled labor for the proper application of construction sealants |
4.3.3 Stringent regulations and standards for construction sealant products |
5 Sri Lanka Construction Sealants Market Trends |
6 Sri Lanka Construction Sealants Market, By Types |
6.1 Sri Lanka Construction Sealants Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Construction Sealants Market Revenues & Volume, By Resin Type, 2021-2031F |
6.1.3 Sri Lanka Construction Sealants Market Revenues & Volume, By Silicone, 2021-2031F |
6.1.4 Sri Lanka Construction Sealants Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.5 Sri Lanka Construction Sealants Market Revenues & Volume, By Polysulfide, 2021-2031F |
6.2 Sri Lanka Construction Sealants Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Construction Sealants Market Revenues & Volume, By Glazing, 2021-2031F |
6.2.3 Sri Lanka Construction Sealants Market Revenues & Volume, By Flooring & Joining, 2021-2031F |
6.2.4 Sri Lanka Construction Sealants Market Revenues & Volume, By Sanitary & Kitchen, 2021-2031F |
7 Sri Lanka Construction Sealants Market Import-Export Trade Statistics |
7.1 Sri Lanka Construction Sealants Market Export to Major Countries |
7.2 Sri Lanka Construction Sealants Market Imports from Major Countries |
8 Sri Lanka Construction Sealants Market Key Performance Indicators |
8.1 Number of new construction projects using sealants |
8.2 Adoption rate of eco-friendly construction sealants |
8.3 Rate of innovation in sealant technology |
8.4 Number of training programs conducted for labor on sealant application techniques |
8.5 Compliance rate with industry standards for construction sealants |
9 Sri Lanka Construction Sealants Market - Opportunity Assessment |
9.1 Sri Lanka Construction Sealants Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Sri Lanka Construction Sealants Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Sri Lanka Construction Sealants Market - Competitive Landscape |
10.1 Sri Lanka Construction Sealants Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Construction Sealants Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |