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Global Caulking Gun Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Caulking Gun can be defined as devices that utilized to use caulk, a type of sealant, effectively. Caulk is a substance used to seal and adhere, such as closing a gap or crack between a window frame and jamb, or a sink and a vanity. Different space can be sealed using caulk and a caulk gun. The rising demand for adhesives and sealants worldwide and increasing end use applications of Caulking Gun are factors that are accelerating the global market demand. For instance, according to Statista - In 2020, the global market for adhesives, sealants, and application equipment was estimated at USD 89 billion, and this amount is estimated to grow to USD 114 billion by end of 2022. Furthermore, companies are coming with new products to leverages increasing demand for Caulking guns. For instance, in May 2019, Irion-America, LLC launched its new "eXcePt" series product line comprised of 'drip control' caulking and sausage guns. This new drip control technology facilitates no dripage, mess or waste. Also, growing demand for DIY-based activities in home interiors and increasing investment towards infrastructure development in emerging markets are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a lack of demand & awareness from emerging economies impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Caulking Gun Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing commercial construction and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as increasing demand for sealant and adhesives from end use industries and rapid growth of real estate sector in the region, would create lucrative growth prospects for the global Caulking Gun Market across the Asia Pacific region.
Major market players included in this report are:
DeWalt
Makita Corporation
Milwaukee Electric Tool Corporation
Dripless, Inc.
Irion-America, LLC
Sulzer Mixpac Ltd.
C. & E. FEIN GmbH
Albion Engineering
Siang Syuan Fu Enterprise Co.,Ltd.
Fein GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
High ratio Caulking Gun
Sausage gun
Dual components gun
Bulk loader guns
Foam Caulking Gun
By Barrel Type:
Closed barrel Caulking Gun
Open barrel Caulking Gun
By Sales channel:
Online
Offline
Distributors
Retailers
Direct company sales
By Operation:
Electric operated Caulking Gun
Manually operated Caulking Gun
Pneumatic Caulking Gun
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Caulking Gun Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors