Market Size of europe construction adhesives & sealants Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2028 |
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Market Size (2024) | USD 4.78 Billion |
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Market Size (2028) | USD 5.95 Billion |
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Largest Share by Resin | Acrylic |
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CAGR (2024 - 2028) | 5.67 % |
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Largest Share by Country | Germany |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Europe Construction Adhesives & Sealants Market Analysis
The Europe Construction Adhesives & Sealants Market size is estimated at 4.78 billion USD in 2024, and is expected to reach 5.95 billion USD by 2028, growing at a CAGR of 5.67% during the forecast period (2024-2028).
4.78 Billion
Market Size in 2024 (USD)
5.95 Billion
Market Size in 2028 (USD)
5.48 %
CAGR (2017-2023)
5.67 %
CAGR (2024-2028)
Largest Market by Technology
43.19 %
value share, Sealants, 2023
In Europe, sealants hold the largest market share due to their wide applications in the building and construction industry, including joint sealing, insulation, curtain wall, facade, and glazing.
Largest Market by Resin
26.67 %
value share, Acrylic, 2023
Acrylic resins hold the largest market share owing to their-ranging wide applications, including joining, sealing, and filling cracks in the building and construction industry, specifically for interior and exterior applications.
Largest Market by Country
14.69 %
value share, Germany, 2023
Germany holds the largest country-wise share of the market, driven mainly by the demand for residential and commercial construction in the country.
Fastest Growing Market by Country
5.95 %
Projected CAGR, Italy, 2024-2028
Germany is likely to witness the fastest growth in the market over the forecast period, owing to the demand for new and renovation construction projects in the country.
Leading Market Player
14.79 %
market share, Sika AG, 2021
Sika AG has been witnessing increasing volume sales in the region due to the popularity of its products in the building and construction industry.
Government policies and initiatives to support the growth of construction adhesives and sealants in Europe
- The construction industry requires adhesives and sealants for purposes such as carpet layering, flooring, timber, prefabricated panels joining, wall covering, weather-sealing, and roofing. The construction industry is expected to record a 6.1% CAGR in 2022-2024 in Western Europe and a 6.4% CAGR in 2022-2024 in Central and Eastern Europe, per the EURO CONSTRUCT report. This is expected to increase demand for construction adhesives and sealants in the forecast period.
- The European Commission has framed policies to transit the residential infrastructure to energy-efficient and digital resource performance with frameworks such as the Energy Efficiency Directive and Energy Performance of Buildings. These initiatives will require the renovation of existing buildings, leading to an increase in demand for adhesives and sealants required for construction in the forecast period 2022-2028.
- The fasteners used in the construction industry for different applications, such as roofing, flooring, and window fitting, are prone to failures that can be prevented with good strength holding construction adhesives and sealants. With the development of efficient resource planning in construction, the demand for construction adhesives and sealants is expected to increase in the period 2022-2028.
- Acrylic resin accounted for the maximum share of the European construction adhesives and sealants market value share as of 2021 because of its wide usage as an adhesive for mechanical joining and with different substrates and as a sealant for materials prone to shrinkage. These applications make them widely used in the construction industry, and their demand is expected to grow over the forecast period.
Understand The Key Trends Shaping This Market
Rising construction output from Ireland, Spain, and Slovakia to raise the demand for construction adhesives and sealants
- In 2020, the overall decline in construction output by 4.4% was due to the COVID-19 pandemic spreading across Europe, which led to nationwide lockdowns, supply chain disruptions, mandatory social distancing regulations, etc. These factors led to declining demand for adhesives and sealants required for construction in 2020. The decline was maximum for the Rest of Europe regional segment because of the huge recessions in countries such as Slovakia, which recorded a 16.8% Y-o-Y decline in its construction output.
- The demand for construction adhesives and sealants increased tremendously in 2021 because of the EU Commission's recovery plan for an overall economic slowdown due to COVID-19 in 2020 such as Next Generation EU, in which the maximum fund allocation was done for the construction sector to make European buildings environmentally benign with decreased wastage of resources. The overall growth in demand for construction adhesives and sealants was highest in 2021 for the Rest of Europe segment because of Nordic countries, such as Denmark, which registered a growth of 17.8% Y-o-Y in construction output.
- The value share in the European construction adhesives and sealants market is highest for the Rest of Europe segment, which accounts for nearly half of the share because the overall construction output from countries such as Ireland is expected to grow by 15.1%, followed by Spain with 14.3%, and Slovakia with 13.5%, as published in a report by EURO CONSTRUCT in 2021.
