France Sealants Market Analysis
The France Sealants Market size is estimated at 360.02 million USD in 2024, and is expected to reach 448.33 million USD by 2028, growing at a CAGR of 5.64% during the forecast period (2024-2028).
The French sealants industry is experiencing significant transformation driven by technological advancements and changing consumer preferences. Manufacturers are increasingly focusing on developing eco-friendly and sustainable sealant solutions, with companies like Soudal launching products such as T-REX, which contains 35% biodegradable materials. The industry is also witnessing innovation in chemical compositions, exemplified by the development of Hydro Modified X (HMX) technology, which produces sealants free of isocyanate, tin, solvents, and phthalates. This shift towards sustainable solutions is reshaping product development strategies and manufacturing processes across the industry.
The electronics and electrical equipment manufacturing sector represents a significant growth opportunity for sealants manufacturers. The consumer electronics segment is projected to grow at a CAGR of 1.39% through 2027, while the broader electricity, gas, steam, and air conditioning industry is expected to expand at a CAGR of 1.73% during 2022-2027. Electronic sealants play a crucial role in these industries for applications such as potting and protecting materials, sealing sensors, and securing cables. The increasing complexity of electronic devices and the growing demand for weatherproof and durable components are driving innovation in sealant formulations.
The healthcare sector is emerging as a key growth driver for specialized sealants, with the medical technology market expected to grow at a CAGR of 4.43% during 2022-2027. The French government's investment of USD 8.33 billion to strengthen the healthcare system has created new opportunities for sealant manufacturers in medical device assembly and equipment manufacturing. The industry is witnessing increased demand for specialized medical sealants that meet stringent medical-grade requirements and sterilization standards, particularly in applications such as medical device assembly and surgical equipment manufacturing.
The DIY and consumer markets are showing promising growth potential, with the DIY and hardware industry projected to grow at a CAGR of 2.77% during 2022-2027, while the household appliances sector is expected to expand at a CAGR of 4.48%. This growth is driven by increasing consumer preference for home improvement projects and the need for easy-to-use sealant solutions. Manufacturers are responding by developing user-friendly products with improved application methods and faster curing times. The trend towards smart home applications and energy-efficient appliances is also creating new opportunities for specialized silicone sealants and polymer sealants in consumer applications.
France Sealants Market Trends
Hosting the 2024 Olympics is likely to boost the construction sector in the country
- France has the second-largest construction industry in the European region. The construction index in the country witnessed slow growth, with a gradual increase in the industry turnover index over the past few years. The construction industry in the country recently gained momentum after eight long years of decline.
- In 2020, the construction sector witnessed a huge decline, with the total construction output and new orders declining considerably. The growth of the French construction industry fell by over -12% due to the severe impact of the COVID-19 pandemic.
- The total construction production in France declined by 0.2% in Q4 2021 compared to Q4 2020 and by 1.2% compared to the previous quarter in the same year. In December 2021, the country’s production from the construction industry declined by 2.6% compared to the same month in the previous year and declined by 7% compared to November 2021, decreasing the demand for the market.
- However, the total construction production in France increased by 0.9% in Q1 2022 compared to Q1 2021 and by 2.6% compared to the previous quarter of the same year. In April 2022, the country’s production from the construction industry increased by 1.5% compared to the same month in the previous year and increased by 1.2% compared to March 2022. The recovery of the residential construction sector from the pandemic and the upcoming 2024 Olympics are estimated to drive the market during the forecast period.
- Therefore, all the abovementioned factors are expected to impact the market studied.
In addition to net-zero vehicle emissions by 2035, electric vehicle registrations growth is likely to propel the automotive production
- The automotive industry in France has fared much better compared to other major European economies. Automotive vehicle production experienced continuous growth till 2018 and further exhibited a decline of 8.3% in 2019, as the automotive market was negatively affected by the COVID-19 pandemic.
- In 2020, the country produced 1,316,371 cars and light commercial vehicles compared to 2,175,350 vehicles produced during 2019, recording a decline of 39.5%, as production came to a halt in 2020 due to the COVID-19 pandemic. The pandemic forced the temporary shutdown of manufacturing units across different parts of the country. Limited raw material supply added to the challenges faced by the automobile sector.
- In 2021, the country’s new plug-ins electric vehicle registration stood at over 315,000, registering a growth rate of 62% compared to 2020, enhancing the demand of the electric vehicle segment in France. Along with it, electric vehicles registered a 21.4% market share in March 2022, up from 16.1% Y-o-Y.
- The French car industry has unanimously condemned the European Parliament’s vote to ban the production of combustion engine cars from 2035. The country plans to achieve net-zero vehicle emissions by 2035, which is likely to drive the automotive vehicle market in the country over the forecast period.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Rising aircraft orders from countries like India, United States, and others to boost the aerospace industry
Segment Analysis: End User Industry
Building and Construction Segment in France Sealants Market
The building and construction segment dominates the France sealants market, commanding approximately 60% of the total market share in 2024. This substantial market position is primarily driven by the extensive application of sealants in various construction activities, including waterproofing, weather-sealing, crack-sealing, and joint-sealing applications. The segment's growth is further supported by the European Commission's Next Generation EU Recovery Plan, which aims to develop energy-efficient buildings and modernize infrastructure. Additionally, the preparation for the 2024 Olympics has catalyzed numerous construction projects, including the development of 4,500 new dwellings, 100,000 square meters for business activities, and 20,000 new hotel rooms, solidifying the segment's dominant position in the market.
Healthcare Segment in France Sealants Market
The healthcare segment is emerging as the fastest-growing sector in the France sealants market, driven by increasing investments in medical technology and healthcare infrastructure development. The growth is primarily supported by the French government's commitment to strengthening the healthcare system through significant public funding initiatives, including an investment of USD 8.33 billion to enhance healthcare infrastructure. The segment's expansion is further fueled by the rising demand for medical equipment manufacturing, where sealants play a crucial role in the assembly and sealing of medical devices. The increasing focus on developing efficient ambulatory services and medical facilities, coupled with the growing emphasis on advanced medical technology implementation, continues to drive the demand for specialized sealants in the healthcare sector.
Remaining Segments in End User Industry
The automotive, aerospace, and other end-user industries constitute significant segments in the France sealants market. The automotive sector utilizes sealants extensively in vehicle manufacturing, particularly in electric vehicle production, where lightweight sealing solutions are crucial for efficiency. The aerospace segment demonstrates steady demand for aerospace sealants in aircraft manufacturing and maintenance operations, particularly for weather sealing and waterproofing applications. Other end-user industries, including electronics manufacturing, energy supply systems, and consumer appliances, contribute to market growth through diverse applications such as HVAC systems, electrical components, and household appliance assembly, showcasing the versatility and widespread adoption of sealants across various industrial sectors.
Segment Analysis: Resin
Silicone Segment in France Sealants Market
The silicone sealants segment dominates the France sealants market, commanding approximately 42% of the market share in 2024, while also maintaining the highest growth trajectory in the industry. This segment's prominence is primarily attributed to its versatile applications across multiple industries, particularly in the construction and automotive sectors. Silicone sealants are extensively preferred due to their superior adhesion properties with both porous and non-porous surfaces, including substrates like glass, ceramic, plastic, composites, metals, alloys, and wood. The segment's growth is further bolstered by increasing demand in the construction industry for weatherproofing applications, owing to silicone's exceptional water-resistance properties and strong adhesion to concrete surfaces. Additionally, the automotive industry's shift towards electric vehicles has created new opportunities for silicone sealants, particularly in structural applications where their strong curing properties make them invaluable.
Remaining Segments in Resin Market
The polyurethane sealants segment holds a significant position as the second-largest segment in the French sealants market, valued for its strong adhesion compatibility with non-porous surfaces and extensive use in automotive glass fixtures and metal structure sealing. The acrylic sealants segment serves specific niches in construction and woodworking, offering excellent gap-filling and moisture prevention properties. The epoxy sealants segment, while smaller, maintains its importance in applications requiring high structural integrity, particularly in the automotive and electronic industries. Other resin types, including polysulphide, polyvinyl, and butyl, collectively contribute to the market's diversity, each serving specialized applications across various industries such as dentistry, construction, and automotive manufacturing.
France Sealants Industry Overview
Top Companies in France Sealants Market
The French sealants market is characterized by continuous product innovation and strategic expansion initiatives by leading players. Companies are heavily investing in research and development to develop eco-friendly and sustainable sealant solutions, particularly focusing on non-toxic and low VOC content products. Operational agility is demonstrated through well-established local distribution networks and quick customer service capabilities. Strategic moves in the market include capacity expansions, partnerships with local distributors, and strengthening manufacturing presence through new facilities. Companies are also focusing on customized solutions for specific industry applications, particularly in the construction and automotive sectors, while expanding their product portfolios through technological advancements and innovative formulations.
Semi-consolidated Market with Strong Local Presence
The French sealants market exhibits a semi-consolidated structure with a mix of global conglomerates and specialized manufacturers. Major global players like Sika AG, Arkema Group, and Henkel AG & Co. KGaA maintain significant market positions through their extensive distribution networks and diverse product portfolios. These companies leverage their strong research capabilities and technological expertise to maintain competitive advantages. Local players maintain their market share through specialized product offerings and strong relationships with regional customers.
The market is characterized by strategic acquisitions and partnerships aimed at expanding market reach and technological capabilities. Companies are increasingly focusing on vertical integration to ensure supply chain stability and cost optimization. The presence of both multinational corporations and local specialists creates a dynamic competitive environment, with companies differentiating themselves through product quality, technical support, and customer service excellence. Market entry barriers are relatively high due to established player relationships with key industries and significant technological requirements.
Innovation and Sustainability Drive Future Success
Success in the French sealants market increasingly depends on developing sustainable and technologically advanced products. Companies need to focus on expanding their eco-friendly product portfolios while maintaining cost competitiveness. Building strong relationships with key end-user industries, particularly in the construction and automotive sectors, is crucial for market success. Incumbents must continue investing in research and development while optimizing their distribution networks to maintain their market positions. Additionally, companies need to enhance their technical support capabilities and offer customized solutions to address specific customer requirements.
New entrants and smaller players can gain market share by focusing on niche applications and developing specialized products for specific industry segments. Establishing a strong local presence through strategic partnerships and offering innovative solutions for emerging applications can provide competitive advantages. Companies must also consider potential regulatory changes regarding environmental standards and prepare accordingly. The ability to adapt to changing customer preferences and industry requirements while maintaining product quality and competitive pricing will be crucial for long-term success in the market. The development of specialty sealants and hybrid sealants for niche applications can further enhance market positioning. Additionally, focusing on advanced sealing materials can provide a competitive edge in the evolving market landscape.
France Sealants Market Leaders
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3M
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Arkema Group
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Henkel AG & Co. KGaA
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Sika AG
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Soudal Holding N.V.
- *Disclaimer: Major Players sorted in no particular order
France Sealants Market News
- April 2019: Dow completed the separation of its Material Science division through a spin-off of Dow Inc.
Free With This Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on various end-user production trends including automobile production, newly built construction floor area, packaging production, aircraft deliveries, footwear production, and regional data on adhesives and sealants demand, etc.
List of Tables & Figures
- Figure 1:
- VOLUME OF AIRCRAFTS DELIVERED, UNITS, FRANCE, 2017-2028
- Figure 2:
- PRODUCTION VOLUME OF AUTOMOBILES, UNITS, FRANCE, 2017-2028
- Figure 3:
- FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, FRANCE, 2017-2028
- Figure 4:
- VOLUME OF SEALANTS CONSUMED, KILOGRAM, FRANCE, 2017 - 2028
- Figure 5:
- VALUE OF SEALANTS CONSUMED, USD, FRANCE, 2017 - 2028
- Figure 6:
- VOLUME OF SEALANTS CONSUMED BY END USER INDUSTRY, KILOGRAM, FRANCE, 2017 - 2028
- Figure 7:
- VALUE OF SEALANTS CONSUMED BY END USER INDUSTRY, USD, FRANCE, 2017 - 2028
- Figure 8:
- VOLUME SHARE OF SEALANTS CONSUMED BY END USER INDUSTRY, %, FRANCE, 2016 VS 2022 VS 2028
- Figure 9:
- VALUE SHARE OF SEALANTS CONSUMED BY END USER INDUSTRY, %, FRANCE, 2016 VS 2022 VS 2028
- Figure 10:
- VOLUME OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY, KILOGRAM, FRANCE, 2017 - 2028
- Figure 11:
- VALUE OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY, USD, FRANCE, 2017 - 2028
- Figure 12:
- VALUE SHARE OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY BY RESIN, %, FRANCE, 2021 VS 2028
- Figure 13:
- VOLUME OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY, KILOGRAM, FRANCE, 2017 - 2028
- Figure 14:
- VALUE OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY, USD, FRANCE, 2017 - 2028
- Figure 15:
- VALUE SHARE OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY BY RESIN, %, FRANCE, 2021 VS 2028
- Figure 16:
- VOLUME OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, KILOGRAM, FRANCE, 2017 - 2028
- Figure 17:
- VALUE OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, FRANCE, 2017 - 2028
- Figure 18:
- VALUE SHARE OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY RESIN, %, FRANCE, 2021 VS 2028
- Figure 19:
- VOLUME OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY, KILOGRAM, FRANCE, 2017 - 2028
- Figure 20:
- VALUE OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY, USD, FRANCE, 2017 - 2028
- Figure 21:
- VALUE SHARE OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY BY RESIN, %, FRANCE, 2021 VS 2028
- Figure 22:
- VOLUME OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, KILOGRAM, FRANCE, 2017 - 2028
- Figure 23:
- VALUE OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, FRANCE, 2017 - 2028
- Figure 24:
- VALUE SHARE OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY RESIN, %, FRANCE, 2021 VS 2028
- Figure 25:
- VOLUME OF SEALANTS CONSUMED BY RESIN, KILOGRAM, FRANCE, 2017 - 2028
- Figure 26:
- VALUE OF SEALANTS CONSUMED BY RESIN, USD, FRANCE, 2017 - 2028
- Figure 27:
- VOLUME SHARE OF SEALANTS CONSUMED BY RESIN, %, FRANCE, 2016 VS 2022 VS 2028
- Figure 28:
- VALUE SHARE OF SEALANTS CONSUMED BY RESIN, %, FRANCE, 2016 VS 2022 VS 2028
- Figure 29:
- VOLUME OF ACRYLIC SEALANTS CONSUMED, KILOGRAM, FRANCE, 2017 - 2028
- Figure 30:
- VALUE OF ACRYLIC SEALANTS CONSUMED, USD, FRANCE, 2017 - 2028
- Figure 31:
- VALUE SHARE OF ACRYLIC SEALANTS CONSUMED BY END USER INDUSTRY, %, FRANCE, 2021 VS 2028
- Figure 32:
- VOLUME OF EPOXY SEALANTS CONSUMED, KILOGRAM, FRANCE, 2017 - 2028
- Figure 33:
- VALUE OF EPOXY SEALANTS CONSUMED, USD, FRANCE, 2017 - 2028
- Figure 34:
- VALUE SHARE OF EPOXY SEALANTS CONSUMED BY END USER INDUSTRY, %, FRANCE, 2021 VS 2028
- Figure 35:
- VOLUME OF POLYURETHANE SEALANTS CONSUMED, KILOGRAM, FRANCE, 2017 - 2028
- Figure 36:
- VALUE OF POLYURETHANE SEALANTS CONSUMED, USD, FRANCE, 2017 - 2028
- Figure 37:
- VALUE SHARE OF POLYURETHANE SEALANTS CONSUMED BY END USER INDUSTRY, %, FRANCE, 2021 VS 2028
- Figure 38:
- VOLUME OF SILICONE SEALANTS CONSUMED, KILOGRAM, FRANCE, 2017 - 2028
- Figure 39:
- VALUE OF SILICONE SEALANTS CONSUMED, USD, FRANCE, 2017 - 2028
- Figure 40:
- VALUE SHARE OF SILICONE SEALANTS CONSUMED BY END USER INDUSTRY, %, FRANCE, 2021 VS 2028
- Figure 41:
- VOLUME OF OTHER RESINS SEALANTS CONSUMED, KILOGRAM, FRANCE, 2017 - 2028
- Figure 42:
- VALUE OF OTHER RESINS SEALANTS CONSUMED, USD, FRANCE, 2017 - 2028
- Figure 43:
- VALUE SHARE OF OTHER RESINS SEALANTS CONSUMED BY END USER INDUSTRY, %, FRANCE, 2021 VS 2028
- Figure 44:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, FRANCE, 2019 - 2021
- Figure 45:
- MOST ADOPTED STRATEGIES, COUNT, FRANCE, 2019 - 2021
- Figure 46:
- REVENUE SHARE OF SEALANTS BY MAJOR PLAYERS, %, FRANCE, 2021
France Sealants Industry Segmentation
Aerospace, Automotive, Building and Construction, Healthcare are covered as segments by End User Industry. Acrylic, Epoxy, Polyurethane, Silicone are covered as segments by Resin.End User Industry | Aerospace |
Automotive | |
Building and Construction | |
Healthcare | |
Other End-user Industries | |
Resin | Acrylic |
Epoxy | |
Polyurethane | |
Silicone | |
Other Resins |
Aerospace |
Automotive |
Building and Construction |
Healthcare |
Other End-user Industries |
Acrylic |
Epoxy |
Polyurethane |
Silicone |
Other Resins |
Market Definition
- End-user Industry - Building & Construction, Automotive, Aerospace, Healthcare, and Others are the end-user industries considered under the sealants market.
- Product - All sealant products are considered in the market studied
- Resin - Under the scope of the study, resins like Polyurethane, Epoxy, Acrylic, Silicone, and Others are considered
- Technology - For the purpose of this study, One component and Two component sealant technologies are taken into consideration.
Keyword | Definition |
---|---|
Hot-melt Adhesive | Hot melt adhesives are generally 100% solid formulations, based on thermoplastic polymers. They are solid at room temperature and are activated upon heating above their softening point, at which stage they are liquid, and hence, can be processed. |
Reactive Adhesive | A reactive adhesive is made up of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive. |
Solvent-borne Adhesive | Solvent-borne adhesives are mixtures of solvents and thermoplastic, or slightly cross-linked polymers, such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers (elastomers). |
Water-borne Adhesive | Water-borne adhesives use water as a carrier or diluting medium to disperse a resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a diluent, rather than a volatile organic solvent. |
UV Cured Adhesive | UV curing adhesives induce curing and create a permanent bond without heating by using ultraviolet (UV) light or other radiation sources. An aggregation of monomers and oligomers is cured or polymerized by ultraviolet (UV) or visible light in a UV adhesive. Because UV is a radiating energy source, UV adhesives are often referred to as radiation curing or rad-cure adhesives. |
Heat-resistant Adhesive | Heat-resistant Adhesives refer to those that do not break down under high temperatures. One aspect of a complicated system of circumstances is the adhesive's capacity to withstand disintegration brought on by high temperatures. As the temperature rises, adhesives may liquefy. They can withstand stresses resulting from differing coefficients of expansion and contraction, which might be an additional advantage. |
Reshoring | Reshoring is the practice of moving commodity production and manufacturing back to the nation where the business was founded. Onshoring, inshoring, and back shoring are further terms used. Offshoring, the practice of producing items abroad to lower labor and manufacturing costs, is the opposite of this. |
Oleochemicals | Oleochemicals are compounds produced from biological oils or fats. They resemble petrochemicals, which are substances made from petroleum. The oleochemical business is built on the hydrolysis of oils or fats. |
Nonporous Materials | Nonporous materials are substances that do not permit the passage of liquid or air. Nonporous materials are those that are not porous, such as glass, plastic, metal, and varnished wood. Since no air can get through, less airflow is required to raise these materials, negating the requirement for high airflow. |
EU-Vietnam Free Trade Agreement | A trade agreement and an investment protection agreement were concluded between the European Union and Vietnam on June 30, 2019. |
VOC content | Compounds with limited solubility in water and high vapor pressure are known as Volatile Organic Compounds (VOCs). Many VOCs are human-made chemicals that are used and produced in the manufacture of paints, pharmaceuticals, and refrigerants. |
Emulsion Polymerization | Emulsion polymerization is a method of producing polymers or connected groups of smaller chemical chains known as monomers, in a water solution. The method is often used to make water-based paints, adhesives, and varnishes, in which the water stays with the polymer and is marketed as a liquid product. |
2025 National Packaging Targets | In 2018, the Australian Environment Ministry set the following 2025 National Packaging Targets: 100% of the packaging must be reusable, recyclable, or compostable by 2025, 70% of plastic packaging must be recycled or composted by 2025, 50% of average recycled content must be included in packaging by 2025, and problematic and unnecessary single-use plastic packaging must be phased out by 2025. |
Russian Government’s Import Substitution Policy | The Western sanctions suspended the distribution of several high-tech items to Russia, including those required by the raw material export sectors and the military-industrial complex. In response, the government launched an "import substitution" scheme, appointing a special commission to oversee its implementation in early 2015. |
Paper Substrate | Paper substrates are paper sheets, reels, or boards with a base weight of up to 400 g/m2 that has not been converted, printed or otherwise altered. |
Insulation Material | A material that inhibits or blocks heat, sound, or electrical transmission is known as Insulation Material. The variety of insulation materials includes thick fibers like fiberglass, rock and slag wool, cellulose, and natural fibers as well as stiff foam boards and sleek foils. |
Thermal Shock | A temperature change known as thermal shock generates stress in a material. It commonly results in material breakdown and is especially prevalent in brittle materials like ceramics. When there is a quick temperature change, either from hot to cold or vice versa, this process occurs abruptly. It occurs more frequently in materials with poor heat conductivity and insufficient structural integrity. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms