Market Size of france sealants Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2028 |
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Market Size (2024) | USD 360.02 Million |
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Market Size (2028) | USD 448.33 Million |
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Largest Share by End User Industry | Building and Construction |
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CAGR (2024 - 2028) | 5.64 % |
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Fastest Growing by End User Industry | Healthcare |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
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).
360.02 Million
Market Size in 2024 (USD)
448.33 Million
Market Size in 2028 (USD)
4.38 %
CAGR (2017-2023)
5.64 %
CAGR (2024-2028)
Largest Market by End-user Industry
59.87 %
value share, Building and Construction, 2023
In the French sealants market, building and construction is the dominant end-user industry owing to the wide range of applications, including joint sealing, heat insulation, glazing, and façade.
Fastest Growing Market by End-user Industry
5.65 %
Projected CAGR, Healthcare, 2024-2028
The aerospace industry is expected to be the fastest-growing end-user industry segment owing to the rising demand for lightweight and high-strength components to substitute traditional aircraft joints.
Largest Market by Resin
41.83 %
value share, Silicone, 2023
Silicone sealants hold the largest share owing to their wide applications in the building and construction, and automotive industries, specifically for exterior applications.
Fastest Growing Market by Resin
6 %
Projected CAGR, Silicone, 2024-2028
Due to their sheer strength and high-impact resistance abilities, silicone sealants are mostly used in construction applications and are expected to witness the fastest growth in the market.
Leading Market Player
24.48 %
market share, Sika AG, 2021
Sika AG has been witnessing a growing market foothold in France due to the popularity of its products, mostly in the building and construction industry.
Growing construction in residential sector to foster the growth of sealants
- The French sealants market is driven mainly by the construction industry due to applications of sealants waterproofing, weather-sealing, crack-sealing, and joint-sealing. The construction industry of France surged by 10.5% in 2021 in volume, which increased the demand for sealants. The rapid growth of residential dwellings and maintenance of aged housing are expected to constantly foster the demand for sealants in France over the forecast period.
- The other end-user industries segment will likely account for the second-largest share in the French sealants market owing to the diverse applications in the electronics and electrical equipment manufacturing industry for potting and protecting materials. They are used for sealing sensors and cables, among others. The French electronics market has registered steady growth over the few years, and it is expected to continue, creating demand for sealants over the forecast period. The consumer electronics segment will likely register a CAGR of 1.39% up to 2027. In addition, the rising demand for sealants in the locomotive, marine, and DIY industries for sustainable and energy-efficient applications is expected to boost the market share over the forecast period.
- Sealants have considerable applications in the healthcare and automotive industries, and France has developed significantly in these sectors over the decades. They are used in healthcare primarily for assembling and sealing medical devices. The automotive sector also exhibits significant application of sealants to various substrates, such as glass, metal, plastic, and painted surfaces, and is mainly used in engines and car gaskets. These factors are expected to augment the demand for sealants in France over the forecast period.
Understand The Key Trends Shaping This Market
