Market Size of germany adhesives Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2028 |
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Market Size (2024) | USD 3.39 Billion |
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Market Size (2028) | USD 4.25 Billion |
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Largest Share by End User Industry | Packaging |
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CAGR (2024 - 2028) | 5.75 % |
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Fastest Growing by End User Industry | Packaging |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Germany Adhesives Market Analysis
The Germany Adhesives Market size is estimated at 3.39 billion USD in 2024, and is expected to reach 4.25 billion USD by 2028, growing at a CAGR of 5.75% during the forecast period (2024-2028).
3.39 Billion
Market Size in 2024 (USD)
4.25 Billion
Market Size in 2028 (USD)
5.14 %
CAGR (2017-2023)
5.75 %
CAGR (2024-2028)
Largest Market by End-user Industry
37.72 %
value share, Packaging, 2023
In Germany, the packaging industry is the dominant end-user industry owing to a wide range of adhesive applications, including labels, tapes, carton sealing and joining, and others.
Fastest Growing Market by End-user Industry
5.80 %
Projected CAGR, Packaging, 2024-2028
The packaging industry is the fastest-growing end-user segment in the market, owing to the rising demand for packaging applications including labels, tapes, carton sealing and joining, laminating, and others.
Largest Market by Technology
42.07 %
value share, Water-borne, 2023
Water-borne technology, an environmentally friendly and economically viable solution, has obtained a major share of the market due to its well-recognized usage in food packaging applications through emulsion and dispersion systems.
Largest Market by Resin
20.24 %
value share, Acrylic, 2023
The acrylic-based adhesives segment holds the major market share owing to their pressure-sensitive applications in packaging, construction, and healthcare end users.
Leading Market Player
17.27 %
market share, Henkel AG & Co. KGaA, 2021
Henkel is the leading adhesives manufacturer in Germany. This can be attributed to the popularity of its products in widespread industries, including building and construction, automotive, aerospace, woodworking, and others.
Growing construction and renovation activities to boost the demand for adhesives
- Adhesives are majorly consumed in the packaging industry in the country owing to their importance in bonding plastics, metals, and paper & cardboard packaging applications. Waterborne adhesives are highly consumed in the industry because of their cheaper cost and high bonding strength which is required in these applications. It is seen that nearly 161 thousand tons of water-borne adhesives are consumed in the packaging industry of the country during 2021.
- The German adhesives market is majorly driven by the construction industry due to diverse applications, such as roofing, plumbing, and flooring. The construction industry of Germany obtained nearly 5.9% of the country’s GDP, which will propel the adhesives demand in the coming years. The increasing growth of residential construction projects due to the shortage in housing facilities and ongoing renovating works will augment the adhesives demand in Germany during the forecast period.
- Germany has achieved significant development in the healthcare and automotive industries over the decades. Adhesives are used in applications in healthcare, such as assembling and sealing medical device parts. The automotive industry exhibits significant applicability of adhesives to various substrates, such as glass, metal, plastic, and painted surfaces. Germany has registered about 23% of the market share in terms of the production of premium cars in 2021. German automotive and OEMs focus on manufacturing electric vehicles to reduce carbon emissions and maintain vehicle weight to meet the industry standard. These factors will augment automotive and OEM production in the near future, which gradually influences the demand for automotive adhesives.
Understand The Key Trends Shaping This Market
