Market Size of united kingdom sealants Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2028 |
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Market Size (2024) | USD 269.43 Million |
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Market Size (2028) | USD 336.21 Million |
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Largest Share by End User Industry | Building and Construction |
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CAGR (2024 - 2028) | 5.69 % |
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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 |
United Kingdom Sealants Market Analysis
The United Kingdom Sealants Market size is estimated at 269.43 million USD in 2024, and is expected to reach 336.21 million USD by 2028, growing at a CAGR of 5.69% during the forecast period (2024-2028).
269.43 Million
Market Size in 2024 (USD)
336.21 Million
Market Size in 2028 (USD)
2.98 %
CAGR (2017-2023)
5.69 %
CAGR (2024-2028)
Largest Market by End-user Industry
53.97 %
value share, Building and Construction, 2023
In the United Kingdom, building and construction is the dominant end-user industry owing to the wide range of sealant applications, including joint sealing, heat insulation, glazing, façade, and others.
Fastest Growing Market by End-user Industry
5.50 %
Projected CAGR, Healthcare, 2024-2028
Due to the increasing healthcare expenditure and rising investment in tissue engineering and medical device production, healthcare is projected to be the fastest-growing end-user industry in the country.
Largest Market by Resin
42.94 %
value share, Silicone, 2023
Silicone sealant is the major resin-based sealant owing to its largest application share in the building and construction industry for both interior and exterior applications.
Fastest Growing Market by Resin
6.07 %
Projected CAGR, Silicone, 2024-2028
Due to its sheer strength and high impact resistance abilities and wide usage in building and construction and healthcare end-user, silicone sealant is registered to be the fastest-growing resin in the UK sealant market.
Leading Market Player
15.78 %
market share, Sika AG, 2021
Sika is the top player in the sealants market in the United Kingdom owing to its wide range of products offered through various sales and distribution networks. The company holds a dominant position in polyurethane and silicone sealants that are mainly used for construction and automotive applications.
United Kingdom's electronics market to augment the demand for sealants in the forecast period
- The UK sealants market is largely driven by the construction industry, followed by other end-user industries due to diverse applications of sealants in building and construction activities, such as waterproofing, weather-sealing, cracks-sealing, and joint-sealing. The construction industry registered about 6% of gross value added to the economy of the United Kingdom in 2019. However, construction of new work for housing decreased by 20.7% in 2020 due to COVID-19 restrictions and scarcity of raw materials, which was restored in 2021, thus, increasing the sealants demand across the country.
- Other end-user industries will likely obtain the second largest market share in the UK sealants market owing to the diverse applications in the electronics and electrical equipment manufacturing industry for potting and protecting materials. The UK electronics market is expected to showcase an annual growth rate of 7.26% in the coming years, which will increase demand for sealants. Moreover, the rapid growth of e-commerce activities and the strong market positioning of the consumer electronics segment would like to propel the UK sealants market. In addition, sustainable growth of the locomotive, marine, and DIY industries would like to foster the demand for sealants in the United Kingdom during the forecast period.
- Sealants have considerable applications in the healthcare industry, in which the United Kingdom has achieved significant development over the decades. Sealants are used in healthcare mostly for assembling and sealing medical device parts. Increasing demand for electric vehicles due to favorable government policies and consumer preferences for lightweight vehicles will gradually influence the demand for sealants.
Understand The Key Trends Shaping This Market
