Europe Adhesives and Sealants Market Size (2024 - 2029)

Europe Adhesives and Sealants Market Analysis

The Europe Adhesives Market valued at USD 19,700 million by the end of this year, and the market is projected to register a CAGR of 6% during the forecast period. The COVID pandemic has disrupted the supply chain network of raw materials, negatively affecting the adhesives and sealants market. Post-pandemic, the rising demand for construction, healthcare, and packaging industries is excepted to revive the market for adhesives and sealants.

• The demand for adhesives and sealants is extensively driven by the growing demand from the construction industry and increasing healthcare infrastructure.
• However, the market growth is likely to be hindered by the rising environmental concerns regarding the usage of chemicals.
• In the studied market, the packaging end-user segment is expected to dominate the market. However, the aerospace end-user segment is expected to be the fastest-growing segment in the region during the forecast period.
• The innovation and development of bio-based adhesives and shifting focus toward adhesive bonding for composite materials are likely to offer opportunities for the adhesives and sealants market in the region.
• Germany stands to be the largest market for adhesives and sealants in the region, where the consumption is driven by the end-user industries, such as automotive, construction, electronics, and packaging.

Europe Adhesives and Sealants Industry Segmentation

Adhesives are made from a combination of resins, additives, and solvents. The composition of the resins and additives entirely depends on the end-user industry in which they are used. The market is segmented by resin type, technology, end-user industry, and geography. By Adhesive resin type, the market is segmented into acrylic, cyanoacrylate, epoxy, polyurethane, silicone, VAE/EVA, and other resins. Concerned about technology, the market is segmented into the hot melt, reactive, solvent-borne, UV-cured, and waterborne. By sealant resin type, the market is segmented into polyurethane, epoxy, acrylic, silicone, and other resin types. By end-user industry, the market is segmented into aerospace, automotive, building and construction, footwear and leather, healthcare, packaging, woodworking and joinery, and other end-user industries. By geography, the market is distributed among the following countries: France, Germany, Italy, Russia, Spain, the United Kingdom, and the rest of Europe. The report offers market size and forecasts in terms of both revenue (USD million) and volume (kilotons) for all the above segments.