Europe Construction Adhesives & Sealants Market Size
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Study Period | 2017 - 2028 |
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Market Size (2024) | USD 4.78 Billion |
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Market Size (2028) | USD 5.95 Billion |
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Largest Share by Resin | Acrylic |
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CAGR (2024 - 2028) | 5.67 % |
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Largest Share by Country | Germany |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Europe Construction Adhesives & Sealants Market Analysis
The Europe Construction Adhesives & Sealants Market size is estimated at 4.78 billion USD in 2024, and is expected to reach 5.95 billion USD by 2028, growing at a CAGR of 5.67% during the forecast period (2024-2028).
4.78 Billion
Market Size in 2024 (USD)
5.95 Billion
Market Size in 2028 (USD)
5.48 %
CAGR (2017-2023)
5.67 %
CAGR (2024-2028)
Largest Market by Technology
43.19 %
value share, Sealants, 2023
In Europe, sealants hold the largest market share due to their wide applications in the building and construction industry, including joint sealing, insulation, curtain wall, facade, and glazing.
Largest Market by Resin
26.67 %
value share, Acrylic, 2023
Acrylic resins hold the largest market share owing to their-ranging wide applications, including joining, sealing, and filling cracks in the building and construction industry, specifically for interior and exterior applications.
Largest Market by Country
14.69 %
value share, Germany, 2023
Germany holds the largest country-wise share of the market, driven mainly by the demand for residential and commercial construction in the country.
Fastest Growing Market by Country
5.95 %
Projected CAGR, Italy, 2024-2028
Germany is likely to witness the fastest growth in the market over the forecast period, owing to the demand for new and renovation construction projects in the country.
Leading Market Player
14.79 %
market share, Sika AG, 2021
Sika AG has been witnessing increasing volume sales in the region due to the popularity of its products in the building and construction industry.
Government policies and initiatives to support the growth of construction adhesives and sealants in Europe
- The construction industry requires adhesives and sealants for purposes such as carpet layering, flooring, timber, prefabricated panels joining, wall covering, weather-sealing, and roofing. The construction industry is expected to record a 6.1% CAGR in 2022-2024 in Western Europe and a 6.4% CAGR in 2022-2024 in Central and Eastern Europe, per the EURO CONSTRUCT report. This is expected to increase demand for construction adhesives and sealants in the forecast period.
- The European Commission has framed policies to transit the residential infrastructure to energy-efficient and digital resource performance with frameworks such as the Energy Efficiency Directive and Energy Performance of Buildings. These initiatives will require the renovation of existing buildings, leading to an increase in demand for adhesives and sealants required for construction in the forecast period 2022-2028.
- The fasteners used in the construction industry for different applications, such as roofing, flooring, and window fitting, are prone to failures that can be prevented with good strength holding construction adhesives and sealants. With the development of efficient resource planning in construction, the demand for construction adhesives and sealants is expected to increase in the period 2022-2028.
- Acrylic resin accounted for the maximum share of the European construction adhesives and sealants market value share as of 2021 because of its wide usage as an adhesive for mechanical joining and with different substrates and as a sealant for materials prone to shrinkage. These applications make them widely used in the construction industry, and their demand is expected to grow over the forecast period.
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Rising construction output from Ireland, Spain, and Slovakia to raise the demand for construction adhesives and sealants
- In 2020, the overall decline in construction output by 4.4% was due to the COVID-19 pandemic spreading across Europe, which led to nationwide lockdowns, supply chain disruptions, mandatory social distancing regulations, etc. These factors led to declining demand for adhesives and sealants required for construction in 2020. The decline was maximum for the Rest of Europe regional segment because of the huge recessions in countries such as Slovakia, which recorded a 16.8% Y-o-Y decline in its construction output.
- The demand for construction adhesives and sealants increased tremendously in 2021 because of the EU Commission's recovery plan for an overall economic slowdown due to COVID-19 in 2020 such as Next Generation EU, in which the maximum fund allocation was done for the construction sector to make European buildings environmentally benign with decreased wastage of resources. The overall growth in demand for construction adhesives and sealants was highest in 2021 for the Rest of Europe segment because of Nordic countries, such as Denmark, which registered a growth of 17.8% Y-o-Y in construction output.
- The value share in the European construction adhesives and sealants market is highest for the Rest of Europe segment, which accounts for nearly half of the share because the overall construction output from countries such as Ireland is expected to grow by 15.1%, followed by Spain with 14.3%, and Slovakia with 13.5%, as published in a report by EURO CONSTRUCT in 2021.
Europe Construction Adhesives & Sealants Market Trends
Rapid growth of new construction along with rising need for renovation activities will drive the industry
- The overall revenue of construction showed a steep decrement in 2020 because of the impact of the pandemic situation due to COVID-19, which led to an overall recovery slowdown and social distancing measures on work sites.
- The overall revenue of the construction sector in Europe grew tremendously, with the highest year-on-year growth in 2021 compared to that of 2020 because of the initiatives and measures taken by the EU Commission, such as the infusion of EUR 750 billion for all sectors under the COVID recovery plan named Next Generation EU. Under the Next Generation EU plan, the construction sector received the maximum investment because of the European objective of green and digital transition in buildings which led to growth in the annual renovation rate of existing buildings and structures.
- As per the EUROCONSTRUCT report, among the segments of the European Union based on political geography, Central and Eastern Europe are expected to register a CAGR of 6.4%, followed by Western Europe at a CAGR of 6.1% in 2022-2024.
- The policymakers at European Union and national level are prioritizing the construction of new buildings and conversion of existing buildings to be energy efficient through various policies including Energy Performance of Buildings Directive and others. These policies will lead to an increase in overall revenue for construction in the forecast period.
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Europe Construction Adhesives & Sealants Industry Overview
The Europe Construction Adhesives & Sealants Market is moderately consolidated, with the top five companies occupying 51.69%. The major players in this market are Arkema Group, Henkel AG & Co. KGaA, MAPEI S.p.A., Sika AG and Soudal Holding N.V. (sorted alphabetically).
Europe Construction Adhesives & Sealants Market Leaders
Arkema Group
Henkel AG & Co. KGaA
MAPEI S.p.A.
Sika AG
Soudal Holding N.V.
Other important companies include 3M, H.B. Fuller Company, Illinois Tool Works Inc., RPM International Inc., Wacker Chemie AG.
*Disclaimer: Major Players sorted in alphabetical order.
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Europe Construction Adhesives & Sealants Market News
- April 2022: ITW Performance Polymers launched Plexus MA8105 as its newest adhesive with fast room-temperature curing, excellent mechanical properties, and a broad range of adhesion.
- February 2022: H.B. Fuller announced the acquisition of Fourny NV to strengthen its Construction Adhesives business in Europe.
- January 2022: H.B. Fuller announced the acquisition of UK-based Apollo Chemicals to expand its foothold in the European market.
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.
Europe Construction Adhesives & Sealants Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
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4.1 End User Trends
- 4.1.1 Building and Construction
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4.2 Regulatory Framework
- 4.2.1 EU
- 4.2.2 Russia
- 4.3 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)
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5.1 Resin
- 5.1.1 Acrylic
- 5.1.2 Cyanoacrylate
- 5.1.3 Epoxy
- 5.1.4 Polyurethane
- 5.1.5 Silicone
- 5.1.6 VAE/EVA
- 5.1.7 Other Resins
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5.2 Technology
- 5.2.1 Hot Melt
- 5.2.2 Reactive
- 5.2.3 Sealants
- 5.2.4 Solvent-borne
- 5.2.5 Water-borne
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5.3 Country
- 5.3.1 France
- 5.3.2 Germany
- 5.3.3 Italy
- 5.3.4 Russia
- 5.3.5 Spain
- 5.3.6 United Kingdom
- 5.3.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 3M
- 6.4.2 Arkema Group
- 6.4.3 H.B. Fuller Company
- 6.4.4 Henkel AG & Co. KGaA
- 6.4.5 Illinois Tool Works Inc.
- 6.4.6 MAPEI S.p.A.
- 6.4.7 RPM International Inc.
- 6.4.8 Sika AG
- 6.4.9 Soudal Holding N.V.
- 6.4.10 Wacker Chemie AG
7. KEY STRATEGIC QUESTIONS FOR ADHESIVES AND SEALANTS CEOS
8. APPENDIX
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8.1 Global Adhesives and Sealants Industry Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Drivers, Restraints, and Opportunities
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, EUROPE, 2017-2028
- Figure 2:
- VOLUME OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, EUROPE, 2017 - 2028
- Figure 3:
- VALUE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, USD, EUROPE, 2017 - 2028
- Figure 4:
- VOLUME OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED BY RESIN, KILOGRAM, EUROPE, 2017 - 2028
- Figure 5:
- VALUE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED BY RESIN, USD, EUROPE, 2017 - 2028
- Figure 6:
- VOLUME SHARE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED BY RESIN, %, EUROPE, 2016 VS 2022 VS 2028
- Figure 7:
- VALUE SHARE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED BY RESIN, %, EUROPE, 2016 VS 2022 VS 2028
- Figure 8:
- VOLUME OF BUILDING AND CONSTRUCTION ACRYLIC ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, EUROPE, 2017 - 2028
- Figure 9:
- VALUE OF BUILDING AND CONSTRUCTION ACRYLIC ADHESIVES AND SEALANTS CONSUMED, USD, EUROPE, 2017 - 2028
- Figure 10:
- VALUE SHARE OF BUILDING AND CONSTRUCTION ACRYLIC ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, EUROPE, 2021 VS 2028
- Figure 11:
- VOLUME OF BUILDING AND CONSTRUCTION CYANOACRYLATE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, EUROPE, 2017 - 2028
- Figure 12:
- VALUE OF BUILDING AND CONSTRUCTION CYANOACRYLATE ADHESIVES AND SEALANTS CONSUMED, USD, EUROPE, 2017 - 2028
- Figure 13:
- VALUE SHARE OF BUILDING AND CONSTRUCTION CYANOACRYLATE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, EUROPE, 2021 VS 2028
- Figure 14:
- VOLUME OF BUILDING AND CONSTRUCTION EPOXY ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, EUROPE, 2017 - 2028
- Figure 15:
- VALUE OF BUILDING AND CONSTRUCTION EPOXY ADHESIVES AND SEALANTS CONSUMED, USD, EUROPE, 2017 - 2028
- Figure 16:
- VALUE SHARE OF BUILDING AND CONSTRUCTION EPOXY ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, EUROPE, 2021 VS 2028
- Figure 17:
- VOLUME OF BUILDING AND CONSTRUCTION POLYURETHANE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, EUROPE, 2017 - 2028
- Figure 18:
- VALUE OF BUILDING AND CONSTRUCTION POLYURETHANE ADHESIVES AND SEALANTS CONSUMED, USD, EUROPE, 2017 - 2028
- Figure 19:
- VALUE SHARE OF BUILDING AND CONSTRUCTION POLYURETHANE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, EUROPE, 2021 VS 2028
- Figure 20:
- VOLUME OF BUILDING AND CONSTRUCTION SILICONE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, EUROPE, 2017 - 2028
- Figure 21:
- VALUE OF BUILDING AND CONSTRUCTION SILICONE ADHESIVES AND SEALANTS CONSUMED, USD, EUROPE, 2017 - 2028
- Figure 22:
- VALUE SHARE OF BUILDING AND CONSTRUCTION SILICONE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, EUROPE, 2021 VS 2028
- Figure 23:
- VOLUME OF BUILDING AND CONSTRUCTION VAE/EVA ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, EUROPE, 2017 - 2028
- Figure 24:
- VALUE OF BUILDING AND CONSTRUCTION VAE/EVA ADHESIVES AND SEALANTS CONSUMED, USD, EUROPE, 2017 - 2028
- Figure 25:
- VALUE SHARE OF BUILDING AND CONSTRUCTION VAE/EVA ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, EUROPE, 2021 VS 2028
- Figure 26:
- VOLUME OF BUILDING AND CONSTRUCTION OTHER RESINS ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, EUROPE, 2017 - 2028
- Figure 27:
- VALUE OF BUILDING AND CONSTRUCTION OTHER RESINS ADHESIVES AND SEALANTS CONSUMED, USD, EUROPE, 2017 - 2028
- Figure 28:
- VALUE SHARE OF BUILDING AND CONSTRUCTION OTHER RESINS ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, EUROPE, 2021 VS 2028
- Figure 29:
- VOLUME OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, KILOGRAM, EUROPE, 2017 - 2028
- Figure 30:
- VALUE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, USD, EUROPE, 2017 - 2028
- Figure 31:
- VOLUME SHARE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, EUROPE, 2016 VS 2022 VS 2028
- Figure 32:
- VALUE SHARE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, EUROPE, 2016 VS 2022 VS 2028
- Figure 33:
- VOLUME OF BUILDING AND CONSTRUCTION HOT MELT ADHESIVES CONSUMED, KILOGRAM, EUROPE, 2017 - 2028
- Figure 34:
- VALUE OF BUILDING AND CONSTRUCTION HOT MELT ADHESIVES CONSUMED, USD, EUROPE, 2017 - 2028
- Figure 35:
- VALUE SHARE OF BUILDING AND CONSTRUCTION HOT MELT ADHESIVES CONSUMED BY RESIN, %, EUROPE, 2021 VS 2028
- Figure 36:
- VOLUME OF BUILDING AND CONSTRUCTION REACTIVE ADHESIVES CONSUMED, KILOGRAM, EUROPE, 2017 - 2028
- Figure 37:
- VALUE OF BUILDING AND CONSTRUCTION REACTIVE ADHESIVES CONSUMED, USD, EUROPE, 2017 - 2028
- Figure 38:
- VALUE SHARE OF BUILDING AND CONSTRUCTION REACTIVE ADHESIVES CONSUMED BY RESIN, %, EUROPE, 2021 VS 2028
- Figure 39:
- VOLUME OF BUILDING AND CONSTRUCTION SEALANTS CONSUMED, KILOGRAM, EUROPE, 2017 - 2028
- Figure 40:
- VALUE OF BUILDING AND CONSTRUCTION SEALANTS CONSUMED, USD, EUROPE, 2017 - 2028
- Figure 41:
- VALUE SHARE OF BUILDING AND CONSTRUCTION SEALANTS CONSUMED BY RESIN, %, EUROPE, 2021 VS 2028
- Figure 42:
- VOLUME OF BUILDING AND CONSTRUCTION SOLVENT-BORNE ADHESIVES CONSUMED, KILOGRAM, EUROPE, 2017 - 2028
- Figure 43:
- VALUE OF BUILDING AND CONSTRUCTION SOLVENT-BORNE ADHESIVES CONSUMED, USD, EUROPE, 2017 - 2028
- Figure 44:
- VALUE SHARE OF BUILDING AND CONSTRUCTION SOLVENT-BORNE ADHESIVES CONSUMED BY RESIN, %, EUROPE, 2021 VS 2028
- Figure 45:
- VOLUME OF BUILDING AND CONSTRUCTION WATER-BORNE ADHESIVES CONSUMED, KILOGRAM, EUROPE, 2017 - 2028
- Figure 46:
- VALUE OF BUILDING AND CONSTRUCTION WATER-BORNE ADHESIVES CONSUMED, USD, EUROPE, 2017 - 2028
- Figure 47:
- VALUE SHARE OF BUILDING AND CONSTRUCTION WATER-BORNE ADHESIVES CONSUMED BY RESIN, %, EUROPE, 2021 VS 2028
- Figure 48:
- VOLUME OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, KILOGRAM, EUROPE, 2017 - 2028
- Figure 49:
- VALUE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, USD, EUROPE, 2017 - 2028
- Figure 50:
- VOLUME SHARE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, EUROPE, 2016 VS 2022 VS 2028
- Figure 51:
- VALUE SHARE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, EUROPE, 2016 VS 2022 VS 2028
- Figure 52:
- VOLUME OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, FRANCE, 2017 - 2028
- Figure 53:
- VALUE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, USD, FRANCE, 2017 - 2028
- Figure 54:
- VALUE SHARE OF BUILDING AND CONSTRUCTION ADHESIVES CONSUMED BY TECHNOLOGY, %, FRANCE, 2021 VS 2028
- Figure 55:
- VOLUME OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, GERMANY, 2017 - 2028
- Figure 56:
- VALUE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, USD, GERMANY, 2017 - 2028
- Figure 57:
- VALUE SHARE OF BUILDING AND CONSTRUCTION ADHESIVES CONSUMED BY TECHNOLOGY, %, GERMANY, 2021 VS 2028
- Figure 58:
- VOLUME OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, ITALY, 2017 - 2028
- Figure 59:
- VALUE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, USD, ITALY, 2017 - 2028
- Figure 60:
- VALUE SHARE OF BUILDING AND CONSTRUCTION ADHESIVES CONSUMED BY TECHNOLOGY, %, ITALY, 2021 VS 2028
- Figure 61:
- VOLUME OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, RUSSIA, 2017 - 2028
- Figure 62:
- VALUE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, USD, RUSSIA, 2017 - 2028
- Figure 63:
- VALUE SHARE OF BUILDING AND CONSTRUCTION ADHESIVES CONSUMED BY TECHNOLOGY, %, RUSSIA, 2021 VS 2028
- Figure 64:
- VOLUME OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, SPAIN, 2017 - 2028
- Figure 65:
- VALUE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, USD, SPAIN, 2017 - 2028
- Figure 66:
- VALUE SHARE OF BUILDING AND CONSTRUCTION ADHESIVES CONSUMED BY TECHNOLOGY, %, SPAIN, 2021 VS 2028
- Figure 67:
- VOLUME OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, UNITED KINGDOM, 2017 - 2028
- Figure 68:
- VALUE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, USD, UNITED KINGDOM, 2017 - 2028
- Figure 69:
- VALUE SHARE OF BUILDING AND CONSTRUCTION ADHESIVES CONSUMED BY TECHNOLOGY, %, UNITED KINGDOM, 2021 VS 2028
- Figure 70:
- VOLUME OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, REST OF EUROPE, 2017 - 2028
- Figure 71:
- VALUE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS CONSUMED, USD, REST OF EUROPE, 2017 - 2028
- Figure 72:
- VALUE SHARE OF BUILDING AND CONSTRUCTION ADHESIVES CONSUMED BY TECHNOLOGY, %, REST OF EUROPE, 2021 VS 2028
- Figure 73:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, EUROPE, 2019 - 2021
- Figure 74:
- MOST ADOPTED STRATEGIES, COUNT, EUROPE, 2019 - 2021
- Figure 75:
- REVENUE SHARE OF BUILDING AND CONSTRUCTION ADHESIVES AND SEALANTS BY MAJOR PLAYERS, %, EUROPE, 2021
Europe Construction Adhesives & Sealants Industry Segmentation
Acrylic, Cyanoacrylate, Epoxy, Polyurethane, Silicone, VAE/EVA are covered as segments by Resin. Hot Melt, Reactive, Sealants, Solvent-borne, Water-borne are covered as segments by Technology. France, Germany, Italy, Russia, Spain, United Kingdom are covered as segments by Country.
- The construction industry requires adhesives and sealants for purposes such as carpet layering, flooring, timber, prefabricated panels joining, wall covering, weather-sealing, and roofing. The construction industry is expected to record a 6.1% CAGR in 2022-2024 in Western Europe and a 6.4% CAGR in 2022-2024 in Central and Eastern Europe, per the EURO CONSTRUCT report. This is expected to increase demand for construction adhesives and sealants in the forecast period.
- The European Commission has framed policies to transit the residential infrastructure to energy-efficient and digital resource performance with frameworks such as the Energy Efficiency Directive and Energy Performance of Buildings. These initiatives will require the renovation of existing buildings, leading to an increase in demand for adhesives and sealants required for construction in the forecast period 2022-2028.
- The fasteners used in the construction industry for different applications, such as roofing, flooring, and window fitting, are prone to failures that can be prevented with good strength holding construction adhesives and sealants. With the development of efficient resource planning in construction, the demand for construction adhesives and sealants is expected to increase in the period 2022-2028.
- Acrylic resin accounted for the maximum share of the European construction adhesives and sealants market value share as of 2021 because of its wide usage as an adhesive for mechanical joining and with different substrates and as a sealant for materials prone to shrinkage. These applications make them widely used in the construction industry, and their demand is expected to grow over the forecast period.
| Resin | Acrylic |
| Cyanoacrylate | |
| Epoxy | |
| Polyurethane | |
| Silicone | |
| VAE/EVA | |
| Other Resins | |
| Technology | Hot Melt |
| Reactive | |
| Sealants | |
| Solvent-borne | |
| Water-borne | |
| Country | France |
| Germany | |
| Italy | |
| Russia | |
| Spain | |
| United Kingdom | |
| Rest of Europe |
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Market Definition
- End-user Industry - Residential construction, commercial construction, public buildings, industrial buildings and infrastructure projects are considered under the construction industry.
- Product - All adhesive and sealant products used in construction industry are considered in the market studied
- Resin - Under the scope of the study, resins like Polyurethane, Epoxy, Acrylic, Cyanoacrylate, VAE/EVA, and Silicone are considered
- Technology - For the purpose of this study, Water-borne, Solvent-borne, Reactive, Hot Melt, and Sealants 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. |
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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
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