Market Size of Europe Construction Adhesives Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Construction Adhesives Market Analysis
The Europe construction adhesives market is expected to grow at a CAGR greater than 4% during the forecast period. One of the major factors driving the market is the growing demand for waterborne construction adhesives.
- Rising Demand from Panels and Glazing in High-Rise Buildings is expected to provide a major growth opportunity for the market studied.
- Germany accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
- Among the technology, waterborne adhesives are expected to dominate the market studied during the forecast period.
Europe Construction Adhesives Industry Segmentation
The Europe construction adhesives market report includes:
Resin Type | |
Acrylics | |
Epoxy | |
Polyurethanes | |
Polyvinyl Acetate (PVA) | |
Silicones | |
Other Resin Types |
Technology | |
Water-borne | |
Reactive | |
Hot-melt | |
Other Technologies |
End-use Sector | |
Residential | |
Commercial | |
Infrastructure | |
Industrial |
Geography | |
Germany | |
United Kingdom | |
France | |
Italy | |
Rest of Europe |
Europe Construction Adhesives Market Size Summary
The Europe construction adhesives market is poised for significant growth, driven by the increasing demand for waterborne construction adhesives. This growth is particularly fueled by the rising need for adhesives in panels and glazing applications within high-rise buildings. Germany stands out as the leading country in this market, with expectations to maintain its dominance throughout the forecast period. The preference for waterborne adhesives, which utilize water as a carrier and are characterized by low volatile organic compounds, is anticipated to continue. These adhesives, derived from both synthetic and natural polymers, are extensively used in various construction applications, including tile bonding and laminating, due to their effective performance and environmental benefits.
The German construction adhesives market is bolstered by the robust demand from both residential and non-residential sectors, supported by favorable economic conditions such as low interest rates and increased disposable incomes. The government's investments and the high capacity utilization in the construction sector further contribute to this growth. Despite the competitive landscape and challenges like workforce shortages, Germany's market outlook remains strong. The Europe construction adhesives market is moderately consolidated, with key players like 3M, Arkema Group, Dow, Henkel AG & KGaA, and Sika AG holding significant market shares, indicating a competitive yet focused industry environment.
Europe Construction Adhesives Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Growing Demand for Solvent-borne Construction Adhesives
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1.2 Restraints
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1.3 Industry Value-chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Resin Type
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2.1.1 Acrylics
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2.1.2 Epoxy
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2.1.3 Polyurethanes
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2.1.4 Polyvinyl Acetate (PVA)
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2.1.5 Silicones
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2.1.6 Other Resin Types
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2.2 Technology
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2.2.1 Water-borne
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2.2.2 Reactive
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2.2.3 Hot-melt
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2.2.4 Other Technologies
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2.3 End-use Sector
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2.3.1 Residential
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2.3.2 Commercial
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2.3.3 Infrastructure
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2.3.4 Industrial
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2.4 Geography
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2.4.1 Germany
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2.4.2 United Kingdom
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2.4.3 France
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2.4.4 Italy
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2.4.5 Rest of Europe
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Europe Construction Adhesives Market Size FAQs
What is the current Europe Construction Adhesives Market size?
The Europe Construction Adhesives Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Europe Construction Adhesives Market?
3M, H.B. Fuller Company, Dow, Henkel AG & Co. KGaA and Sika AG are the major companies operating in the Europe Construction Adhesives Market.