Market Size of europe construction adhesives & sealants Industry
| Icons | Lable | Value |
|---|---|---|
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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 |
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Market Concentration | Medium |
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.
Understand The Key Trends Shaping This Market
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 Industry Segmentation 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 |
Need A Different Region Or Segment?
Europe Construction Adhesives & Sealants Market Size Summary
The Europe Construction Adhesives and Sealants Market is poised for significant growth, driven by the increasing demand from the construction industry. This demand is fueled by the need for adhesives and sealants in various applications such as flooring, roofing, and weather-sealing, as well as the renovation of existing buildings to meet energy efficiency standards set by the European Commission. The market is expected to expand steadily over the forecast period, supported by policies aimed at transitioning residential infrastructure to energy-efficient and digitally resource-efficient models. The construction sector's recovery from the COVID-19 pandemic, bolstered by the EU's recovery plans, has further accelerated the demand for these materials, particularly in regions like the Rest of Europe, which includes countries such as Denmark, Ireland, and Spain.
Acrylic resin remains a dominant component in the market due to its versatility as both an adhesive and sealant, contributing to its widespread use in construction applications. The market landscape is moderately consolidated, with major players like Arkema Group, Henkel AG & Co. KGaA, MAPEI S.p.A., Sika AG, and Soudal Holding N.V. holding significant shares. Recent strategic moves, such as acquisitions and product launches, indicate a focus on expanding market presence and enhancing product offerings. As the construction industry continues to prioritize energy efficiency and digital transitions, the demand for construction adhesives and sealants is expected to grow, aligning with the broader economic and environmental goals set by European policymakers.
Europe Construction Adhesives & Sealants Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)
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1.1 Resin
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1.1.1 Acrylic
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1.1.2 Cyanoacrylate
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1.1.3 Epoxy
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1.1.4 Polyurethane
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1.1.5 Silicone
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1.1.6 VAE/EVA
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1.1.7 Other Resins
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1.2 Technology
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1.2.1 Hot Melt
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1.2.2 Reactive
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1.2.3 Sealants
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1.2.4 Solvent-borne
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1.2.5 Water-borne
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1.3 Country
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1.3.1 France
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1.3.2 Germany
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1.3.3 Italy
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1.3.4 Russia
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1.3.5 Spain
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1.3.6 United Kingdom
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1.3.7 Rest of Europe
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Europe Construction Adhesives & Sealants Market Size FAQs
How big is the Europe Construction Adhesives & Sealants Market?
The Europe Construction Adhesives & Sealants Market size is expected to reach USD 4.78 billion in 2024 and grow at a CAGR of 5.67% to reach USD 5.95 billion by 2028.
What is the current Europe Construction Adhesives & Sealants Market size?
In 2024, the Europe Construction Adhesives & Sealants Market size is expected to reach USD 4.78 billion.
