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Germany Sealants Market Size

The Germany sealants market is experiencing growth driven by the construction industry, which significantly contributes to the market size due to the diverse applications of sealants in building construction, including waterproofing and weather-sealing. The increasing demand for sealants is further supported by the growth in residential construction projects and ongoing renovations. Additionally, the electronics and electrical equipment manufacturing sectors are contributing to the market size through the use of sealants for potting and protecting materials. The healthcare and automotive industries also play a crucial role in expanding the market size, with sealants being used in medical device assembly and automotive applications, respectively. The focus on electric vehicles and reducing carbon emissions in the automotive sector is expected to further influence the market size positively.

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Market Size of germany sealants Industry

Germany Sealants Market Summary
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svg icon Study Period 2017 - 2028
svg icon Market Size (2024) USD 554.56 Million
svg icon Market Size (2028) USD 703.82 Million
svg icon Largest Share by End User Industry Building and Construction
svg icon CAGR (2024 - 2028) 6.14 %
svg icon Fastest Growing by End User Industry Building and Construction
svg icon Market Concentration Low

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Germany Sealants Market Analysis

The Germany Sealants Market size is estimated at 554.56 million USD in 2024, and is expected to reach 703.82 million USD by 2028, growing at a CAGR of 6.14% during the forecast period (2024-2028).

554.56 Million

Market Size in 2024 (USD)

703.82 Million

Market Size in 2028 (USD)

4.91 %

CAGR (2017-2023)

6.14 %

CAGR (2024-2028)

Largest Market by End-user Industry

55.16 %

value share, Building and Construction, 2023

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In Germany, building and construction is the dominant end-user industry owing to the wide range of sealant applications, including joint sealing, heat insulation, glazing, and façade.

Fastest Growing Market by End-user Industry

5.96 %

Projected CAGR, Building and Construction, 2024-2028

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Due to the increasing healthcare expenditure and rising investment in tissue engineering and medical device production, the healthcare segment is projected to witness the fastest growth in the country.

Largest Market by Resin

43.12 %

value share, Silicone, 2023

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Silicone sealants have the largest share owing to their wide applications in building construction and automotive industries, specifically for exterior applications.

Fastest Growing Market by Resin

6.36 %

Projected CAGR, Silicone, 2024-2028

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Due to sheer strength and high impact resistance abilities, silicone sealants are mostly used in construction applications. Thus, silicone resins are expected to register the fastest growth in the market.

Leading Market Player

18.20 %

market share, Sika AG, 2021

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Sika AG has been witnessing increasing volume sales in Germany. This growth can be attributed to the popularity of its products, mostly in the building and construction industry.

Growing EV production in Germany to augment the use of sealants

  • The German sealants market is driven by the construction industry, followed by other end-user industries due to the diverse application of sealants in building construction, such as waterproofing, weather-sealing, cracks-sealing, and joint-sealing. The German construction industry obtained nearly 5.9% of the country’s GDP, propelling the demand for sealants in the coming years. The increasing growth of residential construction projects due to the shortage in housing facilities and ongoing renovation works will augment the sealants demand in Germany during the forecast period.
  • A variety of sealants are widely used in electronics and electrical equipment manufacturing for potting and protecting materials. They are used for sealing sensors and cables, etc. The German electronics market is the sixth largest in the world, generating 2.6% (2021) of revenue share, which is likely to grow in the upcoming years. This, in terms, will foster the demand for sealants in the other end-user segment.
  • Germany has achieved significant development in the healthcare and automotive industries over the decades. Sealants are used in applications in healthcare, such as assembling and sealing medical device parts. The automotive industry exhibits significant applicability of sealants to various substrates, such as glass, metal, plastic, and painted surfaces. These are mostly used in engines and car gaskets. Germany has registered about 23% of the market share in terms of the production of premium cars in 2021. German automotive and OEMs focus on manufacturing electric vehicles to reduce carbon emissions and maintain vehicle weight to meet the industry standard. These factors will augment automotive and OEM production in the near future, which gradually influences demand.
Germany Sealants Market

Germany Sealants Industry Segmentation

Aerospace, Automotive, Building and Construction, Healthcare are covered as segments by End User Industry. Acrylic, Epoxy, Polyurethane, Silicone are covered as segments by Resin.

  • The German sealants market is driven by the construction industry, followed by other end-user industries due to the diverse application of sealants in building construction, such as waterproofing, weather-sealing, cracks-sealing, and joint-sealing. The German construction industry obtained nearly 5.9% of the country’s GDP, propelling the demand for sealants in the coming years. The increasing growth of residential construction projects due to the shortage in housing facilities and ongoing renovation works will augment the sealants demand in Germany during the forecast period.
  • A variety of sealants are widely used in electronics and electrical equipment manufacturing for potting and protecting materials. They are used for sealing sensors and cables, etc. The German electronics market is the sixth largest in the world, generating 2.6% (2021) of revenue share, which is likely to grow in the upcoming years. This, in terms, will foster the demand for sealants in the other end-user segment.
  • Germany has achieved significant development in the healthcare and automotive industries over the decades. Sealants are used in applications in healthcare, such as assembling and sealing medical device parts. The automotive industry exhibits significant applicability of sealants to various substrates, such as glass, metal, plastic, and painted surfaces. These are mostly used in engines and car gaskets. Germany has registered about 23% of the market share in terms of the production of premium cars in 2021. German automotive and OEMs focus on manufacturing electric vehicles to reduce carbon emissions and maintain vehicle weight to meet the industry standard. These factors will augment automotive and OEM production in the near future, which gradually influences demand.
End User Industry
Aerospace
Automotive
Building and Construction
Healthcare
Other End-user Industries
Resin
Acrylic
Epoxy
Polyurethane
Silicone
Other Resins
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Germany Sealants Market Size Summary

The Germany sealants market is poised for significant growth, driven primarily by the construction industry, which plays a crucial role in the country's economic landscape. Sealants are extensively used in building construction for applications such as waterproofing, weather-sealing, and joint-sealing, contributing to the sector's robust demand. The construction industry in Germany, supported by increased investments in real estate and infrastructure, is experiencing a surge in residential projects due to housing shortages and ongoing renovations. This growth is further bolstered by favorable economic conditions, such as low interest rates and a growing urban population, which are expected to sustain the demand for sealants in the coming years. Additionally, the electronics and electrical equipment manufacturing sectors, being among the largest globally, also contribute to the market's expansion through the use of sealants in potting and protecting materials.

In addition to construction, the automotive and healthcare industries significantly influence the German sealants market. The automotive sector, a cornerstone of Germany's industrial output, utilizes sealants in various applications, including engines and car gaskets, particularly as the industry shifts towards electric vehicles to meet environmental standards. Despite past challenges such as economic slowdowns and supply chain issues, the automotive sector is expected to recover and drive sealant demand. Similarly, the healthcare industry employs sealants in assembling and sealing medical device parts, further diversifying the market's application areas. The market is characterized by fragmentation, with major players like 3M, H.B. Fuller Company, Henkel AG & Co. KGaA, Sika AG, and Soudal Holding N.V. leading the competition. These companies continue to innovate and expand their product offerings, ensuring the market remains dynamic and responsive to evolving industry needs.

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Germany Sealants Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)

    1. 1.1 End User Industry

      1. 1.1.1 Aerospace

      2. 1.1.2 Automotive

      3. 1.1.3 Building and Construction

      4. 1.1.4 Healthcare

      5. 1.1.5 Other End-user Industries

    2. 1.2 Resin

      1. 1.2.1 Acrylic

      2. 1.2.2 Epoxy

      3. 1.2.3 Polyurethane

      4. 1.2.4 Silicone

      5. 1.2.5 Other Resins

Germany Sealants Market Size FAQs

The Germany Sealants Market size is expected to reach USD 554.56 million in 2024 and grow at a CAGR of 6.14% to reach USD 703.82 million by 2028.

In 2024, the Germany Sealants Market size is expected to reach USD 554.56 million.

Germany Sealants Market Report Snapshots

Germany Sealants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028