Germany, France and U.K. Sealants Market - Forecast(2024 - 2030)

Germany, France and UK Sealants Market size is expected to grow at a CAGR of 6.5% during the forecast period from 2024-2030. Sealants are elastomeric compounds made from polyurethane, polyvinyl acetate and acrylic acid which are used for sealing containers to keep the contents intact and safe. Therefore, the increase in demand from the packaging industry is majorly driving the Germany, France and UK Sealants market.

Sealants are also used in the construction industry because of their applications, such as waterproofing, weather-sealing, and crack sealing. The increasing demand from various key use industries such as building & construction, healthcare and medical, packaging industry and others is driving the demand for Germany, France and UK Sealants market.

The growing demand for sealants made from renewable, biobased materials such as starch, vegetable oils, lignin's etc. is expected to act as an opportunity. This commitment to move away from traditional fossil fuel based raw materials aligns with the principles of sustainability which contributes to a positive outlook for the Sealants industry during the forecast period.

The report: “Germany, France and UK Sealants Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Germany, France and UK Sealants Industry.

By Sealant Product: Silicone, Polyurethane, Acrylic Acid, Polyvinyl acetate and Others.

By Application: Paper and Pulp, Footwear and Leather, Woodworking and Joinery, Glass Walls and Others.

By End-Use Industry: Packaging, Automotive, Building & Construction, Electrical and Electronics, Healthcare and Medical Industry and Others.

By Country: Germany, France and UK

• UK held the largest share in the Germany, France and UK Sealants market owing to growing building and construction industry in the country.

• The increasing demand from the packaging industry is one of the major factors driving the demand for Germany, France and UK Sealants market.

• The growing European building and construction industry is also contributing to the growth of the Germany, France and UK Sealants market.

• The growing demand for biobased sealants due to increasing emphasis in the region will provide an opportunity for the market.

Polyurethane segment held the largest share in the Germany, France and UK Sealants market in the year 2023 and is also projected to witness the fastest growth in the sealants market during the forecast period, in terms of volume. Polyurethane sealants are widely used in applications of both construction and renovation & maintenance projects. Polyurethane sealants are available in single-component and multi-component formulations. Polyurethane sealants provide better adhesion, tint-ability and abrasion resistance than other types of sealants such as, polyvinyl acetate sealants, silicone sealants and others. Polyurethane sealants are commonly used in construction, automotive, parking deck & sidewalk sealing, and marine applications. This is one of the major factors driving the polyurethane segment in the Germany, France and UK Sealants market.

Paper and pulp segment held the largest share in the Germany, France and UK Sealants market in the year 2023. The increase in demand from the packaging industry is driving the Germany, France and UK Sealants market. The packaging industry makes use of paper in packaging various items ranging from perishables to non-perishables and therefore is driving the demand for sealants such as polyurethane sealants and polyvinyl acetate sealants. The increasing growth of the packed food industry in countries like UK, Germany and France is contributing to the demand of Germany, France and UK Sealants market.

The building and construction industry held the largest share in the Germany, France and UK Sealants market in the year 2023. Germany has invested in several large-scale infrastructure projects. For instance, a $3.76 billion rail project connecting Hamburg to Copenhagen in Denmark through the Fehmarnbelt Link and the SuedLink power transmission line at a cost of $10.2 billion. The projects are expected to be completed in 2028. Commercial and infrastructure construction has been increasing in France. For instance, in 2022, construction began on the Nantes New CHU Hospital with a cost of $1.4 million and the construction of a 42-story triangular office building in the 15th arrondissement of Paris with a cost of $750 million.  The increase in construction activities in the region is hugely driving the demand for sealants from the construction industry.

UK held the largest share of 39% in the Germany, France and UK Sealants market in the year 2023. The increasing application of sealants in various end use industries like building and construction, automotive industry and others is driving the demand for sealants in UK. Housebuilding in England jumped in the Q2 2023, as per the UK housing department. The number of dwellings in England where building work had started on site rose to 67,600 between April 1 and June 30 2023, an increase of 75% from Q1 2023 and an increase of one-third compared to Q2 2022. According to the quarterly Europe Hotel Construction Pipeline Trend Report Q2 2023 from Lodging Econometrics (LE), the UK tops the leaderboard with 322 hotel projects, representing 45,181 rooms. Thus, the number of construction projects is set to drives the demand for sealants in the country.

The increasing demand from packaging industry for polyurethane sealants and polyvinyl acetate sealants is driving the demand for sealants. Consumers in these countries are increasingly seeking packaging solutions that are both functional and eco-friendly. A survey by Pro Carton in 2022 asked more than 5,000 consumers from the UK, France, Germany, Spain, and Italy about their attitudes towards the environment and packaging perceptions. The survey showed that two in three European consumers intend to buy products with ecofriendly packaging. The demand for sustainable packaging materials, such as bioplastics and recyclable materials, is rising. Packaging manufacturers are adapting to these changing preferences by developing innovative and environmentally conscious packaging solutions. 

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Polyurethane sealants are used one of the toughest sealants and is majorly used for its abrasion resistance properties. Once the sealant dries, it provides an extremely tough elastic seal that can be further used in plastic, masonry, rubber, wood and various other metals. The growing use of rubbers in various key-use industries such as automotive, industrial applications and others is contributing to the demand of rubber and related products. According to European Tyre & Rubber Manufacturers Association, the turnover of the rubber industry in the year 2022 was valued at US$48 billion an increase of 6.7% compared to 2021. Thus, the increasing demand from rubber applications drives the selant market in Germany, France and the UK.

Europe is strictly regulated by various environmental laws in relation to the production of chemical products in the region. The European Union published the REACH Restriction on diisocyanates (EU regulation 2020/1149) which will introduce mandatory training requirements for workers using diisocyanates from 24 August 2023. The aim of this new EU Regulation is to enhance the protection of workers and to ensure the application of best practices across the EU in terms of health and safety. It targets respiratory and dermal sensitisation that can potentially (in case of improper use) be caused by diisocyanates and requires new minimum training prior to the use of diisocyanates and mixtures containing diisocyanates. Polyurethane (PU) products are based on diisocyanates chemistry therefore this Restriction is especially relevant for industrial and professional users of those products. This regulation will apply to professional and industrial users of products with a total monomeric diisocyanate concentration of > 0.1%. Such challenges may prove to be a hindrance for the growth of the sealants market.

 

The top 10 players in the Germany, France and UK Sealants Market are: