Europe Adhesives & Sealants Market Outlook 2027

Europe’s opulence directly is proportionate to its automotive industry. It is world’s biggest producer of motor vehicles and has largest private investment in Research & development. The European Commission provides global technological harmonisation and R&D to stay put competition. The automotive sector has a multiplier effect on related industries namely steel, chemicals, textiles, repair, IT. Approximately 14 Million people are employed by this sector in Europe. On an average it contributes around 7% to GDP. As per 2021 study ACEA, around 12.9 million vehicles were produced in Europe. Volkswagen, Peugeot and Renault are the biggest manufacturers of cars in Europe. An average car uses approx. 15 Kg of adhesives & sealants.

According to the research report “Europe Adhesives & Sealants Market Outlook, 2027”, the adhesive & sealants market is expected to grow sluggishly at a CAGR of 3.71% during the forecast period 2027. Germany leads the region followed by Russia & France. Paper & packaging, Building & construction, automotive and healthcare form the major users of these adhesives & sealants accounting for nearly 60% market share. The region’s growth is anticipated to grow tremendously driven by the demand from consumer DIY, automotive, electrical & healthcare industry. Hot melt adhesives are forecast to grow at a CAGR of over 5%. Acrylic sealants are expected to grow at an expected CAGR of 5.67% during the forecast years. This is mainly due to reduced VOC emissions from acrylic sealants. Development of renewable resources as an alternative to petroleum-derived chemicals is expected to act as an opportunity in the future. Hot melt adhesives have the second largest market share globally in Europe region of over 20% share applied in automotive, packaging industry.

Adhesives have a wide scale use in vehicles from the outer shell to the innermost electrical. Design & production component must be accurate, quality, reliable, dependable and repeated to manufacture vehicles. The bonding materials should not fall short of meeting these requirements. Hot melt adhesives are the most sorts after for vehicle parts bonding process as they provide strong and flexible bond between two substrates. To attach the door of the car high performance hot melt is used to give flexible, durable and seamless curve to the car body. The carpet is held intact with bulk hot melt equipment and the headliners to withstand hot temperatures. It is also used in radiators, engines, batteries as they protect the wiring. Most of the components of car like dashboard, lamps, mirror, sunshades are glued together with these hot melt adhesives. Even the car seats, covers, fabric and leather if any are bonded together with these hot melt adhesives. Thus, the hot melt adhesives exorbitant growth is driven by the regions automotive manufacturing business.

Consumer DIY in Europe is the largest user of adhesives & sealants globally with over 5% share in the region. The EU Green Deal advocates Right to Repair which has acted as a major driver for this segment. The deal focuses on sustainable, low carbon, bio diverse and circular economy. Fossil based raw materials and recyclable materials would be in greater demand to lower the CO2 footprint across the region. There are many consumer DIY adhesives in market which are easy to apply to a range of surfaces and safe to handle. There are construction adhesives too that can be used to do small renovation or repairing of the house without requiring any other labour force to do it. The pandemic has taught the people of Europe the importance of self-repair ability as the manpower was limited and costly at the same time.

Healthcare industry growth is driven by rapid incidence of diseases like cancer, obesity, heart problems leading to rising number of surgeries. As a result of which surgical sealants are in high demand. Traditionally sutures, staplers or threads were used to seal wounds that had serious threats of tissue damage, infection and delayed repair to body. However with rapid technology advancements these are replaced by sealants. Moreover, the recent advancement of biocompatible adhesives have reduced the complications of invasive surgery.

The Pandemic hit the demand and supply chains severely affecting the adhesives & sealants market in the region. The raw materials were not soured in time that delayed production activities across industries. The automotive sectors faced large scale workforce shortage due to immobility of labourers. The manufacturing and sales of vehicles dropped down during the pandemic. However, the construction of temporary hospitals and quarantine centres increased with this outbreak of coronavirus. Certain adhesive products witnessed strong demand due to their applications in the paper and packaging, as well as healthcare industry. Consumer DIY significantly grew due to stay at home directives of the government and unavailability of labour workforce. However, dependence of adhesive & sealant on healthcare and packaging sector is expected to lead the adhesives and sealants market to recover soon post the pandemic.

Major Companies present in the market:

Henkel AG, 3m Inc. , Sika AG, H.B. Fuller Company, Arkema S.A., Huntsman Corporation, Illinois Tool Works Inc., Wacker Chemie AG, DuPont De Nemours, Inc., Pidilite Industries Limited, Avery Dennison Corporation, Dow Inc., Ashland Global Specialty Chemicals Inc.

Considered in this report

• Geography: Regional
• Historic Year: 2016
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027

Aspects covered in this report

• Europe Adhesive & Sealant market with its value and forecast along with its segments
• Country wise market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Countries covered in the report

• Germany
• United Kingdom
• France
• Italy
• Spain
• Russia

By Type in the report:

• Adhesive
• Sealant

By Formulating Technology in the report:

• Water-based
• Solvent-based
• Hot-melt
• Reactive & Others

By Resin Type in the report:

• Silicone
• Polyurethane
• Acrylic
• Polyvinyl Acetate
• Other Sealant Product

By Application Type in the report:

• Paper, Board, and Packaging
• Buildings and Construction
• Automotive & Transportation
• Woodworking and Joinery
• Footwear and Leather
• Healthcare
• Electrical and Electronics
• Consumer & DIY
• Other End-user Industries

The approach of the report:

This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning. Post this we have started doing primary calls to industry people by equally segmenting in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry manufactures, consultants, Key vendors related to Adhesive & Sealant industry. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.