Value of the adhesive and sealant industry in Europe
In terms of value, the major end-use markets for adhesives and sealants in Europe are:
- building and construction
- paper and board
- industrial assembly
At least half of the products are used in industrial applications.
The European market for adhesives and sealants was estimated to be worth €17.1 billion in 2020 and forecasted to grow to nearly €20.4 billion by 2024, at a compound annual growth rate (CAGR) of 4.1%. Europe represents 35% of the global adhesives and sealants market, estimated to be worth €50 billion in 2020. The global adhesives and Sealants (A&S) market has a projected CAGR of 5.6% from 2018 to 2025.
In-depth information on the European adhesives and sealants industry can be obtained from our Market Report 'European Adhesives & Sealants Market 2019-2024'.
Making everyday products possible
Adhesives and sealants play an essential role in just about every product you can imagine. Whether it’s creating or packaging the product itself; or creating the machines that made your product, the vehicles that transported it, the phones and computers you ordered the product on or the credit card and terminal you paid for it with. The classification manual provides a common set of market definitions and product categories that can be used to represent the Adhesive and Sealant Industry worldwide.
Applications of adhesives and sealants
The main applications of adhesives and sealants are:
Paper, board and related products
Footwear and leather
Consumer / DIY
Building and construction
Woodworking and joinery
Assembly operations / other