Europe Construction Adhesives Market Size & Outlook
Europe construction adhesives market, 2018-2030 (US$M)
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Europe construction adhesives market highlights
- The Europe construction adhesives market generated a revenue of USD 3,448.9 million in 2022.
- The market is expected to grow at a CAGR of 6.7% from 2023 to 2030.
- In terms of segment, water based was the largest revenue generating technology in 2022.
- Reactive & Others is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Spain is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 3,448.9 million |
| Market revenue in 2030 | USD 5,814.1 million |
| Growth rate | 6.7% (CAGR from 2022 to 2030) |
| Largest segment | Water based |
| Fastest growing segment | Reactive & Others |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water Based, Solvent Based, Reactive & Others |
| Key market players worldwide | 3M Co, Sika AG, Dow Inc, Arkema SA, Henkel AG & Co KGaA, Illinois Tool Works Inc, Avery Dennison Corp, RPM International Inc, H.B. Fuller Co, Franklin International |
Other key industry trends
- In terms of revenue, Europe region accounted for 23.0% of the global construction adhesives market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,876.2 million by 2030.
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Construction Adhesives Market Scope
Construction Adhesives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe construction adhesives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to construction adhesives market will help companies and investors design strategic landscapes.
Water based was the largest segment with a revenue share of 43.88% in 2022. Horizon Databook has segmented the Europe construction adhesives market based on water based, solvent based, reactive & others covering the revenue growth of each sub-segment from 2018 to 2030.
Renovation of dwellings in Europe is anticipated to create numerous opportunities for construction adhesives vendors. As per the European Parliament report, over 90% of the buildings in Europe were built before 1990 and over 40% before 1960, thus, several buildings required renovation and reconstruction.
As per the same report, there is a requirement of USD 1.12 trillion for building renovation in Europe. These factors together are projected to boost the demand for adhesives in construction applications. Construction Adhesives market in Germany is driven by innovation in natural construction adhesives product line.
Innovative product development and product assortment provisions are the key strategic business models adopted by multinationals in the country to capture a significant share of the market. As natural construction adhesives are derived from renewable sources, the global interest is shifting to these resources on account of several environmental concerns associated with petroleum-based construction adhesives.
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Our clientele includes a mix of construction adhesives market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe construction adhesives market , including forecasts for subscribers. This continent databook contains high-level insights into Europe construction adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe Construction Adhesives Market Outlook Share, 2022 & 2030 (US$M)
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