영국의 실란트 시장 : 점유율 분석, 산업 동향, 통계, 성장 예측(2025-2030년)

The United Kingdom Sealants Market size is estimated at 269.43 million USD in 2024, and is expected to reach 336.21 million USD by 2028, growing at a CAGR of 5.69% during the forecast period (2024-2028).

United Kingdom's electronics market to augment the demand for sealants in the forecast period

• The UK sealants market is largely driven by the construction industry, followed by other end-user industries due to diverse applications of sealants in building and construction activities, such as waterproofing, weather-sealing, cracks-sealing, and joint-sealing. The construction industry registered about 6% of gross value added to the economy of the United Kingdom in 2019. However, construction of new work for housing decreased by 20.7% in 2020 due to COVID-19 restrictions and scarcity of raw materials, which was restored in 2021, thus, increasing the sealants demand across the country.
• Other end-user industries will likely obtain the second largest market share in the UK sealants market owing to the diverse applications in the electronics and electrical equipment manufacturing industry for potting and protecting materials. The UK electronics market is expected to showcase an annual growth rate of 7.26% in the coming years, which will increase demand for sealants. Moreover, the rapid growth of e-commerce activities and the strong market positioning of the consumer electronics segment would like to propel the UK sealants market. In addition, sustainable growth of the locomotive, marine, and DIY industries would like to foster the demand for sealants in the United Kingdom during the forecast period.
• Sealants have considerable applications in the healthcare industry, in which the United Kingdom has achieved significant development over the decades. Sealants are used in healthcare mostly for assembling and sealing medical device parts. Increasing demand for electric vehicles due to favorable government policies and consumer preferences for lightweight vehicles will gradually influence the demand for sealants.

United Kingdom Sealants Market Trends

Rising investments in housing and infrastructure by the government to boost the construction industry

• The United Kingdom is one of the largest construction markets in Europe. In 2020, the UK construction market contracted by 19.5% due to the COVID pandemic. The number of new homes registered to be built in the United Kingdom declined by 23.2% in 2020, falling to 123,151 homes. There were 115,455 new homes completed, 23% down from the previous year because of COVID-19 in the country. However, in 2021, the construction market recovered and registered a growth rate of 4.7% compared to the same period in 2020. The National House Building Council (NHBC) announced 153,339 new home registrations in 2021, a 25% increase compared to 2020.
• Private sector registrations are the key driver in the United Kingdom, and registrations rose from 80,475 in 2020 to 114,477 in 2021, an increase of more than 40%. In contrast, new home registrations in the rental sector decreased by 8% from 42,460 in 2020 to 38,862 in 2021 due to the deflection of Housing Association capital budgets toward building safety remediation on existing housing stock.
• The annual construction output increased by a record 12.7% in 2021 compared to 2020, mainly due to the pandemic contributing to a very weak 2020. The total new orders for construction increased by 9.2% (EUR1,121 million) in Q4 2021 compared to Q3 2021. The total construction output (seasonally adjusted) grew by 2.0% (EUR 281 million) in December 2021 compared to November 2021.
• To provide better infrastructure to the population across the country, the government has planned to invest 1-2% of its GDP in construction and infrastructure between 2020 and 2050 as part of the National Productivity Investment Fund (NPIF). Therefore, all the abovementioned factors are likely to impact the market studied.

In addition to eco-friendly transportation by 2030, electric vehicle registrations growth is likely to propel the automotive production

• The UK automotive industry is a vital part of the UK economy, worth more than EUR 60.2 billion in turnover and adding EUR 11.9 billion value to the UK economy. However, in 2020, the automotive vehicle production in the country reduced by 29.5% compared to the same period in 2019, as the UK automotive sector faced some of the biggest challenges in its history while responding to the COVID-19 pandemic and repositioning for Brexit implications.
• After contracting by 29.5% in 2020, British automotive vehicle production further declined by 4.7% in 2021, as the semiconductor shortage severely affected production. New car registrations decreased 34% Y-o-Y in September 2021, which is excepted to affect the UK sealants market in the future.
• The United Kingdom is planning to phase out gasoline and diesel vehicles to promote the transition to more eco-friendly transportation by 2030. The country also planned an investment of over GBP 1.8 billion in infrastructure and grants to expand access to zero-emission vehicles and support a green economic recovery, thereby increasing the demand for the electric vehicles market in the country.
• The total number of BEV, PHEV, and HEV registrations in the United Kingdom accounted for 452,527 in 2021, registering a growth rate of 58.7% Y-o-Y, compared to 285,199 registrations in 2020. Out of total registrations in 2021 (with percentage Y-o-Y change), 190,727 (76.3%) were BEVs, 114,554 (70.6%) were PHEVs, and 147,246 (34.0%) were HEVs. In 2021, BEV, PHEV, and HEV captured around 27.5% share of total car registrations in the country.

United Kingdom Sealants Industry Overview

The United Kingdom Sealants Market is moderately consolidated, with the top five companies occupying 41.26%. The major players in this market are Arkema Group, Dow, Henkel AG & Co. KGaA, Sika AG and Soudal Holding N.V. (sorted alphabetically).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY & KEY FINDINGS

2 REPORT OFFERS

3 INTRODUCTION

• 3.1 Study Assumptions & Market Definition
• 3.2 Scope of the Study
• 3.3 Research Methodology

4 KEY INDUSTRY TRENDS

• 4.1 End User Trends
  • 4.1.1 Aerospace
  • 4.1.2 Automotive
  • 4.1.3 Building and Construction
• 4.2 Regulatory Framework
  • 4.2.1 United Kingdom
• 4.3 Value Chain & Distribution Channel Analysis

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

• 5.1 End User Industry
  • 5.1.1 Aerospace
  • 5.1.2 Automotive
  • 5.1.3 Building and Construction
  • 5.1.4 Healthcare
  • 5.1.5 Other End-user Industries
• 5.2 Resin
  • 5.2.1 Acrylic
  • 5.2.2 Epoxy
  • 5.2.3 Polyurethane
  • 5.2.4 Silicone
  • 5.2.5 Other Resins

6 COMPETITIVE LANDSCAPE

• 6.1 Key Strategic Moves
• 6.2 Market Share Analysis
• 6.3 Company Landscape
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
  • 6.4.1 3M
  • 6.4.2 Adshead Ratcliffe & Co Ltd.
  • 6.4.3 Arkema Group
  • 6.4.4 Dow
  • 6.4.5 Henkel AG & Co. KGaA
  • 6.4.6 Hodgson Sealants
  • 6.4.7 MAPEI S.p.A.
  • 6.4.8 RPM International Inc.
  • 6.4.9 Sika AG
  • 6.4.10 Soudal Holding N.V.

7 KEY STRATEGIC QUESTIONS FOR ADHESIVES AND SEALANTS CEOS

8 APPENDIX

• 8.1 Global Adhesives and Sealants Industry Overview
  • 8.1.1 Overview
  • 8.1.2 Porter's Five Forces Framework (Industry Attractiveness Analysis)
  • 8.1.3 Global Value Chain Analysis
  • 8.1.4 Drivers, Restraints, and Opportunities
• 8.2 Sources & References
• 8.3 List of Tables & Figures
• 8.4 Primary Insights
• 8.5 Data Pack
• 8.6 Glossary of Terms