United Kingdom (UK) Adhesives and Sealants Market (2024-2030) | Outlook, Industry, Trends, Growth, Analysis, Revenue, Size, Companies, Forecast, Value & Share

Market Forecast By Formulation Technology (Water-based, Solvent-based, Hot melt, Reactive & Others), By Application (Paper & Packaging, Building & Construction, Woodworking, Consumer/DIY, Automotive & Transportation, Leather & Footwear, Assembly, Others), By Resin Type (Silicone, Polyurethane, Plastisol, Emulsion, Polysulfide, Butyl, Others) And Competitive Landscape

Product Code: ETC018569	Publication Date: Jun 2023	Updated Date: Sep 2024	Product Type: Report
Publisher: 6Wresearch	No. of Pages: 70	No. of Figures: 35	No. of Tables: 5

United Kingdom (UK) Adhesives And Sealants Market Competition 2023

United Kingdom (UK) Adhesives And Sealants market currently, in 2023, has witnessed an HHI of 1294, Which has decreased slightly as compared to the HHI of 2399 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

United Kingdom (UK) Export Potential Assessment For Adhesives and sealants Market (Values in USD Thousand)

United Kingdom (UK) Adhesives and Sealants Market Highlights

Report Name	United Kingdom (UK) Adhesives and Sealants Market
Forecast period	2024-2030
CAGR	5.2%
Growing Sector	Industrial Adhesives and Sealants

Topics Covered in the United Kingdom (UK) Adhesives and Sealants Market Report

The United Kingdom (UK) Adhesives and Sealants Market report comprehensively covers the market by Formulation Technology, Application, and Resin Type. The report provides an in-depth and thorough analysis of the current market trends, opportunities/high growth areas, and market drivers which will help stakeholders in formulating and aligning their market strategies according to the present and future market dynamics.

United Kingdom (UK) Adhesives and Sealants Market Synopsis

The United Kingdom (UK) Adhesives and Sealants Market is projected to witness substantial growth during the forecast period. This growth can be attributed to the increasing demand from various end-use industries such as packaging, automotive, construction and electronics.

According to 6Wresearch, the United Kingdom (UK) Adhesives and Sealants Market is expected to grow at a CAGR of 5.2% during the forecast period. The increasing demand for adhesives and sealants from various industries such as automotive, construction, packaging, and electronics is driving the growth of this market in the United Kingdom (UK). With the growing awareness and focus on sustainability, there is a high demand for adhesives and sealants that are eco-friendly and have low VOC emissions. This has led to the development of sustainable and green bonding solutions, which is further driving the growth of the market in the UK. The constant advancements in formulation technologies have resulted in the development of high-performance adhesives and sealants, which can withstand extreme conditions. This has increased their usage in industries such as aerospace, marine, and medical, thus contributing to the overall market growth.

Despite the promising growth prospects, the United Kingdom (UK) Adhesives and Sealants Market faces challenges. The fluctuation in raw material prices, coupled with strict regulations regarding the use of certain chemicals in adhesive and sealant formulations, may hinder market growth. Additionally, the availability of low-cost alternatives such as mechanical fasteners and welding processes can also pose a challenge to the market. Moreover, the high cost of specialized adhesives and sealants used in industries like aerospace and medical can be a deterrent for small scale manufacturers and end-users.

United Kingdom (UK) Adhesives and Sealants Market: Key Players

Key players in the United Kingdom (UK) Adhesives and Sealants Market include international brands like Henkel AG & Co. KGaA, Arkema S.A., 3M Company, H.B. Fuller Company, Mapei S.p.A., The Dow Chemical Company, and Sika AG. These companies are investing heavily in R&D to create innovative and efficient products to expand their market presence. Currently, 3M holds a substantial share in the market.

United Kingdom (UK) Adhesives and Sealants Market: Government Regulations

The United Kingdom (UK) has implemented various regulations and standards to ensure the safety and quality of adhesives and sealants used in different industries. The Control of Substances Hazardous to Health (COSHH) Regulations, for example, regulate the use of hazardous substances in workplaces and aim to protect workers from potential health risks. Similarly, the European Union's Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) Regulation regulates the production and trade of chemicals within its member states. Moreover, the UK government is also promoting sustainable practices through initiatives such as tax incentives for companies using renewable sources or investing in technologies that reduce carbon emissions.

Future Insights of the Market

The United Kingdom (UK) Adhesives and Sealants Market is expected to continue its growth trajectory in the coming years. The increasing demand for durable, high-performance adhesives and sealants in various industries, along with government support for sustainable practices, will be major driving factors for the market. Additionally, advancements in technology leading to the development of eco-friendly formulations and increased investments in R&D are also expected to contribute to market growth. Moreover, the growing trend towards lightweight and fuel-efficient vehicles is expected to drive the demand for adhesives and sealants in the automotive industry. The rise of electric vehicles is also creating new opportunities for adhesive manufacturers as these vehicles require specialized bonding materials.

Market Segmentation By Formulation Technology

According to Dhaval, Research Manager, 6Wresearch, Water-based technology holds the dominant market share due to its eco-friendly nature.

Market Segmentation By Application

The Building & Construction sector is expected to hold the dominant share due to the high demand for adhesives and sealants in this segment.

Market Segmentation By Resin Type

Silicone-based products are expected to dominate due to their superior performance attributes.

Key Attractiveness of the Report

10 Years Market Numbers
Historical Data Starting from 2020 to 2023
Base Year: 2023
Forecast Data until 2030
Key Performance Indicators Impacting the Market
Major Upcoming Trends and Developments

Key Highlights of the Report

United Kingdom (UK) Adhesives and sealants Market Outlook
Market Size of United Kingdom (UK) Adhesives and sealants Market, 2023
Forecast of United Kingdom (UK) Adhesives and sealants Market, 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Revenues & Volume for the Period 2020 - 2030
United Kingdom (UK) Adhesives and sealants Market Trend Evolution
United Kingdom (UK) Adhesives and sealants Market Drivers and Challenges
United Kingdom (UK) Adhesives and sealants Price Trends
United Kingdom (UK) Adhesives and sealants Porter's Five Forces
United Kingdom (UK) Adhesives and sealants Industry Life Cycle
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Formulation Technology for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Water-based for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Solvent-based for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Hot melt for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Reactive & Others for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Application for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Paper & Packaging for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Building & Construction for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Woodworking for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Consumer/DIY for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Automotive & Transportation for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Leather & Footwear for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Assembly for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Others for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Resin Type for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Silicone for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Polyurethane for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Plastisol for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Emulsion for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Polysulfide for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Butyl for the Period 2020 - 2030
Historical Data and Forecast of United Kingdom (UK) Adhesives and sealants Market Revenues & Volume By Others for the Period 2020 - 2030
United Kingdom (UK) Adhesives and sealants Import Export Trade Statistics
Market Opportunity Assessment By Formulation Technology
Market Opportunity Assessment By Application
Market Opportunity Assessment By Resin Type
United Kingdom (UK) Adhesives and sealants Top Companies Market Share
United Kingdom (UK) Adhesives and sealants Competitive Benchmarking By Technical and Operational Parameters
United Kingdom (UK) Adhesives and sealants Company Profiles
United Kingdom (UK) Adhesives and sealants Key Strategic Recommendations