Germany Adhesive & Sealant Market Research Report, 2027

Germany is one of the important markets as it leads the European Adhesive & Sealant market. Germany's automotive industry was severely affected due to the pandemic. However, increased activity in the medical industry increased the use of solvent-based adhesives. Medical devices such as ventilators, pulse oximeters, oxygen concentrators/generators, and syringe pumps are being used in large numbers. The ageing population further drives the demand ahead. The rise in the number of chronic diseases among today’s Millennials is expected to further bolster market growth. PP, paper, PVC, adhesives, and release liners are the raw materials used in the manufacturing of solvent-based adhesives. Most of these raw materials are petroleum-based derivatives that are vulnerable to fluctuations in commodity prices. Due to the increasing global demand and unrest in the Middle East region, oil prices have been highly volatile in the past. The uncertainty and fluctuations in the cost and availability of feedstock are negatively affecting the market. The growth opportunities are increasing due to the strength of solvent-based adhesives. They provide superior shear and peel strength. There is increased demand for these adhesives, majorly in the paper & packaging, automotive and healthcare industries. According to the report titled "Germany Adhesive & Sealant Market Outlook, 2027", published by Actual Market Research (AMR), the Germany Adhesive & Sealant market is expected to cross US $5 Billion by the end of the forecast period. Water-based adhesives and silicone sealants hold major market shares and drive the revenue of the market in the current year. But future demands are expected to be for solvent-based adhesives and acrylic sealants. There is a growing demand for environmentally friendly or green buildings, which gives an opportunity for the development of green and sustainable adhesive solutions. Green adhesive solutions are made from renewable, recycled, remanufactured, or biodegradable materials. The demands are majorly driven by the automotive, construction, electronics, and packaging industries. The paper and packaging industry is the leading industry in demand for adhesives and sealants in Germany. Its applications include containers, tubes, bags, carton side seams and closures, cups, labels, specialty envelopes, foil laminates, films, and corrugated boards. All industries need some degree of packaging to sell their products or transport them. All types of packaging require some extent of adhesive to be used. Furthermore, the demand is driven by small and medium-sized packages from the personal care and food and beverage industries. This is due to a change in consumer habits and an increase in disposable income. The rising popularity of online business activities further propels the market growth. Such trends driving the growth of the packaging industry are likely to further fuel the consumption of adhesives and sealants in the region. Germany has one of the biggest construction industries in Europe and the industry is recovering from the pandemic effect. Non-residential and commercial building construction is on the rise owing to low interest rates and multiple government investments. This drives the demand for the furniture industry for both residential and office furniture, which proportionately drives the demand for sealants in Germany. Acrylic sealants are expected to remain in high demand over the forecast period. This is owing to their versatility and ability to protect various substrates from dust, dirt, or insects getting through gaps. It is quick to dry and can be easily painted over within an hour of its application, which makes it ideal for internal as well as external use. Other major factors driving demand for acrylic sealants include favourable physical properties such as tensile lap shear strength and good peel. Furthermore, application in end-use industries such as consumer goods, automotive, and construction due to adhesion on a variety of layers is propelling increased demand. COVID-19's Impact on the Adhesive and Sealant Market: The pandemic hit the demand and supply chains severely affecting the adhesives and sealants market in the region. The sourcing of raw materials was difficult due to halted production activities and transport inconvenience. Several industries were shut down due to lack of workforce & materials. 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 industry, as well as the healthcare industry. However, the dependence of adhesives and sealants on the healthcare and packaging sectors is expected to lead the adhesives and sealants market to recover quickly post the pandemic. Considered in this report • Geography: Germany • Historic Year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Germany Adhesive & Sealant market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation 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.

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