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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
United Kingdom Sealants Market Size
The United Kingdom sealants market is projected to grow at a CAGR of 7.20% between 2024 and 2032.
Key Takeaways
- In January 2024, the United Kingdom had around 1,000,000 fully electric cars and an additional 600,000 plug-in hybrids on its roads. Sealants are applied to various components within the electric drivetrain, such as motors. Proper sealing ensures optimal performance and longevity of EVs.
- Notably, electric cars accounted for 14.7% of all new car registrations during January 2024.
- The growing demand for silicone sealants can be attributed to their strength, durability, and extensive use in construction and healthcare applications.
The automotive industry's demand for sealing solutions drives United Kingdom sealants market growth. Sealants are integral in automotive assembly for applications such as bonding, noise reduction, and ensuring vehicle integrity. Also, the surge in construction and infrastructure development projects in United Kingdom increases the demand for sealants. Sealants play a crucial role in sealing joints and providing weather-resistant solutions in building construction, contributing to market growth.
An emerging trend in market is introduction of bio-based sealant, which are derived from renewable biomass such as vegetable oils or natural resins, making them more environmentally friendly than traditional petroleum-based products. Merbenatur e is an example of a bio-based sealant that is gaining popularity in the UK. It can be used for sealing movement and element joints in building construction, as well as for bricking, plaster, wood, various metals, and plastics in indoor and outdoor areas.
Additionally, the increasing use of sealants in electric vehicle (EV) manufacturing is further contributing to United Kingdom sealants market development as sealants ensure effective sealing of battery compartments, reduce noise, and enhance overall vehicle performance. The number of electric cars registered in 2023 reached nearly 315 ,000, which contributed to market growth as well.
The silicone-based resins are expected to dominate the market as they offer excellent durability, flexibility, and resistance to extreme temperatures. This makes them preferable in many industrial applications, such as building and construction of houses and offices. The demand for silicone sealants is further driven by other end-user industries, including the healthcare, electronics, locomotive, marine, and do-it-yourself (DIY) sectors.
The automotive end user segment command a significant United Kingdom sealants market share as sealants are vital for automotive manufacturers. Automotive manufacturers of UK, such as Bostik, Hylomar Ltd, and Antala utilise sealants for various applications, such as for bonding interior components (dashboards, electronic systems), sealing exteriors, and enhancing e-motor and battery applications. Sealants contribute to vehicle quality and reliability.
United Kingdom Sealants Market Report Snapshots
United Kingdom Sealants Market Size
United Kingdom Sealants Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The United Kingdom sealants market value is estimated to grow at a CAGR of 7.20% between 2024 and 2032.
Growing construction and automotive industries, advancements in sealant technologies, and the emphasis on sustainability are some of the major factors propelling the growth of the market.
Key trends aiding the market are the increased demand for high-performance hybrid sealants, emergence of bio-based sealants, and the rising use of sealants in making of electric vehicles (EVs).
By end use, the market segmentations include aerospace, automotive, building and construction, footwear and leather, healthcare, packaging, and woodwork and joinery.
Smart sealant technologies provide functionalities such as self-healing and real-time monitoring, contributing to structural health monitoring by detecting and addressing potential issues, enhancing the longevity of sealed structures.
Sealants play a crucial role in electric vehicle manufacturing by ensuring effective sealing of battery compartments, reducing noise, and contributing to overall vehicle performance and longevity.
Key players in the market are Henkel AG & Co. KGaA, 3M Co., Saint Gobain SA, Wacker Chemie AG, Sika Limited, Arkema Group, H.B. Fuller Company, Evonik Industries AG, and Dow Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124