The construction industry continues to control the demand for sealants.
The total demand for sealants is estimated at 533,860 tons in 2012, according to “Overview of the European Sealants Market,” a new report from IAL Consultants. Taking into account the 15 countries of Western Europe and eight countries of Eastern Europe, the market is relatively stable, showing a slight growth rate of 1.5% per year over the forecast period to 2017.
More than half of the market is occupied by silicones and polyurethanes (PUs). Silicones make up almost 40% of the market, followed by polyurethanes with almost 17% share. The third largest product group is acrylics, which represent 10%.