Key Findings
The Germany sealants market is estimated to grow with a CAGR of 6.06% in terms of volume, and 7.12% in terms of revenue, over the forecast years. The developing electrical and electronic division, the growing office furniture sector, and the rapidly augmenting construction industry are accredited to the country’s market growth. The base year considered for the market study is 2020, and the forecast period is from 2021 to 2025.

Market Insights
Germany harbors the largest construction industry, across Europe, accounting for nearly 5.3% of the gross domestic product (GDP) in 2018. The nation also continually invests in quality infrastructure, and has one of the most superior infrastructures, worldwide. As per the World Economic Forum’s Global Competitiveness Report, the country ranked 10th, in terms of the infrastructure index. Moreover, the construction segment’s revenue is anticipated to grow by 6%.
On the other hand, Germany’s commercial and non-residential buildings are anticipated to experience substantial growth prospects, over the upcoming years. The growth is facilitated by reduced interest rates, an increase in real disposable income, and several investments, particularly by the German government as well as the European Union. The short- and mid-term outlook for the country’s construction market projects a robust demand for housing and infrastructure investments. For instance, the construction sector also depicts a high degree of capacity utilization, with growing competition for sub-suppliers. Therefore, such factors are expected to propel the sealants market during the forecast period.

Competitive Insights
Some of the leading companies operating in the market include, BASF SE, Henkel AG & Co KgaA, Weicon GmbH & Co KG, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments