UNITED KINGDOM ADHESIVES MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

 The estimated CAGR for the United Kingdom adhesives market is 6.38%. Adhesives are crucial for bonding and connecting the numerous substrates used in different sectors. These adhesives aid manufacturers in reducing the weight of their parts and assemblies and in accurately, swiftly, and easily forming the joints. Consumption fell by 10.57% in 2020 as a result of the COVID-19 pandemic, compared to 2019.

The greatest consumer of adhesives is the packaging industry, which needed 144,451 tonnes of adhesives in 2021, a 6% increase from 2020. In the UK, flexible packaging has seen significant expansion. 

One of the main sectors in which adhesives are used in the nation is healthcare. The National Health Service (NHS) is the largest buyer of medical supplies in the UK. Each year, the National Health Service (NHS) spends over $25 billion on medical supplies and services. 84% of people are served by NHS England. During the projected period, it is predicted that the country's rising healthcare investments will fuel demand for adhesives.

In 2021, the United Kingdom had 7.8% of the shares, making it the fourth-largest European nation. Potential types of adhesives used in a variety of end-user industries, including as construction, automotive, and healthcare, include acrylic and polyurethane. The market share for all resin-based adhesives in the UK was approximately 29% in 2021, with polyurethane and EVA coming in second and third. From 2022 to 2028, the UK epoxy adhesives market is anticipated to grow at a CAGR of 7.08%.

Major Players:  Arkema Group, Beardow Adams, H.B. Fuller Company, Henkel AG & Co. KGaA and Sika AG



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