The Middle East & Africa adhesives and sealants market was valued at US$ 3,115.15 million in 2022 and is expected to reach US$ 3,974.15 million by 2030; it is estimated to grow at a CAGR of 3.1% from 2022 to 2030 .
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Based on end-use industry, the Middle East & Africa adhesives and sealants market is segmented into automotive, aerospace, paper and packaging, building and construction, electrical and electronics, medical, and others. The building and construction segment held the largest market share in 2022.
Based on country, the Middle East & Africa adhesives and sealants market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa adhesives and sealants market share in 2022.
Henkel AG and Co KGaA, HB Fuller Company, Sika AG, 3M Co, Huntsman International LLC, Dow Inc, Wacker Chemie AG, and Parker Hannifin Corp are some of the leading players operating in the Middle East & Africa adhesives and sealants market.
Reasons to Buy
Sustainability Initiatives by Developed and Developing Economies fuel the Middle East & Africa Adhesives and Sealants Market
Several manufacturers are focused on developing adhesives and sealants from biological sources and agro-wastes in response to the global focus on sustainable development and circular economies. In 2023, Dubai Municipality launched a new social initiative to increase recycling and reduce the environmental impact of waste items. The program attempts to incentivize the public and private sectors to support waste management and raise the proportion and quality of recycled materials. This effort aligns with national goals and the UAE's commitment to Net Zero 2050. In 2022, to move toward a sustainable, circular economy, Saudi Arabia has published its first-ever circular economy roadmap. Four main goals are outlined in the roadmap for the nation's shift to a circular economy, including raising recycling rates from 25% to 60% by 2030. There is a switch in a trend toward recycling of adhesives and sealants from manufacturers in developed economies. The development of debondable hot-melt adhesives made of high-performance materials from sustainable and natural biomolecules is in trend due to their ability of being recycled. These adhesives find their applications in many end-use industries such as transportation, consumer electronics & appliances, and military. Therefore, the growing awareness of sustainable development and increasing focus on a circular economy will propel the demand for recycled adhesives and sealants and reactivation processes in different industries in the coming years .Middle East & Africa Adhesives and Sealants Market Overview
The Middle East & Africa adhesives and sealants market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The adhesives and sealants market growth in the region is mainly driven by the strong growth of industries such as building & construction, packaging, and electrical & electronics. The construction of commercial infrastructure has upsurged in the region due to the growing tourism industry and the rising immigrant population. Advancements in construction activities and several government initiatives, such as funding for infrastructure developments, are also driving the adhesives and sealants market. Further, the automotive industry in South Africa is the most important manufacturing industry in the region. The increasing online sales of different products and the growing food industry positively impact the packaging market, thereby driving the demand for adhesives and sealants.Middl
e East & Africa Adhesives and Sealants Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Adhesives and Sealants Market Segmentation
The Middle East & Africa adhesives and sealants market is segmented based on resin type, end-use industry, and country. Based on resin type, the Middle East & Africa adhesives and sealants market is bifurcated into adhesives and sealants. The adhesives segment held a larger market share in 2022. Additionally, the adhesives segment is categorized into epoxy, polyurethane, acrylic, and others. Further, the sealants segment is subsegmented into silicone sealant, urethane sealant, acrylic sealant, polysulfide sealant, and others.Based on end-use industry, the Middle East & Africa adhesives and sealants market is segmented into automotive, aerospace, paper and packaging, building and construction, electrical and electronics, medical, and others. The building and construction segment held the largest market share in 2022.
Based on country, the Middle East & Africa adhesives and sealants market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa adhesives and sealants market share in 2022.
Henkel AG and Co KGaA, HB Fuller Company, Sika AG, 3M Co, Huntsman International LLC, Dow Inc, Wacker Chemie AG, and Parker Hannifin Corp are some of the leading players operating in the Middle East & Africa adhesives and sealants market.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa adhesives and sealants market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa adhesives and sealants market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa adhesives and sealants market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Middle East & Africa Adhesives and Sealants Market Landscape
5. Middle East & Africa Adhesives and Sealants Market - Key Market Dynamics
6. Adhesives and Sealants Market - Middle East & Africa Market Analysis
7. Middle East & Africa Adhesives and Sealants Market Analysis - Resin Type
8. Middle East & Africa Adhesives and Sealants Market Analysis - End Use Industry
9. Middle East & Africa Adhesives and Sealants Market - Country Analysis
10. Competitive Landscape
11. Industry Landscape
12. Company Profiles
List of Tables
List of Figures
Companies Mentioned
- Henkel AG and Co KGaA
- HB Fuller Company
- Sika AG
- 3M Co
- Huntsman International LLC
- Dow Inc
- Wacker Chemie AG
- Parker Hannifin Corp
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 117 |
Published | January 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 3115.15 Million |
Forecasted Market Value ( USD | $ 3974.15 Million |
Compound Annual Growth Rate | 3.1% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 8 |