Saudi Arabia Construction Sealants & Adhesives Market Size, Share

Saudi Arabia Construction Sealants & Adhesives Market Research Report: Forecast (2023-2028)

By Sealants Type (Silicone, Polyurethane, Emulsion, Polysulfide), By Adhesive Technology (Water-based, Solvent-based, Hot-melt, Reactive), By Application (Bonding, Protection, Insulation, Cable Manage... ... lation, Cable Management, Sound Proofing, Others), By End Users (Residential, Commercial, Industrial), By Region (West, East, Central, South), By Company (BASF S.E., Dow Chemicals, DuPont, Fafa Adhesive & Labeling Company, 3M Company, Nordson Corporation, Polywed Construction Chemicals, Sika AG, Saveto, SAAF Technology Co. Ltd., Others) Read more

Buildings, Construction, Metals & Mining
Aug 2023
Pages 103
Report Format: PDF, Excel, PPT

Market Definition

Sealants & adhesives are essential materials used in the building or construction industry to create strong bonds & effective seals between various surfaces. They serve the dual purpose of joining different materials together, such as metals, glass, concrete, wood, and plastics, while also providing resistance against moisture, air infiltration, dust, and other environmental factors. These versatile products play a pivotal role in ensuring structural integrity, preventing leaks, and enhancing energy efficiency in buildings, making them vital components in modern construction projects.

Market Insights & Analysis: Saudi Arabia Construction Sealants & Adhesives Market (2023-28):

The Saudi Arabia Construction Sealants & Adhesives Market size was valued at USD 16.3 billion in 2022 & is estimated to grow at a CAGR of around 5.1% during the forecast period, i.e., 2023-28. This can be attributed to the thriving investments by the government to expand infrastructure & develop smart cities, the growing tourism sector, and the rising number of hospitals & clinics.

Most of the market expansion is primarily due to a massive upsurge in the population & urban development, especially in developing areas. This has led to rising demand for residential buildings, including permanent housing, in Saudi Arabia, which has contributed to enhancing the market share.

Report Coverage	Details
Study Period	Historical Data: 2018-21
	Base Year: 2022
	Forecast Period: 2023-28
CAGR (2023-2028)	5.1%
Region Cover	Central, East, West, South
Key Companies Profiled	BASF S.E., Dow Chemicals, DuPont, Fafa Adhesive & Labeling Company, 3M Company, Nordson Corporation, Polywed Construction Chemicals, Sika AG, Saveto, SAAF Technology Co. Ltd., Others
Market Value (2022)	USD 16.3 Billion

Apart from this, the country's booming construction industry, the rise in infrastructure projects, and the growing demand for advanced construction materials are also contributing to the overall market growth in the foreseeable future. For instance:

In June 2023, KPM Engineering, a company based in Dubai, has exciting plans for growth in Saudi Arabia. They aim to expand the Kingdom's share in their GCC project portfolio from 30% to an ambitious 50% by 2023. To achieve this, they have extended their global team by more than 50% after successfully securing key projects in Saudi Arabia.

Hence, the construction industry is all set to amplify in the approaching years, which, in turn, would boost demand for sealants & adhesives, enabling the Saudi Arabia Construction Sealants & Adhesives Market to upscale at a moderate rate.

Saudi Arabia Construction Sealants & Adhesives Market Driver:

Exponential Increase in the Demand for Energy-efficient Buildings – The Saudi Arabian government has taken a strong stance on decreasing energy usage, and they have an effective plan in place. One vital aspect of this plan is promoting the construction of energy-efficient buildings. To achieve this, the use of sealants & adhesives is rapidly rising since they are envisioned to play a significant role in enhancing building energy efficiency, thus driving market growth.

Saudi Arabia Construction Sealants & Adhesives Market Research Report (2023-2028) - Table of Contents

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Preface
Executive Summary
Saudi Arabia Construction Sealants & Adhesives Market Policies and Standards
Saudi Arabia Construction Sealants & Adhesives Market Trends & Developments
Saudi Arabia Construction Sealants & Adhesives Market Dynamics
1. Growth Drivers
2. Challenges
Saudi Arabia Construction Sealants & Adhesives Market Hotspot & Opportunities
Saudi Arabia Construction Sealants & Adhesives Market Supply Chain Analysis
Saudi Arabia Construction Sealants & Adhesives Market Outlook, 2018-2028
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Sealants Type
    1. Silicone
    2. Polyurethane
    3. Emulsion
    4. Polysulfide
  2. By Adhesive Technology
    1. Water-based
      1. Acrylic
      2. Polyvinyl Acetate (PVA) Emulsion
      3. Ethylene Vinyl Acetate (EVA) Emulsion
      4. Polyurethane Dispersion and CR (Chloroprene Rubber) Latex
    2. Solvent-based
      1. Chloroprene Rubber
      2. Styrene Butadiene Rubber (SBR)
      3. Poly Acrylate (PA)
    3. Hot-melt
      1. Ethylene Vinyl Acetate
      2. Styrenic Block Copolymers
      3. Thermoplastic Polyurethane
    4. Reactive
      1. Polyurethane
      2. Epoxy
      3. Modified Acrylic
      4. Anaerobic
      5. Silicone
  3. By Application
    1. Bonding
    2. Protection
    3. Insulation
    4. Cable Management
    5. Sound Proofing
    6. Others (Glazing, Flooring & Joining, Sanitary & Kitchen, etc.)
  4. By End Users
    1. Residential
    2. Commercial
    3. Industrial
  5. By Region
    1. West
    2. East
    3. Central
    4. South
  6. By Company
    1. Competition Characteristics
    2. Market Share & Analysis
Saudi Arabia Construction Sealants & Adhesives Market Key Strategic Imperatives for Success & Growth
Competition Outlook
1. Competition Matrix
  1. Product/ Solution Portfolio
  2. Target Markets
  3. Target End Users
  4. Research & Development
  5. Strategic Alliances
  6. Strategic Initiatives
2. Company Profiles
  1. BASF S.E.
  2. Dow Chemicals
  3. DuPont
  4. Fafa Adhesive & Labeling Company
  5. 3M Company
  6. Nordson Corporation
  7. Polywed Construction Chemicals
  8. Sika AG
  9. Saveto
  10. SAAF Technology Co. Ltd.
  11. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

Full Name*:

Company Name*:

Business Email*:

Country Name*:

Contact Number*:

Message:

Flexible Licensing Options

We offer flexible licensing options to cater to varying organizational needs. Choose the pricing pack that best suits your requirements:

Buy Now

Inquire Before Buying