Middle East & Africa Industrial Adhesive & Sealant

Middle East & Africa Industrial Adhesive & Sealant Market Research Report: Forecast (2021-2026)

By Adhesive & Sealants Product Type (Acrylic Adhesives, Silicone, Polyurethanes, Epoxy, Polyvinyl Acetate, Acrylic Sealants, Others), By Adhesive & Sealants End-User Industry (Building and Constructio Read more

  • Chemicals
  • Jul 2021
  • 187
  • CM44010

Adhesives & sealants are non-metallic substances applied between two surfaces to bind them together. They are used primarily for attaching tiles and fixtures to ceilings & floors. Sealant is the substance used in construction activities to prevent fluid and other substances from passing through joints or openings. It can also help in blocking the passage of air, dust, and sound.

According to MarkNtel Advisors’ research report, “Middle East & Africa Industrial Adhesives & Sealants Market Analysis, 2021”, the market is likely to grow at a CAGR of around 6.7% during 2021-26. The demand for industrial adhesives & sealants is primarily due to the rapidly growing construction industry, infrastructural developments, and the introduction of high-performance formulations. Besides, the rising adoption of new design techniques and technologies further provides lucrative growth opportunities to industrial adhesives & sealants in the Middle East & Africa Region.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-2026) 6.7%
Regions Covered Middle East & Africa: UAE, Saudi Arabia, Qatar, Egypt, South Africa, Rest of Middle East & Africa
Key Companies Profiled 3M Company, Dow, Arkema Group, ITW Performance Polymers, Henkel Ag & Co KGaA, H.B. Fuller Company, Momentive Performance Materials Inc, Pidilite Industries Ltd., Star UAE, Huntsman International LLC
Unit Denominations USD Million/Billion

 

COVID-19 Pandemic Negatively Impacted the Market Growth

The sudden outbreak of the COVID-19 pandemic has impacted most industries due to nationwide lockdown and other stringent restrictions. The Middle East & Africa Industrial Adhesives & Sealants Market was no exception and faced several challenges, primarily due to disruption in supply chain and logistics, owing to the scarcity of human power. Further, the movement restrictions of people and their varying demand for different products also impacted the market growth.

However, with the gradual upliftment of lockdown and ease of norms, the construction & other industrial projects, which were on hold, are resuming and regaining their pace. Hence, the demand for Industrial Adhesives & Sealants in the coming future shall increase significantly in the Middle East & Africa in the coming years.

Middle East & Africa Industrial Adhesive & Sealant Market Research Report: Forecast (2021-2026)

Market Segmentation

Building and Construction Segment Accounted for the Highest Market Share

Based on End-Users, the market bifurcates into Building and Construction, Paper, Board & Packaging, Transportation, Woodworking and Joinery, Footwear and Leather, Healthcare, and Electrical and Electronics. Of them all, the Building and Construction industry acquired the largest market share in the Middle East & Africa Industrial Adhesives & Sealants Market in the previous few years. 

The adhesives and sealants are used extensively in the Building & Construction industry due to their physical properties & characteristics, including good elasticity, high cohesive strength, flexibility, high resistance from thermal expansion, and environmental resistance from UV light, corrosion, rain, & other extreme weathering conditions. Their several applications include ventilation, roofing, joint cement, resilient flooring, fixed window frames, etc. Hence, these crucial characteristics & applications of adhesives & sealants are likely to fuel their growth in the forecast period, cites MarkNtel Advisors in their research report, “Middle East & Africa Industrial Adhesives & Sealants Market Analysis, 2021.”

Acrylic Adhesives Dominated the Middle East & Africa Industrial Adhesives & Sealants Market 

Based on the Product Type, the market bifurcates into Acrylic Adhesives, Silicone, Polyurethanes, Epoxy, Polyvinyl Acetate, and Acrylic Sealants. Among these segments, the Acrylic Adhesives captured the significant market share in the Middle East & Africa Industrial Adhesives & Sealants Market in the past few years. The demand for acrylic adhesives is soaring due to their various benefits, such as good resistance to the varying temperature range, oxidation, and UV light. Moreover, if incorrectly applied, they can easily be removed and reinstalled. Hence, the properties exhibited by the acrylic adhesives lead to boost the overall market growth.

Regional Landscape

Saudi Arabia Attained the Highest Share of the Middle East & Africa Industrial Adhesives & Sealants Market 

Among all the Middle East & African countries, Saudi Arabia held the largest share in the Middle East & Africa Industrial Adhesives & Sealants Market in the previous few years, owing to the increasing number of construction activities. In addition to this, burgeoning demand for packaged consumer food also aids the need for adhesives in the packaging industry, thereby driving the market growth in Saudi Arabia.

Market Driver

Rising Demand from Developing Countries to Boost the Market Growth

The rapidly increasing construction industry, automotive industry, and packaging materials in developing countries fuel the demand for adhesives & sealants in these industries. Further, the rising middle-class population and rapid urbanization also lead to augment the need for adhesives & sealants in the infrastructure & construction activities, thereby propelling the overall market growth.

Market Challenge

The abundance of Chemicals Used in Adhesives and Sealants

A massive amount of chemicals used while producing adhesives and sealants are harmful & hazardous to health if inhaled. Hence, regulations imposed while using adhesives & sealants are strict, thereby hindering the market growth.

Competitive Landscape

According to MarkNtel Advisors, the major leading players in the Middle East & Africa Industrial Adhesives & Sealant market are 3M Company, Dow, Arkema Group, ITW Performance Polymers, Henkel Ag & Co KGaA, H.B. Fuller Company, Momentive Performance Materials Inc, Pidilite Industries Ltd., Star UAE, and Huntsman International LLC.

Key Questions Answered in the Market Research Report:

  1. What are the overall market statistics or estimates (Market Overview, Market Size- by Value, Forecast Numbers, Market Segmentation, and Market Shares) of the Middle East & Africa Industrial Adhesives & Sealant Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Middle East & Africa Industrial Adhesives & Sealant Market? 
  4. Who are the key competitors, their key strengths & weaknesses, and how they perform in the Middle East & Africa Industrial Adhesives & Sealant Market based on a competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the Middle East & Africa Industrial Adhesives & Sealant Market study?    

Market Outlook, Segmentation, and Statistics 

  • Impact of COVID-19 on Middle East & Africa Industrial Adhesives & Sealant Market
  • Market Size & Analysis
    • By Revenue
  • Market Share & Analysis
    • By Adhesive & Sealants Product Type
      • Acrylic Adhesives
      • Silicone
      • Polyurethanes
      • Epoxy
      • Polyvinyl Acetate
      • Acrylic Sealants
      • Others
    • By Adhesive & Sealants End-User Industry
      • Building and Construction
      • Paper, Board, and Packaging
      • Transportation
      • Woodworking and Joinery
      • Footwear and Leather
      • Healthcare
      • Electrical and Electronics
      • Other End-user Industries
    • By Adhesive Technology
      • Water-based
      • Solvent-based
      • Hot-melt
      • Reactive & Others
    • By Country
      • UAE
      • Saudi Arabia
      • Qatar
      • Turkey
      • Egypt
      • Nigeria
      • Morocco
      • South Africa
      • Rest of Middle East & Africa
    • By Competitors
      • Competition Characteristics
      • Market Share & Analysis
      • Competitive Metrix
  • Middle East & Africa Industrial Adhesives & Sealant Market Hotspots & Opportunities
  • Middle East & Africa Industrial Adhesives & Sealant Market Regulations & Policy
  • Key Strategic Imperatives for Success and Growth
  • Middle East & Africa Competition Outlook
    • Competition Matrix
    • Company Profile

Frequently Asked Questions

A. The Middle East & Africa Industrial Adhesives & Sealant Market is forecast to grow at a CAGR of 6.7% during 2021-26.

A. 3M Company, Dow, Arkema Group, ITW Performance Polymers, Henkel Ag & Co KGaA, H.B. Fuller Company, Momentive Performance Materials Inc, Pidilite Industries Ltd., Star UAE, Huntsman International LLC, are a few leading players in the Middle East & Africa Industrial Adhesives & Sealant Market

A. The Acrylic Adhesive is likely to attain the highest CAGR during the forecast period and maintain its significant market share.

A. Saudi Arabia continues to grow at the highest CAGR during 2021-26, thereby presenting immense opportunities to market players of the Middle East & Africa Industrial Adhesives & Sealant Market.

A. The rapidly growing construction industry, infrastructural development, and rising adoption of new design techniques & technologies are the major factors fueling the growth of the Industrial Adhesives & Sealants in the Middle East & Africa Region.

A. The widespread pandemic has negatively impacted the growth of the Middle East & Africa Industrial Adhesives & Sealant Market due to disruption in supply chain & logistics owing to the scarcity of human power and varying demand for the product.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Market Segmentation
    4. Assumptions
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on the Middle East & Africa Industrial Adhesives & Sealants Market
  5. The Middle East & Africa Industrial Adhesives & Sealants Market Outlook 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Adhesive & Sealants Product Type
        1. Acrylic Adhesives
        2. Silicone
        3. Polyurethanes
        4. Epoxy
        5. Polyvinyl Acetate
        6. Acrylic Sealants
        7. Others
      2. By Adhesive & Sealants End-User Industry
        1. Building and Construction
        2. Paper, Board, and Packaging
        3. Transportation
        4. Woodworking and Joinery
        5. Footwear and Leather
        6. Healthcare
        7. Electrical and Electronics
        8. Other End-user Industries
      3. By Adhesive Technology
        1. Water-based
        2. Solvent-based
        3. Hot-melt
        4. Reactive & Others
      4. By Country
        1. UAE
        2. Saudi Arabia
        3. Qatar
        4. Egypt
        5. South Africa
        6. Rest of Middle East & Africa
      5. By Company
        1. Revenue Shares
        2. Strategic Factorial Indexing
        3. Competitor Placement in MarkNtel Quadrant
  6. UAE Industrial Adhesives & Sealants Market Outlook 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Adhesive & Sealant Product Type
      2. By Adhesive Technology
      3. By Adhesive Application
      4. By Sealant Application
  7. Saudi Arabia Industrial Adhesives & Sealants Market Outlook 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Adhesive & Sealant Product Type
      2. By Adhesive & Sealant End-User Industry
      3. By Adhesive Technology
  8. Qatar Industrial Adhesives & Sealants Market Outlook 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Adhesive & Sealant Product Type
      2. By Adhesive & Sealant End-User Industry
      3. By Adhesive Technology
  9. Turkey Industrial Adhesives & Sealants Market Outlook 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Adhesive & Sealant Product Type
      2. By Adhesive & Sealant End-User Industry
      3. By Adhesive Technology
  10. South Africa Industrial Adhesives & Sealants Market Outlook 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Adhesive & Sealant Product Type
      2. By Adhesive & Sealant End-User Industry
      3. By Adhesive Technology
  11. Middle East & Africa Industrial Adhesives & Sealants Market Regulations  
  12. Middle East & Africa Industrial Adhesives & Sealants Market Trends & Insights
  13. Middle East & Africa Industrial Adhesives & Sealants Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  14. Middle East & Africa Industrial Adhesives & Sealants Market Hotspot and Opportunities
  15. Middle East & Africa Industrial Adhesives & Sealants Market Key Strategic Imperatives for Success and Growth
  16. Competition Outlook
    1. Competition Matrix
      1. Fuel Portfolio
      2. Brand Specialization
      3. Target Markets
      4. Target End Users
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Fuel Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. 3M Company
      2. Dow
      3. Arkema Group
      4. ITW Performance Polymers
      5. Henkel Ag & Co KGaA
      6. H.B. Fuller Company
      7. Momentive Performance Materials Inc
      8. Pidilite Industries Ltd.
      9. Star UAE
      10. Huntsman International LLC
  17. Disclaimer
Middle East & Africa Industrial Adhesive & Sealant Market Segmentation