Middle East and Africa Adhesive Tapes Market

Market Introduction

The adhesive tapes market in MEA is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the MEA. The MEA is an evolving market for various industries, such as packaging and construction. The market is experiencing rapid development with the growth of markets such as Dubai, Abu Dhabi, and Iran. As there is an increase in sales of products, the packaging market is also growing to cater to the needs of both the consumers and retailers. Countries like Qatar have disposable income, which has led to an increase in purchasing power. This factor drives the packaging market in MEA. Flexible packaging in the region is being widely adopted for several products across different industries. Increasing demand for packaging propels the demand for adhesives tapes in MEA. Adhesives tapes are a high-quality choice for applying labels to food & beverage goods that are free of VOCs. Further, construction is a major economic sector in the MEA. It is also a significant source of employment for the local, international, and expatriate workforce. In 2020, South Africa's construction sector contributed over 83 billion rands (about US$ 5.4 billion) to the country's gross domestic product (GDP). The need for adhesives tapes is driven by the increasing construction sector in the MEA. Burgeoning adoption of electric vehicles and surging use of adhesive tape in place of mechanical fasteners are the major factor driving the growth of the MEA adhesive tapes market.

In MEA, Saudi Arabia recorded the highest COVID-19 cases, followed by Turkey and the UAE. The UAE was the first country in the region to report a COVID-19 confirmed case. The adhesive tapes market would grow substantially once the chemical and material products will be in demand. The MEA adhesive tapes market is witnessing a mixed impact of the COVID-19 pandemic. Several sectors, such as automobiles, building and construction, electronics and electricity, experienced sharp declines. However, the healthcare sector is growing due to excessive demand for personal protective equipment and medical equipment amid the outbreak. Considering the economic recovery, various industrial and economic sectors are planning strategic investments in the healthcare sector. This would stimulate the market growth in the coming years. In addition, many companies have started to actively market the product to expand their customer base and reduce the business impact.      

Market Overview and Dynamics

The MEA adhesive tapes market is expected to grow from US$ 2,941.76 million in 2021 to US$ 3,955.77 million by 2028; it is estimated to grow at a CAGR of 4.3% from 2021 to 2028. The adhesive tapes market in the region is witnessing growth due to the wide utilization of adhesive tapes in several industries, such as automotive, building and construction, paper, and printing, and electrical and electronics, by countries across the region. Furthermore, the market in the region is primarily significantly affected by the economic dynamics of several countries. However, with the rising foreign direct investments in the industrial development, the current scenario of automotive industry is gradually changing. Countries in the region are observing high growth in the automotive and aviation industries.  Adhesive tape is mainly used to assemble various components to protect the production line process. These tapes are usually used to grasp screws and bolts so that seats and dashboards can be easily fixed in their places. Further, adhesive tapes are used in seat heating elements, foam and fabric attachment on the instrument panel, steering wheel wrapping, and mounting rubber and plastic profiles in the vehicle interior. Thus, the growing demand for adhesive tapes from the automotive industry in the region fuels the growth of the MEA adhesive tapes market.

Key Market Segments

In terms of resin type, the rubber segment accounted for the largest share of the MEA adhesive tapes market in 2020. In terms of technology, the solvent-based adhesive tapes segment held a larger market share of the MEA adhesive tapes market in 2020. In terms of tape backing material, the polypropylene (PP) segment held a larger market share of the MEA adhesive tapes market in 2020. Further, the automotive segment held a larger share of the MEA adhesive tapes market based on application in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the MEA adhesive tapes market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are 3M, Avery Dennison Corporation, Berry Global Inc., LINTEC Corporation, Lohmann GmbH & Co.KG, Nitto Denko Corporation, Scapa, and tesa SE.

Reasons to buy report

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• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA adhesive tapes market
• Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.

MEA Adhesive Tapes Market Segmentation

MEA Adhesive Tapes Market - By Resin Type

• Acrylic
• Rubber
• Silicone
• Others

MEA Adhesive Tapes Market - By Technology

• Water-Based Adhesive Tapes
• Solvent-Based Adhesive Tapes
• Hot-Melt- Based Adhesive Tapes

MEA Adhesive Tapes Market - By Tape Backing Material

• Polypropylene (PP)
• Paper
• Polyvinyl Chloride (PVC)
• Others

MEA Adhesive Tapes Market - By Application

• Packaging
• Healthcare
• Automotive
• Electrical and Electronics
• Building and Construction
• Others

MEA Adhesive Tapes Market - By Country

• South Africa 
• Saudi Arabia
• UAE     
• Rest of MEA

MEA Adhesive Tapes Market - Company Profiles

• 3M
• Avery Dennison Corporation
• Berry Global Inc.
• LINTEC Corporation
• Lohmann GmbH & Co.KG
• Nitto Denko Corporation
• Scapa 
• tesa SE 

Middle East and Africa Adhesive Tapes Market Strategic Insights

Middle East and Africa Adhesive Tapes Market Report Highlights

Middle East and Africa Adhesive Tapes Market Country and Regional Insights