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 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.
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.
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.
Strategic insights for the Middle East & Africa Adhesives and Sealants provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 3,115.15 Million |
| Market Size by 2030 | US$ 3,974.15 Million |
| Global CAGR (2022 - 2030) | 3.1% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Resin Type
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
The geographic scope of the Middle East & Africa Adhesives and Sealants refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Middle East & Africa Adhesives and Sealants Market is valued at US$ 3,115.15 Million in 2022, it is projected to reach US$ 3,974.15 Million by 2030.
As per our report Middle East & Africa Adhesives and Sealants Market, the market size is valued at US$ 3,115.15 Million in 2022, projecting it to reach US$ 3,974.15 Million by 2030. This translates to a CAGR of approximately 3.1% during the forecast period.
The Middle East & Africa Adhesives and Sealants Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Adhesives and Sealants Market report:
The Middle East & Africa Adhesives and Sealants Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Adhesives and Sealants Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Adhesives and Sealants Market value chain can benefit from the information contained in a comprehensive market report.
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