Middle East & Africa Hot Melt Adhesives Market
No. of Pages: 97 | Report Code: BMIRE00030454 | Category: Chemicals and Materials
No. of Pages: 97 | Report Code: BMIRE00030454 | Category: Chemicals and Materials
The Middle East & Africa hot melt adhesives market was valued at US$ 305.26 million in 2022 and is expected to reach US$ 443.27 million by 2030; it is estimated to register a CAGR of 4.8% from 2022 to 2030. Growing Applications in Several End-Use Industries Bolster Middle East & Africa Hot Melt Adhesives Market
The hot melt adhesives (HMAs) market is mainly driven by their increasing demand from packaging solutions, nonwoven hygiene products, and consumer DIY. Hot melt adhesives are quite suitable for the manufacturing of packaging solution products, particularly food packaging and specialty packaging. The packaging application of hot melt adhesives further includes carton boxes, bags, cups, flexible packaging, envelopes, carton closure, specialty packaging, and processed food products. The proper setting time of this adhesive is very important for the successful packaging of any product. Hot melt adhesives are further extensively utilized in products like baby diapers, tissues, pet & medical pads, and towels & napkins. Moreover, feminine hygiene, toddler training pants, and adult incontinence are among the key markets for hot melt adhesives. Furniture and woodwork applications of hot melt adhesives include roofing, countertop laminations, and wall coverings. Hot melt adhesives can also bond to several materials and surfaces, such as ceramic, cardboard, metal, fabric, papers, and plastics, which further makes them a suitable option for DIY applications. The DIY applications for hot melt adhesives include craft, general goods packaging, and others. The stick form of hot melt adhesives is widely utilized in these applications due to its ease of use, as well as the availability of hot melt adhesive guns. The demand for hot melt adhesives, mainly from the packaging industry, is presumed to witness growth soon, owing to a significant uptick in packaged food & beverages after the pandemic. This is due to a sudden shift in consumers' buying patterns, especially after the COVID-19 pandemic. Hot melt adhesives are designed for those applications for which streamlined manufacturing, simplified processing, and end-product protection are required. Many companies are trying to fulfill these demands with their advanced product portfolio. Hot melt adhesives are known for superior quality, reliability, and proven results. This product is widely utilized in markets such as electronics, automotive, food & beverages, medical, personal hygiene, and furniture & packaging. These products are available in a full range of reactive as well as non-reactive hot melt solutions. For instance, Henkel's TECHNOMELT is a good choice for hot melt adhesives, which are designed for obtaining the best results in production processes as well as finished products. TECHNOMELT adhesives are designed for superior cost-in-use and efficiency, and they also deliver easy application.Middle East & Africa Hot Melt Adhesives Market Overview
The Middle East and Africa region is expected to witness a rapid increase in industrialization in the coming years, which would trigger the growth of the automotive, electronics, and construction industries, among others. Governments of different countries have recently undertaken various steps to shift the focus to other manufacturing sectors, including chemical, automotive, and electrical, to ensure economic growth. The UAE government has been striving to develop industrial hubs in the Middle East and Africa to attract manufacturers willing to set up new plants. According to the UAE's Department of Economic Development (DE), the manufacturing industry in UAE accounts for 80% of Dubai's nonoil trade, which further makes it the second-largest contributor to its economy. The government is looking forward to investing large amounts in the building and construction industry. With the surge in industrialization, products such as biobased hot melt adhesives are gaining major traction in various applications in the industrial sector to diminish VOC and CO2 emissions. Increasing the use of hot melt adhesives in packaging operations, mainly in the food & beverages and healthcare sectors, is another factor boosting the sales of polyurethanes (PU) hot melt adhesives in the MEA. Jowat, Arkema Group, Henkel AG & Co. KGaA, Sika AG, and H.B. Fuller Company are among the key hot melt adhesive market players in this region. Jowatherm GROW 853.22 offered by Jowat comes with a very high content of renewable raw materials and creates the modern packaging hot melt adhesives ideal for companies that want to avoid the usage of fossil-based raw materials as far as possible. Intercol offers biobased hot melt in the product range, consisting of 70% natural resources. The EHM 5836 is a great choice for 95% of all standard packaging machines.
Middle East & Africa Hot Melt Adhesives Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the Middle East & Africa Hot Melt Adhesives 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. The geographic scope of the Middle East & Africa Hot Melt Adhesives 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.
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Get more information on this report Middle East & Africa Hot Melt Adhesives Report Scope
Report Attribute
Details
Market size in 2022
US$ 305.26 Million
Market Size by 2030
US$ 443.27 Million
Global CAGR (2022 - 2030)
4.8%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Product Type
By Type
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Get more information on this report Middle East & Africa Hot Melt Adhesives Regional Insights
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Middle East & Africa Hot Melt Adhesives Market Segmentation
The Middle East & Africa hot melt adhesives market is categorized into product type, type, application, and country.
Based on product type, the Middle East & Africa hot melt adhesives market is segmented into glue sticks, glue slugs, and others. The glue sticks segment held the largest market share in 2022.
In terms of type, the Middle East & Africa hot melt adhesives market is segmented into ethylene vinyl acetate, polyolefins, polyamides, polyurethanes, styrene block copolymers, and other. The ethylene vinyl acetate segment held the largest share of Middle East & Africa hot melt adhesives market in 2022.
By application, the Middle East & Africa hot melt adhesives market is divided into packaging, construction, automotive, furniture, footwear, electronics, and others. The packaging segment held the largest share of Middle East & Africa hot melt adhesives market in 2022.
Based on country, the Middle East & Africa hot melt adhesives market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa hot melt adhesives market share in 2022.
H.B. Fuller Company; Henkel AG & COMPANY, KGAA; Arkema; 3M; Sika AG; Jowat SE; Hexcel Corporation; The Dow Chemical Company; Beardow Adams; Gorilla Glue Company; and Adhesive Technologies, Inc. are some of the leading companies operating in the Middle East & Africa Hot Melt Adhesives market.
1. H.B. Fuller Company
2. Henkel AG & COMPANY, KGAA
3. Arkema
4. 3M
5. Sika AG
6. Jowat SE
7. Hexcel Corporation
8. The Dow Chemical Company
9. Beardow Adams
10. Gorilla Glue Company
11. Adhesive Technologies, Inc.
The Middle East & Africa Hot Melt Adhesives Market is valued at US$ 305.26 Million in 2022, it is projected to reach US$ 443.27 Million by 2030.
As per our report Middle East & Africa Hot Melt Adhesives Market, the market size is valued at US$ 305.26 Million in 2022, projecting it to reach US$ 443.27 Million by 2030. This translates to a CAGR of approximately 4.8% during the forecast period.
The Middle East & Africa Hot Melt Adhesives 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 Hot Melt Adhesives Market report:
The Middle East & Africa Hot Melt Adhesives Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Hot Melt Adhesives Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Hot Melt Adhesives Market value chain can benefit from the information contained in a comprehensive market report.
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