Middle East & Africa Adhesives and Sealants Market Forecast to 2030 - Regional Analysis - by Resin Type and by End-Use Industry (Automotive, Aerospace, Paper and Packaging, Building and Construction, Electrical and Electronics, Medical, and Others)

Description

List of Tables

The Middle East & Africa adhesives and sealants market was valued at US$ 3,115.15 million in 2022 and is expected to reach US$ 3,974.15 million by 2030; it is estimated to grow at a CAGR of 3.1% from 2022 to 2030 .

Sustainability Initiatives by Developed and Developing Economies fuel the 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 end-use 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 .

Middle East & Africa Adhesives and Sealants Market Overview

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.

Middle East & Africa Adhesives and Sealants Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Adhesives and Sealants Market Segmentation

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.

Product Code: BMIRE00029468

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness
- 2.2.1 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Middle East & Africa Adhesives and Sealants Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers:
- 4.3.2 Manufacturers:
- 4.3.3 Distributors or Suppliers:
- 4.3.4 End Use Industry:
4.4 List of Vendors in Value Chain

5. Middle East & Africa Adhesives and Sealants Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Strong Growth of Construction and Automotive Industries
- 5.1.2 Increasing Demand for Adhesives and Sealants from Paper & Packaging Industry
5.2 Market Restraints
- 5.2.1 Fluctuation in Prices of Raw Materials
5.3 Market Opportunities
- 5.3.1 Development of Bio-Based Adhesives
5.4 Future Trends
- 5.4.1 Sustainability Initiatives by Developed and Developing Economies
5.5 Impact Analysis

6. Adhesives and Sealants Market - Middle East & Africa Market Analysis

6.1 Middle East & Africa Adhesives and Sealants Market Volume (Kilo Tons)
6.2 Adhesives and Sealants Market Revenue (US$ Million)
6.3 Adhesives and Sealants Market Forecast and Analysis

7. Middle East & Africa Adhesives and Sealants Market Analysis - Resin Type

7.1 Adhesives
- 7.1.1 Overview
- 7.1.2 Adhesives Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.1.3 Epoxy
  - 7.1.3.1 Overview
- 7.1.4 Epoxy Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.1.4 Polyurethane
  - 7.1.4.1 Overview
- 7.1.5 Polyurethane Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.1.6 Acrylic
  - 7.1.6.1 Overview
- 7.1.7 Acrylic Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.1.8 Others
  - 7.1.8.1 Overview
- 7.1.9 Others Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.2 Sealants
- 7.2.1 Overview
- 7.2.2 Sealants Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.2.3 Silicone Sealant
  - 7.2.3.1 Overview
- 7.2.4 Silicone Sealant Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.2.5 Urethane Sealant
  - 7.2.5.1 Overview
- 7.2.6 Urethane Sealant Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.2.7 Acrylic Sealant
  - 7.2.7.1 Overview
- 7.2.8 Acrylic Sealant Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.2.9 Polysulfide Sealant
  - 7.2.9.1 Overview
- 7.2.10 Polysulfide Sealant Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.2.11 Others
  - 7.2.11.1 Overview
- 7.2.12 Others Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)

8. Middle East & Africa Adhesives and Sealants Market Analysis - End Use Industry

8.1 Automotive
- 8.1.1 Overview
- 8.1.2 Automotive Market, Revenue, and Forecast to 2030 (US$ Million)
8.2 Aerospace
- 8.2.1 Overview
- 8.2.2 Aerospace Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Paper and Packaging
- 8.3.1 Overview
- 8.3.2 Paper and Packaging Market Revenue and Forecast to 2030 (US$ Million)
8.4 Building and Construction
- 8.4.1 Overview
- 8.4.2 Building and Construction Market Revenue and Forecast to 2030 (US$ Million)
8.5 Electrical and Electronics
- 8.5.1 Overview
- 8.5.2 Electrical and Electronics Market Revenue and Forecast to 2030 (US$ Million)
8.6 Medical
- 8.6.1 Overview
- 8.6.2 Medical Market Revenue and Forecast to 2030 (US$ Million)
8.7 Others
- 8.7.1 Overview
- 8.7.2 Others Market Revenue and Forecast to 2030 (US$ Million)

9. Middle East & Africa Adhesives and Sealants Market - Country Analysis

9.1 Middle East and Africa
- 9.1.1 Middle East and Africa Adhesives and Sealants Market Overview
- 9.1.2 Middle East and Africa Adhesives and Sealants Market Revenue and Forecasts and Analysis - By Countries
  - 9.1.2.1 Adhesives and Sealants Market Breakdown by Country
  - 9.1.2.2 South Africa Adhesives and Sealants Market Volume and Forecasts to 2030 (Kilo Tons)
  - 9.1.2.3 South Africa Adhesives and Sealants Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.2.3.1 South Africa Adhesives and Sealants Market Breakdown by Resin Type
    - 9.1.2.3.2 South Africa Adhesives and Sealants Market Breakdown by Resin Type
    - 9.1.2.3.3 South Africa Adhesives and Sealants Market Breakdown by End Use Industry
  - 9.1.2.4 Saudi Arabia Adhesives and Sealants Market Volume and Forecasts to 2030 (Kilo Tons)
  - 9.1.2.5 Saudi Arabia Adhesives and Sealants Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.2.5.1 Saudi Arabia Adhesives and Sealants Market Breakdown by Resin Type
    - 9.1.2.5.2 Saudi Arabia Adhesives and Sealants Market Breakdown by Resin Type
    - 9.1.2.5.3 Saudi Arabia Adhesives and Sealants Market Breakdown by End Use Industry
  - 9.1.2.6 UAE Adhesives and Sealants Market Volume and Forecasts to 2030 (Kilo Tons)
  - 9.1.2.7 UAE Adhesives and Sealants Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.2.7.1 UAE Adhesives and Sealants Market Breakdown by Resin Type
    - 9.1.2.7.2 UAE Adhesives and Sealants Market Breakdown by Resin Type
    - 9.1.2.7.3 UAE Adhesives and Sealants Market Breakdown by End Use Industry
  - 9.1.2.8 The Rest of Middle East & Africa Adhesives and Sealants Market Volume and Forecasts to 2030 (Kilo Tons)
  - 9.1.2.9 The Rest of Middle East & Africa Adhesives and Sealants Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.2.9.1 The Rest of Middle East & Africa Adhesives and Sealants Market Breakdown by Resin Type
    - 9.1.2.9.2 The Rest of Middle East & Africa Adhesives and Sealants Market Breakdown by Resin Type
    - 9.1.2.9.3 The Rest of Middle East & Africa Adhesives and Sealants Market Breakdown by End Use Industry

10. Competitive Landscape

10.1 Heat Map Analysis By Key Players

11. Industry Landscape

11.1 Product launch
11.2 Partnership
11.3 Merger & Acquisition

12. Company Profiles

12.1 Henkel AG & Co KGaA
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 HB Fuller Co
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Sika AG
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 3M Co
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Huntsman Corp
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Dow Inc
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Wacker Chemie AG
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Parker Hannifin Corp
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments

13. Appendix