Middle East & Africa Automotive Adhesives & Sealants Market Size
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Study Period | 2017 - 2028 |
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Market Size (2024) | USD 276.02 Million |
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Market Size (2028) | USD 359.52 Million |
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Largest Share by Resin | Polyurethane |
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CAGR (2024 - 2028) | 6.83 % |
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Largest Share by Country | South Africa |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Middle East & Africa Automotive Adhesives & Sealants Market Analysis
The Middle East & Africa Automotive Adhesives & Sealants Market size is estimated at 276.02 million USD in 2024, and is expected to reach 359.52 million USD by 2028, growing at a CAGR of 6.83% during the forecast period (2024-2028).
276.02 Million
Market Size in 2024 (USD)
359.52 Million
Market Size in 2028 (USD)
1.83 %
CAGR (2017-2023)
6.83 %
CAGR (2024-2028)
Largest Market by Technology
39.03 %
value share, Reactive, 2023
In the Middle East & African automotive adhesives and sealants market, reactive technology registers the highest market share due to its wide applications in the automotive industry for assembling, repairing, and thread-locking, among others.
Largest Market by Resin
27.43 %
value share, Polyurethane, 2023
Polyurethane resins hold the largest market share owing to their wide-ranging applications as adhesives and sealants in the automotive industry, for both interior and exterior applications.
Largest Market by Country
21.51 %
value share, South Africa, 2023
South Africa dominates the market owing to a high number of manufacturing operations, including automotive assembly, original equipment manufacturers (OEMs), and MROs.
Fastest Growing Market by Country
6.09 %
Projected CAGR, South Africa, 2024-2028
Due to the increasing demand for hybrid trucks, military vehicles, and others, South Africa is expected to be the fastest-growing country in the market during the forecast period.
Leading Market Player
37.32 %
market share, Henkel AG & Co. KGaA, 2021
Henkel is the leading automotive adhesives and sealants producer in the region, delivering high-performance solutions to meet the changing demand of the automotive industry.
Introduction and demand for electric vehicles in the region to create upswings for market growth
- The growth in the Middle East & African automotive industry has led to the growth of demand for automotive adhesives and sealants. There was an increase in automobile production in major countries of Africa, such as South Africa, which accounted for 0.58% of global vehicle production in 2020 and is expected to grow significantly because of the introduction and demand for electric vehicles in the forecast period 2022-2028. This trend is expected to boost the demand for adhesives and sealants required for automobile manufacture over the forecast period 2022-2028.
- The COVID-19 pandemic in 2020 severely affected the automotive industry in the Middle East and Africa because of economic slowdowns and value chain disruptions. However, government support in the form of policies such as a 15% reduction in import duties in Saudi Arabia and lower fuel prices in Middle East countries led to a rapid recovery in demand for automobiles, which increased the demand for automotive adhesives and sealants in 2021.
- The majorly used resins in the automotive industry are epoxy-based, polyurethane-based, and acrylic-based because of their wide compatibility with different substrates such as ceramics, plastics, glass, metals, and composites, which comprise the overall structure of an automobile. Polyurethane resin is used as polyurethane reactive (PUR) adhesives in manufacturing automobiles.
- VAE/EVA adhesives are the fastest-growing technology in the Middle East & African automotive industry. It is expected that these adhesives will register a CAGR of 8.24% during the forecast period (2022-2028) due to the rising trend of hot-melt adhesives over solvent-borne adhesives.
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Technological developments in automotive industry to replace bulky metallic frames to aid market growth
- The major automotive companies in the Middle East & Africa, such as Hyundai, are working on making the vehicles light in weight so as to improve fuel efficiency and as cost-cutting measures. To achieve this, automotive adhesives and sealants are used to replace bulkier metallic frames and joinery components such as welding joints, screws, and bolts. This technology development will lead to an increase in demand for automotive adhesives and sealants in mentioned period of 2022-2028.
- The abrupt reductions in revenue and demand for automotive adhesives and sealants in 2020 are due to the impact of the COVID-19 pandemic, which caused an overall economic slowdown and value chain disruptions. Passenger vehicle sales in Africa decreased from 850,000 vehicular units in 2019 to 650,000 vehicular units in 2020. This growth was recovered in 2021 because of government policies that were meant to support the automotive industry, as it covers the major portion of the GDP of a nation.
- The size of the market is determined by the per capita income and population of the region. So based on demographics, more than 75% is covered by countries in the sub-Sahara region, Northern Africa, and the rest of the Middle East countries, which is a larger number of vehicles in the region than that of the rest. The vehicle's count is directly proportional to the automotive adhesives and sealants required to manufacture the same.
- South Africa contains nearly one-fifth of the market share as it is the largest manufacturer of automobiles in the region, which comprise 0.58% of global automobile production.
Middle East & Africa Automotive Adhesives & Sealants Market Trends
Lower interest rates and fuel rates to aid the industry’s growth
- The share of passenger vehicles in a regional automotive market is an indicator of the per capita income in the region. The revenue in the automotive industry declined from 2017 to 2019 owing to a recession in the region. However, post-pandemic, the market recorded tremendous growth potential in 2021. Japanese automobile manufacturer Toyota sold the maximum number of passenger vehicles in the Middle East & Africa, accounting for 10.2% of the market share. The Middle East & African automotive industry is expected to grow in the forecast period 2022-2028 but at a slower pace.
- The crude oil-rich countries in the Middle East, such as UAE, Iran, Saudi Arabia, Kuwait, Qatar, and Bahrain, are trying to become production hubs for luxury cars as currently, they are importing the majority of them from European and Asian automotive manufacturers at significantly higher costs. The sales of automobiles in the Middle East were the highest in Saudi Arabia, amounting to 72,572 thousand units of vehicles in 2019. Car imports dropped by 18.4% in 2018 compared to 2017.
- The COVID-19 pandemic impacted the automotive industry, majorly in the African region. Toyota, the largest market share holder in the region, registered a dip in sales of passenger vehicles from 900 thousand units in 2019 to 620 thousand units in 2020. This led to a decrease in the revenue of the whole automotive market in the region. However, government initiatives such as lower auto interest rates and cheaper fuel rates in the Middle East region are expected to lead to the growth of the automotive sector in the forecast period 2022-2028.
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Middle East & Africa Automotive Adhesives & Sealants Industry Overview
The Middle East & Africa Automotive Adhesives & Sealants Market is moderately consolidated, with the top five companies occupying 47.51%. The major players in this market are Dow, H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman International LLC and Sika AG (sorted alphabetically).
Middle East & Africa Automotive Adhesives & Sealants Market Leaders
Dow
H.B. Fuller Company
Henkel AG & Co. KGaA
Huntsman International LLC
Sika AG
Other important companies include 3M, Arkema Group, AVERY DENNISON CORPORATION, DELO Industrie Klebstoffe GmbH & Co. KGaA, PPG Industries, Inc..
*Disclaimer: Major Players sorted in alphabetical order.
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Middle East & Africa Automotive Adhesives & Sealants Market News
- March 2022: Bostik signed an agreement with DGE for distribution throughout Europe, Middle East & Africa. The agreement includes Born2BondTM engineering adhesives developed for 'by-the-dot' bonding applications in specific industries, such as automotive, electronics, luxury packaging, medical devices, and MRO.
- April 2021: DELO Industries launched an adhesive with high-temperature resistance. The product was developed primarily for the automotive industry and mechanical engineering.
- January 2021: DELO launched a structural adhesive for batteries in hybrid vehicles. It is particularly suitable for low-voltage batteries, such as those found in mild hybrids.
Free with this Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on various end-user production trends including automobile production, newly built construction floor area, packaging production, aircraft deliveries, footwear production, and regional data on adhesives and sealants demand, etc.
Middle East & Africa Automotive Adhesives & Sealants Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
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4.1 End User Trends
- 4.1.1 Automotive
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4.2 Regulatory Framework
- 4.2.1 Saudi Arabia
- 4.2.2 South Africa
- 4.3 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)
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5.1 Resin
- 5.1.1 Acrylic
- 5.1.2 Cyanoacrylate
- 5.1.3 Epoxy
- 5.1.4 Polyurethane
- 5.1.5 Silicone
- 5.1.6 VAE/EVA
- 5.1.7 Other Resins
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5.2 Technology
- 5.2.1 Hot Melt
- 5.2.2 Reactive
- 5.2.3 Sealants
- 5.2.4 Solvent-borne
- 5.2.5 UV Cured Adhesives
- 5.2.6 Water-borne
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5.3 Country
- 5.3.1 Saudi Arabia
- 5.3.2 South Africa
- 5.3.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 3M
- 6.4.2 Arkema Group
- 6.4.3 AVERY DENNISON CORPORATION
- 6.4.4 DELO Industrie Klebstoffe GmbH & Co. KGaA
- 6.4.5 Dow
- 6.4.6 H.B. Fuller Company
- 6.4.7 Henkel AG & Co. KGaA
- 6.4.8 Huntsman International LLC
- 6.4.9 PPG Industries, Inc.
- 6.4.10 Sika AG
7. KEY STRATEGIC QUESTIONS FOR ADHESIVES AND SEALANTS CEOS
8. APPENDIX
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8.1 Global Adhesives and Sealants Industry Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Drivers, Restraints, and Opportunities
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- PRODUCTION VOLUME OF AUTOMOBILES, UNITS, MIDDLE EAST & AFRICA, 2017-2028
- Figure 2:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 3:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 4:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY RESIN, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 5:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY RESIN, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 6:
- VOLUME SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY RESIN, %, MIDDLE EAST & AFRICA, 2016 VS 2022 VS 2028
- Figure 7:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY RESIN, %, MIDDLE EAST & AFRICA, 2016 VS 2022 VS 2028
- Figure 8:
- VOLUME OF AUTOMOTIVE ACRYLIC ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 9:
- VALUE OF AUTOMOTIVE ACRYLIC ADHESIVES AND SEALANTS CONSUMED, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 10:
- VALUE SHARE OF AUTOMOTIVE ACRYLIC ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 11:
- VOLUME OF AUTOMOTIVE CYANOACRYLATE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 12:
- VALUE OF AUTOMOTIVE CYANOACRYLATE ADHESIVES AND SEALANTS CONSUMED, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 13:
- VALUE SHARE OF AUTOMOTIVE CYANOACRYLATE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 14:
- VOLUME OF AUTOMOTIVE EPOXY ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 15:
- VALUE OF AUTOMOTIVE EPOXY ADHESIVES AND SEALANTS CONSUMED, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 16:
- VALUE SHARE OF AUTOMOTIVE EPOXY ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 17:
- VOLUME OF AUTOMOTIVE POLYURETHANE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 18:
- VALUE OF AUTOMOTIVE POLYURETHANE ADHESIVES AND SEALANTS CONSUMED, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 19:
- VALUE SHARE OF AUTOMOTIVE POLYURETHANE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 20:
- VOLUME OF AUTOMOTIVE SILICONE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 21:
- VALUE OF AUTOMOTIVE SILICONE ADHESIVES AND SEALANTS CONSUMED, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 22:
- VALUE SHARE OF AUTOMOTIVE SILICONE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 23:
- VOLUME OF AUTOMOTIVE VAE/EVA ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 24:
- VALUE OF AUTOMOTIVE VAE/EVA ADHESIVES AND SEALANTS CONSUMED, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 25:
- VALUE SHARE OF AUTOMOTIVE VAE/EVA ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 26:
- VOLUME OF AUTOMOTIVE OTHER RESINS ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 27:
- VALUE OF AUTOMOTIVE OTHER RESINS ADHESIVES AND SEALANTS CONSUMED, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 28:
- VALUE SHARE OF AUTOMOTIVE OTHER RESINS ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 29:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 30:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 31:
- VOLUME SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, MIDDLE EAST & AFRICA, 2016 VS 2022 VS 2028
- Figure 32:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, MIDDLE EAST & AFRICA, 2016 VS 2022 VS 2028
- Figure 33:
- VOLUME OF AUTOMOTIVE HOT MELT ADHESIVES CONSUMED, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 34:
- VALUE OF AUTOMOTIVE HOT MELT ADHESIVES CONSUMED, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 35:
- VALUE SHARE OF AUTOMOTIVE HOT MELT ADHESIVES CONSUMED BY RESIN, %, MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 36:
- VOLUME OF AUTOMOTIVE REACTIVE ADHESIVES CONSUMED, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 37:
- VALUE OF AUTOMOTIVE REACTIVE ADHESIVES CONSUMED, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 38:
- VALUE SHARE OF AUTOMOTIVE REACTIVE ADHESIVES CONSUMED BY RESIN, %, MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 39:
- VOLUME OF AUTOMOTIVE SEALANTS CONSUMED, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 40:
- VALUE OF AUTOMOTIVE SEALANTS CONSUMED, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 41:
- VALUE SHARE OF AUTOMOTIVE SEALANTS CONSUMED BY RESIN, %, MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 42:
- VOLUME OF AUTOMOTIVE SOLVENT-BORNE ADHESIVES CONSUMED, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 43:
- VALUE OF AUTOMOTIVE SOLVENT-BORNE ADHESIVES CONSUMED, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 44:
- VALUE SHARE OF AUTOMOTIVE SOLVENT-BORNE ADHESIVES CONSUMED BY RESIN, %, MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 45:
- VOLUME OF AUTOMOTIVE UV CURED ADHESIVES ADHESIVES CONSUMED, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 46:
- VALUE OF AUTOMOTIVE UV CURED ADHESIVES ADHESIVES CONSUMED, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 47:
- VALUE SHARE OF AUTOMOTIVE UV CURED ADHESIVES ADHESIVES CONSUMED BY RESIN, %, MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 48:
- VOLUME OF AUTOMOTIVE WATER-BORNE ADHESIVES CONSUMED, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 49:
- VALUE OF AUTOMOTIVE WATER-BORNE ADHESIVES CONSUMED, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 50:
- VALUE SHARE OF AUTOMOTIVE WATER-BORNE ADHESIVES CONSUMED BY RESIN, %, MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 51:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 52:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 53:
- VOLUME SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, MIDDLE EAST & AFRICA, 2016 VS 2022 VS 2028
- Figure 54:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, MIDDLE EAST & AFRICA, 2016 VS 2022 VS 2028
- Figure 55:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, SAUDI ARABIA, 2017 - 2028
- Figure 56:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, SAUDI ARABIA, 2017 - 2028
- Figure 57:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, SAUDI ARABIA, 2021 VS 2028
- Figure 58:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, SOUTH AFRICA, 2017 - 2028
- Figure 59:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, SOUTH AFRICA, 2017 - 2028
- Figure 60:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, SOUTH AFRICA, 2021 VS 2028
- Figure 61:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, REST OF MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 62:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, REST OF MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 63:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, REST OF MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 64:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, MIDDLE EAST & AFRICA, 2019 - 2021
- Figure 65:
- MOST ADOPTED STRATEGIES, COUNT, MIDDLE EAST & AFRICA, 2019 - 2021
- Figure 66:
- REVENUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS BY MAJOR PLAYERS, %, MIDDLE EAST & AFRICA, 2021
Middle East & Africa Automotive Adhesives & Sealants Industry Segmentation
Acrylic, Cyanoacrylate, Epoxy, Polyurethane, Silicone, VAE/EVA are covered as segments by Resin. Hot Melt, Reactive, Sealants, Solvent-borne, UV Cured Adhesives, Water-borne are covered as segments by Technology. Saudi Arabia, South Africa are covered as segments by Country.
- The growth in the Middle East & African automotive industry has led to the growth of demand for automotive adhesives and sealants. There was an increase in automobile production in major countries of Africa, such as South Africa, which accounted for 0.58% of global vehicle production in 2020 and is expected to grow significantly because of the introduction and demand for electric vehicles in the forecast period 2022-2028. This trend is expected to boost the demand for adhesives and sealants required for automobile manufacture over the forecast period 2022-2028.
- The COVID-19 pandemic in 2020 severely affected the automotive industry in the Middle East and Africa because of economic slowdowns and value chain disruptions. However, government support in the form of policies such as a 15% reduction in import duties in Saudi Arabia and lower fuel prices in Middle East countries led to a rapid recovery in demand for automobiles, which increased the demand for automotive adhesives and sealants in 2021.
- The majorly used resins in the automotive industry are epoxy-based, polyurethane-based, and acrylic-based because of their wide compatibility with different substrates such as ceramics, plastics, glass, metals, and composites, which comprise the overall structure of an automobile. Polyurethane resin is used as polyurethane reactive (PUR) adhesives in manufacturing automobiles.
- VAE/EVA adhesives are the fastest-growing technology in the Middle East & African automotive industry. It is expected that these adhesives will register a CAGR of 8.24% during the forecast period (2022-2028) due to the rising trend of hot-melt adhesives over solvent-borne adhesives.
| Resin | Acrylic |
| Cyanoacrylate | |
| Epoxy | |
| Polyurethane | |
| Silicone | |
| VAE/EVA | |
| Other Resins | |
| Technology | Hot Melt |
| Reactive | |
| Sealants | |
| Solvent-borne | |
| UV Cured Adhesives | |
| Water-borne | |
| Country | Saudi Arabia |
| South Africa | |
| Rest of Middle East & Africa |
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Market Definition
- End-user Industry - In the automotive industry, both the OEM and after market adhesive and sealants applications are considered under the scope.
- Product - All adhesive and sealant products used in automotive industry are considered in the market studied
- Resin - Under the scope of the study, resins like Polyurethane, Epoxy, Acrylic, Cyanoacrylate, VAE/EVA, and Silicone are considered
- Technology - For the purpose of this study, Water-borne, Solvent-borne, Reactive, Hot Melt, UV Cured Adhesives, and Sealants technologies are taken into consideration.
| Keyword | Definition |
|---|---|
| Hot-melt Adhesive | Hot melt adhesives are generally 100% solid formulations, based on thermoplastic polymers. They are solid at room temperature and are activated upon heating above their softening point, at which stage they are liquid, and hence, can be processed. |
| Reactive Adhesive | A reactive adhesive is made up of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive. |
| Solvent-borne Adhesive | Solvent-borne adhesives are mixtures of solvents and thermoplastic, or slightly cross-linked polymers, such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers (elastomers). |
| Water-borne Adhesive | Water-borne adhesives use water as a carrier or diluting medium to disperse a resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a diluent, rather than a volatile organic solvent. |
| UV Cured Adhesive | UV curing adhesives induce curing and create a permanent bond without heating by using ultraviolet (UV) light or other radiation sources. An aggregation of monomers and oligomers is cured or polymerized by ultraviolet (UV) or visible light in a UV adhesive. Because UV is a radiating energy source, UV adhesives are often referred to as radiation curing or rad-cure adhesives. |
| Heat-resistant Adhesive | Heat-resistant Adhesives refer to those that do not break down under high temperatures. One aspect of a complicated system of circumstances is the adhesive's capacity to withstand disintegration brought on by high temperatures. As the temperature rises, adhesives may liquefy. They can withstand stresses resulting from differing coefficients of expansion and contraction, which might be an additional advantage. |
| Reshoring | Reshoring is the practice of moving commodity production and manufacturing back to the nation where the business was founded. Onshoring, inshoring, and back shoring are further terms used. Offshoring, the practice of producing items abroad to lower labor and manufacturing costs, is the opposite of this. |
| Oleochemicals | Oleochemicals are compounds produced from biological oils or fats. They resemble petrochemicals, which are substances made from petroleum. The oleochemical business is built on the hydrolysis of oils or fats. |
| Nonporous Materials | Nonporous materials are substances that do not permit the passage of liquid or air. Nonporous materials are those that are not porous, such as glass, plastic, metal, and varnished wood. Since no air can get through, less airflow is required to raise these materials, negating the requirement for high airflow. |
| EU-Vietnam Free Trade Agreement | A trade agreement and an investment protection agreement were concluded between the European Union and Vietnam on June 30, 2019. |
| VOC content | Compounds with limited solubility in water and high vapor pressure are known as Volatile Organic Compounds (VOCs). Many VOCs are human-made chemicals that are used and produced in the manufacture of paints, pharmaceuticals, and refrigerants. |
| Emulsion Polymerization | Emulsion polymerization is a method of producing polymers or connected groups of smaller chemical chains known as monomers, in a water solution. The method is often used to make water-based paints, adhesives, and varnishes, in which the water stays with the polymer and is marketed as a liquid product. |
| 2025 National Packaging Targets | In 2018, the Australian Environment Ministry set the following 2025 National Packaging Targets: 100% of the packaging must be reusable, recyclable, or compostable by 2025, 70% of plastic packaging must be recycled or composted by 2025, 50% of average recycled content must be included in packaging by 2025, and problematic and unnecessary single-use plastic packaging must be phased out by 2025. |
| Russian Government’s Import Substitution Policy | The Western sanctions suspended the distribution of several high-tech items to Russia, including those required by the raw material export sectors and the military-industrial complex. In response, the government launched an "import substitution" scheme, appointing a special commission to oversee its implementation in early 2015. |
| Paper Substrate | Paper substrates are paper sheets, reels, or boards with a base weight of up to 400 g/m2 that has not been converted, printed or otherwise altered. |
| Insulation Material | A material that inhibits or blocks heat, sound, or electrical transmission is known as Insulation Material. The variety of insulation materials includes thick fibers like fiberglass, rock and slag wool, cellulose, and natural fibers as well as stiff foam boards and sleek foils. |
| Thermal Shock | A temperature change known as thermal shock generates stress in a material. It commonly results in material breakdown and is especially prevalent in brittle materials like ceramics. When there is a quick temperature change, either from hot to cold or vice versa, this process occurs abruptly. It occurs more frequently in materials with poor heat conductivity and insufficient structural integrity. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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