Market Size of Middle-East and Africa Contact Adhesives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Contact Adhesives Market Analysis
Middle-East and Africa contact adhesive market is expected to grow at a CAGR of more than 3% during the forecast period. The demand for contact adhesive is widely driven by the robust growth in construction activities. However, stringent VOC emission regulations may affect the growth of the studied market.
- The neoprene-based segment dominated the market. It is likely to grow during the forecast period, owing to the rising demand from the footwear and construction industry.
- The shifting focus toward water-borne adhesives is likely to offer opportunities for the contact adhesive market in the region.
- Saudi Arabia stands to be the largest market for contact adhesive in the region, with consumption being majorly driven by the growing demand from end-user industries, such as packaging, construction, and woodworking.
MEA Contact Adhesives Industry Segmentation
Middle-East and Africa contact adhesive market report include:
| Resin | |
| Neoprene | |
| Styrene Butadiene Copolymer | |
| Acrylic Copolymer | |
| Other Resins |
| Technology | |
| Water-borne | |
| Solvent-borne | |
| Other Technologies |
| End-user Industry | |
| Building and Construction | |
| Automotive and Aerospace | |
| Consumer Durables | |
| Packaging | |
| Woodworking | |
| Leather and Footwear | |
| Other End-user Industries |
| Geography | |
| Bahrain | |
| Egypt | |
| Qatar | |
| Saudi Arabia | |
| South Africa | |
| United Arab Emirates | |
| Rest of Middle-East and Africa |
Middle-East and Africa Contact Adhesives Market Size Summary
The Middle-East and Africa contact adhesives market is poised for growth, driven primarily by the surge in construction activities across the region. The demand for these adhesives is significantly influenced by the robust expansion of the construction sector, which is a result of efforts to diversify economies away from oil dependency. Neoprene-based adhesives are particularly dominant due to their extensive application in the footwear and construction industries, benefiting from their superior properties such as high cohesion, elasticity, and resistance to environmental factors. The shift towards water-borne adhesives presents new opportunities for market expansion. Saudi Arabia emerges as the largest market within the region, with its consumption of contact adhesives propelled by the burgeoning construction, packaging, and woodworking industries. The country's initiatives to become an automotive hub further stimulate demand, as numerous residential and commercial projects are underway, necessitating increased use of adhesives and sealants.
The fragmented nature of the Middle-East and Africa contact adhesives market is characterized by the presence of key players such as 3M, Arkema Group, H.B. Fuller, Sika AG, and Henkel AG & Co. KGaA. The packaging industry, particularly in Saudi Arabia, serves as a significant driver for market growth, fueled by the rising demand for safe and sustainable packaging solutions. This trend is further amplified by the increasing consumption of instant foods, which necessitates efficient packaging. As construction investments continue to rise in countries like Saudi Arabia, Qatar, the United Arab Emirates, and Egypt, the demand for contact adhesives is expected to grow, particularly for applications in wooden flooring and artificial turf. These developments underscore the potential for continued expansion of the contact adhesives market in the Middle-East and Africa region over the forecast period.
Middle-East and Africa Contact Adhesives Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Robust Growth in Construction Activities
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1.1.2 Other Drivers
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1.2 Restraints
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1.2.1 Stringent Environmental Regulations Regarding VOC Emissions
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1.2.2 Other Restraints
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1.3 Industry Value-chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Resin
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2.1.1 Neoprene
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2.1.2 Styrene Butadiene Copolymer
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2.1.3 Acrylic Copolymer
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2.1.4 Other Resins
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2.2 Technology
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2.2.1 Water-borne
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2.2.2 Solvent-borne
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2.2.3 Other Technologies
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2.3 End-user Industry
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2.3.1 Building and Construction
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2.3.2 Automotive and Aerospace
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2.3.3 Consumer Durables
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2.3.4 Packaging
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2.3.5 Woodworking
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2.3.6 Leather and Footwear
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2.3.7 Other End-user Industries
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2.4 Geography
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2.4.1 Bahrain
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2.4.2 Egypt
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2.4.3 Qatar
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2.4.4 Saudi Arabia
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2.4.5 South Africa
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2.4.6 United Arab Emirates
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2.4.7 Rest of Middle-East and Africa
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Middle-East and Africa Contact Adhesives Market Size FAQs
What is the current Middle-East and Africa Contact Adhesives Market size?
The Middle-East and Africa Contact Adhesives Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in Middle-East and Africa Contact Adhesives Market?
Arkema Group, Henkel AG & Co. KGaA, 3M, Sika AG and H.B. Fuller are the major companies operating in the Middle-East and Africa Contact Adhesives Market.
