MEA Waterborne Adhesives Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
MEA Waterborne Adhesives Market Analysis
The Middle-East and Africa Waterborne Adhesives market is expected to grow at with a CAGR greater than 6% during the forecast period. One of the major factors driving the market is the availability of raw materials and low production cost. However, limited usage in high-end applications is hindering the market studied during the forecast period.
- Another factor driving the market studied is the growing demand from construction industry.
- United Arab Emirates is expected to witness the highest growth rate during the forecast period.
- Among the end-user industries, building & construction is expected to dominated the market studied during the forecast period.
MEA Waterborne Adhesives Market Trends
This section covers the major market trends shaping the MEA Waterborne Adhesives Market according to our research experts:
Building & Construction to Dominate the Market
- In the construction sector, adhesives are used in concrete, ceramic tiles, carpet laying, flooring underlayment, drywall lamination, joint cement, manufactured housing, pre-finished panels, resilient flooring, roofing, and wall covering. Various types of adhesives are used depending on the purposes they serve.
- Water-borne adhesives are produced from either soluble synthetic polymers or natural polymers. Water-borne adhesives use water as a carrier or diluting medium to disperse a resin. Water-borne adhesives are increasingly becoming an integral part of construction chemicals, owing to their eco-friendly and low-toxic nature, high solid content, and high initial adhesion properties.
- The growing demand for green building construction, coupled with the rising concern about the quality of construction, is accelerating the demand for water-borneadhesives.
- Hence, owing to the above-mentioned reasons, building & construction industry is like to dominate the market during the forecast period.
United Arab Emirates is expected to Witness the Highest Growth Rate
- United Arab Emirates is a hot tourist destination, making better and this makes improving the infrastructure a top priority for the government.
- Owing to this, in the recent past, the government has taken multiple initiatives to boost the
- United Arab Emirates consists of some of the world's fastest growing cities like Abu Dhabi and Dubai. Infrastructural demand in these cities is one of the key reasons the reason for the growing waterborne adhesives market size in United Arab Emirates.
- Hence, owing to the above mentioned reasons, United Arab Emirates is expected to witness the highest growth rate during the forecast period.
MEA Waterborne Adhesives Industry Overview
The Middle-East and Africa waterborne adhesives market is moderately consolidated as the market of the market share is divided among a few players. Some of the key players in the market include 3M, Arkema Group, Dow, Henkel AG & KGaA, and Sika AG, among others.
MEA Waterborne Adhesives Market Leaders
-
3M
-
Arkema Group
-
Dow
-
Henkel AG & Co. KGaA
-
Sika AG
*Disclaimer: Major Players sorted in no particular order
MEA Waterborne Adhesives Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
-
4.1 Drivers
- 4.1.1 Availability of Raw Materials and Low Production Cost
- 4.1.2 Increasing Demand from Construction Industry
-
4.2 Restraints
- 4.2.1 Limited Usage in High End Applications
- 4.2.2 Other Restraints
- 4.3 Industry Value-chain Analysis
-
4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
-
5.1 Resin Type
- 5.1.1 Acrylics
- 5.1.2 Polyvinyl Acetate (PVA) Emulsion
- 5.1.3 Ethylene Vinyl Acetate (EVA) Emulsion
- 5.1.4 Polyurethane Dispersions and CR (Chloroprene Rubber) Latex
- 5.1.5 Other Resin Types
-
5.2 End-user Industry
- 5.2.1 Building & Construction
- 5.2.2 Paper, Board, and Packaging
- 5.2.3 Woodworking & Joinery
- 5.2.4 Transportation
- 5.2.5 Healthcare
- 5.2.6 Electrical & Electronics
- 5.2.7 Other End-user Industries
-
5.3 Geography
- 5.3.1 Saudi Arabia
- 5.3.2 South Africa
- 5.3.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share/Ranking Analysis**
- 6.3 Strategies Adopted by Leading Players
-
6.4 Company Profiles
- 6.4.1 3M
- 6.4.2 Arkema Group
- 6.4.3 Ashland.
- 6.4.4 Avery Dennison Corporation
- 6.4.5 Dow
- 6.4.6 Henkel AG & Co. KGaA
- 6.4.7 Sika AG
- 6.4.8 Wacker Chemie AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Government to Boost Infrastructure Spending by 2023
MEA Waterborne Adhesives Industry Segmentation
The Middle-East and Africa Waterborne Adhesives market report includes:
Resin Type | Acrylics |
Polyvinyl Acetate (PVA) Emulsion | |
Ethylene Vinyl Acetate (EVA) Emulsion | |
Polyurethane Dispersions and CR (Chloroprene Rubber) Latex | |
Other Resin Types | |
End-user Industry | Building & Construction |
Paper, Board, and Packaging | |
Woodworking & Joinery | |
Transportation | |
Healthcare | |
Electrical & Electronics | |
Other End-user Industries | |
Geography | Saudi Arabia |
South Africa | |
Rest of Middle-East and Africa |
MEA Waterborne Adhesives Market Research FAQs
What is the current Middle-East and Africa Waterborne Adhesives Market size?
The Middle-East and Africa Waterborne Adhesives Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)
Who are the key players in Middle-East and Africa Waterborne Adhesives Market?
3M, Arkema Group, Dow, Henkel AG & Co. KGaA and Sika AG are the major companies operating in the Middle-East and Africa Waterborne Adhesives Market.
What years does this Middle-East and Africa Waterborne Adhesives Market cover?
The report covers the Middle-East and Africa Waterborne Adhesives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Middle-East and Africa Waterborne Adhesives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
MEA Waterborne Adhesives Industry Report
Statistics for the 2024 MEA Waterborne Adhesives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. MEA Waterborne Adhesives analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.