Market Size of Middle-East and Africa Waterborne Adhesives Industry
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 |
Need a report that reflects how COVID-19 has impacted this market and its growth?
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 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 |
Middle-East and Africa Waterborne Adhesives Market Size Summary
The Middle-East and Africa waterborne adhesives market is poised for significant growth, driven by factors such as the availability of raw materials and low production costs. The construction industry, particularly in the United Arab Emirates, is a major contributor to this growth, with waterborne adhesives being integral to various applications like concrete, ceramic tiles, and flooring. These adhesives are favored for their eco-friendly and low-toxic properties, making them a popular choice in the construction sector, which is increasingly leaning towards green building practices. Despite the challenges posed by limited usage in high-end applications, the demand for waterborne adhesives is expected to rise, particularly in building and construction, which is anticipated to dominate the market during the forecast period.
The United Arab Emirates is expected to experience the highest growth rate in the region, driven by its rapid infrastructural development and government initiatives to enhance tourism-related infrastructure. Cities like Abu Dhabi and Dubai are at the forefront of this growth, with their burgeoning infrastructural demands fueling the market for waterborne adhesives. The market is moderately consolidated, with key players such as 3M, Arkema Group, Dow, Henkel AG & KGaA, and Sika AG holding significant shares. These companies are instrumental in shaping the market dynamics, contributing to the overall expansion of the waterborne adhesives market in the Middle-East and Africa.
Middle-East and Africa Waterborne Adhesives Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Drivers
-
1.1.1 Availability of Raw Materials and Low Production Cost
-
1.1.2 Increasing Demand from Construction Industry
-
-
1.2 Restraints
-
1.2.1 Limited Usage in High End Applications
-
1.2.2 Other Restraints
-
-
1.3 Industry Value-chain Analysis
-
1.4 Porter's Five Forces Analysis
-
1.4.1 Bargaining Power of Suppliers
-
1.4.2 Bargaining Power of Consumers
-
1.4.3 Threat of New Entrants
-
1.4.4 Threat of Substitute Products and Services
-
1.4.5 Degree of Competition
-
-
-
2. MARKET SEGMENTATION
-
2.1 Resin Type
-
2.1.1 Acrylics
-
2.1.2 Polyvinyl Acetate (PVA) Emulsion
-
2.1.3 Ethylene Vinyl Acetate (EVA) Emulsion
-
2.1.4 Polyurethane Dispersions and CR (Chloroprene Rubber) Latex
-
2.1.5 Other Resin Types
-
-
2.2 End-user Industry
-
2.2.1 Building & Construction
-
2.2.2 Paper, Board, and Packaging
-
2.2.3 Woodworking & Joinery
-
2.2.4 Transportation
-
2.2.5 Healthcare
-
2.2.6 Electrical & Electronics
-
2.2.7 Other End-user Industries
-
-
2.3 Geography
-
2.3.1 Saudi Arabia
-
2.3.2 South Africa
-
2.3.3 Rest of Middle-East and Africa
-
-
Middle-East and Africa Waterborne Adhesives Market Size 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.