UAE adhesive & sealants market is bifurcated and studied as two distinct markets in spite of the fact that both substances exhibit few commonalities. In the Middle East, United Arab Emirates holds the second position in the manufacturing and supply of quality and reliable specialty chemicals such as adhesives and sealants after Saudi Arabia, which has topped owing to major consumption from end user industries such as construction and healthcare, etc. From general purpose use case to mega multi-billion construction projects, UAE has remained a bright spot for the investors due to strategic growth of these chemicals in the country propelled by the extensive demand owing to increase in the infrastructure development activities in building construction and healthcare industry.
UAE adhesives and sealants market is expected to register a CAGR of 7.54% during the forecast period, 2023-2030, and reach a market value of USD 219.49 million by 2030F. Significant growth has been witnessed in the recent years owing to the development of modern polymeric adhesives and sealants. Adhesives and sealants have found prominent markets in construction industry. Previously, mechanical methods for jointing such as welding or riveting were prevalent in the market but with successful experimentation of adhesives and sealants in the end-user industries, it was soon realized that adhesives could be used to create an equivalent impact at economically viable rates. Sealants were also found to have provided functionality and value to the products in industries ranging from automotive to construction.
Growing Packaging, Furniture and Construction
Owing to rising number of applications across range of industries such as packaging, furniture and construction, the UAE adhesives market is expected to achieve a market value of USD 184.10 million by 2030F, registering an impressive CAGR of 7.22% during the forecast period, 2023-2030F.
Increasing market acceptance is further driving further the UAE Sealants Market Growth
Sealants are used in wide variety of Industries. Quite a large number of industrialists are supplying many different products to numerous end-users for broad spectrum of applications. Apart from selling the adhesive and sealant products to other industries, manufacturers are also producing products for their own internal use. There exist many examples of additional markets and niche industrial applications where sealants alone can surpass other existing methods of joining. Numerous efforts have been put in bringing innovation and development supporting the growth of UAE Sealants Market growth. Furthermore, the rise in construction activities and development in the commercial manufacturing infrastructure in UAE will propel the furniture market, which will further influence the growth of silicone, polysulfide and polyurethane-based sealants and hence the overall growth of the market.
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Market Segmentation
The UAE adhesive & sealants market should be studied as two distinct market i.e. UAE Adhesives Market and UAE Sealants Market along with the major market player identification through competition analysis.
UAE Adhesive market is segmented on the basis of type and technology. Based on type, the market is segmented into polyurethane adhesives, vinyl adhesives, acrylic adhesives, epoxy adhesives, silicone & modified silicone adhesives and others. Based on technology, the market is further segmented into water-based, solvent-based, hot-melt, reactive, and others.
The UAE sealant market is segmented on the basis of resin type. Based on resin type, the market is further segmented into silicone, polyurethane, polysulfide, and others.
Company Profiles
Sika (U.A.E.) LLC, H.B. Fuller Middle East FZE, Henkel Jebel Ali FZCO, Bostik Consumer & Construction Arkema Middle East DMCC, Al Muqarram Group, LATICRETE Middle East LLC, 3M Gulf Ltd., Dow Chemical IMEA GmbH, Pidilite MEA Chemicals LLC, Jowat Middle East FZE, Soudal Middle East Building and Construction Materials Trading LLC, and Anabond Limited
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Attribute
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Details
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Market size value in 2021
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USD 114.49 Million
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Revenue Forecast in 2030
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USD 219.49 Million
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Growth Rate
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7.54%
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Base Year
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2021
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Historical Years
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2030
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Quantitative Units
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Revenue in USD Million, Volume in Units and CAGR for 2017-2021
and 2022-2030
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Report Coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments Covered
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·
Adhesives
o Type
o Technology
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Sealants
o Resin Type
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Key Companies Profiled
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Sika (U.A.E.) LLC, H.B. Fuller Middle East FZE, Henkel Jebel
Ali FZCO, Bostik Consumer & Construction Arkema Middle East DMCC, Al Muqarram
Group, LATICRETE Middle East LLC, 3M Gulf Ltd., Dow Chemical IMEA GmbH,
Pidilite MEA Chemicals LLC, Jowat Middle East FZE, Soudal Middle East
Building and Construction Materials Trading LLC, Anabond Limited
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