Sealants
Flourishing Construction Industry
Prefabricated procedures are required for many of Saudi Arabia's megaprojects, and the UAE government's ambition for sustainability calls for cutting-edge construction technologies. Therefore, until 2022, we can anticipate that the demand for modular data centers and modular construction will both continue to grow. Middle East, GCC, and North Africa government to support the residential construction sector, are expected to support the growth of the construction industry in the Middle East, GCC, and North Africa, thereby increasing demand for adhesives and sealants.
Increasing Urbanization
Nearly 70% of the population in the Middle East, GCC, and North Africa lives in cities, with urbanization rates in Kuwait and Qatar approaching 100%. The growing urban population in the Middle East, the Gulf Cooperation Council, and North Africa has spurred demand for commercial building and infrastructure upgrades for road, rail, and air transportation, all of which involve the use of adhesives and sealants during construction. Paints, coatings, adhesives, and sealants are widely used in the construction and automotive industries, and in a region characterized by a highly affluent and growing population, as well as strong government support for the expansion and diversification of the economy and its industries, construction activity, and its associated coatings, adhesives, and sealants market, have seen a significant increase in recent years and are expected to continue to grow.
Growing demand for PUR and POR Reactive Hot Melt Glues for Automotive Adhesives
The extraordinary strength and versatility are main reasons for the demand of reactive hot melt adhesives. Reactive hot melt glues include polyurethane (PUR) hot melts and silane-modified polyolefin (POR) adhesives. Reactive hot melt adhesives of both sorts are used in a variety of industries, including automotive, electronics, and construction. Reactive hot melt adhesives are not the cheapest, but they are versatile in applications and provide a strong joint between the parts, even on previously unglued surfaces. Automotive adhesives are quite light, which aids in vehicle weight reduction. They also adhere to light-weight materials, which are important in autos that are lighter.
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Market Segmentation
The Middle East, GCC & North Africa Adhesives and Sealants Market is segmented based on Resin Type (Polyurethane Adhesives, Vinyl Adhesives,
Company Profiles
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Attribute | Details |
Market size value in 2021 | USD 808.49 Million |
Revenue Forecast in 2030 | USD 1369.41 Million |
Growth Rate | 6.20% |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022E |
Forecast Period | 2023F – 2030F |
Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022E-2030F |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | S By Resin Type S By Technology S By End Use Industry S By Sales Channel |
Country Scope | UAE, Saudi Arabia, Kuwait, Oman, Qatar, Bahrain, Iran, Egypt, Algeria, Morocco |
Key Companies Profiled | o Sika AG, Henkel AG & Co. KGaA, H.B. Fuller Company, Dow Corning, Pidilite Industries Ltd., Soudal NV, Bostik SA, Ashwa Technologies Co. Ltd., Razi Chemical Co., Jowat Corporation |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |