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Report
Saudi Arabia Adhesives & Sealants Market By Resin Type, By Technology, By End Use Industry and By Sales Channel), By Adhesives (By Resin Type and By Technology), By Sealants (By Resin Type), Competition Forecast & Opportunities, 2017-2030F
Market Report I 2023-02-01 I 77 Pages I TechSci Research
Saudi Arabia Adhesives and Sealant market is expected to register a CAGR of 6.79% during the forecast period, 2023-2030, to achieve a market value of USD 333.07 million by 2030F. Advanced synthetic polymer adhesives and sealants have emerged, causing expansion of significant industrial products in recent years. As adhesives are used in furniture making therefore, growth in the furniture industry is expected to drive the Saudi Arabia Adhesives and Sealant Market during the forecast period.
It is plausible to examine the growth of chemical industry in Saudi Arabia, seeing its easy raw material sourcing and evolving infrastructural industrial development in the recent years. Saudi Arabia has earned the reputation in building the excellent class manufacturing facilities and admirable supply chain of quality and reliable specialty chemicals such as adhesives and sealants.
Inclusive research and analytical studies were conducted to deeply understand the Saudi Arabia Adhesives Market. Bifurcation into adhesives and sealants ensures the appropriate records of market revenues generated from adhesives and sealant industry. Market growth has been phenomenal in the past five years seeing the sales of leading players who manufacture broad range of adhesives and sealants for numerous end use industries.
Growing Packaging, Furniture, and Construction Industry is Driving Saudi Arabia Adhesives Market Growth
As an outcome of a rise in utilization across a variety of industries, including packaging, furniture, and construction, the Saudi Arabia Adhesives Market is expected to achieve a market value of USD 201.11 million by 2030F, registering an impressive CAGR of 6.07% during the forecast period, 2023-2030F. The substantial usage of adhesives in the construction and automotive industries has been the main factor driving the market growth in Saudi Arabia. To bridge the majority of the supply-demand gap and fulfill the rising local demand, adhesive and sealant product imports are extremely important. The Saudi Arabian market for adhesives will undoubtedly profit from the optimistic manufacturing outlook in the next years. Lower VOC emissions, increased awareness, and stricter restrictions, however, are also expected to spur market expansion in the following years.
Consumer Acceptability of the Saudi Arabia Sealants Market is Driving the Market Growth
A wide range of industries utilize sealants for manufacturing products for various end-users. Manufacturers produce materials for their own internal usage in addition to selling adhesive and sealant solutions to other industries. There are numerous instances of supplementary markets and specialized industrial applications where sealants alone may outperform other prevailing bonding solutions. Numerous efforts have been made to aid the expansion of the Saudi Arabia Sealant Market through innovation and development.
Market Segmentation
Saudi Arabia Adhesives & Sealant Market is segmented into resin type and technology. Based on resin type, the market is further split into polyurethane adhesives, vinyl adhesives, silicone & modified silicone adhesive and sealants, Polysulfide Sealants, Epoxy Adhesives, Polyurethane Sealants, Cyanoacrylate, Acrylic Adhesives & Sealants, Others (Oil Caulking, Butyl Rubber, Natural Polymer etc).
Based on technology, the market is further fragmented into water based, solvent based, hot melt, reactive, and others (Water Soluble Polymers, Natural Polymers, Pressure Sensitive). As a result of growing demand in the furniture and construction industries, water-based technology is predicted to have the greatest revenue shares in the market and dominate the market segment in the coming years. Higher efficiency and cost savings are two other elements driving the development of the market's water-based technology demand.
Based on end use industry the market is divided into furniture, building & construction, packaging & paper related products, automotive, DIY, aerospace, defense and others.
Based on sales channel the market is divided into B2B and B2C.
Company Profiles
Sika AG, H.B. Fuller, Henkel AG & Co. KGaA, Bostik, Al Muqarram Group, LATICRETE International,Inc., 3M Saudi Arabia Pty Ltd. and Anabond Limited are among the major market players in the Saudi Arabia adhesives and sealants market.
Report Scope:
In this report, Saudi Arabia Adhesives and Sealants is segmented into following categories, in addition to the industry trends which have also been detailed below:
- Saudi Arabia Adhesives and Sealants Market:
o By Resin Type
- Polyurethane Adhesives
- Vinyl Adhesives
- Acrylic Adhesives & Sealants
- Epoxy Adhesives
- Silicone & Modified Silicone Adhesives and Sealants
- Polyurethane Sealants
- Polysulfide Sealants
- Cyanoacrylate
- Others (Oil Caulking, Butyl Rubber, Natural Polymer, etc.)
o By Technology
- Water Based
- Solvent Based
- Hot Melt
- Reactive
- Others (Water Soluble Polymers, Natural Polymers, Pressure Sensitive)
o By End-Use Industry
- Furniture
- Building & Construction
- Packaging & Paper Related Products
- Automotive
- DIY
- Aerospace
- Defense
- Others (Footwear, Ceramics, Textile, Leather, etc.)
o By Sales Channel
- B2B
- B2C
- Saudi Arabia Adhesives and Sealants Market, By Adhesives:
o By Resin Type
- Polyurethane Adhesives
- Vinyl Adhesives
- Acrylic Adhesives
- Epoxy Adhesives
- Silicone & Modified Silicone Adhesives
- Others (Oil Caulking, Butyl Rubber, Natural Polymer)
o By Technology
- Water Based
- Solvent Based
- Hot Melt
- Reactive
- Others (Water Soluble Polymers, Pressure Sensitive)
- Saudi Arabia Adhesives and Sealants Market, By Sealants:
o By Resin Type
- Silicone
- Polyurethane
- Polysulfide
- Others
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Adhesives and Sealants Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customers
4.1. Brand Awareness
4.2. Factors Affecting Purchase Decisions
5. Impact of COVID-19 on Saudi Arabia Adhesives and Sealants Market
6. Saudi Arabia Adhesives & Sealants Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share & Forecast
6.2.1. By Resin Type (Polyurethane Adhesives, Vinyl Adhesives, Acrylic Adhesives & Sealants, Epoxy Adhesives, Silicone & Modified Silicone Adhesive and Sealants, Polyurethane Sealants, Polysulfide Sealants, Cyanoacrylate and Others)
6.2.2. By Technology (Water Based, Solvent Based, Hot Melt, Reactive and Others)
6.2.3. By End Use Industry (Furniture, Building & Construction, Packaging & Paper Related Products, Automotive, DIY, Aerospace, Defense and Others)
6.2.4. By Sales Channel (B2B and B2C)
6.2.5. By Region
6.2.6. By Company (2021)
6.3. Product Market Map
7. Saudi Arabia Adhesives Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.1.2. By Volume
7.2. Market Share & Forecast
7.2.1. By Resin Type (Polyurethane Adhesives, Vinyl Adhesives, Acrylic Adhesives, Epoxy Adhesives, Silicone & Modified Silicone Adhesives and Others)
7.2.2. By Technology (Water Based, Solvent Based, Hot Melt, Reactive and Others)
8. Saudi Arabia Sealants Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.1.2. By Volume
8.2. Market Share & Forecast
8.2.1. By Resin Type (Silicone, Polyurethane, Polysulfide and Others (Silyl Modified Polymer, Silane Terminated Polymer))
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Developments
11. Policy and Regulatory Landscape
12. Saudi Arabia Economic Profile
13. Import-Export Analysis
14. Pricing Analysis By Resin Type for Adhesives and Sealants
15. List of Adhesives and Sealants Traders in Saudi Arabia
16. Competitive Landscape
16.1. Sika Saudi Arabia Limited
16.2. H.B. Fuller Company
16.3. 3M Company
16.4. National Adhesives Limited (Henkel)
16.5. Al Muqarram Group
16.6. Laticrete International, Inc.
16.7. Permabond Engineering Adhesives Ltd.
16.8. Anabond Limited
16.9. Dow Corning
16.10. Pidilite Industries Limited
16.11. Soudal Group
16.12. Bostik- Gerflor Middle East
16.13. Ashwa Technologies Co. Ltd
17. Strategic Recommendations
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