Saudi Arabia Adhesives And Sealants Market

Adhesives & Sealants are widely used in the building and construction industry because of its characteristics and physical properties. Adhesion and elasticity, cohesive strength, flexibility thermal expansion resistance, UV light protection, corrosion are some of the differentiating features which can be addressed with Adhesives & Sealants. Adhesives & Sealants is extensively used for various application such as heating, ventilation, air conditioning (HVAC), resilient flooring, roofing, wall covering, concrete, joint cement, manufactured housing, pre-finish panels, joints in exterior walls, spandrels, drywall lamination, repair of more substantial cracks, and fixed window frames, etc.

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Key Drivers and Emerging Trends

Major factors such as growth in the building and construction industry, shifting focus toward composite joints, increased usage of disposable hygiene products, massive government investments are expected to boost the growth of the adhesives & sealants market. Also, the Government initiative and expansion plan for the development of infrastructure, transportation, energy, and utility construction will increase the demand for adhesive and sealant during the forecast period. For instance; Saudi Arabia investing billions of dollars in large-scale projects to boost its infrastructure in the coming years. However, volatile prices of adhesives and sealants may have to hamper the growth of the market.

Saudi Arabia’s primary growth in adhesives and sealants has mainly been powered by extensive used in the construction and automotive industries. Most of the Supply-demand gap is highly depends on the imports of adhesive and sealant products to meet the growing domestic demand. The positive manufacturing outlook is certainly benefitting the consumption of adhesive and sealants in Saudi Arabia in the upcoming few years. However, reduce VOC emissions, rising awareness and stringent regulations are also expected to boost the market growth in the forthcoming years.

Growing demand for adhesives and sealants across construction and building sector along with the increasing technology advancement and R&D activities is boosting the Saudi Arabia Adhesives & Sealants Market. Moreover, growing preference for environment friendly and non-toxic adhesives and rapid expansion of end use industries is supporting the market growth. Increasing usage of adhesives & sealants to fill cracks and seal joints in the construction and building sector owing to the rapid urbanization and rising government spending.

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By Technology–Segment Analysis

Hot–melt segment is expected to grow at the fastest rate during the forecast period owing to the increasing popularity in the textile and fabric industry. Water-based is gaining traction in upcoming years due to the increasing adoption of this technology because of high efficiency and cost saving to cater the increasing demand across furniture and construction industries.

Application–Segment Analysis

Packaging segment is project to grow at the fastest CAGR in Saudi arabia adhesives market owing to the increasing demand for PPE kits, surgical masks, among other healthcare products along with rising healthcare spending is driving the packaging products. Construction segment is expected to increase in Saudi Arabia sealants market during the forecast period due to the rapid technological advancements and innovation in sealant market. In addition, rising infrastructure spending and construction activities is further expected to boost the construction segment.

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Top Market Players

Various notable players operating in the market, include Fafa Adhesive Labeling Industry, 3M Company, Sika AG, SAVETO, SAAF Technologies Co. Ltd, POLYWED Construction Chemicals, VALVE SERVE, Technozoneksa, Nordson Corporation, DowDuPont, among others.

Key Developments:

• • In 2022, Arkema acquired performance adhesives business of Ashland Inc. to strengthen their Adhesive Solutions portfolio.
  • In 2020, WACKER expanded its silicone sealants portfolio by launching renewables-based silicone sealant to cater the increasing demand.

Segments covered in the Report:

The Saudi Arabia Adhesives & Sealants Market has been segmented on the basis of adhesives, sealants. Based on the Adhesives, the market has been segmented into technology, product, application. The technology segment is further segmented into Solvent–based, Water–based, Hot Melt, Reactive and Others. The product segment is further segmented into Polyvinyl alcohol, Ethylene–vinyl acetate, Polyurethanes, Acrylic, Styrenic block, Epoxy and Others. The application segment is further segmented into Paper & packaging, Consumer & DIY, Building & construction, Furniture & woodworking, Automotive & transportation and Others. Based on the Sealants, the market is segmented into product and application. The product segment is further segmented into Silicones Polyurethanes, Acrylic, Polyvinyl Acetate and Others. The application segment is further segmented into Construction, Automotive, Packaging, Consumers and Others.

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Key questions answered in this research report:

• • At what pace is Saudi Arabia Adhesives & Sealants market growing? What will be the Saudi Arabia Adhesives & Sealants market forecast?
  • What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
  • Saudi Arabia Adhesives & Sealants market outlook, application areas and how they are poised to grow?
  • Saudi Arabia Adhesives & Sealants market overview, industry analysis and scope of study?

Market Segmentation

Saudi Arabia Adhesives & Sealants Market by Adhesives

By Technology

• • • Solvent–based
    • Water–based
    • Hot melt
    • Reactive & others

 By Product

• • • PVA (Polyvinyl alcohol)
    • EVA (Ethylene–vinyl acetate)
    • Polyurethanes
    • Acrylic
    • Styrenic block
    • Epoxy
    • Others

By Application

• • • Paper & packaging
    • Consumer & DIY
    • Building & construction
    • Furniture & woodworking
    • Automotive & transportation
    • Others

Saudi Arabia Adhesives & Sealants Market by Sealants

By Product

• • • Silicones Polyurethanes
    • Acrylic
    • Polyvinyl Acetate
    • Others

By Application

• • • Construction
    • Automotive
    • Packaging
    • Consumers
    • Others

Saudi Arabia Adhesives & Sealants Market Leading market players (Option: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Fafa Adhesive Labeling Industry
  • 3M Company
  • Sika AG
  • SAVETO
  • SAAF Technologies Co. Ltd.
  • POLYWED Construction Chemicals
  • VALVE SERVE
  • Technozoneksa
  • Nordson Corporation
  • DowDuPont