Saudi Arabia Floor Adhesive Market to Grow with a CAGR of 4.15% through 2029

Growth in research and development activities is expected to drive the Saudi Arabia Floor Adhesive Market growth in the forecast period, 2025-2029.

 

According to TechSci Research report, “Saudi Arabia Floor Adhesive Market – By Region, Competition, Forecast and Opportunities, 2019-2029F”, the Saudi Arabia Floor Adhesive Market stood at USD 192.44 million in 2023 and is anticipated to grow with a CAGR of 4.15% in the forecast period, 2025-2029. The government's initiatives focusing on floor adhesive have created favorable market conditions for the Saudi Arabia Floor Adhesive Market. Several factors are driving the growth of various floor adhesive products. A key initiative significantly boosting the floor adhesive market is the government's comprehensive plan to develop the housing industry. With a strong emphasis on delivering affordable housing solutions to the population, this strategic approach has led to a notable increase in construction activities across different regions. Consequently, there has been a surge in demand for high-quality floor adhesives essential for constructing cost-effective houses that ensure durability and longevity.

The Saudi Arabian government, aligning with global sustainability trends, actively promotes the construction of energy-efficient buildings. This forward-thinking initiative not only aims to decrease energy consumption but also underscores environmental conservation. Consequently, there's been a notable increase in demand for adhesives and sealants that enhance energy efficiency in building structures. These advanced adhesives not only offer excellent bonding properties but also play a crucial role in reducing energy wastage and improving the overall sustainability of construction projects.

 

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Manufacturers are constantly allocating resources to research and development (R&D) in order to create adhesives that not only provide superior bonding strength and durability but also exhibit exceptional resistance to environmental factors such as heat, moisture, and chemicals. These adhesive properties make them the ideal choice for a wide range of flooring applications, including high-traffic areas and environments with challenging conditions. As a result, the demand for these advanced adhesives continues to surge in the market, as more industries and sectors recognize their significant benefits and long-term value.

The Saudi Arabia Floor Adhesive Market is segmented in resin type, application, regional distribution, and company.

Based on its application, the wood is the fastest growing in the Saudi Arabia Floor Adhesive market. Saudi Arabia has experienced significant growth in construction projects, including residential, commercial, and industrial developments. Wood flooring is often preferred for its aesthetic appeal and durability, particularly in luxury or high-end projects. This increase in construction activities directly drives the demand for floor adhesives specifically formulated for wood flooring. There has been a noticeable shift in consumer preferences towards wood flooring over traditional materials like tiles or vinyl. This trend is driven by changing lifestyle preferences, higher disposable incomes, and increased awareness of interior design aesthetics. As a result, more households and businesses are opting for wood floors, boosting the demand for floor adhesives tailored for wood installations.

Based on region, Northern & Central segment is expected to grow during the forecast period.

These regions, notably the Eastern Province and Riyadh, serve as pivotal centers of industrial expansion in Saudi Arabia and are dynamic hubs of economic activity. With a diverse array of industries including manufacturing, petrochemicals, and others, these areas have experienced a substantial increase in the demand for adhesives across multiple applications. This surge in demand has notably driven the growth of the floor adhesive market, establishing it as a flourishing sector within the region.

Major companies operating in Saudi Arabia Floor Adhesive Market are:

• Bostik SA
• Mapei S.P.A.
• Laticrete International Inc.
• Forbo Holding AG
• Wacker Chemie AG
• The Dow Chemical Company

 

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“ The Saudi Arabia floor adhesive market is poised for continued expansion driven by ongoing urbanization, infrastructure projects, and the adoption of advanced construction techniques. Market participants can anticipate further innovations in adhesive technologies and formulations, along with an increased emphasis on sustainability and environmental stewardship. As Saudi Arabia progresses towards its economic goals outlined in Vision 2030, the floor adhesive sector is expected to play a pivotal role in supporting the nation's infrastructure development and construction activities.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Saudi Arabia Floor Adhesive Market By Resin Type (Polyurethane Adhesive, Epoxy Adhesive, Vinyl Adhesive, Acrylic Adhesive, Others), By Application (Wood, Carpet, Laminate, Tile & Stone, Others), By Region, By Competition Forecast & Opportunities, 2019-2029F”, has evaluated the future growth potential of Saudi Arabia Floor Adhesive Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Floor Adhesive Market.

 

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