UAE Adhesives & Sealants Market to Register a CAGR of 7.54% During the Forecast Period
Rising consumer
awareness about types of adhesives used in various end use applications coupled
with increase in consumption of sealants in building and construction industry
are the key factors driving the UAE Adhesives and Sealants Market during the
forecast period.
According to
TechSci Research report, “UAE Adhesives & Sealants Market – By Region, Competition, Forecast & Opportunities, 2017-2030” UAE Adhesives & Sealants
Market is expected to register a CAGR of 7.54% and reach USD219.49 million by
2030. Trivial methods of joining two dissimilar materials or surfaces have
found a better replacement technology which is gradually gaining market
traction by wide range of industries across various sectors. Adhesives and Sealants
are witnessing a surge in demand from various sectors such as furniture,
building and construction, packaging, automotive, and DIY, etc. which is
expected to drive the UAE Adhesives and Sealants Market during the forecast
period.
The growing
construction activities in UAE are just one of the many variables contributing
to the market's impeccable boom. The UAE adhesives and sealants market has
expanded as a result of several practical applications of adhesives and
sealants in the healthcare sector as well as rising capacity utilization for
residential adhesives and sealants.
Upgradation in water
based and reactive-based technology, enhancement in the working methodology to
improve production cycle of adhesives and sealants & integrating them with
materials to make finished products in industries ranging from packaging to
construction is bolstering the growth of the UAE Adhesives & Sealants
market.
Browse over 20 market
data Figures spread through 70 Pages and an in-depth TOC on "UAE Adhesives & Sealants Market"
UAE
Adhesives market is segmented based on type, technology, and competitive
landscape.
Based on type, the market can be segmented into polyurethane adhesives, vinyl
adhesives, acrylic adhesives, epoxy adhesives, silicone & modified silicone
technology, and others. Polyurethane adhesives hold the largest share of
demand, followed by vinyl adhesives. Based on Technology, the market can be
segmented into water based, solvent based, hot melt, reactive, and others. The
water-based adhesive segment held the largest share in 2021 due to increased
capacity utilization in the furniture industry.
UAE sealants
market is segmented based on resin type. Based on Resin type, the market is
categorized into silicone, polyurethane, polysulfide, & others. Silicone-based
sealants dominate the market, followed by polyurethane sealants. The majority
of sealants' market share is expected to remain with glazing applications
during the forecast period.
Major
market players operating in the UAE Adhesives & Sealants Market are:
- 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
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“The significance and
prominence which adhesives and sealant carry have gained a bright spot in the
field of specialty chemicals from an investor’s perspective. Understanding
adhesives and sealants as a way for assembling and augmenting value to finished
products acknowledge the functionality which adhesives and sealant exhibit. Substantial
enterprises thrive to develop, manufacture and market these materials and they
are utilized within virtually every business and industry. Revenue generated from
the sales of these chemicals accounts as an important factor that contributes
to the country’s economy A technological upgradation and staggering demand from
end use industry is expected to fuel the UAE Adhesives & Sealants Market
growth till 2030”, said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“UAE Adhesives &
Sealants Market 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), By Technology (Water Based, Solvent Based, Hot Melt,
Reactive and Others), By End Use Industry (Furniture, Building & Construction,
Packaging & Paper Related Products, Automotive, DIY, Aerospace, Defense and
Others), By Sales Channel (B2B and B2C), By Region, Competition, Forecast &
Opportunities, 2017-2030F”, has evaluated the future
growth potential of UAE Adhesives & Sealants 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 UAE Adhesives & Sealants Market.
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