Saudi Arabia Floor Adhesive Market, By Resin Type (Polyurethane Adhesive, Epoxy Adhesive, Vinyl Adhesive, Acrylic Adhesive and Others), By Technology (Water-Based Adhesive, Hot-Melt Adhesive and Solvent-Based Adhesive), By End-Use (Residential, Industrial and Commercial), By Application (Wood, Carpet, Laminate, Tile & Stone and Others), By Company and By Geography, Forecast & Opportunities, 2023

Saudi Arabia Floor Adhesive Market is projected to grow at a CAGR of over 6% during the forecast period. The major factor contributing in the growth of the market are growing urbanization, rapid growth of the Saudi population and increasing public sector investments. Saudi Arabia vision for 2030 is to change the economy from oil profits and driving construction activities in both residential & non-residential segments which will drive the floor adhesive market in Saudi Arabia. The growth of the Saudi Arabia Floor Adhesives market is majorly supported by increasing government contribution and investments in sectors such as healthcare and infrastructure construction to expand the country’s economy away from oil and to support economic growth. The country's construction sector contributes around 8 per cent of Saudi Arabia’s total GDP, making it the largest construction market in the Middle East. Moreover, Saudi Arabia is currently facing a shortage of affordable housing, according to the Saudi Arabia's Housing Ministry, 3.3 million new housing units are required to be built by 2025, to address the country's lasting housing shortage. In September 2016, the government signed a memorandum of understanding with the Chinese government to build 100,000 new homes in Al-Ahsa province which will further drive the demand for floor adhesives in Saudi Arabia.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2018–2023

Objective of the Study:

• To analyse and forecast the market size of Floor Adhesive Market, in terms of value & volume.
• To classify and forecast Saudi Arabia Floor Adhesive Market based on resin type, technology, application, end-use industry and regional distribution.
• To identify drivers and challenges for Saudi Arabia Floor Adhesive Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia Floor Adhesive Market.
• To conduct the pricing analysis for Floor Adhesive Market.
• To identify and analyse the profile of leading players involved in the manufacturing of Saudi Arabia Floor Adhesive Market.

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Some of the leading players in the 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, Henkel AG & Co. KGaA, Sika AG, Pidilite Industries Limited, BASF etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across Saudi Arabia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across Saudi Arabia.

TechSci Research calculated the market size of Saudi Arabia Floor Adhesive Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

• Floor Adhesive manufacturers
• Traders, Distributors, and Suppliers
• End-Users
• Raw Material Suppliers
• Industry associations and experts
• Research organizations and consulting companies.
• Research Institutes
• Industry associations
• Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Saudi Arabia Floor Adhesive Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, By Resin Type:
• Polyurethane Adhesive
• Epoxy Adhesive
• Vinyl Adhesive
• Acrylic Adhesive
• Others
• Market, By Technology:
• Water-Based Adhesive
• Hot-Melt Adhesive
• Solvent-Based Adhesive
• Market, By Application:
• Wood
• Carpet
• Laminate
• Tile & Stone
• Others
• Market, By End-Use Industry:
• Residential
• Industrial
• Commercial
•  Market, by Country:
• Saudi Arabia
• Central
• Western
• Eastern
• Southern
• Northern

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Floor Adhesive Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the 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).

Profit Margin Analysis

• Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]