Market Size of Middle-East and Africa Contact Adhesives Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 3.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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MEA Contact Adhesives Market Analysis
Middle-East and Africa contact adhesive market is expected to grow at a CAGR of more than 3% during the forecast period. The demand for contact adhesive is widely driven by the robust growth in construction activities. However, stringent VOC emission regulations may affect the growth of the studied market.
- The neoprene-based segment dominated the market. It is likely to grow during the forecast period, owing to the rising demand from the footwear and construction industry.
- The shifting focus toward water-borne adhesives is likely to offer opportunities for the contact adhesive market in the region.
- Saudi Arabia stands to be the largest market for contact adhesive in the region, with consumption being majorly driven by the growing demand from end-user industries, such as packaging, construction, and woodworking.