Market Size of Middle-East and Africa Reactive Adhesives Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 6.00 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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MEA Reactive Adhesives Market Analysis
The Middle-East & Africa market is expected to grow at with a CAGR greater than 6% during the forecast period. One of the major factors driving the market is the rapid growth of solar electricity market in the region. However, negative effects of epoxy and acrylic reactive adhesives on skin is hindering the growth of the market studied.
- Growing popularity of heat-resistant products is expected to provide a major growth opportunity for the market studied.
- Saudi Arabia accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
- Among the end-user industries, renewable energy industry dominated the market studied owing to the high demand from decking application.