Saudi Arabia Adhesives & Sealants Market Overview, 2027

"Saudi Arabia's adhesives and sealants market is a vibrant and promising sector driven by the country's healthy economic growth, rising building activity, and rapidly developing manufacturing industry. Saudi Arabia, the Middle East's largest economy and a global leader in oil production, provides a plethora of prospects for adhesives and sealants producers, suppliers, and distributors. The ambitious Vision 2030 effort of Saudi Arabia, which aims to diversify the economy and reduce dependency on oil, has spurred large investments in infrastructure development, housing developments, and industrial manufacturing. This has resulted in a high need for adhesives and sealants in a variety of industries, including construction, automotive, packaging, electronics, and others. Moreover, the Saudi government's focus on sustainable development and adherence to international standards and regulations further drives the need for environmentally friendly and high-performance adhesive and sealant solutions. With a strategic location, supportive business environment, and a robust market, the adhesives and sealants industry in Saudi Arabia holds tremendous potential for growth and success, making it an attractive market for businesses seeking to capitalize on the country's expanding opportunities. The Saudi government is actively promoting research and development activities in various sectors, including adhesives and sealants. Investments in R&D lead to the development of advanced products, improved formulations, and customized solutions tailored to industry-specific requirements. This drives market growth and fosters innovation within the adhesives and sealants industry. According to a report titled ""Saudi Arabia Adhesive & Sealant Market Overview, 2027,"" published by Bonafide Research, adhesives and sealants are expected to grow at a significant rate during the forecast period. The demand for adhesives and sealants that cure and adhere quickly is increasing. In numerous industries, these technologies increase productivity, decrease production time, and improve efficiency. Manufacturers are concentrating on producing adhesives and sealants with fast setting times while maintaining bonding strength and durability. UV-curable adhesives and sealants are gaining popularity in Saudi Arabia due to their speed of curing and adaptability. When exposed to ultraviolet light, these formulations cure, providing rapid bond strength and eliminating the need for further drying or curing time. UV-curable adhesives and sealants are especially well-suited for use in electronics, optics, and medical devices. Among adhesives and sealants, adhesives have the majority of the market share. However, the sealant market is expected to grow at a healthier rate than adhesives during the forecast period. In adhesive formulation technology, water-based adhesives lead the market due to the fact that they possess a variety, flexibility, and economic practicality. Water-based adhesives set quickly and form powerful bonds that, unless exposed directly to excess water or moisture, remain strong for an extended period of time. During the forecast period, hot-melt adhesives are expected to grow at a lucrative rate due to the increasing use of polyester hot-melt adhesives in the textile and fabric industries. Moreover, the use of hot melt adhesive products in the dashboard of automotive vehicles is increasingly becoming popular. These products find applications in the dashboard, wherein they offer reduced vibrations coupled with greater insulation from the sound.

The increased emphasis on providing soundproof rides is expected to drive product penetration in the automotive industry during the forecast period. In adhesives by application, paper, cardboard, and packaging hold the highest market share due to increasing online shopping with rising internet technologies and web applications. Moreover, the demand for cosmetics and food and beverage products is expected to grow due to the growing population, demand for quality products, urbanization, and consumers' inclination toward technology, hence, fuelling the demand for the packaging industry. During the forecast period, electrical and electronics are expected to grow at a significant rate due to increasing demand for the miniaturization/automation of mobile devices, touch screens, displays, and medical electronic systems. The consumption of electrical adhesives is increasing as the demand for these products grows. In sealants by resin type, silicone sealant is the most commonly used sealant in factors like bonding glass, ceramics, metals, plastic, concrete, and bricks. They are also used in aerospace and engineering. The main applications of silicone sealant are its construction properties and inertness. Because of increased urbanization, the demand for housing has increased, giving rise to the building and construction industry. Due to this, there is an increase in the use of sealants. The application of adhesives and sealants releases large amounts of chemical gases that are considered harmful and dangerous when inhaled. The regulations on their use are becoming stricter. In addition, the growing awareness of consumers about health and the environment has become a major concern for manufacturers. These factors may act as restraints for the growth of the adhesives and sealants market. The global healthcare sector has expanded significantly over the past few years. As a result, all associated industries flourished, including medical adhesives. Medical adhesives have thrived as new treatments and technologies have emerged. On the other hand, the expanding healthcare industry will benefit and drive the growth of the medical adhesives market.

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Manmayi Raval

Research Consultant

Covid 19 The COVID-19 outbreak has disrupted most supply chains across the country. Certain adhesives have witnessed strong demand due to their applications in the paper and packaging industries as well as healthcare. The shutting down of automotive companies where adhesives and sealants are used as a prime bonding material for hoods, grills, and interior panels, has temporarily hampered the growth of the adhesives and sealants market. Furthermore, falling consumer income and international travel restrictions led to a decrease in demand for adhesives and sealants. Considered in this report: • Geography: Saudi Arabia • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Saudi Arabia Adhesives & Sealants market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation

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By Type in the report: • Adhesive • Sealant By Formulating Technology in the report: • Water-based • Solvent-based • Hot-melt • Reactive & Others By Resin Type in the report: • Silicone • Polyurethane • Acrylic • Polyvinyl Acetate • Other Sealant Product By Application in the report: • Paper, Board, and Packaging • Buildings and Construction • Automotive & Transportation • Woodworking and Joinery • Footwear and Leather • Healthcare • Electrical and Electronics • Consumer & DIY • Other End-user Industries The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Adhesives & Sealants Industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. "