GCC Construction Adhesive Market Overview and Insights:
According to Markntel Advisors Report, GCC Construction Adhesive Market size is estimated to grow at a CAGR of around 5.5% during the forecast period, i.e., 2024–30.
GCC Construction Adhesive Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
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Industry Growth Driver:
Surging Investment in Infrastructure Development to Support Market Growth – In the GCC region, countries like Saudi Arabia, the UAE, Kuwait, and Bahrain have made substantial investments in the development of infrastructure. Despite being predominantly oil-based economies with significant government control over key economic activities, these nations have been actively engaged in initiatives to enhance their infrastructure. Countries in the GCC have been improving their infrastructure to meet future demands and enhance global connectivity. For instance,
What is Included in GCC Construction Adhesive Market Segmentation?
The report has segmented the market into the following categories:
By Resin Type
– Acrylic Adhesives- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Epoxy Adhesives- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Polyurethane- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Polyvinyl Acetate (PVA)- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Silicon Adhesives- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Cyanoacrylate Adhesives- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Others (UV Curing Adhesives, Plastisol Adhesives, MS Polymers, etc.)- (Market Size & Forecast 2019-2030, (Thousand Tons)
During the historical years, the Acrylic Adhesives segment has dominated the GCC Construction Adhesive Market. The demand for acrylic adhesives is widely driven by the robust growth of construction activities. Their versatile bonding capabilities across various substrates such as wood, plastics, textiles, ceramics, leather, and metals are poised to drive significant growth in the segment. Countries such as Saudi Arabia and the UAE have embarked on a large number of residential and commercial projects, such as the USD 500 billion mega ‘NEOM’ project, The Red Sea Project—Phase 1, which includes the construction of 14 luxury and hyper-luxury hotels with 3000 rooms, Qidiya Entertainment City, etc. These projects are either in the planning or development phase, which is scheduled to be completed within the next five years. Hence, this is likely to increase the demand for acrylic adhesives for applications in the construction industry.
By Technology
– Water-Based- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Solvent-Based- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Epoxy-Based- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Hot-Melt- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Reactive- (Market Size & Forecast 2019-2030, (Thousand Tons)
By Application
– Resilient Flooring- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Roofing Systems- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Manufactured Housing- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Woodworking- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Panels- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Concrete- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Countertop & Drywall Lamination-(Market Size & Forecast 2019-2030, (Thousand Tons)
– Others (HVAC systems, Drywall Lamination, etc.)- (Market Size & Forecast 2019-2030, (Thousand Tons)
By End User
– Residential- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Commercial- (Market Size & Forecast 2019-2030, (Thousand Tons)
– Industrial-(Market Size & Forecast 2019-2030, (Thousand Tons)
By Country
– The UAE
– Saudi Arabia
– Kuwait
– Qatar
– Oman
– Bahrain
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Who are the Key Players Operating in the GCC Construction Adhesive Industry?
The top companies of the GCC Construction Adhesive market ruling the industry are:
- Sika GCC
- NAPCO Middle East
- Akrema Middle East DMCC
- Dow Inc.
- Jowat Adhesives
- Pidilite MEA Chemicals LLC
- H.B Fuller Middle East
- Huntsman International LLC
- MAPEI S.p.A.
- Tackmix Adhesives
- Dubai Adhesive
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the GCC Construction Adhesive Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the GCC Construction Adhesive industry?
- Which is the Leading segment in the market?
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