Middle East and Africa Contact Adhesives Market – Growth & Forecast (2024 – 2032)

technology which comprises of water-based, solvent-based, and others. The solvent-based adhesives segment is expected to hold the largest share in the market regarding both value and volume because they possess unique characteristics, such as temperature, humidity, and discolouration resistance. By type, the market is segmented into neoprene, polyurethane, acrylic, a styrene-butadiene copolymer (SBC), and others. Neoprene segment is projected to hold for the largest share of the market because of its natural availability and wide acceptability.

By End-Users, the market is segmented into woodworking, furniture, automotive, packaging, leather & footwear, consumer durables, construction, and others. The woodworking segment is anticipated to account for the largest share in the market. Contact adhesives are widely used in the woodworking industry because they can quickly bond wooden and porous substrates to improve performance and develop lightweight designs using multi-materials as there is an increasing focus on developing lightweight components to enhance aesthetic appeal. The automotive segment is projected to witness the highest growth rate during the forecast period, owing to technological advancements and rising demand for speciality contact adhesives.

By Geography, Middle East & Africa is projected to hold the largest share in the market during the forecast period because of increasing population, the rise in some vehicles and expansion of the automotive industry is expected to boost the growth of the Middle East & Africa contact adhesives market. UAE and Africa are anticipated to hold the largest share in the market due to the expansion

of their economies and the increase in buying capacity.

The Middle East & Africa Contact Adhesives Market Trends:

• In January 2017, H.B. Fuller Company has announced that it has purchased the industrial adhesives business of Wisdom Worldwide Adhesives company.

The Middle East & Africa Contact Adhesives Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major market players, such as

• 3M Company
• Arkema Group (Bostik Sa)
• Ashland Inc.
• B. Fuller Company
• Huntsman International Llc

Along with these companies, there were many other companies considered/cited in the report while analysing the Middle East & Africa contact adhesives market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.