Adhesives & Sealants in Saudi Arabia

Adhesives & Sealants in Saudi Arabia

Summary

Adhesives & Sealants in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• Adhesives are compounds that can bind together different materials and surfaces. They are widely available and categorized based on their appearance, adhesion, strength, and chemical structure. Sealants are substances used to seal passages to protect them from air or water.
• The Saudi Arabian adhesives & sealants market recorded revenues of $385.9 million in 2023, representing a compound annual growth rate (CAGR) of 0.7% between 2018 and 2023.
• Market consumption volume increased with a CAGR of 0.4% between 2018 and 2023, reaching a total of 152.8 kilotons in 2023.
• The adhesives & sealants market is driven by robust growth in construction and infrastructure projects, especially in emerging economies. Adhesives and sealants are vital in construction and infrastructure, ensuring the structural integrity, waterproofing, and durability of buildings and projects. For instance, according to GlobalData, the Saudi Arabian construction market stood at $145.1 billion in 2023, an increase of 8.5% from the previous year.

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the adhesives & sealants market in Saudi Arabia
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the adhesives & sealants market in Saudi Arabia
• Leading company profiles reveal details of key adhesives & sealants market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia adhesives & sealants market with five year forecasts by both value and volume

• What was the size of the Saudi Arabia adhesives & sealants market by value in 2023?
• What will be the size of the Saudi Arabia adhesives & sealants market in 2028?
• What factors are affecting the strength of competition in the Saudi Arabia adhesives & sealants market?
• How has the market performed over the last five years?
• Who are the top competitors in Saudi Arabia's adhesives & sealants market?