Middle East & Africa Automotive Adhesives Market Size & Outlook
Middle East & Africa automotive adhesives market, 2018-2030 (US$M)
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MEA automotive adhesives market highlights
- The MEA automotive adhesives market generated a revenue of USD 195.3 million in 2022.
- The market is expected to grow at a CAGR of 10.2% from 2023 to 2030.
- In terms of segment, reactive & others was the largest revenue generating technology in 2022.
- Water Based is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 195.3 million |
| Market revenue in 2030 | USD 423.5 million |
| Growth rate | 10.2% (CAGR from 2022 to 2030) |
| Largest segment | Reactive & others |
| Fastest growing segment | Water Based |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water Based, Solvent Based, Hot Melt, Reactive & Others |
| Key market players worldwide | Henkel AG & Co KGaA, H.B. Fuller Co, Sika AG, Dow Inc, Arkema SA, 3M Co |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.5% of the global automotive adhesives market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 423.5 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Automotive Adhesives Market Scope
Automotive Adhesives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa automotive adhesives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive adhesives market will help companies and investors design strategic landscapes.
Reactive & others was the largest segment with a revenue share of 70.1% in 2022. Horizon Databook has segmented the Middle East & Africa automotive adhesives market based on water based, solvent based, hot melt, reactive & others covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa is a rapidly developing region with high GDP per capita and increasing consumer purchasing power, which has facilitated the global automotive manufacturers to expand their local manufacturing capabilities in this region.
In addition, the region has witnessed a high demand for SUVs due to large family sizes and rugged terrains. Manufacturers have also been developing fuel efficient cars on account of rising demand, which is anticipated to positively influence the growth of automotive adhesives market over the coming years.
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Target buyers of Middle East & Africa automotive adhesives market databook
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Our clientele includes a mix of automotive adhesives market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa automotive adhesives market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa automotive adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Automotive Adhesives Market Outlook Share, 2022 & 2030 (US$M)
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