Saudi Arabia Automotive Adhesives Market Size & Outlook
Saudi Arabia automotive adhesives market, 2018-2030 (US$M)
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Saudi Arabia automotive adhesives market highlights
- The Saudi Arabia automotive adhesives market generated a revenue of USD 11.9 million in 2022 and is expected to reach USD 26.5 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 10.5% 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.
Automotive adhesives market data book summary
| Market revenue in 2022 | USD 11.9 million |
| Market revenue in 2030 | USD 26.5 million |
| Growth rate | 10.5% (CAGR from 2022 to 2030) |
| Largest segment | Reactive & others |
| Fastest growing segment | Water Based |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Saudi Arabia accounted for 0.2% of the global automotive adhesives market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa automotive adhesives market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 115.6 million by 2030.
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Automotive Adhesives Market Scope
Automotive Adhesives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 70.59% in 2022. Horizon Databook has segmented the Saudi Arabia 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.
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Target buyers of Saudi Arabia 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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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia automotive adhesives market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia automotive adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia automotive adhesives market size, by technology, 2018-2030 (US$M)
Saudi Arabia Automotive Adhesives Market Outlook Share, 2022 & 2030 (US$M)
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