Market revenue in 2022 | USD 117.3 million |
Market revenue in 2030 | USD 160.7 million |
Growth rate | 4% (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, Reactive & Others |
Key market players worldwide | DuPont de Nemours Inc, H.B. Fuller Co, Henkel AG & Co KGaA, Arkema SA, 3M Co, Sika AG, Ashland Inc, Akzo Nobel NV, Jubilant Industries, Pidilite Industries Limited, Franklin International |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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 wood adhesives market will help companies and investors design strategic landscapes.
Reactive & others was the largest segment with a revenue share of 38.02% in 2022. Horizon Databook has segmented the Middle East & Africa wood adhesives market based on water based, solvent based, reactive & others covering the revenue growth of each sub-segment from 2018 to 2030.
The construction industry in the Middle East and Africa region is expected to experience significant growth, primarily due to increased government engagement and investments in sectors such as education, healthcare, and infrastructure. These initiatives are aimed at diversifying the region's economy and reducing reliance on traditional oil activities, thereby supporting overall economic growth.
Furthermore, the Saudi Arabian government has implemented the White Land Tax initiative to address the country's housing shortage, which is anticipated to boost the adhesives industry. Rapid urbanization, population growth, and positive economic developments in countries like the UAE, Qatar, and Bahrain are also expected to contribute to the strong demand for adhesive products within the rapidly developing construction market.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa wood adhesives market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa wood adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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