| Product Code: ETC8633007 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a slight decline in growth rate from 2023 to 2024, the Nigerian market for polyurethane adhesive in electronics imports continues to show promising long-term potential with a strong compound annual growth rate (CAGR) of 10.37% from 2020 to 2024. Top exporting countries to Nigeria in 2024 include China, Thailand, USA, Turkey, and Portugal, indicating a diverse supply chain. However, the high Herfindahl-Hirschman Index (HHI) concentration suggests a competitive market landscape dominated by a few key players. Overall, opportunities for market expansion and competition are evident in this sector.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Polyurethane Adhesive in Electronics Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Polyurethane Adhesive in Electronics Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Polyurethane Adhesive in Electronics Market - Industry Life Cycle |
3.4 Nigeria Polyurethane Adhesive in Electronics Market - Porter's Five Forces |
3.5 Nigeria Polyurethane Adhesive in Electronics Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Polyurethane Adhesive in Electronics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Polyurethane Adhesive in Electronics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electronic devices in Nigeria |
4.2.2 Growth of the electronics manufacturing industry in Nigeria |
4.2.3 Rising awareness about the benefits of using polyurethane adhesives in electronics |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in polyurethane adhesive production |
4.3.2 Regulatory challenges related to the use of certain chemicals in adhesive formulations |
4.3.3 Competition from alternative adhesive technologies in the electronics market |
5 Nigeria Polyurethane Adhesive in Electronics Market Trends |
6 Nigeria Polyurethane Adhesive in Electronics Market, By Types |
6.1 Nigeria Polyurethane Adhesive in Electronics Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Polyurethane Adhesive in Electronics Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Nigeria Polyurethane Adhesive in Electronics Market Revenues & Volume, By Electrically Conductive Adhesive, 2021- 2031F |
6.1.4 Nigeria Polyurethane Adhesive in Electronics Market Revenues & Volume, By Thermally Conductive Adhesive, 2021- 2031F |
6.1.5 Nigeria Polyurethane Adhesive in Electronics Market Revenues & Volume, By UV Curing Adhesive, 2021- 2031F |
6.1.6 Nigeria Polyurethane Adhesive in Electronics Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Polyurethane Adhesive in Electronics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Polyurethane Adhesive in Electronics Market Revenues & Volume, By Surface Mounting, 2021- 2031F |
6.2.3 Nigeria Polyurethane Adhesive in Electronics Market Revenues & Volume, By Conformal Coatings, 2021- 2031F |
6.2.4 Nigeria Polyurethane Adhesive in Electronics Market Revenues & Volume, By Wire Tacking, 2021- 2031F |
6.2.5 Nigeria Polyurethane Adhesive in Electronics Market Revenues & Volume, By Potting, 2021- 2031F |
6.2.6 Nigeria Polyurethane Adhesive in Electronics Market Revenues & Volume, By Encapsulation, 2021- 2031F |
7 Nigeria Polyurethane Adhesive in Electronics Market Import-Export Trade Statistics |
7.1 Nigeria Polyurethane Adhesive in Electronics Market Export to Major Countries |
7.2 Nigeria Polyurethane Adhesive in Electronics Market Imports from Major Countries |
8 Nigeria Polyurethane Adhesive in Electronics Market Key Performance Indicators |
8.1 Number of new electronic device launches in Nigeria |
8.2 Adoption rate of polyurethane adhesives by electronics manufacturers in Nigeria |
8.3 Number of research and development projects focused on improving polyurethane adhesive properties for electronics applications |
9 Nigeria Polyurethane Adhesive in Electronics Market - Opportunity Assessment |
9.1 Nigeria Polyurethane Adhesive in Electronics Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Polyurethane Adhesive in Electronics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Polyurethane Adhesive in Electronics Market - Competitive Landscape |
10.1 Nigeria Polyurethane Adhesive in Electronics Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Polyurethane Adhesive in Electronics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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