Nigeria Water Based Adhesive Market (2025-2031) | Growth, Size & Revenue, Outlook, Industry, Trends, Competitive Landscape, Value, Companies, Segmentation, Analysis, Share, Forecast
Market Forecast By Type (Natural, Synthetic), By Application (Packaging, Automotive, Electrical & Electronics, Construction, Furniture, Other) And Competitive Landscape
| Product Code: ETC8638237 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Nigeria Water Based Adhesive Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Nigeria experienced a shift in water-based adhesive import dynamics, with top exporters being China, India, Germany, South Africa, and South Korea. The market concentration, as measured by the HHI index, escalated from moderate to high in just one year. The industry saw a significant decline in compound annual growth rate (CAGR) at -24.59%, with a further decrease in growth rate from 2023 to 2024 at -24.13%. These trends suggest a challenging landscape for water-based adhesive imports in Nigeria, warranting a closer examination of market strategies and dynamics.
Key Highlights of the Report:
- Nigeria Water Based Adhesive Market Outlook
- Market Size of Nigeria Water Based Adhesive Market, 2024
- Forecast of Nigeria Water Based Adhesive Market, 2031
- Historical Data and Forecast of Nigeria Water Based Adhesive Revenues & Volume for the Period 2021- 2031
- Nigeria Water Based Adhesive Market Trend Evolution
- Nigeria Water Based Adhesive Market Drivers and Challenges
- Nigeria Water Based Adhesive Price Trends
- Nigeria Water Based Adhesive Porter's Five Forces
- Nigeria Water Based Adhesive Industry Life Cycle
- Historical Data and Forecast of Nigeria Water Based Adhesive Market Revenues & Volume By Type for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Water Based Adhesive Market Revenues & Volume By Natural for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Water Based Adhesive Market Revenues & Volume By Synthetic for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Water Based Adhesive Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Water Based Adhesive Market Revenues & Volume By Packaging for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Water Based Adhesive Market Revenues & Volume By Automotive for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Water Based Adhesive Market Revenues & Volume By Electrical & Electronics for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Water Based Adhesive Market Revenues & Volume By Construction for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Water Based Adhesive Market Revenues & Volume By Furniture for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Water Based Adhesive Market Revenues & Volume By Other for the Period 2021- 2031
- Nigeria Water Based Adhesive Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- Nigeria Water Based Adhesive Top Companies Market Share
- Nigeria Water Based Adhesive Competitive Benchmarking By Technical and Operational Parameters
- Nigeria Water Based Adhesive Company Profiles
- Nigeria Water Based Adhesive Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Nigeria Water Based Adhesive Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Nigeria Water Based Adhesive Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Water Based Adhesive Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Water Based Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Water Based Adhesive Market - Industry Life Cycle |
3.4 Nigeria Water Based Adhesive Market - Porter's Five Forces |
3.5 Nigeria Water Based Adhesive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Water Based Adhesive Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Water Based Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable adhesive solutions in Nigeria |
4.2.2 Growth in construction and automotive industries driving the need for water-based adhesives |
4.2.3 Government initiatives promoting the use of water-based adhesives for environmental reasons |
4.3 Market Restraints |
4.3.1 Lack of awareness and education about the benefits of water-based adhesives among consumers and businesses |
4.3.2 Price sensitivity of consumers compared to traditional adhesive options |
4.3.3 Limited availability of advanced technology and infrastructure for manufacturing water-based adhesives in Nigeria |
5 Nigeria Water Based Adhesive Market Trends |
6 Nigeria Water Based Adhesive Market, By Types |
6.1 Nigeria Water Based Adhesive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Water Based Adhesive Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Water Based Adhesive Market Revenues & Volume, By Natural, 2021- 2031F |
6.1.4 Nigeria Water Based Adhesive Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.2 Nigeria Water Based Adhesive Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Water Based Adhesive Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.3 Nigeria Water Based Adhesive Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Nigeria Water Based Adhesive Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.2.5 Nigeria Water Based Adhesive Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.6 Nigeria Water Based Adhesive Market Revenues & Volume, By Furniture, 2021- 2031F |
6.2.7 Nigeria Water Based Adhesive Market Revenues & Volume, By Other, 2021- 2031F |
7 Nigeria Water Based Adhesive Market Import-Export Trade Statistics |
7.1 Nigeria Water Based Adhesive Market Export to Major Countries |
7.2 Nigeria Water Based Adhesive Market Imports from Major Countries |
8 Nigeria Water Based Adhesive Market Key Performance Indicators |
8.1 Percentage increase in the adoption of water-based adhesives in key industries |
8.2 Number of new product launches and innovations in the water-based adhesive market |
8.3 Investment in research and development for improving the quality and performance of water-based adhesives in Nigeria |
9 Nigeria Water Based Adhesive Market - Opportunity Assessment |
9.1 Nigeria Water Based Adhesive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Water Based Adhesive Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Water Based Adhesive Market - Competitive Landscape |
10.1 Nigeria Water Based Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Water Based Adhesive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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