Market Forecast By Types (Acrylic, Epoxy, Polyvinyl Acetate (PVA), Polyurethane (PU), Styrenic Block, Ethyl Vinyl Acetate (EVA), Silicone & Others), By Technology (Water-based, Solvent-based, Hot Melt, Pressure Sensitive, Reactive and Others) And Competitive Landscape
Product Code: ETC019859 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Adhesives Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 8.89% in 2025, the market peaks at 9.71% in 2027, and settles at 5.98% by 2029.
Saudi Arabia adhesives market is expected to register a CAGR of 5.6% during the forecast period (2025-2031). The Saudi Arabia petrochemical industry is one of the most important industries in the country, as it contributes significantly to GDP and provides numerous job opportunities. Adhesive products such as polyurethane, epoxy, vinyl acetate ethylene (VAE), acrylics and hot melt are widely used in several end-use applications including automotive components, footwear & leather goods, furniture & fixtures and packaging.
The rising demand for passenger cars along with increasing disposable income has resulted in an increase in production volume within the automotive sector leading to a surge in demand for adhesives within this sector. Additionally, stringent safety regulations have led to an increased use of advanced lightweight materials like carbon fiber reinforced plastics which require specialized adhesive solutions for their application thus driving growth further. Saudi Arabia has been witnessing significant investments from both domestic as well as foreign players resulting into a rise in construction activities specifically infrastructural projects such as airports and metro stations among others leading to enhanced usage of adhesives within this segment due to its ability to reduce labor costs while providing high strength joints without compromising on quality parameters like thermal stability or moisture resistance making them ideal building material choice across various segments like flooring tiles, electrical wiring etc.
Adhesives are largely derived from petroleum based feedstocks or petrochemicals owing to which they are highly sensitive towards fluctuations or price hikes pertaining raw material prices thus discouraging manufacturers from investing heavily on R&D activities necessary for developing new innovative products suitable for specific customer applications due cost cutting pressures imposed by fluctuating raw material prices , thereby restraining market growth.n order protect environment against hazardous impacts caused by volatile organic compounds produced by certain type of solvent based adhesive formulations , governments across countries have formulated stringent VOC emission standards acting hindrance towards adoption rate of these types of formulations particularly across certain regions where environmental regulations are strictly followed . This poses yet another challenge limiting manufacturers?? product portfolio expansion potential.
However COVID 19 pandemic have caused severe disruption on production activities along with decline in global economic conditions resulting into contraction of overall spending capacities worldwide hampering market growth prospects over short term period which may take some time before normalcy can be achieved again through different government initiatives being taken by respective countries around world.
The key players dominating the Saudi Arabia adhesives market are 3M Company, Henkel AG & Co., Sika AG , DowDuPont Inc., H B Fuller Company , Pidilite Industries Ltd., HB Chemical Corporation , Wuerth Group , Avery Dennison Corporation among other domestic players. Several strategies such as new product launches; mergers and acquisitions; collaborations; expansion of distribution networks etc are adopted by these companies to remain competitive in this market.
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 Saudi Arabia Adhesives Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Adhesives Market - Industry Life Cycle |
3.4 Saudi Arabia Adhesives Market - Porter's Five Forces |
3.5 Saudi Arabia Adhesives Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Saudi Arabia Adhesives Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Saudi Arabia Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from construction and automotive industries |
4.2.2 Growth in the manufacturing sector |
4.2.3 Technological advancements leading to new product development |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent regulations related to environmental impact |
4.3.3 Competition from substitute products |
5 Saudi Arabia Adhesives Market Trends |
6 Saudi Arabia Adhesives Market, By Types |
6.1 Saudi Arabia Adhesives Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Adhesives Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Saudi Arabia Adhesives Market Revenues & Volume, By Acrylic , 2021-2031F |
6.1.4 Saudi Arabia Adhesives Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.5 Saudi Arabia Adhesives Market Revenues & Volume, By Polyvinyl Acetate (PVA), 2021-2031F |
6.1.6 Saudi Arabia Adhesives Market Revenues & Volume, By Polyurethane (PU), 2021-2031F |
6.1.7 Saudi Arabia Adhesives Market Revenues & Volume, By Styrenic Block, 2021-2031F |
6.1.8 Saudi Arabia Adhesives Market Revenues & Volume, By Ethyl Vinyl Acetate (EVA), 2021-2031F |
6.2 Saudi Arabia Adhesives Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Adhesives Market Revenues & Volume, By Water-based, 2021-2031F |
6.2.3 Saudi Arabia Adhesives Market Revenues & Volume, By Solvent-based, 2021-2031F |
6.2.4 Saudi Arabia Adhesives Market Revenues & Volume, By Hot Melt, 2021-2031F |
6.2.5 Saudi Arabia Adhesives Market Revenues & Volume, By Pressure Sensitive, 2021-2031F |
6.2.6 Saudi Arabia Adhesives Market Revenues & Volume, By Reactive and Others, 2021-2031F |
7 Saudi Arabia Adhesives Market Import-Export Trade Statistics |
7.1 Saudi Arabia Adhesives Market Export to Major Countries |
7.2 Saudi Arabia Adhesives Market Imports from Major Countries |
8 Saudi Arabia Adhesives Market Key Performance Indicators |
8.1 Research and development investment in new adhesive technologies |
8.2 Number of patents filed for innovative adhesive products |
8.3 Percentage of revenue from new product launches |
8.4 Adoption rate of eco-friendly adhesives |
8.5 Number of strategic partnerships with key industries for market expansion |
9 Saudi Arabia Adhesives Market - Opportunity Assessment |
9.1 Saudi Arabia Adhesives Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Saudi Arabia Adhesives Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Saudi Arabia Adhesives Market - Competitive Landscape |
10.1 Saudi Arabia Adhesives Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |