MEA Adhesives And Sealants Market Size (2024 - 2029)

MEA Adhesives and Sealants Market Analysis

The MEA Adhesives And Sealants Market size is estimated at USD 4.83 billion in 2024, and is expected to reach USD 6.45 billion by 2029, growing at a CAGR of 5.96% during the forecast period (2024-2029).

The COVID-19 pandemic disrupted the raw materials supply chain network, negatively affecting the adhesives and sealants market. Post-pandemic, the rising demand for construction, healthcare, and packaging industries is excepted to revive the market for adhesives and sealants.

• Over the short term, the demand for adhesives and sealants is extensively driven by the growing demand from the construction industry, increasing healthcare infrastructure, and growing usage in the packaging industry.
• However, the market growth is likely to be hindered by the rising environmental concerns regarding the usage of chemicals.
• The innovation and development of bio-based adhesives and shifting focus toward adhesive bonding for composite materials will likely offer opportunities for the adhesives and sealants market in the region.
• Saudi Arabia is the region's largest market for adhesives and sealants, where the end-user industries, such as construction, healthcare, and packaging, majorly drive consumption.

MEA Adhesives and Sealants Industry Segmentation

Adhesives are made from a combination of resins, additives, and solvents. Adhesives are substances that bond different substrates and provide high sheer strength, withstand severe peel forces, and provide superior chemical resistance. Sealants are substances primarily used to block or seal the gap between two surfaces. It provides excellent flexibility, corrosion resistance, and strength.

The market is segmented by resin type, technology, end-user industry, and geography. By Adhesive resin type, the market is segmented into acrylic, cyanoacrylate, epoxy, polyurethane, silicone, VAE/EVA, and other resins. As per adhesives by technology, the market is segmented into hot melt, reactive, solvent-borne, UV-cured, and waterborne. By sealant resin type, the market is segmented into polyurethane, epoxy, acrylic, silicone, and other resin types. By end-user industry, the market is divided into aerospace, automotive, building and construction, footwear and leather, healthcare, packaging, woodworking and joinery, and other end-user industries. By geography, the market is distributed among countries Saudi Arabia, South Africa, and the rest of the Middle East and Africa. The report offers market size and forecasts for revenue (USD) for all the above segments.