Market Size of Middle-East and Africa Pressure Sensitive Adhesives (PSA) Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 4.00 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
MEA Pressure Sensitive Adhesives PSA Market Analysis
The Middle-East and Africa Pressure Sensitive Adhesives market is expected to grow at with a CAGR greater than 4% during the forecast period. One of the major factors driving the market is the growing demand from building & construction sector. However, stringent regulations regarding VOC emissions from adhesives is hindering the growth of the market studied.
- Growing adoption of bio-based PSAs is expected to provide a major growth opportunity for the market studied.
- Among the resin types, acrylic resin PSAs are expected to dominate the market studied during the forecast period.
- Among the application areas, packaging Industry is expected to dominate the market studied during the forecast period.
MEA Pressure Sensitive Adhesives PSA Industry Segmentation
The Middle-East and Africa Pressure Sensitive Adhesives (PSA) market report includes:
Resin | |
Acrylics | |
Silicones | |
Elastomers | |
Other Resins |
Technology | |
Water-based | |
Solvent-based | |
Hot Melt | |
Radiation |
Application | |
Tapes | |
Labels | |
Graphics | |
Other Applications |
End-user Industry | |
Packaging | |
Woodworking and Joinery | |
Medical | |
Commercial Graphics | |
Transportation | |
Electronics | |
Other End-user Industries |
Geography | |
Saudi Arabia | |
South Africa | |
Qatar | |
Rest of Middle-East and Africa |
Middle-East and Africa Pressure Sensitive Adhesives (PSA) Market Size Summary
The Middle-East and Africa Pressure Sensitive Adhesives (PSA) market is poised for significant growth, driven primarily by the increasing demand from the building and construction sector. Despite the challenges posed by stringent regulations on VOC emissions, the market is expected to benefit from the rising adoption of bio-based PSAs, which present substantial growth opportunities. Acrylic resin PSAs are anticipated to lead the market, particularly in the packaging industry, which is projected to dominate the market landscape. The advantages of PSAs in packaging, such as their ability to make products shelf-ready without the need for heat, their safety benefits, and their minimal impact on packaging graphics, contribute to their growing popularity. These features enhance processing speed and preserve brand image, making PSAs an attractive choice for the expanding packaging industry in the region.
Acrylic co-polymers, known for their viscoelastic performance, are widely used in manufacturing PSAs and are gaining traction in high-performance applications across various sectors, including aerospace and marine. The solvent-borne thermoplastic acrylic resin's good substrate adhesion further supports its application in UV coating and metallic base coats. The market is moderately consolidated, with key players like 3M, Arkema Group, Jowat SE, Sika AG, and Avery Dennison Corporation holding significant shares. These companies are instrumental in shaping the competitive landscape, leveraging their expertise to meet the evolving demands of the Middle-East and Africa PSA market.
Middle-East and Africa Pressure Sensitive Adhesives (PSA) Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Demand from Construction Industry
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1.1.2 Other Drivers
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1.2 Restraints
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1.2.1 Stringent Environmental Regulations Regarding VOC Emissions
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1.2.2 Other Restraints
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1.3 Industry Value-chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Resin
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2.1.1 Acrylics
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2.1.2 Silicones
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2.1.3 Elastomers
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2.1.4 Other Resins
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2.2 Technology
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2.2.1 Water-based
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2.2.2 Solvent-based
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2.2.3 Hot Melt
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2.2.4 Radiation
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2.3 Application
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2.3.1 Tapes
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2.3.2 Labels
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2.3.3 Graphics
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2.3.4 Other Applications
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2.4 End-user Industry
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2.4.1 Packaging
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2.4.2 Woodworking and Joinery
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2.4.3 Medical
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2.4.4 Commercial Graphics
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2.4.5 Transportation
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2.4.6 Electronics
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2.4.7 Other End-user Industries
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2.5 Geography
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2.5.1 Saudi Arabia
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2.5.2 South Africa
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2.5.3 Qatar
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2.5.4 Rest of Middle-East and Africa
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Middle-East and Africa Pressure Sensitive Adhesives (PSA) Market Size FAQs
What is the current Middle-East and Africa Pressure Sensitive Adhesives (PSA) Market size?
The Middle-East and Africa Pressure Sensitive Adhesives (PSA) Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Middle-East and Africa Pressure Sensitive Adhesives (PSA) Market?
3M, Jowat SE , Sika AG , Arkema Group and Avery Dennison Corporation are the major companies operating in the Middle-East and Africa Pressure Sensitive Adhesives (PSA) Market.