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Saudi Arabia Adhesives Market Size

The Saudi Arabia Adhesives Market is poised for growth, driven by significant demand across various sectors such as building and construction, packaging, and healthcare. Despite limited local production capacity, the market relies on imports to meet this demand, with acrylic, epoxy, and EVA being the predominant resins used. The country's robust plastics and packaging industries, supported by a large consumer base and diverse industrial operations, are expected to create substantial opportunities for market expansion. Additionally, new regulations promoting environmentally friendly materials are anticipated to further boost market demand.

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Market Size of saudi arabia adhesives Industry

Saudi Arabia Adhesives Market Summary
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svg icon Study Period 2017 - 2028
svg icon Market Size (2024) USD 709.55 Million
svg icon Market Size (2028) USD 886.26 Million
svg icon Largest Share by End User Industry Packaging
svg icon CAGR (2024 - 2028) 5.72 %
svg icon Fastest Growing by End User Industry Aerospace
svg icon Market Concentration Low

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Saudi Arabia Adhesives Market Analysis

The Saudi Arabia Adhesives Market size is estimated at 709.55 million USD in 2024, and is expected to reach 886.26 million USD by 2028, growing at a CAGR of 5.72% during the forecast period (2024-2028).

709.55 Million

Market Size in 2024 (USD)

886.26 Million

Market Size in 2028 (USD)

5.51 %

CAGR (2017-2023)

5.72 %

CAGR (2024-2028)

Largest Market by End-user Industry

48.98 %

value share, Packaging, 2023

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The packaging end-user industry holds the largest market share owing to its widespread applications, including labels, tapes, carton sealing, and joining.

Fastest Growing Market by End-user Industry

6.66 %

Projected CAGR, Aerospace, 2024-2028

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The aerospace industry is likely to register the fastest growth in the market owing to the rapid expansion of general and civil aviation in the domestic market.

Largest Market by Technology

53.40 %

value share, Water-borne, 2023

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Water-borne technology, an environmentally friendly and economically viable solution, holds a major share in the market due to its well-recognized usage in food packaging applications through emulsion and dispersion systems.

Largest Market by Resin

28.75 %

value share, Acrylic, 2023

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Acrylic-based adhesives hold a major market share owing to their pressure-sensitive applications in packaging, construction, and healthcare end-user industries.

Leading Market Player

19.04 %

market share, Henkel AG & Co. KGaA, 2021

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Henkel is the leading adhesives manufacturer in South Africa due to the popularity of its products in widespread industries, including building and construction, automotive, aerospace, and woodworking.

Growing usage for environmentally friendly biodegradable plastics in packaging to raise the demand for adhesives

  • Saudi Arabia is one of the countries generating the highest demand for adhesives in the Middle East and Africa. Saudi Arabia maintained a 14-16% market share from 2017 to 2021. Due to limited adhesive production capacity, imports are used to meet local demand. Acrylic, epoxy, and EVA are the most commonly used resins in Saudi Arabia. The building and construction, packaging, and healthcare industries account for most of the country's adhesive demand.
  • From 2017 to 2019, the demand for adhesives has grown significantly. This growth in the demand for adhesives is driven by the packaging, automotive, woodworking, and joinery end-user industries. In 2019 alone, the automotive industry registered a y-o-y growth rate of 29%.
  • Saudi Arabia is one of the Middle East's largest markets for the plastics and packaging industries. The country has a large consumer base and diverse industrial operations. There are 964 food and beverage manufacturing facilities, 196 textile and apparel manufacturing facilities, and 45 pharmaceutical manufacturing facilities, according to the Saudi Industrial Development Fund (SIDF). These firms are fueling substantial growth in plastic packaging demand, which is predicted to increase by more than USD 3 billion over the next five years to more than USD 12 billion, creating large-scale market opportunities for technology and solution suppliers.
  • According to the new rules implemented by SASO, the Saudi organization in charge of standards, measurement, and quality, plastic products must now be made of approved oxo-biodegradable material. As a result, demand for environmentally friendly biodegradable plastics is expected to increase in the packaging industry. These factors are expected to positively impact demand for the market over the forecast period.
Saudi Arabia Adhesives Market

Saudi Arabia Adhesives Industry Segmentation Saudi Arabia Adhesives Industry Segmentation

Aerospace, Automotive, Building and Construction, Footwear and Leather, Healthcare, Packaging, Woodworking and Joinery are covered as segments by End User Industry. Hot Melt, Reactive, Solvent-borne, UV Cured Adhesives, Water-borne are covered as segments by Technology. Acrylic, Cyanoacrylate, Epoxy, Polyurethane, Silicone, VAE/EVA are covered as segments by Resin.

  • Saudi Arabia is one of the countries generating the highest demand for adhesives in the Middle East and Africa. Saudi Arabia maintained a 14-16% market share from 2017 to 2021. Due to limited adhesive production capacity, imports are used to meet local demand. Acrylic, epoxy, and EVA are the most commonly used resins in Saudi Arabia. The building and construction, packaging, and healthcare industries account for most of the country's adhesive demand.
  • From 2017 to 2019, the demand for adhesives has grown significantly. This growth in the demand for adhesives is driven by the packaging, automotive, woodworking, and joinery end-user industries. In 2019 alone, the automotive industry registered a y-o-y growth rate of 29%.
  • Saudi Arabia is one of the Middle East's largest markets for the plastics and packaging industries. The country has a large consumer base and diverse industrial operations. There are 964 food and beverage manufacturing facilities, 196 textile and apparel manufacturing facilities, and 45 pharmaceutical manufacturing facilities, according to the Saudi Industrial Development Fund (SIDF). These firms are fueling substantial growth in plastic packaging demand, which is predicted to increase by more than USD 3 billion over the next five years to more than USD 12 billion, creating large-scale market opportunities for technology and solution suppliers.
  • According to the new rules implemented by SASO, the Saudi organization in charge of standards, measurement, and quality, plastic products must now be made of approved oxo-biodegradable material. As a result, demand for environmentally friendly biodegradable plastics is expected to increase in the packaging industry. These factors are expected to positively impact demand for the market over the forecast period.
End User Industry
Aerospace
Automotive
Building and Construction
Footwear and Leather
Healthcare
Packaging
Woodworking and Joinery
Other End-user Industries
Technology
Hot Melt
Reactive
Solvent-borne
UV Cured Adhesives
Water-borne
Resin
Acrylic
Cyanoacrylate
Epoxy
Polyurethane
Silicone
VAE/EVA
Other Resins
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Saudi Arabia Adhesives Market Size Summary

The Saudi Arabia adhesives market is experiencing significant growth, driven by its robust demand across various sectors such as building and construction, packaging, and healthcare. The country stands as a leading consumer of adhesives in the Middle East and Africa, with a substantial portion of its demand met through imports due to limited local production capacity. The market is characterized by the use of acrylic, epoxy, and EVA resins, which are prevalent in industries like packaging, automotive, woodworking, and joinery. The packaging sector, in particular, is poised for expansion, fueled by the country's large consumer base and diverse industrial activities, including numerous food, beverage, textile, apparel, and pharmaceutical manufacturing facilities. The introduction of environmentally friendly packaging standards by SASO is expected to further boost the demand for biodegradable plastics, aligning with the growing consumer preference for sustainable packaging solutions.

The automotive industry in Saudi Arabia, although predominantly import-based, is witnessing efforts to enhance local production and reduce reliance on oil revenues. This shift is supported by initiatives to increase the non-oil economy and the establishment of automotive production units, which are expected to drive demand for adhesives in automotive applications. The market is fragmented, with major players like Arkema Group, Dow, H.B. Fuller Company, Henkel AG & Co. KGaA, and The Industrial Group Ltd. holding significant shares. Recent developments in the market include the launch of new adhesive products with advanced properties and strategic distribution agreements to enhance market reach across the Middle East and Africa. These factors, combined with the recovery from pandemic-related disruptions, are anticipated to sustain the growth trajectory of the Saudi Arabia adhesives market over the forecast period.

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Saudi Arabia Adhesives Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)

    1. 1.1 End User Industry

      1. 1.1.1 Aerospace

      2. 1.1.2 Automotive

      3. 1.1.3 Building and Construction

      4. 1.1.4 Footwear and Leather

      5. 1.1.5 Healthcare

      6. 1.1.6 Packaging

      7. 1.1.7 Woodworking and Joinery

      8. 1.1.8 Other End-user Industries

    2. 1.2 Technology

      1. 1.2.1 Hot Melt

      2. 1.2.2 Reactive

      3. 1.2.3 Solvent-borne

      4. 1.2.4 UV Cured Adhesives

      5. 1.2.5 Water-borne

    3. 1.3 Resin

      1. 1.3.1 Acrylic

      2. 1.3.2 Cyanoacrylate

      3. 1.3.3 Epoxy

      4. 1.3.4 Polyurethane

      5. 1.3.5 Silicone

      6. 1.3.6 VAE/EVA

      7. 1.3.7 Other Resins

Saudi Arabia Adhesives Market Size FAQs

The Saudi Arabia Adhesives Market size is expected to reach USD 709.55 million in 2024 and grow at a CAGR of 5.72% to reach USD 886.26 million by 2028.

In 2024, the Saudi Arabia Adhesives Market size is expected to reach USD 709.55 million.

Saudi Arabia Adhesives Market Report Snapshots

Saudi Arabia Adhesives Market Size & Share Analysis - Growth Trends & Forecasts UP TO 2028