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South Africa Adhesives Market Size

The South Africa Adhesives Market is projected to experience growth over the forecast period, driven by demand from key sectors such as building and construction, packaging, and healthcare. The market's expansion is supported by government policies that encourage investment in the automotive sector, enhancing local production capacity. The packaging industry, in particular, shows significant consumption of adhesives, especially waterborne types due to their cost-effectiveness and strong bonding properties. Efforts to boost domestic production are underway, with increased investment from international entities, further contributing to the market's growth trajectory.

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Market Size of south africa adhesives Industry

South Africa Adhesives Market Summary
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svg icon Study Period 2017 - 2028
svg icon Market Size (2024) USD 442.17 Million
svg icon Market Size (2028) USD 552.91 Million
svg icon Largest Share by End User Industry Packaging
svg icon CAGR (2024 - 2028) 5.75 %
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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South Africa Adhesives Market Analysis

The South Africa Adhesives Market size is estimated at 442.17 million USD in 2024, and is expected to reach 552.91 million USD by 2028, growing at a CAGR of 5.75% during the forecast period (2024-2028).

442.17 Million

Market Size in 2024 (USD)

552.91 Million

Market Size in 2028 (USD)

4.73 %

CAGR (2017-2023)

5.75 %

CAGR (2024-2028)

Largest Market by End-user Industry

51.67 %

value share, Packaging, 2023

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The packaging industry has registered to hold the largest share in the South African adhesives market owing to its widespread applications, including labels, tapes, carton sealing and joining, and labeling.

Fastest Growing Market by End-user Industry

8.32 %

Projected CAGR, Aerospace, 2024-2028

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The aerospace industry has registered as the fastest end-user segment in the South African adhesives market owing to the rapid expansion of general aviation and civil aviation in the domestic market.

Largest Market by Technology

35.14 %

value share, Water-borne, 2023

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

Largest Market by Resin

21.61 %

value share, Acrylic, 2023

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Polyurethane adhesives hold the largest share owing to their wide applications in building construction, woodworking, and automotive industries, specifically for exterior applications.

Leading Market Player

9.81 %

market share, Henkel AG & Co. KGaA, 2021

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Henkel has been witnessed as the leading adhesives manufacturer in South Africa. This can be attributed to the popularity of its products in widespread industries, including building and construction, automotive, aerospace, woodworking, and others.

Increasing investments in South Africa from foreign companies to boost the demand for adhesives

  • South Africa is one of the top individual demand generators in Africa. From 2017 to 2021, South Africa maintained a 14 to 16% share. Acrylic, epoxy, and EVA are the most often used resins in South Africa. The building and construction, packaging, and healthcare industries account for the majority of the country's adhesive demand.
  • The demand for adhesives increased dramatically between 2017 and 2019. The automotive and construction end-user sectors are driving the increase in the demand for adhesives, mostly as a result of policy assistance from the government. For example, the introduction of the Automotive Manufacturing Development Program (APDP) in 2013 enhanced long-term automotive investments in the nation, which expanded local production capacity during this forecasting time.
  • Adhesives are majorly consumed in the packaging industry in the country owing to their importance in bonding plastics, metals, and paper and cardboard packaging applications. Waterborne adhesives are highly consumed in the industry because of their cheaper cost and high bonding strength, which is required in these applications. It is seen that nearly 30 thousand tons of water-borne adhesives were consumed in the packaging industry of the country in 2021.
  • Furthermore, African nations are making significant attempts to improve domestic production with the support of increased investment from Asian and European countries. As a result, established overseas firms, such as Lupin and Dr. Reddy's, are anticipated to increase their manufacturing capacity in the country. This factor is predicted to increase demand for healthcare packaging materials, such as blister packs, caps and closures, pouches, and IV bags.
South Africa Adhesives Market

South Africa 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.

  • South Africa is one of the top individual demand generators in Africa. From 2017 to 2021, South Africa maintained a 14 to 16% share. Acrylic, epoxy, and EVA are the most often used resins in South Africa. The building and construction, packaging, and healthcare industries account for the majority of the country's adhesive demand.
  • The demand for adhesives increased dramatically between 2017 and 2019. The automotive and construction end-user sectors are driving the increase in the demand for adhesives, mostly as a result of policy assistance from the government. For example, the introduction of the Automotive Manufacturing Development Program (APDP) in 2013 enhanced long-term automotive investments in the nation, which expanded local production capacity during this forecasting time.
  • Adhesives are majorly consumed in the packaging industry in the country owing to their importance in bonding plastics, metals, and paper and cardboard packaging applications. Waterborne adhesives are highly consumed in the industry because of their cheaper cost and high bonding strength, which is required in these applications. It is seen that nearly 30 thousand tons of water-borne adhesives were consumed in the packaging industry of the country in 2021.
  • Furthermore, African nations are making significant attempts to improve domestic production with the support of increased investment from Asian and European countries. As a result, established overseas firms, such as Lupin and Dr. Reddy's, are anticipated to increase their manufacturing capacity in the country. This factor is predicted to increase demand for healthcare packaging materials, such as blister packs, caps and closures, pouches, and IV bags.
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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South Africa Adhesives Market Size Summary

The South Africa adhesives market is poised for significant growth, driven by robust demand across various sectors such as building and construction, packaging, and healthcare. The market is characterized by the widespread use of acrylic, epoxy, and EVA resins, with the packaging industry being a major consumer due to the necessity of bonding materials like plastics, metals, and paper. The automotive and construction sectors are also pivotal in driving market expansion, supported by government initiatives like the Automotive Manufacturing Development Program, which has bolstered local production capabilities. The increasing preference for waterborne adhesives, known for their cost-effectiveness and strong bonding properties, further underscores the dynamic nature of the market. Additionally, the rise in e-commerce and the growing emphasis on public health post-pandemic are expected to enhance packaging demand, thereby fueling the adhesives market.

The South African adhesives market is fragmented, with key players such as Arkema Group, AVERY DENNISON CORPORATION, H.B. Fuller Company, Henkel AG & Co. KGaA, and Permoseal (Pty) Ltd holding significant shares. Recent strategic moves, such as Arkema's acquisition of Permoseal, have strengthened their market presence. The automotive industry, a significant contributor to the economy, is undergoing a transformation with a shift towards electric vehicles, driven by environmental concerns and technological advancements. This transition is likely to impact the adhesives market, particularly in automotive applications. The market's growth trajectory is also supported by increased investments from Asian and European countries, aiming to enhance domestic production capabilities and meet the rising demand for innovative and sustainable packaging solutions.

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South Africa 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

South Africa Adhesives Market Size FAQs

The South Africa Adhesives Market size is expected to reach USD 442.17 million in 2024 and grow at a CAGR of 5.75% to reach USD 552.91 million by 2028.

In 2024, the South Africa Adhesives Market size is expected to reach USD 442.17 million.

South Africa Adhesives Market Report Snapshots

South Africa Adhesives Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028