Saudi Arabia Construction Sealants & Adhesives Market Surpasses USD 16.3 billion in 2022, Propelling Towards 5.1% CA

How big is the Saudi Arabia Construction Sealants & Adhesives market?

According to MarkNtel Advisors study, The Saudi Arabia Construction Sealants & Adhesives Market size was valued at around USD 16.3 billion in 2022 and is estimated to grow at a CAGR of about 5.1% during the forecast period, i.e., 2023-28.

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Saudi Arabia Construction Sealants & Adhesives Market Driver:

Exponential Increase in the Demand for Energy-efficient Buildings – The Saudi Arabian government has taken a strong stance on decreasing energy usage, and they have an effective plan in place. One vital aspect of this plan is promoting the construction of energy-efficient buildings. To achieve this, the use of sealants & adhesives is rapidly rising since they are envisioned to play a significant role in enhancing building energy efficiency, thus driving market growth.

Moreover, by sealing leaks & preventing air infiltration, these materials contribute to lower heating & cooling expenses for buildings, which would further support the Saudi Arabia Construction Sealants & Adhesives Market growth in the future years as well.

Leading Companies in the Saudi Arabia Construction Sealants & Adhesives market:

BASF S.E.
Dow Chemicals
DuPont
Fafa Adhesive & Labeling Company
3M Company
Nordson Corporation
Polywed Construction Chemicals
Sika AG
Saveto
SAAF Technology Co. Ltd.
Others

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Saudi Arabia Construction Sealants & Adhesives Market Segmentation:

By Sealants Type

Silicone
Polyurethane
Emulsion
Polysulfide

Silicone holds the plurality of the Saudi Arabia Construction Sealants & Adhesives Market Share since these are resin-based sealants that are widely applied for both interior & exterior purposes.

By Adhesive Technology

Water-based
Acrylic
Polyvinyl Acetate (PVA) Emulsion
Ethylene Vinyl Acetate (EVA) Emulsion
Polyurethane Dispersion and CR (Chloroprene Rubber) Latex
Solvent-based
Chloroprene Rubber
Styrene Butadiene Rubber (SBR)
Poly Acrylate (PA)
Hot-melt
Ethylene Vinyl Acetate
Styrenic Block Copolymers
Thermoplastic Polyurethane
Reactive
Polyurethane
Epoxy
Modified Acrylic
Anaerobic
Silicone

By Application

Bonding
Protection
Insulation
Cable Management
Sound Proofing
Others (Glazing, Flooring & Joining, Sanitary & Kitchen, etc.)

By End Users

Residential
Commercial
Industrial

Regional/ Countries Insight:

West
East
Central
South

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About MarkNtel Advisors:

MarkNtel Advisors is a leading consulting, data analytics, and market research company that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.