Synthetic Segment to Dominate Middle East & Africa Industrial Wood Adhesives Market during 2020-2027.
According to a new market research study on “Middle East & Africa Industrial Wood Adhesives Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast - by Resin Type, Technology, and Country,” is expected to reach US$ 727.34 million by 2027 from US$ 564.85 million in 2020. The market is estimated to grow at a CAGR of 3.7% from 2020 to 2027. The report provides trends prevailing in the Middle East & Africa industrial wood adhesives market along with the drivers and restraints pertaining to the market growth. Heightening construction and infrastructural activities and advantages offered by wood adhesives are the major factors driving the growth of the Middle East & Africa industrial wood adhesives market. However, petroleum or crude oil price fluctuations may hinder the growth of Middle East & Africa industrial wood adhesives market.
In case of COVID-19, in Middle East & Africa, especially South America, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of industrial wood adhesives manufacturing activities. Downfall in other chemical and materials manufacturing sectors has subsequently impacted the demand for industrial wood adhesives during the early months of 2020. Moreover, decline in the overall construction and building materials manufacturing activities has led to discontinuation of industrial wood adhesives manufacturing projects, thereby reducing the demand for industrial wood adhesives. Similar trend was witnessed in other Middle East & Africa countries, i.e. UAE and Saudi Arabia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
The market for Middle East & Africa industrial wood adhesives is segmented into resin type, technology and country. Based on resin type, the market is segmented into natural and synthetic. In 2019, the synthetic segment held the largest share in Middle East & Africa industrial wood adhesives market. Based on technology, the Middle East & Africa industrial wood adhesives is bifurcated into solvent-based, water-based, solventless, and others. The water-based segment is expected to be the fastest growing segment over the forecast period. Furthermore, in this present scenario of COVID 19 pandemic, the Middle East & Africa industrial wood adhesives market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Middle East & African countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for industrial wood adhesives.
H.B.Fuller Company, Henkel AG & Company KGaA, Ashland, Arkema Group, Sika AG, Pidilite Industries Ltd. Dow Inc. 3M, and Akzo Nobel N.V are some of the leading companies in the Middle East & Africa industrial wood adhesives market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
In case of COVID-19, in Middle East & Africa, especially South America, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of industrial wood adhesives manufacturing activities. Downfall in other chemical and materials manufacturing sectors has subsequently impacted the demand for industrial wood adhesives during the early months of 2020. Moreover, decline in the overall construction and building materials manufacturing activities has led to discontinuation of industrial wood adhesives manufacturing projects, thereby reducing the demand for industrial wood adhesives. Similar trend was witnessed in other Middle East & Africa countries, i.e. UAE and Saudi Arabia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
The market for Middle East & Africa industrial wood adhesives is segmented into resin type, technology and country. Based on resin type, the market is segmented into natural and synthetic. In 2019, the synthetic segment held the largest share in Middle East & Africa industrial wood adhesives market. Based on technology, the Middle East & Africa industrial wood adhesives is bifurcated into solvent-based, water-based, solventless, and others. The water-based segment is expected to be the fastest growing segment over the forecast period. Furthermore, in this present scenario of COVID 19 pandemic, the Middle East & Africa industrial wood adhesives market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Middle East & African countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for industrial wood adhesives.
H.B.Fuller Company, Henkel AG & Company KGaA, Ashland, Arkema Group, Sika AG, Pidilite Industries Ltd. Dow Inc. 3M, and Akzo Nobel N.V are some of the leading companies in the Middle East & Africa industrial wood adhesives market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The report segments the Middle East & Africa Industrial Wood Adhesives Market as follows:
Middle East & Africa Industrial Wood Adhesives Market - By Resin Type
- Natural
- Synthetic
Middle East & Africa Industrial Wood Adhesives Market - By Technology
- Solvent-Based
- Water-Based
- Solventless
- Others
Middle East & Africa Industrial Wood Adhesives Market - By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
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Table of Contents
1. Introduction1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
2. Middle East & Africa Industrial Wood Adhesives Market - Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-Economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country level data
4. Middle East & Africa Industrial Wood Adhesives - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Expert Opinions
5. Middle East & Africa Industrial Wood Adhesives Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Heightening Construction and Infrastructural Activities
5.1.2 Advantages Offered by Wood Adhesives
5.2 Market Restraint
5.2.1 Petroleum or Crude Oil Price Fluctuations
5.3 Future Trends
5.3.1 Rise in the Usage of Bio-Based Wood Adhesives
5.4 Impact Analysis
6. Industrial Wood Adhesives Market - Middle East & Africa Analysis
6.1 Middle East & Africa Industrial Wood Adhesives Market Revenue Forecast and Analysis
7. Middle East & Africa Industrial Wood Adhesives Market Analysis - By Resin Type
7.1 Overview
7.2 Industrial Wood Adhesives Market Revenue Share, by Resin Type (2019 and 2027)
7.3 Natural
7.3.1 Overview
7.3.2 Natural: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Synthetic
7.4.1 Overview
7.4.2 Synthetic: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
8. Industrial Wood Adhesives Market Analysis - By Technology
8.1 Overview
8.2 Industrial Wood Adhesives Market Revenue Share, by Technology (2019 and 2027)
8.3 Solvent-Based
8.3.1 Overview
8.3.2 Solvent-Based: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
8.4 Water-Based
8.4.1 Overview
8.4.2 Water-Based: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
8.5 Solventless
8.5.1 Overview
8.5.2 Solventless: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
9. Industrial Wood Adhesives Market - Country Analysis
9.1 Middle East & Africa: Industrial Wood Adhesives Market
9.1.1 Overview
9.1.2 Middle East & Africa: Industrial Wood Adhesives Market Share by Country - 2019 & 2027, (%)
9.1.3 UAE: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
9.1.3.1 UAE: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
9.1.3.2 UAE: Industrial Wood Adhesives Market, by Resin Type, 2017 -2027 (US$ Million)
9.1.3.3 UAE: Industrial Wood Adhesives Market, by Technology, 2017-2027 (US$ Million)
9.1.4 Saudi Arabia: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
9.1.4.1 Saudi Arabia: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
9.1.4.2 Saudi Arabia: Industrial Wood Adhesives Market, by Resin Type, 2017 -2027 (US$ Million)
9.1.4.3 Saudi Arabia: Industrial Wood Adhesives Market, by Technology, 2017-2027 (US$ Million)
9.1.5 South Africa: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
9.1.5.1 South Africa: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
9.1.5.2 South Africa: Industrial Wood Adhesives Market, by Resin Type, 2017 -2027 (US$ Million)
9.1.5.3 South Africa: Industrial Wood Adhesives Market, by Technology, 2017-2027 (US$ Million)
9.1.6 Rest of Middle East and Africa: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
9.1.6.1 Rest of Middle East and Africa: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
9.1.6.2 Rest of Middle East and Africa: Industrial Wood Adhesives Market, by Resin Type, 2018 -2027 (US$ Million)
9.1.6.3 Rest of Middle East and Africa: Industrial Wood Adhesives Market, by Technology, 2018-2027 (US$ Million)
10. Impact of COVID-19 Pandemic on Middle East & Africa Industrial Wood Adhesives Market
10.1 Overview
10.2 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Product News
11.3 Merger and Acquisition
12. Company Profiles
12.1 H.B.Fuller Company
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Service
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Henkel AG & Company, KGAA
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.3 Ashland
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.4 Arkema Group
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.5 Sika AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.6 Pidilite Industries Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Dow
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.8 3M
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.9 Akzo Nobel N.V.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
13. Appendix
13.1 About
13.2 Glossary of Terms
List of Tables
Table 1. Middle East & Africa Industrial Adhesives Market - Revenue and Forecast to 2027 (US$ Mn)
Table 2. UAE Industrial Wood Adhesives Market, by Resin Type - Revenue and Forecast to 2027 (US$ Million)
Table 3. UAE Industrial Wood Adhesives Market, by Technology - Revenue and Forecast to 2027(US$ Million)
Table 4. Saudi Arabia Industrial Wood Adhesives Market, by Resin Type - Revenue and Forecast to 2027 (US$ Million)
Table 5. Saudi Arabia Industrial Wood Adhesives Market, by Technology - Revenue and Forecast to 2027(US$ Million)
Table 6. South Africa Industrial Wood Adhesives Market, by Resin Type - Revenue and Forecast to 2027 (US$ Million)
Table 7. South Africa Industrial Wood Adhesives Market, by Technology - Revenue and Forecast to 2027(US$ Million)
Table 8. Rest of Middle East and Africa Industrial Wood Adhesives Market, by Resin Type - Revenue And Forecast to 2027 (US$ Million)
Table 9. Rest of Middle East and Africa Industrial Wood Adhesives Market, by Technology - Revenue and Forecast to 2027(US$ Million)
Table 10. Glossary of Terms, Industrial Wood Adhesives MarketList of Figures
Figure 1. Industrial Wood Adhesives Market Segmentation
Figure 2. Middle East & Africa Industrial Wood Adhesives Market, By Country
Figure 3. Middle East & Africa Industrial Wood Adhesives Market Overview
Figure 4. Solvent-Based Segment Held Major Share by Technology Segment in Industrial Wood Adhesives Market
Figure 5. UAE to Witness Fastest Growth in the Market During the Forecast Period
Figure 6. Middle East & Africa Industrial Wood Adhesives Market, Industry Landscape
Figure 7. Middle East and Africa - PEST Analysis
Figure 8. Impact Analysis of Drivers and Restraints
Figure 9. Middle East & Africa Industrial Wood Adhesives Market - Revenue Forecast and Analysis - 2017 - 2027
Figure 10. Industrial Wood Adhesives Market Revenue Share, by Resin Type (2019 and 2027)
Figure 11. Natural: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
Figure 12. Synthetic: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
Figure 13. Industrial Wood Adhesives Market Share, by Technology (2019 and 2027)
Figure 14. Solvent-Based: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
Figure 15. Water-Based: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
Figure 16. Solventless: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
Figure 17. Others: Industrial Wood Adhesives Market - Revenue and Forecast to 2027 (US$ Million)
Figure 18. Middle East & Africa: Industrial Adhesives Market, by Key Country - Revenue (2019) (USD Million)
Figure 19. Middle East & Africa: Industrial Wood Adhesives Market Share by Country - 2019 & 2027, (%)
Figure 20. UAE: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
Figure 21. Saudi Arabia: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
Figure 22. South Africa: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
Figure 23. Rest of Middle East and Africa: Industrial Wood Adhesives Market - Revenue and Forecasts to 2027 (US$ Million)
Figure 24. Impact of COVID-19 Pandemic in Middle East & African Country Market
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- H.B.Fuller Company
- Henkel AG & Company KGaA
- Ashland
- Arkema Group
- Sika AG
- Pidilite Industries Ltd.
- Dow Inc.
- 3M
- Akzo Nobel N.V
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 103 |
| Published | June 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 564.85 Million |
| Forecasted Market Value ( USD | $ 727.34 Million |
| Compound Annual Growth Rate | 3.7% |
| Regions Covered | Africa, Middle East |
