The Middle East & Africa sealants market was valued at US$ 599.30 million in 2023 and is anticipated to reach US$ 772.72 million by 2031; it is estimated to record a CAGR of 3.2% from 2023 to 2031.
Development of Renewable Sealants Bolsters Middle East & Africa Sealants Market
Renewable materials are environmentally friendly and are the subject of extensive research in various fields. Renewable materials exhibit sustainability, thereby driving their use in commercial applications. The easy availability of natural raw materials for the production of eco-friendly polymers is an added factor fueling its supply and demand. Further, due to rising concerns and awareness about the social and environmental impacts of synthesized chemicals, customers are shifting toward the utilization of renewable sealants. As a part of FOSROC Inc’s sustainability pledge for 2023, the company announced the shift of its sealant product range offered in plastic cartridges to foil packs.
Stringent government regulations pertaining to the utilization of toxic chemicals across the world have encouraged many market players to develop nontoxic alternatives and green products, aiding global sustainability goals. The rising demand for renewable materials has prompted manufacturers to develop renewable sealants for various applications. In 2020, WACKER Chemie AG introduced biomethanol-based silicone sealing compounds under the brand name - ELASTOSIL eco. The nonrenewable raw materials required for production are replaced by sustainable biomass, thereby making this product the first generation of sealant manufactured without petrochemical compounds. In 2022, Dow announced the launch of a recyclable silicone self-sealing tire solution.
The company aims to meet the self-sealing tire manufacturers’ demands for high performance and sustainability through its new SiLASTIC SST-2650 self-sealing silicone. The global transition towards sustainability and circular economy, leading to research and development for novel sustainable sealants, can be one of the significant trends. Thus, the replacement of petroleum-derived polymers with renewable materials, otherwise sourced from natural sources, is expected to become a significant trend in the Middle East & Africa sealants market during the forecast period.
Middle East & Africa Sealants Market Overview
Saudi Arabia takes various supportive measures for the development of the residential and commercial construction sector. In 2017, Sakani (a Vision 2030 program) was developed by the Ministry of Housing and the Real Estate Development Fund to facilitate home ownership in the Kingdom of Saudi Arabia by creating new housing stock, allocating plots and homes to nationals, and financing their purchase. The program was initiated with the aim of reaching 70% home ownership by 2030.
The Sakani program benefitted 70,000 families in the first quarter of 2021, surpassing its target of serving 51,000 families that year. Therefore, various government measures supporting the development of the residential construction industry are propelling residential construction activities, further creating demand for sealants. Thus, the progressive building and construction sector propels the Middle East & Africa sealants market in the country.
Middle East & Africa Sealants Market Revenue and Forecast to 2031 (US$ Million)
Middle East & Africa Sealants Market Segmentation
The Middle East & Africa sealants market is categorized into type, application, end-use industry, and country.
Reasons to Buy:
Development of Renewable Sealants Bolsters Middle East & Africa Sealants Market
Renewable materials are environmentally friendly and are the subject of extensive research in various fields. Renewable materials exhibit sustainability, thereby driving their use in commercial applications. The easy availability of natural raw materials for the production of eco-friendly polymers is an added factor fueling its supply and demand. Further, due to rising concerns and awareness about the social and environmental impacts of synthesized chemicals, customers are shifting toward the utilization of renewable sealants. As a part of FOSROC Inc’s sustainability pledge for 2023, the company announced the shift of its sealant product range offered in plastic cartridges to foil packs.
Stringent government regulations pertaining to the utilization of toxic chemicals across the world have encouraged many market players to develop nontoxic alternatives and green products, aiding global sustainability goals. The rising demand for renewable materials has prompted manufacturers to develop renewable sealants for various applications. In 2020, WACKER Chemie AG introduced biomethanol-based silicone sealing compounds under the brand name - ELASTOSIL eco. The nonrenewable raw materials required for production are replaced by sustainable biomass, thereby making this product the first generation of sealant manufactured without petrochemical compounds. In 2022, Dow announced the launch of a recyclable silicone self-sealing tire solution.
The company aims to meet the self-sealing tire manufacturers’ demands for high performance and sustainability through its new SiLASTIC SST-2650 self-sealing silicone. The global transition towards sustainability and circular economy, leading to research and development for novel sustainable sealants, can be one of the significant trends. Thus, the replacement of petroleum-derived polymers with renewable materials, otherwise sourced from natural sources, is expected to become a significant trend in the Middle East & Africa sealants market during the forecast period.
Middle East & Africa Sealants Market Overview
Saudi Arabia takes various supportive measures for the development of the residential and commercial construction sector. In 2017, Sakani (a Vision 2030 program) was developed by the Ministry of Housing and the Real Estate Development Fund to facilitate home ownership in the Kingdom of Saudi Arabia by creating new housing stock, allocating plots and homes to nationals, and financing their purchase. The program was initiated with the aim of reaching 70% home ownership by 2030.
The Sakani program benefitted 70,000 families in the first quarter of 2021, surpassing its target of serving 51,000 families that year. Therefore, various government measures supporting the development of the residential construction industry are propelling residential construction activities, further creating demand for sealants. Thus, the progressive building and construction sector propels the Middle East & Africa sealants market in the country.
Middle East & Africa Sealants Market Revenue and Forecast to 2031 (US$ Million)
Middle East & Africa Sealants Market Segmentation
The Middle East & Africa sealants market is categorized into type, application, end-use industry, and country.
- Based on type, the Middle East & Africa sealants market is segmented into silicone sealants, polyurethane sealants, acrylic sealants, polysulfide sealants, butyl sealants, hybrid sealant, and others. The silicone sealants segment held the largest market share in 2023. Furthermore, hybrid sealant is divided into silane modified polymer sealants, polyurethane modified acrylic sealants, and others.
- In terms of application, the Middle East & Africa sealants market is categorized into waterproofing, insulation, bonding and sealing, soundproofing, and others.
- Based on end-use industry, the Middle East & Africa sealants market is segmented into building & construction, automotive, electronics, healthcare, aerospace & defense, marine, energy & power, and others.
- By country, the Middle East & Africa sealants market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa sealants market share in 2023.
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa sealants market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa sealants market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa sealants market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Middle East & Africa Sealants Market Landscape
5. Middle East & Africa Sealants Market - Key Market Dynamics
6. Sealants Market - Middle East & Africa Analysis
7. Middle East & Africa Sealants Market - by Type
8. Middle East & Africa Sealants Market - by Application
9. Middle East & Africa Sealants Market - by End-Use Industry
10. Middle East & Africa Sealants Market - by Country
11. Competitive Landscape
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned
Some of the leading companies in the Middle East & Africa Sealants Market include:- 3M Co
- ACTEGA DS GmbH
- Arkema SA
- BASF SE
- Dow Inc
- HB Fuller Co
- Henkel AG & Co KGaA
- Momentive Performance Materials Inc
- RPM International Inc
- Sika AG
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 211 |
Published | March 2025 |
Forecast Period | 2023 - 2031 |
Estimated Market Value ( USD | $ 599.3 Million |
Forecasted Market Value ( USD | $ 772.72 Million |
Compound Annual Growth Rate | 3.2% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 11 |