Middle-East and Africa Contact Adhesives Market Global Insights and Business Scenario 2020 to 2025

The report elaborates the complete details covering product definition, product type, and application. The report covers useful details which are categorized based on Contact Adhesives production region, major players, and product type which will provide a simplified view of the Contact Adhesives industry. The Contact Adhesives market report presents the competitive scenario of the major market players based on the sales revenue, customer demands, company profile, the business tactics used in Contact Adhesives market which will help the emerging market segments in making vital business decisions.

Middle-East and Africa contact adhesive market is expected to grow at a CAGR of more than 3% during the forecast period.

Contact Adhesives Market Segmentation:
This report on Middle-East And Africa Contact Adhesives market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the Global market for Contact Adhesives. Collecting historical and recent data from various authentic resources and depending on all the factors and trends, the report presents a figurative estimate of the future market condition, along with compound annual growth rate (CAGR).

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Middle-East And Africa Contact Adhesives market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including 3M, Arkema Group, H.B. Fuller, Sika AG, and Henkel AG & Co. KGaA, amongst others.

Building and Construction Industry to Drive the Market Demand
- Contact adhesives properties such as good cohesion, adhesion and elasticity, high cohesive strength, flexibility, high elastic modulus of substrate, resistance from thermal expansion, environmental resistance from UV light, corrosion, salt water, rain, and other weathering conditions, makes it extensively useful for application in construction industry.
- They are mainly used in wooden flooring and artificial turf, owing to their property of strain crystallization.
- Countries, such as Saudi Arabia, Qatar, United Arab Emirates, and Egypt has been witnessing strong growth in construction investments and activities. The growth of construction industry in the region is majorly fueled by the Middle Eastern countries efforts to develop non-oil sectors.
- Hence, such trends leading to the growth of construction industry is expected to propel the consumption of contact adhesive for construction applications in the region.

Saudi Arabia to Dominate the Market
- Saudi Arabia dominate the consumption of contact adhesive in the region, where the growth in construction, footwear, packaging and consumer goods segments have been driving the consumption of contact adhesive.
- Saudi Arabia is focusing on establishing itself as the new automotive hub in the Middle East. Though the country is a large importer of vehicles and auto parts, it is now trying to attract original equipment manufacturers (OEMs) to open their production plants in the Kingdom, to develop the domestic auto industry.
- The country is embarking a large number of residential and commercial projects which is expected to increase the demand for adhesives and sealant for construction applications. Besides, there are numerous construction projects (including construction of hotels, hospitals, entertainment city, etc.) in line for development. With such projects scheduled to be completed within the next five years, the demand for acrylic adhesives is likely to increase for applications in construction industry.

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This independent 120 pages report guarantees you will remain better informed than your competition. With over 80 tables and figures examining the Contact Adhesives market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2025.

Importance of this Report
• Impact of low unit costs, diversified product ranges and intense competition on the market
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• Regional analysis of the market
• Identifying the latest developments, market shares, and strategies employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet (in Excel)

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This release was published on openPR.