Increasing Demand for Sealants & Adhesives for Residential Building Construction to Drive the Overall Market Across Saudi Arabia During 2022-27

The Saudi Arabia Construction Sealants & Adhesives Market is expecting around 4.8% CAGR during 2022-27, says MarkNtel Advisors in their research report. The market growth is driven primarily by the extensive application of Sealants & Adhesives across the construction sector owing to their properties like adhesion, cohesion, flexibility, elasticity, and resistance from UV lights, corrosion, salt-water, rain, and the changing weather conditions.

Besides, their vast application scales across roofing & flooring, tapes & labels, and insulating materials, concrete, joint cement, resilient flooring, roofing, fixed window frames, etc. Besides, the increasing number of construction projects owing to the growing focus on infrastructural development under Vision 30 is expected to remain a prevalent aspect in mounting the demand for Sealants & Adhesives and driving the overall market across Saudi Arabia, further states the research report, " Saudi Arabia Construction Sealants & Adhesives Market Analysis, 2022."

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Key Questions Answered in the Study

1. What are the current & future trends in the Saudi Arabia Construction Sealants & Adhesives Market?
2. How has the industry been evolving in terms of geography & service adoption?
3. How has the competition been shaping across Saudi Arabia, followed by their comparative factorial indexing?
4. What are the key growth drivers & challenges for the Saudi Arabia Construction Sealants & Adhesives Market?
5. What are the customer orientation, purchase behavior, and expectations from Construction Sealants & Adhesives manufacturers across Saudi Arabia?

With Surging Demand in Residential Constructions, Water-Based Adhesives Attained the Largest Market Share

Water adhesives are environmentally friendly and contain no volatile organic compounds. These are ideal for interior application since they are non-inflammatory, do not have a strong odor, easy to apply & clean, cost-effective, etc. As a result, they are being adopted increasingly in residential construction activities. These adhesives are applied when mixed with water and are available in premix solutions or dry powder form. Since the polymer in water is soluble, the bond formation is receptive to water & moisture, which makes them a popular choice for bonding substrates. Additionally, they are economical, locally available, and have extensive scalability across industries.

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Residential Sector Dominated the Market owing to Increasing Government Incentives for bringing Affordable Housings across Saudi Arabia

The increasing construction of residential buildings due to the rising popularity & deployment of modern styles, beneficial government incentives & privileges for bringing affordable housing, and the constant infrastructural developments across Saudi Arabia are the prime aspects driving the market around the residential sector. Sealants & Adhesives are used for weatherproofing, bridging any unwanted gaps between surfaces, and avoiding dust or water penetration while providing durability to repaired joints as well as facilitating the overall sustainability of buildings without replacing existing elements, reveals MarkNtel Advisors in their research report, “Saudi Arabia Construction Sealants & Adhesives Market Analysis, 2022.”

Key Companies in the Market

According to MarkNtel Advisors, the leading market players include BASF S.E., Dow Chemicals, DuPont, Fafa Adhesive & Labeling Company, 3M Company, Nordson Corporation, Polywed Construction Chemicals, Sika AG, Saveto, SAAF Technology Co. Ltd., Techno Zone, and Valve Serve.

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Market Segmentation:

1. By Sealant Type (Silicone, Polyurethane, Emulsion, Polysulfide)

2. 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))

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

4. By End-User (Commercial, Industrial, Residential)

5. By Competitors (BASF S.E., Dow Chemicals, DuPont, Fafa Adhesive & Labeling Company, 3M Company, Nordson Corporation, Polywed Construction Chemicals, Sika AG, Saveto, SAAF Technology Co. Ltd., Techno Zone, Valve Serve)

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