Press Release

UAE Contact Adhesive Market to Grow with a CAGR of 3.48% through 2028

Surge in research and development activities is expected to drive the UAE Contact Adhesive Market growth in the forecast period, 2024-2028.

According to TechSci Research report, “UAE Contact Adhesive Market– By Region, Competition, Forecast and Opportunities, 2018-2028F”, the UAE Contact Adhesive Market stood at USD61.38 million in 2022 and is anticipated to grow with a CAGR of 3.48% in the forecast period, 2023-2028. The initiatives taken by government based on contact adhesive has led to favorable market conditions for the UAE Contact Adhesive Market. Several factors contribute to the growth of various contact adhesive market products.

The UAE government is dedicated to achieving more sustainable consumption and production (SCP), as well as meeting SDG 12, by transitioning from a degenerative linear model to a regenerative circular economy. By adopting this approach, the UAE aims to minimize waste and maximize resource efficiency, leading to a greener and more sustainable future.

As part of these efforts, initiatives that promote the development and use of eco-friendly adhesives are being encouraged. These adhesives not only contribute to reducing environmental impact but also align with the UAE's commitment to fostering a circular economy.

Moreover, the UAE has been actively implementing measures to improve waste management and treatment through the implementation of regulations, adoption of advanced technologies, and raising consumer awareness. These comprehensive actions are expected to have a positive influence on the adhesive market, particularly in terms of reducing waste generated from packaging adhesives and promoting the development of recyclable alternatives. By considering these factors, the UAE is taking significant strides towards a more sustainable and environmentally conscious future.

 

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The contact adhesive market in the UAE is experiencing significant growth, driven by a surge in research and development activities aimed at creating innovative and high-performance adhesives. To stay ahead in the competitive landscape, numerous companies are making substantial investments in research facilities and innovative projects. These endeavors are focused on developing advanced adhesive solutions that cater to the evolving needs of diverse industries such as construction, automotive, and packaging.

Moreover, there is an increasing demand for eco-friendly adhesives, primarily due to the growing emphasis on sustainability and environmental conservation. This trend has further intensified research and development efforts in the pursuit of green adhesives that are not only effective but also environmentally friendly. By addressing the need for sustainable alternatives, these eco-friendly adhesives are poised to play a crucial role in shaping the future of the adhesive industry in the UAE.

The UAE Contact Adhesive Market is segmented in type, end user, regional distribution, and company.

Based on its type, the neoprene segment held the largest share in the market. Neoprene adhesives play a crucial role in the automotive industry. They are widely utilized for various applications, including bonding fabrics in car interiors, weather stripping to ensure airtight seals, and sealing glass components for enhanced safety. The significant growth of the automotive industry in the UAE has directly influenced the demand for neoprene adhesives, as it continues to be a preferred choice for manufacturers seeking reliable and durable bonding solutions.

Moreover, neoprene's exceptional resilience to adverse conditions, such as extreme temperatures and chemical exposure, makes it an ideal choice for a wide range of industrial applications. Its ability to withstand harsh environments without compromising performance has led to its widespread use in the packaging industry, where secure and long-lasting adhesion is crucial. As a result, the demand for neoprene adhesives in the overall adhesive market has been steadily increasing, driven by the need for reliable bonding solutions that can withstand diverse operational and environmental challenges.

Based on region, Dubai segment is expected to grow during the forecast period.

The availability of abundant and diverse raw materials, coupled with low production costs, has played a significant role in Dubai's market dominance. As an emirate, Dubai has strategically positioned itself as a global hub for international trade and commerce, offering seamless access to a wide range of raw materials. This advantageous location has attracted numerous adhesive manufacturers to establish their operations in Dubai, taking advantage of the favorable government policies and support.

Moreover, the government's efforts to streamline business processes and reduce bureaucratic hurdles have further contributed to the cost-effectiveness of production in Dubai. These factors, combined with the emirate's world-class infrastructure and business-friendly environment, make Dubai an immensely attractive market for adhesive manufacturing companies seeking growth and success.

Major companies operating in UAE Contact Adhesive Market are:

  • 3M Company
  • Delo Industrial Adhesives, LLC
  • Hexcel Corporation
  • Lord Corporation
  • HUNTSMAN (UAE) FZE

 

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“Growing application of contact adhesive in various end user industries are key drivers of the contact adhesive market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of contact adhesive with every passing year are anticipated to register an impressive growth to UAE Contact Adhesive Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

UAE Contact Adhesive Market By Type (Neoprene, Polyurethane, Acrylic, Styrene Butadiene Copolymer, Others), By End User (Automotive, Leather & Footwear, Construction, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of UAE Contact Adhesive Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in UAE Contact Adhesive Market.

 

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UAE Contact Adhesive Market By Type (Neoprene, Polyurethane, Acrylic, Styrene Butadiene Copolymer, Others), By End User (Automotive, Leather & Footwear, Construction, Others), By Region, Competition, Forecast and Opportunities, 2018-2028F

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Growing demand of contact adhesive in automotive and construction industries are factors driving the UAE Contact Adhesive Market in the forecast period 2024-2028.

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