Egypt
Adhesive and Sealant Market is anticipated to grow significantly rate in the
projected period of 2028, which is driven by the increasing
demand from various end-use industries, such as construction, packaging, automotive,
and healthcare.
Adhesives and sealants are materials that are used to bond
or seal various substrates, such as metals, plastics, wood, glass, ceramics,
etc. They have various applications in different end-user industries, such as
building and construction, packaging, transportation, healthcare, electrical
and electronics, etc. The innovation and advancement of adhesives and sealants
technologies, such as water-borne, solvent-borne, reactive, hot melt, and UV-cured
adhesives. These technologies offer various benefits over conventional
adhesives and sealants, such as faster curing time, lower VOC emissions, higher
bond strength, better resistance to temperature and moisture, etc.
The Egypt adhesive and sealant market is a dynamic and
competitive sector that offers opportunities for growth and innovation. The
market players are focusing on expanding their product portfolio, enhancing
their quality standards, improving their distribution network, and increasing
their market share. The market is also expected to witness new entrants and
collaborations among the existing players in the forecasted period.
Merger and acquisition activity in the adhesive and
sealant market in Egypt has been focused on expanding product offerings,
strengthening market position, and enhancing companies' presence in the region.
These acquisitions have allowed companies to better serve their customers and
meet the growing demand for adhesives and sealants in Egypt,
Rise in Building and Construction Activities Driving Market
Growth
The building and construction industry is one of the
major end-users of adhesives and sealants in Egypt. The adhesive and sealant
market in Egypt is linked to the construction industry since adhesives and
sealants are essential materials used in the construction of buildings, roads,
and other infrastructure projects. The demand for these products is driven by
the increasing urbanization, infrastructure development, and renovation
activities in the country. According to the Ministry of Planning and
Economic Development, Egypt's construction sector grew by 7.5% in 2020, despite
the COVID-19 pandemic, and is expected to grow by 8.9% in 2021. The
government has also launched several mega projects, such as the New
Administrative Capital, New Alamein City, and Grand Egyptian Museum, which
require high-quality adhesives and sealants for various applications.
The growth of the building and construction industry
has had a positive impact on the adhesives and sealants market in Egypt, as
these products are used for bonding, sealing, waterproofing, and insulating
various materials and surfaces. Adhesives and sealants also offer advantages such
as improved performance, durability, aesthetics, and cost-effectiveness over
traditional methods such as mechanical fastening and welding. The market is
segmented by resin type, technology, application, and end-use industry. Some of
the common resin types used in the market are acrylic, epoxy, polyurethane,
silicone, and polysulfide. The country imported USD 37.67 million worth of
prepared glues and other prepared adhesives in 2020 while exporting USD 22.27
million worth of the same products. The market is also influenced by technological
advancements and innovations in the field of adhesives and sealants, such as
bio-based products, smart adhesives, and nanotechnology.
In addition, the government has launched several
initiatives to attract foreign investment in the construction industry, such as
the New Urban Communities Authority (NUCA) and the Egyptian General Authority
for Investment and Free Zones (GAFI). These initiatives have resulted in
increased investments in the construction industry, which has further boosted
the demand for adhesives and sealants.
Furthermore, the government has also implemented
several regulations to improve the quality of construction and ensure the safety
of buildings. For instance, in 2018, the government introduced a new building
code that requires the use of specific types of adhesives and sealants that
meet certain quality standards. This regulation has positively impacted the
adhesive and sealant market as it has led to an increased demand for high-quality
products that comply with the regulations. Hence, all these factors are
expected to drive the demand in the Egypt Adhesive and Sealant market.
Expanding Healthcare industry Propels Demand for Adhesives
and Sealants in Egypt
The growth of the healthcare industry in Egypt also has
a significant impact on the adhesive and sealant market. Adhesives and sealants
are used extensively in the healthcare industry for applications such as
medical devices, dental prosthetics, and wound care products.
The Egyptian government has recognized the importance
of the healthcare industry and has taken several initiatives to support its
growth. For instance, the government has increased investments in the healthcare
sector to improve access to healthcare services for the population. Additionally,
the government has launched several programs to encourage the development of
the medical device industry in Egypt, which has led to an increased demand for
adhesives and sealants used in medical devices.
Furthermore, the government has implemented several
regulations to improve the quality of healthcare products and ensure patient
safety. For instance, in 2016, the government introduced a new regulatory
framework for medical devices that requires compliance with specific quality
standards. This regulation has positively influenced the adhesive and sealant
market as it has led to an increased demand for high-quality products that
comply with the regulations. Moreover, the COVID-19 pandemic has further
increased the demand for healthcare products, including medical devices and
wound care products, which has led to an increased demand for adhesives and
sealants used in these products.
Technological Advancements to Support Market
Technological advancements have had a significant
impact on the adhesive and sealant market in Egypt. Such as:
Increased Efficiency: The use of automation and robotics in the manufacturing
process has increased the efficiency of adhesive and sealant production in
Egypt. This has enabled manufacturers to produce more products at a faster
rate, reducing costs and improving productivity.
Improved Performance: Advanced materials and additives have been developed and incorporated
into adhesives and sealants in Egypt. These materials improve the performance
of adhesives and sealants by providing increased bonding strength, improved
durability, and resistance to chemicals and harsh environments.
Environmentally Friendly Products: The development of eco-friendly adhesives and sealants
has become a major trend in the Egyptian market. This is due to the increasing
concern about the environmental impact of traditional adhesives and sealants.
Manufacturers are developing new biodegradable products, VOC-free, and have low
toxicity levels.
Digital Technologies: The use of digital technologies such as artificial
intelligence (AI), machine learning (ML), and the Internet of Things (IoT) has
enabled the development of smart adhesives and sealants. These products are
equipped with sensors and other digital components that can monitor their
performance in real time and provide valuable data to manufacturers and
end-users.
Development of New Applications: The advancements in adhesive and sealant technology
in Egypt have led to the development of new applications. For example,
adhesives and sealants are now being used in the production of electronics,
aerospace, and automotive industries, among others.
Recent Developments
- In 2020, Bostik, a subsidiary of
Arkema, acquired Ideal Work, an Italian company specializing in decorative
flooring and coatings. This acquisition allowed Bostik Egypt to expand its
product offerings in the construction market and enhance its position in
Egypt.
- In 2018, Sika Egypt acquired the Modern
Waterproofing Group, a major player in the Egyptian market for
waterproofing solutions. This acquisition allowed Sika to expand its
product offerings in Egypt and strengthen its position in the region.
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Market Segmentation
The Egypt adhesive and sealant market is segmented based on resin type, technology, end-use industry, sales channel, and
region. Based on the resin type, the
market is divided into polyurethane adhesives, vinyl adhesives, acrylic
adhesives & sealants, epoxy adhesives, silicone & modified silicone
adhesive and sealants, polyurethane sealants, polysulfide sealants, cyanoacrylate,
and others. Based
on the technology, the market is divided into water-based, solvent-based, hot
melt, reactive, and others. Based on the end-use
industry, the market is divided into furniture, building & construction,
packaging & paper-related products, automotive, DIY, aerospace, defense,
and others. Based on the sales channel, the market is divided into B2B and
B2C.
Company Profiles
Al Reda Sealants Co., Sikka
AG Egypt, Henkel AG & Co. KGaA Egypt, BASF Egypt, 3M Egypt, Bostik SA Egypt,
Jotun AS Egypt, AkzoNobel NV Egypt, Bostik SA Egypt, and Pidilite Industries
Egypt (S.A.E.) are some of the key players of Egypt adhesive and
sealant market.
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Attribute
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Details
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Base Year
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2022
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Historic Data
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2018 – 2021
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Estimated Year
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2023
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Forecast Period
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2024 – 2028
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Quantitative Units
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Revenue in USD Million, Volume in tons, and CAGR
for 2018-2022 and 2023-2028
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Report Coverage
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Revenue forecast,
volume forecasting, Company shares, competitive landscape, growth factors,
and trends
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Segments Covered
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Resin Type
Technology
End Use Industry
Sales Channel
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Country scope
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Cairo,
Alexandria, Giza, Qalyubia, Port Said, Suez, and Rest of Egypt
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Key companies profiled
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Al
Reda sealants Co., Sikka AG Egypt, Henkel AG & Co. KGaA Egypt, BASF
Egypt, 3M Egypt, Bostik SA Egypt, Jotun AS Egypt, AkzoNobel NV Egypt, Bostik
SA Egypt, and Pidilite Industries Egypt (S.A.E.)
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Customization scope
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10% free report customization with purchase.
Addition or alteration to country, regional & segment scope.
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Pricing and purchase
options
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Avail customized
purchase options to meet your exact research needs.
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Delivery Format
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PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request)
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Report Scope:
In this report, the Egypt adhesive and sealant market has
been segmented into the following categories, in addition to the industry trends,
which have also been detailed below:
- Egypt Adhesive and
Sealant Market, By Resin Type:
- Polyurethane Adhesives
- Vinyl Adhesives
- Acrylic Adhesives & Sealants
- Epoxy Adhesives
- Silicone & Modified Silicone
Adhesive and Sealants
- Polyurethane Sealants
- Polysulfide Sealants
- Cyanoacrylate
- Others
- Egypt Adhesive and Sealant Market, By Technology:
- Water Based
- Solvent Based
- Hot Melt
- Reactive
- Others
- Egypt Adhesive and Sealant Market, By End Use Industry:
- Furniture
- Building & Construction
- Packaging & Paper Related Products
- Automotive
- DIY
- Aerospace
- Defense
- Others
- Egypt Adhesive and Sealant Market, By Sales Channel:
- Egypt Adhesive and Sealant Market, By Region:
- Cairo
- Alexandria
- Giza
- Qalyubia
- Port Said
- Suez
- Rest of Egypt
Competitive landscape
Company Profiles: Detailed analysis of the major companies in the Egypt
Adhesive and Sealant market.
Available Customizations:
With the given market data, TechSci Research offers customizations
according to a company’s specific needs. The following customization options
are available for the report:
Company
Information
- Detailed analysis
and profiling of additional market players (up to five).
Egypt Adhesive and Sealant Market is an
upcoming report to be released soon. If you wish early delivery of this report
or want to confirm the date of release, please contact us at [email protected]