Saudi Arabia Construction Sealants & Adhesives Market Reaches USD 16.3 Billion in 2023, on Track for 5.1% CAGR by 2028

According to MarkNtel Advisors’ research report, the Saudi Arabia Construction Sealants & Adhesives Market size was valued at USD 16.3 billion in 2022 & is estimated to grow at a CAGR of around 5.1% during the forecast period, i.e., 2023-28. The market growth attributes primarily to the booming utilization of sealants & adhesives in building & construction activities to provide tight bonds between close-fitting surfaces, seal against moisture & salts, and protection against UV light & other environmental conditions.

With the introduction of high-performance polymers & formulations, the demand for sealants & adhesives is substantially increasing across the construction sector. Moreover, the increasing inclination toward green buildings and massive government investments in extensive construction projects are other prominent aspects driving the market through 2028.

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Saudi Arabia Construction Sealants & Adhesives Market Segmentation Analysis:

  • By Sealants Type (Silicone, Polyurethane, Emulsion, Polysulfide)
  • By Adhesive Technology(Water-based, Solvent-based, Hot-melt, Reactive)
  • By Application (Bonding, Protection, Insulation, Cable Management, Sound Proofing, Others)
  • By End Users (Residential, Commercial, Industrial)
  • By Region (West, East, Central, South)

Silicone holds the potential share of the Saudi Arabia Construction Sealants & Adhesives Market

Silicone holds the plurality of the Saudi Arabia Construction Sealants & Adhesives Market Share since these are resin-based sealants that are widely applied for both interior & exterior purposes. In addition, it is gaining significant momentum in terms of demand due to its outstanding sheer strength, high impact resistance, and widespread adoption in the building & construction industry.

Key Market Competitors

According to MarkNtel Advisors, the leading players in the Saudi Arabia Construction Sealants & Adhesives Market are BASF S.E., Dow Chemicals, DuPont, Fafa Adhesive & Labeling Company, 3M Company, Nordson Corporation, Polywed Construction Chemicals, Sika AG, Saveto, SAAF Technology Co. Ltd., and Others.

Explore the Full Report with Charts, Table of Contents, and List of Figures –  https://www.marknteladvisors.com/research-library/saudi-arabia-construction-sealants-adhesives-market.html

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 & adhesive providers across Saudi Arabia?

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