Middle East & Africa Hot Melt Adhesives Market Forecast to 2030 - Regional Analysis

Description

List of Tables

The Middle East & Africa hot melt adhesives market was valued at US$ 305.26 million in 2022 and is expected to reach US$ 443.27 million by 2030; it is estimated to register a CAGR of 4.8% from 2022 to 2030.

Growing Applications in Several End-Use Industries Bolster Middle East & Africa Hot Melt Adhesives Market

The hot melt adhesives (HMAs) market is mainly driven by their increasing demand from packaging solutions, nonwoven hygiene products, and consumer DIY. Hot melt adhesives are quite suitable for the manufacturing of packaging solution products, particularly food packaging and specialty packaging. The packaging application of hot melt adhesives further includes carton boxes, bags, cups, flexible packaging, envelopes, carton closure, specialty packaging, and processed food products. The proper setting time of this adhesive is very important for the successful packaging of any product. Hot melt adhesives are further extensively utilized in products like baby diapers, tissues, pet & medical pads, and towels & napkins. Moreover, feminine hygiene, toddler training pants, and adult incontinence are among the key markets for hot melt adhesives. Furniture and woodwork applications of hot melt adhesives include roofing, countertop laminations, and wall coverings. Hot melt adhesives can also bond to several materials and surfaces, such as ceramic, cardboard, metal, fabric, papers, and plastics, which further makes them a suitable option for DIY applications. The DIY applications for hot melt adhesives include craft, general goods packaging, and others. The stick form of hot melt adhesives is widely utilized in these applications due to its ease of use, as well as the availability of hot melt adhesive guns. The demand for hot melt adhesives, mainly from the packaging industry, is presumed to witness growth soon, owing to a significant uptick in packaged food & beverages after the pandemic. This is due to a sudden shift in consumers' buying patterns, especially after the COVID-19 pandemic. Hot melt adhesives are designed for those applications for which streamlined manufacturing, simplified processing, and end-product protection are required. Many companies are trying to fulfill these demands with their advanced product portfolio. Hot melt adhesives are known for superior quality, reliability, and proven results. This product is widely utilized in markets such as electronics, automotive, food & beverages, medical, personal hygiene, and furniture & packaging. These products are available in a full range of reactive as well as non-reactive hot melt solutions. For instance, Henkel's TECHNOMELT is a good choice for hot melt adhesives, which are designed for obtaining the best results in production processes as well as finished products. TECHNOMELT adhesives are designed for superior cost-in-use and efficiency, and they also deliver easy application.

Middle East & Africa Hot Melt Adhesives Market Overview

The Middle East and Africa region is expected to witness a rapid increase in industrialization in the coming years, which would trigger the growth of the automotive, electronics, and construction industries, among others. Governments of different countries have recently undertaken various steps to shift the focus to other manufacturing sectors, including chemical, automotive, and electrical, to ensure economic growth. The UAE government has been striving to develop industrial hubs in the Middle East and Africa to attract manufacturers willing to set up new plants. According to the UAE's Department of Economic Development (DE), the manufacturing industry in UAE accounts for 80% of Dubai's nonoil trade, which further makes it the second-largest contributor to its economy. The government is looking forward to investing large amounts in the building and construction industry. With the surge in industrialization, products such as biobased hot melt adhesives are gaining major traction in various applications in the industrial sector to diminish VOC and CO2 emissions. Increasing the use of hot melt adhesives in packaging operations, mainly in the food & beverages and healthcare sectors, is another factor boosting the sales of polyurethanes (PU) hot melt adhesives in the MEA. Jowat, Arkema Group, Henkel AG & Co. KGaA, Sika AG, and H.B. Fuller Company are among the key hot melt adhesive market players in this region. Jowatherm GROW 853.22 offered by Jowat comes with a very high content of renewable raw materials and creates the modern packaging hot melt adhesives ideal for companies that want to avoid the usage of fossil-based raw materials as far as possible. Intercol offers biobased hot melt in the product range, consisting of 70% natural resources. The EHM 5836 is a great choice for 95% of all standard packaging machines.

Middle East & Africa Hot Melt Adhesives Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Hot Melt Adhesives Market Segmentation

The Middle East & Africa hot melt adhesives market is categorized into product type, type, application, and country.

Based on product type, the Middle East & Africa hot melt adhesives market is segmented into glue sticks, glue slugs, and others. The glue sticks segment held the largest market share in 2022.

In terms of type, the Middle East & Africa hot melt adhesives market is segmented into ethylene vinyl acetate, polyolefins, polyamides, polyurethanes, styrene block copolymers, and other. The ethylene vinyl acetate segment held the largest share of Middle East & Africa hot melt adhesives market in 2022.

By application, the Middle East & Africa hot melt adhesives market is divided into packaging, construction, automotive, furniture, footwear, electronics, and others. The packaging segment held the largest share of Middle East & Africa hot melt adhesives market in 2022.

Based on country, the Middle East & Africa hot melt adhesives market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa hot melt adhesives market share in 2022.

H.B. Fuller Company; Henkel AG & COMPANY, KGAA; Arkema; 3M; Sika AG; Jowat SE; Hexcel Corporation; The Dow Chemical Company; Beardow Adams; Gorilla Glue Company; and Adhesive Technologies, Inc. are some of the leading companies operating in the Middle East & Africa Hot Melt Adhesives market.

Product Code: BMIRE00030454

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Hot Melt Adhesives Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Intensity of Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturers
- 4.3.3 Distributors/Suppliers
- 4.3.4 End Use
4.4 List of Vendors in the Value Chain:

5. Middle East & Africa Hot Melt Adhesives Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Growing Applications in Several End-Use Industries
- 5.1.2 Changing Trend from Solvent Adhesive to Hot Melt Adhesive
5.2 Market Restraints
- 5.2.1 Low Thermal Resistance
5.3 Market Opportunities
- 5.3.1 Rising Utilization of Hot Melt Adhesives in Road Marking
5.4 Future Trends
- 5.4.1 Adoption of Bio-Based Hot-Melt Adhesives
5.5 Impact Analysis

6. Hot Melt Adhesives Market - Middle East & Africa Market Analysis

6.1 Hot Melt Adhesives Market Revenue (US$ Million)
6.2 Hot Melt Adhesives Market Forecast and Analysis

7. Middle East & Africa Hot Melt Adhesives Market Analysis - By Product Type

7.1 Glue Sticks
- 7.1.1 Overview
- 7.1.2 Glue Sticks Market Revenue and Forecast to 2030 (US$ Million)
7.2 Glue Slugs
- 7.2.1 Overview
- 7.2.2 Glue Slugs Market Revenue and Forecast to 2030 (US$ Million)
7.3 Others
- 7.3.1 Overview
- 7.3.2 Others Market Revenue and Forecast to 2030 (US$ Million)

8. Middle East & Africa Hot Melt Adhesives Market Analysis - By Type

8.1 Ethylene Vinyl Acetate
- 8.1.1 Overview
- 8.1.2 Ethylene Vinyl Acetate Market Revenue and Forecast to 2030 (US$ Million)
8.2 Polyolefins
- 8.2.1 Overview
- 8.2.2 Polyolefins Market Revenue and Forecast to 2030 (US$ Million)
8.3 Polyamides
- 8.3.1 Overview
- 8.3.2 Polyamides Market Revenue and Forecast to 2030 (US$ Million)
8.4 Polyurethanes
- 8.4.1 Overview
- 8.4.2 Polyurethanes Market Revenue and Forecast to 2030 (US$ Million)
8.5 Styrene Block Copolymers
- 8.5.1 Overview
- 8.5.2 Styrene Block Copolymers Market Revenue and Forecast to 2030 (US$ Million)
8.6 Others
- 8.6.1 Overview
- 8.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)

9. Middle East & Africa Hot Melt Adhesives Market Analysis - By Application

9.1 Packaging
- 9.1.1 Overview
- 9.1.2 Packaging Market Revenue and Forecast to 2030 (US$ Million)
9.2 Construction
- 9.2.1 Overview
- 9.2.2 Construction Market Revenue and Forecast to 2030 (US$ Million)
9.3 Automotive
- 9.3.1 Overview
- 9.3.2 Automotive Market Revenue and Forecast to 2030 (US$ Million)
9.4 Furniture
- 9.4.1 Overview
- 9.4.2 Furniture Market Revenue and Forecast to 2030 (US$ Million)
9.5 Footwear
- 9.5.1 Overview
- 9.5.2 Footwear Market Revenue and Forecast to 2030 (US$ Million)
9.6 Electronics
- 9.6.1 Overview
- 9.6.2 Electronics Market Revenue and Forecast to 2030 (US$ Million)
9.7 Others
- 9.7.1 Overview
- 9.7.2 Others Market Revenue and Forecast to 2030 (US$ Million)

10. Middle East & Africa Hot Melt Adhesives Market - Country Analysis

10.1 Middle East & Africa Market Overview
- 10.1.1 Middle East & Africa Hot Melt Adhesives Market, By Key Country - Revenue 2022 (US$ Million)
- 10.1.2 Middle East & Africa Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Countries
  - 10.1.2.1 Middle East & Africa Hot Melt Adhesives Market Breakdown by Country
  - 10.1.2.2 South Africa Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)
    - 10.1.2.2.1 South Africa Hot Melt Adhesives Market Breakdown by Product Type
    - 10.1.2.2.2 South Africa Hot Melt Adhesives Market Breakdown by Type
    - 10.1.2.2.3 South Africa Hot Melt Adhesives Market Breakdown by Application
  - 10.1.2.3 Saudi Arabia Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)
    - 10.1.2.3.1 Saudi Arabia Hot Melt Adhesives Market Breakdown by Product Type
    - 10.1.2.3.2 Saudi Arabia Hot Melt Adhesives Market Breakdown by Type
    - 10.1.2.3.3 Saudi Arabia Hot Melt Adhesives Market Breakdown by Application
  - 10.1.2.4 UAE Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)
    - 10.1.2.4.1 UAE Hot Melt Adhesives Market Breakdown by Product Type
    - 10.1.2.4.2 UAE Hot Melt Adhesives Market Breakdown by Type
    - 10.1.2.4.3 UAE Hot Melt Adhesives Market Breakdown by Application
  - 10.1.2.5 Rest of Middle East & Africa Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)
    - 10.1.2.5.1 Rest of Middle East & Africa Hot Melt Adhesives Market Breakdown by Product Type
    - 10.1.2.5.2 Rest of Middle East & Africa Hot Melt Adhesives Market Breakdown by Type
    - 10.1.2.5.3 Rest of Middle East & Africa Hot Melt Adhesives Market Breakdown by Application

11. Industry Landscape

11.1 Overview
11.2 Mergers & acquisition
11.3 Product Launch
11.4 Collaboration

12. Company Profiles

12.1 H.B. Fuller Company
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Henkel AG & COMPANY, KGAA
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Arkema
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 3M
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Sika AG
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Jowat SE
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Hexcel Corporation
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 The Dow Chemical Company
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Beardow Adams
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 Adhesive Technologies, Inc.
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
12.11 Gorilla Glue Company
- 12.11.1 Key Facts
- 12.11.2 Business Description
- 12.11.3 Products and Services
- 12.11.4 Financial Overview
- 12.11.5 SWOT Analysis
- 12.11.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Glossary