The Middle-East and African pressure sensitive adhesives (PSA) market was valued at USD XX.XX billion in 2016 and is projected to reach USD XX billion by 2021, at a CAGR of XX.XX% during the forecast period.
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Pressure sensitive adhesives (PSA) or self-stick adhesives are those adhesives which form a bond between the adhesive and adherent when the pressure is applied. They maintain a fine balance between adhesion and cohesion.
These adhesives do not require a chemical reaction to develop the adhesion force. They do not need activation either by heat, water or solvent to apply a strong holding force on various materials such as plastic, cement, metal, paper, and wood.
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Market Dynamics of the Middle-East and Africa Pressure Sensitive Adhesives (PSA) Market
Rapidly growing construction industry
Rapidly growing automotive industry
Volatility in the raw material prices
Stern environmental regulations to reduce VOC emissions
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Middle-East and Africa Pressure Sensitive Adhesives (PSA) Market Segmentation
The Middle-East and African pressure sensitive adhesives (PSA) market can be broadly segmented on the basis of technology (water-borne, solvent-borne, hot melt, and radiation) and on the basis of application (tapes, labels, graphics, and others). The market has also been geographically segmented into Saudi Arabia, South Africa, and the Rest of Middle-East & Africa.
In terms of consumption in 2015, the Saudi Arabia led the market with a share of XX.XX%. The growing construction industry, owing to the growing tourism industry and business opportunities, has made the region an area of immense potential and opportunities.
Furthermore, the adoption of bio-based pressure sensitive adhesives and development of high-performance pressure sensitive adhesive tapes by the manufacturers will offer numerous opportunities for the growth of the Middle-East and African pressure sensitive adhesives (PSA) market. Some of the major companies dominating this market for its products, services, and continuous product developments are:
Arkema Group (Bostik SA)
Collano Adhesives AG
Key Deliverables in the Study
Market analysis for the Middle-East and African pressure sensitive adhesives (PSA) market, with region specific assessments and competition analysis.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the Middle-East and African pressure sensitive adhesives (PSA) market on a regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is growing and to also identify the regions that are still untapped.
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