Market Size of Middle-East and Africa Polyurethane (PU) Hot-melt Adhesives Industry
Study Period | 2018 - 2028 |
Base Year For Estimation | 2021 |
Forecast Data Period | 2024 - 2028 |
Historical Data Period | 2018 - 2020 |
CAGR | > 6.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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MEA Polyurethane Hot Melt Adhesive Market Analysis
The Middle-East and Africa polyurethane (PU) hot-melt adhesives market is estimated to witness a significant growth, at an estimated CAGR of over 6%, over the forecast period. Increasing demand from the packaging industry in the region and booming woodworking industry in the United Arab Emirates are expected to drive the market during the forecast period.
- Adoption of bio-based hot-melt adhesives are projected to create opportunities to the market growth in the coming years.
- South Africa is expected to dominate the market and is also expected to witness the fastest CAGR during the forecast period.