Kenya Adhesives and sealants Market (2024-2030) | Trends, Value, Size, Outlook, Industry, Companies, Analysis, Share, Growth, Revenue & Forecast

Market Forecast By Formulation Technology (Water-based, Solvent-based, Hot melt, Reactive & Others), By Application (Paper & Packaging, Building & Construction, Woodworking, Consumer/DIY, Automotive & Transportation, Leather & Footwear, Assembly, Others), By Resin Type (Silicone, Polyurethane, Plastisol, Emulsion, Polysulfide, Butyl, Others) And Competitive Landscape

Product Code: ETC018610 Publication Date: Jun 2023 Updated Date: Sep 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Kenya Adhesives And Sealants Market Competition 2024

Kenya Adhesives And Sealants market currently, in 2024, has witnessed an HHI of 1753, Which has increased slightly as compared to the HHI of 866 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

Kenya Adhesives And Sealants Market Competition 2024

Kenya Export Potential Assessment For Adhesives and sealants Market (Values in USD Thousand)


topic

Kenya Adhesives and Sealants Marketย Highlights

Report Name Kenya Adhesives and Sealants Marketย 
Forecast period 2024-2030
CAGR 8.3%
Growing Sector Building & Construction

Topics Covered in Kenya Adhesives and Sealants Market Report

The Kenya Adhesives and Sealants Market report thoroughly covers the market by Formulation Technology, Application, and Resin Type. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Kenya Adhesives and Sealants Market Synopsis

The Kenya Adhesives and Sealants Market is witnessing robust growth, driven by increasing demand from various industries, particularly in the construction sector.

According to 6Wresearch, the Kenya Adhesives and Sealants Market is projected to grow at a CAGR of 8.3% from 2024-2030. The building and construction sector is emerging as the fastest-growing segment, fueled by infrastructural development and urbanization across the country. The rising demand for sustainable and eco-friendly products, coupled with advancements in adhesive technology, is further propelling market growth. Additionally, the expanding automotive and packaging industries are contributing to the increased consumption of adhesives and sealants in Kenya.

However, the market faces challenges, including fluctuating raw material prices and stringent environmental regulations. The dependence on imported raw materials makes the market vulnerable to price volatility, impacting profitability. Moreover, adhering to environmental standards, particularly for solvent-based adhesives, poses challenges for manufacturers, necessitating investments in research and development for sustainable alternatives.

Kenya Adhesives and Sealants Market: Leading Players

Leading players in the Kenya Adhesives and Sealants Market include Henkel AG & Co. KGaA, Sika AG, and 3M Company. Henkel AG & Co. KGaA is known for its innovative water-based adhesives, which are widely used in packaging and woodworking applications. Sika AG specializes in high-performance sealants for the construction industry, offering solutions that enhance building durability. 3M Company provides a comprehensive range of adhesives and sealants, including hot melt and reactive formulations, catering to diverse industrial needs.

Kenya Adhesives and Sealants Industry: Government Initiatives

The Kenyan government is actively supporting the growth of the adhesives and sealants market through various initiatives. These include policies aimed at promoting local manufacturing and reducing reliance on imports. Efforts to enhance infrastructure development and improve building standards are also driving the demand for high-quality adhesives and sealants. Moreover, government regulations encouraging the use of eco-friendly and low-emission products are pushing manufacturers to develop sustainable alternatives. Additionally, initiatives to attract foreign investment in the construction and automotive sectors are expected to further stimulate market growth.

Future Insights of the Market

The Kenya Adhesives and Sealants Market is anticipated to witness significant growth over the next five years. Market growth is expected to be driven by technological advancements in adhesive formulations and a growing preference for sustainable products. The increasing demand for energy-efficient and environmentally friendly adhesives, coupled with the rising use of advanced sealants in construction, is likely to influence the market. Additionally, the automotive and packaging industries are expected to see substantial growth, contributing to the overall expansion of the adhesives and sealants market. In brief, the market will continue to evolve with a focus on innovation and sustainability, meeting the diverse needs of various industries in Kenya.

Market Segmentation By Formulation Technology

According to Ravi Bhandari, Research Head, 6Wresearch, water-based adhesives are leading the market due to their widespread use in applications requiring eco-friendly and sustainable solutions.

Market Segmentation By Application

The building and construction sector is the dominant application, driven by ongoing infrastructure projects and urbanization efforts across Kenya.

Market Segmentation By Resin Type

Silicone and polyurethane resins are in high demand, particularly in construction and automotive applications, due to their superior performance and durability.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Kenya Adhesives and sealants Market Outlook
  • Market Size of Kenya Adhesives and sealants Market, 2023
  • Forecast of Kenya Adhesives and sealants Market, 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Revenues & Volume for the Period 2020 - 2030
  • Kenya Adhesives and sealants Market Trend Evolution
  • Kenya Adhesives and sealants Market Drivers and Challenges
  • Kenya Adhesives and sealants Price Trends
  • Kenya Adhesives and sealants Porter's Five Forces
  • Kenya Adhesives and sealants Industry Life Cycle
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Formulation Technology for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Water-based for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Solvent-based for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Hot melt for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Reactive & Others for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Application for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Paper & Packaging for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Building & Construction for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Woodworking for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Consumer/DIY for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Automotive & Transportation for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Leather & Footwear for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Assembly for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Resin Type for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Silicone for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Polyurethane for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Plastisol for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Emulsion for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Polysulfide for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Butyl for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Adhesives and sealants Market Revenues & Volume By Others for the Period 2020 - 2030
  • Kenya Adhesives and sealants Import Export Trade Statistics
  • Market Opportunity Assessment By Formulation Technology
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Resin Type
  • Kenya Adhesives and sealants Top Companies Market Share
  • Kenya Adhesives and sealants Competitive Benchmarking By Technical and Operational Parameters
  • Kenya Adhesives and sealants Company Profiles
  • Kenya Adhesives and sealants Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Formulation Technology

  • Water-Based
  • Solvent-Based
  • Hot Melt
  • Reactive
  • Others

By Application

  • Paper & Packaging
  • Building & Construction
  • Woodworking
  • Consumer/DIY
  • Automotive & Transportation
  • Leather & Footwear
  • Assembly
  • Others

By Resin Type

  • Silicone
  • Polyurethane
  • Plastisol
  • Emulsion
  • Polysulfide
  • Butyl
  • Others
Kenya Adhesives and sealants Market (2024-2030): FAQs
The Kenya Adhesives and Sealants Market is projected to grow at a CAGR of 8.3% from 2024 to 2030.
The building and construction sector is the primary driver of market growth, supported by infrastructural development and urbanization efforts.
Key challenges include fluctuating raw material prices and stringent environmental regulations, particularly for solvent-based adhesives.
Leading players include Henkel AG & Co. KGaA, Sika AG, and 3M Company, known for their innovative and high-performance adhesive and sealant products.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Kenya Adhesives and sealants Market Overview
3.1 Kenya Country Macro Economic Indicators
3.2 Kenya Adhesives and sealants Market Revenues & Volume, 2020 & 2030F
3.3 Kenya Adhesives and sealants Market - Industry Life Cycle
3.4 Kenya Adhesives and sealants Market - Porter's Five Forces
3.5 Kenya Adhesives and sealants Market Revenues & Volume Share, By Formulation Technology, 2020 & 2030F
3.6 Kenya Adhesives and sealants Market Revenues & Volume Share, By Application, 2020 & 2030F
3.7 Kenya Adhesives and sealants Market Revenues & Volume Share, By Resin Type, 2020 & 2030F
4 Kenya Adhesives and sealants Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Kenya Adhesives and sealants Market Trends
6 Kenya Adhesives and sealants Market, By Types
6.1 Kenya Adhesives and sealants Market, By Formulation Technology
6.1.1 Overview and Analysis
6.1.2 Kenya Adhesives and sealants Market Revenues & Volume, By Formulation Technology, 2020 - 2030F
6.1.3 Kenya Adhesives and sealants Market Revenues & Volume, By Water-based, 2020 - 2030F
6.1.4 Kenya Adhesives and sealants Market Revenues & Volume, By Solvent-based, 2020 - 2030F
6.1.5 Kenya Adhesives and sealants Market Revenues & Volume, By Hot melt, 2020 - 2030F
6.1.6 Kenya Adhesives and sealants Market Revenues & Volume, By Reactive & Others, 2020 - 2030F
6.2 Kenya Adhesives and sealants Market, By Application
6.2.1 Overview and Analysis
6.2.2 Kenya Adhesives and sealants Market Revenues & Volume, By Paper & Packaging, 2020 - 2030F
6.2.3 Kenya Adhesives and sealants Market Revenues & Volume, By Building & Construction, 2020 - 2030F
6.2.4 Kenya Adhesives and sealants Market Revenues & Volume, By Woodworking, 2020 - 2030F
6.2.5 Kenya Adhesives and sealants Market Revenues & Volume, By Consumer/DIY, 2020 - 2030F
6.2.6 Kenya Adhesives and sealants Market Revenues & Volume, By Automotive & Transportation, 2020 - 2030F
6.2.7 Kenya Adhesives and sealants Market Revenues & Volume, By Leather & Footwear, 2020 - 2030F
6.2.8 Kenya Adhesives and sealants Market Revenues & Volume, By Others, 2020 - 2030F
6.2.9 Kenya Adhesives and sealants Market Revenues & Volume, By Others, 2020 - 2030F
6.3 Kenya Adhesives and sealants Market, By Resin Type
6.3.1 Overview and Analysis
6.3.2 Kenya Adhesives and sealants Market Revenues & Volume, By Silicone, 2020 - 2030F
6.3.3 Kenya Adhesives and sealants Market Revenues & Volume, By Polyurethane, 2020 - 2030F
6.3.4 Kenya Adhesives and sealants Market Revenues & Volume, By Plastisol, 2020 - 2030F
6.3.5 Kenya Adhesives and sealants Market Revenues & Volume, By Emulsion, 2020 - 2030F
6.3.6 Kenya Adhesives and sealants Market Revenues & Volume, By Polysulfide, 2020 - 2030F
6.3.7 Kenya Adhesives and sealants Market Revenues & Volume, By Butyl, 2020 - 2030F
7 Kenya Adhesives and sealants Market Import-Export Trade Statistics
7.1 Kenya Adhesives and sealants Market Export to Major Countries
7.2 Kenya Adhesives and sealants Market Imports from Major Countries
8 Kenya Adhesives and sealants Market Key Performance Indicators
9 Kenya Adhesives and sealants Market - Opportunity Assessment
9.1 Kenya Adhesives and sealants Market Opportunity Assessment, By Formulation Technology, 2020 & 2030F
9.2 Kenya Adhesives and sealants Market Opportunity Assessment, By Application, 2020 & 2030F
9.3 Kenya Adhesives and sealants Market Opportunity Assessment, By Resin Type, 2020 & 2030F
10 Kenya Adhesives and sealants Market - Competitive Landscape
10.1 Kenya Adhesives and sealants Market Revenue Share, By Companies, 2023
10.2 Kenya Adhesives and sealants Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All