Market Forecast By Resin Type (Polyacrylic Ester, Polyvinyl Acetate, Vinyl Acetate Ethylene, Synthetic Rubber, Polyamide, Ethylene Vinyl Acetate, Polyurethane, Others), By Formulating Technology (Water-based, Solvent-based, Hot Melt, Reactive & Others), By Application (Paper & Packaging, Building & Construction, Wood-working, Transportation, Consumer/diy, Leather & Footwear, Others) And Competitive Landscape
Product Code: ETC233452 | Publication Date: Aug 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | Egypt Adhesive Resin Market |
Forecast period | 2025-2031 |
CAGR | 6.9% |
Growing Sector | Building & Construction |
Egypt Adhesive Resin Market report thoroughly covers the market by resin type, by formulating technology, and by application. The market outlook 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.
Egypt has a strong demand for adhesive resin, which is widely used in various sectors such as construction, automotive, packaging, and consumer goods. The country's growing economy and increasing investments have led to a significant growth of the adhesive resin market. With its strategic location and access to key markets in Africa and Europe, Egypt has become an attractive destination for adhesive resin manufacturers.
According to 6Wresearch, the Egypt Adhesive Resin Market size is projected to reach at a CAGR of 6.9% during the forecast period 2025-2031. One of the major drivers of the adhesive resin market in Egypt is the country's growing construction industry. The government's focus on infrastructure development and urbanization projects have created a high demand for adhesives in various construction applications such as flooring, insulation, and roofing.
Additionally, the automotive industry in Egypt is also on the rise, providing a boost to the demand for adhesives in manufacturing processes. Moreover, with an increasing population and rising disposable incomes, there has been a surge in consumer goods consumption in Egypt. This has led to a higher demand for packaging materials, which further drives the market for adhesive resin. Additionally, with a growing population and rising disposable incomes, there is expected to be a further surge in consumer goods consumption, leading to an increased demand for packaging materials. This, in turn, will boost the Egypt Adhesive Resin Market growth.
The Egyptian government has implemented several initiatives aimed at bolstering the adhesive resin market within the nation. These initiatives include tax incentives for manufacturers who engage in research and development to produce sustainable adhesive products. Policies have also been introduced to encourage the establishment of local manufacturing units, which are intended to reduce reliance on imported technology and foster innovation within the domestic market. Furthermore, the government has committed to infrastructure developments that facilitate distribution and logistics efficiency for producers and suppliers.
The adhesive resin market in Egypt comprises a mix of international and local players. Some key figures include Henkel Egypt and 3M Egypt, multinational corporations with a strong presence in the region. On the other hand, local enterprises such as Egypt Adhesive Products Co. have been making significant strides in the market.
The Egypt adhesive resin industry is expected to evolve with a stronger focus on sustainability and eco-friendliness. Market players are likely to pivot towards using renewable resources and reducing the carbon footprint of their production processes to appeal to environmentally conscious consumers. The market is also anticipated to expand its reach into new application areas, such as in renewable energy and electric vehicle manufacturing, thereby opening up new avenues for growth and development. With continuous investment in research and technology, the Egyptian adhesive resin market is set for a dynamic and transformative future.
According to Dhaval, Research Manager, 6Wresearch, Polyurethane stand is dominating the Egypt Adhesive Resin Market share. Polyurethane's versatility and superior bonding strength make it highly suitable for a wide range of applications, from construction projects to footwear manufacturing.
Market Analysis by Application, the Building & Construction segment emerges as a distinct area of growth within the Egyptian adhesive resin market. Current trends suggest that increased urban development and infrastructure projects are catalyzing the demand for adhesives in this segment.
The report offers a comprehensive study of the subsequent market segments:
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 Egypt Adhesive Resin Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Adhesive Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Egypt Adhesive Resin Market - Industry Life Cycle |
3.4 Egypt Adhesive Resin Market - Porter's Five Forces |
3.5 Egypt Adhesive Resin Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Egypt Adhesive Resin Market Revenues & Volume Share, By Formulating Technology, 2021 & 2031F |
3.7 Egypt Adhesive Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Egypt Adhesive Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Adhesive Resin Market Trends |
6 Egypt Adhesive Resin Market, By Types |
6.1 Egypt Adhesive Resin Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Egypt Adhesive Resin Market Revenues & Volume, By Resin Type, 2021 - 2031F |
6.1.3 Egypt Adhesive Resin Market Revenues & Volume, By Polyacrylic Ester, 2021 - 2031F |
6.1.4 Egypt Adhesive Resin Market Revenues & Volume, By Polyvinyl Acetate, 2021 - 2031F |
6.1.5 Egypt Adhesive Resin Market Revenues & Volume, By Vinyl Acetate Ethylene, 2021 - 2031F |
6.1.6 Egypt Adhesive Resin Market Revenues & Volume, By Synthetic Rubber, 2021 - 2031F |
6.1.7 Egypt Adhesive Resin Market Revenues & Volume, By Polyamide, 2021 - 2031F |
6.1.8 Egypt Adhesive Resin Market Revenues & Volume, By Ethylene Vinyl Acetate, 2021 - 2031F |
6.1.9 Egypt Adhesive Resin Market Revenues & Volume, By Others, 2021 - 2031F |
6.1.10 Egypt Adhesive Resin Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Egypt Adhesive Resin Market, By Formulating Technology |
6.2.1 Overview and Analysis |
6.2.2 Egypt Adhesive Resin Market Revenues & Volume, By Water-based, 2021 - 2031F |
6.2.3 Egypt Adhesive Resin Market Revenues & Volume, By Solvent-based, 2021 - 2031F |
6.2.4 Egypt Adhesive Resin Market Revenues & Volume, By Hot Melt, 2021 - 2031F |
6.2.5 Egypt Adhesive Resin Market Revenues & Volume, By Reactive & Others, 2021 - 2031F |
6.3 Egypt Adhesive Resin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Egypt Adhesive Resin Market Revenues & Volume, By Paper & Packaging, 2021 - 2031F |
6.3.3 Egypt Adhesive Resin Market Revenues & Volume, By Building & Construction, 2021 - 2031F |
6.3.4 Egypt Adhesive Resin Market Revenues & Volume, By Wood-working, 2021 - 2031F |
6.3.5 Egypt Adhesive Resin Market Revenues & Volume, By Transportation, 2021 - 2031F |
6.3.6 Egypt Adhesive Resin Market Revenues & Volume, By Consumer/diy, 2021 - 2031F |
6.3.7 Egypt Adhesive Resin Market Revenues & Volume, By Leather & Footwear, 2021 - 2031F |
7 Egypt Adhesive Resin Market Import-Export Trade Statistics |
7.1 Egypt Adhesive Resin Market Export to Major Countries |
7.2 Egypt Adhesive Resin Market Imports from Major Countries |
8 Egypt Adhesive Resin Market Key Performance Indicators |
9 Egypt Adhesive Resin Market - Opportunity Assessment |
9.1 Egypt Adhesive Resin Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Egypt Adhesive Resin Market Opportunity Assessment, By Formulating Technology, 2021 & 2031F |
9.3 Egypt Adhesive Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Egypt Adhesive Resin Market - Competitive Landscape |
10.1 Egypt Adhesive Resin Market Revenue Share, By Companies, 2024 |
10.2 Egypt Adhesive Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |