| Product Code: ETC8617432 | Publication Date: Sep 2024 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a slight decline in growth rate from 2023 to 2024, Nigeria`s import of acrylic adhesives continues to show a strong Compound Annual Growth Rate (CAGR) of 10.37% from 2020 to 2024. The top exporting countries to Nigeria in 2024 include China, Thailand, USA, Turkey, and Portugal, indicating a diverse source of supply. However, the market remains highly concentrated, as shown by the high Herfindahl-Hirschman Index (HHI), reflecting potential challenges for new market entrants. Overall, the acrylic adhesives import market in Nigeria presents opportunities and competitive dynamics for industry players to navigate.

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 Nigeria Acrylic Adhesives Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Acrylic Adhesives Market Revenues & Volume, 2022 & 2032F |
3.3 Nigeria Acrylic Adhesives Market - Industry Life Cycle |
3.4 Nigeria Acrylic Adhesives Market - Porter's Five Forces |
3.5 Nigeria Acrylic Adhesives Market Revenues & Volume Share, By End Use Industry, 2022 & 2032F |
3.6 Nigeria Acrylic Adhesives Market Revenues & Volume Share, By Technology, 2022 & 2032F |
4 Nigeria Acrylic Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure projects in Nigeria leading to increased demand for acrylic adhesives. |
4.2.2 Rising adoption of acrylic adhesives in the automotive sector for lightweight bonding solutions. |
4.2.3 Increasing focus on sustainable and environmentally friendly adhesive solutions driving the demand for acrylic adhesives. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production cost of acrylic adhesives. |
4.3.2 Intense competition from alternative adhesive technologies affecting market penetration. |
5 Nigeria Acrylic Adhesives Market Trends |
6 Nigeria Acrylic Adhesives Market, By Types |
6.1 Nigeria Acrylic Adhesives Market, By End Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Acrylic Adhesives Market Revenues & Volume, By End Use Industry, 2022 - 2032F |
6.1.3 Nigeria Acrylic Adhesives Market Revenues & Volume, By Aerospace, 2022 - 2032F |
6.1.4 Nigeria Acrylic Adhesives Market Revenues & Volume, By Automotive, 2022 - 2032F |
6.1.5 Nigeria Acrylic Adhesives Market Revenues & Volume, By Building and Construction, 2022 - 2032F |
6.1.6 Nigeria Acrylic Adhesives Market Revenues & Volume, By Footwear and Leather, 2022 - 2032F |
6.1.7 Nigeria Acrylic Adhesives Market Revenues & Volume, By Healthcare, 2022 - 2032F |
6.2 Nigeria Acrylic Adhesives Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Acrylic Adhesives Market Revenues & Volume, By Reactive, 2022 - 2032F |
6.2.3 Nigeria Acrylic Adhesives Market Revenues & Volume, By Solvent-borne, 2022 - 2032F |
6.2.4 Nigeria Acrylic Adhesives Market Revenues & Volume, By UV Cured Adhesives, 2022 - 2032F |
6.2.5 Nigeria Acrylic Adhesives Market Revenues & Volume, By Water-borne, 2022 - 2032F |
7 Nigeria Acrylic Adhesives Market Import-Export Trade Statistics |
7.1 Nigeria Acrylic Adhesives Market Export to Major Countries |
7.2 Nigeria Acrylic Adhesives Market Imports from Major Countries |
8 Nigeria Acrylic Adhesives Market Key Performance Indicators |
8.1 Adoption rate of acrylic adhesives in new construction projects in Nigeria. |
8.2 Percentage increase in the use of acrylic adhesives in the automotive industry. |
8.3 Number of new environmentally friendly acrylic adhesive products introduced to the market. |
9 Nigeria Acrylic Adhesives Market - Opportunity Assessment |
9.1 Nigeria Acrylic Adhesives Market Opportunity Assessment, By End Use Industry, 2022 & 2032F |
9.2 Nigeria Acrylic Adhesives Market Opportunity Assessment, By Technology, 2022 & 2032F |
10 Nigeria Acrylic Adhesives Market - Competitive Landscape |
10.1 Nigeria Acrylic Adhesives Market Revenue Share, By Companies, 2025 |
10.2 Nigeria Acrylic Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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