| Product Code: ETC8623839 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a negative compound annual growth rate (CAGR) of -15.45% from 2020 to 2024, the Nigeria elastomeric sealants import market saw a further decline with a growth rate of -22.35% in 2023-24. Top exporting countries such as Egypt, UK, China, Turkey, and USA continue to supply to Nigeria, indicating a diverse market. The Herfindahl-Hirschman Index (HHI) remaining at low concentration in 2024 suggests a competitive landscape with no dominant players. It will be interesting to monitor how market dynamics and trade relationships evolve in the coming years.

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 Elastomeric Sealants Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Elastomeric Sealants Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Elastomeric Sealants Market - Industry Life Cycle |
3.4 Nigeria Elastomeric Sealants Market - Porter's Five Forces |
3.5 Nigeria Elastomeric Sealants Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Elastomeric Sealants Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Nigeria Elastomeric Sealants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Elastomeric Sealants Market Trends |
6 Nigeria Elastomeric Sealants Market, By Types |
6.1 Nigeria Elastomeric Sealants Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Elastomeric Sealants Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Elastomeric Sealants Market Revenues & Volume, By Polysulfide (PS), 2021- 2031F |
6.1.4 Nigeria Elastomeric Sealants Market Revenues & Volume, By Polyurethane (PU), 2021- 2031F |
6.1.5 Nigeria Elastomeric Sealants Market Revenues & Volume, By Polybutadiene (PB), 2021- 2031F |
6.1.6 Nigeria Elastomeric Sealants Market Revenues & Volume, By Silicone, 2021- 2031F |
6.1.7 Nigeria Elastomeric Sealants Market Revenues & Volume, By Acrylic, 2021- 2031F |
6.1.8 Nigeria Elastomeric Sealants Market Revenues & Volume, By Silyl Modified Polymer (SMP), 2021- 2031F |
6.2 Nigeria Elastomeric Sealants Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Elastomeric Sealants Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.3 Nigeria Elastomeric Sealants Market Revenues & Volume, By Automotive and Transportation, 2021- 2031F |
6.2.4 Nigeria Elastomeric Sealants Market Revenues & Volume, By Electronics, 2021- 2031F |
6.2.5 Nigeria Elastomeric Sealants Market Revenues & Volume, By Furniture and Woodworks, 2021- 2031F |
6.2.6 Nigeria Elastomeric Sealants Market Revenues & Volume, By Aerospace and Defense, 2021- 2031F |
6.2.7 Nigeria Elastomeric Sealants Market Revenues & Volume, By Marine, 2021- 2031F |
7 Nigeria Elastomeric Sealants Market Import-Export Trade Statistics |
7.1 Nigeria Elastomeric Sealants Market Export to Major Countries |
7.2 Nigeria Elastomeric Sealants Market Imports from Major Countries |
8 Nigeria Elastomeric Sealants Market Key Performance Indicators |
9 Nigeria Elastomeric Sealants Market - Opportunity Assessment |
9.1 Nigeria Elastomeric Sealants Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Elastomeric Sealants Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Nigeria Elastomeric Sealants Market - Competitive Landscape |
10.1 Nigeria Elastomeric Sealants Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Elastomeric Sealants 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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