| Product Code: ETC8637379 | 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 |
In 2024, Nigeria continued to see significant imports of two-part adhesive products, with top exporting countries including China, Thailand, USA, Turkey, and Portugal. The market remained highly concentrated, indicating strong competition among these key players. Despite a notable compound annual growth rate (CAGR) of 10.37% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -17.28%. This trend suggests a potential shift in market dynamics or external factors impacting the industry, highlighting the importance of monitoring future developments in the Nigerian adhesive market.

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 Two Part Adhesive Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Two Part Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Two Part Adhesive Market - Industry Life Cycle |
3.4 Nigeria Two Part Adhesive Market - Porter's Five Forces |
3.5 Nigeria Two Part Adhesive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Two Part Adhesive Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Two Part Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in construction activities and infrastructure development in Nigeria |
4.2.2 Growth in automotive and transportation sectors leading to higher demand for adhesives |
4.2.3 Rising awareness about the benefits of using two-part adhesives over traditional methods |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative bonding technologies such as welding and mechanical fastening |
5 Nigeria Two Part Adhesive Market Trends |
6 Nigeria Two Part Adhesive Market, By Types |
6.1 Nigeria Two Part Adhesive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Two Part Adhesive Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Two Part Adhesive Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.1.4 Nigeria Two Part Adhesive Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.5 Nigeria Two Part Adhesive Market Revenues & Volume, By MMA, 2021- 2031F |
6.1.6 Nigeria Two Part Adhesive Market Revenues & Volume, By Silicone, 2021- 2031F |
6.1.7 Nigeria Two Part Adhesive Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Two Part Adhesive Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Two Part Adhesive Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.3 Nigeria Two Part Adhesive Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Nigeria Two Part Adhesive Market Revenues & Volume, By Electronics, 2021- 2031F |
6.2.5 Nigeria Two Part Adhesive Market Revenues & Volume, By Aviation, 2021- 2031F |
6.2.6 Nigeria Two Part Adhesive Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Two Part Adhesive Market Import-Export Trade Statistics |
7.1 Nigeria Two Part Adhesive Market Export to Major Countries |
7.2 Nigeria Two Part Adhesive Market Imports from Major Countries |
8 Nigeria Two Part Adhesive Market Key Performance Indicators |
8.1 Research and development investment in new adhesive formulations |
8.2 Adoption rate of two-part adhesives in key industries |
8.3 Number of partnerships or collaborations with local distributors or manufacturers |
8.4 Rate of adoption of eco-friendly and sustainable adhesive solutions in the market |
9 Nigeria Two Part Adhesive Market - Opportunity Assessment |
9.1 Nigeria Two Part Adhesive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Two Part Adhesive Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Two Part Adhesive Market - Competitive Landscape |
10.1 Nigeria Two Part Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Two Part Adhesive 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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