Product Code: ETC105359 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The United Arab Emirates Polymer Binders Market is projected to witness mixed growth rate patterns during 2025 to 2029. Although the growth rate starts strong at 12.05% in 2025, it steadily loses momentum, ending at 10.74% by 2029.
The United Arab Emirates (UAE) polymer binders market has experienced significant growth in recent years. Polymer binders are essential components used in various industries, including construction, paints and coatings, adhesives, textiles, and more. These binders play a crucial role in enhancing the performance and durability of end products. The rapid development of the UAE infrastructure, coupled with the flourishing construction and automotive sectors, has fueled the demand for polymer binders in the country. Moreover, the increasing focus on sustainable and eco-friendly materials has also contributed to the market`s expansion, as polymer binders offer superior properties compared to traditional binders.
Several factors have contributed to the robust growth of the polymer binders market in the UAE. One of the primary drivers is the booming construction industry in the region. With ongoing projects and ambitious plans for infrastructure development, the demand for polymer binders in applications like mortars, concrete, and gypsum-based products has surged. Additionally, the rising adoption of polymer binders in the paints and coatings industry, driven by their ability to enhance adhesion and flexibility, has further stimulated market growth. Furthermore, the UAE government`s initiatives to promote sustainable construction practices and reduce the carbon footprint have encouraged the use of environmentally friendly materials like polymer binders.
Despite its significant growth potential, the UAE polymer binders market also faces some challenges. One of the key challenges is the volatility of raw material prices. Fluctuations in crude oil prices, which are used as feedstock for polymer binders, can impact the manufacturing costs and, subsequently, the product pricing. Additionally, the market faces competition from alternative binders and additives, such as natural resins and chemical admixtures, which may hinder the market`s growth. Moreover, the need for continuous research and development to improve the performance of polymer binders and meet evolving customer demands poses a challenge for manufacturers.
The outbreak of the Covid-19 pandemic had a notable impact on the UAE polymer binders market. The construction sector, which is one of the significant consumers of polymer binders, faced disruptions due to temporary lockdowns, supply chain disruptions, and labor shortages. This led to project delays and reduced demand for binders during the initial phases of the pandemic. However, as the situation improved and restrictions eased, construction activities resumed, contributing to the market`s recovery. Additionally, the increased demand for hygiene and sanitization products, such as adhesives for medical equipment and packaging, presented new opportunities for polymer binder manufacturers during the pandemic.
Companies such as BASF SE, Dow Chemical Company, Wacker Chemie AG, Arkema Group, and Sika AG are some of the prominent players in the market. These companies are continuously investing in research and development to introduce innovative products and expand their market presence. Moreover, strategic collaborations, mergers, and acquisitions have also been observed among key players to strengthen their market position and cater to the growing demand in the UAE and the broader Middle East region.
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 United Arab Emirates (UAE) Polymer Binders Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Polymer Binders Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Polymer Binders Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 United Arab Emirates (UAE) Polymer Binders Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Polymer Binders Market Trends |
6 United Arab Emirates (UAE) Polymer Binders Market, By Types |
6.1 United Arab Emirates (UAE) Polymer Binders Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume, By Acrylic, 2018 - 2031F |
6.1.4 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume, By Vinyl Acetate, 2018 - 2031F |
6.1.5 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume, By Latex, 2018 - 2031F |
6.2 United Arab Emirates (UAE) Polymer Binders Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume, By Liquid, 2018 - 2031F |
6.2.3 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume, By Powder, 2018 - 2031F |
6.2.4 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume, By High Solids, 2018 - 2031F |
6.3 United Arab Emirates (UAE) Polymer Binders Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume, By Architectural Coatings, 2018 - 2031F |
6.3.3 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume, By Adhesives and Sealants, 2018 - 2031F |
6.3.4 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume, By Textile and Carpets, 2018 - 2031F |
6.3.5 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume, By Paper and Board, 2018 - 2031F |
6.3.6 United Arab Emirates (UAE) Polymer Binders Market Revenues & Volume, By Construction Additives, 2018 - 2031F |
7 United Arab Emirates (UAE) Polymer Binders Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Polymer Binders Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Polymer Binders Market Imports from Major Countries |
8 United Arab Emirates (UAE) Polymer Binders Market Key Performance Indicators |
9 United Arab Emirates (UAE) Polymer Binders Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Polymer Binders Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Polymer Binders Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Polymer Binders Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 United Arab Emirates (UAE) Polymer Binders Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Polymer Binders Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Polymer Binders Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |