GCC Polyurethane Sealants Industry: Market Forecast, Segmentation, Growth Driver, Outlook, SWOT Analysis, Size, & Trends 2017-2030

Market Overview

Sealants are an important component in some of the crucial industries that are used to seal and joint various materials including steel and polymers. In recent years, the sealants market has increased by 4% annually, on the back of growth in the major end-users market such as the construction industry. The huge manufacturing and construction industry of the GCC region is driving the growth of polyurethane sealants market by manufacturing, demand, and supply of polyurethane sealants. Materials are the building block of the construction industry and sealants is one of them. Continuous advancements in the manufacturing and application of polyurethane sealants are witnessed in order to improve the strength, longevity, durability, holding and joining features.

Technologically advanced hybrid urethanes are solvent-free, high UV and color stability and excellent adhesion to metals and difficult substrates as compared to silicone sealants. GCC chemical industry is one of the oldest industries in the region, with highest growth rates shown in Saudi Arabia followed by Kuwait, Qatar, and Oman and over the forecast period, it is expected to grow at a significant growth rate. Further, there are certain challenges faced by the polyurethane sealants industry related to adverse environmental impacts. Isocyanate groups used in polyurethane sealants react with the environmental gasses which are harmful to the living beings over the long period of time.

GCC Polyurethane Sealants Market Segmentation

By Type

• One-Component Polyurethane Sealants
• Two-Component Polyurethane Sealants

By End-User

• Automobile Industry
• Construction Industry
• Packaging Industry
• Others

By Geography

• Saudi Arabia Polyurethane sealants Market {Market Share (%), Market Size (USD Billion)}
• Qatar Polyurethane sealants Market {Market Share (%), Market Size (USD Billion)}
• UAE Polyurethane sealants Market {Market Share (%), Market Size (USD Billion)}
• Oman Polyurethane sealants Market {Market Share (%), Market Size (USD Billion)}
• Kuwait Polyurethane sealants Market {Market Share (%), Market Size (USD Billion)}
• Bahrain Polyurethane sealants Market {Market Share (%), Market Size (USD Billion)}

Market Share by Product Type & Geography

One-component polyurethane segment acquired the largest market share of 55.3% in 2017 on the back of rising demand from the manufacturing industry and the construction projects taken up in the region.

Based on geography, the Saudi Arabia region accounted for the largest market share of 28.6% in 2017 followed by UAE, Qatar, and Oman. The rising investments in infrastructure, automobiles and other industries are increasing the application of polyurethane sealants in the region.

Covered in This GCC Polyurethane Sealants Industry Report

The report covers the present ground scenario and the future growth prospects of the polyurethane sealants market for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the GCC region.

GCC Polyurethane sealants Market Outlook 2017-2030, has been prepared based on an in-depth market analysis from farm market experts. The report covers the competitive landscape and current position of major players in the GCC polyurethane sealants market space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “GCC Polyurethane sealants Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.

Key Market Players

Our GCC polyurethane sealants market report comprises of the following companies as the key players: BASF, Henkel, H.B. Fuller, Sika, 3M, Dow, Hernon Manufacturing, Pidilite, Construction Material Chemical Industries (CMCI), Al-Jazea, etc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the farm market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this GCC Polyurethane sealants Market Report

• What is the total market size by 2030 and what would be the expected growth rate of the market?
• What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry-level players?
• What are the recent developments and business strategy of the key players?

Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for GCC polyurethane sealants market
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• Position yourself to gain the maximum advantage of the GCC polyurethane sealants market’s growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy, and prospects.