Middle East Silicone Sealants Market: Industry Analysis, Segmentation (By product, By End-User, By Region), Trends, Opportunity Assessment, Y-O-Y Growth Analysis, Market Size

Market Overview

Middle East chemical industry has huge economic significance and is increasingly becoming customer-focused, competitive and dynamic. The chemical industry is the oldest in the Middle East region and also is the building block of various other industries majorly the manufacturing industry. Demand for silicone sealants is largely driven by the demand from the manufacturing and construction industry. Sealants are an important component in some of the crucial industries that are used to seal and joint various materials including steel and polymers. Moreover, the large chemical industry is also inducing the growth of the market in terms of production and utilization of the sealants. By region, Saudi Arabia chemical industry recorded the highest growth rate by 12.7% followed by Kuwait, Qatar, and Oman. This development had spurred the demand for silicone sealants and in near future, it is expected to continue to grow for the emerging construction project opportunities. Advancements in the silicone sealants manufacturing are witnessed in the region in order to improve the strength, longevity, durability, and holding and joining features. Further, there are certain challenges faced by the silicone sealants industry related to adverse environmental impacts. Chemicals used in the construction activities react with the environmental gasses which are harmful to the living beings over the long period of time.

Middle East Silicone Sealants Market Segmentation

By Product

• Acetic Silicone Sealant

• Neutral Silicone Sealant

• Structural Silicone Sealant
• Others

By End-User

• Automobile Industry
• Construction Industry
• Packaging Industry
• Hardware and ICT Market
• Others (Furniture, Footwear, etc.)

By Geography

• Saudi Arabia Silicone Sealants Market {Market Share (%), Market Size (USD Billion)}
• Qatar Silicone Sealants Market {Market Share (%), Market Size (USD Billion)}
• UAE Silicone Sealants Market {Market Share (%), Market Size (USD Billion)}
• Oman Silicone Sealants Market {Market Share (%), Market Size (USD Billion)}
• Kuwait Silicone Sealants Market {Market Share (%), Market Size (USD Billion)}
• Bahrain Silicone Sealants Market {Market Share (%), Market Size (USD Billion)}
• Rest of Middle East Silicone Sealants Market {Market Share (%), Market Size (USD Billion)}

Market Share by Geography

Based on geography, the Saudi Arabia region accounted for the largest market share of 24.8% in 2017 followed by UAE, Qatar, and Oman. The rising demand from infrastructure construction, manufacturing and other industries on the back of declining oil and gas industry in future are increasing the application of sealants in the region.

Covered In This Middle East Silicone Sealants Market Report    

The report covers the present ground scenario and the future growth prospects of the silicone 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 Middle East region.

Middle East Silicone sealants Market Outlook 2017-2030, has been prepared based on an in-depth market analysis from market experts. The report covers the competitive landscape and current position of major players in the Middle East silicone 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. “Middle East Silicone 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 Player

Our Middle East silicone sealants market report comprises of the following companies as the key players: BASF, Henkel, H.B. Fuller, Sika, 3M, Dow, Hernon Manufacturing, Pidilite, etc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the 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 Middle East Silicone 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 Middle East silicone sealants market
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• Position yourself to gain the maximum advantage of the Middle East silicone sealants market’s growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy, and prospects