Report Overview

South Africa Adhesives and Sealants Market – Industry Trends & Forecast Report, 2030

South Africa Adhesives and Sealants Market size was estimated at USD 0.43 billion in 2023. During the forecast period between 2024 and 2029, the size of South Africa Adhesives and Sealants Market is projected to grow at a CAGR of 4.37% reaching a value of USD 0.58 billion by 2030. The driving factors of the South Africa Adhesives and Sealants Market include robust industrial growth, increasing construction activities, and a thriving automotive sector. The demand for adhesives and sealants is fueled by infrastructure development, a rising focus on energy-efficient buildings, and expanding applications in manufacturing. Technological advancements, coupled with growing awareness about environmental sustainability, contribute to the market expansion. Additionally, the surge in maintenance and repair operations across various industries further propels the demand for adhesives and sealants in South Africa, fostering market growth and innovations.

Adhesives and Sealants – Overview

Adhesives and sealants are versatile substances used to bond and seal materials used in various industries. Adhesives create strong bonds between surfaces, promoting structural integrity and enabling diverse applications in construction, automotive, electronics, and more. Sealants, on the other hand, provide a protective barrier against moisture, chemicals, and environmental factors, preventing leaks and enhancing durability. The essential materials play a crucial role in manufacturing, repair, and maintenance, offering efficient solutions for joining and sealing diverse materials, including metals, plastics, and composites. The continuous development of advanced formulations contributes to improved performance and adaptability in ever-evolving industrial processes.

South Africa Adhesives and Sealants Market

Growth Drivers

Growing Construction Industry

South Africa Adhesives and Sealants Market experience a robust growth driver with the expanding construction industry. As infrastructure development and urbanization thrive, there is a heightened demand for advanced adhesive and sealant solutions. The surge is attributed to the crucial role these materials play in enhancing construction efficiency, durability, and sustainability. The rising number of residential, commercial, and infrastructure projects fuels the market, with manufacturers continually innovating to meet diverse construction needs. The growth driver signifies a symbiotic relationship, where the flourishing construction sector propels the South African Adhesives and Sealants Market to new heights, fostering economic development.

Challenges

Informal Sector Practices

Challenges in regulatory oversight may constrain informal sector practices in South Africa Adhesives and Sealants Market. A comprehensive analysis reveals that the informal segment in the South African Adhesives and Sealants Market faces significant growth constraints due to limited regulatory oversight. The absence of standardized guidelines hampers quality control, leading to potential market distortions. Informal players struggle with adherence to safety and environmental standards, hindering sustainable growth. Addressing the regulatory gaps is imperative for fostering a level playing field, ensuring product integrity, and promoting responsible business practices in the dynamic landscape of the South Africa Adhesives and Sealants Market.

Impact of Escalating Geopolitical Tensions on South Africa Adhesives and Sealants Market

Escalating geopolitical tensions could significantly impact the South Africa Adhesives and Sealants Market. The market relies on stable international trade for raw materials, and disruptions due to geopolitical conflicts can lead to supply chain challenges, causing material shortages and price volatility. Additionally, strained global relations may affect foreign investments and market confidence, impacting overall economic stability. South Africa's reliance on exports for economic growth makes it vulnerable to geopolitical shifts. Historical instances, such as trade restrictions or sanctions, have demonstrated adverse effects on businesses. These uncertainties could hinder market expansion, innovation, and investor confidence, creating a challenging environment for the Adhesives and Sealants Market in South Africa.

South Africa Adhesives and Sealants Market

Segmental Coverage

South Africa Adhesives and Sealants Market – By Adhesive Formulating Technology

Based on adhesive formulating technology, South Africa Adhesives and Sealants Market is divided into Water-based, Solvent-based, Hot-Melt, and Reactive segments. The water-based adhesives and sealants segment holds the highest market share in the South Africa Adhesives and Sealants Market. The segment dominates the market, reflecting a substantial preference for water-based formulations, due to their environmentally friendly nature, low VOC emissions, and versatility across various applications. The increasing emphasis on sustainable and eco-friendly solutions may contribute to the continued growth and dominance of the water-based segment in the South Africa Adhesives and Sealants Market.

South Africa Adhesives and Sealants Market – By Sealants Resin Types

By sealants resin types, South Africa Adhesives and Sealants Market is divided into Silicone, Polyurethane, Plastisol, Emulsion, Polysulfide, and Butyl segments. The silicone segment is the highest contributor to the growth of South Africa Adhesives and Sealants Market. The silicone segment dominates the market, holding a significant share due to its versatile properties and widespread applications in various industries. Its high demand is attributed to durability, flexibility, and temperature resistance, making it a preferred choice in diverse sectors of the South African market. Therefore, the silicone segment plays a pivotal role in driving the overall growth and stability of the Adhesives and Sealants Market in South Africa.

South Africa Adhesives and Sealants Market – By Applications for Adhesives

By applications for adhesives, South Africa Adhesives and Sealants Market is divided into Paper & Packaging, Building & Construction, Woodworking, Automotive & Transportation, Consumer & DIY, Leather & Footwear, Assembly, Medical, and Electronics segments. The building & construction segment is the largest in the South Africa Adhesives and Sealants Market. The segment encompasses a wide range of applications, including bonding materials in construction projects such as residential and commercial buildings. The demand for adhesives and sealants in the sector is driven by the need for durable and reliable bonding solutions in various construction applications. With the growth in the construction industry and infrastructure development, the building & construction segment stands out as the substantial and influential segment in the South Africa Adhesives and Sealants Market.

South Africa Adhesives and Sealants Market – By Applications for Sealants

By applications for sealants, South Africa Adhesives and Sealants Market is divided into Sealants, Building & Construction, Automotive & Transportation, and Consumer segments. The building & construction segment holds the highest market in the South Africa Adhesives and Sealants Market by applications for sealants. The segment encompasses a wide range of applications, including bonding and sealing in various construction projects. With South Africa experiencing growth in infrastructure development and building activities, the demand for adhesives and sealants in the building and construction segment is prominent. The use of these materials for bonding and sealing applications in the construction industry contributes significantly to the overall market share, making it the largest and most influential segment in the South Africa Adhesives and Sealants Market.

Competitive Landscape

Major players in the South Africa Adhesives and Sealants Market include Permoseal (Pty) Ltd, Henkel South Africa, Sika South Africa, H.B. Fuller South Africa, Avery Dennison South Africa, Genkem, Huntsman International LLC, Soudal Holding N.V., Arkema Group, and Dow. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of Report

By Adhesive Formulating Technology

• Water-based

• Solvent-based

• Hot-Melt

• Reactive & Others

By Sealants Resin Types

• Silicone

• Polyurethane

• Plastisol

• Emulsion

• Polysulfide

• Butyl

By Applications for Adhesives

• Paper & Packaging

• Building & Construction

• Woodworking

• Automotive & Transportation

• Consumer & DIY

• Leather & Footwear

• Assembly

• Medical

• Electronics

By Applications for Sealants

• Sealants

• Building & Construction

• Automotive & Transportation

• Consumer

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. South Africa Adhesives and Sealants Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Growing construction industry
         2. Expanding automotive industry
      2. Restraints
         1. Informal sector practices
         2. Limited awareness of advanced products
      3. Opportunities
         1. Expanding into new applications
         2. E-commerce penetration
      4. Challenges
         1. Competition from counterfeit products
         2. High import tariffs
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. South Africa Adhesives and Sealants Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Adhesive Formulating Technology
         1. Water-based
         2. Solvent-based
         3. Hot-Melt
         4. Reactive & Others
      2. By Sealants Resin Types
         1. Silicone
         2. Polyurethane
         3. Plastisol
         4. Emulsion
         5. Polysulfide
         6. Butyl
         7. Others
      3. By Applications for Adhesives
         1. Paper & Packaging
         2. Building & Construction
         3. Woodworking
         4. Automotive & Transportation
         5. Consumer & DIY
         6. Leather & Footwear
         7. Assembly
         8. Medical
         9. Electronics
         10. Others
      4. By Applications for Sealants
         1. Sealants
         2. Building & Construction
         3. Automotive & Transportation
         4. Consumer
         5. Others
5. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. South Africa Adhesives and Sealants Company Market Share Analysis, 2023
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
6. Impact of Escalating Geopolitical Tensions on South Africa Adhesives and Sealants Market
7. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
   1. Permoseal (Pty) Ltd
   2. Henkel South Africa
   3. Sika South Africa
   4. H.B. Fuller South Africa
   5. Avery Dennison South Africa
   6. Genkem
   7. Huntsman International LLC
   8. Soudal Holding N.V.
   9. Arkema Group
   10. Dow
   11. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
   1. Qualitative Research
      1. Primary & Secondary Research
   2. Quantitative Research
   3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
   4. Breakdown of Primary Research Respondents, By Region
   5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1    South Africa Adhesives and Sealants Segmentation

Figure 2    South Africa Adhesives and Sealants Market Value Chain Analysis

Figure 3    Company Market Share Analysis, 2023

Figure 4    South Africa Adhesives and Sealants Market Size, By Value (USD Billion), 2019–2030

Figure 5    South Africa Adhesives and Sealants Market Share, By Adhesive Formulating Technology, By Value, 2019–2030

Figure 6    South Africa Adhesives and Sealants Market Share, By Sealants Resin Types, By Value, 2019–2030

Figure 7    South Africa Adhesives and Sealants Market Share, By Applications for Adhesives, By Value, 2019–2030

Figure 8    South Africa Adhesives and Sealants Market Share, By Applications for Sealants, By Value, 2019–2030

List of Tables

Table 1    South Africa Adhesives and Sealants Market Size, By Value (USD Billion), 2019–2030

Table 2    South Africa Adhesives and Sealants Market Share, By Adhesive Formulating Technology, By Value, 2019–2030

Table 3    South Africa Adhesives and Sealants Market Share, By Sealants Resin Types, By Value, 2019–2030

Table 4    South Africa Adhesives and Sealants Market Share, By Applications for Adhesives, By Value, 2019–2030

Figure 5    South Africa Adhesives and Sealants Market Share, By Applications for Sealants, By Value, 2019–2030

Table 6         Permoseal (Pty) Ltd Company Overview

Table 7         Permoseal (Pty) Ltd Financial Overview

Table 8         Henkel South Africa Company Overview

Table 9         Henkel South Africa Financial Overview

Table 10       Sika South Africa Company Overview

Table 11       Sika South Africa Financial Overview

Table 12       H.B. Fuller South Africa Company Overview

Table 13       H.B. Fuller South Africa Financial Overview

Table 14       Avery Dennison South Africa Company Overview

Table 15       Avery Dennison South Africa Financial Overview

Table 16       Genkem Company Overview

Table 17       Genkem Financial Overview

Table 18       Huntsman International LLC Company Overview

Table 19       Huntsman International LLC Financial Overview

Table 20       Soudal Holding N.V. Company Overview

Table 21       Soudal Holding N.V. Financial Overview

Table 22       Arkema Group Company Overview

Table 23       Arkema Group Financial Overview

Table 24       Dow Company Overview

Table 25       Dow Financial Overview

Table 26       Other Prominent Players Company Overview

Table 27       Other Prominent Players Financial Overview