South Africa Adhesive & Sealant Market Research Report, 2027

South Africa Adhesive & Sealant Market Research Report, 2027

Actual Market Research 27-07-2022 75 Pages Figures : 7 Tables : 31 Region : MEA Country : South Africa Category : Chemical & Material Materials

South Africa’s healthcare sector has gained robust growth in terms of technological advancements backed by government support. But innovations in telemedicine, drones, big data analytics, wearables, and information management have brought the possibility of effective, affordable solutions into view, promising to improve overall health outcomes. This is due to strong manufacturing capabilities and well-developed research institutions. From drones to vending machines to accessible health equipment, it is expected to drive market growth. Drones are expected to be used to deliver blood across the country during childbirth to tackle the high mortality rate. The system is undergoing tests with the Civil Aviation Authority. There are Zip line distribution centres for medicines and vaccines in Ghana and Rwanda that reduce travel costs and time significantly. These machines and other equipment used in these types of healthcare systems demand adhesives and sealants to manufacture them. According to the report titled "South Africa Adhesive & Sealant Market Outlook, 2027", published by Actual Market Research (AMR), the South African Adhesive & Sealant market is expected to grow at a CAGR of 5.39% by the end of the forecast period 2027. The innovation of high performance formulations is driving the demand from the construction sector with the government's support for infrastructure developments in the country. New design techniques and technological advancements are expected to propel the market's future prospects. The massive use of chemicals is hazardous to health due to regulations that hinder market growth. Demand for adhesives and sealants depends on the activity levels of the sectors that the sector supplies, such as building and construction, paper and packaging, and the automotive industry. The sector is affected by the weak economy, the influx of cheap imports, rising production costs, power outages and the coronavirus crisis. Ecommerce growth has increased demand for packaging and labelling adhesives. Other growth areas include high performance adhesives and sealants used in the healthcare market and DIY products. An uptick in building renovations and construction activity works well for the sector. The building and construction industry's demands for adhesives and sealants remain high due to their physical properties like good elasticity, good strength, flexibility, and resistance from thermal expansion, coupled with environmental resistance against UV radiation, corrosion, and other extreme conditions. The rising infrastructure programmes by the African government to improve living conditions is bolstering the demand further. The renovation and construction of new buildings both residential and commercial spaces is expected to further propel market growth. Polyvinyl acetate holds the second highest market share in South Africa's sealant market. It is a synthetic rubber made from a synthetic polymer that melts at high temperatures and is elastic and flexible at room temperature. It is glue that is used in the form of emulsions. Polyvinyl acetate emulsions exhibit superior compatibility with modifying resins and are used for different applications through formulation. These have superior strength and offer good adhesion to a variety of surfaces, and are non-toxic and environmentally friendly. Polyvinyl acetate adhesive is a component of a widely used glue type, commonly referred to as white glue, wood glue, school glue, carpenters' glue, Elmer's glue, or PVA glue. These glues are widely used as they are easy to use, can be cleaned up with water, do not give off any hazardous fumes, and are safe to handle without gloves, but they do not withstand moisture. However, polyvinyl acetate adhesives are not effective on any surface that is non-porous. In addition, they are mostly effectively near room temperature and cannot be used for outdoor tasks, which could hamper the growth of this market. COVID-19's Impact on the Adhesive and Sealant Market: The pandemic hit the demand and supply chains severely affecting the adhesives and sealants market in the region. The sourcing of raw materials was difficult due to halted production activities and transport inconvenience. Several industries were shut down due to lack of workforce & materials. However, the construction of temporary hospitals and quarantine centres increased with this outbreak of coronavirus. Certain adhesive products witnessed strong demand due to their applications in the paper and packaging industry, as well as the healthcare industry. However, the dependence of adhesives and sealants on the healthcare and packaging sectors is expected to lead the adhesives and sealants market to recover quickly post the pandemic. Considered in this report • Geography: South Africa • Historic Year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • South Africa Adhesive & Sealant market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Type in the report: • Adhesive • Sealant By Formulating Technology in the report: • Water-based • Solvent-based • Hot-melt • Reactive & Others By Resin Type in the report: • Silicone • Polyurethane • Acrylic • Polyvinyl Acetate • Other Sealant Product By Application Type in the report: • Paper, Board, and Packaging • Buildings and Construction • Automotive & Transportation • Woodworking and Joinery • Footwear and Leather • Healthcare • Electrical and Electronics • Consumer & DIY • Other End-user Industries The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning. Post this we have started doing primary calls to industry people by equally segmenting in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry manufactures, consultants, Key vendors related to Adhesive & Sealant industry. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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