Forecast: Import of Adhesives Based on Rubber or Plastic to Saudi Arabia

The import of adhesives based on rubber or plastic to Saudi Arabia is expected to increase steadily from 2024 to 2028. The forecasted data show a growth from 20.322 million kilograms in 2024 to 23.361 million kilograms in 2028. In 2023, the volume stood at 19.568 million kilograms. The year-on-year variation highlights an annual growth rate of 3.85% from 2024 to 2025, 3.64% from 2025 to 2026, 3.44% from 2026 to 2027, and 3.26% from 2027 to 2028.

To describe the longer-term trend, the Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is around 3.55%, indicating a stable and positive outlook for the imports of these adhesives.

Future trends to watch for:

  • Technological advancements in adhesive formulations, potentially increasing demand.
  • Rise in infrastructure projects across Saudi Arabia driving higher consumption.
  • Sustainability concerns may influence a shift towards more eco-friendly adhesive options.
  • Global supply chain fluctuations and economic conditions impacting import volumes.

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