Middle East & Africa Wax Emulsion Market Size & Outlook
MEA wax emulsion market highlights
- The MEA wax emulsion market generated a revenue of USD 33.6 million in 2023.
- The market is expected to grow at a CAGR of 2.1% from 2024 to 2030.
- In terms of segment, synthetic was the largest revenue generating material in 2023.
- Synthetic is the most lucrative material segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 33.6 million |
| Market revenue in 2030 | USD 38.7 million |
| Growth rate | 2.1% (CAGR from 2024 to 2030) |
| Largest segment | Synthetic |
| Fastest growing segment | Synthetic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Synthetic |
| Key market players worldwide | Basf SE, Nippon Steel Corp, Altana AI, Sasol Ltd, Exxon Mobil Corp, Hexion, The Lubrizol Corp |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.5% of the global wax emulsion market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,380.1 million by 2030.
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Wax Emulsion Market Scope
Wax Emulsion Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hexion | View profile | 10001+ | Columbus, Ohio, United States, North America | http://www.hexion.com |
| Altana AI | View profile | 101-250 | New York, New York, United States, North America | https://altana.ai |
| Sasol Ltd | View profile | 29073 | 50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, South Africa, 2196 | https://www.sasol.com |
| Nippon Steel Corp | View profile | 121990 | 6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8071 | https://www.nipponsteel.com |
| The Lubrizol Corp | View profile | 5001-10000 | Wickliffe, Ohio, United States, North America | http://www.lubrizol.com/ |
| Exxon Mobil Corp | View profile | 61500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | https://www.exxonmobil.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Middle East & Africa wax emulsion market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wax emulsion market will help companies and investors design strategic landscapes.
Synthetic was the largest segment with a revenue share of 102.08% in 2023. Horizon Databook has segmented the Middle East & Africa wax emulsion market based on synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of wax emulsion market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa wax emulsion market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa wax emulsion market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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