Middle East & Africa 1,4 Butanediol Market Size & Outlook
Middle East & Africa 1,4 butanediol market, 2018-2030 (US$M)
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MEA 1,4 butanediol market highlights
- The MEA 1,4 butanediol market generated a revenue of USD 56.3 million in 2022.
- The market is expected to grow at a CAGR of 3.2% from 2023 to 2030.
- In terms of segment, tetrahydrofuran (thf) was the largest revenue generating application in 2022.
- Tetrahydrofuran (THF) is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 56.3 million |
| Market revenue in 2030 | USD 72.7 million |
| Growth rate | 3.2% (CAGR from 2022 to 2030) |
| Largest segment | Tetrahydrofuran (thf) |
| Fastest growing segment | Tetrahydrofuran (THF) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tetrahydrofuran (THF), Polybutylene Terephthalate (PBT), Gamma-Butyrolactone (GBL), Polyurethane (PU) |
| Key market players worldwide | Basf SE, Ashland Inc, DCC PLC, Mitsubishi Chemical Group Corp, Evonik Industries AG, LyondellBasell Industries NV Class A, China Petroleum & Chemical Corp Class H, Sipchem, Genomatica |
Other key industry trends
- In terms of revenue, MEA region accounted for 0.9% of the global 1,4 butanediol market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 1,239.8 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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1,4 Butanediol Market Scope
1,4 Butanediol Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 1,4 butanediol 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 1,4 butanediol market will help companies and investors design strategic landscapes.
Tetrahydrofuran (thf) was the largest segment with a revenue share of 50.09% in 2022. Horizon Databook has segmented the Middle East & Africa 1,4 butanediol market based on tetrahydrofuran (thf), polybutylene terephthalate (pbt), gamma-butyrolactone (gbl), polyurethane (pu) covering the revenue growth of each sub-segment from 2018 to 2030.
Middle Eastern countries such as Saudi Arabia, Qatar, United Arab Emirates (UAE), Kuwait, and Oman are prospering economies. The medical devices outsourcing market in the MEA region is likely to grow at a steady rate in the coming years.
High disease burden, increasing privatization, and increase in penetration of health insurance are factors primarily responsible for the growth of the market in this region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa 1,4 butanediol market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa 1,4 butanediol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA 1 size,4 butanediol market size, by country, 2018-2030 (US$M)
Middle East & Africa 1,4 Butanediol Market Outlook Share, 2022 & 2030 (US$M)
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