Middle East & Africa Advanced Ceramic Additives Market Size & Outlook
Middle East & Africa advanced ceramic additives market, 2018-2030 (US$M)
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MEA advanced ceramic additives market highlights
- The MEA advanced ceramic additives market generated a revenue of USD 16.5 million in 2022.
- The market is expected to grow at a CAGR of 4.2% from 2023 to 2030.
- In terms of segment, dispersants was the largest revenue generating product in 2022.
- Dispersants is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 16.5 million |
| Market revenue in 2030 | USD 23.0 million |
| Growth rate | 4.2% (CAGR from 2022 to 2030) |
| Largest segment | Dispersants |
| Fastest growing segment | Dispersants |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dispersants, Binders |
| Key market players worldwide | Basf SE, Bentonite Performance Minerals, Aimia Inc, Dow Inc, Evonik Industries AG, Solvay SA |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.9% of the global advanced ceramic additives market in 2022.
- 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 337.0 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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Advanced Ceramic Additives Market Scope
Advanced Ceramic Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa advanced ceramic additives 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 advanced ceramic additives market will help companies and investors design strategic landscapes.
Dispersants was the largest segment with a revenue share of 23.03% in 2022. Horizon Databook has segmented the Middle East & Africa advanced ceramic additives market based on dispersants, binders covering the revenue growth of each sub-segment from 2018 to 2030.
The medical, automotive, and electrical & electronics industries are thriving in the region, which is the demand for advanced ceramics and in turn, additives. The governments in the region are liberalizing policies to attract foreign investments to improve the manufacturing sector in these industries, which is expected to augment the manufacturing of ceramics as well.
Moreover, the region is expected to witness investments in the manufacturing industry that will increase the demand for machinery and its components. Countries in the Middle East & Africa are developing at a fast pace owing to ongoing rapid industrialization and urbanization in the region.
The UAE government plans to increase the contribution of the manufacturing industry to its economy by diversifying its investments in other industries.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa advanced ceramic additives market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa advanced ceramic additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA advanced ceramic additives market size, by country, 2018-2030 (US$M)
Middle East & Africa Advanced Ceramic Additives Market Outlook Share, 2022 & 2030 (US$M)
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