Middle East & Africa Aerospace Plastics Market Size & Outlook
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MEA aerospace plastics market highlights
- The MEA aerospace plastics market generated a revenue of USD 113.0 million in 2024.
- The market is expected to grow at a CAGR of 4.4% from 2025 to 2030.
- In terms of segment, polyetheretherketone (peek) was the largest revenue generating product in 2024.
- Polyetheretherketone (PEEK) 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 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 113.0 million |
| Market revenue in 2030 | USD 144.0 million |
| Growth rate | 4.4% (CAGR from 2025 to 2030) |
| Largest segment | Polyetheretherketone (peek) |
| Fastest growing segment | Polyetheretherketone (PEEK) |
| Historical data covered | 2019 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyetheretherketone (PEEK), Polyphenylsulfone (PPSU), Polycarbonate (PC), Polyetherimide (PEI), Polymethyl Methacrylate (PMMA), Polyamide (PA), PolyPhenyleneSulfide (PPS), Polyamide-imide (PAI), Polyphenylene ether (PPE), Polyurethane (PU), Other Product |
| Key market players worldwide | Victrex PLC, SABIC, Solvay SA, Basf SE, Evonik Industries AG, Toray Industries Inc, Compagnie de Saint-Gobain SA, DuPont de Nemours Inc, Celanese Corp Class A, Sumitomo Chemical Co Ltd, Covestro AG, Mitsubishi Chemical Group Corp, PPG Industries Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.4% of the global aerospace plastics market in 2024.
- Globally, North America 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 669.1 million by 2030.
Polyetheretherketone (peek) was the largest segment with a revenue share of 62.74% in 2024. Horizon Databook has segmented the Middle East & Africa aerospace plastics market based on polyetheretherketone (peek), polyphenylsulfone (ppsu), polycarbonate (pc), polyetherimide (pei), polymethyl methacrylate (pmma), polyamide (pa), polyphenylenesulfide (pps), polyamide-imide (pai), polyphenylene ether (ppe), polyurethane (pu), other product covering the revenue growth of each sub-segment from 2019 to 2030.
The supportive policies of the Middle Eastern governments have contributed significantly to the market growth in recent years since the aerospace industry has received a boost, in terms of imported materials and impetus for regional manufacturing.
In November 2022, Bell Textron signed an agreement for the sale of 10 Bell 505 helicopters to the Royal Jordanian Air Force (RJAF) at The Special Operations Forces Exhibition & Conference (SOFEX) in Aqaba, Jordan. The contract includes the delivery of the aircraft with a flight training device and a comprehensive computer-based training package.
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Aerospace Plastics Market Scope
Aerospace Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Victrex PLC | View profile | 1100 | Victrex Technology Centre, Hillhouse International, Thornton Cleveleys, Lancashire, United Kingdom, FY5 4QD | https://www.victrexplc.com |
| SABIC | View profile | 10001+ | Riyadh, Ar Riyad, Saudi Arabia, Asia | http://www.sabic.com |
| PPG Industries Inc | View profile | 53000 | One PPG Place, Pittsburgh, PA, United States, 15272 | https://www.ppg.com |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| Toray Industries Inc | View profile | 48682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | http://www.toray.co.jp |
| Celanese Corp Class A | View profile | 12410 | 222 West Las Colinas Boulevard, Suite 900N, Irving, TX, United States, 75039-5421 | https://www.celanese.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Compagnie de Saint-Gobain SA | View profile | 168508 | 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 | http://www.saint-gobain.com |
| Sumitomo Chemical Co Ltd | View profile | 37235 | 27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, Japan, 104-8260 | http://www.sumitomo-chem.co.jp |
| Covestro AG | View profile | 17520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | https://www.covestro.com/en |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
MEA aerospace plastics market size, by country, 2019-2030 (US$M)
Middle East & Africa Aerospace Plastics Market Outlook Share, 2024 & 2030 (US$M)
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