Middle East & Africa Anti-fog Additives Market Size & Outlook
Middle East & Africa anti-fog additives market, 2018-2030 (US$M)
Related Markets
MEA anti-fog additives market highlights
- The MEA anti-fog additives market generated a revenue of USD 158.1 million in 2021.
- The market is expected to grow at a CAGR of 7% from 2022 to 2030.
- In terms of segment, glycerol esters was the largest revenue generating product in 2021.
- Polyglycerol Esters is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2021 | USD 158.1 million |
| Market revenue in 2030 | USD 291.5 million |
| Growth rate | 7% (CAGR from 2021 to 2030) |
| Largest segment | Glycerol esters |
| Fastest growing segment | Polyglycerol Esters |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glycerol Esters, Ethoxylated Sorbitan Esters, Polyglycerol Esters, Sorbitan Esters, Polyoxyethylene Esters |
| Key market players worldwide | Clariant AG, Akzo Nobel NV, Ashland Inc, Croda International PLC, Evonik Industries AG, Avient Corp, DuPont de Nemours Inc, Palsgaard, Lifeline Biotechnologies Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.8% of the global anti-fog additives market in 2021.
- 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 1,276.6 million by 2030.
Glycerol esters was the largest segment with a revenue share of 32.07% in 2021. Horizon Databook has segmented the Middle East & Africa anti-fog additives market based on glycerol esters, ethoxylated sorbitan esters, polyglycerol esters, sorbitan esters, polyoxyethylene esters covering the revenue growth of each sub-segment from 2018 to 2030.
UAE’s Hamriyah Free Zone Authority announced plans to set up an industrial park which is likely to facilitate new investments in food & beverage industry. Thus, new investments in food & beverage industry in UAE are expected to open new avenues for anti-fog additives market in the near future.
Furthermore, numerous multinational companies are investing in African countries such as Nigeria, South Africa and Egypt on account of growing disposable income and widening of the middle class. This improvement in economic indicators of Africa is expected to promote the production of food & beverage products which is expected to open new markets over the next eight years.
MEA is expected to witness significant growth over the next eight years due to rapid expansion in fast food outlets in countries such as Saudi Arabia, UAE, Kuwait, and Jordan. Growing urbanization coupled with rising disposable income are the major factors in these countries, which have augmented consumers’ preference towards fast food are expected to fuel the demand for anti-fog additives over the next eight years.
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Anti-Fog Additives Market Scope
Anti-Fog Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa Anti-Fog Additives Market Outlook Share, 2021 & 2030 (US$M)
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