Middle East & Africa Antimicrobial Additives Market Size & Outlook
Middle East & Africa antimicrobial additives market, 2018-2030 (US$M)
Related Markets
MEA antimicrobial additives market highlights
- The MEA antimicrobial additives market generated a revenue of USD 566.9 million in 2023.
- The market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
- In terms of segment, inorganic was the largest revenue generating product in 2023.
- Inorganic is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 566.9 million |
| Market revenue in 2030 | USD 1,168.4 million |
| Growth rate | 10.9% (CAGR from 2023 to 2030) |
| Largest segment | Inorganic |
| Fastest growing segment | Inorganic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic, Inorganic |
| Key market players worldwide | Basf SE, Miller Industries Inc, Clariant AG, Avient Corp, Momentive, Dow Inc, LyondellBasell Industries NV Class A, ChromaDex Corp, Lonza Group Ltd |
Other key industry trends
- In terms of revenue, MEA region accounted for 16.4% of the global antimicrobial additives 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 2,582.1 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Antimicrobial Additives Market Scope
Antimicrobial Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa antimicrobial 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 antimicrobial additives market will help companies and investors design strategic landscapes.
Inorganic was the largest segment with a revenue share of 55.12% in 2023. Horizon Databook has segmented the Middle East & Africa antimicrobial additives market based on organic, inorganic covering the revenue growth of each sub-segment from 2018 to 2030.
Rapid industrialization coupled with improving infrastructure in the Middle East is expected to positively impact the product demand. The growth of construction sector mainly in the UAE and Qatar owing to the economic recovery, advanced real estate regulatory framework, and increasing number of infrastructure projects are together expected to drive the demand.
The Middle East & Africa is expected to be an emerging market for medical device coatings over the next couple of years. Flourishing healthcare sector in countries such as Saudi Arabia, Qatar, and other GCC countries is likely to boost the market growth of medical device coatings over the forecast period.
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Our clientele includes a mix of antimicrobial additives market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa antimicrobial additives market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa antimicrobial additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA antimicrobial additives market size, by country, 2018-2030 (US$M)
Middle East & Africa Antimicrobial Additives Market Outlook Share, 2023 & 2030 (US$M)
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