Middle East & Africa Automotive Foam Market Size & Outlook
The automotive foam market in Middle East & Africa is expected to reach a projected revenue of US$ 2,111.5 million by 2030. A compound annual growth rate of 8.3% is expected of Middle East & Africa automotive foam market from 2022 to 2030.
Revenue, 2021 (US$M)
$1,030.2
Forecast, 2030 (US$M)
$2,111.5
CAGR, 2022 - 2030
8.3%
Report Coverage
Middle East & Africa
Middle East & Africa automotive foam market, 2019-2030 (US$M)
Related Markets
MEA automotive foam market highlights
- The MEA automotive foam market generated a revenue of USD 1,030.2 million in 2021.
- The market is expected to grow at a CAGR of 8.3% from 2022 to 2030.
- In terms of segment, polyurethane (pu) foam was the largest revenue generating type in 2021.
- Polyolefin (PO) Foam is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Gulf Cooperation Council is expected to register the highest CAGR from 2022 to 2030.
MEA data book summary
| Market revenue in 2021 | USD 1,030.2 million |
| Market revenue in 2030 | USD 2,111.5 million |
| Growth rate | 8.3% (CAGR from 2021 to 2030) |
| Largest segment | Polyurethane (pu) foam |
| Fastest growing segment | Polyolefin (PO) Foam |
| Historical data covered | 2019 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyurethane (PU) Foam, Polyolefin (PO) Foam |
| Key market players worldwide | Basf SE, Dow Inc, FMC Corp, OMV AG, Johnson Controls International PLC, Bridgestone Corp, Paul Bauder GmbH & Co. KG, Georg Fischer AG, Huntsman Corp, Sekisui Chemical Co Ltd, Asahi Kasei Corp, Armacell, Woodbridge, Recticel, Vita Group |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.6% of the global automotive foam 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 23,579.3 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Automotive Foam Market Scope
Automotive foam market segmentation & scope
Seating
Instrument Panels
Headliners
Door Panels & Watershields
Seals, Gaskets & Nvh
Others
Bumper System
Others
Automotive Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa automotive foam 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 automotive foam market will help companies and investors design strategic landscapes.
Polyurethane (pu) foam was the largest segment with a revenue share of 72.28% in 2021. Horizon Databook has segmented the Middle East & Africa automotive foam market based on polyurethane (pu) foam, polyolefin (po) foam covering the revenue growth of each sub-segment from 2019 to 2030.
- Middle East & Africa Automotive Foam Type Outlook (Revenue, USD Million, 2019-2030)
- Polyurethane (PU) Foam
- Polyolefin (PO) Foam
- Others
- Middle East & Africa Automotive Foam End-user Outlook (Revenue, USD Million, 2019-2030)
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Middle East & Africa Automotive Foam Application Outlook (Revenue, USD Million, 2019-2030)
- Interior
- Seating
- Instrument Panels
- Headliners
- Door Panels & Watershields
- Seals, Gaskets & Nvh
- Others
- Exterior
- Bumper System
- Others
- Interior
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Target buyers of Middle East & Africa automotive foam market databook
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Our clientele includes a mix of automotive foam market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa automotive foam market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa automotive foam market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA automotive foam market size, by country, 2019-2030 (US$M)
Middle East & Africa Automotive Foam Market Outlook Share, 2021 & 2030 (US$M)
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Related regional statistics
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