Middle East & Africa Bio-based Polyethylene Market Size & Outlook
Middle East & Africa bio-based polyethylene market, 2018-2030 (US$M)
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MEA bio-based polyethylene market highlights
- The MEA bio-based polyethylene market generated a revenue of USD 45.4 million in 2023.
- The market is expected to grow at a CAGR of 11.6% from 2024 to 2030.
- In terms of segment, high-density bio-based bio-based polyethylene (hdpe) was the largest revenue generating type in 2023.
- Linear Low-density Bio-Based Bio-Based Polyethylene (LLDPE) is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 45.4 million |
| Market revenue in 2030 | USD 98.1 million |
| Growth rate | 11.6% (CAGR from 2023 to 2030) |
| Largest segment | High-density bio-based bio-based polyethylene (hdpe) |
| Fastest growing segment | Linear Low-density Bio-Based Bio-Based Polyethylene (LLDPE) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low-density Bio-Based Bio-Based Polyethylene (LDPE), High-density Bio-Based Bio-Based Polyethylene (HDPE), Linear Low-density Bio-Based Bio-Based Polyethylene (LLDPE) |
| Key market players worldwide | LyondellBasell Industries NV Class A, Iwatani Corp, Braskem SA ADR, Dow Inc, INEOS, Avery Dennison Corp, FKuR, Borealis Exploration Ltd, Trioworld, GILAC |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.4% of the global bio-based polyethylene market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 1,016.0 million by 2030.
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Bio-based Polyethylene Market Scope
Bio-based Polyethylene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa bio-based polyethylene 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 bio-based polyethylene market will help companies and investors design strategic landscapes.
High-density bio-based bio-based polyethylene (hdpe) was the largest segment with a revenue share of 44.49% in 2023. Horizon Databook has segmented the Middle East & Africa bio-based polyethylene market based on low-density bio-based bio-based polyethylene (ldpe), high-density bio-based bio-based polyethylene (hdpe), linear low-density bio-based bio-based polyethylene (lldpe) covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa bio-based polyethylene market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa bio-based polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA bio-based polyethylene market size, by country, 2018-2030 (US$M)
Middle East & Africa Bio-based Polyethylene Market Outlook Share, 2023 & 2030 (US$M)
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