Middle East & Africa Bio Based Polyurethane Market Size & Outlook

The bio based polyurethane market in Middle East & Africa is expected to reach a projected revenue of US$ 678.3 thousand by 2030. A compound annual growth rate of 5.9% is expected of Middle East & Africa bio based polyurethane market from 2024 to 2030.
Revenue, 2023 (US$K)
$455.1
Forecast, 2030 (US$K)
$678.3
CAGR, 2024 - 2030
5.9%
Report Coverage
Middle East & Africa

MEA bio based polyurethane market highlights

  • The MEA bio based polyurethane market generated a revenue of USD 455.1 thousand in 2023.
  • The market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
  • In terms of segment, flexible foam was the largest revenue generating product in 2023.
  • Flexible Foam 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 2023USD 455.1 thousand
Market revenue in 2030USD 678.3 thousand
Growth rate5.9% (CAGR from 2023 to 2030)
Largest segmentFlexible foam
Fastest growing segmentFlexible Foam
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD thousand
Market segmentationRigid Foam, Flexible Foam, Coatings, Adhesives & Sealants
Key market players worldwideBasf SE, Covestro AG, Cargill, Huntsman Corp, RAMP Holdings, MCPU Polymer Engineering, WeylChem


Other key industry trends

  • In terms of revenue, MEA region accounted for 1.2% of the global bio based polyurethane 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 25,056.8 thousand by 2030.

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Bio Based Polyurethane Market Companies

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Middle East & Africa bio based polyurethane 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 polyurethane market will help companies and investors design strategic landscapes.


Flexible foam was the largest segment with a revenue share of 51.02% in 2023. Horizon Databook has segmented the Middle East & Africa bio based polyurethane market based on rigid foam, flexible foam, coatings, adhesives & sealants covering the revenue growth of each sub-segment from 2018 to 2030.


The Middle East & Africa market is anticipated to witness steady growth over the forecast period owing to the growth in building & construction industry. The building & construction growth is mainly supplemented by economies in the Middle East such as the U.A.E., Saudi Arabia, Egypt, Kuwait, and others. 

Rapid investment in non-oil based sectors such as improving manufacturing industry infrastructure in the region is expected to fuel the growth of construction industry, which, in turn, is anticipated to drive the bio-based Middle East & African market. 

Bio-based polyurethane provides form-fitting cushioning that securely protects fragile items, especially during transit. Since the Middle East hosts one of the busiest airports, the Dubai International Airport, countless valuable & fragile products are imported as well as exported which require protective packaging to reduce the risk of damage.

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Target buyers of Middle East & Africa bio based polyurethane market databook

  • Our clientele includes a mix of bio based polyurethane 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 bio based polyurethane market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa bio based polyurethane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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MEA bio based polyurethane market size, by country, 2018-2030 (US$K)

Middle East & Africa Bio Based Polyurethane Market Outlook Share, 2023 & 2030 (US$K)

MEA bio based polyurethane market size, by country, 2018-2030 (US$K)

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