Middle East & Africa Bio Based Polyurethane Market Size & Outlook
Related Markets
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 2023 | USD 455.1 thousand |
| Market revenue in 2030 | USD 678.3 thousand |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Flexible foam |
| Fastest growing segment | Flexible Foam |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD thousand |
| Market segmentation | Rigid Foam, Flexible Foam, Coatings, Adhesives & Sealants |
| Key market players worldwide | Basf 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Bio Based Polyurethane Market Scope
Bio Based Polyurethane Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| WeylChem | View profile | 1001-5000 | Frankfurt, Hessen, Germany, Europe | https://www.weylchem.com/ |
| MCPU Polymer Engineering | View profile | 51-100 | Pittsburg, Kansas, United States, North America | https://www.mcpupolymers.com |
| RAMP Holdings | View profile | 51-100 | Boston, Massachusetts, United States, North America | https://www.rampecdn.com/ |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Covestro AG | View profile | 17520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | https://www.covestro.com/en |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
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.
Reasons to subscribe to Middle East & Africa bio based polyurethane market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
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.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 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.
Partial client list
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)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
