Middle East & Africa Biocides Market Size & Outlook
Middle East & Africa biocides market, 2018-2030 (US$M)
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MEA biocides market highlights
- The MEA biocides market generated a revenue of USD 536.6 million in 2022.
- The market is expected to grow at a CAGR of 4% from 2023 to 2030.
- In terms of segment, halogen compounds was the largest revenue generating product in 2022.
- Quaternary Ammonium Compounds is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 536.6 million |
| Market revenue in 2030 | USD 733.5 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Halogen compounds |
| Fastest growing segment | Quaternary Ammonium Compounds |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Halogen Compounds, Metallic Compounds, Organosulfurs, Organic acids, Quaternary Ammonium Compounds, Phenolic, Nitrogen, Glutaraldehyde |
| Key market players worldwide | Neogen Corp, Albemarle Corp, The Lubrizol Corp, Basf SE, Solvay SA, Lanxess AG, Lonza Group Ltd |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.3% of the global biocides market in 2022.
- 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 4,725.9 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Biocides Market Scope
Biocides Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa biocides 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 biocides market will help companies and investors design strategic landscapes.
Halogen compounds was the largest segment with a revenue share of 29.46% in 2022. Horizon Databook has segmented the Middle East & Africa biocides market based on halogen compounds, metallic compounds, organosulfurs, organic acids, quaternary ammonium compounds, phenolic, nitrogen, glutaraldehyde covering the revenue growth of each sub-segment from 2018 to 2030.
Water treatment and plastics are the top performing applications of biocides in the Middle East & Africa market. Opportunities from the oil & gas, market are likely to witnessed in near future. Saudi Arabia, holding a larger Middle East & Africa biocides market is primarily a result of its extensive freshwater demand and domineering petrochemicals and plastics manufacturers such as SABIC in the country.
With the growing attempts of economic diversification in Saudi Arabia, other markets such as food & beverages, personal care and HVAC might project potential for growth in future.
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Our clientele includes a mix of biocides 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 biocides market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa biocides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA biocides market size, by country, 2018-2030 (US$M)
Middle East & Africa Biocides Market Outlook Share, 2022 & 2030 (US$M)
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