Middle East & Africa Chemical Distribution Market Size & Outlook
Middle East & Africa chemical distribution market, 2018-2030 (US$M)
Related Markets
MEA chemical distribution market highlights
- The MEA chemical distribution market generated a revenue of USD 8,627.0 million in 2022.
- The market is expected to grow at a CAGR of 6.9% from 2023 to 2030.
- In terms of segment, commodity chemicals was the largest revenue generating type in 2022.
- Specialty Chemicals is the most lucrative type 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 8,627.0 million |
| Market revenue in 2030 | USD 14,757.8 million |
| Growth rate | 6.9% (CAGR from 2022 to 2030) |
| Largest segment | Commodity chemicals |
| Fastest growing segment | Specialty Chemicals |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Specialty Chemicals, Commodity Chemicals |
| Key market players worldwide | Apollo Global Management Inc Class A, Helm AG, Brenntag Biosector, Teradyne Inc, Azelis Group NV, Ashland Inc, IMCD NV, Biesterfeld, Reda |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.8% of the global chemical distribution market in 2022.
- 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 180,157.5 million by 2030.
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Chemical Distribution Market Scope
Chemical Distribution Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa chemical distribution 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 chemical distribution market will help companies and investors design strategic landscapes.
Commodity chemicals was the largest segment with a revenue share of 67.08% in 2023. Horizon Databook has segmented the Middle East & Africa chemical distribution market based on specialty chemicals, commodity chemicals covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East economies comprise the UAE, Bahrain, Qatar, Kuwait, Saudi Arabia, Oman, Jordan, Syria, Iran, Iraq, Yemen, and others. The region accounts for over half of the world’s crude oil reserve and the contribution of oil sector to the regional GDP is the largest among all sectors.
The main contributors to the GDP are oil & gas production and allied industries including petrochemical, midstream refining operations, metal & mining, and wastewater activities. Growing demand for chemicals including petrochemicals, polymers, and agrichemicals in various end-use industries is expected to positively influence the chemical distribution market over the forecast period.
Various initiatives such as to set up chemicals complex by the governments to develop chemical industry in the region coupled with increasingly large amounts of investment by chemicals companies with the support of government to obtain the latest knowhow to expand the product portfolio are expected to provide ample opportunities for chemical distribution market to penetrate in the region.
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Our clientele includes a mix of chemical distribution 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 chemical distribution market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa chemical distribution market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA chemical distribution market size, by country, 2018-2030 (US$M)
Middle East & Africa Chemical Distribution Market Outlook Share, 2023 & 2030 (US$M)
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