Middle East & Africa Cold Flow Improver Market Size & Outlook
The cold flow improver market in Middle East & Africa is expected to reach a projected revenue of US$ 12.5 million by 2030. A compound annual growth rate of 3.1% is expected of Middle East & Africa cold flow improver market from 2024 to 2030.
Revenue, 2023 (US$M)
$10.1
Forecast, 2030 (US$M)
$12.5
CAGR, 2024 - 2030
3.1%
Report Coverage
Middle East & Africa
Middle East & Africa cold flow improver market, 2018-2030 (US$M)
MEA cold flow improver market highlights
- The MEA cold flow improver market generated a revenue of USD 10.1 million in 2023.
- The market is expected to grow at a CAGR of 3.1% from 2024 to 2030.
- In terms of segment, ethylene vinyl acetate was the largest revenue generating product in 2023.
- Ethylene vinyl acetate is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 10.1 million |
| Market revenue in 2030 | USD 12.5 million |
| Growth rate | 3.1% (CAGR from 2023 to 2030) |
| Largest segment | Ethylene vinyl acetate |
| Fastest growing segment | Ethylene vinyl acetate |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ethylene vinyl acetate |
| Key market players worldwide | Baker Hughes Co Class A, Basf SE ADR, Chevron Corp, Clariant AG, Evonik Industries AG, Innospec Inc, The Lubrizol Corp |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.2% of the global cold flow improver 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 449.6 million by 2030.
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Cold Flow Improver Market Scope
Cold flow improver market segmentation & scope
Application
Diesel fuel
Lubricating oil
Aviation fuel
Other Application
End Use
Automotive
Aerospace & defense
Other End Use
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
India
Japan
South Korea
Australia
Brazil
Argentina
Cold Flow Improver Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa cold flow improver market
Related regional statistics
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