Middle East & Africa Hindered Amine Light Stabilizers Market Size & Outlook
Middle East & Africa hindered amine light stabilizers market, 2018-2030 (US$M)
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MEA hindered amine light stabilizers market highlights
- The MEA hindered amine light stabilizers market generated a revenue of USD 72.8 million in 2022.
- The market is expected to grow at a CAGR of 5% from 2023 to 2030.
- In terms of segment, polymeric was the largest revenue generating type in 2022.
- Monomeric is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 72.8 million |
| Market revenue in 2030 | USD 107.7 million |
| Growth rate | 5% (CAGR from 2022 to 2030) |
| Largest segment | Polymeric |
| Fastest growing segment | Monomeric |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Monomeric, Oligomeric, Polymeric |
| Key market players worldwide | Adeka Corp, Arkema SA, Basf SE, Clariant AG, Everlight Chemical Industrial, Solvay SA, Chitec Technology, Double Bond Chemical Industry, Greenchemicals, Rianlon, Mayzo, Sabo |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.2% of the global hindered amine light stabilizers 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 709.5 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Hindered Amine Light Stabilizers Market Scope
Hindered Amine Light Stabilizers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa hindered amine light stabilizers 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 hindered amine light stabilizers market will help companies and investors design strategic landscapes.
Polymeric was the largest segment with a revenue share of 49.04% in 2022. Horizon Databook has segmented the Middle East & Africa hindered amine light stabilizers market based on monomeric, oligomeric, polymeric covering the revenue growth of each sub-segment from 2018 to 2030.
The growing construction industry in the Middle East & Africa is driving the demand for HALS in the region. In addition, rising investments in public infrastructure and industrial & commercial projects are fueling the growth of the construction industry in the region, which, in turn, is expected to propel the demand for HALS over the forecast period.
The Saudi Arabia construction market is expected to witness substantial growth and presents promising opportunities owing to ongoing reforms such as Vision 2030 and NTP 2020 aimed at diversifying the economy away from oil. Vision 2030, along with substantial investments in housing and infrastructure development, is opening up new opportunities for the adoption of Hindered Amine Light Stabilizers (HALS) in the country.
Such initiatives are driving the demand for high-quality construction materials and technologies, positioning HALS as a valuable solution to enhance the light stability and durability of construction materials in Saudi Arabia. Moreover, the growing construction industry in South Africa is also expected to contribute to the increased demand for HALS in the country.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa hindered amine light stabilizers market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa hindered amine light stabilizers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA hindered amine light stabilizers market size, by country, 2018-2030 (US$M)
Middle East & Africa Hindered Amine Light Stabilizers Market Outlook Share, 2022 & 2030 (US$M)
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