Middle East & Africa Liquid Crystal Polymer Market Size & Outlook
The liquid crystal polymer market in Middle East & Africa is expected to reach a projected revenue of US$ 251.6 million by 2030. A compound annual growth rate of 5.5% is expected of Middle East & Africa liquid crystal polymer market from 2023 to 2030.
Revenue, 2022 (US$M)
$163.5
Forecast, 2030 (US$M)
$251.6
CAGR, 2023 - 2030
5.5%
Report Coverage
Middle East & Africa
Middle East & Africa liquid crystal polymer market, 2018-2030 (US$M)
Related Markets
MEA liquid crystal polymer market highlights
- The MEA liquid crystal polymer market generated a revenue of USD 163.5 million in 2022.
- The market is expected to grow at a CAGR of 5.5% from 2023 to 2030.
- In terms of segment, electrical & electronics was the largest revenue generating end use in 2022.
- MEDICAL is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 163.5 million |
| Market revenue in 2030 | USD 251.6 million |
| Growth rate | 5.5% (CAGR from 2022 to 2030) |
| Largest segment | Electrical & electronics |
| Fastest growing segment | MEDICAL |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Solvay SA, Celanese Corp Class A, Sumitomo Chemical Co Ltd, Toray Industries Inc, Ueno Fine Chemicals Industry, RTP Company, Zeus, Chang Chun Group, Daicel Corp, Daken |
Other key industry trends
- In terms of revenue, MEA region accounted for 9.3% of the global liquid crystal polymer 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 1,637.9 million by 2030.
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Liquid Crystal Polymer Market Scope
Liquid crystal polymer market segmentation & scope
Liquid Crystal Polymer Market Companies
| Name | Profile | # Employees | HQ | Website |
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MEA liquid crystal polymer market size, by country, 2018-2030 (US$M)
Middle East & Africa Liquid Crystal Polymer Market Outlook Share, 2022 & 2030 (US$M)
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