UAE Low Profile Additives Market Size & Outlook, 2023-2030
UAE low profile additives market, 2018-2030 (US$M)
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UAE low profile additives market highlights
- The UAE low profile additives market generated a revenue of USD 4.0 million in 2023 and is expected to reach USD 7.4 million by 2030.
- The UAE market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
- In terms of segment, polyvinyl acetate (pvac) was the largest revenue generating product in 2023.
- Polyvinyl Acetate (PVAc) is the most lucrative product segment registering the fastest growth during the forecast period.
Low profile additives market data book summary
| Market revenue in 2023 | USD 4.0 million |
| Market revenue in 2030 | USD 7.4 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Polyvinyl acetate (pvac) |
| Fastest growing segment | Polyvinyl Acetate (PVAc) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyvinyl Acetate (PVAc), Polymethyl methacrylate (PMMA), Polystyrene, Polyurethane, High Density Polyethylene |
| Key market players worldwide | Wacker Chemie AG, INEOS, Perfect Moment Ltd, Basf SE, Altana AI, Polychem Corporation, LyondellBasell Industries NV Class A, Imax Corp, Synthomer PLC, Advantagewon Oil Corp, NOF Corp |
Other key industry trends
- In terms of revenue, UAE accounted for 0.6% of the global low profile additives market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia low profile additives market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 10.6 million by 2030.
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Low Profile Additives Market Scope
Low Profile Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE low profile additives 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 low profile additives market will help companies and investors design strategic landscapes.
Polyvinyl acetate (pvac) was the largest segment with a revenue share of 40% in 2023. Horizon Databook has segmented the UAE low profile additives market based on polyvinyl acetate (pvac), polymethyl methacrylate (pmma), polystyrene, polyurethane, high density polyethylene covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE has witnessed a boom in its construction industry owing to the smart infrastructure development projects being carried out in the country, as well as a significant rise in its automotive production over the past few years.
The major low profile additives and products based on them offered by the local players are used by automotive manufacturers to decrease weight and enhance the fuel economy of vehicles and consequently lower their emission rates.
Low profile additives market in the UAE is projected to grow steadily during the forecast period owing to government-backed investments to enhance the market share of small- and medium-sized low profile additive processors. High investments in advanced infrastructure development projects have been recorded in the UAE over the past few years.
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Our clientele includes a mix of low profile additives market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE low profile additives market , including forecasts for subscribers. This country databook contains high-level insights into UAE low profile additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE low profile additives market size, by product, 2018-2030 (US$M)
UAE Low Profile Additives Market Outlook Share, 2023 & 2030 (US$M)
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