Middle East & Africa Medical Injection Molded Plastic Market Size & Outlook
Middle East & Africa medical injection molded plastic market, 2019-2030 (US$M)
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MEA medical injection molded plastic market highlights
- The MEA medical injection molded plastic market generated a revenue of USD 1,578.2 million in 2022.
- The market is expected to grow at a CAGR of 4.2% from 2023 to 2030.
- In terms of segment, polypropylene (pp) was the largest revenue generating product in 2022.
- Polypropylene (PP) is the most lucrative product 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 1,578.2 million |
| Market revenue in 2030 | USD 2,192.6 million |
| Growth rate | 4.2% (CAGR from 2022 to 2030) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polypropylene (PP) |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), Polystyrene (PS), Polycarbonate (PC) |
| Key market players worldwide | Dow Inc, SABIC, Eastman Chemical Co, Covestro AG, Evonik Industries AG, Sumitomo Chemical Co Ltd, Arkema SA, INEOS, Rutland Plastic Technologies |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.2% of the global medical injection molded plastic market in 2022.
- Globally, North America 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 8,800.6 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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Medical Injection Molded Plastic Market Scope
Medical Injection Molded Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa medical injection molded plastic 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 medical injection molded plastic market will help companies and investors design strategic landscapes.
Polypropylene (pp) was the largest segment with a revenue share of 31.43% in 2022. Horizon Databook has segmented the Middle East & Africa medical injection molded plastic market based on polypropylene (pp), acrylonitrile butadiene styrene (abs), polyethylene (pe), polystyrene (ps), polycarbonate (pc) covering the revenue growth of each sub-segment from 2019 to 2030.
The demand for medical injection molded plastics in the MEA is expected to be driven by the rapid population growth, increasing per capita income, high incidences of lifestyle-related disorders, and ambitious healthcare infrastructure development.
The demand for superior technology medical devices is expected to increase significantly, thereby propelling the demand for medical injection molded plastics. The regional market is expected to be driven by the demand for cleanroom supplies and tooth implants.
In addition, the demand for medical injection molded plastics in orthopedic implants and soft goods is expected to rise on account of the superior strength and radiation resistance offered by the medical injection molded plastics.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa medical injection molded plastic market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa medical injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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MEA medical injection molded plastic market size, by country, 2019-2030 (US$M)
Middle East & Africa Medical Injection Molded Plastic Market Outlook Share, 2022 & 2030 (US$M)
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