Middle East & Africa Microplastic Recycling Market Size & Outlook
Middle East & Africa microplastic recycling market, 2018-2030 (US$M)
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MEA microplastic recycling market highlights
- The MEA microplastic recycling market generated a revenue of USD 6.2 million in 2023.
- The market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, secondary was the largest revenue generating product in 2023.
- Primary is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 6.2 million |
| Market revenue in 2030 | USD 9.9 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Secondary |
| Fastest growing segment | Primary |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Primary, Secondary |
| Key market players worldwide | Carbios SA, PureCycle Technologies Inc Ordinary Shares, Calix Inc, Planet Labs PBC, Ocean Biomedical Inc, Ioniqa Technologies, PolyGone Systems, Inc, ECOFARIO, Oceanworks, Matter. |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.2% of the global microplastic recycling market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 25.3 million by 2030.
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Microplastic Recycling Market Scope
Microplastic Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa microplastic recycling 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 microplastic recycling market will help companies and investors design strategic landscapes.
Secondary was the largest segment with a revenue share of 72.58% in 2023. Horizon Databook has segmented the Middle East & Africa microplastic recycling market based on primary, secondary covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of microplastic recycling market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa microplastic recycling market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa microplastic recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa microplastic recycling market
Middle East & Africa Microplastic Recycling Market Outlook Share, 2023 & 2030 (US$M)
Middle East & Africa microplastic recycling market
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