Middle East & Africa Nanocomposites Market Size & Outlook
The nanocomposites market in Middle East & Africa is expected to reach a projected revenue of US$ 1,361.8 million by 2030. A compound annual growth rate of 8.6% is expected of Middle East & Africa nanocomposites market from 2024 to 2030.
Revenue, 2023 (US$M)
$763.9
Forecast, 2030 (US$M)
$1,361.8
CAGR, 2024 - 2030
8.6%
Report Coverage
Middle East & Africa
Middle East & Africa nanocomposites market, 2018-2030 (US$M)
MEA nanocomposites market highlights
- The MEA nanocomposites market generated a revenue of USD 763.9 million in 2023.
- The market is expected to grow at a CAGR of 8.6% from 2024 to 2030.
- In terms of segment, cnt was the largest revenue generating product in 2023.
- CNT is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 763.9 million |
| Market revenue in 2030 | USD 1,361.8 million |
| Growth rate | 8.6% (CAGR from 2023 to 2030) |
| Largest segment | Cnt |
| Fastest growing segment | CNT |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CNT |
Other key industry trends
- In terms of revenue, MEA region accounted for 9.2% of the global nanocomposites market in 2023.
- Globally, North America 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 3,657.6 million by 2030.
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Nanocomposites Market Scope
Nanocomposites market segmentation & scope
Application
Packaging
Automotive
Electronics & electrical
Aviation
Energy
Construction
Military & Defense
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
Japan
India
South Korea
Argentina
Brazil
Saudi Arabia
Nanocomposites Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa nanocomposites market
Related regional statistics
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