Middle East & Africa Nanomaterials Market Size & Outlook
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MEA nanomaterials market highlights
- The MEA nanomaterials market generated a revenue of USD 249.0 million in 2023.
- The market is expected to grow at a CAGR of 11.9% from 2024 to 2030.
- In terms of segment, ti (titanium) was the largest revenue generating material in 2023.
- Ti (Titanium) is the most lucrative material segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 249.0 million |
| Market revenue in 2030 | USD 548.1 million |
| Growth rate | 11.9% (CAGR from 2023 to 2030) |
| Largest segment | Ti (titanium) |
| Fastest growing segment | Ti (Titanium) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Au (Gold), Ag (Silver), Fe (Iron), Cu (Copper), Pt (Platinum), Ti (Titanium), Ni (Nickel), Aluminum Oxide, Antimony Tin Oxide, Bismuth Oxide, Carbon Nanotubes |
| Key market players worldwide | Air Products & Chemicals Inc, Nanoco Group PLC, Frontier Group Holdings Inc, Nanophase Technologies Corp, Cytokinetics Inc, Quantum Corp |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.0% of the global nanomaterials market in 2023.
- 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 14,966.0 million by 2030.
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Nanomaterials Market Scope
Nanomaterials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Quantum Corp | View profile | 850 | 224 Airport Parkway, Suite 550, San Jose, CA, United States, 95110 | https://www.quantum.com |
| Nanophase Technologies Corp | View profile | 79 | 1319 Marquette Drive, Romeoville, IL, United States, 60446 | https://www.nanophase.com |
| Frontier Group Holdings Inc | View profile | 7675 | 4545 Airport Way, Denver, CO, United States, 80239 | https://www.flyfrontier.com |
| Nanoco Group PLC | View profile | 37 | The Heath Business & Technical Park, Heath Road South, Science Centre, Runcorn, United Kingdom, WA7 4QE | http://www.nanocotechnologies.com |
| Cytokinetics Inc | View profile | 564 | 350 Oyster Point Boulevard, South San Francisco, CA, United States, 94080 | https://www.cytokinetics.com |
| Air Products & Chemicals Inc | View profile | 23000 | 1940 Air Products Boulevard, Allentown, PA, United States, 18106-5500 | https://www.airproducts.com |
Middle East & Africa nanomaterials 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 nanomaterials market will help companies and investors design strategic landscapes.
Ti (titanium) was the largest segment with a revenue share of 25.98% in 2023. Horizon Databook has segmented the Middle East & Africa nanomaterials market based on au (gold), ag (silver), fe (iron), cu (copper), pt (platinum), ti (titanium), ni (nickel), aluminum oxide, antimony tin oxide, bismuth oxide, carbon nanotubes covering the revenue growth of each sub-segment from 2018 to 2030.
Technological innovations in different sectors such as electronics, medical, and automotive have significantly contributed to improvements in the standard of living of the masses in the economies of the Middle East & Africa.
In the Middle East, several government organizations are investing in the development and production of nanomaterials. For instance, Saudi Arabia has an international research center dedicated to nanomanufacturing technology.
Similarly, Silicon Valley for Nanotechnology is a Saudi Jordanian company established to meet the demands and objectives of the governments of the Middle East and North Africa for nationalizing and implementing nanotechnology in their respective countries.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa nanomaterials market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa nanomaterials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Nanomaterials Market Outlook Share, 2023 & 2030 (US$M)
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