Middle East & Africa Nylon Market Size & Outlook
Middle East & Africa nylon market, 2018-2030 (US$M)
Related Markets
MEA nylon market highlights
- The MEA nylon market generated a revenue of USD 880.4 million in 2023.
- The market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
- In terms of segment, nylon 6 was the largest revenue generating product in 2023.
- Nylon 66 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 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 880.4 million |
| Market revenue in 2030 | USD 1,682.3 million |
| Growth rate | 9.7% (CAGR from 2023 to 2030) |
| Largest segment | Nylon 6 |
| Fastest growing segment | Nylon 66 |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nylon 6, Nylon 66 |
| Key market players worldwide | Basf SE, Lanxess AG, Huntsman Corp, AdvanSix Inc, Ube Corp, Domo Chemicals, Toray Industries Inc, Ashley Services Group Ltd DR, Ascend Performance Materials, Toyobo Co Ltd, Goodfellow Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.6% of the global nylon market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 1,682.3 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Nylon Market Scope
Nylon Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa nylon 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 nylon market will help companies and investors design strategic landscapes.
Nylon 6 was the largest segment with a revenue share of 58.54% in 2023. Horizon Databook has segmented the Middle East & Africa nylon market based on nylon 6, nylon 66 covering the revenue growth of each sub-segment from 2018 to 2030.
The market for Nylon in the MEA has shown its resilience in recent years. Presently, the lifting of economic sanctions in Iran and the drive for economic diversification between the oil-exporting countries of the Gulf Cooperation Council, the MEA region is projected to continue witnessing the growth in nylon demand.
Aerospace emerged as a major end-user industry responsible for the development of nylon demand in the MEA region. Spending on military equipment and commercial aircraft was on the rise between 2009 to 2014 owing to strong cash positions and higher oil prices. These factors enabled Gulf Cooperation Council nations to start multi-billion-dollar programs for defense modernization.
Reasons to subscribe to Middle East & Africa nylon market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa nylon market databook
-
Our clientele includes a mix of nylon market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa nylon market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa nylon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA nylon market size, by country, 2018-2030 (US$M)
Middle East & Africa Nylon Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
