Middle East & Africa Organic Rheological Modifiers Market Size & Outlook
The organic rheological modifiers market in Middle East & Africa is expected to reach a projected revenue of US$ 359.4 million by 2030. A compound annual growth rate of 3.2% is expected of Middle East & Africa organic rheological modifiers market from 2024 to 2030.
Revenue, 2023 (US$M)
$287.8
Forecast, 2030 (US$M)
$359.4
CAGR, 2024 - 2030
3.2%
Report Coverage
Middle East & Africa
Middle East & Africa organic rheological modifiers market, 2018-2030 (US$M)
MEA organic rheological modifiers market highlights
- The MEA organic rheological modifiers market generated a revenue of USD 287.8 million in 2023.
- The market is expected to grow at a CAGR of 3.2% from 2024 to 2030.
- In terms of segment, paints & coatings was the largest revenue generating application in 2023.
- Paints & Coatings is the most lucrative application segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 287.8 million |
| Market revenue in 2030 | USD 359.4 million |
| Growth rate | 3.2% (CAGR from 2023 to 2030) |
| Largest segment | Paints & coatings |
| Fastest growing segment | Paints & Coatings |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paints & Coatings |
| Key market players worldwide | Basf SE, Dow Inc, Ashland Inc, Croda International PLC, Clariant AG, The Lubrizol Corp, Arkema SA, Evonik Industries AG, Eastman Chemical Co, Akzo Nobel NV |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.7% of the global organic rheological modifiers market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 705.4 million by 2030.
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Organic Rheological Modifiers Market Scope
Organic rheological modifiers market segmentation & scope
Paints & Coatings
Cosmetics & Personal Care
Pharmaceuticals
Oil & Gas
Construction
Other Markets
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
Japan
India
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
Organic Rheological Modifiers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa organic rheological modifiers market
Related regional statistics
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