Middle East & Africa Oxidized Polyethylene Wax Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$21.6

Forecast, 2030 (US$M)

$26.8

CAGR, 2024 - 2030

3.1%

Report Coverage

Middle East & Africa

Middle East & Africa oxidized polyethylene wax market, 2018-2030 (US$M)

Related Markets

Global Oxidized Polyethylene Wax Industry Outlook

North America Oxidized Polyethylene Wax Market Outlook

U.S. Oxidized Polyethylene Wax Market Outlook

Europe Oxidized Polyethylene Wax Market Outlook

Asia Pacific Oxidized Polyethylene Wax Market Outlook

China Oxidized Polyethylene Wax Market Outlook

Latin America Oxidized Polyethylene Wax Market Outlook

MEA oxidized polyethylene wax market highlights

The MEA oxidized polyethylene wax market generated a revenue of USD 21.6 million in 2023.
The market is expected to grow at a CAGR of 3.1% from 2024 to 2030.
In terms of segment, hdpe was the largest revenue generating product in 2023.
LDPE is the most lucrative product segment registering the fastest growth during the forecast period.

MEA data book summary

Market revenue in 2023	USD 21.6 million
Market revenue in 2030	USD 26.8 million
Growth rate	3.1% (CAGR from 2023 to 2030)
Largest segment	Hdpe
Fastest growing segment	LDPE
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	HDPE, LDPE
Key market players worldwide	The Lubrizol Corp, Marcus Corp, Honeywell International Inc, Baerlocher, SCG Chemicals, Durex Industries, Munzing

Other key industry trends

In terms of revenue, MEA region accounted for 3.4% of the global oxidized polyethylene wax market in 2023.
Globally, North America 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 163.0 million by 2030.

Key Regions: U.S. , China

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Oxidized Polyethylene Wax Market Scope

Oxidized polyethylene wax market segmentation & scope

Product

HDPE

LDPE

Application

Plastic Processing

PVC

Polyolefins

Others

Paints & Coatings

Printing Inks

Textiles

Rubber Processing

Metals Processing

Adhesives

Candles

Food

Others

Regions

Europe

Countries

U.S.

China

Oxidized Polyethylene Wax Market Companies

Name	Profile	# Employees	HQ	Website

Middle East & Africa oxidized polyethylene wax 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 oxidized polyethylene wax market will help companies and investors design strategic landscapes.

Hdpe was the largest segment with a revenue share of 82.87% in 2023. Horizon Databook has segmented the Middle East & Africa oxidized polyethylene wax market based on hdpe, ldpe covering the revenue growth of each sub-segment from 2018 to 2030.

Middle East & Africa has a strong demand for printing ink with major demand from packaging industry. The region reflected high growth of printing ink with rise in its end-use industries. Growing demand of flexible packaging is considered to be the key driving factor of the market in Middle East.

Major companies operational in the vertical includes Sun Chemicals, Toyo Ink Group and Huber Group among others, which are recognized as technology-oriented companies. The plastics industry in the region is growing at a rapid pace owing to easy availability of raw materials and technological collaborations.

Rising construction activities in the region is yet another key driver of the ecosystem. In the Middle East, UAE has registered high growth in demand of plastics products. Dubai accounts for a major stake in terms of plastic product consumption with over 375 processing companies that cater 40% of the overall plastics business in United Arab Emirates.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa oxidized polyethylene wax market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa oxidized polyethylene wax market from 2018 to 2030, including revenue numbers, major trends, and company profiles.