Middle East & Africa Pentaerythritol Market Size & Outlook
The pentaerythritol market in Middle East & Africa is expected to reach a projected revenue of US$ 2,547.4 million by 2030. A compound annual growth rate of 41.9% is expected of Middle East & Africa pentaerythritol market from 2024 to 2030.
Revenue, 2023 (US$M)
$219.8
Forecast, 2030 (US$M)
$2,547.4
CAGR, 2024 - 2030
41.9%
Report Coverage
Middle East & Africa
Middle East & Africa pentaerythritol market, 2018-2030 (US$M)
MEA pentaerythritol market highlights
- The MEA pentaerythritol market generated a revenue of USD 219.8 million in 2023.
- The market is expected to grow at a CAGR of 41.9% from 2024 to 2030.
- In terms of segment, mono-pentaerythritol was the largest revenue generating product in 2023.
- Mono-Pentaerythritol is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 219.8 million |
| Market revenue in 2030 | USD 2,547.4 million |
| Growth rate | 41.9% (CAGR from 2023 to 2030) |
| Largest segment | Mono-pentaerythritol |
| Fastest growing segment | Mono-Pentaerythritol |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mono-Pentaerythritol |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.9% of the global pentaerythritol 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 8,680.7 million by 2030.
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Pentaerythritol Market Scope
Pentaerythritol market segmentation & scope
Application
Paints & Coatings
Lubricants
Plasticizer
Explosives
Agriculture
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
India
Japan
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
Pentaerythritol Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa pentaerythritol market
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