Middle East & Africa Pigment Dispersion Market Size & Outlook
Middle East & Africa pigment dispersion market, 2018-2030 (US$M)
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MEA pigment dispersion market highlights
- The MEA pigment dispersion market generated a revenue of USD 2,075.9 million in 2023.
- The market is expected to grow at a CAGR of 3.3% from 2024 to 2030.
- In terms of segment, inorganic pigments was the largest revenue generating product in 2023.
- Inorganic Pigments 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 2,075.9 million |
| Market revenue in 2030 | USD 2,599.2 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Inorganic pigments |
| Fastest growing segment | Inorganic Pigments |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inorganic Pigments, Organic Pigments |
| Key market players worldwide | AAON Inc, Basf SE, Clariant AG, Dainichiseika Color & Chemicals Mfg Co Ltd, FLINT Corp., DIC Corp, Solvay SA, Altana AI, Heidelberger Druckmaschinen AG, Avient Corp |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.0% of the global pigment dispersion 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 13,685.1 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Pigment Dispersion Market Scope
Pigment Dispersion Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa pigment dispersion 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 pigment dispersion market will help companies and investors design strategic landscapes.
Inorganic pigments was the largest segment with a revenue share of 52.88% in 2023. Horizon Databook has segmented the Middle East & Africa pigment dispersion market based on inorganic pigments, organic pigments covering the revenue growth of each sub-segment from 2018 to 2030.
Growing construction and automotive sectors, especially in the Middle Eastern countries, including Saudi Arabia, South Africa, Qatar, and the U.A.E., due to economic recovery, increasing infrastructure projects, and advanced real estate regulatory framework are expected to drive the demand for pigment dispersion.
In addition, various factors, including positive demographics and rising tourism, are expected to promote the growth of the construction and automotive sectors in the region. The automotive industry in Saudi Arabia is expected to witness significant growth in the coming years owing to large-scale government investments, along with the rapid urbanization.
According to the International Trade Administration, Saudi Arabia accounted for a share of approximately 52% of the total vehicles sold in the Gulf Cooperation Council in 2020 and approximately 35% in the Middle East/North Africa (MENA) in the same year.
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Our clientele includes a mix of pigment dispersion market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa pigment dispersion market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa pigment dispersion market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA pigment dispersion market size, by country, 2018-2030 (US$M)
Middle East & Africa Pigment Dispersion Market Outlook Share, 2023 & 2030 (US$M)
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