Middle East & Africa Plastic Compounds Market Size & Outlook
MEA plastic compounds market highlights
- The MEA plastic compounds market generated a revenue of USD 5,901.7 million in 2024.
- The market is expected to grow at a CAGR of 4% from 2025 to 2030.
- In terms of segment, polyethylene (pe) was the largest revenue generating resin in 2024.
- Blends (PC/ABS, ABS/PBT, PS/PP) is the most lucrative resin segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2024 | USD 5,901.7 million |
| Market revenue in 2030 | USD 7,481.6 million |
| Growth rate | 4% (CAGR from 2025 to 2030) |
| Largest segment | Polyethylene (pe) |
| Fastest growing segment | Blends (PC/ABS, ABS/PBT, PS/PP) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene (PP), Polyethylene (PE), Thermoplastic elastomers (TPE), Polystyrene (PS), Polybutylene Terephthalate (PBT), Polyamide (PA), Polycarbonate (PC), Acrylonitrile Butadiene Systems (ABS), Bioplastic (excluding PBT), Acrylonitrile styrene acrylate (ASA), Styrene Acrylonitrile (SAN), Polymethyl methacrylate (PMMA), Polyoxymethylene (POM), Blends (PC/ABS, ABS/PBT, PS/PP) |
| Key market players worldwide | Asahi Kasei Corp, Basf SE, Chevron Corp, China XD, Covestro AG, Dow Inc, DuPont de Nemours Inc, Qingdao Gon Technology, Adell Plastics, Inc., Foster Corporation |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.3% of the global plastic compounds market in 2024.
- 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 55,169.9 million by 2030.
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Plastic Compounds Market Scope
Plastic Compounds Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Foster Corporation | View profile | 101-250 | Putnam, Connecticut, United States, North America | https://www.fostercomp.com/ |
| Adell Plastics, Inc. | View profile | 101-250 | Baltimore, Maryland, United States, North America | http://adellplas.com |
| Qingdao Gon Technology | View profile | 1001-5000 | Qingdao Shi, Shandong, China, Asia | http://www.qdgon.com/ |
| China XD | View profile | - | Harbin, Heilongjiang, China, Asia | http://www.chinaxd.net/en/index.aspx |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Chevron Corp | View profile | 45600 | 6001 Bollinger Canyon Road, San Ramon, CA, United States, 94583-2324 | https://www.chevron.com |
| Covestro AG | View profile | 17520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | https://www.covestro.com/en |
| Asahi Kasei Corp | View profile | 48897 | 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, Japan, 101-8101 | http://www.asahi-kasei.co.jp |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Middle East & Africa plastic compounds 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 plastic compounds market will help companies and investors design strategic landscapes.
Polyethylene (pe) was the largest segment with a revenue share of 36.08% in 2024. Horizon Databook has segmented the Middle East & Africa plastic compounds market based on polypropylene (pp), polyethylene (pe), thermoplastic elastomers (tpe), polystyrene (ps), polybutylene terephthalate (pbt), polyamide (pa), polycarbonate (pc), acrylonitrile butadiene systems (abs), bioplastic (excluding pbt), acrylonitrile styrene acrylate (asa), styrene acrylonitrile (san), polymethyl methacrylate (pmma), polyoxymethylene (pom), blends (pc/abs, abs/pbt, ps/pp) covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of plastic compounds 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 plastic compounds market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa plastic compounds market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Plastic Compounds Market Outlook Share, 2024 & 2030 (US$M)
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