Middle East & Africa Plastic Compounds Market Size & Outlook
Middle East & Africa plastic compounds market, 2017-2028 (US$M)
MEA plastic compounds market highlights
- The MEA plastic compounds market generated a revenue of USD 5,126.3 million in 2020.
- The market is expected to grow at a CAGR of 3.9% from 2021 to 2028.
- In terms of segment, polyethylene (pe) was the largest revenue generating resin in 2020.
- Bioplastic (excluding PBT) is the most lucrative resin segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2020 | USD 5,126.3 million |
| Market revenue in 2028 | USD 6,942.1 million |
| Growth rate | 3.9% (CAGR from 2020 to 2028) |
| Largest segment | Polyethylene (pe) |
| Fastest growing segment | Bioplastic (excluding PBT) |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| 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 7.7% of the global plastic compounds market in 2020.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 49,733.8 million by 2028.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Plastic Compounds Market Scope
Plastic Compounds Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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 38.55% in 2020. 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 2017 to 2028.
Reasons to subscribe to Middle East & Africa plastic compounds market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa plastic compounds market databook
-
Our clientele includes a mix of plastic compounds market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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 2017 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Middle East & Africa plastic compounds market
Middle East & Africa Plastic Compounds Market Outlook Share, 2020 & 2028 (US$M)
Middle East & Africa plastic compounds market
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
