Middle East & Africa Polyamide Market Size & Outlook
Middle East & Africa polyamide market, 2018-2030 (US$M)
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MEA polyamide market highlights
- The MEA polyamide market generated a revenue of USD 870.0 million in 2022.
- The market is expected to grow at a CAGR of 3.6% from 2023 to 2030.
- In terms of segment, automotive was the largest revenue generating end use in 2022.
- ELECTRICAL & ELECTRONICS is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 870.0 million |
| Market revenue in 2030 | USD 1,152.3 million |
| Growth rate | 3.6% (CAGR from 2022 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | ELECTRICAL & ELECTRONICS |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Basf SE, AdvanSix Inc, Ube Corp, Toray Industries Inc, Ashley Services Group Ltd DR, Toyobo Co Ltd, Lanxess AG, Huntsman Corp, Goodfellow Inc, Domo Chemicals, Ascend Performance Materials |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.4% of the global polyamide market in 2022.
- 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 15,016.1 million by 2030.
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Polyamide Market Scope
Polyamide Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa polyamide 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 polyamide market will help companies and investors design strategic landscapes.
Automotive was the largest segment with a revenue share of 48.16% in 2022. Horizon Databook has segmented the Middle East & Africa polyamide market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa market is expected to witness growth owing to massive infrastructure development in the UAE and Saudi Arabia. A shift in focus toward non-oil private sector in the region to boost manufacturing and other end-use industries and to diversify the economy of the country is projected to drive the polyamide market over the forecast period.
In addition, the efforts exerted by the government to support the growth of industrial sector and achieve economic goals are anticipated to contribute to the growth of polyamide market in the coming years.
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Target buyers of Middle East & Africa polyamide market databook
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Our clientele includes a mix of polyamide market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 polyamide market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa polyamide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA polyamide market size, by country, 2018-2030 (US$M)
Middle East & Africa Polyamide Market Outlook Share, 2022 & 2030 (US$M)
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