Middle East & Africa Polycarbonate Market Size & Outlook
Middle East & Africa polycarbonate market, 2018-2030 (US$M)
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MEA polycarbonate market highlights
- The MEA polycarbonate market generated a revenue of USD 893.1 million in 2022.
- The market is expected to grow at a CAGR of 3.8% from 2023 to 2030.
- In terms of segment, electrical & electronics was the largest revenue generating end use in 2022.
- AUTOMOTIVE 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 893.1 million |
| Market revenue in 2030 | USD 1,204.0 million |
| Growth rate | 3.8% (CAGR from 2022 to 2030) |
| Largest segment | Electrical & electronics |
| Fastest growing segment | AUTOMOTIVE |
| 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 | Covestro AG, Teijin Ltd, Mitsubishi Corp, Trinseo PLC, Idemitsu Kosan Co Ltd, Lotte Chemical, LG Chem, SABIC, Lone Star Chemical, CHIMEI, Entec Polymers, RTP Company |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.9% of the global polycarbonate 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 15,623.9 million by 2030.
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Polycarbonate Market Scope
Polycarbonate Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa polycarbonate 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 polycarbonate market will help companies and investors design strategic landscapes.
Electrical & electronics was the largest segment with a revenue share of 25.71% in 2022. Horizon Databook has segmented the Middle East & Africa polycarbonate 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 construction sector in the Middle East & Africa (MEA) is rapidly growing and is likely to expand in the future, driving polycarbonate consumption. Along with the construction industry, the region is also expected to grow in terms of consumer goods which will drive the consumption of polycarbonates in packaging applications.
Rapid urbanization, population growth, and positive developments in regional economic conditions across the U.A.E., Qatar, and Bahrain are further expected to boost the demand for polycarbonates in other developing applications such as automotive, electronics, packaging, and consumer goods.
The aviation industry is expected to show steady growth, even though several economic activities are pulling down the industry. Apart from the aviation industry, construction and automotive industries are also expected to rise significantly in the region.
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Target buyers of Middle East & Africa polycarbonate market databook
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Our clientele includes a mix of polycarbonate market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa polycarbonate market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa polycarbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA polycarbonate market size, by country, 2018-2030 (US$M)
Middle East & Africa Polycarbonate Market Outlook Share, 2022 & 2030 (US$M)
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