Middle East & Africa Polyethylene Naphthalate Market Size & Outlook
The polyethylene naphthalate market in Middle East & Africa is expected to reach a projected revenue of US$ 50.7 million by 2030. A compound annual growth rate of 5.7% is expected of Middle East & Africa polyethylene naphthalate market from 2024 to 2030.
Revenue, 2023 (US$M)
$34.4
Forecast, 2030 (US$M)
$50.7
CAGR, 2024 - 2030
5.7%
Report Coverage
Middle East & Africa
Middle East & Africa polyethylene naphthalate market, 2018-2030 (US$M)
MEA polyethylene naphthalate market highlights
- The MEA polyethylene naphthalate market generated a revenue of USD 34.4 million in 2023.
- The market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, beverage bottling was the largest revenue generating end use in 2023.
- Beverage Bottling is the most lucrative end use segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 34.4 million |
| Market revenue in 2030 | USD 50.7 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Beverage bottling |
| Fastest growing segment | Beverage Bottling |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beverage Bottling |
| Key market players worldwide | DuPont de Nemours Inc, SKC & Co., Sumitomo Chemical Co Ltd, Polyonics, 3M Co, Kolon Industries, Sasa Polyester, Performance Health, Toray Industries Inc, Teijin Ltd, DuPont Teijin Films |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.8% of the global polyethylene naphthalate 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 1,120.9 million by 2030.
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Polyethylene Naphthalate Market Scope
Polyethylene naphthalate market segmentation & scope
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Russia
Denmark
Sweden
Norway
China
India
Japan
South Korea
Australia
Vietnam
Indonesia
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Polyethylene Naphthalate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa polyethylene naphthalate market
Related regional statistics
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