Middle East & Africa Polyolefin Elastomers Market Size & Outlook
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MEA polyolefin elastomers market highlights
- The MEA polyolefin elastomers market generated a revenue of USD 19.7 million in 2023.
- The market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, polyethylene (pe) was the largest revenue generating type in 2023.
- Polyethylene (PE) is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 19.7 million |
| Market revenue in 2030 | USD 28.6 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene (pe) |
| Fastest growing segment | Polyethylene (PE) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene (PE), Polypropylene (PP) |
| Key market players worldwide | Mitsui Chemicals Inc, LG Chem, RTP Company, Dow Inc, Navient Corporation, Sai Industries, OMV AG, Exxon Mobil Corp, LyondellBasell Industries NV Class A, Arkema SA, Hanwha, Braskem SA ADR, INEOS, Bhimrajka Impex Group |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.4% of the global polyolefin elastomers 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 1,406.2 million by 2030.
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Polyolefin Elastomers Market Scope
Polyolefin Elastomers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Bhimrajka Impex Group | View profile | 51-100 | Mumbai, Maharashtra, India, Asia | https://www.bhimrajka.com |
| Sai Industries | View profile | 11-50 | Mumbai, Maharashtra, India, Asia | https://www.saiindustries.in |
| Navient Corporation | View profile | 5001-10000 | Wilmington, Delaware, United States, North America | http://jobs.navient.com/ |
| RTP Company | View profile | 1001-5000 | Winona, Minnesota, United States, North America | http://rtpcompany.com |
| INEOS | View profile | 10001+ | Rolle, Geneve, Switzerland, Europe | http://www.ineos.com/ |
| Hanwha | View profile | 5001-10000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.hanwhacorp.co.kr/eng/index.jsp |
| Mitsui Chemicals Inc | View profile | 18933 | 1-5-2, Higashi-Shimbashi, Shiodome City Center, Minato-ku, Tokyo, Japan, 105-7122 | http://group.mitsuichemicals.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| Exxon Mobil Corp | View profile | 61500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | https://www.exxonmobil.com |
| OMV AG | View profile | 21091 | Trabrennstrasse 6 - 8, Vienna, Austria, 1020 | https://www.omv.com |
| LyondellBasell Industries NV Class A | View profile | 20000 | One Vine Street, 4th Floor, London, United Kingdom, W1J0AH | https://www.lyondellbasell.com |
| Arkema SA | View profile | 11039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | https://www.arkema.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Braskem SA ADR | View profile | 8569 | Rua Lemos Monteiro, 120-24 Andar, Butanta, SP, Brazil, CEP 05501-050 | https://www.braskem.com.br |
Middle East & Africa polyolefin elastomers 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 polyolefin elastomers market will help companies and investors design strategic landscapes.
Polyethylene (pe) was the largest segment with a revenue share of 53.3% in 2023. Horizon Databook has segmented the Middle East & Africa polyolefin elastomers market based on polyethylene (pe), polypropylene (pp) covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of polyolefin elastomers 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 polyolefin elastomers market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa polyolefin elastomers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA polyolefin elastomers market size, by country, 2018-2030 (US$M)
Middle East & Africa Polyolefin Elastomers Market Outlook Share, 2023 & 2030 (US$M)
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