Middle East & Africa Polyphenylene Oxide (ppo) Market Size & Outlook
Middle East & Africa polyphenylene oxide (ppo) market, 2018-2030 (US$M)
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MEA polyphenylene oxide (ppo) market highlights
- The MEA polyphenylene oxide (ppo) market generated a revenue of USD 131.0 million in 2022.
- The market is expected to grow at a CAGR of 4.7% 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 131.0 million |
| Market revenue in 2030 | USD 188.7 million |
| Growth rate | 4.7% (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 | Basf SE, LyondellBasell Industries NV Class A, Sumitomo Chemical Co Ltd, Asahi Kasei Corp, Solvay SA, Mitsubishi Chemical Group Corp, Evonik Industries AG, Toray Industries Inc, Kingfa Science & Technology (I, SABIC, Polyplastics, Momentive, China National Bluestar Group |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.0% of the global polyphenylene oxide (ppo) 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 1,766.3 million by 2030.
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Polyphenylene Oxide (PPO) Market Scope
Polyphenylene Oxide (PPO) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa polyphenylene oxide (ppo) 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 polyphenylene oxide (ppo) market will help companies and investors design strategic landscapes.
Electrical & electronics was the largest segment with a revenue share of 42.52% in 2022. Horizon Databook has segmented the Middle East & Africa polyphenylene oxide (ppo) market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
Plastic industry growth in the region is expected to be driven by automotive, industrial machinery and consumer goods applications. Growing automotive aftermarket and easy raw material availability (plastic resins & additives) are also likely to provide necessary thrust for the growth of the plastics market.
MEA region witnessed a significant demand for polyphenylene oxide products in 2016 and is expected to grow during the forecast period owing to massive oil production in the region.
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Target buyers of Middle East & Africa polyphenylene oxide (ppo) market databook
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Our clientele includes a mix of polyphenylene oxide (ppo) 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 polyphenylene oxide (ppo) market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa polyphenylene oxide (ppo) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA polyphenylene oxide (ppo) market size, by country, 2018-2030 (US$M)
Middle East & Africa Polyphenylene Oxide (PPO) Market Outlook Share, 2022 & 2030 (US$M)
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