Gulf Cooperation Council Polyurea Market Size & Outlook

The polyurea market in Gulf Cooperation Council is expected to reach a projected revenue of US$ 40.4 million by 2030. A compound annual growth rate of 5.6% is expected of Gulf Cooperation Council polyurea market from 2024 to 2030.
Revenue, 2023 (US$M)
$27.6
Forecast, 2030 (US$M)
$40.4
CAGR, 2024 - 2030
5.6%
Report Coverage
Gulf Cooperation Council

Gulf Cooperation Council polyurea market highlights

  • The Gulf Cooperation Council polyurea market generated a revenue of USD 27.6 million in 2023 and is expected to reach USD 40.4 million by 2030.
  • The Gulf Cooperation Council market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
  • In terms of segment, aromatic was the largest revenue generating raw material in 2023.
  • Aromatic is the most lucrative raw material segment registering the fastest growth during the forecast period.


Polyurea market data book summary

Market revenue in 2023USD 27.6 million
Market revenue in 2030USD 40.4 million
Growth rate5.6% (CAGR from 2023 to 2030)
Largest segmentAromatic
Fastest growing segmentAromatic
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAromatic, Aliphatic
Key market players worldwideBasf SE, Huntsman Corp, Bayer AG, PPG Industries Inc, Dow Inc, Calumet Specialty Products Partners LP, Flex Ltd


Other key industry trends

  • In terms of revenue, Gulf Cooperation Council accounted for 3.1% of the global polyurea market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, Gulf Cooperation Council polyurea market is projected to lead the regional market in terms of revenue in 2030.
  • Gulf Cooperation Council is the fastest growing regional market in Middle East & Africa and is projected to reach USD 40.4 million by 2030.

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Polyurea Market Companies

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Gulf Cooperation Council polyurea 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 polyurea market will help companies and investors design strategic landscapes.


Aromatic was the largest segment with a revenue share of 67.39% in 2023. Horizon Databook has segmented the Gulf Cooperation Council polyurea market based on aromatic, aliphatic covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Gulf Cooperation Council polyurea market databook

  • Our clientele includes a mix of polyurea market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 country-level data and insights on the Gulf Cooperation Council polyurea market , including forecasts for subscribers. This country databook contains high-level insights into Gulf Cooperation Council polyurea market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Gulf Cooperation Council polyurea market size, by raw material, 2018-2030 (US$M)

Gulf Cooperation Council Polyurea Market Outlook Share, 2023 & 2030 (US$M)

Gulf Cooperation Council polyurea market size, by raw material, 2018-2030 (US$M)

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