Market revenue in 2022 | USD 2,808.3 million |
Market revenue in 2030 | USD 3,630.5 million |
Growth rate | 3.3% (CAGR from 2022 to 2030) |
Largest segment | Construction |
Fastest growing segment | ELECTRICAL & ELECTRONICS |
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 |
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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 polyurethane market will help companies and investors design strategic landscapes.
Construction was the largest segment with a revenue share of 37.47% in 2022. Horizon Databook has segmented the Middle East & Africa polyurethane market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
For emission reduction, tendency for shifting toward green economy, rising demand for conventional energy sources & their high prices, and negative effect of using fossil fuels for electricity production have led the governments of United Arab Emirates (U.A.E.), Saudi Arabia, and Kuwait to introduce and implement energy-efficiency policies.
These policies have boosted the construction sector for construction of energy-efficient buildings and retrofitting of existing buildings. Since polyurethane has a high insulation attribute, construction industry has largely adopted the use of polyurethane in almost every application including flooring, roofing, microcellular foam seals, gaskets, paints & coatings, adhesives & sealants, binders, and others.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa polyurethane market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa polyurethane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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