Saudi Arabia Shape Memory Polymer Market Size & Outlook

The shape memory polymer market in Saudi Arabia is expected to reach a projected revenue of US$ 40.7 million by 2030. A compound annual growth rate of 22.6% is expected of Saudi Arabia shape memory polymer market from 2024 to 2030.
Revenue, 2023 (US$M)
$9.8
Forecast, 2030 (US$M)
$40.7
CAGR, 2024 - 2030
22.6%
Report Coverage
Saudi Arabia

Saudi Arabia shape memory polymer market highlights

  • The Saudi Arabia shape memory polymer market generated a revenue of USD 9.8 million in 2023 and is expected to reach USD 40.7 million by 2030.
  • The Saudi Arabia market is expected to grow at a CAGR of 22.6% from 2024 to 2030.
  • In terms of segment, polyurethane (pu) was the largest revenue generating material in 2023.
  • Polyurethane (PU) is the most lucrative material segment registering the fastest growth during the forecast period.


Shape memory polymer market data book summary

Market revenue in 2023USD 9.8 million
Market revenue in 2030USD 40.7 million
Growth rate22.6% (CAGR from 2023 to 2030)
Largest segmentPolyurethane (pu)
Fastest growing segmentPolyurethane (PU)
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolyurethane (PU), Epoxy, Polylactide (PLA)


Other key industry trends

  • In terms of revenue, Saudi Arabia accounted for 0.9% of the global shape memory polymer market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, Saudi Arabia shape memory polymer market is projected to lead the regional market in terms of revenue in 2030.
  • Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 40.7 million by 2030.

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Shape Memory Polymer Market Companies

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Saudi Arabia shape memory polymer 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 shape memory polymer market will help companies and investors design strategic landscapes.


Polyurethane (pu) was the largest segment with a revenue share of 60.2% in 2023. Horizon Databook has segmented the Saudi Arabia shape memory polymer market based on polyurethane (pu), epoxy, polylactide (pla) covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia shape memory polymer market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia shape memory polymer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Saudi Arabia shape memory polymer market size, by material, 2018-2030 (US$M)

Saudi Arabia Shape Memory Polymer Market Outlook Share, 2023 & 2030 (US$M)

Saudi Arabia shape memory polymer market size, by material, 2018-2030 (US$M)

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