Middle East & Africa Silicone In Car Care Products Market Size & Outlook
Middle East & Africa silicone in car care products market, 2016-2028 (US$M)
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MEA silicone in car care products market highlights
- The MEA silicone in car care products market generated a revenue of USD 4.2 million in 2020.
- The market is expected to grow at a CAGR of 1.8% from 2021 to 2028.
- In terms of segment, specialty silicones was the largest revenue generating product in 2020.
- Specialty Silicones is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2021 to 2028.
MEA data book summary
| Market revenue in 2020 | USD 4.2 million |
| Market revenue in 2028 | USD 4.9 million |
| Growth rate | 1.8% (CAGR from 2020 to 2028) |
| Largest segment | Specialty silicones |
| Fastest growing segment | Specialty Silicones |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Silicone, Specialty Silicones |
| Key market players worldwide | 3M Co, CHT Group, Evonik Industries AG, Dow Inc, Momentive, Henkel AG & Co KGaA, Sonax, Wacker Chemie AG, Shin-Etsu Chemical Co Ltd, Energizer Holdings Inc, MA-FRA, Liqui Moly |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.9% of the global silicone in car care products market in 2020.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 128.0 million by 2028.
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Silicone In Car Care Products Market Scope
Silicone In Car Care Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa silicone in car care products 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 silicone in car care products market will help companies and investors design strategic landscapes.
Specialty silicones was the largest segment with a revenue share of 61.9% in 2020. Horizon Databook has segmented the Middle East & Africa silicone in car care products market based on silicone, specialty silicones covering the revenue growth of each sub-segment from 2016 to 2028.
The Middle East & Africa silicone in car care products market is anticipated to witness significant growth over the forecast period on account of economic growth of Egypt, the U.A.E., and Saudi Arabia. In addition, the growing production of automobiles in Africa is likely to fuel the demand for silicone in car care products in this region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa silicone in car care products market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa silicone in car care products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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MEA silicone in car care products market size, by country, 2016-2028 (US$M)
Middle East & Africa Silicone In Car Care Products Market Outlook Share, 2020 & 2028 (US$M)
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