Middle East & Africa Solvent-based Plastic Recycling Market Size & Outlook
Middle East & Africa solvent-based plastic recycling market, 2018-2030 (US$M)
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MEA solvent-based plastic recycling market highlights
- The MEA solvent-based plastic recycling market generated a revenue of USD 31.4 million in 2024.
- The market is expected to grow at a CAGR of 3.5% from 2025 to 2030.
- In terms of segment, polystyrene was the largest revenue generating product in 2024.
- Polyvinyl Chloride is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2024 | USD 31.4 million |
| Market revenue in 2030 | USD 38.7 million |
| Growth rate | 3.5% (CAGR from 2024 to 2030) |
| Largest segment | Polystyrene |
| Fastest growing segment | Polyvinyl Chloride |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polystyrene, Polyethylene Terephthalate, Polyethylene, Polyvinyl Chloride, Polypropylene |
| Key market players worldwide | Solvay SA, Sulzer AG, Trinseo PLC, Procter & Gamble Co, PureCycle Technologies Inc Ordinary Shares, APK, Fraunhofer-Gesellschaft, Saperatec |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.7% of the global solvent-based plastic recycling market in 2024.
- Globally, Europe 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 73.1 million by 2030.
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Solvent-based Plastic Recycling Market Scope
Solvent-based Plastic Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa solvent-based plastic recycling 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 solvent-based plastic recycling market will help companies and investors design strategic landscapes.
Polystyrene was the largest segment with a revenue share of 48.41% in 2024. Horizon Databook has segmented the Middle East & Africa solvent-based plastic recycling market based on polystyrene, polyethylene terephthalate, polyethylene, polyvinyl chloride, polypropylene covering the revenue growth of each sub-segment from 2018 to 2030.
Industrial manufacturing in the Middle East & Africa has witnessed steady growth in the past few years. A shift in focus toward the non-oil private sector in the region is predicted to boost manufacturing and other end-use industries, as well as diversify the economy of the region.
The efforts taken by various governments in the region to support the growth of plastic recycling in industrial sector and achieve economic goals are anticipated to contribute to the growth of the solvent-based plastic recycling market in the coming years.
For instance, the mega-urban development project aiming to construct 12,000 new housing units by 2022, under the Vision 2030 plan, is anticipated to significantly propel the growth of construction industry. This is anticipated to create demand for solvent-based recycled plastics in automotive and construction applications in the region.
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Target buyers of Middle East & Africa solvent-based plastic recycling market databook
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Our clientele includes a mix of solvent-based plastic recycling market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa solvent-based plastic recycling market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa solvent-based plastic recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa solvent-based plastic recycling market
Middle East & Africa Solvent-based Plastic Recycling Market Outlook Share, 2024 & 2030 (US$M)
Middle East & Africa solvent-based plastic recycling market
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