Middle East & Africa Specialty Polyamides Market Size & Outlook
Middle East & Africa specialty polyamides market, 2018-2030 (US$M)
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MEA specialty polyamides market highlights
- The MEA specialty polyamides market generated a revenue of USD 234.4 million in 2022.
- The market is expected to grow at a CAGR of 5.6% from 2023 to 2030.
- In terms of segment, high temperature polyamides was the largest revenue generating product in 2022.
- Long Chain Nylons is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2022 | USD 234.4 million |
| Market revenue in 2030 | USD 362.3 million |
| Growth rate | 5.6% (CAGR from 2022 to 2030) |
| Largest segment | High temperature polyamides |
| Fastest growing segment | Long Chain Nylons |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Long Chain Nylons, High Temperature Polyamides, MXD6/PARA |
| Key market players worldwide | Evonik Industries AG, Arkema SA, Basf SE, Dow Inc, Koninklijke DSM NV, Asahi Kasei Corp, LG Chem, INVISTA, Solvay SA, Radici Group, Ems-Chemie Holding AG, Ube Corp, Kuraray Co Ltd, Mitsubishi Gas Chemical Co Inc, Toyobo Co Ltd |
Other key industry trends
- In terms of revenue, MEA region accounted for 9.2% of the global specialty polyamides market in 2022.
- Globally, Asia Pacific 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 1,948.1 million by 2030.
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Specialty Polyamides Market Scope
Specialty Polyamides Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa specialty polyamides 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 specialty polyamides market will help companies and investors design strategic landscapes.
High temperature polyamides was the largest segment with a revenue share of 48.08% in 2022. Horizon Databook has segmented the Middle East & Africa specialty polyamides market based on long chain nylons, high temperature polyamides, mxd6/para covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa (MEA) Specialty Polyamides market is projected to witness significant growth owing to the rapid expansion of application industries such as energy, consumer goods & retail, electrical & electronics, automotive & transportation, and industrial coatings.
Energy is one of the fastest-growing application segments in the MEA Specialty Polyamides market due to the presence of the Organization of the Petroleum Exporting Countries (OPEC) member countries in the region.
Specialty Polyamides are widely used in the onshore and offshore oil & gas and wind energy sectors. In offshore applications, Specialty Polyamides are used in the transportation of oil & gas to offer protection against chemical attacks, aging, and corrosion.
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Our clientele includes a mix of specialty polyamides market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa specialty polyamides market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa specialty polyamides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa specialty polyamides market
Middle East & Africa Specialty Polyamides Market Outlook Share, 2022 & 2030 (US$M)
Middle East & Africa specialty polyamides market
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