Middle East & Africa Styrene Butadiene Styrene Market Size & Outlook

The styrene butadiene styrene market in Middle East & Africa is expected to reach a projected revenue of US$ 500.2 million by 2030. A compound annual growth rate of 3.6% is expected of Middle East & Africa styrene butadiene styrene market from 2022 to 2030.
Revenue, 2021 (US$M)
$362.8
Forecast, 2030 (US$M)
$500.2
CAGR, 2022 - 2030
3.6%
Report Coverage
Middle East & Africa

MEA styrene butadiene styrene market highlights

  • The MEA styrene butadiene styrene market generated a revenue of USD 362.8 million in 2021.
  • The market is expected to grow at a CAGR of 3.6% from 2022 to 2030.
  • In terms of segment, non-oil-extended sbs was the largest revenue generating type in 2021.
  • Non-Oil-extended SBS is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Gulf Cooperation Council is expected to register the highest CAGR from 2022 to 2030.


MEA data book summary

Market revenue in 2021USD 362.8 million
Market revenue in 2030USD 500.2 million
Growth rate3.6% (CAGR from 2021 to 2030)
Largest segmentNon-oil-extended sbs
Fastest growing segmentNon-Oil-extended SBS
Historical data covered2019 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNon-Oil-extended SBS, Oil Extended SBS
Key market players worldwideKumho Petrochemical, LG Chem, Avient Corp, Biesterfeld, Trinseo PLC, Cnpc Capital, Kraton Performance Polymers, Dynasol Group


Other key industry trends

  • In terms of revenue, MEA region accounted for 7.0% of the global styrene butadiene styrene market in 2021.
  • 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 2,817.4 million by 2030.

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Styrene Butadiene Styrene Market Companies

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Middle East & Africa styrene butadiene styrene 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 styrene butadiene styrene market will help companies and investors design strategic landscapes.


Non-oil-extended sbs was the largest segment with a revenue share of 70.42% in 2021. Horizon Databook has segmented the Middle East & Africa styrene butadiene styrene market based on non-oil-extended sbs, oil extended sbs covering the revenue growth of each sub-segment from 2019 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa styrene butadiene styrene market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa styrene butadiene styrene market from 2019 to 2030, including revenue numbers, major trends, and company profiles.

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MEA styrene butadiene styrene market size, by country, 2019-2030 (US$M)

Middle East & Africa Styrene Butadiene Styrene Market Outlook Share, 2021 & 2030 (US$M)

MEA styrene butadiene styrene market size, by country, 2019-2030 (US$M)

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