UAE Textile Chemicals Market Size & Outlook, 2022-2030
UAE textile chemicals market, 2018-2030 (US$M)
Related Markets
UAE textile chemicals market highlights
- The UAE textile chemicals market generated a revenue of USD 298.5 million in 2022 and is expected to reach USD 406.6 million by 2030.
- The UAE market is expected to grow at a CAGR of 3.9% from 2023 to 2030.
- In terms of segment, synthetic was the largest revenue generating nature in 2022.
- Natural is the most lucrative nature segment registering the fastest growth during the forecast period.
Textile chemicals market data book summary
| Market revenue in 2022 | USD 298.5 million |
| Market revenue in 2030 | USD 406.6 million |
| Growth rate | 3.9% (CAGR from 2022 to 2030) |
| Largest segment | Synthetic |
| Fastest growing segment | Natural |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural, Synthetic |
| Key market players worldwide | OMV AG, Basf SE, Shell PLC, Lanxess AG, Dow Inc, Huntsman Corp, Kemira Oyj, The Lubrizol Corp, Petronas Chemicals Group Bhd, Evonik Industries AG, Solvay SA |
Other key industry trends
- In terms of revenue, UAE accounted for 1.2% of the global textile chemicals market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa textile chemicals market is projected to lead the regional market in terms of revenue in 2030.
- Morocco is the fastest growing regional market in Middle East & Africa and is projected to reach USD 35.4 million by 2030.
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Textile Chemicals Market Scope
Textile Chemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE textile chemicals 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 textile chemicals market will help companies and investors design strategic landscapes.
Synthetic was the largest segment with a revenue share of 61.88% in 2022. Horizon Databook has segmented the UAE textile chemicals market based on natural, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
According to IMF, the GDP growth of the UAE is estimated to be 3.0% in 2022. It has a large textiles industry, which is an important contributor to its GDP. The country manufactures products such as curtains, child safety seats, luggage, and high-end fashion materials.
Moreover, the UAE has gained a lot of business from other countries that have relocated their operations to Fujairah, an area that is a free zone. The companies located in this free zone are not required to pay corporate income taxes.
Reasons to subscribe to UAE textile chemicals market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UAE textile chemicals market databook
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Our clientele includes a mix of textile chemicals 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE textile chemicals market , including forecasts for subscribers. This country databook contains high-level insights into UAE textile chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE textile chemicals market size, by nature, 2018-2030 (US$M)
UAE Textile Chemicals Market Outlook Share, 2022 & 2030 (US$M)
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