Market Overview: Middle East & Africa Aliphatic Polyester Polyols Market FY2024-2030
This reports provides an essential and dependable overview of the Middle East & Africa Aliphatic Polyester Polyols Market, serving as a guide for stakeholders navigating the industry's future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.
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Middle East & Africa Aliphatic Polyester Polyols Market Report Coverage Details:
- Base Year: 2023
- Historical Data: 2019-22
- Forecast Period: 2024-2030
- CAGR: 4.40% (2024-2030)
The Middle East & Africa Aliphatic Polyester Polyols Market size was valued at USD 2.11 billion in 2022 & is estimated to grow at a CAGR of around 4.40% during the forecast period, i.e., 2024-30
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Middle East & Africa Aliphatic Polyester Polyols Market Opportunity:
Growing Government Investment in the Automotive Industry to Boost the Demand for Aliphatic Polyester Polyols– Over the years, the Middle East & African nations depended on imports from Japanese & European car manufacturers to cater to the growing demand for automotive vehicles like passenger cars, light trucks, heavy commercial vehicles, etc. Therefore, to minimize the reliance on imports & strengthen its automotive sector, the governments of nations like the UAE, Saudi Arabia, etc., are laying out initiatives & investing heavily to set up new manufacturing units in the Middle Eastern and African countries. For instance,
- In 2022, the M Glory Holding Group announced the opening of its new Electric Vehicle manufacturing unit in the UAE.
This increasing establishment of automotive manufacturing units in the Middle Eastern & African countries is augmenting the demand for automotive paints and aliphatic Polyester Polyols.
Moreover, the increasing government focus on sustainable transportation as a part of the climate change program is facilitating the set-up of new electric vehicle manufacturing units. Therefore, the set-up of new units would uplift the Middle East & Africa Aliphatic Polyester Polyols Market in the foreseen years.
Middle East & Africa Aliphatic Polyester Polyols Market Segmentation Analysis – FY2024-2030
Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the Middle East & Africa Aliphatic Polyester Polyols Market (2024-2030). We prioritize uncovering the pivotal factors that presently drive and will shape the industry's growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.
The Middle East & Africa Aliphatic Polyester Polyols Market segmentation is enlisted below:
By Type
- Polyester Polyether Polyols (PEP) - Market Size & Forecast 2019-2030F, Thousand Tons
- Polycaprolactone Polyols (PCL) - Market Size & Forecast 2019-2030F, Thousand Tons
- Polycarbonate Polyols - Market Size & Forecast 2019-2030F, Thousand Tons
- Adipate Polyols - Market Size & Forecast 2019-2030F, Thousand Tons
- Others (Azelaic Polyols, Sebacate Polyols, etc.)- Market Size & Forecast 2019-2030F, Thousand Tons
By Manufacturing Process
- Esterification - Market Size & Forecast 2019-2030F, Thousand Tons
- Ring-Opening Polymerization (ROP) - Market Size & Forecast 2019-2030F, Thousand Tons
- Transesterification - Market Size & Forecast 2019-2030F, Thousand Tons
- Others (Polyaddition, Biological Synthesis, etc.) - Market Size & Forecast 2019-2030F, Thousand Tons
By Application
- Elastomers- Market Size & Forecast 2019-2030F, Thousand Tons
- Coatings- Market Size & Forecast 2019-2030F, Thousand Tons
- Adhesives & Sealants- Market Size & Forecast 2019-2030F, Thousand Tons
- Polyurethane Foam- Market Size & Forecast 2019-2030F, Thousand Tons
- Flexible- Market Size & Forecast 2019-2030F, Thousand Tons
- Rigid- Market Size & Forecast 2019-2030F, Thousand Tons
- Others (Encapsulation & Potting Compounds, Protective Films, etc.)- Market Size & Forecast 2019-2030F, Thousand Tons
By End Users
- Automotive- Market Size & Forecast 2019-2030F, Thousand Tons
- Aerospace - Market Size & Forecast 2019-2030F, Thousand Tons
- Electronics- Market Size & Forecast 2019-2030F, Thousand Tons
- Building & Construction- Market Size & Forecast 2019-2030F, Thousand Tons
- Packaging- Market Size & Forecast 2019-2030F, Thousand Tons
- Others (Furniture, Marine, etc.) - Market Size & Forecast 2019-2030F, Thousand Tons
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By Country
- The UAE
- Saudi Arabia
- Qatar
- Kuwait
- Bahrain
- Egypt
- South Africa
- Rest of The Middle East & Africa
Middle East & Africa Aliphatic Polyester Polyols Market Competitive Landscape
Mokarrar Engineering Materials, BaalBaaki Chemical Industries, Lanxess , Coim Group, BASF SE, Invista, Polyolstechnologies Private Limited, Quimidogra, Stephan Company, Esterpol, Others,.
Middle East & Africa Aliphatic Polyester Polyols Industry News:
- In 2023, Lanxess announced venture with DSM Engineering Materials for manufacturing High-Performance Materials (HPM). The collaboration would provide high-performance solutions for industries, such as automotive and new mobility, electronics and electrical, and consumer goods sectors.
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Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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