Middle East & Africa Aliphatic Polyester Polyols Market Thrives at USD 2.11 billion in 2022, and Set to Grow 4.40% C

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Middle East & Africa Aliphatic Polyester Polyols Market Thrives at USD 2.11 billion in 2022, and Set to Grow 4.40% CAGR Growth By 2030

In-Depth Analysis of the Middle East Africa Aliphatic Polyester Polyols Market: 2024-2030 Forecasts

MarkNtel Advisors has recently released an in-depth study on the Middle East Africa Aliphatic Polyester Polyols Market, covering historical data, current market trends, marketing strategies, technological advancements, upcoming technologies, emerging opportunities, and technical advancements in the relevant industry.

How big is the Keyword Industry?

The Middle East Africa Aliphatic Polyester Polyols Market size was valued at around 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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Who are the top players in the Middle East Africa Aliphatic Polyester Polyols Market?

  • 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 Market Segmentation:

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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Regional/ Countries Insight:

  • The UAE
  • Saudi Arabia
  • Qatar
  • Kuwait
  • Bahrain
  • Egypt
  • South Africa
  • Rest of The Middle East Africa

What are the primary market drivers influencing the growth of Middle East Africa Aliphatic Polyester Polyols Market?

The Middle East Africa Aliphatic Polyester Polyols Market Driver:

Rising Hotels Construction in the Countries to Augment the Requirement for Paints Coatings – Over the past few years, tourism in Middle East African countries has significantly increased due to the rise in recreational activities or sports events like FIFA World Cup, Auto Expo, etc. In addition, these countries also hold cultural importance due to the presence of religious sites in Middle Eastern countries like Saudi Arabia, Oman, etc. As a result, several foreign travelers visit the country for its cultural heritage exploration.

According to the Ministry of Tourism Saudi Arabia, in 2022, the country witnessed around 93.5 million foreign domestic tourists. Similarly, according to the UAE's Ministry of Tourism, in 2022, the country welcomed approximately 14 million foreign tourists. This significant surge in inbound foreign travelers is uplifting the demand for accommodation facilities. Thus, several hotel groups like Radisson Blu, W Hospitality Group, etc., are expanding their hotels, boosting the need for building construction materials. For instance,

  • In 2023, the hotel group Radisson Blu announced its plans to construct more than 7 hotels in the country as a part of its market expansion plans.

This surge in the construction of hotels resorts is facilitating requirements for paints, coatings, sealants, etc., hence, driving the Middle East African aliphatic Polyester Polyols Market.

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Gain a Competitive Edge with Market Research Report

  1. The Middle East Africa Aliphatic Polyester Polyols Market Report by MarkNtel Advisors offers a detailed analysis of the market size, growth rate, competitive landscape, and key players, allowing businesses to gain a comprehensive understanding of market dynamics.
  2. Businesses can utilize the report to identify emerging opportunities and potential challenges in the market by highlighting current trends and providing future projections.
  3. The insights provided in the report enable companies to align their strategies based on market forecasts, ensuring they can stay ahead of the competition and make informed decisions.
  4. Apart from market trends and projections, the Middle East Africa Aliphatic Polyester Polyols Market Report assists in assessing and mitigating risks associated with entering or operating in the market
  5. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategic approaches to minimize risks and optimize their operations, enhancing their competitive edge in the market.

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We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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