MEA Acrylic Monomers Market - Industry Trends and Forecast to 2030
Middle East and Africa acrylic monomers market is expected to reach USD 703,966.22 thousnad by 2030 from USD 516,694.34 million in 2022, growing at a CAGR of 4.1% during the forecast period of 2023 to 2030.
Market SegmentationMiddle East and Africa Acrylic Monomers Market, By Product (Acrylamide and Methacrylamide, Acrylate, Acrylic Acids and Salts, Acrylonitrile, Bisphenol Acrylics, Carbohydrate monomers, Fluorinated Acrylics, Malemide, Polyfunctional Acrylics, and Others), Application (Plastic, Adhesives and Sealants, Synthetic Resins, Acrylic Fibers, Building materials, Fabrics, Acrylic Rubber, and Others), End Use (Paints and Coatings, Building and Construction, Automotive, Consumer Goods, Packaging, Water Treatment, Marine, Aerospace, and Others)Country (South Africa, Saudi Arabia, U.A.E., Egypt, Israel, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030
Overview of Middle East and Africa Acrylic Monomers Market Dynamics
Drivers
• Positive outlook towards the paints and coatings industry
• Increasing spending in the construction sector
Restraint
• Fluctuations in the prices of raw materials
Opportunity
• Shifting the focus of manufacturers toward eco-friendly acrylic monomers
Market PlayersSome of the major market players operating in the Middle East and Africa acrylic monomers market are:• Pallav Chemicals
• Chirag Enterprise
• DHALOP CHEMICALS
• B JOSHI AGROCHEM PHARMA
• BASF SE
• Arkema
• Mitsubishi Chemical Group Corporation
• DOW
• LG Chem
• Evonik Industries AG
• NIPPON SHOKUBAI CO., LTD.
• Bharat Petroleum Corporation Limited
• LobaChemie Pv.t Ltd.
• Solventis
• Tokyo Chemical Industries CO., Ltd.
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