Renewable Chemicals in Middle East & Africa
Summary
Renewable Chemicals in Middle East & Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 19-3., and forecast to 28). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Chemicals that are produced from renewable sources such as agricultural feedstock, agricultural & organic wastes, and biomass are termed as renewable chemicals. Renewable chemicals are widely used as direct substitutes for petro-based chemicals due to their lower carbon footprint.
- The Middle East & African renewable chemicals market had total revenues of $2.3 billion in 2023, representing a compound annual growth rate (CAGR) of 5.1% between 2018 and 2023.
- The fine chemicals segment accounted for the market's largest proportion in 2023, with total revenues of $0.8 billion, equivalent to 33.4% of the market's overall value.
- The Middle East and Africa accounted for a 0.8% share of the global renewable chemicals market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable chemicals market in Middle East & Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable chemicals market in Middle East & Africa
- Leading company profiles reveal details of key renewable chemicals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Middle East & Africa renewable chemicals market with five year forecasts
- What was the size of the Middle East & Africa renewable chemicals market by value in 2023
- What will be the size of the Middle East & Africa renewable chemicals market in 2028?
- What factors are affecting the strength of competition in the Middle East & Africa renewable chemicals market?
- How has the market performed over the last five years?
- What are the main segments that make up Middle East & Africa's renewable chemicals market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. Saudi Basic Industries Corporation
- 8.2. Evonik Industries AG
- 8.3. BASF SE
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- About GlobalData
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