Middle East & Africa Opacifiers Market Size & Outlook
The opacifiers market in Middle East & Africa is expected to reach a projected revenue of US$ 1,800.1 million by 2030. A compound annual growth rate of 5.7% is expected of Middle East & Africa opacifiers market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,224.9
Forecast, 2030 (US$M)
$1,800.1
CAGR, 2024 - 2030
5.7%
Report Coverage
Middle East & Africa
MEA opacifiers market highlights
- The MEA opacifiers market generated a revenue of USD 1,224.9 million in 2023.
- The market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, titanium dioxide was the largest revenue generating product in 2023.
- Titanium Dioxide is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 1,224.9 million |
| Market revenue in 2030 | USD 1,800.1 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Titanium dioxide |
| Fastest growing segment | Titanium Dioxide |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Titanium Dioxide |
| Key market players worldwide | Dow Inc, Arkema SA, Ashland Inc, Tronox Holdings PLC Shs Class A, Kronos Worldwide Inc, Indulor, OMNOVA Solutions, Inc., Venator Materials PLC, Basf SE |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.7% of the global opacifiers market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,668.0 million by 2030.
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Opacifiers Market Scope
Opacifiers market segmentation & scope
Application
Paints & Coatings
Cosmetics
Plastics
Ceramic
Other Applications
Paper
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
India
Japan
South Korea
Brazil
Argentina
Saudi Arabia
South Africa
Opacifiers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| OMNOVA Solutions, Inc. | View profile | 1001-5000 | Fairlawn, Ohio, United States, North America | http://www.omnova.com |
| Indulor | View profile | 11-50 | Ankum, Niedersachsen, Germany, Europe | https://www.indulor.com |
| Venator Materials PLC | View profile | 3413 | Titanium House, Hanzard Drive, Wynyard Park, Stockton-On-Tees, Durham, United Kingdom, TS22 5FD | https://www.venatorcorp.com |
| Tronox Holdings PLC Shs Class A | View profile | 6500 | 263 Tresser Boulevard, Suite 1100, Stamford, CT, United States, 06901 | https://www.tronox.com |
| Kronos Worldwide Inc | View profile | 2196 | 5430 LBJ Freeway, Suite 1700, Dallas, TX, United States, 75240-2620 | https://www.kronostio2.com |
| Ashland Inc | View profile | 3800 | 8145 Blazer Drive, Wilmington, DE, United States, 19808 | http://www.ashland.com |
| Arkema SA | View profile | 11039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | https://www.arkema.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
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