Middle East & Africa Polystyrene (ps) Market Size & Outlook
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MEA polystyrene (ps) market highlights
- The MEA polystyrene (ps) market generated a revenue of USD 2,043.9 million in 2022.
- The market is expected to grow at a CAGR of 3.8% from 2023 to 2030.
- In terms of segment, packaging was the largest revenue generating end use in 2022.
- MEDICAL is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 2,043.9 million |
| Market revenue in 2030 | USD 2,749.8 million |
| Growth rate | 3.8% (CAGR from 2022 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | MEDICAL |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Basf SE, CHIMEI, Atlas Engineered Products Ltd, Alpek SA Class A, Formosa Plastics Group, INEOS, Kumho Petrochemical, LG Chem, SABIC, Synthomer PLC, Trinseo PLC |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.8% of the global polystyrene (ps) market in 2022.
- 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 38,318.5 million by 2030.
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Polystyrene (PS) Market Scope
Polystyrene (PS) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Alpek SA Class A | View profile | 5867 | Avenida Gomez Morin Sur No. 1111, Col. Carrizalejo, San Pedro Garza Garcia, NL, Mexico, 66254 | https://www.alpek.com |
| Atlas Engineered Products Ltd | View profile | - | 2005 Boxwood Road, Nanaimo, BC, Canada, V9S 5X9 | https://www.atlasengineeredproducts.com |
| Kumho Petrochemical | View profile | 1001-5000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.kkpc.com/ |
| CHIMEI | View profile | 101-250 | Tainan, T'ai-wan, Taiwan, Asia | https://www.chimei.com.tw |
| INEOS | View profile | 10001+ | Rolle, Geneve, Switzerland, Europe | http://www.ineos.com/ |
| Formosa Plastics Group | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | https://www.fpg.com.tw/ |
| Synthomer PLC | View profile | 4215 | 45 Pall Mall, London, United Kingdom, SW1Y 5JG | https://www.synthomer.com |
| SABIC | View profile | 10001+ | Riyadh, Ar Riyad, Saudi Arabia, Asia | http://www.sabic.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| Trinseo PLC | View profile | 3100 | 440 East Swedesford Road, Suite 301, Wayne, PA, United States, 19087 | https://www.trinseo.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Middle East & Africa polystyrene (ps) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polystyrene (ps) market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 54.49% in 2022. Horizon Databook has segmented the Middle East & Africa polystyrene (ps) market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Polystyrene (PS) End Use Outlook (Revenue, USD Million, 2018-2030)
- PACKAGING
- CONSTRUCTION
- ELECTRICAL & ELECTRONICS
- AUTOMOTIVE
- MEDICAL
- OTHER END USES
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Target buyers of Middle East & Africa polystyrene (ps) market databook
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Our clientele includes a mix of polystyrene (ps) market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa polystyrene (ps) market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa polystyrene (ps) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA polystyrene (ps) market size, by country, 2018-2030 (US$M)
Middle East & Africa Polystyrene (PS) Market Outlook Share, 2022 & 2030 (US$M)
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