Middle East & Africa Precipitated Silica Market Size & Outlook
The precipitated silica market in Middle East & Africa is expected to reach a projected revenue of US$ 114.1 million by 2030. A compound annual growth rate of 6.3% is expected of Middle East & Africa precipitated silica market from 2023 to 2030.
Revenue, 2022 (US$M)
$70.3
Forecast, 2030 (US$M)
$114.1
CAGR, 2023 - 2030
6.3%
Report Coverage
Middle East & Africa
Related Markets
MEA precipitated silica market highlights
- The MEA precipitated silica market generated a revenue of USD 70.3 million in 2022.
- The market is expected to grow at a CAGR of 6.2% from 2023 to 2030.
- In terms of segment, rubber was the largest revenue generating application in 2022.
- Rubber is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 70.3 million |
| Market revenue in 2030 | USD 114.1 million |
| Growth rate | 6.2% (CAGR from 2022 to 2030) |
| Largest segment | Rubber |
| Fastest growing segment | Rubber |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rubber, Agrochemicals, Oral Care, Food Industry, Other Applications |
| Key market players worldwide | J.M. Huber Corporation, Evonik Industries AG, PPG Industries Inc, IQE PLC, Solvay SA, Tosoh Corp, Standard Industries |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.3% of the global precipitated silica 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 1,675.4 million by 2030.
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Precipitated Silica Market Scope
Precipitated silica market segmentation & scope
Precipitated Silica Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tosoh Corp | View profile | 14266 | 3-8-2 Shiba, Minata-ku, Tokyo, Japan, 105-8623 | http://www.tosoh.com |
| IQE PLC | View profile | 1528 | Pascal Close, Saint Mellons, Cardiff, South Glamorgan, United Kingdom, CF3 0LW | https://www.iqep.com |
| J.M. Huber Corporation | View profile | 5001-10000 | Edison, New Jersey, United States, North America | http://www.huber.com |
| PPG Industries Inc | View profile | 53000 | One PPG Place, Pittsburgh, PA, United States, 15272 | https://www.ppg.com |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| Standard Industries | View profile | 10001+ | New York, New York, United States, North America | https://www.standardindustries.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
MEA precipitated silica market size, by country, 2018-2030 (US$M)
Middle East & Africa Precipitated Silica Market Outlook Share, 2022 & 2030 (US$M)
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