Middle East And Africa Masterbatch Market

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Middle East and Africa Masterbatch Market, By Substrate Type (Polyethylene Terephthalate (PET), Polyhydroxyalkanoates (PHAs), Polyolefins, Polylactic Acid (PLA), Others); By State (Solid Masterbatch, Liquid Masterbatch); By End Use (Consumer Goods, Automotive, Electrical & Electronics, Infrastructure & Industrial, Packaging, Others); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

Published Date: March 2024
Report ID: BWC24242
Available Format: PDF
Page: 300

Report Overview

A spurring demand for plastic products and bio-based masterbatches across the region is expected to boost the growth of Middle East and Africa Masterbatch Market during the forecast period between 2024 and 2030.

Middle East and Africa Masterbatch Market - Industry Trends & Forecast Report, 2030

Middle East and Africa Masterbatch Market size was estimated to be worth USD 1.76 billion in 2023. During the forecast period between 2024 and 2030, the Middle East and Africa Masterbatch Market size is projected to grow at a CAGR of 6.11%, reaching a value of USD 2.65 billion by 2030. Major growth factors for the Middle East and Africa Masterbatch Market include expanding masterbatch applications across a wide range of industries, including consumer goods, textiles, automotive, and agriculture.

Middle East and Africa Masterbatch Market

By volume, the Middle East and Africa Masterbatch Market size was estimated at 821.2 thousand tons in 2023. During the forecast period between 2024 and 2030, the Middle East and Africa Masterbatch Market size is expected to expand at a CAGR of 5.78%, reaching a volume of 907.4 thousand tons by 2030. The expanding industrial sector in the MEA region, particularly the growing automotive industry, is anticipated to drive the Middle East and Africa masterbatch market.

Middle East and Africa Masterbatch Market Size

Masterbatch – Overview

Masterbatch is a solid or liquid additive added to plastics for coloring purposes or imposing other properties, such as antimicrobial features. A liquid masterbatch is a mixture of coloring agents or pigments that can color polymers or provide other desired properties. They come in black, white, and different colors. Many end-user industries use masterbatches for their fire retardant, UV stabilized, anti-locking, and antistatic characteristics. A masterbatch improves the performance and quality of plastic and packaging materials. By using masterbatches, the firm may purchase natural polymers in larger quantities at a lower cost and maintain a smaller inventory of polymer grades.

Middle East and Africa Masterbatch Market

Growth Drivers

Expanding Industrial Output

The rapid industrialization in the MEA countries is emerging as the major driving factor for the masterbatch market. The middle eastern countries, such as Saudi Arabia, the UAE, and Kuwait, are significantly investing toward economic diversification, and therefore, are establishing factories in key sectors, including automotive, rubber and plastics, and construction. A growing demand for masterbatches from the building and construction industry is a result of these nations' increased infrastructure development, which might increase demand for masterbatch in these countries.

Challenges

Stringent Regulations Regarding the Use of Plastic

Masterbatch market expansion in the MEA nations may be constrained by the region's growing plastic pollution problem and strict government laws aimed at reducing plastic use. The inability of plastics to burn or break down cause serious environmental problems, including food, water, and air pollution. All living things, including plants, are impacted by the poisonous components of plastic that remain on the surface of the soil and water. Masterbatch demand from the Middle East and Africa is also being directly impacted by customers' rising awareness of the negative environmental implications of plastic usage.

Middle East and Africa Masterbatch Market

Segmental Coverage

Middle East and Africa Masterbatch Market – By Substrate Type

Based on substrate type, the Middle East and Africa Masterbatch Market is segmented into polyethylene terephthalate (PET), polyhydroxyalkanoates (PHAs), polyolefins, polylactic acid (PLA), and others. The polyethylene segment accounts for the highest market share. PE substrate is a highly desired masterbatch type across several industries because of its favorable characteristics, such as affordability, versatility, and compatibility with various applications. The adaptability of PE-based masterbatch enables producers to customize the properties of their products to fulfill certain needs, including heat resistance or UV protection.

Middle East and Africa Masterbatch Market – By State

Based on the state, the Middle East and Africa Masterbatch Market is divided into solid masterbatch and liquid masterbatch segments. The solid masterbatch segment holds a larger share in the Middle East and Africa Masterbatch Market owing to its longer shelf life compared to its liquid counterpart. This is because solid masterbatch is solvent-free and therefore, there is no evaporation of solvent over time. As there is no chance of solvent evaporation, the masterbatch will continue to have its properties for its entire shelf life.

Middle East and Africa Masterbatch Market Share

Middle East and Africa Masterbatch Market – By End Use

Based on end use, the Middle East and Africa Masterbatch Market is segmented into consumer goods, automotive, electrical & electronics, infrastructure & industrial, packaging, and others. The packaging segment accounts for the highest market share. In packaging, a masterbatch is used to provide plastic with different qualities, including UV stability, resilience to weather, and antioxidants. The booming e-commerce sector, the extensive usage of plastic packaging in the food and beverages industry, and the growing significance of attractive packaging as a marketing tactic all contribute to the packing industry's rapid growth, which is expected to fuel demand for the Masterbatch Market in the MEA region.

Middle East and Africa Masterbatch Market – By Country

The in-depth research report on the Middle East and Africa Masterbatch Market covers the market in the region’s major countries, including Saudi Arabia, the UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, and the rest of MEA. Saudi Arabia dominates the Middle East and Africa Masterbatch Market owing to the rising domestic production of masterbatch in the Kingdom. Various leading industry players, such as Clariant and Eco Batch, are establishing factories locally to meet the growing demand for masterbatch in the country, which is anticipated to drive market growth during the forecast period.

Competitive Landscape

Major players operating in the Middle East and Africa Masterbatch Market include Al Zhoor Plastic Factory, Ampacet Corporation, Astra Polymers Compounding Co., Ltd, Blend Colors Pvt Ltd, Cabot Corporation, Clariant AG, Gabriel-Chemie Group, Hubron International, Ingenia Polymers Co. Ltd, and LyondellBasell.

These companies employ various strategies to further enhance their market share, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

Attributes	Details
Years Considered	Historical Data – 2019–2023
	Base Year – 2023
	Estimated Year – 2024
	Forecast Period – 2024–2030
Facts Covered	Revenue in USD Billion
Market Coverage	Saudi Arabia, the UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA
Product/ Service Segmentation	Substrate Type, State, End Use, Country
Key Players	Al Zhoor Plastic Factory, Ampacet Corporation, Astra Polymers Compounding Co., Ltd, Blend Colors Pvt Ltd, Cabot Corporation, Clariant AG, Gabriel-Chemie Group, Hubron International, Ingenia Polymers Co. Ltd, LyondellBasell

By Substrate Type

Polyethylene Terephthalate (PET)
Polyhydroxyalkanoates (PHAs)
Polyolefins
Polylactic Acid (PLA)
Others

By State

Solid Masterbatch
Liquid Masterbatch

By End Use

Consumer Goods
Automotive
Electrical & Electronics
Infrastructure & Industrial
Packaging
Others

By Country

Saudi Arabia
UAE
Qatar
Kuwait
South Africa
Nigeria
Algeria
Rest of MEA

Research Framework
1. Research Objective
2. Product Overview
3. Market Segmentation
Executive Summary
Middle East and Africa Masterbatch Market Insights
1. Industry Value Chain Analysis
2. DROC Analysis
  1. Growth Drivers
    1. Growing Automotive Industry
    2. Widely Preferred Coloring Method
    3. Growth of End-Use Industries in Emerging Economies
  2. Restraints
    1. Regulatory Restraints
    2. Longer Lead Time and Need for Exposure to Heat
    3. Cheap Product Offerings from Developing Nations
  3. Opportunities
    1. Favorable Economic Circumstances
    2. High Demand and Cheap Labor Costs
    3. Government Initiatives
  4. Challenges
    1. Strict Environmental Regulations
    2. Competitive Landscape
3. Technological Advancements/Recent Developments
4. Regulatory Framework
5. Porter’s Five Forces Analysis
  1. Bargaining Power of Suppliers
  2. Bargaining Power of Buyers
  3. Threat of New Entrants
  4. Threat of Substitutes
  5. Intensity of Rivalry
Middle East and Africa Masterbatch Market, Pricing Analysis
Middle East and Africa Masterbatch Market: Marketing Strategies
Middle East and Africa Masterbatch Market Overview
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
  2. By Volume (Million Tons)
2. Market Share and Forecast
  1. By Substrate Type
    1. Polyethylene Terephthalate (PET)
    2. Polyhydroxyalkanoates (PHAs)
    3. Polyolefins
    4. Polylactic Acid (PLA)
    5. Others
  2. By State
    1. Solid Masterbatch
    2. Liquid Masterbatch
  3. By End Use
    1. Consumer Goods
    2. Automotive
    3. Electrical and Electronics
    4. Infrastructure and Industrial
    5. Packaging
    6. Others
  4. By Country
    1. Saudi Arabia
    2. UAE
    3. Qatar
    4. Kuwait
    5. South Africa
    6. Nigeria
    7. Algeria
    8. Rest of MEA
Saudi Arabia Masterbatch Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
  2. By Volume (Million Tons)
2. Market Share & Forecast
  1. By Substrate Type
  2. By State
  3. By End Use
UAE Masterbatch Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
  2. By Volume (Million Tons)
2. Market Share & Forecast
  1. By Substrate Type
  2. By State
  3. By End Use
Qatar Masterbatch Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
  2. By Volume (Million Tons)
2. Market Share & Forecast
  1. By Substrate Type
  2. By State
  3. By End Use
Kuwait Masterbatch Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
  2. By Volume (Million Tons)
2. Market Share & Forecast
  1. By Substrate Type
  2. By State
  3. By End Use
South Africa Masterbatch Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
  2. By Volume (Million Tons)
2. Market Share & Forecast
  1. By Substrate Type
  2. By State
  3. By End Use
Nigeria Masterbatch Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
  2. By Volume (Million Tons)
2. Market Share & Forecast
  1. By Substrate Type
  2. By State
  3. By End Use
Algeria Masterbatch Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
  2. By Volume (Million Tons)
2. Market Share & Forecast
  1. By Substrate Type
  2. By State
  3. By End Use
Rest of MEA Masterbatch Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
  2. By Volume (Million Tons)
2. Market Share & Forecast
  1. By Substrate Type
  2. By State
  3. By End Use
Competitive Landscape
1. List of Key Players and Their Offerings
2. Middle East and Africa Masterbatch Market Share Analysis, 2023
3. Competitive Benchmarking, By Operating Parameters
4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
Impact of Escalating Geopolitical Tensions on Middle East and Africa Masterbatch Market
Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
1. Al Zhoor Plastic Factory
2. Ampacet Corporation
3. Astra Polymers Compounding Co., Ltd
4. Blend Colors Pvt Ltd
5. Cabot Corporation
6. Clariant AG
7. Gabriel-Chemie Group
8. Hubron International
9. Ingenia Polymers Co. Ltd
10. LyondellBasell
11. Other Prominent Players
Key Strategic Recommendations
Research Methodology
1. Qualitative Research
  1. Primary & Secondary Research
2. Quantitative Research
3. Market Breakdown & Data Triangulation
  1. Secondary Research
  2. Primary Research
4. Breakdown of Primary Research Respondents, By Country
5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1 Middle East and Africa Masterbatch Market Size, By Value (USD Billion), 2019–2030

Figure 2 Middle East and Africa Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Figure 3 Middle East and Africa Masterbatch Market Share, By Substrate Type, By Value, 2019–2030

Figure 4 Middle East and Africa Masterbatch Market Share, By Substrate Type, By Volume, 2019–2030

Figure 5 Middle East and Africa Masterbatch Market Share, By State, By Value, 2019–2030

Figure 6 Middle East and Africa Masterbatch Market Share, By State, By Volume, 2019–2030

Figure 7 Middle East and Africa Masterbatch Market Share, By End Use, By Value, 2019–2030

Figure 8 Middle East and Africa Masterbatch Market Share, By End Use, By Volume, 2019–2030

Figure 9 Middle East and Africa Masterbatch Market Share, By Country, By Value, 2019–2030

Figure 10 Middle East and Africa Masterbatch Market Share, By Country, By Volume, 2019–2030

Figure 11 Saudi Arabia Masterbatch Market Size, By Value (USD Billion), 2019–2030

Figure 12 Saudi Arabia Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Figure 13 Saudi Arabia Masterbatch Market Share, By Substrate Type, By Value, 2019–2030

Figure 14 Saudi Arabia Masterbatch Market Share, By Substrate Type, By Volume, 2019–2030

Figure 15 Saudi Arabia Masterbatch Market Share, By State, By Value, 2019–2030

Figure 16 Saudi Arabia Masterbatch Market Share, By State, By Volume, 2019–2030

Figure 17 Saudi Arabia Masterbatch Market Share, By End Use, By Value, 2019–2030

Figure 18 Saudi Arabia Masterbatch Market Share, By End Use, By Volume, 2019–2030

Figure 19 UAE Masterbatch Market Size, By Value (USD Billion), 2019–2030

Figure 20 UAE Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Figure 21 UAE Masterbatch Market Share, By Substrate Type, By Value, 2019–2030

Figure 22 UAE Masterbatch Market Share, By Substrate Type, By Volume, 2019–2030

Figure 23 UAE Masterbatch Market Share, By State, By Value, 2019–2030

Figure 24 UAE Masterbatch Market Share, By State, By Volume, 2019–2030

Figure 25 UAE Masterbatch Market Share, By End Use, By Value, 2019–2030

Figure 26 UAE Masterbatch Market Share, By End Use, By Volume, 2019–2030

Figure 27 Qatar Masterbatch Market Size, By Value (USD Billion), 2019–2030

Figure 28 Qatar Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Figure 29 Qatar Masterbatch Market Share, By Substrate Type, By Value, 2019–2030

Figure 30 Qatar Masterbatch Market Share, By Substrate Type, By Volume, 2019–2030

Figure 31 Qatar Masterbatch Market Share, By State, By Value, 2019–2030

Figure 32 Qatar Masterbatch Market Share, By State, By Volume, 2019–2030

Figure 33 Qatar Masterbatch Market Share, By End Use, By Value, 2019–2030

Figure 34 Qatar Masterbatch Market Share, By End Use, By Volume, 2019–2030

Figure 35 Kuwait Masterbatch Market Size, By Value (USD Billion), 2019–2030

Figure 36 Kuwait Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Figure 37 Kuwait Masterbatch Market Share, By Substrate Type, By Value, 2019–2030

Figure 38 Kuwait Masterbatch Market Share, By Substrate Type, By Volume, 2019–2030

Figure 39 Kuwait Masterbatch Market Share, By State, By Value, 2019–2030

Figure 40 Kuwait Masterbatch Market Share, By State, By Volume, 2019–2030

Figure 41 Kuwait Masterbatch Market Share, By End Use, By Value, 2019–2030

Figure 42 Kuwait Masterbatch Market Share, By End Use, By Volume, 2019–2030

Figure 43 South Africa Masterbatch Market Size, By Value (USD Billion), 2019–2030

Figure 44 South Africa Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Figure 45 South Africa Masterbatch Market Share, By Substrate Type, By Value, 2019–2030

Figure 46 South Africa Masterbatch Market Share, By Substrate Type, By Volume, 2019–2030

Figure 47 South Africa Masterbatch Market Share, By State, By Value, 2019–2030

Figure 48 South Africa Masterbatch Market Share, By State, By Volume, 2019–2030

Figure 49 South Africa Masterbatch Market Share, By End Use, By Value, 2019–2030

Figure 50 South Africa Masterbatch Market Share, By End Use, By Volume, 2019–2030

Figure 51 Nigeria Masterbatch Market Size, By Value (USD Billion), 2019–2030

Figure 52 Nigeria Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Figure 53 Nigeria Masterbatch Market Share, By Substrate Type, By Value, 2019–2030

Figure 54 Nigeria Masterbatch Market Share, By Substrate Type, By Volume, 2019–2030

Figure 55 Nigeria Masterbatch Market Share, By State, By Value, 2019–2030

Figure 56 Nigeria Masterbatch Market Share, By State, By Volume, 2019–2030

Figure 57 Nigeria Masterbatch Market Share, By End Use, By Value, 2019–2030

Figure 58 Nigeria Masterbatch Market Share, By End Use, By Volume, 2019–2030

Figure 59 Algeria Masterbatch Market Size, By Value (USD Billion), 2019–2030

Figure 60 Algeria Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Figure 61 Algeria Masterbatch Market Share, By Substrate Type, By Value, 2019–2030

Figure 62 Algeria Masterbatch Market Share, By Substrate Type, By Volume, 2019–2030

Figure 63 Algeria Masterbatch Market Share, By State, By Value, 2019–2030

Figure 64 Algeria Masterbatch Market Share, By State, By Volume, 2019–2030

Figure 65 Algeria Masterbatch Market Share, By End Use, By Value, 2019–2030

Figure 66 Algeria Masterbatch Market Share, By End Use, By Volume, 2019–2030

Figure 67 Rest of MEA Masterbatch Market Size, By Value (USD Billion), 2019–2030

Figure 68 Rest of MEA Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Figure 69 Rest of MEA Masterbatch Market Share, By Substrate Type, By Value, 2019–2030

Figure 70 Rest of MEA Masterbatch Market Share, By Substrate Type, By Volume, 2019–2030

Figure 71 Rest of MEA Masterbatch Market Share, By State, By Value, 2019–2030

Figure 72 Rest of MEA Masterbatch Market Share, By State, By Volume, 2019–2030

Figure 73 Rest of MEA Masterbatch Market Share, By End Use, By Value, 2019–2030

Figure 74 Rest of MEA Masterbatch Market Share, By End Use, By Volume, 2019–2030

List of Tables

Table 1 Middle East and Africa Masterbatch Market Size, By Value (USD Billion), 2019–2030

Table 2 Middle East and Africa Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Table 3 Middle East and Africa Masterbatch Market Size, By Substrate Type, By Value, 2019–2030

Table 4 Middle East and Africa Masterbatch Market Size, By Substrate Type, By Volume, 2019–2030

Table 5 Middle East and Africa Masterbatch Market Size, By State, By Value, 2019–2030

Table 6 Middle East and Africa Masterbatch Market Size, By State, By Volume, 2019–2030

Table 7 Middle East and Africa Masterbatch Market Size, By End Use, By Value, 2019–2030

Table 8 Middle East and Africa Masterbatch Market Size, By End Use, By Volume, 2019–2030

Table 9 Middle East and Africa Masterbatch Market Size, By Country, By Value, 2019–2030

Table 10 Middle East and Africa Masterbatch Market Size, By Country, By Volume, 2019–2030

Table 11 Saudi Arabia Masterbatch Market Size, By Value (USD Billion), 2019–2030

Table 12 Saudi Arabia Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Table 13 Saudi Arabia Masterbatch Market Size, By Substrate Type, By Value, 2019–2030

Table 14 Saudi Arabia Masterbatch Market Size, By Substrate Type, By Volume, 2019–2030

Table 15 Saudi Arabia Masterbatch Market Size, By State, By Value, 2019–2030

Table 16 Saudi Arabia Masterbatch Market Size, By State, By Volume, 2019–2030

Table 17 Saudi Arabia Masterbatch Market Size, By End Use, By Value, 2019–2030

Table 18 Saudi Arabia Masterbatch Market Size, By End Use, By Volume, 2019–2030

Table 19 UAE Masterbatch Market Size, By Value (USD Billion), 2019–2030

Table 20 UAE Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Table 21 UAE Masterbatch Market Size, By Substrate Type, By Value, 2019–2030

Table 22 UAE Masterbatch Market Size, By Substrate Type, By Volume, 2019–2030

Table 23 UAE Masterbatch Market Size, By State, By Value, 2019–2030

Table 24 UAE Masterbatch Market Size, By State, By Volume, 2019–2030

Table 25 UAE Masterbatch Market Size, By End Use, By Value, 2019–2030

Table 26 UAE Masterbatch Market Size, By End Use, By Volume, 2019–2030

Table 27 Qatar Masterbatch Market Size, By Value (USD Billion), 2019–2030

Table 28 Qatar Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Table 29 Qatar Masterbatch Market Size, By Substrate Type, By Value, 2019–2030

Table 30 Qatar Masterbatch Market Size, By Substrate Type, By Volume, 2019–2030

Table 31 Qatar Masterbatch Market Size, By State, By Value, 2019–2030

Table 32 Qatar Masterbatch Market Size, By State, By Volume, 2019–2030

Table 33 Qatar Masterbatch Market Size, By End Use, By Value, 2019–2030

Table 34 Qatar Masterbatch Market Size, By End Use, By Volume, 2019–2030

Table 35 Kuwait Masterbatch Market Size, By Value (USD Billion), 2019–2030

Table 36 Kuwait Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Table 37 Kuwait Masterbatch Market Size, By Substrate Type, By Value, 2019–2030

Table 38 Kuwait Masterbatch Market Size, By Substrate Type, By Volume, 2019–2030

Table 39 Kuwait Masterbatch Market Size, By State, By Value, 2019–2030

Table 40 Kuwait Masterbatch Market Size, By State, By Volume, 2019–2030

Table 41 Kuwait Masterbatch Market Size, By End Use, By Value, 2019–2030

Table 42 Kuwait Masterbatch Market Size, By End Use, By Volume, 2019–2030

Table 43 South Africa Masterbatch Market Size, By Value (USD Billion), 2019–2030

Table 44 South Africa Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Table 45 South Africa Masterbatch Market Size, By Substrate Type, By Value, 2019–2030

Table 46 South Africa Masterbatch Market Size, By Substrate Type, By Volume, 2019–2030

Table 47 South Africa Masterbatch Market Size, By State, By Value, 2019–2030

Table 48 South Africa Masterbatch Market Size, By State, By Volume, 2019–2030

Table 49 South Africa Masterbatch Market Size, By End Use, By Value, 2019–2030

Table 50 South Africa Masterbatch Market Size, By End Use, By Volume, 2019–2030

Table 51 Nigeria Masterbatch Market Size, By Value (USD Billion), 2019–2030

Table 52 Nigeria Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Table 53 Nigeria Masterbatch Market Size, By Substrate Type, By Value, 2019–2030

Table 54 Nigeria Masterbatch Market Size, By Substrate Type, By Volume, 2019–2030

Table 55 Nigeria Masterbatch Market Size, By State, By Value, 2019–2030

Table 56 Nigeria Masterbatch Market Size, By State, By Volume, 2019–2030

Table 57 Nigeria Masterbatch Market Size, By End Use, By Value, 2019–2030

Table 58 Nigeria Masterbatch Market Size, By End Use, By Volume, 2019–2030

Table 59 Algeria Masterbatch Market Size, By Value (USD Billion), 2019–2030

Table 60 Algeria Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Table 61 Algeria Masterbatch Market Size, By Substrate Type, By Value, 2019–2030

Table 62 Algeria Masterbatch Market Size, By Substrate Type, By Volume, 2019–2030

Table 63 Algeria Masterbatch Market Size, By State, By Value, 2019–2030

Table 64 Algeria Masterbatch Market Size, By State, By Volume, 2019–2030

Table 65 Algeria Masterbatch Market Size, By End Use, By Value, 2019–2030

Table 66 Algeria Masterbatch Market Size, By End Use, By Volume, 2019–2030

Table 67 Rest of MEA Masterbatch Market Size, By Value (USD Billion), 2019–2030

Table 68 Rest of MEA Masterbatch Market Size, By Volume (Million Tons), 2019–2030

Table 69 Rest of MEA Masterbatch Market Size, By Substrate Type, By Value, 2019–2030

Table 70 Rest of MEA Masterbatch Market Size, By Substrate Type, By Volume, 2019–2030

Table 71 Rest of MEA Masterbatch Market Size, By State, By Value, 2019–2030

Table 72 Rest of MEA Masterbatch Market Size, By State, By Volume, 2019–2030

Table 73 Rest of MEA Masterbatch Market Size, By End Use, By Value, 2019–2030

Table 74 Rest of MEA Masterbatch Market Size, By End Use, By Volume, 2019–2030

Table 75 Al Zhoor Plastic Factory Company Overview

Table 76 Al Zhoor Plastic Factory Financial Overview

Table 77 Ampacet Corporation Company Overview

Table 78 Ampacet Corporation Financial Overview

Table 79 Astra Polymers Compounding Co., Ltd Company Overview

Table 80 Astra Polymers Compounding Co., Ltd Financial Overview

Table 81 Blend Colors Pvt. Ltd Company Overview

Table 82 Blend Colors Pvt. Ltd Financial Overview

Table 83 Cabot Corporation Company Overview

Table 84 Cabot Corporation Financial Overview

Table 85 Clariant AG Company Overview

Table 86 Clariant AG Financial Overview

Table 87 Gabriel-Chemie Group Company Overview

Table 88 Gabriel-Chemie Group Financial Overview

Table 89 Hubron International Company Overview

Table 90 Hubron International Financial Overview

Table 91 Ingenia Polymers Co. Ltd Company Overview

Table 92 Ingenia Polymers Co. Ltd Financial Overview

Table 93 LyondellBasell Company Overview

Table 94 LyondellBasell Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

1. What is the current market size of Middle East and Africa Masterbatch Market?

Ans: Middle East and Africa Masterbatch Market size was estimated at USD 1.76 billion in 2023.

2. What is the expected CAGR of Middle East and Africa Masterbatch Market during the forecast period?

Ans: Middle East and Africa Masterbatch Market size is expected to grow at a CAGR of 6.11% during the forecast period between 2024 and 2030.

3. What is the forecast value of Middle East and Africa Masterbatch Market by 2030?

Ans: Middle East and Africa Masterbatch Market size is forecast to reach a value of USD 2.65 billion by 2030.

4. What are the major factors driving the growth of the Middle East and Africa Masterbatch Market?

Ans: Major factors driving the growth of the Middle East and Africa Masterbatch Market include increasing demand for plastic products and also for bio-based masterbatches.

5. What is the current market size of Middle East and Africa Masterbatch Market by volume?

Ans: Middle East and Africa Masterbatch Market size by volume was estimated at 821.2 thousand tons in 2023.

6. What is the expected growth rate of Middle East and Africa Masterbatch Market size by volume during the forecast period?

Ans: By volume, Middle East and Africa Masterbatch Market size is expected to grow at a CAGR of 5.78% during the forecast period between 2024 and 2030.

7. What is the forecast volume of the Middle East and Africa Masterbatch Market size by 2030?

Ans: Middle East and Africa Masterbatch Market size by volume is expected to reach 907.4 thousand tons by 2030.

8. Name the fastest growing country in the Middle East and Africa Masterbatch Market during the forecast period.

Ans: The UAE is expected to grow at the fastest rate in the Middle East and Africa Masterbatch Market during the forecast period between 2024 and 2030.

9. Which is the fastest growing state segment in the Middle East and Africa Masterbatch Market?

Ans: The solid masterbatch segment is expected to grow at the highest CAGR in the Middle East and Africa Masterbatch Market during the forecast period between 2024 and 2030.

10. Which segment accounts for the highest share in the Middle East and Africa Masterbatch Market by end use?

Ans: The packaging segment holds the highest market share in the Middle East and Africa Masterbatch Market by end use.

11. Name the key players in the Middle East and Africa Masterbatch Market.

Ans: Key players in the Middle East and Africa Masterbatch Market include Al Zhoor Plastic Factory, Ampacet Corporation, Astra Polymers Compounding Co., Ltd, Blend Colors Pvt Ltd, Cabot Corporation, Clariant AG, Gabriel-Chemie Group, Hubron International, Ingenia Polymers Co. Ltd, and LyondellBasell.

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Middle East And Africa Masterbatch Market

Report Overview

Market Segmentation

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