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Middle East And Africa Masterbatch Market

Middle East And Africa Masterbatch Market

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

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3.  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
  4. Middle East and Africa Masterbatch Market, Pricing Analysis
  5. Middle East and Africa Masterbatch Market: Marketing Strategies
  6. 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
  7. 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
  8. 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
  9. 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
  10. 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
  11. 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
  12. 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
  13. 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
  14. 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
  15. 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.)
  16. Impact of Escalating Geopolitical Tensions on Middle East and Africa Masterbatch Market
  17. 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
  18. Key Strategic Recommendations
  19. 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):

Ans: Middle East and Africa Masterbatch Market size was estimated at USD 1.76 billion in 2023.
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.
Ans: Middle East and Africa Masterbatch Market size is forecast to reach a value of USD 2.65 billion by 2030.
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.
Ans: Middle East and Africa Masterbatch Market size by volume was estimated at 821.2 thousand tons in 2023.
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.
Ans: Middle East and Africa Masterbatch Market size by volume is expected to reach 907.4 thousand tons by 2030.
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.
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.
Ans: The packaging segment holds the highest market share in the Middle East and Africa Masterbatch Market by end use.
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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