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Report

MEA Polyols Market - Industry Trends and Forecast to 2030

Market Report I 2023-05-01 I 174 Pages I Data Bridge Market Research

Middle East and Africa polyols market is expected to reach USD 739.69 million by 2030, from USD 520.75 million in 2022, growing at a CAGR of 4.7% in the forecast period of 2023 to 2030.
Market Segmentation:
Middle East and Africa Polyols Market, By Type (Polyether Polyols and Polyester Polyols), Application (Flexible Polyurethane Foam, Rigid Polyurethane Foam, Coatings, Adhesive & Sealants, and Elastomers), End User (Construction, Furniture, Transport, Packaging, and Carpet Backing), Countries (U.A.E., Saudi Arabia, Israel, South Africa, Egypt, and Rest of Middle East and Africa)- Industry Trends and Forecast to 2030

Overview of Middle East and Africa Polyols Market Dynamics:

Driver
- Advancements in polyols technology
Restrain

- High cost associated with polyols
Opportunity

- Use of polyols in insulation applications

Market Players

Some of the major players operating in the market are:
- Huntsman International LLC
- Repsol
- Biesterfeld AG
- DIC CORPORATION
- Tosoh Corporation
- Arkema
- BASF SE
- LANXESS
- Shell plc
- Mitsubishi Chemical Corporation
- Vertellus
- Wanhua
- Stepan Company
- Gulshan Polyols Ltd
- Perstorp Holding AB (Subsidiary of PETRONAS Chemicals Group)
- Covestro AG
- Coim Group
- Shakun Industries

TABLE OF CONTENTS
1 INTRODUCTION 26
1.1 OBJECTIVES OF THE STUDY 26
1.2 MARKET DEFINITION 26
1.3 OVERVIEW OF THE MIDDLE EAST & AFRICA POLYOLS MARKET 26
1.4 CURRENCY AND PRICING 28
1.5 LIMITATIONS 28
1.6 MARKETS COVERED 29
2 MARKET SEGMENTATION 31
2.1 MARKETS COVERED 31
2.2 YEARS CONSIDERED FOR THE STUDY 32
2.3 GEOGRAPHIC SCOPE 33
2.4 DBMR TRIPOD DATA VALIDATION MODEL 34
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 37
2.6 DBMR MARKET POSITION GRID 38
2.7 VENDOR SHARE ANALYSIS 40
2.8 MULTIVARIATE MODELLING 41
2.9 TYPE CURVE 42
2.10 MARKET APPLICATION COVERAGE GRID 43
2.11 SECONDARY SOURCES 44
2.12 ASSUMPTIONS 44
3 EXECUTIVE SUMMARY 45
4 PREMIUM INSIGHTS 48
4.1 IMPORT-EXPORT DATA 49
5 MARKET OVERVIEW 51
5.1 DRIVERS 53
5.1.1 GROWING DEMAND FOR POLYURETHANE FOAMS 53
5.1.2 INCREASING DEMAND IN THE CONSTRUCTION AND INFRASTRUCTURE SECTOR 54
5.1.3 ADVANCEMENTS IN POLYOLS TECHNOLOGY 54
5.1.4 GROWING DEMAND IN THE AUTOMOTIVE INDUSTRY 56
5.2 RESTRAINTS 56
5.2.1 ENVIRONMENTAL REGULATIONS AND SUSTAINABILITY CONCERNS 56
5.2.2 HIGH COST ASSOCIATED WITH POLYOLS 57
5.3 OPPORTUNITIES 58
5.3.1 INCREASING DEMAND FOR POLYOLS FOR PACKAGING MATERIALS 58
5.3.2 USE OF POLYOLS IN INSULATION APPLICATIONS 59
5.3.3 INCREASING PARTNERSHIP, ACQUISITION, AND COLLABORATION AMONG MARKET PLAYERS 60
5.3.4 HIGH DEMAND FOR BIO-BASED AND SUSTAINABLE POLYOLS 61
5.4 CHALLENGES 62
5.4.1 FLUCTUATION IN RAW MATERIAL PRICES 62
5.4.2 TECHNOLOGICAL LIMITATIONS AND PERFORMANCE REQUIREMENTS 63
6 MIDDLE EAST & AFRICA POLYOLS MARKET, BY TYPE 65
6.1 OVERVIEW 66
6.2 POLYETHER POLYOLS 67
6.3 POLYESTER POLYOLS 68
7 MIDDLE EAST & AFRICA POLYOLS MARKET, BY APPLICATION 70
7.1 OVERVIEW 71
7.2 FLEXIBLE POLYURETHANE FOAM 72
7.3 RIGID POLYURETHANE FOAM 73
7.4 COATINGS 74
7.5 ADHESIVES & SEALANTS 75
7.6 ELASTOMERS 76
7.7 OTHERS 77
8 MIDDLE EAST & AFRICA POLYOLS MARKET, BY END USER 78
8.1 OVERVIEW 79
8.2 CONSTRUCTION 80
8.2.1 POLYETHER POLYOLS 81
8.2.2 POLYESTER POLYOLS 81
8.3 FURNITURE 81
8.3.1 POLYETHER POLYOLS 82
8.3.2 POLYESTER POLYOLS 82
8.4 TRANSPORT 82
8.4.1 POLYETHER POLYOLS 83
8.4.2 POLYESTER POLYOLS 83
8.5 PACKAGING 84
8.5.1 POLYETHER POLYOLS 85
8.5.2 POLYESTER POLYOLS 85
8.6 CARPET BACKING 85
8.6.1 POLYETHER POLYOLS 86
8.6.2 POLYESTER POLYOLS 86
8.7 OTHERS 86
8.7.1 POLYETHER POLYOLS 87
8.7.2 POLYESTER POLYOLS 87
9 MIDDLE EAST & AFRICA POLYOLS MARKET, BY REGION 88
9.1 MIDDLE EAST AND AFRICA 89
9.1.1 SAUDI ARABIA 95
9.1.2 U.A.E 98
9.1.3 EGYPT 101
9.1.4 SOUTH AFRICA 104
9.1.5 ISRAEL 107
9.1.6 REST OF MIDDLE EAST AND AFRICA 110
10 MIDDLE EAST & AFRICA POLYOLS MARKET, COMPANY LANDSCAPE 111
10.1 COMPANY SHARE ANALYSIS: MIDDLE EAST & AFRICA 111
11 SWOT ANALYSIS 112
12 COMPANY PROFILINGS 113
12.1 SHELL PLC 113
12.1.1 COMPANY SNAPSHOT 113
12.1.2 REVENUE ANALYSIS 114
12.1.3 COMPANY SHARE ANALYSIS 114
12.1.4 PRODUCT PORTFOLIO 114
12.1.5 RECENT DEVELOPMENTS 115
12.2 COVESTRO AG 117
12.2.1 COMPANY SNAPSHOT 117
12.2.2 REVENUE ANALYSIS 117
12.2.3 COMPANY SHARE ANALYSIS 118
12.2.4 PRODUCT PORTFOLIO 118
12.2.5 RECENT DEVELOPMENTS 119
12.3 WANHUA 121
12.3.1 COMPANY SNAPSHOT 121
12.3.2 REVENUE ANALYSIS 121
12.3.3 COMPANY SHARE ANALYSIS 122
12.3.4 PRODUCT PORTFOLIO 122
12.3.5 RECENT DEVELOPMENTS 122
12.4 LANXESS 124
12.4.1 COMPANY SNAPSHOT 124
12.4.2 REVENUE ANALYSIS 124
12.4.3 COMPANY SHARE ANALYSIS 125
12.4.4 PRODUCT AND SOLUTION PORTFOLIO 125
12.4.5 RECENT DEVELOPMENTS 125
12.5 HUNTSMAN INTERNATIONAL LLC 127
12.5.1 COMPANY SNAPSHOT 127
12.5.2 REVENUE ANALYSIS 127
12.5.3 COMPANY SHARE ANALYSIS 128
12.5.4 PRODUCT PORTFOLIO 128
12.5.5 RECENT DEVELOPMENTS 129
12.6 ARKEMA 131
12.6.1 COMPANY SNAPSHOT 131
12.6.2 REVENUE ANALYSIS 131
12.6.3 PRODUCT PORTFOLIO 132
12.6.4 RECENT DEVELOPMENT 132
12.7 BASF SE 133
12.7.1 COMPANY SNAPSHOT 133
12.7.2 REVENUE ANALYSIS 133
12.7.3 PRODUCT PORTFOLIO 134
12.7.4 RECENT DEVELOPMENTS 136
12.8 BIESTERFELD AG 137
12.8.1 COMPANY SNAPSHOT 137
12.8.2 PRODUCT PORTFOLIO 137
12.8.3 RECENT DEVELOPMENTS 137
12.9 CARGILL, INCORPORATED. 139
12.9.1 COMPANY SNAPSHOT 139
12.9.2 PRODUCT AND SERVICE PORTFOLIO 139
12.9.3 RECENT DEVELOPMENT 140
12.10 COIM GROUP 141
12.10.1 COMPANY SNAPSHOT 141
12.10.2 PRODUCT PORTFOLIO 141
12.10.3 RECENT DEVELOPMENTS 141
12.11 DOW 143
12.11.1 COMPANY SNAPSHOT 143
12.11.2 REVENUE ANALYSIS 143
12.11.3 PRODUCT PORTFOLIO 144
12.11.4 RECENT DEVELOPMENTS 145
12.12 DIC CORPORATION 147
12.12.1 COMPANY SNAPSHOT 147
12.12.2 REVENUE ANALYSIS 147
12.12.3 PRODUCT PORTFOLIO 148
12.12.4 RECENT DEVELOPMENTS 148
12.13 EMERY OLEOCHEMICALS LLC 150
12.13.1 COMPANY SNAPSHOT 150
12.13.2 PRODUCT PORTFOLIO 150
12.13.3 RECENT DEVELOPMENTS 151
12.14 GULSHAN POLYOLS LTD. 153
12.14.1 COMPANY SNAPSHOT 153
12.14.2 REVENUE ANALYSIS 153
12.14.3 PRODUCT PORTFOLIO 154
12.14.4 RECENT DEVELOPMENT 154
12.15 MITSUBISHI CHEMICAL CORPORATION 155
12.15.1 COMPANY SNAPSHOT 155
12.15.2 REVENUE ANALYSIS 155
12.15.3 PRODUCT PORTFOLIO 156
12.15.4 RECENT DEVELOPMENTS 157
12.16 PERSTORP HOLDING AB (SUBSIDIARY OF PETRONAS CHEMICALS GROUP) 158
12.16.1 COMPANY SNAPSHOT 158
12.16.2 REVENUE ANALYSIS 158
12.16.3 PRODUCT PORTFOLIO 159
12.16.4 RECENT DEVELOPMENTS 159
12.17 REPSOL 160
12.17.1 COMPANY SNAPSHOT 160
12.17.2 REVENUE ANALYSIS 160
12.17.3 PRODUCT PORTFOLIO 161
12.17.4 RECENT DEVELOPMENTS 161
12.18 SHAKUN INDUSTRIES 163
12.18.1 COMPANY SNAPSHOT 163
12.18.2 PRODUCT PORTFOLIO 163
12.18.3 RECENT DEVELOPMENT 163
12.19 STEPAN COMPANY 164
12.19.1 COMPANY SNAPSHOT 164
12.19.2 REVENUE ANALYSIS 164
12.19.3 PRODUCT PORTFOLIO 165
12.19.4 RECENT DEVELOPMENTS 166
12.20 TOSOH CORPORATION 167
12.20.1 COMPANY SNAPSHOT 167
12.20.2 REVENUE ANALYSIS 167
12.20.3 PRODUCT PORTFOLIO 168
12.20.4 RECENT DEVELOPMENT 168
12.21 VERTELLUS 169
12.21.1 COMPANY SNAPSHOT 169
12.21.2 PRODUCT PORTFOLIO 169
12.21.3 RECENT DEVELOPMENT 170
13 QUESTIONNAIRE 171
14 RELATED REPORTS 174

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