The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Middle East & Africa Aliphatic Polyester Polyols Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Middle East & Africa Aliphatic Polyester Polyols Industry (2024-2030):

According to the latest report, The Middle East & Africa Aliphatic Polyester Polyols Market size was valued at USD 2.11 billion in 2022 & is estimated to grow at a CAGR of around 4.40% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors propelling the exponential growth of the Middle East & Africa Aliphatic Polyester Polyols industry.

Key Takeaways: Beneficial for Stakeholders and Clients:

• Historical Data: 2019-22
• Base Year: 2023
• Forecast Period: 2024-30
• CAGR (2024-2030): 4.40%

What are the major Driver the Middle East & Africa Aliphatic Polyester Polyols industry?

Rising Hotels Construction in the Countries to Augment the Requirement for Paints & Coatings – Over the past few years, tourism in Middle East & African countries has significantly increased due to the rise in recreational activities or sports events like FIFA World Cup, Auto Expo, etc. In addition, these countries also hold cultural importance due to the presence of religious sites in Middle Eastern countries like Saudi Arabia, Oman, etc. As a result, several foreign travelers visit the country for its cultural heritage exploration.

According to the Ministry of Tourism Saudi Arabia, in 2022, the country witnessed around 93.5 million foreign & domestic tourists. Similarly, according to the UAE's Ministry of Tourism, in 2022, the country welcomed approximately 14 million foreign tourists. This significant surge in inbound foreign travelers is uplifting the demand for accommodation facilities. Thus, several hotel groups like Radisson Blu, W Hospitality Group, etc., are expanding their hotels, boosting the need for building & construction materials. For instance,

In 2023, the hotel group Radisson Blu announced its plans to construct more than 7 hotels in the country as a part of its market expansion plans.

This surge in the construction of hotels & resorts is facilitating requirements for paints, coatings, sealants, etc., hence, driving the Middle East & African aliphatic Polyester Polyols Market.

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Middle East & Africa Aliphatic Polyester Polyols Market Segmentation

The Middle East & Africa Aliphatic Polyester Polyols Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

• By Type
• Polyester Polyether Polyols (PEP) - Market Size & Forecast 2019-2030F, Thousand Tons
• Polycaprolactone Polyols (PCL) - Market Size & Forecast 2019-2030F, Thousand Tons
• Polycarbonate Polyols - Market Size & Forecast 2019-2030F, Thousand Tons
• Adipate Polyols - Market Size & Forecast 2019-2030F, Thousand Tons
• Others (Azelaic Polyols, Sebacate Polyols, etc.)- Market Size & Forecast 2019-2030F, Thousand Tons
• By Manufacturing Process
• Esterification - Market Size & Forecast 2019-2030F, Thousand Tons
• Ring-Opening Polymerization (ROP) - Market Size & Forecast 2019-2030F, Thousand Tons
• Transesterification - Market Size & Forecast 2019-2030F, Thousand Tons
• Others (Polyaddition, Biological Synthesis, etc.) - Market Size & Forecast 2019-2030F, Thousand Tons
• By Application
• Elastomers- Market Size & Forecast 2019-2030F, Thousand Tons
• Coatings- Market Size & Forecast 2019-2030F, Thousand Tons
• Adhesives & Sealants- Market Size & Forecast 2019-2030F, Thousand Tons
• Polyurethane Foam- Market Size & Forecast 2019-2030F, Thousand Tons
• Flexible- Market Size & Forecast 2019-2030F, Thousand Tons
• Rigid- Market Size & Forecast 2019-2030F, Thousand Tons
• Others (Encapsulation & Potting Compounds, Protective Films, etc.)- Market Size & Forecast 2019-2030F, Thousand Tons
• By End Users
• Automotive- Market Size & Forecast 2019-2030F, Thousand Tons
• Aerospace - Market Size & Forecast 2019-2030F, Thousand Tons
• Electronics- Market Size & Forecast 2019-2030F, Thousand Tons
• Building & Construction- Market Size & Forecast 2019-2030F, Thousand Tons
• Packaging- Market Size & Forecast 2019-2030F, Thousand Tons
• Others (Furniture, Marine, etc.) - Market Size & Forecast 2019-2030F, Thousand Tons
• By Country
• The UAE
• Saudi Arabia
• Qatar
• Kuwait
• Bahrain
• Egypt
• South Africa
• Rest of The Middle East & Africa

As per the regional aspect, the Middle East & Africa Aliphatic Polyester Polyols Market is expected to be dominated by Middle East & Africa by capturing the potential market share.

Explore further details about this research report - https://www.marknteladvisors.com/research-library/mea-aliphatic-polyester-polyols-market.html

Top Companies in the Middle East & Africa Aliphatic Polyester Polyols Market

Mokarrar Engineering Materials, BaalBaaki Chemical Industries, Lanxess , Coim Group, BASF SE, Invista, Polyolstechnologies Private Limited, Quimidogra, Stephan Company, Esterpol, Others,

Others Reports:

Middle East & Africa Aliphatic Polyester Polyols Industry Recent Development:

In 2023, Lanxess announced venture with DSM Engineering Materials for manufacturing High-Performance Materials (HPM). The collaboration would provide high-performance solutions for industries, such as automotive and new mobility, electronics and electrical, and consumer goods sectors.

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