MEA Plastic Compounding Market - Industry Trends and Forecast to 2029

Middle East and Africa plastic compounding market is projected to register a 4.3% CAGR in the forecast period of 2022 to 2029. The new market report contains data for the historic years 2020, the base year of calculation is 2021, and the forecast period is 2022 to 2029 

Market Segmentation: 

Middle East and Africa Plastic Compounding Market, By Product Type (Polyethylene (PE), Polypropylene (PP), Thermoplastic Vulcanizates, Thermoplastic Polyolefins, Poly Vinyl Chloride, Polystyrene, Polyethylene Terephthalate (PET), Poly-Butylene Terephthalate (PBT), Polyamide (PA), Polycarbonate, Acrylonitrile Butadiene Styrene, and Others), Source (Fossil-Based, Bio-Based, and Recycled), Additive Type (Fillers, Anti-Oxidants, Colorants, UV Stabilizers, Reinforcement Agents, Flame-Retardants, Anti-Foaming Agents, Oxygen Scavengers, Blowing Agents, and Others), Manufacturing Process (Injection Molding, Extrusion, and Others), Application (Automotive, Building & Construction, Packaging, Electrical & Electronics, Medical, Optical Media, Consumer Goods, Industrial Machinery, Textiles, and Others), Country (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, and the Rest of the Middle East and Africa) Industry Trends and Forecast to 2029

Some of the major factors contributing to the growth of the Middle East and Africa plastic compounding market are:

• Growing advantages and superior physical properties of plastic compounds

• Shifting preference for bio-based and recycled plastics in the packaging industry

Market Players:

Some of the key players in the Middle East and Africa plastic compounding market are: 

• DuPont
• BASF SE
• Dow
• Arkema
• KURARAY CO., LTD.
• Asahi Kasei Corporation
• Ravago
• LyondellBasell Industries Holdings B.V (A Subsidiary of LyondellBasell)
• Akro-Plastic GmbH
• Exxon Mobil Corporation
• DSM
• SABIC
• Sojitz Corporation
• Celanese Corporation
• HEXPOL AB
• Covestro AG
• Eni
• LANXESS
• INEOS