Title: Middle East & Africa Aliphatic Polyester Polyols Market Research Report: Forecast (2024-2030)
1Middle East Africa Aliphatic Polyester Polyols
Market Research Report Forecast (2024-2030)
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4Market Insights
- 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 factors attributing to the growth in
the demand for aliphatic polyester polyols are
the rising demand for paints, coatings, adhesives
sealants due to the rise in construction
projects in the Middle East Africa countries.
Aliphatic Polyester Polyols provide durability
UV resistance, as a result, they are essentially
used for the manufacturing of paints coatings.
Thus, the increase in the demand for these
building construction materials is driving the
Middle East Africa Aliphatic Polyester Polyols
Market. Nations like Saudi Arabia, the UAE,
Kuwait, etc., are mitigating their dependence on
oil to diversify their economic resources. As a
result, the government across the region has been
facilitating infrastructure development by
investing in construction projects. For instance,
5The Middle East Africa Aliphatic Polyester
Polyols Market Driver
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.
6Market Segmentation of the Industry
- By Type (Polyester Polyether Polyols PEP,
Polycaprolactone Polyols PCL, Polycarbonate
Polyols, Adipate Polyols, Others), - By Manufacturing Process (Esterification,
Ring-Opening Polymerization ROP,
Transesterification, Others), - By Application (Elastomers, Coatings, Adhesives
Sealants, Polyurethane Foam, Others), - By End Users (Automotive, Aerospace, Electronics,
Building Construction, Packaging, Others) and
Others - By Countries (Mokarrar Engineering Materials,
BaalBaaki Chemical Industries, Lanxess , Coim
Group, BASF SE, Invista, Polyolstechnologies
Private Limited, Quimidogra, Stephan Company,
Esterpol, Others)
7Competitive Benchmarking
Mokarrar Engineering Materials, BaalBaaki
Chemical Industries, Lanxess , Coim Group, BASF
SE, Invista, Polyolstechnologies Private Limited,
Quimidogra, Stephan Company, Esterpol, Others,
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