MEA rubber market is expected to grow at a steady rate during the forecast period. The MEA rubber market is driven by the growing applications and use of rubber across various end user industries such as chemical, textile, automotive & transportation, packaging, among others. Additionally, increasing infrastructural development especially in UAE and Saudi Arabia is further expected to increase the demand for rubber in building & construction industry. Besides, expansion of major players operating in the market in the Middle East region such as Exxon Mobil, Sibur, among others, is further expected to create lucrative opportunities for the market growth through 2027.
The MEA rubber market is segmented based on type, molecule, application, company and country. Based on molecule, the market can be fragmented into styrene butadiene, polybutadiene, butyl, ethylene propylene, nitrile elastomers, natural rubber, and poly cis isoprene. Among these, the styrene butadiene segment is expected to hold a significant market share owing to their extensive use in conveyor belts, waterproofing, footwears, molded goods, adhesives, among others. On the other hand, the polybutadiene is expected to witness significant growth in the market on account of its widespread use in manufacturing toys and plastic balls.
Major players operating in the MEA rubber market include ExxonMobil Chemical Middle East & Africa, Trinseo S.A. (Middle East), CNPC Dubai, Sibur Middle East, Lanxess Middle East GmbH, Supreme Rubber LLC, Reliance Industries (Middle East) DMCC, PERFECT RUBBER INDUSTRIES LLC, Middle East Rubber Manufacturing LLC (MER), Enghuat Industries Limited and others. The companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Objective of the Study
- To analyze and estimate the market size of MEA
rubber market from 2017 to 2020.
- To estimate and forecast the market size of MEA
rubber market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast MEA rubber market
based on type, molecule, application, company and country distribution.
- To identify dominant country or segment in the
MEA rubber market.
- To identify drivers and challenges for MEA rubber
market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in MEA
rubber market.
- To identify and analyze the profile of leading
players operating in MEA rubber market.
- To identify key sustainable strategies adopted
by market players in MEA rubber market.
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performed both primary as well as exhaustive secondary research for this study. Initially, sourced a list of manufacturers across the region. Subsequently, conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, could include the manufacturers which could not be identified due to the limitations of secondary research. analyzed the manufacturers, distribution channels and presence of all major players across the region.
calculated the market size of
Key Target Audience
- Rubber manufacturers,
suppliers, distributors and other stakeholders
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to rubber
- Market research and
consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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Attribute
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Details
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Base Year
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2021
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Historic Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, Volume in Units and CAGR for 2017-2021
and 2022E-2027F
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Report coverage
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Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
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Segments covered
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Type
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Molecule
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Application
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Country scope
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Saudi Arabia; South Africa; UAE; Kuwait; Iran; Kenya; Algeria;
Nigeria; Morocco; Egypt
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Key companies profiled
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ExxonMobil Chemical Middle East & Africa, Trinseo S.A.
(Middle East), CNPC Dubai, Sibur Middle East, Lanxess Middle East GmbH,
Supreme Rubber LLC, Reliance Industries (Middle East) DMCC, PERFECT RUBBER
INDUSTRIES LLC, Middle East Rubber Manufacturing LLC (MER), Enghuat
Industries Limited.
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Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
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