Aliphatic Polyester Polyols in the Middle East & Africa Achieved a Market Size of USD 2.11 Billion in 2022

According to MarkNtel Advisors, the market size of Aliphatic Polyester Polyols in the Middle East & Africa reached USD 2.11 billion in 2022 and is projected to experience a steady growth at a CAGR of approximately 4.40% during 2024 to 2030. The upswing in demand for aliphatic polyester polyols can be attributed to the escalating need for paints, coatings, adhesives, and sealants, driven by the surge in construction projects across the Middle East & Africa countries. Aliphatic Polyester Polyols, known for their durability and UV resistance, play a pivotal role in the production of paints and coatings. Consequently, the heightened demand for these essential building and construction materials is propelling the Aliphatic Polyester Polyols Market in the Middle East & Africa.

Countries such as Saudi Arabia, the UAE, Kuwait, and others are actively diversifying their economic resources by reducing reliance on oil. In line with this, governments in the region are fostering infrastructure development through substantial investments in construction projects. This strategic shift is further fueling the demand for aliphatic polyester polyols, positioning them as integral components in the dynamic landscape of the Middle East & Africa construction industry.

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Lucrative Segments in the Middle East & Africa Aliphatic Polyester Polyols Market

• 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.

Rising net disposable income, a tech-savvy population, digital infrastructure growth, and government technology initiatives have surged demand for electronics in the Middle East and Africa. However, the lack of local production has led to dependence on imports, mainly from China and India, making electronic products expensive. To address this, regional governments are encouraging the establishment of electronics manufacturing units to minimize price volatility. These units utilize polyols to protect electronic components from environmental factors, extending their lifespan. Consequently, the expansion of electronics manufacturing is increasing the Electronics segment’s share in the Middle East and Africa Aliphatic Polyester Polyols Market.

The UAE government’s substantial investments in medical infrastructure, exemplified by increased healthcare expenditure, are driving the establishment of world-class hospitals and testing centers. Notably, Aster DM Healthcare inaugurated a 100-bed multi-specialty hospital in Sharjah in 2022, enhancing the country’s healthcare facilities. This development positively influences the demand for paints & coatings and Aliphatic Polyester Polyols, thereby boosting the UAE’s share in the Middle East & Africa Aliphatic Polyester Polyols Market.

Simultaneously, Saudi Arabia is embracing a circular carbon economy, exemplified by initiatives like the Saudi Green Initiative, aiming to transition to renewable energy and achieve net zero carbon emissions by 2060. These initiatives are set to increase the demand for Aliphatic Polyester Polyols, contributing to the growth of Saudi Arabia’s share in the regional market.

Prospective Business Allies in the Middle East & Africa Aliphatic Polyester Polyols Market

Within the extensive research report on the Middle East & Africa Aliphatic Polyester Polyols Market, notable entities such as Mokarrar Engineering Materials, BaalBaaki Chemical Industries, Lanxess , Coim Group, BASF SE, Invista, Polyolstechnologies Private Limited, Quimidogra, Stephan Company, Esterpol, Others take center stage. Collaboration and alliances are pivotal in the success of enterprises navigating the Middle East & Africa Aliphatic Polyester Polyols sector.

Recently, Lanxess revealed a partnership with DSM Engineering Materials to produce High-Performance Materials (HPM). This joint effort aims to deliver advanced solutions for various industries, including automotive and emerging mobility, electronics and electrical, as well as the consumer goods sectors.

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