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Middle East Polyamide Market Size

The Middle East Polyamide Market is poised for significant growth, driven by its diverse applications across various industries. The building and construction sector stands as the largest consumer, fueled by extensive infrastructure projects in countries like Saudi Arabia and the United Arab Emirates. The automotive industry follows, with substantial demand stemming from vehicle production and maintenance activities in the region. Meanwhile, the electrical and electronics sector is emerging as the fastest-growing segment, propelled by the expanding consumer electronics market. Saudi Arabia leads in polyamide consumption due to its burgeoning automotive and packaging industries, while the United Arab Emirates is experiencing rapid growth in demand, particularly for advanced consumer electronics. This dynamic landscape underscores the increasing market size and share of polyamides in the Middle East.

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Market Size of middle east polyamide Industry

Middle East Polyamide Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 567.83 Million
svg icon Market Size (2029) USD 798.87 Million
svg icon Largest Share by End User Industry Electrical and Electronics
svg icon CAGR (2024 - 2029) 7.07 %
svg icon Largest Share by Country United Arab Emirates
svg icon Market Concentration High

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Middle East Polyamide Market Analysis

The Middle East Polyamide Market size is estimated at 567.83 million USD in 2024, and is expected to reach 798.87 million USD by 2029, growing at a CAGR of 7.07% during the forecast period (2024-2029).

567.83 Million

Market Size in 2024 (USD)

798.87 Million

Market Size in 2029 (USD)

9.60 %

CAGR (2017-2023)

7.07 %

CAGR (2024-2029)

Largest Market by End-user Industry

32.54 %

value share, Electrical and Electronics, 2023

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Owing to a wide range of applications of various polyamides, including contactors, circuit breakers, current devices, gears, and motors, the electronics industry occupied the largest share.

Fastest Growing Market by End-user Industry

9.13 %

Projected CAGR, Electrical and Electronics, 2024-2029

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Owing to the high temperature and electrical resistance, the demand for various polyamides, is increasing in electronics and is expected to grow at the fastest rate in the coming years.

Largest Market by Sub Resin Type

48.16 %

value share, Polyamide (PA) 6, 2023

Owing to its applications and the highest shares in various industries, including automotive, electrical and electronics, aerospace, and construction, PA 6 resin occupied the largest share.

Largest Market by Country

40.23 %

value share, United Arab Emirates, 2023

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Having the highest revenue share of around 61.73% in the electronics and electrical industry in the region, the United Arab Emirates occupied the largest share.

Leading Market Player

51.72 %

market share, Rabigh Refining and Petrochemical Company (Petro Rabigh), 2022

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With the largest production capacity of around 75 kilotons per year of PA resin in 2022 in the Middle East, the company held the largest share.

Building and construction industry to become the largest consumer of polyamides

  • Polyamides have several physical properties that make them ideal for manufacturing and industrial use, including resistance against abrasion, corrosion, chemical, and flame, along with low gas permeability, flexibility, and strength. In the Middle East, the United Arab Emirates accounted for 30% of the total volume consumed in 2022.
  • The building and construction industry is the largest consumer of polyamides. Countries like Saudi Arabia and the United Arab Emirates are well known for their massive infrastructure projects. Polyamides are used in a variety of goods in the construction industry, including pipes, screws, sheets, spacers, safety netting, rods, tubes, washers, bolts, and plumbing fittings. In line with the number of upcoming and ongoing mega projects in the region, the demand for polyamides is expected to record a CAGR of 4.11% by value during the forecast period.
  • The automotive industry is the second-largest consumer of polyamides in the region. Polyamide is one of the most used plastics in the production of under-the-hood components and fuel systems of a vehicle. The region's vehicle production is primarily dominated by Iran. However, high MRO activities in the United Arab Emirates and Saudi Arabia make them important markets for polyamides. The consumption of polyamides in the automotive market is expected to record a CAGR of 5.55% by revenue during the forecast period.
  • The electrical and electronics industry is the fastest-growing consumer of polyamides due to the rapidly growing market size of consumer electronics in the region, which may record a CAGR of 7.92% from 2023 to 2029, resulting in a market size of USD 123.6 million by 2029. The market for polyamides is expected to witness a growth of 9.36% in terms of revenue during the forecast period (2023-2029).
Middle East Polyamide Market

UAE to exhibit the fastest growth in the consumption of polyamide

  • The Middle East accounted for around 2.59% by value of the global consumption of polyamide resin in 2022. Polyamide is a key polymer for various industries, including automotive, packaging, and electrical and electronics.
  • Saudi Arabia is the largest consumer of polyamide resin in the region, owing to its rising automotive and packaging industries. Plastic packaging production in Saudi Arabia reached 2.0 million tons in 2022 from 1.8 million tons in 2021. The preference for processed and packaged foods has propelled the food packaging market in the country due to rapidly developing lifestyles and economic growth. The primary reason for the growing preference for processed foods is the shift in population dynamics from rural to urban areas. Saudi Arabia has one of the largest e-commerce markets in the Middle East. With the increasing demand for packaging, the demand for polyamide resin is likely to increase in the region in the future.
  • The United Arab Emirates is the fastest-growing country for polyamide resin in the region. It is expected to register a CAGR of 8.08% in terms of value during the forecast period (2023-2029). The surge in demand for technologically advanced consumer electronics and appliances such as smartphones, laptops, computers, cameras, televisions, and others is expected to boost consumer electronics demand in the country in the future. Consumer electronics production in the country is projected to reach a market volume of around USD 2.5 billion in 2027 from USD 1.8 billion in 2023. As a result, growth in the consumer electronics industry in the country is projected to increase the demand for polyamide resin over the coming years.

Middle East Polyamide Industry Segmentation

Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging are covered as segments by End User Industry. Aramid, Polyamide (PA) 6, Polyamide (PA) 66, Polyphthalamide are covered as segments by Sub Resin Type. Saudi Arabia, United Arab Emirates are covered as segments by Country.

  • Polyamides have several physical properties that make them ideal for manufacturing and industrial use, including resistance against abrasion, corrosion, chemical, and flame, along with low gas permeability, flexibility, and strength. In the Middle East, the United Arab Emirates accounted for 30% of the total volume consumed in 2022.
  • The building and construction industry is the largest consumer of polyamides. Countries like Saudi Arabia and the United Arab Emirates are well known for their massive infrastructure projects. Polyamides are used in a variety of goods in the construction industry, including pipes, screws, sheets, spacers, safety netting, rods, tubes, washers, bolts, and plumbing fittings. In line with the number of upcoming and ongoing mega projects in the region, the demand for polyamides is expected to record a CAGR of 4.11% by value during the forecast period.
  • The automotive industry is the second-largest consumer of polyamides in the region. Polyamide is one of the most used plastics in the production of under-the-hood components and fuel systems of a vehicle. The region's vehicle production is primarily dominated by Iran. However, high MRO activities in the United Arab Emirates and Saudi Arabia make them important markets for polyamides. The consumption of polyamides in the automotive market is expected to record a CAGR of 5.55% by revenue during the forecast period.
  • The electrical and electronics industry is the fastest-growing consumer of polyamides due to the rapidly growing market size of consumer electronics in the region, which may record a CAGR of 7.92% from 2023 to 2029, resulting in a market size of USD 123.6 million by 2029. The market for polyamides is expected to witness a growth of 9.36% in terms of revenue during the forecast period (2023-2029).
End User Industry
Aerospace
Automotive
Building and Construction
Electrical and Electronics
Industrial and Machinery
Packaging
Other End-user Industries
Sub Resin Type
Aramid
Polyamide (PA) 6
Polyamide (PA) 66
Polyphthalamide
Country
Saudi Arabia
United Arab Emirates
Rest of Middle East
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Middle East Polyamide Market Size Summary

The Middle East polyamide market is poised for significant growth, driven by its diverse applications across various industries. Polyamides are favored for their robust physical properties, such as resistance to abrasion, corrosion, and chemicals, making them indispensable in manufacturing and industrial sectors. The building and construction industry emerges as the largest consumer, with countries like Saudi Arabia and the United Arab Emirates leading in infrastructure projects. This demand is further bolstered by the automotive sector, where polyamides are extensively used in vehicle components. The electrical and electronics industry is the fastest-growing segment, fueled by the burgeoning consumer electronics market in the region. The United Arab Emirates, in particular, is witnessing rapid growth in polyamide consumption due to its expanding technology-driven consumer base.

Saudi Arabia stands out as the largest consumer of polyamide resin in the region, supported by its growing automotive and packaging industries. The shift towards urbanization and the rise in e-commerce are propelling the demand for processed and packaged foods, thereby increasing the need for polyamide resin. The United Arab Emirates is also experiencing a surge in demand for polyamide, driven by advancements in consumer electronics and the implementation of 5G technology. The market is fairly consolidated, with major players like BASF SE, Celanese Corporation, and Koch Industries dominating the landscape. Recent strategic acquisitions and innovations, such as sustainable polyamide resins, highlight the industry's focus on addressing environmental concerns and enhancing product offerings.

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Middle East Polyamide Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 1.1 End User Industry

      1. 1.1.1 Aerospace

      2. 1.1.2 Automotive

      3. 1.1.3 Building and Construction

      4. 1.1.4 Electrical and Electronics

      5. 1.1.5 Industrial and Machinery

      6. 1.1.6 Packaging

      7. 1.1.7 Other End-user Industries

    2. 1.2 Sub Resin Type

      1. 1.2.1 Aramid

      2. 1.2.2 Polyamide (PA) 6

      3. 1.2.3 Polyamide (PA) 66

      4. 1.2.4 Polyphthalamide

    3. 1.3 Country

      1. 1.3.1 Saudi Arabia

      2. 1.3.2 United Arab Emirates

      3. 1.3.3 Rest of Middle East

Middle East Polyamide Market Size FAQs

The Middle East Polyamide Market size is expected to reach USD 567.83 million in 2024 and grow at a CAGR of 7.07% to reach USD 798.87 million by 2029.

In 2024, the Middle East Polyamide Market size is expected to reach USD 567.83 million.

Middle East Polyamide Market Report Snapshots

Middle East Polyamide Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029