Middle East & Africa Olefins and Aromatics Market to 2032
Overview
The Middle East & Africa Olefins and Aromatics Market is expected to reach a 94.76 USD Billion by 2032 and is projected to grow at a CAGR of 6.29% from 2025 to 2032.
Revenue, 2024 (USD Billion)
61.81
Forecast, 2032 (USD Billion)
94.76
CAGR, 2024 - 2032
6.29%
Report Coverage
Middle East & Africa
Middle East & Africa Olefins and Aromatics Market 2018-2032 USD Billion
Middle East & Africa Olefins and Aromatics Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 61.81 USD Billion
- Projected Market Size (2032): 94.76 USD Billion
- CAGR (2025-2032): 6.29%
Key Findings of Middle East & Africa Olefins and Aromatics Market
- The Middle East & Africa Olefins and Aromatics Market was valued at 61.81 USD Billion in 2024.
- The Middle East & Africa Olefins and Aromatics Market is likely to grow at a CAGR of 6.29% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Ethylene in Product Segment accounted for the largest share of the market with a revenue of 24.65 USD Billion
- The fastest growing segment Automotive in Vertical Segment grew Fastest with a CAGR of 6.84% during the forecast period from 2024 to 2032.
Middle East & Africa Olefins and Aromatics Market Scope
Middle East & Africa Olefins and Aromatics Market Segmentation & Scope
Vertical
- Agriculture
- Others
- Healthcare
- Household
- Electronics and Electricals
- Automotive
- Building and Construction
- Packaging
Product
- Butadiene
- Toluene
- Benzene
- Xylene
- Propylene
- Ethylene
Middle East & Africa Olefins and Aromatics Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 61.81 USD Billion |
| Market Value in 2032 | 94.76 USD Billion |
| CAGR (2025-2032) | 6.29% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vertical,Product |
Regional Insights:
-
Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 61.81 USD Billion in 2024
- Key Country: Saudi Arabia, leading in terms of revenue with value of 18,002.03 USD Million in 2024.
Segments and Scope
-
Middle East & Africa Olefins and Aromatics Market to 2032, By Vertical
- Packaging is the largest segment in Middle East & Africa Olefins and Aromatics Market to 2032 with a revenue of 22.48 USD Billion in the year 2024.
- Automotive is the Fastest growing segment in Middle East & Africa Olefins and Aromatics Market to 2032 with a Growth rate of 6.82 % in forecast period 2025-2032.
-
Middle East & Africa Olefins and Aromatics Market to 2032, By Product
- Ethylene is the largest segment in Middle East & Africa Olefins and Aromatics Market to 2032 with a revenue of 24.65 USD Billion in the year 2024.
- Propylene is the Fastest growing segment in Middle East & Africa Olefins and Aromatics Market to 2032 with a Growth rate of 6.02 % in forecast period 2025-2032.
Middle East & Africa Olefins and Aromatics Market Company Share Analysis
| Company Name |
|
||
| SABIC | |||
| Exxon Mobil Corporation | |||
| Shell plc | |||
| Repsol | |||
| INEOS | |||
Middle East & Africa Olefins and Aromatics Market Geographical Sales Distribution, 2018-2032 USD Billion
Middle East & Africa Olefins and Aromatics Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Middle East & Africa Olefins and Aromatics Market is segmented based on Segmentation Vertical,Product.
Middle East & Africa Olefins and Aromatics Market was valued at USD 61.81(Revenue in USD Billion) in 2023.
Middle East & Africa Olefins and Aromatics Market is projected to grow at a CAGR of 6.29% during the forecast period of 2024 to 2032.
The Ethylene segment is expected to dominate the Middle East & Africa Olefins and Aromatics Market, holding a largest market share of 24.65 USD Billion in 2024
Middle East & Africa Olefins and Aromatics Market Scope
Middle East & Africa Olefins and Aromatics Market Segmentation & Scope
Vertical
- Agriculture
- Others
- Healthcare
- Household
- Electronics and Electricals
- Automotive
- Building and Construction
- Packaging
Product
- Butadiene
- Toluene
- Benzene
- Xylene
- Propylene
- Ethylene
Frequently Asked Questions
The Middle East & Africa Olefins and Aromatics Market is segmented based on Segmentation Vertical,Product.
Middle East & Africa Olefins and Aromatics Market was valued at USD 61.81(Revenue in USD Billion) in 2023.
Middle East & Africa Olefins and Aromatics Market is projected to grow at a CAGR of 6.29% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Olefins and Aromatics Market for final year is USD 94.76 (USD Billion).
Middle East & Africa Olefins and Aromatics Market Company Profiling
Frequently Asked Questions
The Middle East & Africa Olefins and Aromatics Market is segmented based on Segmentation Vertical,Product.
Middle East & Africa Olefins and Aromatics Market was valued at USD 61.81(Revenue in USD Billion) in 2023.
Middle East & Africa Olefins and Aromatics Market is projected to grow at a CAGR of 6.29% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Olefins and Aromatics Market for final year is USD 94.76 (USD Billion).
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