Middle East & Africa Solvents Market to 2032
Overview
The Middle East & Africa Solvents Market is expected to reach a 1.66 USD Billion by 2032 and is projected to grow at a CAGR of 5.27% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.22
Forecast, 2032 (USD Billion)
1.66
CAGR, 2024 - 2032
5.27%
Report Coverage
Middle East & Africa
Middle East & Africa Solvents Market 2018-2032 USD Billion
Middle East & Africa Solvents Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.22 USD Billion
- Projected Market Size (2032): 1.66 USD Billion
- CAGR (2025-2032): 5.27%
Key Findings of Middle East & Africa Solvents Market
- The Middle East & Africa Solvents Market was valued at 1.22 USD Billion in 2024.
- The Middle East & Africa Solvents Market is likely to grow at a CAGR of 5.27% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Conventional in Source Segment accounted for the largest share of the market with a revenue of 0.92 USD Billion
- The fastest growing segment Paints and Coatings in Application Segment grew Fastest with a CAGR of 5.82% during the forecast period from 2024 to 2032.
Middle East & Africa Solvents Market Scope
Middle East & Africa Solvents Market Segmentation & Scope
Category
- Halogenated Solvents
- Others
- Hydrocarbon Solvents
- Oxygenated Solvents
Source
- Bio-Based
- Conventional
Application
- Metal Cleaning
- Agricultural Chemicals
- Polymer Manufacturing
- Personal Care
- Printing Inks
- Adhesives
- Pharmaceuticals
- Others
- Paints and Coatings
Middle East & Africa Solvents Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 1.22 USD Billion |
| Market Value in 2032 | 1.66 USD Billion |
| CAGR (2025-2032) | 5.27% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Category,Source,Application |
Regional Insights:
-
Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 1.22 USD Billion in 2024
- Key Country: South Africa, leading in terms of revenue with value of 347.35 USD Million in 2024.
Segments and Scope
-
Middle East & Africa Solvents Market to 2032, By Category
- Oxygenated Solvents is the largest segment in Middle East & Africa Solvents Market to 2032 with a revenue of 816.99 USD Billion in the year 2024.
- Oxygenated Solvents is the Fastest growing segment in Middle East & Africa Solvents Market to 2032 with a Growth rate of 5.43 % in forecast period 2025-2032.
-
Middle East & Africa Solvents Market to 2032, By Source
- Conventional is the largest segment in Middle East & Africa Solvents Market to 2032 with a revenue of 916.50 USD Billion in the year 2024.
- Bio-Based is the Fastest growing segment in Middle East & Africa Solvents Market to 2032 with a Growth rate of 5.20 % in forecast period 2025-2032.
-
Middle East & Africa Solvents Market to 2032, By Application
- Paints and Coatings is the largest segment in Middle East & Africa Solvents Market to 2032 with a revenue of 577.15 USD Billion in the year 2024.
- Paints and Coatings is the Fastest growing segment in Middle East & Africa Solvents Market to 2032 with a Growth rate of 5.82 % in forecast period 2025-2032.
Middle East & Africa Solvents Market Company Share Analysis
| Company Name |
|
||
| BP p.l.c. | |||
| Celanese Corporation | |||
| ADM | |||
| Eastman Chemical Company or its subsidiaries | |||
| Shell | |||
Middle East & Africa Solvents Market Geographical Sales Distribution, 2018-2032 USD Billion
Middle East & Africa Solvents Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Middle East & Africa Solvents Market is segmented based on Segmentation Category,Source,Application.
Middle East & Africa Solvents Market was valued at USD 1.22(Revenue in USD Billion) in 2021.
Middle East & Africa Solvents Market is projected to grow at a CAGR of 5.27% during the forecast period of 2024 to 2032.
The Conventional segment is expected to dominate the Middle East & Africa Solvents Market, holding a largest market share of 0.92 USD Billion in 2024
Coming Soon....
Middle East & Africa Solvents Market Scope
Middle East & Africa Solvents Market Segmentation & Scope
Category
- Halogenated Solvents
- Others
- Hydrocarbon Solvents
- Oxygenated Solvents
Source
- Bio-Based
- Conventional
Application
- Metal Cleaning
- Agricultural Chemicals
- Polymer Manufacturing
- Personal Care
- Printing Inks
- Adhesives
- Pharmaceuticals
- Others
- Paints and Coatings
Frequently Asked Questions
The Middle East & Africa Solvents Market is segmented based on Segmentation Category,Source,Application.
Middle East & Africa Solvents Market was valued at USD 1.22(Revenue in USD Billion) in 2021.
Middle East & Africa Solvents Market is projected to grow at a CAGR of 5.27% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Solvents Market for final year is USD 1.66 (USD Billion).
Middle East & Africa Solvents Market Company Profiling
Frequently Asked Questions
The Middle East & Africa Solvents Market is segmented based on Segmentation Category,Source,Application.
Middle East & Africa Solvents Market was valued at USD 1.22(Revenue in USD Billion) in 2021.
Middle East & Africa Solvents Market is projected to grow at a CAGR of 5.27% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Solvents Market for final year is USD 1.66 (USD Billion).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.