Bio-lubricants Market End-use Industry, By Others
Global Extruded Polystyrene (XPS) market [2015-2023] by Middle East and Africa
By Middle East and Africa, the market is segmented into Middle East and Africa, Rest of Middle East and Africa, Turkey, Egypt, and GCC (2015-2023)
| Label | Middle East and Africa | Rest of Middle East and Africa | Turkey | Egypt | GCC |
|---|---|---|---|---|---|
| 2015 | 192.8 USD Mn | 54.6 USD Mn | 42.5 USD Mn | 29.5 USD Mn | 66.2 USD Mn |
| 2016 | 202.1 USD Mn | 57.2 USD Mn | 44.7 USD Mn | 30.5 USD Mn | 69.7 USD Mn |
| 2017 | 213.1 USD Mn | 60.2 USD Mn | 47.2 USD Mn | 31.8 USD Mn | 73.8 USD Mn |
| 2018 | 224.1 USD Mn | 63.2 USD Mn | 49.8 USD Mn | 33.1 USD Mn | 78.0 USD Mn |
| 2019 | 237.0 USD Mn | 66.8 USD Mn | 52.9 USD Mn | 34.5 USD Mn | 82.8 USD Mn |
| 2020 | 251.0 USD Mn | 70.6 USD Mn | 56.2 USD Mn | 36.2 USD Mn | 88.1 USD Mn |
| 2021 | 267.1 USD Mn | 75.1 USD Mn | 59.9 USD Mn | 38.0 USD Mn | 94.1 USD Mn |
| 2022 | 284.3 USD Mn | 79.8 USD Mn | 63.9 USD Mn | 40.0 USD Mn | 100.6 USD Mn |
| 2023 | 302.6 USD Mn | 84.8 USD Mn | 68.2 USD Mn | 42.1 USD Mn | 107.5 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
GCC accounted for the largest market share in 2018 in the Middle East and Africa extruded polystyrene (xps) market, and is expected to reach USD 107.50 Million in 2023 from USD 78.00 Million in 2018.This market is projected to grow at a CAGR of 6.74% during the forecast period from 2019 - 2023. residential construction segment accounted for the larger market share in 2018, this market is expected to reach USD 179.30 Million in 2023 from USD 133.70 Million in 2018. This market is projected to grow at a CAGR of 6.15% during the forecast period from 2019 - 2023. However, commercial construction segment is the fastest growing market, which is expected to grow at a CAGR of 6.51% during the forecast period 2019 - 2023.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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