Bio-lubricants Market End-use Industry, By Others
Global Plastic Compounding market [2015-2023] Middle East and Africa by Product
By Product, the market is segmented into Polypropylene, Polyethylene, Polyvinyl Chloride, Polyethylene Terephthalate, Polystyrene, Acrylonitrile Butadiene Styrene, Polyamide, Polycarbonate, Thermoplastic Polyolefins, Thermoplastic Vulcanizates, Polybutylene Terephthalate, and Product_Others (2015-2023)
| Label | Polypropylene | Polyethylene | Polyvinyl Chloride | Polyethylene Terephthalate | Polystyrene | Acrylonitrile Butadiene Styrene | Polyamide | Polycarbonate | Thermoplastic Polyolefins | Thermoplastic Vulcanizates | Polybutylene Terephthalate | Product_Others |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2015 | 10747.04 USD Mn | 8226.64 USD Mn | 5256.22 USD Mn | 4891.75 USD Mn | 1891.01 USD Mn | 1252.37 USD Mn | 801.65 USD Mn | 402.93 USD Mn | 654.92 USD Mn | 513.5 USD Mn | 558.43 USD Mn | 984.61 USD Mn |
| 2016 | 11460.39 USD Mn | 8634.15 USD Mn | 5564.23 USD Mn | 5257.24 USD Mn | 1999.29 USD Mn | 1316.23 USD Mn | 844.23 USD Mn | 428.25 USD Mn | 690.73 USD Mn | 546.06 USD Mn | 583.28 USD Mn | 1049.91 USD Mn |
| 2017 | 12223.70 USD Mn | 9065.81 USD Mn | 5892.87 USD Mn | 5652.50 USD Mn | 2114.68 USD Mn | 1383.95 USD Mn | 889.46 USD Mn | 455.37 USD Mn | 728.82 USD Mn | 580.94 USD Mn | 609.51 USD Mn | 1120.03 USD Mn |
| 2018 | 13062.74 USD Mn | 9539.34 USD Mn | 6254.22 USD Mn | 6090.43 USD Mn | 2241.51 USD Mn | 1458.25 USD Mn | 939.11 USD Mn | 485.23 USD Mn | 770.65 USD Mn | 619.37 USD Mn | 638.27 USD Mn | 1197.39 USD Mn |
| 2019 | 13983.47 USD Mn | 10057.13 USD Mn | 6650.64 USD Mn | 6575.06 USD Mn | 2380.56 USD Mn | 1539.54 USD Mn | 993.46 USD Mn | 518.06 USD Mn | 816.47 USD Mn | 661.62 USD Mn | 669.68 USD Mn | 1282.57 USD Mn |
| 2020 | 14978.90 USD Mn | 10612.26 USD Mn | 7078.35 USD Mn | 7104.43 USD Mn | 2530.44 USD Mn | 1626.77 USD Mn | 1051.88 USD Mn | 553.6 USD Mn | 865.76 USD Mn | 707.37 USD Mn | 703.26 USD Mn | 1375.01 USD Mn |
| 2021 | 16112.55 USD Mn | 11247.42 USD Mn | 7566.79 USD Mn | 7710.28 USD Mn | 2701.63 USD Mn | 1726.52 USD Mn | 1118.64 USD Mn | 594.17 USD Mn | 922.08 USD Mn | 759.62 USD Mn | 741.77 USD Mn | 1480.61 USD Mn |
| 2022 | 17331.03 USD Mn | 11922.43 USD Mn | 8090.19 USD Mn | 8369.09 USD Mn | 2884.83 USD Mn | 1832.68 USD Mn | 1189.82 USD Mn | 637.82 USD Mn | 982.21 USD Mn | 815.86 USD Mn | 782.52 USD Mn | 1594.57 USD Mn |
| 2023 | 18640.67 USD Mn | 12639.91 USD Mn | 8651.12 USD Mn | 9085.59 USD Mn | 3080.94 USD Mn | 1945.66 USD Mn | 1265.72 USD Mn | 684.79 USD Mn | 1046.42 USD Mn | 876.39 USD Mn | 825.63 USD Mn | 1717.57 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
polypropylene segment accounted for the largest market share in 2016, this market is expected to reach USD 18640.67 Million in 2023 from USD 11460.39 Million in 2016. This market is projected to grow at a CAGR of 7.29% during the forecast period from 2017 - 2023. However, polyethylene terephthalate segment is the fastest growing market, which is expected to grow at a CAGR of 8.23% during the forecast period 2017 - 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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