Middle East and Africa Silicon Carbide Ceramics Market Forecast (2018-2026)

Year REST OF MIDDLE EAST AND AFRICA TURKEY SAUDI ARABIA UAE
2018 $ 50.4 $ 21.8 $ 30.1 $ 63.2
2019 $ 52.6 $ 22.8 $ 31.7 $ 67.2
2020 $ 50.5 $ 22.0 $ 30.7 $ 65.7
2021 $ 51.3 $ 22.4 $ 31.4 $ 67.8
2022 $ 53.3 $ 23.3 $ 33.0 $ 71.7
2023 $ 55.5 $ 24.3 $ 34.7 $ 76.0
2024 $ 57.9 $ 25.4 $ 36.5 $ 80.6
2025 $ 60.5 $ 26.6 $ 38.4 $ 85.6
2026 $ 63.3 $ 27.9 $ 40.6 $ 91.2
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Middle East and Africa Silicon Carbide Ceramics Market Forecast (2018-2026)

Synopsis
The above chart is Global Silicon Carbide Ceramics market [2018-2026] by Middle East and Africa

Market Dynamics

Uae accounted for the largest market share in 2019 in the middle east and africa silicon carbide ceramics market, and is expected to reach usd 91.20 million in 2026 from usd 67.20 million in 2019.this market is projected to grow at a cagr of 5.62% during the forecast period from 2020 - 2026. electronics and electrical segment accounted for the largest market share in 2019, this market is expected to reach usd 59.50 million in 2026 from usd 48.30 million in 2019. this market is projected to grow at a cagr of 4.16% during the forecast period from 2020 - 2026. however, automotive segment is the fastest growing market, which is expected to grow at a cagr of 5.73% during the forecast period 2020 - 2026. pressure sintered segment accounted for the largest market share in 2019, this market is expected to reach usd 130.80 million in 2026 from usd 96.20 million in 2019. this market is projected to grow at a cagr of 5.64% during the forecast period from 2020 - 2026. however, pressure sintered segment is the fastest growing market, which is expected to grow at a cagr of 5.64% during the forecast period 2020 - 2026.

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