At 4.3% CAGR, Middle East & Africa Polyacrylic Acid Market is Projected to be Worth US$ 364.43 Million by 2031, says Business Market Insights

According to Business Market Insights’ research, the Middle East & Africa polyacrylic acid market was valued at US$ 260.33 million in 2023 and is expected to reach US$ 364.43 million by 2031, registering a CAGR of 4.3% from 2023 to 2031. Rising focus on water and wastewater treatment activities and rising demand from paper & pulp industry are among the critical factors attributed to drive the Middle East & Africa polyacrylic acid market growth.

Water and wastewater treatment is becoming increasingly important in many countries and regions across the world. In 2024, Egypt's Minister of International Cooperation inked a US$ 53.6 million (€50 million) funding agreement with the French Development Agency (AFD), in addition to a further grant of US$ 1.6 million (€1.5 million). The partnership seeks to facilitate the completion of the Al Gabal Al Asfar Wastewater Treatment Plant's third phase. According to Hassan Allam Holding, the 1,800,000 m3/day wastewater treatment plant in Cairo is the biggest in the MENA region. Polyacrylic acid is used as a flocculant to remove suspended solids and particles from water. It finds application as a clarifying agent, dispersing agent, and anti-scaling agent in membrane-based water treatment processes. Thus, the rising focus on water and wastewater treatment activities in various countries across the world drives the demand for polyacrylic acid.

On the contrary, fluctuation in prices of raw materials hampers the growth of Middle East & Africa polyacrylic acid market.

By form, the Middle East & Africa polyacrylic acid market is segmented into powder and liquid. The liquid segment held 71.0% share of Middle East & Africa polyacrylic acid market share in 2023, amassing US$ 184.94 million. It is projected to garner US$ 260.80 million by 2031 to register 4.4% CAGR during 2023–2031.

In terms of dispersing agent, anti-scaling agent, thickeners, emulsifiers, ion-exchanger, and others. The anti-scaling agents segment held 32.2% share of Middle East & Africa polyacrylic acid market share in 2023, amassing US$ 83.86 million. It is projected to garner US$ 117.88 million by 2031 to register 4.3% CAGR during 2023–2031.

Based on end-use industry, the Middle East & Africa polyacrylic acid market is segmented into water treatment, personal care & cosmetics, detergents & cleaners, leather & textiles, pulp & paper, paints & coatings, ceramics, and others. The water treatment segment held 35.9% share of Middle East & Africa polyacrylic acid market share in 2023, amassing US$ 93.48 million. It is projected to garner US$ 134.01 million by 2031 to register 4.6% CAGR during 2023–2031.

Based on country, the Middle East & Africa polyacrylic acid market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 38.3% share of Middle East & Africa polyacrylic acid market in 2023. It was assessed at US$ 99.58 million in 2023 and is likely to hit US$ 139.53 million by 2031, registering a CAGR of 4.3% during 2023–2031.

Key players operating in the Middle East & Africa polyacrylic acid market are Arkema SA, Ashland Inc, BASF SE, Evonik Industries AG, The Dow Chemical Co, and The Lubrizol Corp, among others.

• In 2023: Lubrizol Life Science Beauty launched a thickening agent Carbopol SC-800 for personal care products. The rheology modifier solution for mild and sulfate-free formulations is ideal for shower gels, shampoos and facial cleansers.

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