Middle East and Africa Polypropylene Compounds Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Mineral Filled PP Compounds, Compounded TPO, Compounded TPV, Glass Reinforced, and Others), and End User (Automotive, Electricals and Electronics, Packaging, Building and Construction, Textiles, and Others)     

Code: TIPRE00026283 | Pages: 111 | Industry: Chemicals and Materials | Date: Dec 2021
Covid

Market Introduction  

The MEA region includes countries such as South Africa, Saudi Arabia, the UAE, and the Rest of the MEA. The polypropylene compound market in the MEA region is mainly driven by growing demand from various end-use industries such as construction, packaging, and many others. The increased markets for consumer products, burgeoning individual incomes, and growing domestic economies -particularly those in East and West Africa are driving the growth of the packaging industry in the African continent. The construction industry is one of the important industries in the UAE. South Africa has a well-established electronics sector. Thus, with the growth of the industries such as construction, packaging, electronics, etc. the market for polypropylene compounds will grow in the coming years.

In the MEA, South Africa has reported high COVID-19 cases and deaths. The pandemic has had a severe impact on the MEA economy, which has led to a decline in oil production, tourism, and remittances. The MEA region comprises many growing economies that are prospective markets for polypropylene compounds vendors. The pandemic has significantly slowed down the growth of the polypropylene compounds market in the region due to the negative impact on the growth of industries such as construction. The COVID-19 workforce reductions have affected many companies’ ability to maintain efficiency in production. The construction industry in the region is facing challenges in the form of delays in raw material, scarcity of projects, and new restrictions on the operation of laborers at construction sites. In the UAE, the pandemic has led to the disruption of various construction activities. However, the demand for polypropylene compounds in the region is likely to grow with the roll-out of vaccination plans and consequent economic recovery. Various construction activities are expected to return to normal, thereby fueling the polypropylene compounds market growth.                


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Market Overview and Dynamics

The polypropylene compounds market in the MEA is expected to grow from US$ 1,142.78 million in 2021 to US$ 1,490.24 million by 2028; it is estimated to grow at a CAGR of 3.9% from 2021 to 2028. Mineral-filled polypropylene compounds may be used in high-volume, low-cost applications such as automotive, electrical, and electronic appliances, and packaging. Minerals are incorporated in the polypropylene compounds to confer greater heat distortion and rigidity. These polypropylene products are available in versions such as natural-colored, colorable, and UV stabilized structures. Other applications of these compounds include automotive HVAC systems, dishwasher parts, air conditioners, fan blades, food containers, water pumps, water management systems, etc. The various players operating in the market such as Intek Plastic, Inc., and many others are offering mineral-filled polypropylene plastics with improved properties such as greater dimensional stability, stiffness, etc. The increasing use of mineral-filled polypropylene compounds will drive the growth of the polypropylene compounds market.       

Key Market Segments

MEA polypropylene compounds market is segmented into type, end user and country. Based on type, the MEA polypropylene compounds market is segmented into mineral filled PP compounds, compounded TPO, compounded TPV, glass reinforced, and others. The mineral filled PP compounds segment held the largest share of the market in 2020. Based on end user, the MEA polypropylene compounds market is divided into automotive, electricals and electronics, packaging, building and construction, textiles, and others. The automotive segment held the largest share of the MEA polypropylene compounds market in 2020. Based on country, the MEA polypropylene compounds market is segmented Saudi Arabia, South Africa, UAE, and rest of MEA. Rest of the MEA held the largest market share in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the polypropylene compounds market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Borealis AG; Exxon Mobil Corporation; LyondellBasell Industries Holdings B.V.; SABIC; Sumitomo Chemical Co., Ltd; Total; and Trinseo.        

Reasons to buy report

  • To understand the MEA polypropylene compounds market landscape and identify market segments that are most likely to guarantee a strong return.
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA polypropylene compounds market.
  • Efficiently plan M&A and partnership deals in MEA polypropylene compounds market by identifying market segments with the most promising probable sales.
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA polypropylene compounds market.
  • Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.

MEA Polypropylene Compounds Market Segmentation

MEA Polypropylene Compounds Market - By Type

  • Mineral Filled PP Compounds
  • Compounded TPO
  • Compounded TPV
  • Glass Reinforced
  • Others

MEA Polypropylene Compounds Market - By End User

  • Automotive
  • Electricals and Electronics
  • Packaging
  • Building and Construction
  • Textiles
  • Others

MEA Polypropylene Compounds Market - By Country

  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of MEA

MEA Polypropylene Compounds Market - Company Profiles

  • Borealis AG
  • Exxon Mobil Corporation
  • LyondellBasell Industries Holdings B.V.
  • SABIC
  • Sumitomo Chemical Co., Ltd
  • Total
  • Trinseo

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection

3.2.2        Primary Interviews

3.2.3        Hypothesis Formulation

3.2.4        Macro-economic Factor Analysis

3.2.5        Developing Base Number

3.2.6        Data Triangulation

3.2.7        Country Level Data

4.           MEA Polypropylene Compounds Market Landscape

4.1         Market Overview

4.2         Porter’s Five Forces Analysis

4.3         Expert Opinion

4.4         Ecosystem Analysis

5.           MEA Polypropylene Compounds Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Demand from Industries Such as Construction, Textiles, Electrical and Electronics, and Automobiles is on the Rise

5.1.2        Rising Popularity of Mineral-Filled Polypropylene Compounds

5.2         Market Restraints

5.2.1        Constantly Changing Raw Material Prices and Negative Impact of COVID-19 Pandemic

5.3         Market Opportunities

5.3.1        Packaging Industry Having Huge Scope of Various Applications

5.4         Future Trends

5.4.1        Upcoming of Eco-Friendly Polypropylene Compounds

5.5         Impact Analysis

6.           Polypropylene Compounds Market – MEA Analysis

6.1         Polypropylene Compounds Market Overview

6.2         MEA Polypropylene Compounds Market –Revenue and Forecast To 2028 (US$ Million)

7.           MEA Polypropylene Compounds Market Analysis – By Type

7.1         Overview

7.2         MEA Polypropylene Compounds Market, By Type (2020 and 2028)

7.3         Mineral Filled PP Compounds

7.3.1        Overview

7.3.2        Mineral Filled PP Compounds: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

7.4         Compounded TPO

7.4.1        Overview

7.4.2        Compounded TPO: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

7.5         Compounded TPV

7.5.1        Overview

7.5.2        Compounded TPV: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

7.6         Glass Reinforced

7.6.1        Overview

7.6.2        Glass Reinforced: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

7.7         Others

7.7.1        Overview

7.7.2        Others: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

8.           MEA Polypropylene Compounds Market Analysis – By End User

8.1         Overview

8.2         MEA Polypropylene Compounds Market, By End User (2020 and 2028)

8.3         Automotive

8.3.1        Overview

8.3.2        Automotive: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

8.4         Electricals and Electronics

8.4.1        Overview

8.4.2        Electricals and Electronics: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

8.5         Packaging

8.5.1        Overview

8.5.2        Packaging: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

8.6         Building and Construction

8.6.1        Overview

8.6.2        Building and Construction: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

8.7         Textiles

8.7.1        Overview

8.7.2        Textiles: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

8.8         Others

8.8.1        Overview

8.8.2        Others: Polypropylene Compounds Market – Revenue and Forecast to 2028 (US$ Mn)

9.           MEA Polypropylene Compounds Market – Country Analysis

9.1         Overview

9.1.1        MEA: Polypropylene Compounds Market, by Key Country

9.1.1.1          South Africa: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1          South Africa: Polypropylene Compounds Market, by Type

9.1.1.1.2          South Africa: Polypropylene Compounds Market, by End User

9.1.1.2          Saudi Arabia: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1          Saudi Arabia: Polypropylene Compounds Market, by Type

9.1.1.2.2          Saudi Arabia: Polypropylene Compounds Market, by End User

9.1.1.3          UAE: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1          UAE: Polypropylene Compounds Market, by Type

9.1.1.3.2          UAE: Polypropylene Compounds Market, by End User

9.1.1.4          Rest of MEA: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1          Rest of MEA: Polypropylene Compounds Market, by Type

9.1.1.4.2          Rest of MEA: Polypropylene Compounds Market, by End User

10.        Impact of COVID-19 Pandemic on MEA Polypropylene Compounds Market

10.1      MEA: Impact Assessment of COVID-19 Pandemic

11.        Industry Landscape

11.1      Product Launch

11.2      Product News

11.3      Market Initiatives

12.        Company Profiles

12.1      LyondellBasell Industries Holdings B.V.

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      EXXON MOBIL CORPORATION

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      SABIC

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Sumitomo Chemical Co., Ltd.

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Borealis AG

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Total

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Trinseo

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Glossary

 


LIST OF TABLES

Table 1.             MEA Polypropylene Compounds Market –Revenue and Forecast To 2028 (US$ Million)

Table 2.             South Africa Polypropylene Compounds Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 3.             South Africa Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 4.             Saudi Arabia Polypropylene Compounds Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 5.             Saudi Arabia Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 6.             UAE Polypropylene Compounds Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 7.             UAE Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 8.             Rest of MEA Polypropylene Compounds Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 9.             Rest of MEA Polypropylene Compounds Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 10.          Glossary of Terms, MEA Polypropylene Compounds Market

 


LIST OF FIGURES

Figure 1.           MEA Polypropylene Compounds Market Segmentation

Figure 2.           MEA Polypropylene Compounds Market Segmentation – By Country

Figure 3.           MEA Polypropylene Compounds Market Overview

Figure 4.           Mineral Filled PP Compounds Segment Held Largest Share of MEA Polypropylene Compounds Market

Figure 5.           Rest of MEA Held Largest Share of MEA Polypropylene Compounds Market

Figure 6.           Porter’s Five Forces Analysis

Figure 7.           Expert Opinion

Figure 8.           Ecosystem: Polypropylene Compounds Market

Figure 9.           MEA Polypropylene Compounds Market Impact Analysis of Drivers and Restraints

Figure 10.        MEA: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Million)

Figure 11.        MEA Polypropylene Compounds Market Revenue Share, By Type (2020 and 2028)

Figure 12.        MEA Mineral Filled PP Compounds: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 13.        MEA Compounded TPO: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 14.        MEA Compounded TPV: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 15.        MEA Glass Reinforced: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 16.        MEA Others: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 17.        MEA Polypropylene Compounds Market Revenue Share, By End User (2020 and 2028)

Figure 18.        MEA Automotive: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 19.        MEA Electricals and Electronics: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 20.        MEA Packaging: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 21.        MEA Building and Construction: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 22.        MEA Textiles: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 23.        MEA Others: Polypropylene Compounds Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 24.        MEA: Polypropylene Compounds Market, by Key Country – Revenue (2020) (US$ Million)

Figure 25.        MEA: Polypropylene Compounds Market Revenue Share, by Key Country (2020 and 2028)

Figure 26.        South Africa: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Saudi Arabia: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

Figure 28.        UAE: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Rest of MEA: Polypropylene Compounds Market –Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Impact of COVID-19 Pandemic in MEA

  1. Borealis AG
  2. Exxon Mobil Corporation
  3. LyondellBasell Industries Holdings B.V.
  4. SABIC
  5. Sumitomo Chemical Co., Ltd
  6. Total
  7. Trinseo
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA polypropylene compounds market 
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA polypropylene compounds market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the polypropylene compounds market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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