Middle East & Africa Polyacrylic Acid Market Forecast to 2031 - Regional Analysis - by Form, Application, and End-Use Industry

Description

List of Tables

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; it is estimated to register a CAGR of 4.3% from 2023 to 2031.

Development of Bio-Based and Sustainable Products Boost Middle East & Africa Polyacrylic Acid Market

Different sustainable and bio-based products are used to replace products that create harmful impacts on the environment. There is a growing interest in the development and use of bio-based acrylic acid and polyacrylic acid across various industries. In October 2023, GS Caltex and LG Chem signed an MoU for a joint biodegradable business. Under the MoU, GS Caltex and LG Chem will discuss possible joint businesses utilizing 3HP. 3HP, made with plant-derived materials through microbial fermentation, is a versatile platform chemical that can produce bio acrylic acid for diapers, adhesives, coatings, and carbon fibers. In 2019, LG Chem announced a partnership with ADM to create acrylic acid from corn. Lakril Technologies revealed its plans to open a pilot plant by the end of 2024. The company catalytically converts biobased lactates such as methyl lactate, ethyl lactate, and lactic acid into acrylic acid. In 2020, Cargill licensed technology from Procter & Gamble that converts lactic acid into acrylic acid. At the end of year 2020, Cargill announced it was working with Axens and IFPEN to scale up the technology. Further, Interreg VlaNed project GREENER aims to develop polymers with the same properties as water-soluble polymer polyacrylic acid, but with the advantage that they will be bio-based and biodegradable. Thus, various developments in bio-based and sustainable products are expected to emerge as major trends in the Middle East & Africa polyacrylic acid market during the forecast period.

Middle East & Africa Polyacrylic Acid Market Overview

In Saudi Arabia, the water treatment sector emerges as a key driver of the polyacrylic acid market. With rapid urbanization, there is a pressing need for efficient water treatment solutions to meet the rising demand for clean water. Furthermore, the construction industry in Saudi Arabia presents significant opportunities for the polyacrylic acid market. The Kingdom's ambitious infrastructure development projects, such as NEOM and the Riyadh Metro, drive demand for superabsorbent polymers (SAPs) in applications such as concrete admixtures, waterproofing agents, and sealants. Polyacrylic acid-based SAPs offer advantages such as improved durability, reduced shrinkage, and enhanced workability, making them indispensable in the construction sector.

Middle East & Africa Polyacrylic Acid Market Revenue and Forecast to 2031 (US$ Million)

Middle East & Africa Polyacrylic Acid Market Segmentation

The Middle East & Africa polyacrylic acid market is categorized into form, application, end-use industry, and country.

By form, the Middle East & Africa polyacrylic acid market is segmented into powder and liquid. The liquid segment held a larger share of the Middle East & Africa polyacrylic acid market share in 2023.

In terms of application, the Middle East & Africa polyacrylic acid market is segmented into dispersing agent, anti-scaling agent, thickeners, emulsifiers, ion-exchanger, and others. The anti-scaling agents segment held the largest share of the Middle East & Africa polyacrylic acid market share in 2023.

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 the largest share of the Middle East & Africa polyacrylic acid market share in 2023.

Based on country, the Middle East & Africa polyacrylic acid market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia segment held the largest share of Middle East & Africa polyacrylic acid market in 2023.

Arkema SA, Ashland Inc, BASF SE, Evonik Industries AG, The Dow Chemical Co, and The Lubrizol Corp are some of the leading companies operating in the Middle East & Africa polyacrylic acid market.

Product Code: BMIRE00031390

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
- 3.2.1 Hypothesis Formulation:
- 3.2.2 Macro-Economic Factor Analysis:
- 3.2.3 Developing Base Number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country Level Data:
3.3 Primary Research

4. Middle East & Africa Polyacrylic Acid Market Landscape

4.1 Overview
4.2 Porters Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Intensity of Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis

5. Middle East & Africa Polyacrylic Acid Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Rising Focus on Water and Wastewater Treatment Activities
- 5.1.2 Rising Demand from Paper & Pulp Industry
5.2 Market Restraints
- 5.2.1 Fluctuation in Prices of Raw Materials
5.3 Market Opportunities
- 5.3.1 Increasing Demand for Polyacrylic Acid from Detergent and Cleaner Applications
5.4 Future Trends
- 5.4.1 Development of Bio-Based and Sustainable Products
5.5 Impact of Drivers and Restraints:

6. Polyacrylic Acid Market - Middle East & Africa Market Analysis

6.1 Middle East & Africa Polyacrylic Acid Market Volume (Kilo Tons), 2021-2031
6.2 Middle East & Africa Polyacrylic Acid Market Volume Forecast and Analysis (Kilo Tons)
6.3 Middle East & Africa Polyacrylic Acid Market Revenue (US$ Million), 2021-2031
6.4 Middle East & Africa Polyacrylic Acid Market Forecast and Analysis

7. Middle East & Africa Polyacrylic Acid Market Volume and Revenue Analysis - by Form

7.1 Powder
- 7.1.1 Overview
- 7.1.2 Powder: Middle East & Africa Polyacrylic Acid Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.1.3 Powder: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Liquid
- 7.2.1 Overview
- 7.2.2 Liquid: Middle East & Africa Polyacrylic Acid Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.2.3 Liquid: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)

8. Middle East & Africa Polyacrylic Acid Market Revenue Analysis - by Application

8.1 Dispersing Agent
- 8.1.1 Overview
- 8.1.2 Dispersing Agent: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Anti-Scaling Agent
- 8.2.1 Overview
- 8.2.2 Anti-Scaling Agent: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
8.3 Thickeners
- 8.3.1 Overview
- 8.3.2 Thickeners: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
8.4 Emulsifiers
- 8.4.1 Overview
- 8.4.2 Emulsifiers: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
8.5 Ion-Exchanger
- 8.5.1 Overview
- 8.5.2 Ion-Exchanger: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
8.6 Others
- 8.6.1 Overview
- 8.6.2 Others: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)

9. Middle East & Africa Polyacrylic Acid Market Revenue Analysis - by End-Use Industry

9.1 Water Treatment
- 9.1.1 Overview
- 9.1.2 Water Treatment: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Personal Care and Cosmetics
- 9.2.1 Overview
- 9.2.2 Personal Care and Cosmetics: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
9.3 Detergents and Cleaners
- 9.3.1 Overview
- 9.3.2 Detergents and Cleaners: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
9.4 Leather and Textiles
- 9.4.1 Overview
- 9.4.2 Leather and Textiles: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
9.5 Pulp and Paper
- 9.5.1 Overview
- 9.5.2 Pulp and Paper: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
9.6 Paints and Coatings
- 9.6.1 Overview
- 9.6.2 Paints and Coatings: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
9.7 Ceramics
- 9.7.1 Overview
- 9.7.2 Ceramics: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
9.8 Others
- 9.8.1 Overview
- 9.8.2 Others: Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)

10. Middle East & Africa Polyacrylic Acid Market - Country Analysis

10.1 Middle East & Africa Polyacrylic Acid Market Overview
- 10.1.1 Middle East & Africa Polyacrylic Acid Market Revenue and Forecast and Analysis - by Country
  - 10.1.1.1 Middle East & Africa Polyacrylic Acid Market Volume and Forecast and Analysis - by Country
  - 10.1.1.2 Middle East & Africa Polyacrylic Acid Market Revenue and Forecast and Analysis -by Country
  - 10.1.1.3 South Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.3.1 South Africa Polyacrylic Acid Market Breakdown by Form
    - 10.1.1.3.2 South Africa Polyacrylic Acid Market Breakdown by Application
    - 10.1.1.3.3 South Africa Polyacrylic Acid Market Breakdown by End-Use Industry
  - 10.1.1.4 Saudi Arabia Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.4.1 Saudi Arabia Polyacrylic Acid Market Breakdown by Form
    - 10.1.1.4.2 Saudi Arabia Polyacrylic Acid Market Breakdown by Application
    - 10.1.1.4.3 Saudi Arabia Polyacrylic Acid Market Breakdown by End-Use Industry
  - 10.1.1.5 United Arab Emirates Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.5.1 United Arab Emirates Polyacrylic Acid Market Breakdown by Form
    - 10.1.1.5.2 United Arab Emirates Polyacrylic Acid Market Breakdown by Application
    - 10.1.1.5.3 United Arab Emirates Polyacrylic Acid Market Breakdown by End-Use Industry
  - 10.1.1.6 Rest of Middle East & Africa Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.6.1 Rest of Middle East & Africa Polyacrylic Acid Market Breakdown by Form
    - 10.1.1.6.2 Rest of Middle East & Africa Polyacrylic Acid Market Breakdown by Application
    - 10.1.1.6.3 Rest of Middle East & Africa Polyacrylic Acid Market Breakdown by End-Use Industry

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Product Launch
12.3 Expansion

13. Company Profiles

13.1 Arkema SA
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Ashland Inc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 BASF SE
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Evonik Industries AG4
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 The Dow Chemical Co
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 The Lubrizol Corp
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments

14. Appendix

14.1 About The Insight Partners