The Latin America, Middle East and Africa Polyphenylene Oxide Market would witness market growth of 7.5% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 79.69 kilo tonnes, showcasing a growth of 6.5% (2024-2031).
The Brazil market dominated the LAMEA Polyphenylene Oxide Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $54.3 Million by 2031. The Argentina market is expected to witness a CAGR of 8.3% during (2024 - 2031). Additionally, The UAE market is expected to witness a CAGR of 7.1% during (2024 - 2031).
The renewable energy sector, which encompasses solar panels and wind turbines, depends on polyphenylene oxide for its exceptional mechanical strength, electrical insulation, and thermal stability. PPO is increasingly used in components such as electrical insulators, connectors, and cable housings within wind turbines, which must endure harsh conditions like high winds, temperature fluctuations, and moisture. For instance, PPO is utilized in terminal blocks and circuit boards, ensuring reliable performance and reduced maintenance costs. In solar panels, PPO is essential for junction boxes and enclosures, protecting sensitive electronics from UV radiation and environmental damage. Installing it is also simplified by its lightweight nature, which enhances the efficiency and scalability of solar energy systems.
Continuous innovation and strategic collaborations among leading manufacturers characterize the market's competitive landscape. Companies focus on developing customized PPO grades to cater to specific industry needs while investing in sustainable and cost-effective production methods. PPO's capabilities are further enhanced by its partnerships with technology providers and research institutions, which guarantee its relevance in a changing industrial landscape.
The UAE is increasing demand for PPOs, notably in the automotive sector, as it strives to establish itself as a center for advanced manufacturing. With the government’s push for sustainable transportation under the UAE Energy Strategy 2050, PPO is increasingly used in lightweight and durable components for electric and hybrid vehicles. The country's investment in green mobility infrastructure and its dedication to lowering carbon emissions have led to the implementation of PPO in battery housings, connectors, and thermal insulation systems. Programs like the Dubai Industrial Strategy 2030, which promotes the use of advanced materials, are further accelerating PPO’s integration into automotive applications. Thus, as industries in LAMEA continue to prioritize high-performance materials, PPO’s role in driving innovation and efficiency across the automotive and medical sectors is expected to expand further.
Free Valuable Insights: The Worldwide Polyphenylene Oxide Market is Projected to reach USD 2.45 Billion by 2031, at a CAGR of 5.9%
Based on Application, the market is segmented into Electronic Components, Automotive (Structural Parts), Medical Instruments, Domestic Appliances, Fluid Handling, and Other Applications. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Solvay SA
- Asahi Kasei Corporation
- Celanese Corporation
- Saudi Basic Industries Corporation (SABIC)
- Toray Industries, Inc.
- Mitsubishi Chemical Holdings Corporation
- Covestro AG
- Ensinger GmbH
- Evonik Industries AG (RAG-Stiftung)
- BASF SE
LAMEA Polyphenylene Oxide Market Report Segmentation
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Electronic Components
- Automotive (Structural Parts)
- Medical Instruments
- Domestic Appliances
- Fluid Handling
- Other Applications
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Polyphenylene Oxide Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Polyphenylene Oxide Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Polyphenylene Oxide Market, 2020 - 2023, Kilo Tonnes
TABLE 4 LAMEA Polyphenylene Oxide Market, 2024 - 2031, Kilo Tonnes
TABLE 5 LAMEA Polyphenylene Oxide Market by Application, 2020 - 2023, USD Million
TABLE 6 LAMEA Polyphenylene Oxide Market by Application, 2024 - 2031, USD Million
TABLE 7 LAMEA Polyphenylene Oxide Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 8 LAMEA Polyphenylene Oxide Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 9 LAMEA Electronic Components Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Electronic Components Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Electronic Components Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12 LAMEA Electronic Components Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13 LAMEA Automotive (Structural Parts) market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Automotive (Structural Parts) market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Automotive (Structural Parts) Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16 LAMEA Automotive (Structural Parts) Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17 LAMEA Medical Instruments Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Medical Instruments Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Medical Instruments Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 20 LAMEA Medical Instruments Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 21 LAMEA Domestic Appliances Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Domestic Appliances Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Domestic Appliances Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24 LAMEA Domestic Appliances Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25 LAMEA Fluid Handling Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Fluid Handling Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Fluid Handling Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28 LAMEA Fluid Handling Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29 LAMEA Other Applications Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Other Applications Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Other Applications Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32 LAMEA Other Applications Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33 LAMEA Polyphenylene Oxide Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Polyphenylene Oxide Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Polyphenylene Oxide Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 LAMEA Polyphenylene Oxide Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 Brazil Polyphenylene Oxide Market, 2020 - 2023, USD Million
TABLE 38 Brazil Polyphenylene Oxide Market, 2024 - 2031, USD Million
TABLE 39 Brazil Polyphenylene Oxide Market, 2020 - 2023, Kilo Tonnes
TABLE 40 Brazil Polyphenylene Oxide Market, 2024 - 2031, Kilo Tonnes
TABLE 41 Brazil Polyphenylene Oxide Market by Application, 2020 - 2023, USD Million
TABLE 42 Brazil Polyphenylene Oxide Market by Application, 2024 - 2031, USD Million
TABLE 43 Brazil Polyphenylene Oxide Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 44 Brazil Polyphenylene Oxide Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 45 Argentina Polyphenylene Oxide Market, 2020 - 2023, USD Million
TABLE 46 Argentina Polyphenylene Oxide Market, 2024 - 2031, USD Million
TABLE 47 Argentina Polyphenylene Oxide Market, 2020 - 2023, Kilo Tonnes
TABLE 48 Argentina Polyphenylene Oxide Market, 2024 - 2031, Kilo Tonnes
TABLE 49 Argentina Polyphenylene Oxide Market by Application, 2020 - 2023, USD Million
TABLE 50 Argentina Polyphenylene Oxide Market by Application, 2024 - 2031, USD Million
TABLE 51 Argentina Polyphenylene Oxide Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 52 Argentina Polyphenylene Oxide Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 53 UAE Polyphenylene Oxide Market, 2020 - 2023, USD Million
TABLE 54 UAE Polyphenylene Oxide Market, 2024 - 2031, USD Million
TABLE 55 UAE Polyphenylene Oxide Market, 2020 - 2023, Kilo Tonnes
TABLE 56 UAE Polyphenylene Oxide Market, 2024 - 2031, Kilo Tonnes
TABLE 57 UAE Polyphenylene Oxide Market by Application, 2020 - 2023, USD Million
TABLE 58 UAE Polyphenylene Oxide Market by Application, 2024 - 2031, USD Million
TABLE 59 UAE Polyphenylene Oxide Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 60 UAE Polyphenylene Oxide Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 61 Saudi Arabia Polyphenylene Oxide Market, 2020 - 2023, USD Million
TABLE 62 Saudi Arabia Polyphenylene Oxide Market, 2024 - 2031, USD Million
TABLE 63 Saudi Arabia Polyphenylene Oxide Market, 2020 - 2023, Kilo Tonnes
TABLE 64 Saudi Arabia Polyphenylene Oxide Market, 2024 - 2031, Kilo Tonnes
TABLE 65 Saudi Arabia Polyphenylene Oxide Market by Application, 2020 - 2023, USD Million
TABLE 66 Saudi Arabia Polyphenylene Oxide Market by Application, 2024 - 2031, USD Million
TABLE 67 Saudi Arabia Polyphenylene Oxide Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 68 Saudi Arabia Polyphenylene Oxide Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 69 South Africa Polyphenylene Oxide Market, 2020 - 2023, USD Million
TABLE 70 South Africa Polyphenylene Oxide Market, 2024 - 2031, USD Million
TABLE 71 South Africa Polyphenylene Oxide Market, 2020 - 2023, Kilo Tonnes
TABLE 72 South Africa Polyphenylene Oxide Market, 2024 - 2031, Kilo Tonnes
TABLE 73 South Africa Polyphenylene Oxide Market by Application, 2020 - 2023, USD Million
TABLE 74 South Africa Polyphenylene Oxide Market by Application, 2024 - 2031, USD Million
TABLE 75 South Africa Polyphenylene Oxide Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 76 South Africa Polyphenylene Oxide Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 77 Nigeria Polyphenylene Oxide Market, 2020 - 2023, USD Million
TABLE 78 Nigeria Polyphenylene Oxide Market, 2024 - 2031, USD Million
TABLE 79 Nigeria Polyphenylene Oxide Market, 2020 - 2023, Kilo Tonnes
TABLE 80 Nigeria Polyphenylene Oxide Market, 2024 - 2031, Kilo Tonnes
TABLE 81 Nigeria Polyphenylene Oxide Market by Application, 2020 - 2023, USD Million
TABLE 82 Nigeria Polyphenylene Oxide Market by Application, 2024 - 2031, USD Million
TABLE 83 Nigeria Polyphenylene Oxide Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 84 Nigeria Polyphenylene Oxide Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 85 Rest of LAMEA Polyphenylene Oxide Market, 2020 - 2023, USD Million
TABLE 86 Rest of LAMEA Polyphenylene Oxide Market, 2024 - 2031, USD Million
TABLE 87 Rest of LAMEA Polyphenylene Oxide Market, 2020 - 2023, Kilo Tonnes
TABLE 88 Rest of LAMEA Polyphenylene Oxide Market, 2024 - 2031, Kilo Tonnes
TABLE 89 Rest of LAMEA Polyphenylene Oxide Market by Application, 2020 - 2023, USD Million
TABLE 90 Rest of LAMEA Polyphenylene Oxide Market by Application, 2024 - 2031, USD Million
TABLE 91 Rest of LAMEA Polyphenylene Oxide Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 92 Rest of LAMEA Polyphenylene Oxide Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 93 Key Information – Solvay SA
TABLE 94 Key Information – Asahi Kasei Corporation
TABLE 95 Key Information – Celanese Corporation
TABLE 96 Key Information – SABIC
TABLE 97 Key Information – Toray Industries, Inc.
TABLE 98 Key Information – MITSUBISHI CHEMICAL HOLDINGS CORPORATION
TABLE 99 key information – Covestro AG
TABLE 100 Key Information – Ensinger GmbH
TABLE 101 Key Information – Evonik Industries AG
TABLE 102 Key Information – BASF SE
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Polyphenylene Oxide Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Polyphenylene Oxide Market
FIG 4 Porter’s Five Forces Analysis – Polyphenylene Oxide Market
FIG 5 LAMEA Polyphenylene Oxide Market share by Application, 2023
FIG 6 LAMEA Polyphenylene Oxide Market share by Application, 2031
FIG 7 LAMEA Polyphenylene Oxide Market by Application, 2020 - 2031, USD Million
FIG 8 LAMEA Polyphenylene Oxide Market share by Country, 2023
FIG 9 LAMEA Polyphenylene Oxide Market share by Country, 2031
FIG 10 LAMEA Polyphenylene Oxide Market by Country, 2020 - 2031, USD Million
FIG 11 SWOT Analysis: Solvay SA
FIG 12 SWOT Analysis: Asahi Kasei Corporation
FIG 13 SWOT Analysis: Celanese Corporation
FIG 14 SWOT Analysis: SABIC
FIG 15 SWOT Analysis: Toray Industries, Inc.
FIG 16 SWOT Analysis: Mitsubishi Chemical Holdings Corporation
FIG 17 SWOT Analysis: Covestro AG
FIG 18 SWOT Analysis: Ensinger GmbH
FIG 19 SWOT Analysis: Evonik Industries AG
FIG 20 SWOT Analysis: BASF SE