Middle East Polyethylene Terephthalate Catalyst Market Size, Share & Trends Analysis growing at a CAGR of 3.9% from 2025 to 2033

The Middle East polyethylene terephthalate catalyst market size was estimated at USD 13.2 million in 2024 and is projected to reach USD 18.6 million by 2033, growing at a CAGR of 3.9% from 2025 to 2033. The market is driven by increasing demand for sustainable, high-performance plastic packaging across food, beverage, and consumer goods industries.

Key Market Trends & Insights

  • Saudi Arabia dominated the Middle East polyethylene terephthalate (PET) catalyst market with the largest revenue share of 58.8% in 2024.
  • The Middle East polyethylene terephthalate (PET) catalyst market is projected to grow at a CAGR of 3.9% from 2025 to 2033.
  • By application, textile & apparelMiddle East polyethylene terephthalate (PET) catalyst market is expected to witness the fastest growth of 4.2% from 2025 to 2033.
  • By application, packaging segment dominated the market with a revenue share of 61.8% in 2024.
  • By product, antimony based dominated the Middle East polyethylene terephthalate (PET) catalyst market with a revenue share of 76.8% in 2024.

Market Size & Forecast

  • 2024 Market Size: USD 13.2 Million
  • 2033 Projected Market Size: USD 18.6 Million
  • CAGR (2025-2033): 3.9%
  • Saudi Arabia: Largest market in 2024
  • UAE: Fastest growing market

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The region’s expanding food & beverage sector, coupled with rising urbanization and disposable incomes, is fueling demand for PET-based bottles, containers, and thermoformed trays, particularly due to their lightweight, durability, and recyclability. In addition, stringent product regulations and corporate sustainability commitments are accelerating the shift toward recycled PET (rPET), supported by advancements in catalyst technologies that enhance polymerization efficiency and material quality. The MEA region’s strategic investments in petrochemical infrastructure, particularly in Saudi Arabia, UAE, and South Africa, further bolster PET production capacity, while growing consumer preference for transparent, tamper-proof packaging strengthens PET’s dominance over alternatives like PVC and PP.

Middle East Polyethylene Terephthalate Catalyst Market Report Scope

Report Attribute

Details

Market size value in 2025

USD 13.7 million

Revenue forecast in 2033

USD 18.6 million

Growth rate

CAGR of 3.9% from 2025 to 2033

Base year for estimation

2024

Historical data

2018 – 2023

Forecast period

2025 – 2033

Quantitative units

Volume in kilotons, revenue in USD million/billion, and CAGR from 2025 to 2033

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Product, application, region

Regional scope

Middle East

Country scope

Oman; Kuwait; Saudi Arabia; UAE; Qatar; Bahrain; Israel

Key companies profiled

SABIC, Clariant, BASF SE, Arkema, GRACE, Albemarle Corporation, Honeywell International Inc., Indorama Ventures Public Company Limited, LyondellBasell Industries Holdings B.V., KMA SA MARKETING (PTY) Ltd.

Customization scope

Free report customization (equivalent to up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

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