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Middle East & Africa Wire and Cable Plastics Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis

Published Jul 10, 2025
Length 187 Pages
SKU # TIP20415857

Description

The Middle East and Africa wire and cable plastics market is projected to grow significantly, with an expected market size of approximately US$ 1,428.58 million by 2031, up from US$ 971.44 million in 2023. This growth represents a compound annual growth rate (CAGR) of 4.9% from 2023 to 2031.

Executive Summary and Market Analysis

The wire and cable plastics market in the Middle East and Africa is undergoing transformation, primarily driven by the rising production of passenger vehicles. The increasing income levels of the middle class and a growing population are also contributing to market expansion. Notably, the automotive sector in South Africa and Saudi Arabia is experiencing a surge in demand for wire and cable plastics. For instance, Renault Group Morocco reported a production of 350,000 vehicles in 2022, marking a 15.3% increase from the previous year.

Additionally, there is a growing recognition of electric vehicles (EVs) as a means to reduce greenhouse gas emissions and enhance energy security. This has led to increased investments in EV infrastructure and manufacturing within the region. In 2023, Saudi Arabia's Public Investment Fund (PIF) collaborated with the Saudi Electricity Company (SEC) to establish an EV infrastructure company, aiming to set up over 1,000 locations and install 5,000 chargers by 2030. The Gulf Cooperation Council (GCC) countries are heavily investing in diversifying their economies, with automotive manufacturing emerging as a key sector for growth. As the production of advanced and electric vehicles increases, so does the demand for high-performance wire and cable plastics.

Market Segmentation Analysis

The wire and cable plastics market can be segmented based on material, voltage, and end-use industry.

By Material: The market is divided into several materials, including polyethylene, polyvinyl chloride (PVC), polypropylene, cross-linked polyethylene (XLPE), thermoplastic elastomers, and others. In 2023, the polyvinyl chloride segment dominated the market share.
By Voltage: The market is categorized into low, medium, high, and extra-high voltage segments, with the low voltage segment holding the largest share in 2023.
By End-Use Industry: The end-use industries include construction, automotive, electrical and electronics, aerospace and defense, telecommunications, oil and gas, energy and power, among others. The construction sector was the largest contributor to the market in 2023.

Market Outlook

A significant trend anticipated in the wire and cable plastics market is the increasing emphasis on recycling and bio-based materials, reflecting a broader shift towards sustainability and environmental responsibility. As awareness of the ecological impact of traditional plastics grows, alongside stringent regulations aimed at reducing carbon footprints, manufacturers are exploring innovative methods to produce environmentally friendly wire and cable plastics.

For example, in January 2023, Borealis announced its ability to utilize its proprietary Borcycle C chemical recycling process to recycle cross-linked polyethylene types, such as XLPE and PE-X, into recycled polyethylene. This recycled material can replace virgin polyethylene in the production of wire and cable products. Similarly, in September 2024, Dow introduced a new range of REVOLOOP Recycled Plastics Resins, which incorporate post-consumer recycled materials into cable jacketing, addressing the varying needs of customers and promoting circularity. The advancement of recycling technologies enables manufacturers to recover and repurpose materials from end-of-life cables, reducing reliance on virgin petrochemical-based plastics. This not only lowers raw material costs but also minimizes the environmental impact of production, making recycled plastics an attractive option for both manufacturers and consumers.

Country Insights

The wire and cable plastics market in the Middle East and Africa includes key countries such as South Africa, Saudi Arabia, the UAE, and the Rest of Middle East and Africa. In 2023, the Rest of Middle East and Africa held the largest market share.

Countries like Egypt, Nigeria, Oman, Qatar, Kuwait, Iran, Turkey, and Kenya are significant players in this market segment. The demand for wire and cable plastics in these regions is growing due to the expansion of industries that rely on effective insulation materials for wires and cables. The rise of technologies such as the Internet of Things (IoT), artificial intelligence, and 5G networks is further driving the demand for high-performance electronic devices. For instance, in October 2023, the Egyptian startup Pearl Semiconductor secured US$ 4.5 million in funding from notable investors, indicating a vibrant tech ecosystem. Additionally, various governments in the region are investing in infrastructure development and promoting initiatives to diversify their economies, including the growth of the electronics manufacturing sector. The increasing adoption of smartphones, laptops, and other consumer electronics is also propelling the wire and cable plastics market.

Company Profiles

Key players in the Middle East and Africa wire and cable plastics market include Dow Inc., Exxon Mobil Corp., LyondellBasell Industries NV, Solvay SA, Borealis AG, BASF SE, Saudi Basic Industries Corp, LG Chem Ltd, Arkema SA, and Celanese Corp. These companies are employing various strategies such as expansion, product innovation, and mergers and acquisitions to enhance their market presence and offer innovative products to consumers.

Reasons to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa wire and cable plastics 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 Middle East & Africa wire and cable plastics 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 Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa wire and cable plastics 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.

Table of Contents

187 Pages
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macroeconomic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country-level data:
4. Middle East and Africa Wire and Cable Plastics Market Landscape
4.1 Overview
4.2 PORTER's Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Suppliers:
4.2.3 Bargaining Power of Buyers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Wire and Cable Plastics Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 Wire and Cable Manufacturers
4.3.5 End-Use Industry
4.3.6 List of Vendors in the Value Chain
5. Middle East and Africa Wire and Cable Plastics Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand from Energy & Power Industry
5.1.2 Growing Building and Construction Industry
5.2 Market Restraints
5.2.1 Fluctuations in Raw Material Prices and Harmful Environmental Impact of Plastic Use
5.3 Market Opportunities
5.3.1 Robust Telecommunication Infrastructure Expansion
5.4 Future Trends
5.4.1 Increasing Focus on Recycling and Bio-Based Materials
5.5 Impact of Drivers and Restraints:
6. Wire and Cable Plastics Market- Middle East and Africa Market Analysis
6.1 Middle East and Africa Wire and Cable Plastics Market Volume (Kilo Tons), 2021-2031
6.2 Middle East and Africa Wire and Cable Plastics Market Volume Forecast and Analysis (Kilo Tons)
6.3 Middle East and Africa Wire and Cable Plastics Market Revenue (US$ Million), 2023-2031
6.4 Middle East and Africa Wire and Cable Plastics Market Forecast and Analysis
7. Middle East and Africa Wire and Cable Plastics Market Volume and Revenue Analysis - by Material
7.1 Polyethylene
7.1.1 Overview
7.1.2 Polyethylene: Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
7.1.3 Polyethylene: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.1.4 HDPE
7.1.4.1 Overview
7.1.4.2 HDPE: Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
7.1.4.3 HDPE: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.1.5 LDPE
7.1.5.1 Overview
7.1.5.2 LDPE: Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
7.1.5.3 LDPE: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.1.6 OthersPE
7.1.6.1 Overview
This 'others' segment includes medium-density polyethylene (MDPE) and linear low-density polyethylene (LLDPE). Linear low-density polyethylene is used for formulating wire and cable compounds depending on the specific end-use requirements. LLDPE possesses excellent electrical insulation properties which makes it suitable for applications in wire and cable insulation
7.1.6.2 OthersPE: Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
7.1.6.3 OthersPE: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Polyvinyl Chloride
7.2.1 Overview
7.2.2 Polyvinyl Chloride: Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
7.2.3 Polyvinyl Chloride: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.3 Polypropylene
7.3.1 Overview
7.3.2 Polypropylene: Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
7.3.3 Polypropylene: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.4 Cross-Linked Polyethylene
7.4.1 Overview
7.4.2 Cross-Linked Polyethylene: Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
7.4.3 Cross-Linked Polyethylene: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.5 Thermoplastic Elastomers
7.5.1 Overview
7.5.2 Thermoplastic Elastomers: Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
7.5.3 Thermoplastic Elastomers: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.6 HFFR Materials
7.6.1 Overview
7.6.2 HFFR Materials: Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
7.6.3 HFFR Materials: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
7.7.3 Others: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
8. Middle East and Africa Wire and Cable Plastics Market Revenue Analysis - by Voltage
8.1 Low
8.1.1 Overview
8.1.2 Low: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Medium
8.2.1 Overview
8.2.2 Medium: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.3 High
8.3.1 Overview
8.3.2 High: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.4 Extra-high
8.4.1 Overview
8.4.2 Extra-high: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
9. Middle East and Africa Wire and Cable Plastics Market Revenue Analysis - by End-use Industry
9.1 Construction
9.1.1 Overview
9.1.2 Construction: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Automotive
9.2.1 Overview
9.2.2 Automotive: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.3 Electrical and Electronics
9.3.1 Overview
9.3.2 Electrical and Electronics: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.4 Aerospace and Defense
9.4.1 Overview
9.4.2 Aerospace and Defense: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.5 Telecommunications
9.5.1 Overview
9.5.2 Telecommunications: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.6 Oil and Gas
9.6.1 Overview
9.6.2 Oil and Gas: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.7 Energy and Power
9.7.1 Overview
9.7.2 Energy and Power: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.8 Others
9.8.1 Overview
10. Middle East and Africa Wire and Cable Plastics Market - Country Analysis
10.1 Middle East and Africa
10.1.1 Middle East and Africa Wire and Cable Plastics Market Revenue and Forecast and Analysis - by Country
10.1.1.1 Middle East and Africa Wire and Cable Plastics Market Volume and Forecast and Analysis - by Country
10.1.1.2 Middle East and Africa Wire and Cable Plastics Market Revenue and Forecast and Analysis - by Country
10.1.1.3 South Africa: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.1.1.3.1 South Africa: Middle East and Africa Wire and Cable Plastics Market Share - by Material
10.1.1.3.2 South Africa: Middle East and Africa Wire and Cable Plastics Market Share - by Voltage
10.1.1.3.3 South Africa: Middle East and Africa Wire and Cable Plastics Market Share - by End-use Industry
10.1.1.4 Saudi Arabia: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.1.1.4.1 Saudi Arabia: Middle East and Africa Wire and Cable Plastics Market Share - by Material
10.1.1.4.2 Saudi Arabia: Middle East and Africa Wire and Cable Plastics Market Share - by Voltage
10.1.1.4.3 Saudi Arabia: Middle East and Africa Wire and Cable Plastics Market Share - by End-use Industry
10.1.1.5 United Arab Emirates: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.1.1.5.1 United Arab Emirates: Middle East and Africa Wire and Cable Plastics Market Share - by Material
10.1.1.5.2 United Arab Emirates: Middle East and Africa Wire and Cable Plastics Market Share - by Voltage
10.1.1.5.3 United Arab Emirates: Middle East and Africa Wire and Cable Plastics Market Share - by End-use Industry
10.1.1.6 Rest of Middle East and Africa: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.1.1.6.1 Rest of Middle East and Africa: Middle East and Africa Wire and Cable Plastics Market Share - by Material
10.1.1.6.2 Rest of Middle East and Africa: Middle East and Africa Wire and Cable Plastics Market Share - by Voltage
10.1.1.6.3 Rest of Middle East and Africa: Middle East and Africa Wire and Cable Plastics Market Share - 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 Expansions and Other Strategic Developments
13. Company Profiles
13.1 Dow Inc
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 Exxon Mobil Corp
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 LyondellBasell Industries NV
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 Solvay SA
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 Borealis AG
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 BASF SE
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
13.7 Saudi Basic Industries Corp
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 LG Chem Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Arkema SA
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Celanese Corp
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
LIST OF TABLES
Table 1. Middle East and Africa Wire and Cable Plastics Market Segmentation
Table 2. List of Vendors in Value Chain:
Table 3. Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons)
Table 4. Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million)
Table 5. Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons) - by Material
Table 6. Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Material
Table 7. Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Voltage
Table 8. Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by End-use Industry
Table 9. Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons) - by Country
Table 10. Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Country
Table 11. South Africa: Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons) - by Material
Table 12. South Africa: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Material
Table 13. South Africa: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Voltage
Table 14. South Africa: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by End-use Industry
Table 15. Saudi Arabia: Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons) - by Material
Table 16. Saudi Arabia: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Material
Table 17. Saudi Arabia: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Voltage
Table 18. Saudi Arabia: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by End-use Industry
Table 19. United Arab Emirates: Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons) - by Material
Table 20. United Arab Emirates: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Material
Table 21. United Arab Emirates: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Voltage
Table 22. United Arab Emirates: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by End-use Industry
Table 23. Rest of Middle East and Africa: Middle East and Africa Wire and Cable Plastics Market - Volume and Forecast, 2021-2031 (Kilo Tons) - by Material
Table 24. Rest of Middle East and Africa: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Material
Table 25. Rest of Middle East and Africa: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Voltage
Table 26. Rest of Middle East and Africa: Middle East and Africa Wire and Cable Plastics Market - Revenue and Forecast, 2021-2031 (US$ Million) - by End-use Industry
 
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