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Get the latest insights on price movement and trend analysis of Cyclohexane in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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In Q1 2025, the North American cyclohexane market saw a quarter-on-quarter price rise, mainly fueled by higher benzene prices and sustained demand from the automotive and textile industries. Early in the quarter, prices increased as crude oil futures gained strength and market sentiment improved, raising production costs. Additionally, the prospect of rising inflation, driven by potential import tariffs under President Trump’s administration, added pressure on prices. On the supply side, stability returned after the ILA and USMX reached a six-year labor deal, easing concerns over port disruptions.
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In 2024, the EU cyclohexane market was finally on the rise to reach $1.3B for the first time since 2021, thus ending a two-year declining trend. Overall, consumption, however, saw a slight contraction. Over the period under review, the market hit record highs at $1.8B in 2014; however, from 2015 to 2024, consumption failed to regain momentum.
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The global cyclohexane market is estimated at a value of US$ 28.7 billion in 2024 and is forecasted to ascend to US$ 46.3 billion by the end of 2034. Worldwide sales of cyclohexane are evaluated to rise at 4.9% CAGR from 2024 to 2034.
Report Attribute | Detail |
---|---|
Cyclohexane Market Size (2024E) | US$ 28.7 Billion |
Forecasted Market Value (2034F) | US$ 46.3 Billion |
Global Market Growth Rate (2024 to 2034) | 4.9% CAGR |
East Asia Market Share (2024E) | 22.7% |
North America Market Value (2024E) | US$ 4.7 Billion |
Revenue from Adipic Acid Segment (2034F) | US$ 13.5 Billion |
Key Companies Profiled | Chemex Organchem Pvt. Ltd.; Citgo; Merck KGaA; Huntsman International LLC; Chevron Phillips Chemical Company; Idemitsu Kosan Co. Ltd.; Shandong Shenxian Luyuan Chemical; BASF; Reliance Industries Limited; Clariant; The Dow Chemical Company. |
Country-wise Insights
Attribute | United States |
---|---|
Market Value (2024E) | US$ 3.7 Billion |
Growth Rate (2024 to 2034) | 5.8% CAGR |
Projected Value (2034F) | US$ 6.5 Billion |
Attribute | Japan |
---|---|
Market Value (2024E) | US$ 2 Billion |
Growth Rate (2024 to 2034) | 3.2% CAGR |
Projected Value (2034F) | US$ 2.8 Billion |
Category-wise Insights
Attribute | Adipic Acid |
---|---|
Segment Value (2024E) | US$ 8.3 Billion |
Growth Rate (2024 to 2034) | 5% CAGR |
Projected Value (2034F) | US$ 13.5 Billion |
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The global cyclohexane market size is projected to experience a steady growth trajectory, with an estimated value of USD 28 billion in 2023 and is expected to reach approximately USD 39 billion by 2032, growing at a compound annual growth rate (CAGR) of 3.8%. This growth can be attributed to several factors, including the increasing demand for cyclohexane in the production of nylon, which is widely used across multiple industries such as automotive and textiles. The expanding application of cyclohexane as a solvent and chemical intermediate also significantly contributes to market growth, as industries continuously seek high-performance materials that offer efficiency and cost-effectiveness.
A major growth factor driving the cyclohexane market is its extensive use as a precursor in the production of nylon. Nylon, being a key component in the manufacturing of various products ranging from automotive parts to textiles, has seen a significant rise in demand. This surge is particularly evident in the automotive industry, where lightweight materials are increasingly favored to enhance fuel efficiency and reduce emissions. The growing textile industry, especially in developing regions, further boosts the demand for nylon, subsequently driving the cyclohexane market. Additionally, the rising awareness of sustainable and recycled nylon products also propels the demand for cyclohexane, as manufacturers strive to incorporate eco-friendly materials into their products.
Moreover, the use of cyclohexane as a solvent and chemical intermediate plays a crucial role in its market growth. In the chemical industry, cyclohexane is an essential component in the production of adipic acid and caprolactam, which are further processed to produce nylon. Its properties as a highly effective solvent make it an indispensable choice for various applications, including paints, coatings, and adhesives. As industries continue to innovate and develop new products, the demand for efficient solvents like cyclohexane is expected to rise, thus fueling market growth. The steady investments in research and development to enhance cyclohexane synthesis processes and improve its efficiency and environmental impact are also notable contributors to market expansion.
Furthermore, the construction industry's growth, especially in emerging economies, is a significant factor driving the cyclohexane market. The increasing infrastructure development activities demand high-performance materials like adhesives and coatings, in which cyclohexane plays a critical role. As urbanization trends accelerate, the need for durable and efficient construction materials grows, thereby boosting the demand for cyclohexane-based products. Additionally, ongoing advancements in construction technologies and materials science are likely to augment the adoption of cyclohexane, supporting its market growth.
Regionally, Asia Pacific is anticipated to dominate the cyclohexane market over the forecast period, driven by rapid industrialization and urbanization in countries such as China and India. The increasing demand for nylon and solvent applications in these fast-growing economies significantly contributes to the region's market share. Furthermore, North America and Europe are also expected to maintain substantial market shares, supported by the established automotive and chemical industries in these regions. These regions are witnessing an increasing focus on sustainability and environmental regulations, pushing manufacturers to innovate in cyclohexane applications and production processes. The Middle East & Africa and Latin America, while currently smaller markets, are poised for growth as investments in industrial developments and infrastructure projects increase.
The cyclohexane market can be segmented by purity, where high purity and low purity cyclohexane serve distinct end-user requirements. High purity cyclohexane is predominantly used in applications requiring stringent quality standards, such as in pharmaceuticals and certain high-grade chemical processes. The demand for high purity cyclohexane is growing, driven by its application in sensitive processes where impurities could significantly affect product quality. The pharmaceutical industry, in particular, relies on high purity cyclohexane for its critical applications, contributing to market growth in this segment. Furthermore, advancements in purification technologies are likely to enhance the supply and efficiency of high purity cyclohexane production, supporting its market expansion.
On the other hand, low purity c
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The global cyclohexane market is projected to grow at a CAGR of 3.50% from 2025 to 2033, reaching a value of XX million in 2033. The growth of the market is attributed to the increasing demand for cyclohexane from the automotive and construction industries. Cyclohexane is a key raw material for the production of adipic acid, which is used in the manufacture of nylon. The growing demand for nylon in the automotive and construction industries is expected to drive the demand for cyclohexane. The market is segmented by application into adipic acid, caprolactam, and other applications. The adipic acid segment is expected to hold the largest share of the market over the forecast period. The growth of this segment is attributed to the increasing demand for adipic acid from the automotive and construction industries. The caprolactam segment is also expected to witness significant growth over the forecast period. Caprolactam is used in the manufacture of nylon, which is used in a variety of applications, including automotive interiors, apparel, and carpeting. The other applications segment includes the use of cyclohexane in the manufacture of plasticizers, solvents, and coatings. Recent developments include: Recent developments pertaining to the market studied will be covered in the complete report.. Key drivers for this market are: Growing Production Capacity for Nylon, Increasing Demand for Caprolactam for Engineering Resins. Potential restraints include: Usage of Phenol for Manufacturing Caprolactam, Other Restraints. Notable trends are: Rising Demand from the Textile Industry.
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The global market size for Methyl Cyclohexane was valued at approximately USD 1.2 billion in 2023 and is projected to reach around USD 1.8 billion by 2032, exhibiting a CAGR of 4.8% during the forecast period. The growth factor contributing significantly to this rise is the increasing demand for high-purity solvents in various industrial applications, including pharmaceuticals and chemicals.
The expanding pharmaceutical and chemical industries are primary drivers for the Methyl Cyclohexane market. The compound's application as a solvent in the synthesis of various drugs and chemicals is integral to its demand. In pharmaceuticals, the substance is valued for its stability and efficacy as a solvent, which enhances the efficiency of drug formulation and production processes. As the global pharmaceutical market continues to grow, driven by increasing healthcare needs and advancements in medical research, the demand for Methyl Cyclohexane is expected to rise correspondingly.
In the automotive sector, Methyl Cyclohexane is used in the production of adhesives and coatings, which are essential for vehicle manufacturing and maintenance. The automotive industry's shift towards lightweight and high-performance materials to enhance fuel efficiency and reduce emissions is stimulating the demand for advanced coatings and adhesives. These materials require high-quality solvents like Methyl Cyclohexane, which offer superior properties such as low toxicity and high solvency power. This trend is expected to contribute significantly to the market growth over the forecast period.
Moreover, the growing emphasis on sustainable and eco-friendly products is fostering innovation in the paints and coatings industry. Methyl Cyclohexane is gaining traction due to its relatively low environmental impact compared to other solvents. As regulations regarding volatile organic compounds (VOCs) become more stringent globally, manufacturers are increasingly adopting Methyl Cyclohexane to comply with environmental standards. This regulatory push is anticipated to drive the market further, as industries strive to balance performance with environmental responsibility.
Ethylidenecyclohexane, a lesser-known but significant compound, plays a crucial role in the chemical industry. It is often utilized as an intermediate in the synthesis of various organic compounds. Its unique structure makes it a valuable component in the production of specialty chemicals and polymers. As industries continue to innovate and develop new materials, the demand for such intermediates is expected to grow. The versatility of Ethylidenecyclohexane in chemical reactions enhances its appeal, particularly in research and development sectors. This compound's potential for creating more efficient and sustainable chemical processes aligns with the industry's shift towards greener technologies.
Regionally, Asia Pacific is a key market for Methyl Cyclohexane, accounting for a substantial share of the global consumption. The rapid industrialization in countries like China and India, coupled with the robust growth of the chemicals and automotive sectors, is driving the demand in this region. North America and Europe also present significant growth opportunities, primarily due to advancements in pharmaceutical research and an increasing focus on sustainable manufacturing practices.
The Methyl Cyclohexane market is segmented by purity level, which includes high purity and low purity categories. High purity Methyl Cyclohexane is predominantly used in applications requiring stringent quality standards, such as pharmaceuticals and high-grade chemical synthesis. The high purity segment is witnessing robust growth due to the increasing demand for high-performance solvents in the pharmaceutical and chemicals industries. These sectors require solvents with minimal impurities to ensure the integrity and efficacy of their products, thereby driving the demand for high purity Methyl Cyclohexane.
Low purity Methyl Cyclohexane, on the other hand, finds extensive use in industrial applications where stringent quality standards are not as critical. This includes applications like paints and coatings, adhesives, and other construction materials. The low purity segment is driven by the expanding construction and automotive industries, where cost-effective and efficient solvents are essential for manufacturing proces
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The Indian cyclohexane market reached $585M in 2024, remaining stable against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $637M. From 2014 to 2024, the growth of the market failed to regain momentum.
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The Singaporean cyclohexane market rose significantly to $5.9M in 2024, with an increase of 6.5% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $7.2M in 2014; however, from 2015 to 2024, consumption stood at a somewhat lower figure.
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The global high purity cyclohexane market size was valued at USD 300.5 million in 2023 and is projected to reach USD 465.8 million by 2032, growing at a CAGR of 5.1% from 2024 to 2032. This growth trajectory is driven by an increasing demand for high purity cyclohexane across various industries due to its application as a solvent and chemical intermediate. A key factor contributing to this growth is the escalating use of high purity cyclohexane in the production of nylon, which is witnessing rising demand globally.
The high purity cyclohexane market is experiencing substantial growth due to its crucial role in manufacturing nylon, which is extensively used in the automotive and textile industries. The advancement in automotive technology has led to an increased demand for lightweight and durable materials, pushing manufacturers to seek high purity cyclohexane as a key ingredient. Similarly, the textile industry's move towards producing high-performance fabrics has bolstered the demand for the material, further accelerating market growth.
Another major growth factor is the increasing research and development activities in the pharmaceutical sector where high purity cyclohexane is used as a solvent for various formulations. The rise in healthcare expenditure and the continuous development of new pharmaceutical products are driving the use of high purity cyclohexane. The market is also benefiting from the growing trend of chromatographic analysis in research laboratories, where high purity cyclohexane serves as a critical solvent, aiding in precision and accuracy.
The electronics industry has also emerged as a significant consumer of high purity cyclohexane, particularly for its applications in the manufacture of electronic components and devices. The rise in consumer electronics demand, coupled with the ongoing advancements in electronic device manufacturing, has led to an increase in the consumption of high purity cyclohexane. This trend is particularly pronounced in regions like Asia Pacific, which is a hub for electronics manufacturing, thereby driving regional demand.
Cyclohexanone Hydroperoxide is a significant compound in the realm of chemical synthesis, often utilized as an oxidizing agent in various industrial processes. Its role in the production of caprolactam, a precursor to nylon, highlights its importance in the textile industry. The compound's ability to facilitate the formation of key intermediates makes it invaluable in the synthesis of high-performance materials. As industries continue to seek efficient and sustainable production methods, the demand for Cyclohexanone Hydroperoxide is expected to rise, further influencing the market dynamics of high purity cyclohexane.
Regionally, the Asia Pacific market is expected to witness the highest growth rate due to the rapid industrialization and burgeoning automotive and electronics industries in countries like China, India, and South Korea. North America and Europe are also significant markets, driven by the well-established pharmaceutical and chemical industries. However, the Middle East & Africa and Latin America regions are anticipated to show moderate growth, driven by increasing industrial activities and investments in infrastructure development.
The high purity cyclohexane market is segmented by grade into industrial grade, reagent grade, and electronic grade. The industrial grade segment dominates the market due to its widespread application across various industries including chemicals, paints and coatings, and automotive. Industrial grade cyclohexane is primarily used as a solvent and chemical intermediate, which are essential in the synthesis of various industrial chemicals and materials. Its cost-effectiveness and availability in large quantities make it the preferred choice for industrial applications.
Reagent grade high purity cyclohexane is another critical segment, extensively used in laboratory settings and research institutions. This grade is preferred for applications requiring high levels of purity and precision, such as chromatographic analysis and synthesis of high-value chemicals. The growth of this segment is propelled by the increasing number of research and development activities in the pharmaceutical and chemical sectors. The demand for high-quality reagents for accurate experimental results is driving the market for reagent grade cyclohexan
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Industrial Cyclohexane Market Overview: The global industrial cyclohexane market was valued at $24.2 billion in 2025 and is projected to reach $41.7 billion by 2033, exhibiting a CAGR of 5.2% during the forecast period (2025-2033). The market growth is attributed to its increasing demand in various end-use industries, particularly in the automobile and construction sectors. Cyclohexane is a highly versatile solvent used in the production of nylon, adhesives, and pharmaceuticals, among other applications. Market Drivers, Restraints, and Trends: The key drivers fueling the growth of the industrial cyclohexane market include the growing demand for nylon in the automotive and textile industries, the rising construction activities globally, and the increasing adoption of cyclohexane as a solvent in the paints and coatings industry. However, fluctuations in crude oil prices, stringent environmental regulations, and competition from alternative solvents could pose challenges to market growth. Additionally, technological advancements in nylon production and the adoption of bio-based cyclohexane are expected to significantly impact market trends in the coming years.
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The Cyclohexane Market size was valued at USD 14.0 billion in 2023 and is projected to reach USD 19.57 billion by 2032, exhibiting a CAGR of 4.9 % during the forecasts period. The cyclohexane market emphasis the manufacturing and sale of a colorless, flammable liquid with application mainly in the different industries as a solvent. Apperent uses comprise a production of adipic acid for nylon syntheses, as well as application in production of paints, coatings and adhesives. It uses include the chemical industry, particularly for the production of caprolactah used for nylon 6, and as intermediate for the pharmaceutical and agriculture industries. Some of the trends include focus on environment friendly production processes and higher demand for cyclohexane derivatives especially in countries that are in the developmental stage. The market is influenced by industrialization especially for industries that use nylon, and continuous research on new uses for nylon and new ways of getting nylon.
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Forecast: Cyclohexane Market Size Value in France 2023 - 2027 Discover more data with ReportLinker!
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Methyl Cyclohexane market size is USD XX billion in 2023 and will expand at a compound annual growth rate (CAGR) of 4.60% from 2023 to 2030.
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Vinyl Cyclohexane Market is expected to grow at a high CAGR of 5.2% during the forecast period 2023-2030 | DataM Intelligence
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The cyclohexane market offers diverse product grades based on purity levels, including industrial-grade cyclohexane and high-purity cyclohexane. Industrial-grade cyclohexane finds applications in chemical manufacturing, where purity requirements are less stringent. High-purity cyclohexane is utilized in industries demanding higher quality standards, such as pharmaceuticals, electronics, and food processing. Recent developments include: In December 2021: Owing to new scientific advancements and innovation, Cepsa Qumica announced a new line of sustainable products, including recyclable and renewable materials., In May 2021: Chevron Phillips Chemical announced objectives to grow its alpha olefins industry by building a second world-scale operation to make 1-hexene for specific applications. The new plant has a capacity of 266 KTA and is expected to begin operations in 2023 at Old Ocean, Texas. The project is expected to support about 600 jobs in construction and 50 full-time workers at its height.. Notable trends are: Increased use in the production of adipic acid is driving the market growth..
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The Asian cyclohexane market stood at $3.1B in 2024, approximately mirroring the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 6.7% against the previous year. The level of consumption peaked at $3.7B in 2013; however, from 2014 to 2024, consumption failed to regain momentum.
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The global industrial cyclohexane market size is projected to grow from USD 30 billion in 2023 to USD 40 billion by 2032, reflecting a compound annual growth rate (CAGR) of approximately 3.1%. This growth is driven by the increasing demand from various industrial sectors such as automotive, textiles, paints and coatings, and construction. Amidst evolving market dynamics, the role of cyclohexane in the manufacturing of critical chemicals like adipic acid and caprolactam further propels its market growth.
The expansion of the automotive industry is a significant growth factor for the industrial cyclohexane market. As the production of vehicles increases globally, the demand for cyclohexane, a key ingredient in the manufacture of automotive parts, also rises. The automotive sector extensively uses cyclohexane-derived products such as nylon, which is essential for making durable and high-performance components. This segment is expected to experience robust growth due to continuous advancements in automotive technologies and the growing consumer preference for fuel-efficient and lightweight vehicles.
Another key growth driver for the cyclohexane market is the textile industry's booming demand. Cyclohexane is a crucial raw material in producing caprolactam, which is further utilized to manufacture nylon fibers. These fibers are extensively used in the textile industry for producing fabrics and apparels. With the ever-increasing global population and rising disposable incomes, the demand for textiles is expected to surge, thereby fueling the cyclohexane market. Additionally, the ongoing trend towards sustainable and high-performance fabrics augments the use of cyclohexane in the textile sector.
The paints and coatings industry also contributes significantly to cyclohexane market growth. Industrial cyclohexane is used as a solvent in paint formulations, enhancing the application properties of paints and coatings. The growing construction activities, urbanization, and infrastructural developments worldwide are bolstering the demand for high-quality paints and coatings, thus driving the cyclohexane market. Furthermore, the need for protective coatings in various industries to ensure durability and resistance against harsh environmental conditions is adding impetus to market growth.
Vinylcyclohexane, although not as widely recognized as cyclohexane, plays a crucial role in the chemical industry due to its unique properties. It is a versatile compound used in the production of various polymers and resins, contributing to the development of high-performance materials. The demand for vinylcyclohexane is particularly notable in the production of specialty chemicals, where its ability to enhance the properties of polymers is highly valued. As industries continue to innovate and seek advanced materials, the role of vinylcyclohexane is expected to grow, providing new opportunities for manufacturers and researchers alike.
Regionally, Asia Pacific stands out as the most lucrative market for industrial cyclohexane, driven by rapid industrialization and urbanization in countries like China and India. The region's burgeoning automotive and textile industries, coupled with large-scale construction projects, create a substantial demand for cyclohexane. North America and Europe also represent significant markets due to their mature automotive and construction industries. However, stringent environmental regulations in these regions may slightly hamper market growth. Conversely, Latin America and the Middle East & Africa offer emerging opportunities owing to industrial expansion and infrastructural developments.
The application segment of the industrial cyclohexane market predominantly includes adipic acid, caprolactam, solvents, and others. Adipic acid and caprolactam are the primary drivers within this segment due to their extensive use in producing nylon, which finds applications in multiple end-user industries. Adipic acid, specifically, is a precursor to nylon 6,6 and polyurethane, playing a vital role in automotive components, textiles, and industrial machinery. The growing demand for high-performance materials in these sectors propels the consumption of adipic acid, thereby stimulating the cyclohexane market.
Caprolactam, another significant application, is integral to the production of nylon 6. The increasing use of nylon in producing engineering pl
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The global cyclohexane market is experiencing robust growth, driven by the increasing demand from its primary application in the production of nylon 6,6. This crucial polymer finds widespread use in various sectors, including textiles, automotive, packaging, and consumer goods. The market's expansion is further fueled by the growing construction and infrastructure development globally, leading to higher demand for nylon-based materials. Technological advancements in cyclohexane production processes, aiming for improved efficiency and reduced environmental impact, are also contributing to market expansion. However, fluctuating crude oil prices, a key raw material for cyclohexane production, pose a significant challenge to market stability. Furthermore, stringent environmental regulations regarding volatile organic compound emissions and sustainable production practices are shaping the industry landscape and pushing companies to adopt cleaner and more efficient technologies. The market is segmented by type (industrial grade, high-purity grade) and application (nylon 6,6, solvents, others), with nylon 6,6 currently dominating the application segment. Geographically, the North American and Asian markets, particularly China, are expected to show strong growth due to robust industrial activity and increasing consumer demand. Competitive dynamics are shaped by a mix of large established players and regional producers, with ongoing efforts toward innovation and strategic partnerships to capture market share. The forecast period (2025-2033) anticipates continued growth for the global cyclohexane market, though at a potentially moderated CAGR compared to previous years due to the balancing act between increasing demand and the challenges posed by raw material volatility and environmental regulations. The market's trajectory will depend heavily on the stability of crude oil prices and the success of industry efforts to enhance production efficiency and sustainability. Regional growth will vary depending on economic growth, industrialization rates, and the implementation of environmental policies. The dominance of nylon 6,6 as the primary application is expected to continue; however, increased exploration of alternative applications might open new growth avenues in the coming years. Companies are likely to prioritize research and development to create more environmentally friendly processes and expand into new markets.
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Cyclohexane Market size was USD 23.99 Billion in 2022 and is expected to reach USD 36.58 Billion in 2032, and register a revenue CAGR of 4.8% during the forecast period.
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Get the latest insights on price movement and trend analysis of Cyclohexane in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).