| Product Code: ETC8624263 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The engineering polymer import shipments to Nigeria in 2024 were primarily sourced from the UAE, China, India, USA, and Saudi Arabia. Despite the negative Compound Annual Growth Rate (CAGR) of -13.76% from 2020 to 2024, the market saw a significant decline in growth rate from 2023 to 2024 at -30.41%. The Herfindahl-Hirschman Index (HHI) indicated low concentration in 2024, suggesting a relatively competitive market landscape. Continued monitoring of these trends will be essential for stakeholders in the engineering polymer industry to adapt to changing market dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Engineering Polymer Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Engineering Polymer Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Engineering Polymer Market - Industry Life Cycle |
3.4 Nigeria Engineering Polymer Market - Porter's Five Forces |
3.5 Nigeria Engineering Polymer Market Revenues & Volume Share, By Compound Type, 2021 & 2031F |
3.6 Nigeria Engineering Polymer Market Revenues & Volume Share, By End use, 2021 & 2031F |
4 Nigeria Engineering Polymer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable materials in various industries such as automotive, construction, and packaging. |
4.2.2 Growing investments in infrastructure development projects in Nigeria. |
4.2.3 Favorable government policies and initiatives to promote the use of engineering polymers. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs. |
4.3.2 Lack of awareness and limited adoption of engineering polymers in certain industries. |
4.3.3 Competition from alternative materials such as metals and traditional plastics. |
5 Nigeria Engineering Polymer Market Trends |
6 Nigeria Engineering Polymer Market, By Types |
6.1 Nigeria Engineering Polymer Market, By Compound Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Engineering Polymer Market Revenues & Volume, By Compound Type, 2021- 2031F |
6.1.3 Nigeria Engineering Polymer Market Revenues & Volume, By Polycarbonate (PC), 2021- 2031F |
6.1.4 Nigeria Engineering Polymer Market Revenues & Volume, By Polyamide (PA), 2021- 2031F |
6.1.5 Nigeria Engineering Polymer Market Revenues & Volume, By Polymide (PI), 2021- 2031F |
6.1.6 Nigeria Engineering Polymer Market Revenues & Volume, By Styrene Acrylonitrile (SAN), 2021- 2031F |
6.1.7 Nigeria Engineering Polymer Market Revenues & Volume, By Fuoropolymers (PTFE & Other FPs), 2021- 2031F |
6.1.8 Nigeria Engineering Polymer Market Revenues & Volume, By Polysulfone (PS), 2021- 2031F |
6.2 Nigeria Engineering Polymer Market, By End use |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Engineering Polymer Market Revenues & Volume, By Automotive & Transportation, 2021- 2031F |
6.2.3 Nigeria Engineering Polymer Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.2.4 Nigeria Engineering Polymer Market Revenues & Volume, By Building & Construction, 2021- 2031F |
6.2.5 Nigeria Engineering Polymer Market Revenues & Volume, By Consumer Goods & Appliances, 2021- 2031F |
6.2.6 Nigeria Engineering Polymer Market Revenues & Volume, By Industrial Applications, 2021- 2031F |
6.2.7 Nigeria Engineering Polymer Market Revenues & Volume, By Medical, 2021- 2031F |
7 Nigeria Engineering Polymer Market Import-Export Trade Statistics |
7.1 Nigeria Engineering Polymer Market Export to Major Countries |
7.2 Nigeria Engineering Polymer Market Imports from Major Countries |
8 Nigeria Engineering Polymer Market Key Performance Indicators |
8.1 Percentage increase in the adoption of engineering polymers in key industries. |
8.2 Number of infrastructure projects utilizing engineering polymers. |
8.3 Research and development investment in new engineering polymer technologies. |
8.4 Environmental sustainability metrics related to the use of engineering polymers. |
9 Nigeria Engineering Polymer Market - Opportunity Assessment |
9.1 Nigeria Engineering Polymer Market Opportunity Assessment, By Compound Type, 2021 & 2031F |
9.2 Nigeria Engineering Polymer Market Opportunity Assessment, By End use, 2021 & 2031F |
10 Nigeria Engineering Polymer Market - Competitive Landscape |
10.1 Nigeria Engineering Polymer Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Engineering Polymer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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