Saudi Arabia Specialty Chemicals Market to be Dominated by Construction Chemicals Segment through 2028
Rising
demand for construction chemicals is expected to drive the Saudi Arabia Specialty Chemicals Market
during the forecast period, 2024-2028
According to TechSci Research
report, “Saudi Arabia Specialty
Chemicals Market- Industry Size, Share, Trends,
Forecast and Opportunities, 2018-2028”, Saudi Arabia Specialty Chemicals Market Size is USD 16,551.03
in 2022 and is anticipated to register a CAGR of 4.34% during the forecast
period. Specialty chemicals are used in a wide range
of industries, such as paints and coatings, textiles, mining, plastic
additives, and others. Specialty chemicals include things such as antibiotics,
adhesives, and pesticides since they are made in small quantities to fill
specialized needs. For instance, antibiotics are created to deal with the
issues brought on by a specific disease.
Furthermore, the construction
and building repair industries employ construction chemicals. These materials
give the concrete its water tightness, boost its quality and strength, and
protect concrete structures from damage brought on by the environment.
Browse over XX market
data Figures spread through XX Pages and an in-depth TOC on the "Saudi Arabia Specialty Chemicals Market"
Saudi
Arabia Specialty Chemicals Market is segmented based on application and region.
Based on application, the market is categorized into construction
chemicals, dyes & pigments, agrochemicals, and surfactants, others. Construction
chemicals are expected to hold the largest market share during the forecast
period, 2024-2028. Construction
chemicals are used by the construction and civil repair industries. These
substances provide water tightness, improve the quality and strength of concrete,
and shield concrete structures from deterioration brought on by the atmosphere.
Major companies operating
in the Saudi Arabia Specialty Chemicals Market are:
- Saudi Basic
Industries Corporation
- Saudi Arabian Oil
Company
- Rabigh Refining
& Petrochemical Company
- Saudi Kayan
Petrochemical Company
- Saudi International
Petrochemical Company
- Gulf Stabilizers
Industries
- NAMA Chemicals Co.
- National
Industrialization Company (Tasnee)
- Advanced Petrochemical Company
- Chevron Phillips
Chemical Company, LLC
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“Saudi
Arabia Specialty Chemicals market is expected to grow at the highest rate
during the forecast period. This
is because increasing demand from automotive industry due to its widespread
usage in brake fluid, antifreeze,
rust inhibitors, radiator seals, engine and transmission additives, auto
cleaners, polishes, and waxes,” said Mr. Karan Chechi, Research Director
with TechSci Research, a research-based global management consulting firm.
“Saudi Arabia Specialty Chemicals
Market- Industry Size, Share, Trends, Forecast and Opportunities, 2018-2028. Segmented By Application (Construction
Chemicals, Dyes & Pigments, Agrochemicals, Surfactants, Others), By
Region and Competition,
has evaluated the future growth potential of Saudi Arabia Specialty Chemicals Market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision-makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Saudi Arabia Specialty Chemicals Market.”
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