Saudi Arabia Bulk Chemicals Market By Type (Inorganic Vs Organic), By End User Industry (Construction, Automotive, Healthcare, Food & Beverages, Agriculture, Others), By Region, Competition, Forecast & Opportunities, 2028

Industry : Chemicals
Pages : 93
Published Date : April, 2023

Customization Enquiry

Buy Now

Single User Licence

$3500

Multi-User Licence

$4500

Custom Research Licence

$7500

Summary

Request Sample

Report Description

Saudi Arabia Bulk Chemicals market was valued at USD 8535.49 million in 2022 and is expected to register robust growth during the forecast period with a CAGR of 4.08%, owing to rapidly increasing infrastructural investments by the government of Saudi Arabia.

Bulk chemicals also known as commodity chemicals are a group of chemicals that are manufactured on a very large scale to satisfy the needs of various industries. Bulk chemicals often act as a raw material for a major number of specialty chemicals which are manufactured for a specific application in various industries.

Increasing Demand from Infrastructure Sector is Driving Market Growth
Saudi Arabia’s construction industry remains a leading industry in the Middle Eastern region despite macroeconomic conditions affecting the sector globally. Construction output growth is expected to grow by approximately 3.5% in Saudi Arabia in the year 2022. Construction chemicals are primarily used for increasing the speed of the work in construction projects that are under development or in new projects to add strength and stability to the constructions. Bulk chemicals are important elements for building complex constructions and have truly transformed the concept of construction industry. Government project such as King Salman Park, Neom City, Red Sea Project, Jabal and other infrastructure projects are increasing the demand for products made from petrochemical or bulk chemical such as adhesive, tiles and others, thereby supporting the growth of Saudi Arabia bulk chemical market.

Rising Demand from Chemical Industries
Saudi Arabian chemical industry is on recovery path after the COVID-19 pandemic and witnessed a rebound growth in 2022. As the bulk chemical market have varied applications, the market is controlled by prominent players with developed portfolios having refined and modern management approach. Saudi Arabia leads the world in the manufacturing of several essential chemicals, such as polyethylene, ethylene, glycol, and methyl tert-butyl ether (MTBE). Saudi Arabia is one of the most efficient country in the world at producing ethylene, which has permitted Saudi Arabia to take 10% of the total global trade of bulk chemicals.

Favorable Government Policies Driving Market Growth
Industrial growth is powered by the government policies for various end user industries which brings investments in the country. Government programs such as Public Investment Fund Program and National investment strategy is bringing huge amount of money in the kingdom. Government policies such as Vision 2030, low domestic energy costs, and a ready supply of raw materials create favorable circumstances for investment and are likely to improve the demand of bulk chemicals in the region.

Recent Developments

In January 2023, Kingdom of Saudi Arabia signed a USD 1 billion agreement with an Indian company UPL Limited to produce agricultural chemicals which will manufacture agrochemicals and the company also offers crop protection solutions.
In December 2022, Saudi Basic Chemical Industries (SABIC) announced an opening of new unit, Saudi Industrial Chemicals factory situated in Jeddah. This new factory helps SABIC in producing dioctyl terephthalate from ethyl hexanol.
In September 2022, SABIC introduced LNP THERMOCOMP AM compound, which is a carbon fiber-reinforced, flame-retardant compound most suitable for pellet-fed additive manufacturing.

Download Free Sample Report

Market Segmentation
The Saudi Arabia Bulk Chemicals market is segmented based on type, end user industry, region, and company. Based on type, the market is further bifurcated into inorganic and organic . Moreover, segmentation of the market on grounds of the end-user industry is done into construction, automotive, healthcare, food & beverages, agriculture, and others. On the basis of region, the market is further divided into Northern & Central Saudi Arabia, Eastern Saudi Arabia , Western Saudi Arabia and Southern Saudi Arabia.

Company Profiles
Saudi Basic Industries Corporation, Saudi Arabian Oil Company, Saudi Chemical Holding Company, Saudi Arabia BASF, Basic Chemical Industries Group, Saudi Industrial Investment Group, Saudi Factory For Chlorine & Alkalies, Nama Chemicals, Advanced Petrochemical Company, and ADDAR Chemical Company are some of the key market players in the industry.

Attribute	Details
Market size value in 2022	USD 8535.49 Million
Revenue Forecast in 2028	USD 10924.92 Million
Growth Rate	4.08%
Base Year	2022
Historical Years	2017 – 2020
Estimated Year	2023
Forecast Period	2024– 2028
Quantitative Units	Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028
Report Coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	Type End User Industry Region
Regional Scope	Northern & Central , Eastern , Western , Southern
Key Companies Profiled	Saudi Basic Industries Corporation, Saudi Arabian Oil Company, Saudi Chemical Holding Company, Saudi Arabia BASF, Basic Chemical Industries Group, Saudi Industrial Investment Group, Saudi Factory For Chlorine & Alkalies, Nama Chemicals, Advanced Petrochemical Company, ADDAR Chemical Company
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

Report Scope:

In this report, Saudi Arabia Bulk Chemicals market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

· Saudi Arabia Bulk Chemicals Market, By Type:

o Inorganic

o Organic

· Saudi Arabia Bulk Chemicals Market, By End User Industry:

o Construction

o Automotive

o Healthcare

o Food & Beverages

o Agriculture

o Others

· Saudi Arabia Bulk Chemicals Market, By Region:

o Northern & Central Saudi Arabia

o Eastern Saudi Arabia

o Western Saudi Arabia

o Southern Saudi Arabia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Bulk Chemicals market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Saudi Arabia Bulk Chemicals Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value

4.2. Market Share & Forecast

4.2.1. By Type (Organic v/s Inorganic)

4.2.2. By End User Industry (Healthcare, Food & Beverage, Automotive, Construction, Agriculture, and Others.)

4.2.3. By Region (Western, Northern & Central, Eastern, Southern)

4.2.4. By Company (2022)

4.3. Product Market Map

5. Eastern Saudi Arabia Bulk Chemicals Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Type

5.2.2. By End User Industry

5.2.3. By Region

6. Southern Saudi Arabia Bulk Chemicals Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type

6.2.2. By End User Industry

6.2.3. By Region

7. Northern-Central Saudi Arabia Bulk Chemicals Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type

7.2.2. By End User Industry

7.2.3. By Region

8. Western Saudi Arabia Bulk Chemicals Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By End User Industry

8.2.3. By Region

9. Market Dynamics

9.1. Drivers

9.2. Challenges

10. Market Trends & Developments

10.1. Research & Development

10.2. Product launch

10.3. Merger & Acquisition

11. Saudi Arabia Bulk Chemicals Market: SWOT Analysis

12. Porter’s Five Forces Analysis

12.1. Competition in the Industry

12.2. Potential of New Entrants

12.3. Power of Suppliers

12.4. Power of Customers

12.5. Threat of Substitute Products

13. Competitive Landscape

13.1. Business Overview

13.2. Product Offerings

13.3. Recent Developments

13.4. Financials (As Reported)

13.5. Key Personnel

13.6. SWOT Analysis

13.6.1. BASF Saudi Arabia Limited

13.6.2. Saudi Basic Industries Corporation (SABIC)

13.6.3. Saudi Arabian Oil Company (Saudi Aramco)

13.6.4. National Industrialization Company

13.6.5. BCI Group

13.6.6. Saudi Chemical Holding Company

14. Strategic Recommendations

Figures and Tables

List Of Figures

Figure 1: Saudi Arabia Bulk Chemicals Market Size, By Value (USD Million), 2018-2028F

Figure 2: Saudi Arabia Bulk Chemicals Market Share, By Type, By Value, 2018-2028F

Figure 3: Saudi Arabia Bulk Chemicals Market Share, By End User Industry, By Value, 2018-2028F

Figure 4: Saudi Arabia Bulk Chemicals Market Share, By Region, By Value, 2018-2028F

Figure 5: Saudi Arabia Bulk Chemicals Market Share, By Company, By Value, 2022

Figure 6: Saudi Arabia Bulk Chemicals Market Map, By Type, Market Size (USD Million) & Growth Rate (%), 2022

Figure 7: Saudi Arabia Bulk Chemicals Market Map, By End User Industry, Market Size (USD Million) & Growth Rate (%), 2022

Figure 8: Saudi Arabia Bulk Chemicals Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2022

Figure 9: Northern & Central Saudi Arabia Bulk Chemicals Market Size, By Value (USD Million), 2018-2028F

Figure 10: Northern & Central Saudi Arabia Bulk Chemicals Market Share, By Type, By Value, 2018-2028F

Figure 11: Northern & Central Saudi Arabia Bulk Chemicals Market Share, By End User Industry, By Value, 2018-2028F

Figure 12: Eastern Saudi Arabia Bulk Chemicals Market Size, By Value (USD Million), 2018-2028F

Figure 13: Eastern Saudi Arabia Bulk Chemicals Market Share, By Type, By Value, 2018-2028F

Figure 14: Eastern Saudi Arabia Bulk Chemicals Market Share, By End User Industry, By Value, 2018-2028F

Figure 15: Western Saudi Arabia Bulk Chemicals Market Size, By Value (USD Million), 2018-2028F

Figure 16: Western Saudi Arabia Bulk Chemicals Market Share, By Type, By Value, 2018-2028F

Figure 17: Western Saudi Arabia Bulk Chemicals Market Share, By End User Industry, By Value, 2018-2028F

Figure 18: Southern Saudi Arabia Bulk Chemicals Market Size, By Value (USD Million), 2018-2028F

Figure 19: Southern Saudi Arabia Bulk Chemicals Market Share, By Type, By Value, 2018-2028F

Figure 20: Southern Saudi Arabia Bulk Chemicals Market Share, By End User Industry, By Value, 2018-2028F

Related Reports

Sakshi Bajaal

Business Consultant

Talk To Analyst

Press Release

Saudi Arabia Bulk Chemicals Market to Register CAGR of 4.08% until 2028

Mar, 2023

Saudi Arabia Bulk Chemicals market is increasing owning to demand of chemicals from construction industry.

Summary

Report Description

Table of content

Figures and Tables

Frequently asked questions

What will be the scenario of Saudi Arabia Bulk Chemicals Market in 2028?

Which was the dominant segment by Type in the Saudi Arabia Bulk Chemicals market in 2022?

Which is the dominant segment, by End User Industry in the Saudi Arabia Bulk Chemicals market?

What are the major drivers for the Saudi Arabia Bulk Chemicals market?

Related Reports

Sakshi Bajaal

Business Consultant

Press Release

Why Choose Us