Saudi Arabia Aerosol Propellants Market Size & Outlook
Saudi Arabia aerosol propellants market, 2018-2030 (US$M)
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Saudi Arabia aerosol propellants market highlights
- The Saudi Arabia aerosol propellants market generated a revenue of USD 96.9 million in 2023 and is expected to reach USD 148.8 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, hydrocarbons was the largest revenue generating product in 2023.
- DME and Methyl Ethyl Ether is the most lucrative product segment registering the fastest growth during the forecast period.
Aerosol propellants market data book summary
| Market revenue in 2023 | USD 96.9 million |
| Market revenue in 2030 | USD 148.8 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Hydrocarbons |
| Fastest growing segment | DME and Methyl Ethyl Ether |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hydrocarbons, DME and Methyl Ethyl Ether, Nitrous Oxide and Carbon Dioxide, Other Products |
| Key market players worldwide | Shell PLC, Brother Industries Ltd, The Chemours Co, Mitsubishi Gas Chemical Co Inc, DuPont de Nemours Inc, Honeywell International Inc, Linde PLC, National Fuel Gas Co |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.0% of the global aerosol propellants market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia aerosol propellants market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 124.8 million by 2030.
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Aerosol Propellants Market Scope
Aerosol Propellants Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia aerosol propellants market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerosol propellants market will help companies and investors design strategic landscapes.
Hydrocarbons was the largest segment with a revenue share of 74.2% in 2023. Horizon Databook has segmented the Saudi Arabia aerosol propellants market based on hydrocarbons, dme and methyl ethyl ether, nitrous oxide and carbon dioxide, other products covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of aerosol propellants market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia aerosol propellants market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia aerosol propellants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia aerosol propellants market size, by product, 2018-2030 (US$M)
Saudi Arabia Aerosol Propellants Market Outlook Share, 2023 & 2030 (US$M)
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