Saudi Arabia Bio-polybutadiene Market Size & Outlook
Saudi Arabia bio-polybutadiene market, 2018-2030 (US$M)
Related Markets
Saudi Arabia bio-polybutadiene market highlights
- The Saudi Arabia bio-polybutadiene market generated a revenue of USD 6.9 million in 2023 and is expected to reach USD 27.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 21.5% from 2024 to 2030.
- In terms of segment, high cis polybutadiene was the largest revenue generating product in 2023.
- High Cis Polybutadiene is the most lucrative product segment registering the fastest growth during the forecast period.
Bio-polybutadiene market data book summary
| Market revenue in 2023 | USD 6.9 million |
| Market revenue in 2030 | USD 27.0 million |
| Growth rate | 21.5% (CAGR from 2023 to 2030) |
| Largest segment | High cis polybutadiene |
| Fastest growing segment | High Cis Polybutadiene |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High Cis Polybutadiene, Low Cis Polybutadiene, High Vinyl Polybutadiene, High Trans Polybutadiene |
| Key market players worldwide | Lanxess AG, Kuraray Co Ltd, JSR Corp, LG Chem, Goodyear Tire & Rubber Co, Trinseo PLC, Asahi Kasei Corp, Evonik Industries AG, Exxon Mobil Corp, Kraton Performance Polymers, Sibur, Zeon Corp, Sinopec Shanghai Petrochemical Co Ltd Class H, Valsoia, Jilin Chemical Fibre |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.3% of the global bio-polybutadiene 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 bio-polybutadiene market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 27.0 million by 2030.
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Bio-polybutadiene Market Scope
Bio-polybutadiene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia bio-polybutadiene 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 bio-polybutadiene market will help companies and investors design strategic landscapes.
High cis polybutadiene was the largest segment with a revenue share of 59.42% in 2023. Horizon Databook has segmented the Saudi Arabia bio-polybutadiene market based on high cis polybutadiene, low cis polybutadiene, high vinyl polybutadiene, high trans polybutadiene covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia bio-polybutadiene market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia bio-polybutadiene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia bio polybutadiene market size, by product, 2018-2030 (US$M)
Saudi Arabia Bio-polybutadiene Market Outlook Share, 2023 & 2030 (US$M)
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