Saudi Arabia Chemical Distribution Market Size & Outlook
Saudi Arabia chemical distribution market, 2018-2030 (US$M)
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Saudi Arabia chemical distribution market highlights
- The Saudi Arabia chemical distribution market generated a revenue of USD 3,088.5 million in 2022 and is expected to reach USD 5,519.4 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.5% from 2023 to 2030.
- In terms of segment, specialty chemicals was the largest revenue generating type in 2022.
- Specialty Chemicals is the most lucrative type segment registering the fastest growth during the forecast period.
Chemical distribution market data book summary
| Market revenue in 2022 | USD 3,088.5 million |
| Market revenue in 2030 | USD 5,519.4 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Specialty chemicals |
| Fastest growing segment | Specialty Chemicals |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Specialty Chemicals, Commodity Chemicals |
| Key market players worldwide | Apollo Global Management Inc Class A, Helm AG, Brenntag Biosector, Teradyne Inc, Azelis Group NV, Ashland Inc, IMCD NV, Biesterfeld, Reda |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.6% of the global chemical distribution market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia chemical distribution 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 5,519.4 million by 2030.
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Chemical Distribution Market Scope
Chemical Distribution Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia chemical distribution 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 chemical distribution market will help companies and investors design strategic landscapes.
Specialty chemicals was the largest segment with a revenue share of 65.18% in 2023. Horizon Databook has segmented the Saudi Arabia chemical distribution market based on specialty chemicals, commodity chemicals covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is a producer and exporter of crude oil. It also produces and exports polymers and chemicals. Chemical industry in Saudi Arabia is expected to continue to grow over the forecast period owing to the availability of raw materials to produce chemicals coupled with government push to develop the non-oilbased economy.
Therefore, the chemical market can provide ample opportunities for chemical distributors to expand their business in the country over the forecast period. Thereby it helps to grow the chemicals distribution market. Major chemical distributors in Saudi Arabia are Fouz Chemical Company, Glass Fiber Technology Co., Ltd., Jaffan Trading & Marketing, and Orkila KSA.
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Target buyers of Saudi Arabia chemical distribution market databook
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Our clientele includes a mix of chemical distribution market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia chemical distribution market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia chemical distribution market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia chemical distribution market size, by type, 2018-2030 (US$M)
Saudi Arabia Chemical Distribution Market Outlook Share, 2023 & 2030 (US$M)
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