Saudi Arabia Injection Molded Plastic Market Size & Outlook
Saudi Arabia injection molded plastic market, 2019-2030 (US$M)
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Saudi Arabia injection molded plastic market highlights
- The Saudi Arabia injection molded plastic market generated a revenue of USD 12,194.0 million in 2023 and is expected to reach USD 15,433.5 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 3.4% from 2024 to 2030.
- In terms of segment, polypropylene was the largest revenue generating raw material in 2023.
- Polypropylene is the most lucrative raw material segment registering the fastest growth during the forecast period.
Injection molded plastic market data book summary
| Market revenue in 2023 | USD 12,194.0 million |
| Market revenue in 2030 | USD 15,433.5 million |
| Growth rate | 3.4% (CAGR from 2023 to 2030) |
| Largest segment | Polypropylene |
| Fastest growing segment | Polypropylene |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene, Acrylonitrile butadiene styrene, High-density polyethylene, Polystyrene, Other Raw Materials |
| Key market players worldwide | Exxon Mobil Corp, Basf SE, DuPont de Nemours Inc, Dow Inc, Huntsman Corp, Eastman Chemical Co, INEOS, LyondellBasell Industries NV Class A, SABIC, Magna International Inc, IAC Inc Ordinary Shares - New, Berry Global Group Inc, HTI Plastics, AptarGroup Inc, The Rodon Group |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 3.7% of the global injection molded plastic market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia injection molded plastic 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 15,433.5 million by 2030.
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Injection Molded Plastic Market Scope
Injection Molded Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia injection molded plastic 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 injection molded plastic market will help companies and investors design strategic landscapes.
Polypropylene was the largest segment with a revenue share of 34.32% in 2023. Horizon Databook has segmented the Saudi Arabia injection molded plastic market based on polypropylene, acrylonitrile butadiene styrene, high-density polyethylene, polystyrene, other raw materials covering the revenue growth of each sub-segment from 2019 to 2030.
Construction sector is witnessing significant growth in Saudi Arabia owing to the rising importance of industrial sector coupled with government support to achieve strategic and economic goals. In addition, continuous infrastructure development, establishment of Saudi Industrial Development Fund (SIDF), construction of Yanbu.
Jubail industrial cities, and several other industrial support and initiatives undertaken by the government are expected to drive the construction & manufacturing sector in the country. Robust growth in the construction industry is projected to fuel the demand for injection molded plastics over the forecast period.
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Our clientele includes a mix of injection molded plastic 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 injection molded plastic market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia injection molded plastic market outlook size, by raw material, 2019-2030 (US$M)
Saudi Arabia Injection Molded Plastic Market Outlook Share, 2023 & 2030 (US$M)
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