Saudi Arabia Kaolin Market Size & Outlook, 2023-2030
Saudi Arabia kaolin market, 2018-2030 (US$M)
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Saudi Arabia kaolin market highlights
- The Saudi Arabia kaolin market generated a revenue of USD 60.1 million in 2023 and is expected to reach USD 70.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 2.2% from 2024 to 2030.
- In terms of segment, paper was the largest revenue generating application in 2023.
- Ceramics is the most lucrative application segment registering the fastest growth during the forecast period.
Kaolin market data book summary
| Market revenue in 2023 | USD 60.1 million |
| Market revenue in 2030 | USD 70.1 million |
| Growth rate | 2.2% (CAGR from 2023 to 2030) |
| Largest segment | Paper |
| Fastest growing segment | Ceramics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paper, Ceramics, Paint & Coatings, Fiber glass, Plastic, Rubber, Pharmaceuticals & medical, Cosmetics |
| Key market players worldwide | Basf SE, Minerals Technologies Inc, GL Sciences Inc, Imerys, EICL, KaMin Solutions, Sibelco, Thiele Kaolin Company |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.5% of the global kaolin 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 kaolin 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 70.1 million by 2030.
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Kaolin Market Scope
Kaolin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia kaolin 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 kaolin market will help companies and investors design strategic landscapes.
Paper was the largest segment with a revenue share of 36.94% in 2023. Horizon Databook has segmented the Saudi Arabia kaolin market based on paper, ceramics, paint & coatings, fiber glass, plastic, rubber, pharmaceuticals & medical, cosmetics covering the revenue growth of each sub-segment from 2018 to 2030.
The government of Saudi Arabia has developed a long-term plan to slowly shift the focus from oil industry to other manufacturing and construction industries. Furthermore, the country is expected to invest in building megacities as part of its infrastructure development, thereby boosting the growth of construction industry along with the demand for construction materials such as adhesives and sealants over the forecast period.
This is projected to propel the demand for kaolin products in the construction industry. The government of Saudi Arabia is focusing on economic diversification, which is expected to trigger the growth of small and medium-sized enterprises (SME) segment.
Furthermore, a boost in terms of automobile production is projected to remain an important contributor to the growth of the plastics industry. For instance, Isuzu Motors in the eastern region is projected to manufacture 25,000 trucks by 2025.
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Our clientele includes a mix of kaolin 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 kaolin market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia kaolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia kaolin market size, by application, 2018-2030 (US$M)
Saudi Arabia Kaolin Market Outlook Share, 2023 & 2030 (US$M)
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