Saudi Arabia Liquid Crystal Polymer Market Size & Outlook
The liquid crystal polymer market in Saudi Arabia is expected to reach a projected revenue of US$ 50.3 million by 2030. A compound annual growth rate of 4.8% is expected of Saudi Arabia liquid crystal polymer market from 2023 to 2030.
Revenue, 2022 (US$M)
$34.5
Forecast, 2030 (US$M)
$50.3
CAGR, 2023 - 2030
4.8%
Report Coverage
Saudi Arabia
Saudi Arabia liquid crystal polymer market, 2018-2030 (US$M)
Related Markets
Saudi Arabia liquid crystal polymer market highlights
- The Saudi Arabia liquid crystal polymer market generated a revenue of USD 34.5 million in 2022 and is expected to reach USD 50.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 4.8% from 2023 to 2030.
- In terms of segment, electrical & electronics was the largest revenue generating end use in 2022.
- MEDICAL is the most lucrative end use segment registering the fastest growth during the forecast period.
Liquid crystal polymer market data book summary
| Market revenue in 2022 | USD 34.5 million |
| Market revenue in 2030 | USD 50.3 million |
| Growth rate | 4.8% (CAGR from 2022 to 2030) |
| Largest segment | Electrical & electronics |
| Fastest growing segment | MEDICAL |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Solvay SA, Celanese Corp Class A, Sumitomo Chemical Co Ltd, Toray Industries Inc, Ueno Fine Chemicals Industry, RTP Company, Zeus, Chang Chun Group, Daicel Corp, Daken |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 2.0% of the global liquid crystal polymer 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 liquid crystal polymer market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 30.1 million by 2030.
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Liquid Crystal Polymer Market Scope
Liquid crystal polymer market segmentation & scope
Liquid Crystal Polymer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia liquid crystal polymer market size, by end use, 2018-2030 (US$M)
Saudi Arabia Liquid Crystal Polymer Market Outlook Share, 2022 & 2030 (US$M)
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