Saudi Arabia Low Profile Additives Market Size & Outlook
Saudi Arabia low profile additives market, 2018-2030 (US$M)
Related Markets
Saudi Arabia low profile additives market highlights
- The Saudi Arabia low profile additives market generated a revenue of USD 5.5 million in 2023 and is expected to reach USD 10.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
- In terms of segment, polyvinyl acetate (pvac) was the largest revenue generating product in 2023.
- Polyvinyl Acetate (PVAc) is the most lucrative product segment registering the fastest growth during the forecast period.
Low profile additives market data book summary
| Market revenue in 2023 | USD 5.5 million |
| Market revenue in 2030 | USD 10.6 million |
| Growth rate | 9.7% (CAGR from 2023 to 2030) |
| Largest segment | Polyvinyl acetate (pvac) |
| Fastest growing segment | Polyvinyl Acetate (PVAc) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyvinyl Acetate (PVAc), Polymethyl methacrylate (PMMA), Polystyrene, Polyurethane, High Density Polyethylene |
| Key market players worldwide | Wacker Chemie AG, INEOS, Perfect Moment Ltd, Basf SE, Altana AI, Polychem Corporation, LyondellBasell Industries NV Class A, Imax Corp, Synthomer PLC, Advantagewon Oil Corp, NOF Corp |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.8% of the global low profile additives 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 low profile additives 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 10.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Low Profile Additives Market Scope
Low Profile Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia low profile additives 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 low profile additives market will help companies and investors design strategic landscapes.
Polyvinyl acetate (pvac) was the largest segment with a revenue share of 36.36% in 2023. Horizon Databook has segmented the Saudi Arabia low profile additives market based on polyvinyl acetate (pvac), polymethyl methacrylate (pmma), polystyrene, polyurethane, high density polyethylene covering the revenue growth of each sub-segment from 2018 to 2030.
The flourishing construction industry in Saudi Arabia is expected to drive the growth of low additives market in the country. Recent government policies such as SASO-ISO-11963 and SASO EN 16153 are in favor of educational infrastructure development projects, as well as the construction of residential buildings and houses in the country.
These factors drive the demand for low profile additives in the form of sheets in Saudi Arabia. Despite declining crude oil prices and their negative impact on the economy of Saudi Arabia, that is, majorly oil-dependent, the construction outlook of the country remains significantly positive owing to an increase in population and the subsequent rise in housing unit and infrastructure development activities.
Moreover, increasing consumer reliance on automobiles due to economic progress in the country is driving the growth of the automotive industry, thereby fueling the demand for low profile additives in Saudi Arabia.
Reasons to subscribe to Saudi Arabia low profile additives market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Saudi Arabia low profile additives market databook
-
Our clientele includes a mix of low profile additives market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia low profile additives market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia low profile additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia low profile additives market size, by product, 2018-2030 (US$M)
Saudi Arabia Low Profile Additives Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
