Saudi Arabia Medical Injection Molded Plastic Market Size & Outlook
Saudi Arabia medical injection molded plastic market, 2019-2030 (US$M)
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Saudi Arabia medical injection molded plastic market highlights
- The Saudi Arabia medical injection molded plastic market generated a revenue of USD 670.1 million in 2022 and is expected to reach USD 946.8 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 4.4% from 2023 to 2030.
- In terms of segment, polypropylene (pp) was the largest revenue generating product in 2022.
- Polypropylene (PP) is the most lucrative product segment registering the fastest growth during the forecast period.
Medical injection molded plastic market data book summary
| Market revenue in 2022 | USD 670.1 million |
| Market revenue in 2030 | USD 946.8 million |
| Growth rate | 4.4% (CAGR from 2022 to 2030) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polypropylene (PP) |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), Polystyrene (PS), Polycarbonate (PC) |
| Key market players worldwide | Dow Inc, SABIC, Eastman Chemical Co, Covestro AG, Evonik Industries AG, Sumitomo Chemical Co Ltd, Arkema SA, INEOS, Rutland Plastic Technologies |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 2.6% of the global medical injection molded plastic market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia medical 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 946.8 million by 2030.
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Medical Injection Molded Plastic Market Scope
Medical Injection Molded Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia medical 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 medical injection molded plastic market will help companies and investors design strategic landscapes.
Polypropylene (pp) was the largest segment with a revenue share of 31.4% in 2022. Horizon Databook has segmented the Saudi Arabia medical injection molded plastic market based on polypropylene (pp), acrylonitrile butadiene styrene (abs), polyethylene (pe), polystyrene (ps), polycarbonate (pc) covering the revenue growth of each sub-segment from 2019 to 2030.
Healthcare remains a top priority for the government of Saudi Arabia. As per the ITA, Saudi Arabia accounts for 60% of the Gulf Cooperation Council (GCC) countries’ healthcare expenditure.
In Saudi Arabia, healthcare industry is expected to expand at a rapid rate over the coming years on account of innovation and technological advancements, which is expected to propel the product demand over the forecast period.
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Our clientele includes a mix of medical injection molded plastic 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 medical injection molded plastic market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia medical injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia medical injection molded plastic market size, by product, 2019-2030 (US$M)
Saudi Arabia Medical Injection Molded Plastic Market Outlook Share, 2022 & 2030 (US$M)
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