Saudi Arabia Plastics In Consumer Electronics Market Size & Outlook
Saudi Arabia plastics in consumer electronics market, 2017-2028 (US$M)
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Saudi Arabia plastics in consumer electronics market highlights
- The Saudi Arabia plastics in consumer electronics market generated a revenue of USD 28.3 million in 2021 and is expected to reach USD 33.6 million by 2028.
- The Saudi Arabia market is expected to grow at a CAGR of 2.5% from 2022 to 2028.
- In terms of segment, polycarbonate (pc) was the largest revenue generating product in 2021.
- Thermoplastic Elastomers is the most lucrative product segment registering the fastest growth during the forecast period.
Plastics in consumer electronics market data book summary
| Market revenue in 2021 | USD 28.3 million |
| Market revenue in 2028 | USD 33.6 million |
| Growth rate | 2.5% (CAGR from 2021 to 2028) |
| Largest segment | Polycarbonate (pc) |
| Fastest growing segment | Thermoplastic Elastomers |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polycarbonate (PC), Liquid Crystal Polymers (LCP), PC/ABS Glass Filled Resins, Bio-based Polycarbonate Resin, Thermoplastic Elastomers, Polyamides |
| Key market players worldwide | Trinseo PLC, Covestro AG, Celanese Corp Class A, SABIC, Lotte Chemical, LG Chem, Mitsubishi Chemical Group Corp, Samsung SDI Co Ltd GDR - 144A, Koninklijke DSM NV |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.5% of the global plastics in consumer electronics market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Middle East & Africa, Saudi Arabia plastics in consumer electronics market is projected to lead the regional market in terms of revenue in 2028.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 33.6 million by 2028.
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Plastics In Consumer Electronics Market Scope
Plastics In Consumer Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia plastics in consumer electronics 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 plastics in consumer electronics market will help companies and investors design strategic landscapes.
Polycarbonate (pc) was the largest segment with a revenue share of 34.28% in 2021. Horizon Databook has segmented the Saudi Arabia plastics in consumer electronics market based on polycarbonate (pc), liquid crystal polymers (lcp), pc/abs glass filled resins, bio-based polycarbonate resin, thermoplastic elastomers, polyamides covering the revenue growth of each sub-segment from 2017 to 2028.
The demand for appliances has increased in recent years owing to the growing population and household purchasing power. In addition, the presence of manufacturers such as Arçelik Global and Vestel is likely to boost the demand for plastic compounds in appliances industry in the coming years.
Increasing demand from the growing household appliances industry is expected to fuel the demand for plastic compounds over the forecast period in the region.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia plastics in consumer electronics market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia plastics in consumer electronics market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Saudi Arabia plastics in consumer electronics market size, by product, 2017-2028 (US$M)
Saudi Arabia Plastics In Consumer Electronics Market Outlook Share, 2021 & 2028 (US$M)
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