Saudi Arabia Polycarbonate Market Size & Outlook
Saudi Arabia polycarbonate market, 2018-2030 (US$M)
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Saudi Arabia polycarbonate market highlights
- The Saudi Arabia polycarbonate market generated a revenue of USD 203.4 million in 2022 and is expected to reach USD 260.8 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 3.2% from 2023 to 2030.
- In terms of segment, electrical & electronics was the largest revenue generating end use in 2022.
- AUTOMOTIVE is the most lucrative end use segment registering the fastest growth during the forecast period.
Polycarbonate market data book summary
| Market revenue in 2022 | USD 203.4 million |
| Market revenue in 2030 | USD 260.8 million |
| Growth rate | 3.2% (CAGR from 2022 to 2030) |
| Largest segment | Electrical & electronics |
| Fastest growing segment | AUTOMOTIVE |
| 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 | Covestro AG, Teijin Ltd, Mitsubishi Corp, Trinseo PLC, Idemitsu Kosan Co Ltd, Lotte Chemical, LG Chem, SABIC, Lone Star Chemical, CHIMEI, Entec Polymers, RTP Company |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.1% of the global polycarbonate 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 polycarbonate 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 142.2 million by 2030.
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Polycarbonate Market Scope
Polycarbonate Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia polycarbonate 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 polycarbonate market will help companies and investors design strategic landscapes.
Electrical & electronics was the largest segment with a revenue share of 26.25% in 2022. Horizon Databook has segmented the Saudi Arabia polycarbonate market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for polycarbonate in Saudi Arabia comes from the energy, education, defense, construction, healthcare industries. Recent government policies such as SASO-ISO-11963 and SASO EN 16153 are in favor of infrastructural development for education purposes as well as the construction of buildings & houses for residential purposes, which are driving the demand for polycarbonate in form of sheet.
Despite declining crude oil prices its negative impact on the Saudi Arabian economy, which is majorly oil-dependent, the country’s construction outlook remains significantly positive owing to an increase in population and the subsequent rise in housing & infrastructural activities.
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Our clientele includes a mix of polycarbonate market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia polycarbonate market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia polycarbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia polycarbonate market size, by end use, 2018-2030 (US$M)
Saudi Arabia Polycarbonate Market Outlook Share, 2022 & 2030 (US$M)
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