Saudi Arabia Polyphenylene Oxide (ppo) Market Size & Outlook
Saudi Arabia polyphenylene oxide (ppo) market, 2018-2030 (US$M)
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Saudi Arabia polyphenylene oxide (ppo) market highlights
- The Saudi Arabia polyphenylene oxide (ppo) market generated a revenue of USD 27.7 million in 2022 and is expected to reach USD 37.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 4% 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.
Polyphenylene oxide (ppo) market data book summary
| Market revenue in 2022 | USD 27.7 million |
| Market revenue in 2030 | USD 37.7 million |
| Growth rate | 4% (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 | Basf SE, LyondellBasell Industries NV Class A, Sumitomo Chemical Co Ltd, Asahi Kasei Corp, Solvay SA, Mitsubishi Chemical Group Corp, Evonik Industries AG, Toray Industries Inc, Kingfa Science & Technology (I, SABIC, Polyplastics, Momentive, China National Bluestar Group |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.5% of the global polyphenylene oxide (ppo) 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 polyphenylene oxide (ppo) 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 22.6 million by 2030.
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Polyphenylene Oxide (PPO) Market Scope
Polyphenylene Oxide (PPO) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia polyphenylene oxide (ppo) 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 polyphenylene oxide (ppo) market will help companies and investors design strategic landscapes.
Electrical & electronics was the largest segment with a revenue share of 42.6% in 2022. Horizon Databook has segmented the Saudi Arabia polyphenylene oxide (ppo) market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is home to more than 25% of identified oil reserves as of 2016. The country is the fourth-largest regarding oil and gas reserve after Russia, Iran, and Qatar. Despite, the global economic downturn in 2008, the Saudi petrochemical production increased till 2016.
The country is focusing on downstream industries and plastics production & recycling. The country has introduced a series of initiatives to boost the growth of small and medium-sized industries (SMEs) involved in plastics processing.
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Our clientele includes a mix of polyphenylene oxide (ppo) market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 polyphenylene oxide (ppo) market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia polyphenylene oxide (ppo) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia polyphenylene oxide (ppo) market size, by end use, 2018-2030 (US$M)
Saudi Arabia Polyphenylene Oxide (PPO) Market Outlook Share, 2022 & 2030 (US$M)
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