MarkNtel Advisors – Leading Market Research Company found Middle East Specialty Chemicals Market is expected to reach 4.8% CAGR Growth By 2030.
This report provides a comprehensive analysis of the Middle East Specialty Chemicals Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.
Comprehensive Analysis of the Middle East Specialty Chemicals Market
Base Year: 2023
Forecast Years: 2024-2030
Historical Years: 2019-2022
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- - https://www.marknteladvisors.com/query/request-sample/middle-east-specialty-chemicals-market.html
Scope of the Middle East Specialty Chemicals Market Report:
The Middle East Specialty Chemicals Market size was valued at around USD 78 billion in 2023 and is estimated to grow at a CAGR of around 4.8% during the forecast period, i.e., 2024-30. The market is growing rapidly due to increasing demand from various industries such as automotive, construction, aerospace, food and beverage, agriculture, electronics, pharmaceutical, textile, and personal care. The expansion of the market is supposed to be uplifted primarily by the various ongoing & upcoming wide-ranging manufacturing activities across different countries in the region, in line with their goal of introducing economic heterogeneity and focusing on improving the agriculture, pharmaceutical, and aerospace i.e., increasing the demand for specialty chemicals..
Which prominent factor is expected to drive the Middle East Specialty Chemicals Market during 2024-30?
Growing Demand from End-Use Industries Driving Market Growth – The expansion of different end-use industries, which include construction, electronics, medical, automotive, and packaging is raising the demand for specialty chemicals. Almost every industrial sector consumes specialty chemicals. So, the demand for specialty chemicals is increasing and will increase in the future as well due to increasing consumer-driven industries. The automotive industry is one of the biggest consumers of specialty chemicals. A few automobile parts, including coatings, tires, and adhesives use specialty chemicals in their manufacturing to enhance their durability and performance. As these sectors are continuously innovating and developing the demand for specialty chemicals will keep on increasing in the region.
What are the different Segment Available in the Middle East Specialty Chemicals Market?
By Type
- Pharmaceuticals
- Active Pharmaceutical Ingredients (APIs)
- Solvents
- Reagents
- Others
By Mining
- Frothers
- Flocculants
- Collectors
- Grinding Aids
- Others
By Water & Waste Water Treatment
- Coagulants & Flocculant
- Biocide
- Corrosion Inhibitor
- Scale Inhibitor
- Others
By Construction Chemicals
- Concrete Admixtures
- Water Proofing
- Adhesive and Sealant
- Protective Coating
By Oil Field Chemicals
- Drilling Fluids
- Cementing Chemicals
- Acidizing Chemicals
- Fracturing Chemicals
- Oil Production Chemicals
By Personal Care
- Inactive Ingredients
- Active Ingredients
By Food Additives
- Acidulants
- Flavour Enhancers
- Hydrocolloids
- Preservatives
- Others
- Others
By Country
- Saudi Arabia
- UAE
- Qatar
- Kuwait
- Oman
- Others.
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Leading Middle East Specialty Chemicals companies operating in the Market
- Saudi basic Industry Corporation
- Sadara Chemical Company
- Saudi Specialty Chemical Industries Co Ltd.
- Thebe Unico
- AECI Ltd.
- Clariant AG
- AkzoNobel N.V.
- Evonik Industries AG
- BASF SE
- DowDuPont Inc.
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