MarkNtel Advisors – Leading Market Research Company found Saudi Arabia Emulsion Polymers Market is expected to reach 6.5% CAGR Growth By 2030.
This report provides a comprehensive analysis of the Saudi Arabia Emulsion Polymers 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 Saudi Arabia Emulsion Polymers 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/saudi-arabia-emulsion-polymers-market.html
Scope of the Saudi Arabia Emulsion Polymers Market Report:
Saudi Arabia Emulsion Polymers Market size is valued at around USD 32.5 billion in 2024 and is estimated to reach around USD 60.1 billion by 2030. The market is projected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2024-30. The Saudi Arabia Emulsion Polymers Market is continuously growing pushed by several factors like rapid industrialization and urbanization. The vast investments in the infrastructure and residential buildings boost the need for emulsion polymers mainly in paints and coatings. Additionally, the increasing consumer preference for eco-friendly products supports market growth. Also, technological advancement plays a crucial role in the development of the industry.
Which prominent factor is expected to drive the Saudi Arabia Emulsion Polymers Market during 2024-30?
Expansion of the Construction Sector Driving Market Growth – The quick expansion of the construction sector is driving the Saudi Arabia Emulsion Polymers Market. A large investment in various infrastructure projects like residential developments and commercial properties leads to an increase in the demand for high-quality and long-lasting paints and coatings. Emulsion polymers are important for these applications as it has brilliant film-forming properties along with durability and resistance to UV radiation and moisture from the environment which can degrade the quality of paints. Hence the demand for these polymers grows as the construction activities increase in the region.
Additionally, government initiatives and economic diversification plans also propelled the construction sector, which further increased the demand for emulsion polymers. The use of advanced coatings and adhesives becomes crucial with the ongoing developments of new urban areas, commercial hubs, and large-scale infrastructure projects. Emulsion polymers play an important role in protecting the infrastructure’s life, quality, and performance standards. This boom in construction driven by government initiatives and economic diversification plans, will increase the demand for emulsion polymers. For instance,
- In 2023, The Kingdom with the mission of the Kingdom’s Vision 2030 has unveiled the mega future city project NEOM, which is being built on the shores of the Red Sea.
What are the different Segment Available in the Saudi Arabia Emulsion Polymers Market?
By Type
- Acrylics
- Styrene-butadiene latex
- Vinyl Acetate polymers
- Polyurethane dispersions
- Others (Styrene-acrylics, Nitriles, etc.)
By Application
- Paints & Coatings
- Adhesives & Sealants
- Paper & Paperboard
- Textiles & Non-woven fabrics
- Others (Personal care products, Print & Packaging, etc.)
By End User
- Building & Construction
- Automotive
- Textiles & Coatings
- Chemicals
- Others (Retail & E-Commerce, etc.)
By Region
- Central
- East
- West
- South.
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Leading Saudi Arabia Emulsion Polymers companies operating in the Market
- Dow Materials Science Saudi Arabia Limited
- BASF Saudi Arabia Co. Ltd.
- JIFTEX Polymers
- Obegi Chemicals Group Group
- Biolab Arabia LTD. Co.
- Celanese Corporation
- Wacker Chemie AG
- DIC Corporation
- Arkema Group
- SNF Group
- Others (Synthomer Middle East Company Limited, Asahi Kasei Chemicals, etc.).
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