Market Overview:
This report presents an extensive evaluation of the Saudi Arabia Polyvinyl Chloride (PVC) Market, focusing on historical data from 2018 to 2021 while offering detailed forecasts for the period between 2023 to 2028. The analysis encompasses various aspects, including market Size, Share, Growth, Analysis, Trends and competitive insights.
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Table of Contents (Saudi Arabia Polyvinyl Chloride (PVC) Market)
- Executive Summary
- Market Definition & Research Methodology
- Market Dynamics: Drivers, Challenge, Trend and Opportunities
- Segment Analysis and Geographical Breakdown
- Competitive Landscape & Strategic Initiatives
- Regulatory Environment & Policy Factors
- Growth Forecast Model (2023–2028)
- Appendix: Company Profiles, Data Sources, Methodology
What’s covered in the report?
Saudi Arabia Polyvinyl Chloride (PVC) Market Trend:
Growing Demand for Bio-based Polyvinyl Chloride (PVC) Products – The government of Saudi Arabia has been taking the initiative for the usage of sustainable & eco-friendly products in the country. Research & development efforts have focused on developing bio-based alternatives to conventional PVC. These bio-based PVC formulations incorporate renewable resources, such as plant-based feedstock or agricultural waste, reducing the reliance on fossil fuels. Bio-based PVC offers similar properties & functionality while reducing the carbon footprint associated with PVC production. Hence, the implementation of various stringent carbon emission norms like the Circular Carbon Economy National Program & the reduction of carbon emission by 278mtpa by 2030 target by the government would lead to the penetration of bio-based polyvinyl chloride, consequently becoming a trend in the Saudi Arabia Polyvinyl Chloride (PVC) Market during 2023-28.
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Leading players of Saudi Arabia Polyvinyl Chloride (PVC) Market including:
- Saudi Basic Industries Corporation
- Arabian Plastic Compounds Co. Ltd.
- Interplast Co. Ltd.
- ALRajhi Industrial Group
- Arabian Gulf Manufacturers Ltd.
- Saudi Plastic Products Company Ltd. (SAPPCO)
- Al Watania For Industries
- New Product Industries Co. Ltd.
- Saudi Industries for Pipes Co.
- Almona Plastic Product Company Ltd. Co.
- Others
Saudi Arabia Polyvinyl Chloride (PVC) Market Segmentation:
- By Product Type
- Rigid
- Flexible
- Low-smoke PVC
- Chlorinated PVC
Rigid PVC held a significant share in the Saudi Arabia Polyvinyl Chloride market due to its application to manufacture pipes & fittings, wires & cables, films & sheets, bottles, etc.
- By Application
- Pipes & Fittings
- Film & Sheets
- Wire & Cables
- Bottles
- Others (Profiles, Hoses, etc.)
Out of them, the pipes & fittings are estimated to grow at a moderate rate during the forecast year due to the growing requirement in the construction, oil & gas, water & wastewater, and other industries.
- By End Users
- Construction
- Automotive
- Packaging
- Electrical & Electronics
- Consumer Goods
- Others (Healthcare, Signage & Advertising, etc.)
- By Region
- East
- West
- South
- Central
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Key Highlights of MarkNtel Advisors' Research Methodology
- MarkNtel Advisors uses a robust methodology for accurate market analysis.
- Research objectives are clearly defined with tailored methodologies for clients.
- A representative sample is selected to ensure reliable data collection.
- Data analysis includes cleaning, statistical evaluations, and validation checks.
- Predictive modeling forecasts trends, and reports include strategic recommendations.
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