Middle East Sulfonic Acid Market Outlook (2022-2028) | Industry, COVID-19 IMPACT, Forecast, Value, Trends, Growth, Size, Share, Analysis, Companies & Revenue

Market Forecast By Applications (Resins, Esters, Phenolic Foam), By End Users (Construction, Cosmetic and Personal Care, Paints and Coatings, Pharmaceutical, Chemical Manufacturing (Soap & Detergent), & Others), By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain) and competitive landscape

Product Code: ETC180922 Publication Date: Mar 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 116 No. of Figures: 54 No. of Tables: 15

Middle East Sulfonic Acid Market report thoroughly covers market by applications, end users and countries. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Middle East Sulfonic Acid Market Synopsis

Middle East sulfonic acid market witnessed a slight decline during the period 2018-2019 on account of economic downfall due to fall in oil prices. However, recovered in 2021 as a result of several large-scale infrastructure projects in the region. The upsurge in the construction activities in different horizons of commercial and residential spaces entailing the new projects related to hotels, resorts, entertainment centres, shopping malls and the huge influx of FDI in the retail and construction sectors were the key catalysers for the overall growth of sulfonic acid across the region.

Middle East Sulfonic Acid Market Outlook (2022-2028)

In year 2020, due to COVID-19 pandemic led measures, lockdowns and restriction on international trade resulted in a slight slowdown in the sulfonic acid market due to supply chain disruption and therefore, refraining the growth of sulfonic acid market during the year 2020.

According to 6Wresearch, Middle East Sulfonic Acid Market revenue size is projected to grow at a CAGR of 6.2% during 2022-2028.  The government initiatives for broaden your horizons of the oil-based economy led to rapid infrastructural growth including growth of construction sector along with residential sector and commercial sector would act as a critical driving force behind the growth of the market in the country during the forecast period. Moreover, escalating FDI and government spending, and growing tourism are some of the factors leading to the growth of the market in the forecast period. Additionally, the burgeoning surfactants sector is also expected to play a motivating role. The growing need for coating and painting of newly developed infrastructure and government facilities would further augment the demand for sulfonic acid in the forthcoming period. 

Market by Applications Analysis

In terms of Applications, Resins segment accounted for the maximum market revenue share in 2021 owing to government’s focus on the infrastructural projects that boosted the demand for architectural and decorative paints and coatings.   

Market by End Users Analysis

In terms of End Users, Construction segment accounted for the maximum market revenue share in 2021 owing to government aim to diversify the economic due to which large scale investment is provided to ongoing infrastructure development projects in Middle East region.

Middle East Sulfonic Acid Market Outlook (2022-2028)

Market by Countries Analysis 

In terms of Countries, Saudi Arabia acquired highest share in the Middle East sulfonic acid market in 2021 in terms of revenue as the kingdom’s plans to develop sea-ports, railway lines, manufacturing facilities and airports, with an aim to increase investment in non-oil sectors.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2018 to 2021.
  • Base Year: 2021
  • Forecast Data until 2028.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Middle East Sulfonic Acid Market Overview
  • Middle East Sulfonic Acid Market Outlook
  • Middle East Sulfonic Acid Market Forecast
  • Middle East Sulfonic Acid Market Growth
  • Historical Data and Forecast of Middle East Sulfonic Acid Market Revenues for the Period 2018-2028F
  • Historical Data and Forecast of Middle East Sulfonic Acid Market Revenues, By Applications for the Period 2018-2028F
  • Historical Data and Forecast of Middle East Sulfonic Acid Market Revenues, By End Users for the Period 2018-2028F
  • Historical Data and Forecast of Middle East Sulfonic Acid Market Revenues, By Countries for the Period 2018-2028F
  • Market Drivers and Restraints
  • Middle East Sulfonic Acid Market Trends
  • Industry Life Cycle
  • Middle East Sulfonic Acid Market – Porter’s Five Forces
  • Market Opportunity Assessment
  • Middle East Sulfonic Acid Market Shares, By Company
  • Market Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

  • By Applications
    • Resins
    • Esters
    • Phenolic Foam
  • By End Users
    • Construction
    • Cosmetic and Personal Care
    • Paints and Coatings
    • Pharmaceutical
    • Chemical Manufacturing (Soap & Detergent)
    • Others
  • By Countries
    • Saudi Arabia
    • UAE
    • Qatar
    • Kuwait
    • Oman
    • Bahrain
Middle East Sulfonic Acid Market: FAQs
The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.
The Middle East sulfonic acid market revenue is anticipated to record a CAGR of 6.2% during 2022-28.
By Applications, resins segment accounted for maximum revenue share in 2021 on account of rise in government initiatives in construction sector along with paints and coatings industry.
By End Users, construction segment would record key growth throughout the forecast period 2022-28.
The key players of the market include- Arkema S.A, Ansol Gulf G.D Portbury Ltd., Union Chemicals Factory LLC, Vigor ME FZE, PTAL International FZE, NASCO Chemsol International FZE, BASF FZE, Basic Chemicals Co. (FZE), National Company for Sulphur Products (NCSP), Arabian Sulfonates Co. Ltd.
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1. Executive Summary

2. Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3. Middle East Sulfonic Acid Market Overview

3.1 Middle East Sulfonic Acid Market Revenues (2018-2028F)

3.2 Middle East Sulfonic Acid Market Industry Life Cycle

3.3 Middle East Sulfonic Acid Market Porter’s Five Forces Model

3.4 Middle East Sulfonic Acid Market Revenue Share, By Countries (2021 & 2028F)

4. Impact Analysis of Covid-19 on Middle East Sulfonic Acid Market

5. Middle East Sulfonic Acid Market Dynamics

5.1 Impact Analysis

5.2 Market Drivers

5.3 Market Restraints

6. Middle East Sulfonic Acid Market Trends

7. Saudi Arabia Sulfonic Acid Market Overview

7.1 Saudi Arabia Sulfonic Acid Market Revenues (2018-2028F)

7.2 Saudi Arabia Sulfonic Acid Market Revenue Share & Revenues, By Applications (2021 & 2028F)

7.2.1 Saudi Arabia Sulfonic Acid Market Revenues, By Resins (2018-2028F)

7.2.2 Saudi Arabia Sulfonic Acid Market Revenues, By Esters (2018-2028F)

7.2.3 Saudi Arabia Sulfonic Acid Market Revenues, By Phenolic Foam (2018-2028F)

7.3 Saudi Arabia Sulfonic Acid Market Revenue Share & Revenues, By End Users (2021 & 2028F)

7.3.1 Saudi Arabia Sulfonic Acid Market Revenues, By Construction (2018-2028F)

7.3.2 Saudi Arabia Sulfonic Acid Market Revenues, By Cosmetic and Personal Care (2018-2028F)

7.3.3 Saudi Arabia Sulfonic Acid Market Revenues, By Paints and Coatings (2018-2028F)

7.3.4 Saudi Arabia Sulfonic Acid Market Revenues, By Pharmaceutical (2018-2028F)

7.3.5 Saudi Arabia Sulfonic Acid Market Revenues, By Chemical Manufacturing (Soap & Detergent) (2018-2028F)

7.3.6 Saudi Arabia Sulfonic Acid Market Revenues, By Others (2018-2028F)

7.4 Saudi Arabia Sulfonic Acid Market - Key Performance Indicators

7.5 Saudi Arabia Sulfonic Acid Market - Opportunity Assessment

7.5.1 Saudi Arabia Sulfonic Acid Market Opportunity Assessment, By Applications (2028F)

7.5.2 Saudi Arabia Sulfonic Acid Market Opportunity Assessment, By End Users (2028F)

8. UAE Sulfonic Acid Market Overview

8.1 UAE Sulfonic Acid Market Revenues (2018-2028F)

8.2 UAE Sulfonic Acid Market Revenue Share & Revenues, By Applications (2021 & 2028F)

8.2.1 UAE Sulfonic Acid Market Revenues, By Resins (2018-2028F)

8.2.2 UAE Sulfonic Acid Market Revenues, By Esters (2018-2028F)

8.2.3 UAE Sulfonic Acid Market Revenues, By Phenolic Foam (2018-2028F)

8.3 UAE Sulfonic Acid Market Revenue Share & Revenues, By End Users (2021 & 2028F)

8.3.1 UAE Sulfonic Acid Market Revenues, By Construction (2018-2028F)

8.3.2 UAE Sulfonic Acid Market Revenues, By Cosmetic and Personal Care (2018-2028F)

8.3.3 UAE Sulfonic Acid Market Revenues, By Paints and Coatings (2018-2028F)

8.3.4 UAE Sulfonic Acid Market Revenues, By Pharmaceutical (2018-2028F)

8.3.5 UAE Sulfonic Acid Market Revenues, By Chemical Manufacturing (Soap & Detergent) (2018-2028F)

8.3.6 UAE Sulfonic Acid Market Revenues, By Others (2018-2028F)

8.4 UAE Sulfonic Acid Market - Key Performance Indicators

8.5 UAE Sulfonic Acid Market - Opportunity Assessment

8.5.1 UAE Sulfonic Acid Market Opportunity Assessment, By Applications (2028F)

8.5.2 UAE Sulfonic Acid Market Opportunity Assessment, By End Users (2028F)

9. Qatar Sulfonic Acid Market Overview

9.1 Qatar Sulfonic Acid Market Revenues (2018-2028F)

9.2 Qatar Sulfonic Acid Market Revenue Share & Revenues, By Applications (2021 & 2028F)

9.2.1 Qatar Sulfonic Acid Market Revenues, By Resins (2018-2028F)

9.2.2 Qatar Sulfonic Acid Market Revenues, By Esters (2018-2028F)

9.2.3 Qatar Sulfonic Acid Market Revenues, By Phenolic Foam (2018-2028F)

9.3 Qatar Sulfonic Acid Market Revenue Share & Revenues, By End Users (2021 & 2028F)

9.3.1 Qatar Sulfonic Acid Market Revenues, By Construction (2018-2028F)

9.3.2 Qatar Sulfonic Acid Market Revenues, By Cosmetic and Personal Care (2018-2028F)

9.3.3 Qatar Sulfonic Acid Market Revenues, By Paints and Coatings (2018-2028F)

9.3.4 Qatar Sulfonic Acid Market Revenues, By Pharmaceutical (2018-2028F)

9.3.5 Qatar Sulfonic Acid Market Revenues, By Chemical Manufacturing (Soap & Detergent) (2018-2028F)

9.3.6 Qatar Sulfonic Acid Market Revenues, By Others (2018-2028F)

9.4 Qatar Sulfonic Acid Market - Key Performance Indicators

9.5 Qatar Sulfonic Acid Market - Opportunity Assessment

9.5.1 Qatar Sulfonic Acid Market Opportunity Assessment, By Applications (2028F)

9.5.2 Qatar Sulfonic Acid Market Opportunity Assessment, By End Users (2028F)

10. Kuwait Sulfonic Acid Market Overview

10.1 Kuwait Sulfonic Acid Market Revenues (2018-2028F)

10.2 Kuwait Sulfonic Acid Market Revenue Share & Revenues, By Applications (2021 & 2028F)

10.2.1 Kuwait Sulfonic Acid Market Revenues, By Resins (2018-2028F)

10.2.2 Kuwait Sulfonic Acid Market Revenues, By Esters (2018-2028F)

10.2.3 Kuwait Sulfonic Acid Market Revenues, By Phenolic Foam (2018-2028F)

10.3 Kuwait Sulfonic Acid Market Revenue Share & Revenues, By End Users (2021 & 2028F)

10.3.1 Kuwait Sulfonic Acid Market Revenues, By Construction (2018-2028F)

10.3.2 Kuwait Sulfonic Acid Market Revenues, By Cosmetic and Personal Care (2018-2028F)

10.3.3 Kuwait Sulfonic Acid Market Revenues, By Paints and Coatings (2018-2028F)

10.3.4 Kuwait Sulfonic Acid Market Revenues, By Pharmaceutical (2018-2028F)

10.3.5 Kuwait Sulfonic Acid Market Revenues, By Chemical Manufacturing (Soap & Detergent) (2018-2028F)

10.3.6 Kuwait Sulfonic Acid Market Revenues, By Others (2018-2028F)

10.4 Kuwait Sulfonic Acid Market - Key Performance Indicators

10.5 Kuwait Sulfonic Acid Market - Opportunity Assessment

10.5.1 Kuwait Sulfonic Acid Market Opportunity Assessment, By Applications (2028F)

10.5.2 Kuwait Sulfonic Acid Market Opportunity Assessment, By End Users (2028F)

11. Oman Sulfonic Acid Market Overview

11.1 Oman Sulfonic Acid Market Revenues (2018-2028F)

11.2 Oman Sulfonic Acid Market Revenue Share & Revenues, By Applications (2021 & 2028F)

11.2.1 Oman Sulfonic Acid Market Revenues, By Resins (2018-2028F)

11.2.2 Oman Sulfonic Acid Market Revenues, By Esters (2018-2028F)

11.2.3 Oman Sulfonic Acid Market Revenues, By Phenolic Foam (2018-2028F)

11.3 Oman Sulfonic Acid Market Revenue Share & Revenues, By End Users (2021 & 2028F)

11.3.1 Oman Sulfonic Acid Market Revenues, By Construction (2018-2028F)

11.3.2 Oman Sulfonic Acid Market Revenues, By Cosmetic and Personal Care (2018-2028F)

11.3.3 Oman Sulfonic Acid Market Revenues, By Paints and Coatings (2018-2028F)

11.3.4 Oman Sulfonic Acid Market Revenues, By Pharmaceutical (2018-2028F)

11.3.5 Oman Sulfonic Acid Market Revenues, By Chemical Manufacturing (Soap & Detergent) (2018-2028F)

11.3.6 Oman Sulfonic Acid Market Revenues, By Others (2018-2028F)

11.4 Oman Sulfonic Acid Market - Key Performance Indicators

11.5 Oman Sulfonic Acid Market - Opportunity Assessment

11.5.1 Oman Sulfonic Acid Market Opportunity Assessment, By Applications (2028F)

11.5.2 Oman Sulfonic Acid Market Opportunity Assessment, By End Users (2028F)

12. Bahrain Sulfonic Acid Market Overview

12.1 Bahrain Sulfonic Acid Market Revenues (2018-2028F)

12.2 Bahrain Sulfonic Acid Market Revenue Share & Revenues, By Applications (2021 & 2028F)

12.2.1 Bahrain Sulfonic Acid Market Revenues, By Resins (2018-2028F)

12.2.2 Bahrain Sulfonic Acid Market Revenues, By Esters (2018-2028F)

12.2.3 Bahrain Sulfonic Acid Market Revenues, By Phenolic Foam (2018-2028F)

12.3 Bahrain Sulfonic Acid Market Revenue Share & Revenues, By End Users (2021 & 2028F)

12.3.1 Bahrain Sulfonic Acid Market Revenues, By Construction (2018-2028F)

12.3.2 Bahrain Sulfonic Acid Market Revenues, By Cosmetic and Personal Care (2018-2028F)

12.3.3 Bahrain Sulfonic Acid Market Revenues, By Paints and Coatings (2018-2028F)

12.3.4 Bahrain Sulfonic Acid Market Revenues, By Pharmaceutical (2018-2028F)

12.3.5 Bahrain Sulfonic Acid Market Revenues, By Chemical Manufacturing (Soap & Detergent) (2018-2028F)

12.3.6 Bahrain Sulfonic Acid Market Revenues, By Others (2018-2028F)

12.4 Bahrain Sulfonic Acid Market - Key Performance Indicators

12.5 Bahrain Sulfonic Acid Market - Opportunity Assessment

12.5.1 Bahrain Sulfonic Acid Market Opportunity Assessment, By Applications (2028F)

12.5.2 Bahrain Sulfonic Acid Market Opportunity Assessment, By End Users (2028F)

13. Rest of Middle East Sulfonic Acid Market Overview

13.2 Rest of Middle East Sulfonic Acid Market Revenues (2018-2028F)

14. Middle East Sulfonic Acid Market - Competitive Landscape

14.1 Middle East Sulfonic Acid Market Revenue Share Ranking, By Companies (2021)

14.2 Middle East Sulfonic Acid Market Competitive Benchmarking, By Technical Parameters

14.3 Middle East Sulfonic Acid Market Competitive Benchmarking, By Operating Parameters

15. Company Profiles (Top 10)

15.1 Arkema S.A

15.2 Ansol Gulf G.D. Portbury Ltd.

15.3 Union Chemicals Factory LLC

15.4 Vigor ME FZE

15.5 PTAL International FZE

15.6 Nasco Chemsol International FZE

15.7 BASF FZE

15.8 Basic Chemicals Co. (FZE)

15.9 National Company for Sulphur Products (NCSP)

15.10 Arabian Sulfonates Co. Ltd

16. Key Strategic Recommendations

17. Disclaimer

List of Figures

Figure 1. Middle East Sulfonic Acid Market Revenues, 2018-2028F ($ Million)

Figure 2. Middle East Sulfonic Acid Market Revenue Share, By Countries, 2021 & 2028F

Figure 3. Middle East Value of New Projects Awarded in Construction Sector, 2013-May, 2021 ($ Billion)

Figure 4. Middle East Number of Upcoming Hotel Projects, 2021-24F

Figure 5. Saudi Arabia Sulfonic Acid Market Revenues, 2018-2028F ($ Million)

Figure 6. Saudi Arabia Sulfonic Acid Market Revenue Share, By Applications, 2021 & 2028F

Figure 7. Saudi Arabia Sulfonic Acid Market Revenue Share, By End Users, 2021 & 2028F

Figure 8.  Saudi Arabia Residential Supply, H2 2021 (Thousand Units)

Figure 9. Saudi Arabia Sulfonic Acid Market Opportunity Assessment, By Applications, 2028F

Figure 10. Saudi Arabia Sulfonic Acid Market Opportunity Assessment, By End Users, 2028F

Figure 11. UAE Sulfonic Acid Market Revenues, 2018-2028F ($ Million)

Figure 12. UAE Sulfonic Acid Market Revenue Share, By Applications, 2021 & 2028F

Figure 13. UAE Sulfonic Acid Market Revenue Share, By End Users, 2021 & 2028F

Figure 14. Abu Dhabi Residential Supply, 2018-2022F (Thousand Units)

Figure 15. Dubai Residential Supply, 2018-2022F (Thousand Units)

Figure 16. Dubai hotels RevPAR, Apr,2020-Apr,2021 (USD)

Figure 17. Dubai hotel occupancy levels (%), Apr,2020-Apr,2021

Figure 18. Dubai hotels ADR, Apr,2020-Apr,2021 (USD)

Figure 19. UAE Sulfonic Acid Market Opportunity Assessment, By Applications, 2028F

Figure 20. UAE Sulfonic Acid Market Opportunity Assessment, By End Users, 2028F

Figure 21. Qatar Sulfonic Acid Market Revenues, 2018-2028F ($ Million)

Figure 22. Qatar Sulfonic Acid Market Revenue Share, By Applications, 2021 & 2028F

Figure 23. Qatar Sulfonic Acid Market Revenue Share, By End Users, 2021 & 2028F

Figure 24. Qatar Investment in Industrial Sector, 2017-2020 ($ Billion)

Figure 25. Qatar Total Number of factories, 2017-2020

Figure 26. Qatar Residential Supply, 2018-2022F (Thousand Units)

Figure 27. Qatar Office Supply, 2018-2022F (Million sq m GLA)

Figure 28. Qatar Hotel Supply, 2018-2022F (Thousand Keys)

Figure 29. Qatar Sulfonic Acid Market Opportunity Assessment, By Applications, 2028F

Figure 30. Qatar Sulfonic Acid Market Opportunity Assessment, By End Users, 2028F

Figure 31. Kuwait Sulfonic Acid Market Revenues, 2018-2028F ($ Million)

Figure 32. Kuwait Sulfonic Acid Market Revenue Share, By Applications, 2021 & 2028F

Figure 33. Kuwait Sulfonic Acid Market Revenue Share, By End Users, 2021 & 2028F

Figure 34. Kuwait Construction Industry Value (2020-2030F) ($ Billion)

Figure 35. Kuwait Proposed Construction Projects By Sector, 2020 (By Value)

Figure 36. Kuwait Sulfonic Acid Market Opportunity Assessment, By Applications, 2028F

Figure 37. Kuwait Sulfonic Acid Market Opportunity Assessment, By End Users, 2028F

Figure 38. Oman Sulfonic Acid Market Revenues, 2018-2028F ($ Million)

Figure 39. Oman Sulfonic Acid Market Revenue Share, By Applications, 2021 & 2028F

Figure 40. Oman Sulfonic Acid Market Revenue Share, By End Users, 2021 & 2028F

Figure 41. Oman Sulfonic Acid Market Opportunity Assessment, By Application, 2028F

Figure 42. Oman Sulfonic Acid Market Opportunity Assessment, By End Users, 2028F

Figure 43. Bahrain Sulfonic Acid Market Revenues, 2018-2028F ($ Million)

Figure 44. Bahrain Sulfonic Acid Market Revenue Share, By Applications, 2021 & 2028F

Figure 45. Bahrain Sulfonic Acid Market Revenue Share, By End Users, 2021 & 2028F

Figure 46. Bahrain Sulfonic Acid Market Opportunity Assessment, By Applications, 2028F

Figure 47. Bahrain Sulfonic Acid Market Opportunity Assessment, By End Users, 2028F

Figure 48. Saudi Arabia Sulfonic Acid Market Revenue Ranking, By Companies, 2021

Figure 49. UAE Sulfonic Acid Market Revenue Ranking, By Companies, 2021

Figure 50. Qatar Sulfonic Acid Market Revenue Ranking, By Companies, 2021

Figure 51. Kuwait Sulfonic Acid Market Revenue Ranking, By Companies, 2021

Figure 52. Oman Sulfonic Acid Market Revenue Ranking, By Companies, 2021

Figure 53. Bahrain Sulfonic Acid Market Revenue Ranking, By Companies, 2021

Figure 54. Middle East Sulfonic Acid Market Revenue Ranking, By Companies, 2021

List of Tables

Table 1. Middle East Upcoming Projects in Construction Sector as of 2021 ($ Million)

Table 2. Middle East Number of Upcoming Hotel Projects Under Different Phases of Construction, 2021-24F

Table 3. Saudi Arabia Sulfonic Acid Market Revenues, By Applications, 2018-2028F ($ Million)

Table 4. Saudi Arabia Sulfonic Acid Market Revenues, By End Users, 2018-2028F ($ Million)

Table 5. Saudi Arabia Upcoming Infrastructure Development Projects, 2021

Table 6. UAE Sulfonic Acid Market Revenues, By Applications, 2018-2028F ($ Million)

Table 7. UAE Sulfonic Acid Market Revenues, By End Users, 2018-2028F ($ Million)

Table 8. Qatar Sulfonic Acid Market Revenues, By Applications, 2018-2028F ($ Million)

Table 9. Qatar Sulfonic Acid Market Revenues, By End Users, 2018-2028F ($ Million)

Table 10. Kuwait Sulfonic Acid Market Revenues, By Applications, 2018-2028F ($ Million)

Table 11. Kuwait Sulfonic Acid Market Revenues, By End Users, 2018-2028F ($ Million)

Table 12. Oman Sulfonic Acid Market Revenues, By Applications, 2018-2028F ($ Million)

Table 13. Oman Sulfonic Acid Market Revenues, By End Users, 2018-2028F ($ Million)

Table 14. Bahrain Sulfonic Acid Market Revenues, By Applications, 2018-2028F ($ Million)

Table 15. Bahrain Sulfonic Acid Market Revenues, By End Users, 2018-2028F ($ Million)

 

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