| Product Code: ETC190311 | Publication Date: May 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
In the Saudi Arabia acid anhydrides market, the import trend showed a notable growth rate of 10.4% from 2023 to 2024. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 3.41%. This uptrend in imports can be attributed to increasing industrial demand and a stable market environment.
The acid anhydrides market in Saudi Arabia is a vital component of the chemical industry, serving as key raw materials for various applications, including resin production and pharmaceutical manufacturing.The demand for acid anhydrides is closely tied to the growth of these industries.As Saudi Arabia continues to invest in industrial and chemical sectors, the acid anhydrides market is poised for sustained growth in the coming years.
The Saudi Arabia acid anhydrides market is expected to witness growth due to the demand for chemical intermediates used in various industries, including plastics, pharmaceuticals, and textiles.Acid anhydrides are reactive compounds with diverse applications.The nation`s focus on industrial diversification, the demand for functional materials, and the incorporation of acid anhydrides in polymerization and synthesis processes will drive the demand for these compounds.Moreover, the availability of different types of acid anhydrides and the growth of advanced
The Saudi Arabia acid anhydrides market encounters challenges related to industrial applications, safety regulations, and competition from alternative chemical compounds.Market players must promote the safe handling and use of acid anhydrides in various industrial processes while adhering to safety regulations.Additionally, addressing concerns about potential health and environmental risks associated with acid anhydrides poses a challenge.Moreover, competition from alternative chemical compounds and imported acid anhydride products adds complexity to the market dynamics.The need for safety measures, regulatory compliance, and research into alternative compounds influences market growth.
The acid anhydrides market in Saudi Arabia experienced fluctuations during the COVID-19 pandemic, reflecting changes in demand from industries like chemical manufacturing and construction.Acid anhydrides are used in various applications, including resin production and pharmaceuticals.As industrial activities resumed post-pandemic, the market adapted to evolving needs.The pandemic highlighted the role of acid anhydrides in diverse industrial processes.
In the Saudi Arabia acid anhydrides market, companies like Saudi Kayan Petrochemical Company and SABIC produce acid anhydrides for industrial applications, including the production of resins, plastics, and pharmaceuticals.
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 Saudi Arabia Acid Anhydrides Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Acid Anhydrides Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Acid Anhydrides Market - Industry Life Cycle |
3.4 Saudi Arabia Acid Anhydrides Market - Porter's Five Forces |
3.5 Saudi Arabia Acid Anhydrides Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Saudi Arabia Acid Anhydrides Market Revenues & Volume Share, By composition, 2021 & 2031F |
3.7 Saudi Arabia Acid Anhydrides Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Saudi Arabia Acid Anhydrides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from end-use industries such as construction, automotive, and electronics. |
4.2.2 Increasing investments in infrastructure development projects in Saudi Arabia. |
4.2.3 Rising adoption of acid anhydrides in various applications due to their versatility and performance benefits. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Stringent regulations regarding environmental and worker safety. |
4.3.3 Competition from alternative chemicals or materials in certain applications. |
5 Saudi Arabia Acid Anhydrides Market Trends |
6 Saudi Arabia Acid Anhydrides Market, By Types |
6.1 Saudi Arabia Acid Anhydrides Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Acid Anhydrides Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Saudi Arabia Acid Anhydrides Market Revenues & Volume, By Pesticides, 2021-2031F |
6.1.4 Saudi Arabia Acid Anhydrides Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.5 Saudi Arabia Acid Anhydrides Market Revenues & Volume, By Dyes & Pigments, 2021-2031F |
6.1.6 Saudi Arabia Acid Anhydrides Market Revenues & Volume, By Additives, 2021-2031F |
6.1.7 Saudi Arabia Acid Anhydrides Market Revenues & Volume, By Flavors, 2021-2031F |
6.1.8 Saudi Arabia Acid Anhydrides Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Acid Anhydrides Market, By composition |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Acid Anhydrides Market Revenues & Volume, By Inorganic, 2021-2031F |
6.2.3 Saudi Arabia Acid Anhydrides Market Revenues & Volume, By Organic, 2021-2031F |
6.3 Saudi Arabia Acid Anhydrides Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Acid Anhydrides Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Saudi Arabia Acid Anhydrides Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Saudi Arabia Acid Anhydrides Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Saudi Arabia Acid Anhydrides Market Revenues & Volume, By Agrochemicals, 2021-2031F |
6.3.6 Saudi Arabia Acid Anhydrides Market Revenues & Volume, By Textiles, 2021-2031F |
6.3.7 Saudi Arabia Acid Anhydrides Market Revenues & Volume, By Food & Beverages, 2021-2031F |
7 Saudi Arabia Acid Anhydrides Market Import-Export Trade Statistics |
7.1 Saudi Arabia Acid Anhydrides Market Export to Major Countries |
7.2 Saudi Arabia Acid Anhydrides Market Imports from Major Countries |
8 Saudi Arabia Acid Anhydrides Market Key Performance Indicators |
8.1 Average selling price of acid anhydrides in the Saudi Arabian market. |
8.2 Number of new applications or industries adopting acid anhydrides. |
8.3 Research and development investment in new acid anhydrides formulations for specific applications. |
9 Saudi Arabia Acid Anhydrides Market - Opportunity Assessment |
9.1 Saudi Arabia Acid Anhydrides Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Saudi Arabia Acid Anhydrides Market Opportunity Assessment, By composition, 2021 & 2031F |
9.3 Saudi Arabia Acid Anhydrides Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Saudi Arabia Acid Anhydrides Market - Competitive Landscape |
10.1 Saudi Arabia Acid Anhydrides Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Acid Anhydrides Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |