| Product Code: ETC235059 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Saudi Arabia ortho xylene market, the import trend experienced a significant decline from 2023 to 2024, with a growth rate of -84.62%. The compound annual growth rate (CAGR) for imports from 2020 to 2024 stood at -76.95%. This sharp decrease can be attributed to shifting demand dynamics or changes in trade policies impacting market stability.
The ortho xylene market in Saudi Arabia holds importance in the petrochemical sector, particularly in the production of chemicals like phthalic anhydride, which is used in plastics and resins. Ortho xylene is a key raw material for various industrial applications, making it a critical component of the country`s petrochemical value chain. The market`s dynamics are influenced by factors such as petrochemical industry growth, feedstock availability, and global demand for downstream products, underscoring its role in the saudi arabia economy.
The Saudi Arabia ortho xylene market experiences impetus from the petrochemical industry`s expansion. Ortho xylene is a crucial raw material for the production of phthalic anhydride, which is further used in manufacturing plasticizers and polyester resins. With the country`s strategic position in the global petrochemical market, increased demand for these downstream products drives the ortho xylene market. Additionally, the growth of related industries like construction, automotive, and textiles contributes to the market`s upward trajectory.
The Saudi Arabia ortho xylene market encounters challenges in its efforts to maintain a stable growth trajectory. The market`s dependence on petrochemical feedstocks makes it vulnerable to price volatility in the energy sector. Diversifying the applications of ortho xylene beyond its primary use in phthalic anhydride production requires innovative strategies. The global shift towards greener alternatives also poses a threat to traditional petrochemical markets, necessitating adaptation and transformation.
The COVID-19 pandemic had notable effects on the Saudi Arabia ortho xylene market. Ortho xylene, a key raw material in the petrochemical industry, experienced fluctuations in demand as industrial production slowed down during lockdowns. Supply chain disruptions and volatile feedstock prices added complexity to market dynamics. As industries resumed operations and global petrochemical demand stabilized, the ortho xylene market began to recover. However, ongoing uncertainties in global markets and the need for strategic supply chain management remained crucial considerations for the market`s growth.
In the Saudi Arabia Ortho Xylene market, prominent companies include Saudi Basic Industries Corporation (SABIC) and Saudi International Petrochemical Company (Sipchem). These companies are key players in the production and distribution of ortho xylene, a chemical used in various industrial processes.
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 Ortho Xylene Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Ortho Xylene Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Ortho Xylene Market - Industry Life Cycle |
3.4 Saudi Arabia Ortho Xylene Market - Porter's Five Forces |
3.5 Saudi Arabia Ortho Xylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Ortho Xylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for ortho xylene in the production of phthalic anhydride, a key ingredient in the manufacturing of plasticizers, which are extensively used in construction and automotive industries. |
4.2.2 Increasing investments in the petrochemical sector in Saudi Arabia, leading to the expansion of ortho xylene production capacity. |
4.2.3 Rising demand for ortho xylene derivatives such as phthalic anhydride in the paints and coatings industry due to infrastructure development projects in the region. |
4.3 Market Restraints |
4.3.1 Fluctuating crude oil prices impacting the cost of production and pricing of ortho xylene. |
4.3.2 Stringent environmental regulations related to emissions and waste disposal affecting the production processes of ortho xylene. |
4.3.3 Competition from other regions in the global ortho xylene market, influencing pricing strategies and market share. |
5 Saudi Arabia Ortho Xylene Market Trends |
6 Saudi Arabia Ortho Xylene Market, By Types |
6.1 Saudi Arabia Ortho Xylene Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Ortho Xylene Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Saudi Arabia Ortho Xylene Market Revenues & Volume, By Phthalic Anhydride, 2021-2031F |
6.1.4 Saudi Arabia Ortho Xylene Market Revenues & Volume, By Bactericides, 2021-2031F |
6.1.5 Saudi Arabia Ortho Xylene Market Revenues & Volume, By Soybean Herbicides, 2021-2031F |
6.1.6 Saudi Arabia Ortho Xylene Market Revenues & Volume, By Lube Oil Additives, 2021-2031F |
6.1.7 Saudi Arabia Ortho Xylene Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Saudi Arabia Ortho Xylene Market Import-Export Trade Statistics |
7.1 Saudi Arabia Ortho Xylene Market Export to Major Countries |
7.2 Saudi Arabia Ortho Xylene Market Imports from Major Countries |
8 Saudi Arabia Ortho Xylene Market Key Performance Indicators |
8.1 Capacity utilization rate of ortho xylene plants in Saudi Arabia. |
8.2 Average selling price of ortho xylene derivatives in the domestic market. |
8.3 Percentage of ortho xylene production meeting international quality standards. |
8.4 Research and development expenditure on innovation and product development in the ortho xylene market. |
8.5 Number of new product launches or applications utilizing ortho xylene derivatives. |
9 Saudi Arabia Ortho Xylene Market - Opportunity Assessment |
9.1 Saudi Arabia Ortho Xylene Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Ortho Xylene Market - Competitive Landscape |
10.1 Saudi Arabia Ortho Xylene Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Ortho Xylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |