| Product Code: ETC4489300 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In the Saudi Arabia oxygenated solvents market, the import trend experienced a significant decline from 2023 to 2024, with a growth rate of -95.15%. The compound annual growth rate (CAGR) from 2020 to 2024 stood at -71.85%. This drastic downturn can be attributed to shifting demand dynamics or changes in trade policies impacting market stability.
Oxygenated solvents are widely utilized in Saudi Arabia for their cleaning, degreasing, and paint formulation properties. This market encompasses a range of solvents that find applications in various industries, including paints and coatings.
The Saudi Arabia Oxygenated Solvents market is witnessing growth due to their versatile applications as solvents in various industries, including paints and coatings, chemicals, and pharmaceuticals. The growth is driven by the need for effective and eco-friendly solvents that align with Saudi Arabia focus on sustainable and efficient chemical solutions.
The oxygenated solvents market in Saudi Arabia faces challenges related to environmental regulations, raw material availability, and market competition. Overcoming these challenges requires complying with stringent environmental standards, ensuring a consistent supply of raw materials, and competing effectively in the market. Additionally, addressing sustainability concerns and maintaining product quality standards pose challenges for market expansion.
The pandemic emphasized the value of the market in Saudi Arabia as authorities sought to ensure the safety of travelers and cargo. With public health and safety concerns, aviation and maritime authorities looked to advanced security measures. The crisis underscored the importance of secure transportation facilities.
Major players in the Saudi Arabia oxygenated solvents market include Dow, BASF SE, and Shell Chemicals, supplying oxygenated solvents for paints, coatings, and chemical 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 Oxygenated Solvents Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Oxygenated Solvents Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Oxygenated Solvents Market - Industry Life Cycle |
3.4 Saudi Arabia Oxygenated Solvents Market - Porter's Five Forces |
3.5 Saudi Arabia Oxygenated Solvents Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Saudi Arabia Oxygenated Solvents Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Saudi Arabia Oxygenated Solvents Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Oxygenated Solvents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth of the petrochemical industry in Saudi Arabia, leading to increased demand for oxygenated solvents in various applications. |
4.2.2 Rising investments in infrastructure and construction projects driving the demand for paints and coatings, which heavily utilize oxygenated solvents. |
4.2.3 Stringent environmental regulations pushing industries to shift towards eco-friendly solvents like oxygenated solvents. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of oxygenated solvents. |
4.3.2 Competition from alternative solvents and technologies affecting the market penetration of oxygenated solvents. |
4.3.3 Economic uncertainties or geopolitical tensions in the region leading to fluctuations in demand for oxygenated solvents. |
5 Saudi Arabia Oxygenated Solvents Market Trends |
6 Saudi Arabia Oxygenated Solvents Market, By Types |
6.1 Saudi Arabia Oxygenated Solvents Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Oxygenated Solvents Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Saudi Arabia Oxygenated Solvents Market Revenues & Volume, By Conventional , 2021-2031F |
6.1.4 Saudi Arabia Oxygenated Solvents Market Revenues & Volume, By Bio & Green, 2021-2031F |
6.2 Saudi Arabia Oxygenated Solvents Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Oxygenated Solvents Market Revenues & Volume, By Alcohols, 2021-2031F |
6.2.3 Saudi Arabia Oxygenated Solvents Market Revenues & Volume, By Esters, 2021-2031F |
6.2.4 Saudi Arabia Oxygenated Solvents Market Revenues & Volume, By Glycols, 2021-2031F |
6.2.5 Saudi Arabia Oxygenated Solvents Market Revenues & Volume, By Glycol Ethers, 2021-2031F |
6.2.6 Saudi Arabia Oxygenated Solvents Market Revenues & Volume, By Ketones, 2021-2031F |
6.3 Saudi Arabia Oxygenated Solvents Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Oxygenated Solvents Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.3.3 Saudi Arabia Oxygenated Solvents Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Saudi Arabia Oxygenated Solvents Market Revenues & Volume, By Cleaners, 2021-2031F |
6.3.5 Saudi Arabia Oxygenated Solvents Market Revenues & Volume, By Crop Protection, 2021-2031F |
7 Saudi Arabia Oxygenated Solvents Market Import-Export Trade Statistics |
7.1 Saudi Arabia Oxygenated Solvents Market Export to Major Countries |
7.2 Saudi Arabia Oxygenated Solvents Market Imports from Major Countries |
8 Saudi Arabia Oxygenated Solvents Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly solvents in key industries. |
8.2 Growth in the number of infrastructure projects utilizing paints and coatings. |
8.3 Regulatory compliance rate with environmental standards in the usage of solvents. |
8.4 Innovation rate in the development of new applications for oxygenated solvents. |
9 Saudi Arabia Oxygenated Solvents Market - Opportunity Assessment |
9.1 Saudi Arabia Oxygenated Solvents Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Saudi Arabia Oxygenated Solvents Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Saudi Arabia Oxygenated Solvents Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Oxygenated Solvents Market - Competitive Landscape |
10.1 Saudi Arabia Oxygenated Solvents Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Oxygenated Solvents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |