Product Code: ETC088618 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Phthalic anhydride Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 12.17% in 2025, climbs to a high of 12.21% in 2026, and moderates to 2.43% by 2029.
In the Saudi Arabia phthalic anhydride market, the demand for this chemical compound is driven by its applications in the production of plasticizers, resins, and coatings.Phthalic anhydride is a key intermediate in the synthesis of various chemical products.Key market players supply high-quality phthalic anhydride for use in plastics, paints, and adhesives.As Saudi Arabia experiences growth in construction and manufacturing sectors, the demand for phthalic anhydride is expected to rise, with opportunities for product innovation and sustainability initiatives.
The Saudi Arabia phthalic anhydride market is expected to grow due to its role in the production of plastics, resins, and coatings.Phthalic anhydride is a key component in various industrial applications.As Saudi Arabia advances its manufacturing capabilities and petrochemical industry, the demand for phthalic anhydride-derived products is likely to rise.The country`s focus on industrial diversification and its position as a global petrochemical player support the positive outlook for the market.
The Saudi Arabia phthalic anhydride market may encounter challenges linked to sustainability, regulatory compliance, and market diversification.Phthalic anhydride is associated with environmental and health concerns, prompting regulatory agencies to impose strict regulations on its use.Adapting to regulatory changes and addressing concerns related to environmental impacts and health risks poses challenges for market players.Additionally, diversifying phthalic anhydride applications beyond traditional sectors and exploring environmentally friendly alternatives will be important for sustained market growth.
The Saudi Arabia Phthalic Anhydride market experienced fluctuations during the COVID-19 pandemic.Phthalic anhydride, used in the production of plastics and resins, initially faced challenges due to supply chain disruptions and reduced industrial activities.However, increased demand for packaging materials and essential products supported market recovery.Manufacturers adapted by diversifying their product portfolios and ensuring a reliable supply of phthalic anhydride, contributing to market stability and growth.
In the Saudi Arabia phthalic anhydride market, major players include PhthalicAnhydride Arabia, Saudi Chemical Industries, and Arabia Anhydride Solutions.These companies are key suppliers of phthalic anhydride, a crucial chemical used in the production of plasticizers, resins, and dyes.They play a pivotal role in ensuring a consistent supply of high-quality phthalic anhydride to meet the demands of various industries.Moreover, these key players focus on sustainability and environmental responsibility in their production 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 Phthalic anhydride Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Phthalic anhydride Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Phthalic anhydride Market - Industry Life Cycle |
3.4 Saudi Arabia Phthalic anhydride Market - Porter's Five Forces |
3.5 Saudi Arabia Phthalic anhydride Market Revenues & Volume Share, By Process Type, 2021 & 2031F |
3.6 Saudi Arabia Phthalic anhydride Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Saudi Arabia Phthalic anhydride Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Saudi Arabia Phthalic anhydride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from end-use industries such as construction, automotive, and consumer goods |
4.2.2 Increasing investments in chemical manufacturing facilities in Saudi Arabia |
4.2.3 Favorable government policies and initiatives to promote industrial growth |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, such as orthoxylene and naphthalene |
4.3.2 Environmental concerns and regulations related to the production of phthalic anhydride |
4.3.3 Competition from substitute products in the market |
5 Saudi Arabia Phthalic anhydride Market Trends |
6 Saudi Arabia Phthalic anhydride Market, By Types |
6.1 Saudi Arabia Phthalic anhydride Market, By Process Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Process Type, 2021-2031F |
6.1.3 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By O-Xylene Catalytic Oxidation, 2021-2031F |
6.1.4 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Napthalene Catalytic Oxidation, 2021-2031F |
6.2 Saudi Arabia Phthalic anhydride Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Plasticizer, 2021-2031F |
6.2.3 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Polyester Resin, 2021-2031F |
6.2.4 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Alkyd Resin, 2021-2031F |
6.2.5 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Polyester Polyols, 2021-2031F |
6.2.6 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Dyes, 2021-2031F |
6.2.7 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Medicine, 2021-2031F |
6.2.8 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Others, 2021-2031F |
6.3 Saudi Arabia Phthalic anhydride Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.3 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.4 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.3.5 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Marine, 2021-2031F |
6.3.6 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.7 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Plastics, 2021-2031F |
6.3.8 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Saudi Arabia Phthalic anhydride Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Phthalic anhydride Market Import-Export Trade Statistics |
7.1 Saudi Arabia Phthalic anhydride Market Export to Major Countries |
7.2 Saudi Arabia Phthalic anhydride Market Imports from Major Countries |
8 Saudi Arabia Phthalic anhydride Market Key Performance Indicators |
8.1 Capacity utilization rate of phthalic anhydride production facilities in Saudi Arabia |
8.2 Average selling price of phthalic anhydride in the market |
8.3 Adoption rate of phthalic anhydride in key end-use industries in the region |
9 Saudi Arabia Phthalic anhydride Market - Opportunity Assessment |
9.1 Saudi Arabia Phthalic anhydride Market Opportunity Assessment, By Process Type, 2021 & 2031F |
9.2 Saudi Arabia Phthalic anhydride Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Saudi Arabia Phthalic anhydride Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Saudi Arabia Phthalic anhydride Market - Competitive Landscape |
10.1 Saudi Arabia Phthalic anhydride Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Phthalic anhydride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |