Product Code: ETC106379 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The United Arab Emirates (UAE) oleum market has witnessed steady growth, driven by the country`s expanding industrial and chemical sectors, the demand for sulfuric acid production, and the growth of the oil and gas industry. Oleum, also known as fuming sulfuric acid, is a highly concentrated form of sulfuric acid that finds extensive applications in various industrial processes, such as chemical manufacturing, petrochemical refining, and metal processing. The market`s expansion can be attributed to the UAE economic diversification efforts, which have led to increased investments in industrial infrastructure and chemical manufacturing facilities. Moreover, the country`s position as a major player in the oil and gas industry drives the demand for oleum used in refining processes and chemical synthesis.
Several factors act as drivers for the UAE oleum market. Firstly, the UAE growing chemical industry, including the production of fertilizers, dyes, and synthetic fibers, has led to an increased demand for sulfuric acid and oleum. Oleum is a crucial intermediate in various chemical synthesis processes, making it vital for the country`s chemical manufacturing sector. Secondly, the UAE oil and gas industry`s expansion has driven the need for oleum in sulfur removal and refining processes. As the country continues to invest in its energy infrastructure and refining capabilities, the demand for oleum is expected to grow further.
Despite its positive growth outlook, the UAE oleum market faces certain challenges. One of the main challenges is the strict regulations and safety considerations associated with the handling and transportation of oleum. Oleum is a highly corrosive and hazardous substance, requiring specialized storage and handling facilities to ensure safety. Meeting regulatory compliance and ensuring safe practices throughout the supply chain is essential for the industry`s sustainable growth. Additionally, fluctuations in the prices of raw materials, such as sulfur and sulfuric acid, can impact the manufacturing costs of oleum.
The Covid-19 pandemic had an impact on the UAE oleum market, influenced by shifts in industrial activities and global supply chain disruptions. With the pandemic leading to temporary closures of businesses and movement restrictions, some industrial operations experienced disruptions, affecting the demand for oleum. However, as economic activities gradually resumed, and the industrial sector recovered, the demand for oleum started to rebound. Moreover, the pharmaceutical and healthcare sectors` increased focus during the pandemic may have driven the demand for oleum used in certain medical applications.
Some of the key players in the market include BASF SE, DuPont de Nemours, Inc., INEOS Group Holdings S.A., Chemtrade Logistics Income Fund, and Grillo-Werke AG. These companies are leading manufacturers and suppliers of oleum, catering to various industries with their product offerings. Strategic partnerships with chemical manufacturers, petrochemical companies, and industrial clients are common strategies employed by key players to establish a strong market presence and meet the growing demand for oleum in the UAE.
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 United Arab Emirates (UAE) Oleum Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Oleum Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Oleum Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Oleum Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Oleum Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Oleum Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United Arab Emirates (UAE) Oleum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Oleum Market Trends |
6 United Arab Emirates (UAE) Oleum Market, By Types |
6.1 United Arab Emirates (UAE) Oleum Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Oleum Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Oleum Market Revenues & Volume, By 20% Oleum, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Oleum Market Revenues & Volume, By 25% Oleum, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Oleum Market Revenues & Volume, By 30% Oleum, 2021-2031F |
6.2 United Arab Emirates (UAE) Oleum Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Oleum Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Oleum Market Revenues & Volume, By Fertilizer Industry, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Oleum Market Revenues & Volume, By Others, 2021-2031F |
7 United Arab Emirates (UAE) Oleum Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Oleum Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Oleum Market Imports from Major Countries |
8 United Arab Emirates (UAE) Oleum Market Key Performance Indicators |
9 United Arab Emirates (UAE) Oleum Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Oleum Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Oleum Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United Arab Emirates (UAE) Oleum Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Oleum Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Oleum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |