Chemical Products Market in Saudi Arabia: Size, Share, Growth, Analysis and Demand Forecast

Marketreports01 Jan, 2020Business

Growth of Saudi Arabia’s Chemical Products Industry turnover accelerated in 2018, as growing production volumes were underpinned by manufacturing capacity additions over the past few years. According to National Statistics, in 2018 volume production of Saudi fertilisers rose by 12% and petrochemicals by 1% compared to the year before. Growth in chemical products output over the 2018-2023 period is to be further fuelled by vast investments from state-owned Saudi Basic Industries Corp (SABIC) and…