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Home > News > ECHEMI Focus > ECHEMI International Trade Business School KSA Chemical Summary

ECHEMI International Trade Business School KSA Chemical Summary

ECHEMI 2022-06-30

Local social business considerations in Saudi Arabia.
government-led oil economy.
Locals are open to strong support for overseas investment.

 

KSA business

KSA economy

 

The industrial structure of Saudi Arabia is composed of oil and natural gas, mining, logistics and transportation, manufacturing, chemical industry, new energy, tourism and entertainment.


KSA industry

 

The chemical industry contributes 4% to Saudi Arabia's GDP, and its chemical production accounts for 10% of the global total, making it the fifth largest chemical producer in the world. One of the most cost-effective places in the world for ethylene production.

KSA chemical

 

The production capacity of Saudi Arabia's petrochemical industry still ranks first in basic petrochemicals, followed by intermediates and polymers.


 

petrochemical capacity

 

 

The coatings market size is expected to reach USD 13.4 billion in 2027 and is expected to grow at a CAGR of 7.3% between 2020 and 2027.


KSA painting

 

The Saudi Arabian construction chemicals market size is expected to reach USD 1,091.8 million in 2027 and is expected to grow at a CAGR of 6.9%.


KSA construction

 

Saudi Arabia's main import and export patterns and trading partners.


KSA import

KSA IM EX

KSA trade partner

 

Local payment methods, sales channels and purchasing habits.


KSA terms

 






Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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