Saudi Arabia Solvents Market to 2032
Overview
The Saudi Arabia Solvents Market is expected to reach a 427.64 USD Million by 2032 and is projected to grow at a CAGR of 5.42% from 2025 to 2032.
Revenue, 2024 (USD Million)
311.24
Forecast, 2032 (USD Million)
427.64
CAGR, 2024 - 2032
5.42%
Report Coverage
Saudi Arabia
Saudi Arabia Solvents Market 2018-2032 USD Million
Saudi Arabia Solvents Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 311.24 USD Million
- Projected Market Size (2032): 427.64 USD Million
- CAGR (2025-2032): 5.42%
Key Findings of Saudi Arabia Solvents Market
- The Saudi Arabia Solvents Market was valued at 311.24 USD Million in 2024.
- The Saudi Arabia Solvents Market is likely to grow at a CAGR of 5.42% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Conventional in Source Segment accounted for the largest share of the market with a revenue of 233.75 USD Million
- The fastest growing segment Paints and Coatings in Application Segment grew Fastest with a CAGR of 5.99% during the forecast period from 2024 to 2032.
Saudi Arabia Solvents Market Scope
Saudi Arabia Solvents Market Segmentation & Scope
Category
- Halogenated Solvents
- Others
- Hydrocarbon Solvents
- Oxygenated Solvents
Source
- Bio-Based
- Conventional
Application
- Metal Cleaning
- Agricultural Chemicals
- Polymer Manufacturing
- Personal Care
- Printing Inks
- Adhesives
- Pharmaceuticals
- Others
- Paints and Coatings
Saudi Arabia Solvents Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 311.24 USD Million |
| Market Value in 2032 | 427.64 USD Million |
| CAGR (2025-2032) | 5.42% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Category,Source,Application |
Regional Insights:
-
Leading Market (2024-2032): Saudi Arabia, leading in terms of revenue 311.24 USD Million in 2024
- Key Country: Saudi Arabia, leading in terms of revenue with value of 311.24 USD Million in 2024.
Segments and Scope
-
Saudi Arabia Solvents Market to 2032, By Category
- Oxygenated Solvents is the largest segment in Saudi Arabia Solvents Market to 2032 with a revenue of 207.86 USD Million in the year 2024.
- Oxygenated Solvents is the Fastest growing segment in Saudi Arabia Solvents Market to 2032 with a Growth rate of 5.58 % in forecast period 2025-2032.
-
Saudi Arabia Solvents Market to 2032, By Source
- Conventional is the largest segment in Saudi Arabia Solvents Market to 2032 with a revenue of 233.75 USD Million in the year 2024.
- Bio-Based is the Fastest growing segment in Saudi Arabia Solvents Market to 2032 with a Growth rate of 5.35 % in forecast period 2025-2032.
-
Saudi Arabia Solvents Market to 2032, By Application
- Paints and Coatings is the largest segment in Saudi Arabia Solvents Market to 2032 with a revenue of 145.94 USD Million in the year 2024.
- Paints and Coatings is the Fastest growing segment in Saudi Arabia Solvents Market to 2032 with a Growth rate of 5.99 % in forecast period 2025-2032.
Saudi Arabia Solvents Market Company Share Analysis
| Company Name |
|
||
| BP p.l.c. | |||
| Celanese Corporation | |||
| ADM | |||
| Eastman Chemical Company or its subsidiaries | |||
| Shell | |||
Saudi Arabia Solvents Market Geographical Sales Distribution, 2018-2032 USD Million
Saudi Arabia Solvents Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Saudi Arabia Solvents Market is segmented based on Segmentation Category,Source,Application.
Saudi Arabia Solvents Market was valued at USD 311.24(Revenue in USD Million) in 2021.
Saudi Arabia Solvents Market is projected to grow at a CAGR of 5.42% during the forecast period of 2024 to 2032.
The Conventional segment is expected to dominate the Saudi Arabia Solvents Market, holding a largest market share of 233.75 USD Million in 2024
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Saudi Arabia Solvents Market Scope
Saudi Arabia Solvents Market Segmentation & Scope
Category
- Halogenated Solvents
- Others
- Hydrocarbon Solvents
- Oxygenated Solvents
Source
- Bio-Based
- Conventional
Application
- Metal Cleaning
- Agricultural Chemicals
- Polymer Manufacturing
- Personal Care
- Printing Inks
- Adhesives
- Pharmaceuticals
- Others
- Paints and Coatings
Frequently Asked Questions
The Saudi Arabia Solvents Market is segmented based on Segmentation Category,Source,Application.
Saudi Arabia Solvents Market was valued at USD 311.24(Revenue in USD Million) in 2021.
Saudi Arabia Solvents Market is projected to grow at a CAGR of 5.42% during the forecast period of 2024 to 2032.
The estimated market value of the Saudi Arabia Solvents Market for final year is USD 427.64 (USD Million).
Saudi Arabia Solvents Market Company Profiling
Frequently Asked Questions
The Saudi Arabia Solvents Market is segmented based on Segmentation Category,Source,Application.
Saudi Arabia Solvents Market was valued at USD 311.24(Revenue in USD Million) in 2021.
Saudi Arabia Solvents Market is projected to grow at a CAGR of 5.42% during the forecast period of 2024 to 2032.
The estimated market value of the Saudi Arabia Solvents Market for final year is USD 427.64 (USD Million).
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