GCC Polyethylene Industry Analysis: Market Size, Share, Demand, Growth Drivers, Opportunity Assessment, Key Players, Regional Outlook & Forecast 2017-2030

Market Overview

The GCC countries have a vital spot in the world economy, which most of them from the largest top-ten countries that have substantiated reserved of oil and gas. Moreover, oil refinery as well as chemical and petrochemical industry contributes in approximately 10% of the GDP of GCC countries. Polyethylene and polypropylene are the major Polyethylene or polymers produced in GCC, 57.6% from the total production is polyethylene and 27.9% from the total production is polypropylene in 2016. Additionally, production of HDPE shifted from traditional centers such as North America and Western Europe to the Middle East and Asia. Amid 2008 and 2016, nearby 40% of incremental HDPE capacity was positioned in the GCC, followed by China which accounted for 30%. As a result, GCC’s global market share increased from 9% in 2008 to 16% in 2016. However, to sustain the global position GCC has to review their strategies, competitiveness and market networks thus the new export opportunities. The global target to achieve sustainable, affordable and reliable renewable energy has led to installation of other sources of energy in the region (solar energy) to cater the new opportunities. But this has posed threat to the GCC petrochemical industry and so to the synthetic polymers industry.

GCC Polyethylene Market Segmentation

By Product Type

• High-Density (HDPE)
• Low-Density (LDPE)
• Linear Low-Density (LLDPE)

By Applications

• Film & Sheet
• Injection Molding
• Blow Molding
• Fibers

By End-User

• Packaging Industry
• Automotive Industry
• Construction Industry
• Healthcare Industry
• Consumer Goods
• Others (Agriculture, Aerospace etc.)

By Geography

• Saudi Arabia Polyethylene Market {Market Share (%), Market Size (USD Billion), Production (Million Tons)}
• UAE  Polyethylene Market {Market Share (%), Market Size (USD Billion), Production (Million Tons)}
• Kuwait Polyethylene Market {Market Share (%), Market Size (USD Billion), Production (Million Tons)}
• Qatar  Polyethylene Market {Market Share (%), Market Size (USD Billion), Production (Million Tons)}
• Oman Polyethylene Market {Market Share (%), Market Size (USD Billion), Production (Million Tons)}
• Bahrain Polyethylene Market {Market Share (%), Market Size (USD Billion), Production (Million Tons)}

Market Share by Product Type & Geography

Based on product type, high density polyethylene accounted for the lion share of more than 48.0% of total polyethylene production in GCC. On the other hand, LLDP is expected to grow at a CAGR of +9% during the forecast period.

Based on geography, Saudi Arabia region harnessed largest revenue share of more than 65.8% in 2017 of the GCC Polyethylene market, while the UAE enjoyed the highest growth rate, expanding by 24% per annum during the past decade. Owing to this significant growth, the UAE’s share in the GCC polyethylene industry has increased by 12% over the past decade reaching 18% in 2016.

Covered In This GCC Polyethylene Market Report

The report covers the present ground scenario and the future growth prospects of the polyethylene market for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the region.

GCC Polyethylene Market Outlook 2017-2030, has been prepared based on an in-depth market analysis from farm market experts. The report covers the competitive landscape and current position of major players in the GCC polyethylene market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “GCC Polyethylene Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Key Market Player

Our GCC Polyethylene market report comprises of the following companies as the key players: Saudi Arabia Basic Industries Corporation, Braskem SA, BASF SE, The Dow Chemical Company, Bayer AG, LyondellBasell Industries, ExxonMobil Corporation, Ineos Group AG, Arkema S.A.  and DuPont etc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the farm market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key Questions Answered In This GCC Polyethylene Market Report

• What is the total market size by 2030 and what would be the expected growth rate of market?
• What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for GCC Polyethylene market
• Develop strategies based on the latest regulatory framework
• Position yourself to gain the maximum advantage of the GCC Polyethylene market’s growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy and prospects