Saudi Arabia Masterbatch Market Report (2018-2024)
Posted by arshiyashaikh on March 2nd, 2019
Market Reports On Saudi Arabia Provides the Trending Market Research Report on “Saudi Arabia Masterbatch Market” under Business Services category. The Saudi Arabia Masterbatch Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
According to “Saudi Arabia Masterbatch Market By Type, By Application, By End Use, Competition, Forecast & Opportunities, 2014 – 2024” masterbatch market stood at around $ 181 million in 2018 and is projected to reach about $ 264 million by 2024. Booming packaging industry pushing demand for different types of flexible packaging films, growing production of passenger cars and commercial vehicles, rising demand for commercial spaces on account of rapid urbanization and development of smart cities are expected to fuel the masterbatch market in the country over the next five years. Saudi government is taking various initiatives to boost the real estate sector, such as Sakani home-building program, which entails the construction of about 19,359 residential units by 2019 and includes five agreements with four property developers for the establishment of various villas and townhouses in Riyadh, Jeddah, Buraidah and Al Khobar.
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Such initiatives, in addition to rapid growth in household appliances market, are anticipated to increase the demand for masterbatch in the country during forecast period. Some of the major manufacturers and importers in Saudi Arabia masterbatch market are Clariant Masterbatches (Saudi Arabia), Astra Polymers Compounding Co Ltd., Cabot Performance Products FZE, Ingenia Polymers Corporation, Juffali PolyOne Masterbatch Co. Ltd., PolyAlwan Co., Energya Plastics Saudi Arabia, Natpet Schulman Specialty Plastic Compounds, Active Polymers and Ampacet Corporation. “Saudi Arabia Masterbatch Market By Type, By Application, By End Use, Competition, Forecast & Opportunities, 2014 – 2024” discusses the following aspects of Masterbatch Market market in Saudi Arabia:
Why You Should Buy This Report?
The information contained in this report is based upon both primary and secondary research. Primary research included interaction with Masterbatch Market distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
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About the Authorarshiyashaikh
Joined: February 5th, 2019
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