Saudi Arabia plastisol market is projected to grow at a formidable rate during the forecast period. The market growth can be attributed to the rapidly expanding end-user industries such as construction, automobile, etc. and increasing purchasing power of population. Removal of ban on women for driving has led to an increased sales of cars in the country, resulting into greater adoption of plastisol by auto manufacturers and various industrial manufacturers. In addition, various national events such as SGI Dubai, etc. are boosting Saudi’s textile industry, which is expected to further accelerate the demand for plastisol in the coming years. Enhanced focus of the Saudi Government on expanding and improving infrastructure in the country to accommodate the growing expatriate population is positively influencing the growth of the Saudi Arabia plastisol market. Additionally, increasing populations and rising personal disposable income of the middle-class population are significantly contributing to the growth of the plastisols market. Factors such as increasing fire safety regulations in various industries, high-performance requirements in the apparel industry, etc. are creating a greater demand for technical textiles, which in turn, are boosting Saudi Arabia plastisol market.
Saudi Arabia plastisol market is segmented on the basis of processing technique, application, end-user industry, region, and company. Based on processing technique, the market is further divided into spread coating, screen printing, casting, dip coating, and spray coating. Based on application, the market is sub-divided into inks & coatings, moldings, textile printing, adhesives & sealants and others. Based on end-use industry, the market is further fragmented into textile & apparel, construction, automotive, metal finishing, defense & military, medical, agriculture, and others. Currently, the textile industry segment is expected to witness the highest growth during the forecast period, owing to increasing use of plasticizers in the textile industry and increasing need of technical textiles.
Saudi Arabia Plastisol market is controlled by these major players, namely–
Objective of the Study
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of leading Plastisol manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired about their key products, manufacturing plant location, prices of products and competitors. Through this technique, Market insights research was able to include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analyzed the processing techniques, applications, end-user industries, distribution network, and regional presence of all major Plastisol manufacturers across the country.
Market insights research calculated the market size for Saudi Arabia Plastisol using a bottom-up approach, where manufacturers’ value sales data for standard applications (Inks & Coatings, Moldings, Textile Printing, Adhesives & Sealants and Others) were recorded and forecast for the future years. Market insights research sourced these values from industry experts and company representatives and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, secondary sources directories, databases, company annual reports, white papers, investor presentations and financial reports were also used by the Market insights research.
Key Target Audience
- Plastisol Manufacturers and Suppliers
- Research organizations and consulting companies
- Trade Associations, organizations, forums and alliances related to Plastisol
- Government bodies such as regulating authorities and policy makers
- Industry associations
- Market research and consulting firm
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Plastisol manufacturers, distributors and dealers, customers and policy makers. which market segments should be targeted over the coming years (next two to five years) in order to strategize investments and capitalize on the growth of the market segment.
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F |
Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Processing Technique · Application · End User Industry |
Regional scope | Western Region, Central Region, Southern Region, Eastern Region, Northern Region |
Key companies profiled | Patcham Limited, PolyOne. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |