Saudi Arabia Engineering Plastics Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The Saudi Arabia Engineering Plastics Market is segmented by End User Industry (Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging) and by Resin Type (Fluoropolymer, Liquid Crystal Polymer (LCP), Polyamide (PA), Polybutylene Terephthalate (PBT), Polycarbonate (PC), Polyether Ether Ketone (PEEK), Polyethylene Terephthalate (PET), Polyimide (PI), Polymethyl Methacrylate (PMMA), Polyoxymethylene (POM), Styrene Copolymers (ABS and SAN)). Market Value in USD and Volume in tons are both presented. Key Data Points observed include volume of automobile production, new construction floor area, plastic packaging production volume, plastic resin production, imports and exports, and price of plastic resins.

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Saudi Arabia Engineering Plastics Market Size

Saudi Arabia Engineering Plastics Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 1.29 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 1.86 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End User Industry Packaging
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 7.64 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by End User Industry Building and Construction

Major Players
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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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Saudi Arabia Engineering Plastics Market Analysis

The Saudi Arabia Engineering Plastics Market size is estimated at 1.29 billion USD in 2024, and is expected to reach 1.86 billion USD by 2029, growing at a CAGR of 7.64% during the forecast period (2024-2029).

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1.29 Billion

Market Size in 2024 (USD)

1.86 Billion

Market Size in 2029 (USD)

7.99 %

CAGR (2017-2023)

7.64 %

CAGR (2024-2029)

Largest Market by End-user Industry

61.66 %

value share, Packaging, 2023

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Due to the wide range of applications, including bottles, jars, and containers, specifically in the food and beverage industry, the packaging segment occupied the major share.

Fastest Growing Market by End-user Industry

8.88 %

Projected CAGR, Building and Construction, 2024-2029

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The construction segment is expected to witness the fastest growth due to the superior properties of engineering plastics, such as lightweight, good impact resistance, higher flexibility, and fire resistivity.

Largest Market by Resin Type

57.94 %

value share, Polyethylene Terephthalate (PET), 2023

With widespread applications in the packaging industry and the rising demand for PET sheets and films, PET resin occupies the largest market share.

Fastest Growing Market by Resin Type

8.92 %

Projected CAGR, Liquid Crystal Polymer (LCP), 2024-2029

Owing to the rising demand for high-performance, smaller, and thinner electrical components, LCP resin is projected to witness the fastest growth during the forecast period.

Leading Market Player

78.58 %

market share, SABIC, 2022

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In 2022, the company held the largest market share, with a huge production capacity of around 1 million tons per year of polymer resin in Saudi Arabia. The company offers polycarbonate and ABS resins for various industrial applications.

Packaging industry to remain dominant during the forecast period

  • Saudi Arabia’s engineering plastics market ranked second in the Middle East, accounting for around 29.57% in value in 2022. One of the primary drivers of the increase in resin consumption is the rising usage in the packaging, electrical, and electronics industries.
  • The packaging industry is the country's largest consumer in the resins market, with a value growth rate of 25.64% in 2022 compared to the previous year. Packaging material consumption has increased due to increased demand for ready-to-eat convenience foods and the emerging trend of on-the-go lifestyles, which has boosted the consumption of resin. The growing trend of online shopping through e-commerce websites is also expected to drive the packaging industry forward in the future. The country’s food and beverage industry is the largest in the Middle East region, with a value of around USD 45 billion registered in 2021. The plastic packaging production in the country is projected to reach around 3.01 million tons in 2029 from 2.01 million tons in 2022. The country's rising plastic packaging production will likely drive demand for resins in the future.
  • The resins for the electrical and electronics industry in the country accounted for around 5.70% of the total market share by value in 2022. The rise in demand for advanced technologies, such as digitalization, robotics, VR/AR, IoT (Internet of Things), and 5G connectivity, is expected to grow in the future. As a result of technological advancements, demand for electronics is expected to rise during the forecast period. The electronics market in the country is projected to reach a market volume of around USD 6.73 billion by 2027 from USD 3.99 billion in 2023. These factors are projected to drive the demand for engineering plastics in the country in the future.
Saudi Arabia Engineering Plastics Market

Saudi Arabia Engineering Plastics Market Trends

Growing investments from manufacturers to foster industry growth

  • Saudi Arabia's electrical and electronics industry stood at USD 12.68 billion, witnessing a 2.03% growth compared to the previous year. Aside from the oil and gas industry, Saudi Arabia has a sizable consumer base and a broad range of industrial pursuits, contributing to the rapid annual increase in production in the electrical and electronics industry. Thus, Saudi Arabia’s electrical and electronic production registered a CAGR of 18% from 2017 to 2019.
  • In 2020, electrical and electronic production in the country decreased by 3.2% in revenue than the previous year, owing to the widespread lockdown adopted by the government and the supply chain disruption due to COVID-19. The impact of the pandemic was low because Saudi Arabia witnessed a higher rate of e-commerce growth, nearly 60%, between 2019 and 2020, mainly due to the pandemic. In 2021, the market registered a growth of 15% in revenue due to the rising demand for electrical and electronic goods, as newly constructed buildings required air conditioning, new security systems, CCTV, and other electronics.
  • The electrical and electronics production is expected to witness a CAGR of 8.51% in value during the forecast period (2023-2029). The primary drivers of growth are likely to be government investments and the establishment of manufacturing plants by companies such as Samsung and LG. Samsung has also been promoting its 5G wireless technology in the country. Saudi Arabia implemented a 5G network as per the Vision 2030 initiative. All such factors are expected to boost electrical and electronics production over the forecast period in the region.
Saudi Arabia Engineering Plastics Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Increasing military spending to drive the demand for aircrafts and components
  • Government infrastructure projects to support industry growth
  • Polycarbonate and polyamide are largely traded in Saudi Arabia
  • Saudi's investment of over USD 6.4 billion in the recycling of waste by 2035 to boost polyamide recycling
  • Saudi had a recycling rate of 5-10% in 2021 as the price of R-PET greater than virgin PET
  • Focus on non-oil economy to support automobile industry in the country
  • Demand for packaged goods to drive plastic packaging production
  • Volatile crude oil prices to highly influence engineering plastics prices
  • Mechanical recycling of polycarbonate plastics to be challenging because of the poor quality of the recovered material
  • R-ABS to be manufactured using mechanical recycling and blended with virgin ABS to create partially recycled plastic

Saudi Arabia Engineering Plastics Industry Overview

The Saudi Arabia Engineering Plastics Market is fairly consolidated, with the top five companies occupying 100%. The major players in this market are PCC, Rabigh Refining and Petrochemical Company (Petro Rabigh), SABIC, Saudi Methacrylates Company (SAMAC) and Sipchem Company (sorted alphabetically).

Saudi Arabia Engineering Plastics Market Leaders

  1. PCC

  2. Rabigh Refining and Petrochemical Company (Petro Rabigh)

  3. SABIC

  4. Saudi Methacrylates Company (SAMAC)

  5. Sipchem Company

Saudi Arabia Engineering Plastics Market Concentration

Other important companies include Alfa S.A.B. de C.V., Celanese Corporation, Indorama Ventures Public Company Limited, JBF Industries Ltd, The Chemours Company.

*Disclaimer: Major Players sorted in alphabetical order.

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Saudi Arabia Engineering Plastics Market News

  • November 2022: Celanese Corporation completed the acquisition of the Mobility & Materials (“M&M”) business of DuPont. This acquisition enhanced the company's product portfolio of engineered thermoplastics through the addition of well-recognized brands and intellectual properties of DuPont.
  • June 2022: Alpek acquired OCTAL, which increased Alpek's PET resin capacity by 576,000 tons, helping it meet customers' increased demand.
  • March 2022: Celanese Corporation announced the completion of the restructuring of Korea Engineering Plastics Co. (KEP), a joint venture owned 50% by Celanese and 50% by Mitsubishi Gas Chemical Company Inc. With the completion, Celanese had access to approximately 70KTA of POM production in Asia and corresponding global marketing rights.

Free with this Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 15+ free charts, the section covers rare data on various end-user production trends including passenger vehicle production, commercial vehicle production, motorcycle production, aerospace components production, electrical and electronics production, and regional data for engineering plastics demand etc.

Saudi Arabia Engineering Plastics Market
Saudi Arabia Engineering Plastics Market
Saudi Arabia Engineering Plastics Market
Saudi Arabia Engineering Plastics Market

Saudi Arabia Engineering Plastics Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. End User Trends

      1. 2.1.1. Aerospace

      2. 2.1.2. Automotive

      3. 2.1.3. Building and Construction

      4. 2.1.4. Electrical and Electronics

      5. 2.1.5. Packaging

    2. 2.2. Import And Export Trends

    3. 2.3. Price Trends

    4. 2.4. Recycling Overview

      1. 2.4.1. Polyamide (PA) Recycling Trends

      2. 2.4.2. Polycarbonate (PC) Recycling Trends

      3. 2.4.3. Polyethylene Terephthalate (PET) Recycling Trends

      4. 2.4.4. Styrene Copolymers (ABS and SAN) Recycling Trends

    5. 2.5. Regulatory Framework

      1. 2.5.1. Saudi Arabia

    6. 2.6. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 3.1. End User Industry

      1. 3.1.1. Aerospace

      2. 3.1.2. Automotive

      3. 3.1.3. Building and Construction

      4. 3.1.4. Electrical and Electronics

      5. 3.1.5. Industrial and Machinery

      6. 3.1.6. Packaging

      7. 3.1.7. Other End-user Industries

    2. 3.2. Resin Type

      1. 3.2.1. Fluoropolymer

        1. 3.2.1.1. By Sub Resin Type

          1. 3.2.1.1.1. Ethylenetetrafluoroethylene (ETFE)

          2. 3.2.1.1.2. Fluorinated Ethylene-propylene (FEP)

          3. 3.2.1.1.3. Polytetrafluoroethylene (PTFE)

          4. 3.2.1.1.4. Polyvinylfluoride (PVF)

          5. 3.2.1.1.5. Polyvinylidene Fluoride (PVDF)

          6. 3.2.1.1.6. Other Sub Resin Types

      2. 3.2.2. Liquid Crystal Polymer (LCP)

      3. 3.2.3. Polyamide (PA)

        1. 3.2.3.1. By Sub Resin Type

          1. 3.2.3.1.1. Aramid

          2. 3.2.3.1.2. Polyamide (PA) 6

          3. 3.2.3.1.3. Polyamide (PA) 66

          4. 3.2.3.1.4. Polyphthalamide

      4. 3.2.4. Polybutylene Terephthalate (PBT)

      5. 3.2.5. Polycarbonate (PC)

      6. 3.2.6. Polyether Ether Ketone (PEEK)

      7. 3.2.7. Polyethylene Terephthalate (PET)

      8. 3.2.8. Polyimide (PI)

      9. 3.2.9. Polymethyl Methacrylate (PMMA)

      10. 3.2.10. Polyoxymethylene (POM)

      11. 3.2.11. Styrene Copolymers (ABS and SAN)

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).

      1. 4.4.1. Alfa S.A.B. de C.V.

      2. 4.4.2. Celanese Corporation

      3. 4.4.3. Indorama Ventures Public Company Limited

      4. 4.4.4. JBF Industries Ltd

      5. 4.4.5. PCC

      6. 4.4.6. Rabigh Refining and Petrochemical Company (Petro Rabigh)

      7. 4.4.7. SABIC

      8. 4.4.8. Saudi Methacrylates Company (SAMAC)

      9. 4.4.9. Sipchem Company

      10. 4.4.10. The Chemours Company

  7. 5. KEY STRATEGIC QUESTIONS FOR ENGINEERING PLASTICS CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework (Industry Attractiveness Analysis)

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. PRODUCTION REVENUE OF AEROSPACE COMPONENTS, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 2:  
  2. PRODUCTION VOLUME OF AUTOMOBILES, UNITS, SAUDI ARABIA, 2017 - 2029
  1. Figure 3:  
  2. FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, SAUDI ARABIA, 2017 - 2029
  1. Figure 4:  
  2. PRODUCTION REVENUE OF ELECTRICAL AND ELECTRONICS, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 5:  
  2. PRODUCTION VOLUME OF PLASTIC PACKAGING, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 6:  
  2. IMPORT REVENUE OF ENGINEERING PLASTICS BY RESIN TYPE, USD, SAUDI ARABIA, 2017 - 2021
  1. Figure 7:  
  2. EXPORT REVENUE OF ENGINEERING PLASTICS BY RESIN TYPE, USD, SAUDI ARABIA, 2017 - 2021
  1. Figure 8:  
  2. PRICE OF ENGINEERING PLASTICS BY RESIN TYPE, USD PER KG, SAUDI ARABIA, 2017 - 2021
  1. Figure 9:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 10:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 11:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 12:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 13:  
  2. VOLUME SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2017, 2023, AND 2029
  1. Figure 14:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2017, 2023, AND 2029
  1. Figure 15:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 16:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 17:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY BY RESIN TYPE, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 18:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 19:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 20:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY BY RESIN TYPE, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 21:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 22:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 23:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY RESIN TYPE, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 24:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 25:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 26:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY BY RESIN TYPE, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 27:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 28:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 29:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY BY RESIN TYPE, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 30:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 31:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 32:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY BY RESIN TYPE, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 33:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 34:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 35:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY RESIN TYPE, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 36:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 37:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 38:  
  2. VOLUME SHARE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, %, SAUDI ARABIA, 2017, 2023, AND 2029
  1. Figure 39:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, %, SAUDI ARABIA, 2017, 2023, AND 2029
  1. Figure 40:  
  2. VOLUME OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 41:  
  2. VALUE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 42:  
  2. VOLUME SHARE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, %, SAUDI ARABIA, 2017, 2023, AND 2029
  1. Figure 43:  
  2. VALUE SHARE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, %, SAUDI ARABIA, 2017, 2023, AND 2029
  1. Figure 44:  
  2. VOLUME OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 45:  
  2. VALUE OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 46:  
  2. VALUE SHARE OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 47:  
  2. VOLUME OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 48:  
  2. VALUE OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 49:  
  2. VALUE SHARE OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 50:  
  2. VOLUME OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 51:  
  2. VALUE OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 52:  
  2. VALUE SHARE OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 53:  
  2. VOLUME OF POLYVINYLFLUORIDE (PVF) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 54:  
  2. VALUE OF POLYVINYLFLUORIDE (PVF) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 55:  
  2. VALUE SHARE OF POLYVINYLFLUORIDE (PVF) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 56:  
  2. VOLUME OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 57:  
  2. VALUE OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 58:  
  2. VALUE SHARE OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 59:  
  2. VOLUME OF OTHER SUB RESIN TYPES CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 60:  
  2. VALUE OF OTHER SUB RESIN TYPES CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 61:  
  2. VALUE SHARE OF OTHER SUB RESIN TYPES CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 62:  
  2. VOLUME OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 63:  
  2. VALUE OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 64:  
  2. VALUE SHARE OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 65:  
  2. VOLUME OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 66:  
  2. VALUE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 67:  
  2. VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, SAUDI ARABIA, 2017, 2023, AND 2029
  1. Figure 68:  
  2. VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, SAUDI ARABIA, 2017, 2023, AND 2029
  1. Figure 69:  
  2. VOLUME OF ARAMID CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 70:  
  2. VALUE OF ARAMID CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 71:  
  2. VALUE SHARE OF ARAMID CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 72:  
  2. VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 73:  
  2. VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 74:  
  2. VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 75:  
  2. VOLUME OF POLYAMIDE (PA) 66 CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 76:  
  2. VALUE OF POLYAMIDE (PA) 66 CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 77:  
  2. VALUE SHARE OF POLYAMIDE (PA) 66 CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 78:  
  2. VOLUME OF POLYPHTHALAMIDE CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 79:  
  2. VALUE OF POLYPHTHALAMIDE CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 80:  
  2. VALUE SHARE OF POLYPHTHALAMIDE CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 81:  
  2. VOLUME OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 82:  
  2. VALUE OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 83:  
  2. VALUE SHARE OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 84:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 85:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 86:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 87:  
  2. VOLUME OF POLYETHER ETHER KETONE (PEEK) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 88:  
  2. VALUE OF POLYETHER ETHER KETONE (PEEK) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 89:  
  2. VALUE SHARE OF POLYETHER ETHER KETONE (PEEK) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 90:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 91:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 92:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 93:  
  2. VOLUME OF POLYIMIDE (PI) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 94:  
  2. VALUE OF POLYIMIDE (PI) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 95:  
  2. VALUE SHARE OF POLYIMIDE (PI) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 96:  
  2. VOLUME OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 97:  
  2. VALUE OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 98:  
  2. VALUE SHARE OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 99:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 100:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 101:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 102:  
  2. VOLUME OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 103:  
  2. VALUE OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 104:  
  2. VALUE SHARE OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 105:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, SAUDI ARABIA, 2019 - 2021
  1. Figure 106:  
  2. MOST ADOPTED STRATEGIES, COUNT, SAUDI ARABIA, 2019 - 2021
  1. Figure 107:  
  2. PRODUCTION CAPACITY SHARE OF ENGINEERING PLASTICS BY MAJOR PLAYERS, %, SAUDI ARABIA, 2022
  1. Figure 108:  
  2. PRODUCTION CAPACITY SHARE OF POLYAMIDE (PA) BY MAJOR PLAYERS, %, SAUDI ARABIA, 2022
  1. Figure 109:  
  2. PRODUCTION CAPACITY SHARE OF POLYBUTYLENE TEREPHTHALATE (PBT) BY MAJOR PLAYERS, %, SAUDI ARABIA, 2022
  1. Figure 110:  
  2. PRODUCTION CAPACITY SHARE OF POLYCARBONATE (PC) BY MAJOR PLAYERS, %, SAUDI ARABIA, 2022
  1. Figure 111:  
  2. PRODUCTION CAPACITY SHARE OF POLYETHYLENE TEREPHTHALATE (PET) BY MAJOR PLAYERS, %, SAUDI ARABIA, 2022
  1. Figure 112:  
  2. PRODUCTION CAPACITY SHARE OF POLYOXYMETHYLENE (POM) BY MAJOR PLAYERS, %, SAUDI ARABIA, 2022

Saudi Arabia Engineering Plastics Industry Segmentation

Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging are covered as segments by End User Industry. Fluoropolymer, Liquid Crystal Polymer (LCP), Polyamide (PA), Polybutylene Terephthalate (PBT), Polycarbonate (PC), Polyether Ether Ketone (PEEK), Polyethylene Terephthalate (PET), Polyimide (PI), Polymethyl Methacrylate (PMMA), Polyoxymethylene (POM), Styrene Copolymers (ABS and SAN) are covered as segments by Resin Type.

  • Saudi Arabia’s engineering plastics market ranked second in the Middle East, accounting for around 29.57% in value in 2022. One of the primary drivers of the increase in resin consumption is the rising usage in the packaging, electrical, and electronics industries.
  • The packaging industry is the country's largest consumer in the resins market, with a value growth rate of 25.64% in 2022 compared to the previous year. Packaging material consumption has increased due to increased demand for ready-to-eat convenience foods and the emerging trend of on-the-go lifestyles, which has boosted the consumption of resin. The growing trend of online shopping through e-commerce websites is also expected to drive the packaging industry forward in the future. The country’s food and beverage industry is the largest in the Middle East region, with a value of around USD 45 billion registered in 2021. The plastic packaging production in the country is projected to reach around 3.01 million tons in 2029 from 2.01 million tons in 2022. The country's rising plastic packaging production will likely drive demand for resins in the future.
  • The resins for the electrical and electronics industry in the country accounted for around 5.70% of the total market share by value in 2022. The rise in demand for advanced technologies, such as digitalization, robotics, VR/AR, IoT (Internet of Things), and 5G connectivity, is expected to grow in the future. As a result of technological advancements, demand for electronics is expected to rise during the forecast period. The electronics market in the country is projected to reach a market volume of around USD 6.73 billion by 2027 from USD 3.99 billion in 2023. These factors are projected to drive the demand for engineering plastics in the country in the future.
End User Industry
Aerospace
Automotive
Building and Construction
Electrical and Electronics
Industrial and Machinery
Packaging
Other End-user Industries
Resin Type
Fluoropolymer
By Sub Resin Type
Ethylenetetrafluoroethylene (ETFE)
Fluorinated Ethylene-propylene (FEP)
Polytetrafluoroethylene (PTFE)
Polyvinylfluoride (PVF)
Polyvinylidene Fluoride (PVDF)
Other Sub Resin Types
Liquid Crystal Polymer (LCP)
Polyamide (PA)
By Sub Resin Type
Aramid
Polyamide (PA) 6
Polyamide (PA) 66
Polyphthalamide
Polybutylene Terephthalate (PBT)
Polycarbonate (PC)
Polyether Ether Ketone (PEEK)
Polyethylene Terephthalate (PET)
Polyimide (PI)
Polymethyl Methacrylate (PMMA)
Polyoxymethylene (POM)
Styrene Copolymers (ABS and SAN)
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Market Definition

  • End-user Industry - Packaging, Electrical & Electronics, Automotive, Building & Construction, and Others are the end-user industries considered under the engineering plastics market.
  • Resin - Under the scope of the study, consumption of virgin resins like Fluoropolymer, Polycarbonate, Polyethylene Terephthalate, Polybutylene Terephthalate, Polyoxymethylene, Polymethyl Methacrylate, Styrene Copolymers, Liquid Crystal Polymer, Polyether Ether Ketone, Polyimide, and Polyamide in the primary forms are considered. Recycling has been provided separately under its individual chapter.
Keyword Definition
Acetal This is a rigid material that has a slippery surface. It can easily withstand wear and tear in abusive work environments. This polymer is used for building applications such as gears, bearings, valve components, etc.
Acrylic This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation.
Cast film A cast film is made by depositing a layer of plastic onto a surface then solidifying and removing the film from that surface. The plastic layer can be in molten form, in a solution, or in dispersion.
Colorants & Pigments Colorants & Pigments are additives used to change the color of the plastic. They can be a powder or a resin/color premix.
Composite material A composite material is a material that is produced from two or more constituent materials. These constituent materials have dissimilar chemical or physical properties and are merged to create a material with properties unlike the individual elements.
Degree of Polymerization (DP) The number of monomeric units in a macromolecule, polymer, or oligomer molecule is referred to as the degree of polymerization or DP. Plastics with useful physical properties often have DPs in the thousands.
Dispersion To create a suspension or solution of material in another substance, fine, agglomerated solid particles of one substance are dispersed in a liquid or another substance to form a dispersion.
Fiberglass Fiberglass-reinforced plastic is a material made up of glass fibers embedded in a resin matrix. These materials have high tensile and impact strength. Handrails and platforms are two examples of lightweight structural applications that use standard fiberglass.
Fiber-reinforced polymer (FRP) Fiber-reinforced polymer is a composite material made of a polymer matrix reinforced with fibers. The fibers are usually glass, carbon, aramid, or basalt.
Flake This is a dry, peeled-off piece, usually with an uneven surface, and is the base of cellulosic plastics.
Fluoropolymers This is a fluorocarbon-based polymer with multiple carbon-fluorine bonds. It is characterized by high resistance to solvents, acids, and bases. These materials are tough yet easy to machine. Some of the popular fluoropolymers are PTFE, ETFE, PVDF, PVF, etc.
Kevlar Kevlar is the commonly referred name for aramid fiber, which was initially a Dupont brand for aramid fiber. Any group of lightweight, heat-resistant, solid, synthetic, aromatic polyamide materials that are fashioned into fibers, filaments, or sheets is called aramid fiber. They are classified into Para-aramid and Meta-aramid.
Laminate A structure or surface composed of sequential layers of material bonded under pressure and heat to build up to the desired shape and width.
Nylon They are synthetic fiber-forming polyamides formed into yarns and monofilaments. These fibers possess excellent tensile strength, durability, and elasticity. They have high melting points and can resist chemicals and various liquids.
PET preform A preform is an intermediate product that is subsequently blown into a polyethylene terephthalate (PET) bottle or a container.
Plastic compounding Compounding consists of preparing plastic formulations by mixing and/or blending polymers and additives in a molten state to achieve the desired characteristics. These blends are automatically dosed with fixed setpoints usually through feeders/hoppers.
Plastic pellets Plastic pellets, also known as pre-production pellets or nurdles, are the building blocks for nearly every product made of plastic.
Polymerization It is a chemical reaction of several monomer molecules to form polymer chains that form stable covalent bonds.
Styrene Copolymers A copolymer is a polymer derived from more than one species of monomer, and a styrene copolymer is a chain of polymers consisting of styrene and acrylate.
Thermoplastics Thermoplastics are defined as polymers that become soft material when it is heated and becomes hard when it is cooled. Thermoplastics have wide-ranging properties and can be remolded and recycled without affecting their physical properties.
Virgin Plastic It is a basic form of plastic that has never been used, processed, or developed. It may be considered more valuable than recycled or already used materials.
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Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
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  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
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Saudi Arabia Engineering Plastics Market Research FAQs

The Saudi Arabia Engineering Plastics Market size is expected to reach USD 1.29 billion in 2024 and grow at a CAGR of 7.64% to reach USD 1.86 billion by 2029.

In 2024, the Saudi Arabia Engineering Plastics Market size is expected to reach USD 1.29 billion.

PCC, Rabigh Refining and Petrochemical Company (Petro Rabigh), SABIC, Saudi Methacrylates Company (SAMAC) and Sipchem Company are the major companies operating in the Saudi Arabia Engineering Plastics Market.

In the Saudi Arabia Engineering Plastics Market, the Packaging segment accounts for the largest share by end user industry.

In 2024, the Building and Construction segment accounts for the fastest growing by end user industry in the Saudi Arabia Engineering Plastics Market.

In 2023, the Saudi Arabia Engineering Plastics Market size was estimated at 1.29 billion. The report covers the Saudi Arabia Engineering Plastics Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Saudi Arabia Engineering Plastics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Saudi Arabia Engineering Plastics Industry Report

Statistics for the 2023 Saudi Arabia Engineering Plastics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Engineering Plastics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Saudi Arabia Engineering Plastics Market Report Snapshots

Saudi Arabia Engineering Plastics Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029