Market Forecast By Applications (Resins, Esters, Phenolic Foam), By End Users (Construction, Cosmetic and Personal Care, Paints and Coatings, Pharmaceutical, Chemical Manufacturing (Soap & Detergent), & Others), By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain) and competitive landscape
Product Code: ETC180922 | Publication Date: Mar 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 116 | No. of Figures: 54 | No. of Tables: 15 |
Middle East Sulfonic Acid Market report thoroughly covers market by applications, end users and countries. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Middle East Sulfonic Acid Market Synopsis
Middle East sulfonic acid market witnessed a slight decline during the period 2018-2019 on account of economic downfall due to fall in oil prices. However, recovered in 2021 as a result of several large-scale infrastructure projects in the region. The upsurge in the construction activities in different horizons of commercial and residential spaces entailing the new projects related to hotels, resorts, entertainment centres, shopping malls and the huge influx of FDI in the retail and constructionย sectors were the key catalysers for the overall growth of sulfonic acid across the region.
In year 2020, due to COVID-19 pandemic led measures, lockdowns and restriction on international trade resulted in a slight slowdown in the sulfonic acid market due to supply chain disruption and therefore, refraining the growth of sulfonic acid market during the year 2020.
According to 6Wresearch, Middle East Sulfonic Acid Market revenue size is projected to grow at a CAGR of 6.2% during 2022-2028. ย The government initiatives for broaden your horizons of the oil-based economy led to rapid infrastructural growth including growth of construction sector along with residential sector and commercial sector would act as a critical driving force behind the growth of the market in the country during the forecast period. Moreover, escalating FDI and government spending, and growing tourism are some of the factors leading to the growth of the market in the forecast period. Additionally, the burgeoning surfactants sector is also expected to play a motivating role. The growing need for coating and painting of newly developed infrastructure and government facilities would further augment the demand for sulfonic acid in the forthcoming period.ย
Market by Applications Analysis
In terms of Applications, Resins segment accounted for the maximum market revenue share in 2021 owing to governmentโs focus on the infrastructural projects that boosted the demand for architectural and decorative paints and coatings. ย ย
Market by End Users Analysis
In terms ofย End Users, Construction segmentย accounted for the maximum market revenue share in 2021 owing to government aim to diversify the economic due to which large scale investment is provided to ongoing infrastructure development projects in Middle East region.
Market by Countries Analysisย
In terms of Countries, Saudi Arabia acquired highest share in the Middle East sulfonic acid market in 2021 in terms of revenue as the kingdomโs plans to develop sea-ports, railway lines, manufacturing facilities and airports, with an aim to increase investment in non-oil sectors.
Key Attractiveness of the Report
Key Highlights of the Report
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Middle East Sulfonic Acid Market Overview |
3.1 Middle East Sulfonic Acid Market Revenues (2018-2028F) |
3.2 Middle East Sulfonic Acid Market Industry Life Cycle |
3.3 Middle East Sulfonic Acid Market Porterโs Five Forces Model |
3.4 Middle East Sulfonic Acid Market Revenue Share, By Countries (2021 & 2028F) |
4. Impact Analysis of Covid-19 on Middle East Sulfonic Acid Market |
5. Middle East Sulfonic Acid Market Dynamics |
5.1 Impact Analysis |
5.2 Market Drivers |
5.3 Market Restraints |
6. Middle East Sulfonic Acid Market Trends |
7. Saudi Arabia Sulfonic Acid Market Overview |
7.1 Saudi Arabia Sulfonic Acid Market Revenues (2018-2028F) |
7.2 Saudi Arabia Sulfonic Acid Market Revenue Share & Revenues, By Applications (2021 & 2028F) |
7.2.1 Saudi Arabia Sulfonic Acid Market Revenues, By Resins (2018-2028F) |
7.2.2 Saudi Arabia Sulfonic Acid Market Revenues, By Esters (2018-2028F) |
7.2.3 Saudi Arabia Sulfonic Acid Market Revenues, By Phenolic Foam (2018-2028F) |
7.3 Saudi Arabia Sulfonic Acid Market Revenue Share & Revenues, By End Users (2021 & 2028F) |
7.3.1 Saudi Arabia Sulfonic Acid Market Revenues, By Construction (2018-2028F) |
7.3.2 Saudi Arabia Sulfonic Acid Market Revenues, By Cosmetic and Personal Care (2018-2028F) |
7.3.3 Saudi Arabia Sulfonic Acid Market Revenues, By Paints and Coatings (2018-2028F) |
7.3.4 Saudi Arabia Sulfonic Acid Market Revenues, By Pharmaceutical (2018-2028F) |
7.3.5 Saudi Arabia Sulfonic Acid Market Revenues, By Chemical Manufacturing (Soap & Detergent) (2018-2028F) |
7.3.6 Saudi Arabia Sulfonic Acid Market Revenues, By Others (2018-2028F) |
7.4 Saudi Arabia Sulfonic Acid Market - Key Performance Indicators |
7.5 Saudi Arabia Sulfonic Acid Market - Opportunity Assessment |
7.5.1 Saudi Arabia Sulfonic Acid Market Opportunity Assessment, By Applications (2028F) |
7.5.2 Saudi Arabia Sulfonic Acid Market Opportunity Assessment, By End Users (2028F) |
8. UAE Sulfonic Acid Market Overview |
8.1 UAE Sulfonic Acid Market Revenues (2018-2028F) |
8.2 UAE Sulfonic Acid Market Revenue Share & Revenues, By Applications (2021 & 2028F) |
8.2.1 UAE Sulfonic Acid Market Revenues, By Resins (2018-2028F) |
8.2.2 UAE Sulfonic Acid Market Revenues, By Esters (2018-2028F) |
8.2.3 UAE Sulfonic Acid Market Revenues, By Phenolic Foam (2018-2028F) |
8.3 UAE Sulfonic Acid Market Revenue Share & Revenues, By End Users (2021 & 2028F) |
8.3.1 UAE Sulfonic Acid Market Revenues, By Construction (2018-2028F) |
8.3.2 UAE Sulfonic Acid Market Revenues, By Cosmetic and Personal Care (2018-2028F) |
8.3.3 UAE Sulfonic Acid Market Revenues, By Paints and Coatings (2018-2028F) |
8.3.4 UAE Sulfonic Acid Market Revenues, By Pharmaceutical (2018-2028F) |
8.3.5 UAE Sulfonic Acid Market Revenues, By Chemical Manufacturing (Soap & Detergent) (2018-2028F) |
8.3.6 UAE Sulfonic Acid Market Revenues, By Others (2018-2028F) |
8.4 UAE Sulfonic Acid Market - Key Performance Indicators |
8.5 UAE Sulfonic Acid Market - Opportunity Assessment |
8.5.1 UAE Sulfonic Acid Market Opportunity Assessment, By Applications (2028F) |
8.5.2 UAE Sulfonic Acid Market Opportunity Assessment, By End Users (2028F) |
9. Qatar Sulfonic Acid Market Overview |
9.1 Qatar Sulfonic Acid Market Revenues (2018-2028F) |
9.2 Qatar Sulfonic Acid Market Revenue Share & Revenues, By Applications (2021 & 2028F) |
9.2.1 Qatar Sulfonic Acid Market Revenues, By Resins (2018-2028F) |
9.2.2 Qatar Sulfonic Acid Market Revenues, By Esters (2018-2028F) |
9.2.3 Qatar Sulfonic Acid Market Revenues, By Phenolic Foam (2018-2028F) |
9.3 Qatar Sulfonic Acid Market Revenue Share & Revenues, By End Users (2021 & 2028F) |
9.3.1 Qatar Sulfonic Acid Market Revenues, By Construction (2018-2028F) |
9.3.2 Qatar Sulfonic Acid Market Revenues, By Cosmetic and Personal Care (2018-2028F) |
9.3.3 Qatar Sulfonic Acid Market Revenues, By Paints and Coatings (2018-2028F) |
9.3.4 Qatar Sulfonic Acid Market Revenues, By Pharmaceutical (2018-2028F) |
9.3.5 Qatar Sulfonic Acid Market Revenues, By Chemical Manufacturing (Soap & Detergent) (2018-2028F) |
9.3.6 Qatar Sulfonic Acid Market Revenues, By Others (2018-2028F) |
9.4 Qatar Sulfonic Acid Market - Key Performance Indicators |
9.5 Qatar Sulfonic Acid Market - Opportunity Assessment |
9.5.1 Qatar Sulfonic Acid Market Opportunity Assessment, By Applications (2028F) |
9.5.2 Qatar Sulfonic Acid Market Opportunity Assessment, By End Users (2028F) |
10. Kuwait Sulfonic Acid Market Overview |
10.1 Kuwait Sulfonic Acid Market Revenues (2018-2028F) |
10.2 Kuwait Sulfonic Acid Market Revenue Share & Revenues, By Applications (2021 & 2028F) |
10.2.1 Kuwait Sulfonic Acid Market Revenues, By Resins (2018-2028F) |
10.2.2 Kuwait Sulfonic Acid Market Revenues, By Esters (2018-2028F) |
10.2.3 Kuwait Sulfonic Acid Market Revenues, By Phenolic Foam (2018-2028F) |
10.3 Kuwait Sulfonic Acid Market Revenue Share & Revenues, By End Users (2021 & 2028F) |
10.3.1 Kuwait Sulfonic Acid Market Revenues, By Construction (2018-2028F) |
10.3.2 Kuwait Sulfonic Acid Market Revenues, By Cosmetic and Personal Care (2018-2028F) |
10.3.3 Kuwait Sulfonic Acid Market Revenues, By Paints and Coatings (2018-2028F) |
10.3.4 Kuwait Sulfonic Acid Market Revenues, By Pharmaceutical (2018-2028F) |
10.3.5 Kuwait Sulfonic Acid Market Revenues, By Chemical Manufacturing (Soap & Detergent) (2018-2028F) |
10.3.6 Kuwait Sulfonic Acid Market Revenues, By Others (2018-2028F) |
10.4 Kuwait Sulfonic Acid Market - Key Performance Indicators |
10.5 Kuwait Sulfonic Acid Market - Opportunity Assessment |
10.5.1 Kuwait Sulfonic Acid Market Opportunity Assessment, By Applications (2028F) |
10.5.2 Kuwait Sulfonic Acid Market Opportunity Assessment, By End Users (2028F) |
11. Oman Sulfonic Acid Market Overview |
11.1 Oman Sulfonic Acid Market Revenues (2018-2028F) |
11.2 Oman Sulfonic Acid Market Revenue Share & Revenues, By Applications (2021 & 2028F) |
11.2.1 Oman Sulfonic Acid Market Revenues, By Resins (2018-2028F) |
11.2.2 Oman Sulfonic Acid Market Revenues, By Esters (2018-2028F) |
11.2.3 Oman Sulfonic Acid Market Revenues, By Phenolic Foam (2018-2028F) |
11.3 Oman Sulfonic Acid Market Revenue Share & Revenues, By End Users (2021 & 2028F) |
11.3.1 Oman Sulfonic Acid Market Revenues, By Construction (2018-2028F) |
11.3.2 Oman Sulfonic Acid Market Revenues, By Cosmetic and Personal Care (2018-2028F) |
11.3.3 Oman Sulfonic Acid Market Revenues, By Paints and Coatings (2018-2028F) |
11.3.4 Oman Sulfonic Acid Market Revenues, By Pharmaceutical (2018-2028F) |
11.3.5 Oman Sulfonic Acid Market Revenues, By Chemical Manufacturing (Soap & Detergent) (2018-2028F) |
11.3.6 Oman Sulfonic Acid Market Revenues, By Others (2018-2028F) |
11.4 Oman Sulfonic Acid Market - Key Performance Indicators |
11.5 Oman Sulfonic Acid Market - Opportunity Assessment |
11.5.1 Oman Sulfonic Acid Market Opportunity Assessment, By Applications (2028F) |
11.5.2 Oman Sulfonic Acid Market Opportunity Assessment, By End Users (2028F) |
12. Bahrain Sulfonic Acid Market Overview |
12.1 Bahrain Sulfonic Acid Market Revenues (2018-2028F) |
12.2 Bahrain Sulfonic Acid Market Revenue Share & Revenues, By Applications (2021 & 2028F) |
12.2.1 Bahrain Sulfonic Acid Market Revenues, By Resins (2018-2028F) |
12.2.2 Bahrain Sulfonic Acid Market Revenues, By Esters (2018-2028F) |
12.2.3 Bahrain Sulfonic Acid Market Revenues, By Phenolic Foam (2018-2028F) |
12.3 Bahrain Sulfonic Acid Market Revenue Share & Revenues, By End Users (2021 & 2028F) |
12.3.1 Bahrain Sulfonic Acid Market Revenues, By Construction (2018-2028F) |
12.3.2 Bahrain Sulfonic Acid Market Revenues, By Cosmetic and Personal Care (2018-2028F) |
12.3.3 Bahrain Sulfonic Acid Market Revenues, By Paints and Coatings (2018-2028F) |
12.3.4 Bahrain Sulfonic Acid Market Revenues, By Pharmaceutical (2018-2028F) |
12.3.5 Bahrain Sulfonic Acid Market Revenues, By Chemical Manufacturing (Soap & Detergent) (2018-2028F) |
12.3.6 Bahrain Sulfonic Acid Market Revenues, By Others (2018-2028F) |
12.4 Bahrain Sulfonic Acid Market - Key Performance Indicators |
12.5 Bahrain Sulfonic Acid Market - Opportunity Assessment |
12.5.1 Bahrain Sulfonic Acid Market Opportunity Assessment, By Applications (2028F) |
12.5.2 Bahrain Sulfonic Acid Market Opportunity Assessment, By End Users (2028F) |
13. Rest of Middle East Sulfonic Acid Market Overview |
13.2 Rest of Middle East Sulfonic Acid Market Revenues (2018-2028F) |
14. Middle East Sulfonic Acid Market - Competitive Landscape |
14.1 Middle East Sulfonic Acid Market Revenue Share Ranking, By Companies (2021) |
14.2 Middle East Sulfonic Acid Market Competitive Benchmarking, By Technical Parameters |
14.3 Middle East Sulfonic Acid Market Competitive Benchmarking, By Operating Parameters |
15. Company Profiles (Top 10) |
15.1 Arkema S.A |
15.2 Ansol Gulf G.D. Portbury Ltd. |
15.3 Union Chemicals Factory LLC |
15.4 Vigor ME FZE |
15.5 PTAL International FZE |
15.6 Nasco Chemsol International FZE |
15.7 BASF FZE |
15.8 Basic Chemicals Co. (FZE) |
15.9 National Company for Sulphur Products (NCSP) |
15.10 Arabian Sulfonates Co. Ltd |
16. Key Strategic Recommendations |
17. Disclaimer |
List of Figures |
Figure 1. Middle East Sulfonic Acid Market Revenues, 2018-2028F ($ Million) |
Figure 2. Middle East Sulfonic Acid Market Revenue Share, By Countries, 2021 & 2028F |
Figure 3. Middle East Value of New Projects Awarded in Construction Sector, 2013-May, 2021 ($ Billion) |
Figure 4. Middle East Number of Upcoming Hotel Projects, 2021-24F |
Figure 5. Saudi Arabia Sulfonic Acid Market Revenues, 2018-2028F ($ Million) |
Figure 6. Saudi Arabia Sulfonic Acid Market Revenue Share, By Applications, 2021 & 2028F |
Figure 7. Saudi Arabia Sulfonic Acid Market Revenue Share, By End Users, 2021 & 2028F |
Figure 8.ย Saudi Arabia Residential Supply, H2 2021 (Thousand Units) |
Figure 9. Saudi Arabia Sulfonic Acid Market Opportunity Assessment, By Applications, 2028F |
Figure 10. Saudi Arabia Sulfonic Acid Market Opportunity Assessment, By End Users, 2028F |
Figure 11. UAE Sulfonic Acid Market Revenues, 2018-2028F ($ Million) |
Figure 12. UAE Sulfonic Acid Market Revenue Share, By Applications, 2021 & 2028F |
Figure 13. UAE Sulfonic Acid Market Revenue Share, By End Users, 2021 & 2028F |
Figure 14. Abu Dhabi Residential Supply, 2018-2022F (Thousand Units) |
Figure 15. Dubai Residential Supply, 2018-2022F (Thousand Units) |
Figure 16. Dubai hotels RevPAR, Apr,2020-Apr,2021 (USD) |
Figure 17. Dubai hotel occupancy levels (%), Apr,2020-Apr,2021 |
Figure 18. Dubai hotels ADR, Apr,2020-Apr,2021 (USD) |
Figure 19. UAE Sulfonic Acid Market Opportunity Assessment, By Applications, 2028F |
Figure 20. UAE Sulfonic Acid Market Opportunity Assessment, By End Users, 2028F |
Figure 21. Qatar Sulfonic Acid Market Revenues, 2018-2028F ($ Million) |
Figure 22. Qatar Sulfonic Acid Market Revenue Share, By Applications, 2021 & 2028F |
Figure 23. Qatar Sulfonic Acid Market Revenue Share, By End Users, 2021 & 2028F |
Figure 24. Qatar Investment in Industrial Sector, 2017-2020 ($ Billion) |
Figure 25. Qatar Total Number of factories, 2017-2020 |
Figure 26. Qatar Residential Supply, 2018-2022F (Thousand Units) |
Figure 27. Qatar Office Supply, 2018-2022F (Million sq m GLA) |
Figure 28. Qatar Hotel Supply, 2018-2022F (Thousand Keys) |
Figure 29. Qatar Sulfonic Acid Market Opportunity Assessment, By Applications, 2028F |
Figure 30. Qatar Sulfonic Acid Market Opportunity Assessment, By End Users, 2028F |
Figure 31. Kuwait Sulfonic Acid Market Revenues, 2018-2028F ($ Million) |
Figure 32. Kuwait Sulfonic Acid Market Revenue Share, By Applications, 2021 & 2028F |
Figure 33. Kuwait Sulfonic Acid Market Revenue Share, By End Users, 2021 & 2028F |
Figure 34. Kuwait Construction Industry Value (2020-2030F) ($ Billion) |
Figure 35. Kuwait Proposed Construction Projects By Sector, 2020 (By Value) |
Figure 36. Kuwait Sulfonic Acid Market Opportunity Assessment, By Applications, 2028F |
Figure 37. Kuwait Sulfonic Acid Market Opportunity Assessment, By End Users, 2028F |
Figure 38. Oman Sulfonic Acid Market Revenues, 2018-2028F ($ Million) |
Figure 39. Oman Sulfonic Acid Market Revenue Share, By Applications, 2021 & 2028F |
Figure 40. Oman Sulfonic Acid Market Revenue Share, By End Users, 2021 & 2028F |
Figure 41. Oman Sulfonic Acid Market Opportunity Assessment, By Application, 2028F |
Figure 42. Oman Sulfonic Acid Market Opportunity Assessment, By End Users, 2028F |
Figure 43. Bahrain Sulfonic Acid Market Revenues, 2018-2028F ($ Million) |
Figure 44. Bahrain Sulfonic Acid Market Revenue Share, By Applications, 2021 & 2028F |
Figure 45. Bahrain Sulfonic Acid Market Revenue Share, By End Users, 2021 & 2028F |
Figure 46. Bahrain Sulfonic Acid Market Opportunity Assessment, By Applications, 2028F |
Figure 47. Bahrain Sulfonic Acid Market Opportunity Assessment, By End Users, 2028F |
Figure 48. Saudi Arabia Sulfonic Acid Market Revenue Ranking, By Companies, 2021 |
Figure 49. UAE Sulfonic Acid Market Revenue Ranking, By Companies, 2021 |
Figure 50. Qatar Sulfonic Acid Market Revenue Ranking, By Companies, 2021 |
Figure 51. Kuwait Sulfonic Acid Market Revenue Ranking, By Companies, 2021 |
Figure 52. Oman Sulfonic Acid Market Revenue Ranking, By Companies, 2021 |
Figure 53. Bahrain Sulfonic Acid Market Revenue Ranking, By Companies, 2021 |
Figure 54. Middle East Sulfonic Acid Market Revenue Ranking, By Companies, 2021 |
List of Tables |
Table 1. Middle East Upcoming Projects in Construction Sector as of 2021 ($ Million) |
Table 2. Middle East Number of Upcoming Hotel Projects Under Different Phases of Construction, 2021-24F |
Table 3. Saudi Arabia Sulfonic Acid Market Revenues, By Applications, 2018-2028F ($ Million) |
Table 4. Saudi Arabia Sulfonic Acid Market Revenues, By End Users, 2018-2028F ($ Million) |
Table 5. Saudi Arabia Upcoming Infrastructure Development Projects, 2021 |
Table 6. UAE Sulfonic Acid Market Revenues, By Applications, 2018-2028F ($ Million) |
Table 7. UAE Sulfonic Acid Market Revenues, By End Users, 2018-2028F ($ Million) |
Table 8. Qatar Sulfonic Acid Market Revenues, By Applications, 2018-2028F ($ Million) |
Table 9. Qatar Sulfonic Acid Market Revenues, By End Users, 2018-2028F ($ Million) |
Table 10. Kuwait Sulfonic Acid Market Revenues, By Applications, 2018-2028F ($ Million) |
Table 11. Kuwait Sulfonic Acid Market Revenues, By End Users, 2018-2028F ($ Million) |
Table 12. Oman Sulfonic Acid Market Revenues, By Applications, 2018-2028F ($ Million) |
Table 13. Oman Sulfonic Acid Market Revenues, By End Users, 2018-2028F ($ Million) |
Table 14. Bahrain Sulfonic Acid Market Revenues, By Applications, 2018-2028F ($ Million) |
Table 15. Bahrain Sulfonic Acid Market Revenues, By End Users, 2018-2028F ($ Million) |
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