Saudi Arabia Polymers Market (2025-2031) | Companies, Industry, Share, Size, Trends, Outlook, Growth, Revenue, Analysis, Value & Forecast

Saudi Arabia Polymers Market Synopsis

The Saudi Arabia polymers market was estimated at USD 9 billion in 2025 and is expected to reach a value of USD 13.4 billion by 2031, registering a CAGR of 5.3% during the forecast period. The growth of this market is driven by increasing demand from end-user industries such as construction, automotive & transportation, packaging, medical devices and appliances among others. Additionally, growing investments in research and development activities for the production of high-performance polymers are further driving the growth of this market over the forecast period.

Market Drivers

Growing demand from various end-user industries like building & construction, automotive & transportations, electrical & electronics among others is responsible for boosting the market revenue for Saudi Arabia polymer industry over the coming years. This can be attributed to its advantages like lightweight properties that reduce fuel consumption along with superior mechanical strength which make it suitable for use in various industrial applications such as consumer goods products and construction materials among others. Over recent years there has been an increased focus on R&D activities related to producing higher performance polymers which are used across different sectors including automotive manufacturing where they offer superior protection against corrosion while ensuring longer life cycles of components being produced using them compared to other more traditional materials being used previously such as steel or aluminum alloys etc., thus creating opportunities within this sector in terms of new product launches and overall higher sales volumes resulting out these efforts leading to sustainable growth within this particular segment over long term horizon going forward into future period under review here accordingly then too effectively similarly so indeed.

Challenges of the Market

Changes in global crude oil prices impact the Saudi Arabia polymers market due to its strong dependence on petrochemicals as a raw material for making polymeric products. The Saudi polymer market faces stiff competition from markets such as China, India and Middle East countries which possess cheaper labor costs and have lower production cost than that of Saudi Arabia.Saudi Arabia has imposed stringent laws regarding industrial waste disposal and use of chemicals in manufacturing processes which increase the cost of production leading to higher product pricing thereby reducing competitiveness.

Covid 19 Impact on the Market

The Covid-19 pandemic has had a severe impact on the economy of Saudi Arabia resulting in a decline in demand for various polymeric products across different industries such as automotive, electrical & electronics, packaging etc., further leading to decreased investment by manufacturers thus affecting their profitability negatively. Additionally, supply disruption along with disruption of logistics services caused by restrictions introduced during lockdowns are additional factors contributing to this decline in demand forpolymers.

key players of the Market

SABIC, Advanced Petrochemical Company, National Petrochemical Industrial Co., and Al Waleed Plastic Factory are major players operating in the market in Saudi Arabia.

Key Highlights of the Report:

• Saudi Arabia Polymers Market Outlook
• Market Size of Saudi Arabia Polymers Market, 2024
• Forecast of Saudi Arabia Polymers Market, 2031
• Historical Data and Forecast of Saudi Arabia Polymers Revenues & Volume for the Period 2021-2031
• Saudi Arabia Polymers Market Trend Evolution
• Saudi Arabia Polymers Market Drivers and Challenges
• Saudi Arabia Polymers Price Trends
• Saudi Arabia Polymers Porter's Five Forces
• Saudi Arabia Polymers Industry Life Cycle
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Thermoplastics for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Thermosets for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Elastomers for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Product for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Polyethylene for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Polyvinyl Chloride for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Polypropylene for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Polystyrene for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Polyamide for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Polyurethane for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Polyacrylamide for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Packaging for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Electronics for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Food for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Petrochemicals for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Healthcare for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Building & Construction for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Electronics & Communication for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Polymers Market Revenues & Volume By Transportation for the Period 2021-2031
• Saudi Arabia Polymers Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Application
• Saudi Arabia Polymers Top Companies Market Share
• Saudi Arabia Polymers Competitive Benchmarking By Technical and Operational Parameters
• Saudi Arabia Polymers Company Profiles
• Saudi Arabia Polymers Key Strategic Recommendations