Middle East Specialty Chemicals Market Analysis, 2020

Middle East Specialty Chemicals Market Analysis, 2020

marknteladvisors.com

Document Outline

Introduction About Us, Key Questions Answered In This Study

Table of Content Market Segmentation, Scope of Work

Research Process & Methodology Primary Research, Secondary Research, Companies Interviewed, Respondent Profile, Research Methodology, Forecasting

Sample Pages Middle East Specialty Chemicals Market Analysis, 2020

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Commercials

45

Appendix

47

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Market Segmentation Middle East Specialty Chemicals Market

By Chemicals • Pharmaceutical • Construction Chemicals • Defoamers • Active • Corrosion Pharmaceutical Inhibitors Ingredients • Others • Solvents • Oil Field • Reagents • Demulsifiers • Others • Corrosion Inhibitors • Mineral Processing • Flocculants • Coagulants & Flocculants • Grinding Aids • Others • Others • Water & Wastewater • Food Additives • Coagulants • Flavour Enhancer • Flocculants Biocide • • Acidulants • Scale & • Hydrocolloids Corrosion • Others Inhibitor • Others

By Country • • • • • •

Saudi Arabia UAE Qatar Oman Kuwait Others (Algeria, Israel. etc.)

By End User Application • • • • • • •

By Company BASF Sika Clariant Evonik Ecolab Dow Chemicals Saudi Basic Industries Corporation (SABIC) • Akzo Nobel • Huntsman • Others • • • • • • •

Pharmaceutical Mineral Processing Oil Field Construction Water & Wastewater Food Additives Others

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Historical Year: 2015 Base Year: 2019

Table of Content (1/6)

Forecast Year: 2025 Table of Content

1.

Introduction 1.1. Research Process 1.2. Assumption 1.3. Market Segmentation 1.4. Market Definition

2.

Executive Summary

3.

Impact of COVID-19 on Middle East Specialty Chemicals Market

4.

Middle East Specialty Chemicals Market Outlook, 2015- 2025F 4.1. Market Size and Analysis 4.1.1. Market Revenues 4.2. Market Share and Analysis 4.2.1. By End User Application 4.2.1.1. Pharmaceutical 4.2.1.2. Mineral Processing 4.2.1.3. Water & Wastewater Treatment

4.2.1.4. Oil Fields 4.2.1.5. Construction 4.2.1.6. Food Additives 4.2.1.7. Others 4.2.2. By Chemicals Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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Historical Year: 2015 Base Year: 2019

Table of Content (2/6)

Forecast Year: 2025 Table of Content

4.2.2.1. Pharmaceutical Chemicals 4.2.2.1.1. Active Pharmaceutical Ingredients (APIs) 4.2.2.1.2. Solvents 4.2.2.1.3. Reagents 4.2.2.1.4. Others 4.2.2.2. Mineral Processing Chemicals

4.2.2.2.1. Flocculants 4.2.2.2.2. Grinding Aids 4.2.2.2.3. Others 4.2.2.3. Water & Wastewater Treatment Chemicals 4.2.2.3.1. Coagulants 4.2.2.3.2. Flocculants 4.2.2.3.3. Biocide 4.2.2.3.4. Scale & Corrosion Inhibitor 4.2.2.3.5. Others

4.2.2.4. Construction Chemicals 4.2.2.4.1. Defoamers 4.2.2.4.2. Corrosion Inhibitors 4.2.2.4.3. Others 4.2.2.5. Oil Field Chemicals Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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Historical Year: 2015 Base Year: 2019

Table of Content (3/6)

Forecast Year: 2025 Table of Content

4.2.2.5.1. Demulsifiers 4.2.2.5.2. Corrosion Inhibitors

4.2.2.5.3. Coagulants & Flocculants 4.2.2.5.4. Others 4.2.2.6. Food Additives 4.2.2.6.1. Acidulants

4.2.2.6.2. Flavour Enhancers 4.2.2.6.3. Hydrocolloids 4.2.2.6.4. Others 4.2.3. By Country

4.2.3.1. Saudi Arabia 4.2.3.2. UAE 4.2.3.3. Qatar 4.2.3.4. Kuwait

4.2.3.5. Oman 4.2.3.6. Others 4.2.4. By Company 4.2.4.1. Revenue Shares

4.2.4.2. Strategic Factorial Indexing 4.2.4.3. Competitor Placement in Markntel Quadrant Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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Historical Year: 2015 Base Year: 2019

Table of Content (4/6)

Forecast Year: 2025 Table of Content

5.

Saudi Arabia Middle East Specialty Chemicals Market Outlook, 2015- 2025F 5.1. Market Size and Analysis 5.1.1. Market Revenues 5.2. Market Share and Analysis 5.2.1. By End User Application 5.2.2. By Chemicals

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UAE Middle East Specialty Chemicals Market Outlook, 2015- 2025F 6.1. Market Size and Analysis 6.1.1. Market Revenues 6.2. Market Share and Analysis 6.2.1. By End User Application 6.2.2. By Chemicals

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Qatar Middle East Specialty Chemicals Market Outlook, 2015- 2025F 7.1. Market Size and Analysis 7.1.1. Market Revenues

7.2. Market Share and Analysis 7.2.1. By End User Application 7.2.2. By Chemicals 8.

Kuwait Specialty Chemicals Market Outlook, 2015- 2025F 8.1. Market Size and Analysis Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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Historical Year: 2015 Base Year: 2019

Table of Content (5/6)

Forecast Year: 2025 Table of Content

8.1.1. Market Revenues 8.2. Market Share and Analysis 8.2.1. By End User Application 8.2.2. By Chemicals 9.

Oman Middle East Specialty Chemicals Market Outlook, 2015- 2025F 9.1. Market Size and Analysis

9.1.1. Market Revenues 9.2. Market Share and Analysis 9.2.1. By End User Application 9.2.2. By Chemicals 10. Middle East Specialty Chemicals Market Policies, Regulations, Type Standards 11. Middle East Specialty Chemicals Market Trends & Insights 12. Middle East Specialty Chemicals Market Dynamics 12.1.Growth Drivers 12.2.Challenges

12.3.Impact Analysis 13. Middle East Specialty Chemicals Market Hotspot and Opportunities 14. Middle East Specialty Chemicals Key Decision Making Factors 15. Middle East Specialty Chemicals Market Key Strategic Imperatives for Success and Growth 16. Competitive Outlook Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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Historical Year: 2015 Base Year: 2019

Table of Content (6/6)

Forecast Year: 2025 Table of Content

16.1.Competition Matrix 16.1.1. Type Portfolio 16.1.2. Brand Specialization 16.1.3. Target Markets 16.1.4. Target Types 16.1.5. Research & Development

16.1.6. Strategic Alliances 16.1.7. Strategic Initiatives 16.2.Company Profiles (Business Description, Type Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans) 16.2.1. BASF 16.2.2. Sika

16.2.3. Clariant 16.2.4. Evonik 16.2.5. Ecolab 16.2.6. Dow Chemicals 16.2.7. Saudi Basic Industries Corporation (SABIC) 16.2.8. AkzoNobel 16.2.9. Huntsman 16. Disclaimer

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Middle East Specialty Chemicals Market Outlook, 2015-2025F

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

Middle East Specialty Chemicals Market Outlook, By Revenues (1/3) Figure 1: Middle East Specialty Chemicals Market Revenues (USD Million), 2015- 2025F

Revenue: XX%

CAGR

CAGR

Revenue: XX%

2015

2016

2017

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

Source: MarkNtel Advisors

• The surging dependency of the population on consumer goods, infrastructure, etc., is expected to positively impact the Middle East specialty chemicals market. Additionally, the increasing oil & gas production along with the growing infrastructure development in the

countries such as Saudi Arabia, UAE, Qatar, etc., has enhanced the demand for specialty chemicals. The increasing need for desalinated water in the countries has boosted the establishment of desalination plants, which would invigorate the requirement for water treatment specialty chemicals and construction chemicals. Moreover, the introduction of various initiatives by the governments such as the Saudi Vision 2030 has strongly contributed to the growth of various sectors such as construction, mining, pharmaceutical, etc., which is anticipated to uplift the requirement for specialty chemicals in the countries.

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Middle East Specialty Chemicals Market Revenue Share, By End User Application (3/7) Figure 3: Middle East Oil Production, By Country (Thousand Barrels Daily), 2016-2019

Saudi Arabia

UAE

Qatar 2016

2017

Kuwait 2018

Figure: UAE Desalinated Water Consumption, By Region (Percentage), 2019 12.18%

2019

Oman Source: BP Statistics

Figure: UAE Desalinated Water Key Facts, 2019 Abu Dhabi consumed XXX million cubic meters of desalinated water in XXX. Al Ain consumed XXX million cubic meters of desalinated water in XXX.

Abu Dhabi

Al Ain

Al Dhafra consumed XXX million cubic meters of desalinated water in XXX.

Al Dhafra Source: MarkNtel Advisors

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

Source: MarkNtel Advisors

12

Middle East Specialty Chemicals Market Revenue Share, By Oil Field Chemicals (1/4) Figure 5: Middle East Specialty Chemicals Market Share (Percentage), Market Size (USD Mn), By Oil Field Chemicals, 2019 & 2025F

Market Size (USD Mn)

Market Share (Percentage)

Coagulants & Flocculants

2025F

2019

Fastest growing segment CAGR: X% Driver: Increasing oil production to surge the demand during transportation process of oil.

Corrosion Inhibitors

Demulsifiers

Demulsifiers

Corrosion Inhibitors

Coagulants & Flocculants

Others

2025

2019

*These are dummy charts and do not represent actual value

• Corrosion Inhibitors:

Source: MarkNtel Advisors

The presence of water, acid gases such as hydrogen sulfide and carbon dioxide in the produced fluids has a

negative impact on the equipment and the pipelines used for transportation of crude oil. Therefore, the addition of corrosion inhibitors help in forming a layer on the metal surface to prevent it from corrosion. The establishment of refineries in the countries would add to the demand for corrosion inhibitors thereby strongly contributing to the growth of corrosion inhibitor market.

• In 2019, the modernization project at the Sitra oil refinery of Bahrain Petroleum Company commenced which is projected to be completed by 2022. The project would boost the refinery capacity at around 30%.

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13

Middle East Specialty Chemicals Market Revenue Share, By Construction Chemicals (1/3) Figure 6: Middle East Specialty Chemicals Market Revenue Share, By Construction Chemicals, 2019 & 2025F

Market Size (USD Mn)

Market Share (Percentage)

2019

Defoamers

Fastest growing segment CAGR: X% Key XX: Growing infrastructure development, upcoming events to boost the demand.

2025F

Corrosion Inhibitors

Others

*These are dummy charts and do not represent actual value

Defoamers

Corrosion Inhibitors

2019

2025

Source: MarkNtel Advisors

• Defoamers: The large air inclusions at the concrete’s surface are removed through utilizing defoamers. The surging establishment of buildings in the countries are providing more opportunities for the companies manufacturing defoamers. Moreover, the increasing

number of foreign direct investments in the countries is anticipated to boost the demand for construction chemicals such as defoamers. In 2018, the number of greenfield investments in UAE surged to 378 in 2018 from 330 in 2017.

• Several countries in the region such as Saudi Arabia, UAE, etc., aims to diversify its economy from crude oil, which has positively impacted the construction industry as the government has planned to develop the tourism, hospitality, and residential sectors. Therefore, the construction of new hotels, residential units, etc., would strongly contribute to the growth of defoamers market in the years to come.

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Middle East Specialty Chemicals Market Revenue Share, By Mineral Processing Chemicals (1/3) Figure 16: Middle East Specialty Chemicals Market Revenue Share, By Mineral Processing Chemicals, 2019 & 2025F

Flocculants Grinding Aids

2019

2025F

Others

Source: MarkNtel Advisors *These are dummy charts and do not represent actual value

Table 2: Middle East Specialty Chemicals Market Revenues (USD Million), By Mineral Processing Chemicals, 2015-2025F Types

2015

2016

2017

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

CAGR 2015-19

CAGR 2020-25

Flocculants

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

X%

X%

Grinding Aids

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

X%

X%

Others

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

X%

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

X%

Source: MarkNtel Advisors

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Middle East Specialty Chemicals Market Revenue Share, By Country Figure 7: Middle East Specialty Chemicals Market Revenue Share, By Country , 2019 & 2025F Qatar  

2019: XX% 2025F: XX%

Others  

Kuwait  

2019: XX% 2025F: XX%

UAE  

Saudi Arabia  

2019: XX% 2025F: XX%

2019: XX% 2025F: XX%

2019: XX% 2025F: XX%

Oman  

2019: XX% 2025F: XX%

Source: MarkNtel Advisors

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Middle East Specialty Chemicals Market Revenue Share, By Company Figure 8: Middle East Specialty Chemicals Market Revenue Share, By Company, 2019 Others •

BASF

The companies in the segment include: Ecolab, Evonik, AkzoNobel, Sika, etc.

•

XXXX

•

XXXX

•

The XX XX XX chemicals for XX, XX industry, XX XX, etc.

•

BASF captured XX% in the Middle East specialty chemicals.

•

XXX

Huntsman •

Clariant

The company provides specialty chemicals used for

USD XXX

agrochemicals, detergents and soaps, oil & gas production,

Million

XX

Sika

XX specialty XX for industries such as

construction, agricultural, oil & gas, mining, etc.

etc.

•

Clariant

•

•

XXX

•

XXX

Dow Chemicals

•

Sika offers various construction chemicals in the region.

•

The company XX a new XXX plant for concrete XXX in XX XX in 2018.

market. The company planned to XX a XXX unit to produce a range of

•

Sika grabbed XX% in the XX XX specialty chemicals XX.

polymers.

•

XXX

•

XXX

•

•

The company grabbed XX% in the Middle East specialty chemicals

XXXX Source: MarkNtel Advisors Primary Surveys, Annual Reports, Press Releases

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UAE Specialty Chemicals Market Outlook, By Revenues (1/3) Figure 9: UAE Specialty Chemicals Market Revenues (USD Million), 2015- 2025F

Revenue: XX%

CAGR

CAGR

Revenue: XX%

2015

2016

2017

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

Source: MarkNtel Advisors

• The UAE speciality chemicals market is anticipated to grow in the forthcoming period on

account of the progress in oil & gas, construction, mining, water & wastewater treatment

Figure 10: UAE Oil Production (Thousands Barrels Daily), 2017 & 2018 3,942

sectors. The increasing greenfield in investments in the country would result in the establishment of new structures, which would require the construction chemicals thereby

3,910

positively impacting the demand for speciality chemicals. • Moreover, surging oil production in the country would boost the demand for speciality

chemicals such as demulsifiers, corrosion inhibitors, etc. Hence, it is anticipated to Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

2017

2018 Source: BP Statistics

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UAE Specialty Chemicals Market Revenue Share, By Water & Wastewater Treatment Chemicals (1/3) Figure 12: UAE Specialty Chemicals Market Revenue Share, By Water & Wastewater Treatment Chemicals, 2019 & 2025F

Market Size, 2019 (USD Mn)

Market Share (Percentage)

Scale & Corrosion Inhibitor

2019

2025F

Flocculants

Biocides

Scale & Corrosion Inhibitor

XX%

Biocide  CAGR during 2020-25: XX%

Coagulants

 CAGR during 2020-25:

Flocculants

Coagulants Others

*These are dummy charts and do not represent actual value Source: MarkNtel Advisors

• Introduction:

The rising temperature and depletion of fresh water in the UAE have resulted in the establishment of water treatment

plants. Various desalination plants are being set up in UAE to provide potable water. Moreover, the growing initiatives by the government such as the introduction of Dubai Tourism Strategy 2020, Sharjah Tourism Vision 2021 and Ajman Strategic Plan for Tourism 2015-2021 would boost the growth of tourism sector thereby increasing the demand for water. Hence, the government is also introducing initiatives to construct water treatment plants. The introduction of new water treatment plants in the country would positively impact the demand for specialty chemicals such as coagulants, flocculants, corrosion inhibitors, etc. In 2018, Abu Dhabi Water and Electricity Authority (ADWEA) announced the plan to establish a desalination plant by 2021 which is expected to produce 200 million gallons of water per day.

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UAE Specialty Chemicals Market Revenue Share, By Water & Wastewater Treatment Chemicals (3/3) Figure 13: Abu Dhabi Desalinated Water Availability & Consumption (Million cubic meters), 2014- 2017

2015

2016

2017

Available Desalinated Water

2018

2019

Consumption of Desalinated Water Source: Abu Dhabi Water and Electricity Company (ADWEC)

Figure 14: Abu Dhabi Desalinated Water Consumption, By Sector (Million cubic meters), 2015 & 2017 Domestic Commercial

2015

Government

2017

Agriculture

Industry Others Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

Source: Abu Dhabi Water and Electricity Company (ADWEC)

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UAE Specialty Chemicals Market Revenue Share, By Construction Chemicals (1/4) Figure 15: UAE Specialty Chemicals Market Revenue Share, By Construction Chemicals, 2019 & 2025F Market Share (Percentage)

Market Size (2019- USD mn Vs CAGR 2020-25 (Percentage) 7

2025F

2019

Market Size (USD Mn)

6

Defoamers

5

4

3

Corrosion Inhibitor is expected to grow

2

at a CAGR of around X% during 2020-

1

2025 0

Defoamers

Corrosion Inhibitors

0%

2%

Others *These are dummy charts and do not represent actual value

• Corrosion Inhibitor:

4%

6%

8%

CAGR 2020-25 Source: MarkNtel Advisors

The corrosion inhibitor are utilized to fight against concrete deterioration. The surging construction activities

in the country provides new opportunities for the companies providing corrosion inhibitor solution, Moreover, the government is emphasizing on reducing the reliance on oil sector and focus on boosting the tourism sector, infrastructure development, etc. Hence, several new construction projects have been introduced in the country, which is projected to strongly contribute to the growth of UAE corrosion inhibitor market. • The execution of various events in the country such as Dubai Expo 2020 has positively impacted the establishment of new hotels, residential buildings, corporate offices, etc., which would boost the demand for corrosion inhibitors.

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UAE Specialty Chemicals Market Revenue Share, By Oil Field Chemicals (1/3) Figure 16: UAE Specialty Chemicals Market Revenue Share, By Oil Field Chemicals, 2019 & 2025F

Demulsifiers Corrosion Inhibitors

2019

2025F

Coagulants & Flocculants Others

Source: MarkNtel Advisors

*These are dummy charts and do not represent actual value

Table 2: UAE Specialty Chemicals Market Revenues (USD Million), By Oil Field Chemicals, 2015-2025F 2015

2016

2017

2018

2019

2020

2021F

2022F

2023F

2024F

2025F

CAGR 2015-19

CAGR 2020-25

Demulsifiers

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

X%

X%

Corrosion Inhibitor

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

X%

X%

Coagulants & Flocculants

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

X%

X%

Others

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

X%

X%

Types

Source: MarkNtel Advisors

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