GCC Polymers Market Forecast 2017-2030 amid COVID-19 by Goldstein Market Intelligence

Posted June 26, 2020 by samsmith31

According to the Goldstein Market Intelligence, the GCC polymers market is expected to grow at a CAGR of 3.8% during 2017-2030.
According to the Goldstein Market Intelligence, the GCC polymers market is expected to grow at a CAGR of 3.8% during 2017-2030.
The coronavirus impact of petrochemicals will be negative in 2020 and no recovery in the market yet till the end of 2020 end. GCC operating rates and exports to all regions, as well as demand growth within GCC itself must be re forecasted as they move rapidly. The expectations that Chinese demand would grow from 33.90 million tons to 2019 to 36.10 million tons in 2020, a 6.60% increase over last year. New demand may grow up as the number of cases are increasing, it is estimated that annual demand may end up 11.40% below the original at just 31.90 million tons.
Polymers are made either from naturally occurring materials or are manmade usually from petroleum products. The fact can be verified as in 2017, 2.40 million tons bio-based polymers capacity was installed to cater the global plastic demand of 340 million tons in 2017 which is expected to be replaced by the bio-polymers.

Report is available at :- https://bit.ly/2WAxBUI
GCC Polymers Industry Market Segmentation
By Polymer Types
o Natural Bio-Polymers
• Polypeptides
• Polysaccharides
• Nucleic Acid
o Synthetic Polymers
• Plastics
• Elastomers
• Fibers
• Gels or Viscous Liquids
Based on polymers types, synthetic polymers account for largest market share of nearly 70% of the total polymers market. Synthetic polymers sub-segment plastics have highest market share by both volume and value. By 2030, production of plastics is expected to triple as compared to production in 2017.
By Polymer Products
o PP (Polypropylene)
o HDPE (High-density polyethylene)
o LLDPE (Linear low-density polyethylene)
o LDPE (Low-density polyethylene)
o PET (Polyethylene terephthalate)
o Others (PVC, PC, etc.)
By Application
o Packaging
o Fibers
o Cosmetics
o Agriculture seed coatings
o Automotive interior parts
o Others (medical implants)
By End-User
o Food and Beverages
o Automotive Industry
o Healthcare
o Agriculture
o Chemicals industry
o Semiconductor & Electronics
By Geography
o Saudi Arabia Polymers Market {Market Share (%), Market Size (USD Billion)}
o Qatar Polymers Market {Market Share (%), Market Size (USD Billion)}
o UAE Polymers Market {Market Share (%), Market Size (USD Billion)}
o Oman Polymers Market {Market Share (%), Market Size (USD Billion)}
o Kuwait Polymers Market {Market Share (%), Market Size (USD Billion)}
o Bahrain Polymers Market {Market Share (%), Market Size (USD Billion)}

Request for Sample Report at :- https://bit.ly/3blRILL
Covered in this GCC Polymers Market Report are
“GCC Polymers Market Forecast 2030” by Goldstein Market Intelligence contains detailed overview of GCC Polymers Market terms of market segmentation by analysis basis, therapy type and geography. The Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis GCC Polymers Market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Key Market Players
• Saudi Arabia Basic Industries Corporation
• Braskem SA
• The Dow Chemical Company
• Bayer AG
• LyondellBasell Industries
• ExxonMobil Corporation

Further, GCC Polymers Market Report encompasses the major trends & opportunities, market dynamics and other growth factors of the GCC Polymers Market Research also comprises of key challenges, risk analysis, BPS analysis, SWOT Analysis and Market Attractiveness. The report also highlights the expert analysis to provide a complete overview of the market including the PESTLE analysis of each region and country.

About Goldstein Market Intelligence
Goldstein Market Intelligence helping businesses to be successful at strategy and take informed decisions to grow the business in future. Goldstein Market Intelligence is one of the leading professional services firms, providing Intelligence Services, Consulting & Advisory and research related services to clients. We, at Goldstein Intelligence Group (GIG) practice works side by side with chief executives and their teams to create effective strategies and secure alignment across the organisation. Goldstein Intelligence Group (GIG), a network of worldwide professional services firms, as a leading group with a strong commitment to establishing itself as a truly global-minded professional firm that can provide professional services across the world.

Contact for more Info:

Dennis Abraham
(Global Sales Head)
UK: +44 7520 644482
Email Us :- [email protected]
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Last Updated June 26, 2020