GCC Plastic Market is Projected to Grow at a CAGR of 5.9% During the Forecast Period (2017-2025)

New York, USA, 2018-Aug-10 — /EPR Network/ —

According to Goldstein Research, plastics industry in GCC region is progressively growing on the back of urbanization and developmental activities, with plastic manufacturing capacity reaching to 2.5 million tons in 2016. Polyethylene terephthalate (PET) accounts for largest market share of nearly 70% of the total engineering polymers. GCC plastic market outlook also includes new product developments and capital investment as the key strategies adopted by the major players for significant expansion of business in developed and as well as in developing countries across the globe.

For instance, GCC region is focusing on development of specialized parks to tap the potential leverage of plastics industry, such as Rabigh Plus Tech Park, Sadara’s Value Park and PlasChem Park in Saudi Arabia; Khalifa Industrial Zone and Al Saja’s Oasis in UAE.

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Market Segmentation

On the basis of our in-depth analysis, GCC plastic market can be segmented as follows:

By Plastic Products Type

  • Commodity Plastics
  • Polyethylene (PE)
  • Polyvinyl Chloride (PVC)
  • Polypropylene (PP)
  • Polystyrene (PS)
  • Engineering Plastics
  • PET
  • Polycarbonate (PC)
  • Elastomers
  • Epoxy Resin
  • Urea Formaldehyde
  • Polybutylene Terephthalate (PBT)
  • Others (Melamine Resins, Melamine Formaldehyde, etc.)

 By Plastic Categories

  • Thermoplastic polymers
  • Thermosets

By Application

  • Film & Sheet
  • Injection Molding
  • Blow Molding
  • Fibers

 By End-User

  • Food and Beverages Industry
  • Automotive Industry
  • Healthcare Industry
  • Consumer Goods
  • Electronics Industry
  • Others (Agriculture Industry, etc.)

 By Geography

  • Saudi Arabia Plastic Market {Market Share (%), Market Size (USD Billion)}
  • Qatar Plastic Market {Market Share (%), Market Size (USD Billion)}
  • UAE Plastic Market {Market Share (%), Market Size (USD Billion)}
  • Oman Plastic Market {Market Share (%), Market Size (USD Billion)}
  • Kuwait Plastic Market {Market Share (%), Market Size (USD Billion)}
  • Bahrain Plastic Market {Market Share (%), Market Size (USD Billion)}

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“GCC Plastic Market Outlook 2025” contains detailed overview of the GCC plastic market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by plastic products type, by plastic category, by applications and by end users.

Further, for the in-depth analysis, GCC Plastic Market Analysis encompasses the market growth drivers, market challenges, market attractiveness, BPS (Base Point Scale) analysis, risk analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report embodies the GCC plastic market trends along with market estimates that will aid market consultants, technology providers, existing players and new market players probing for opportunities and other stakeholders to positions their market centred strategies according to the evolving and expected trends in the future.

Key queries answered in this GCC plastic market report

  • What is the GCC plastic market size by 2025 and what would be the expected growth rate of the market?
  • What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
  • What are the plastic market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to plastic market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

 

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on chemical industry research reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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