Saudi Arabia Sulfur Market: Key Players, Growth, Analysis, 2020–2027
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The Saudi Arabia Sulfur Market drivers and trends are as follows:
Some of the factors contributing to the growth of the Saudi Arabia sulfur market include the growing application of sulfur and its chemical products in several end-use industries, including detergents, food, wine, beverages, pharmaceuticals, agriculture, oil and gas, paper & pulp, and leather, among other industries. The huge range of application of sulfuric acid for the manufacturing of chemicals, such as nitric acid, hydrochloric acid, sulfate salts, dyes and pigments, synthetic detergents, explosives, and drugs, is a major factor fuelling the growth of the market in the upcoming years.
Sulfur is used in the manufacturing of phosphate fertilizers and sulfate fertilizers. The increasing agricultural and petrochemical industries in the country are further accelerating the growth of the sulfur market in Saudi Arabia. Furthermore, the strong presence of leading petrochemical organizations in Saudi Arabia that includes Sadara Chemical, Saudi Arabian Oil Company, Petro Rabigh Company, The Arabian Petroleum Supply Co., Saudi Basic Industries Corporation, and National Petrochemical Company is projected to propel the growth of the sulfur market.
Sulfur is also used in the construction industry to produce sulfur concrete that has various beneficial properties, including corrosion resistance, high strength, mechanical strength, recyclability, rapid hardening, and impermeability. The growing construction industry, along with the ongoing major infrastructural projects including the Neom Business City, Red Sea Project, Qiddiya City, Four Season Jeddah Croniche, Jabal Omar, Dr. Sulaiman Al-Habib Hospital, and Murcia Residential Project, among other projects, is another factor fuelling the market growth in the upcoming years. On the other hand, the rigorous government regulation associated with the emission and damaging effects of sulfur on the environment will hinder the growth of the Saudi Arabia sulfur market.
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Key Benefits of the Report:
- This report offers an analytical depiction of the Saudi Arabia sulfur market while providing the current trends and future estimations to determine the imminent investment pockets.
- This study illustrates every relevant information, including the market drivers, restraints, and emerging opportunities, followed by a detailed analysis of the Saudi Arabia sulfur market share.
- The report also provides a detailed Saudi Arabia sulfur market analysis based on competitive intensity and how the competition will take shape over the next six years.
Various companies covered in the Saudi Arabia Sulfur Market report:
- Abu Dhabi National Oil Company
- Qatar Petroleum
- Saudi Arabian Oil Co.
- ADDAR Chemicals Company
- Saudi Aramco Base Oil Company – LUBEREF
- Global Specialty Chemical Co.
- Saf Sulphur Company
- Saeed Ali Ghodran Group
- China Petrochemical Corporation
- PJSC Gazprom
Segmentation of the Saudi Arabia Sulfur Market:
Breakup by Product Type:
- Sodium Hydrosulphide
- Sodium Hydrosulphite
- Sodium Sulphide
- Sodium Sulphite
- Sodium Thiosulfate
- Sodium Formaldehyde Sulphoxylate
- Sulphuric Acid
- Sulphur Dioxide
- Others
Breakup by Application:
- Food and Beverage
- Pharmaceuticals
- Oil and Gas
- Agriculture
- Textile and Leather
- Agriculture
- Cleaning Chemicals
- Others
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