MarkNtel - Middle East Specialty Chemicals Market Analysis 2020 - Sample PDF
MarkNtel - Middle East Specialty Chemicals Market Analysis 2020 - Sample PDF
MarkNtel - Middle East Specialty Chemicals Market Analysis 2020 - Sample PDF
marknteladvisors.com
Document Outline
Introduction
02
About Us, Key Questions Answered In This Study
Table of Content 05
Market Segmentation, Scope of Work
Sample Pages 21
Middle East Specialty Chemicals Market Analysis, 2020
Commercials 47
Disclaimer 49
700+
MarkNtel Advisors LLP is a premier market/business research, consulting, and
analytics center known for its incessant real time support. We work 24*7 to ensure
that our clients meet their objectives. A continuous improvement in customer Research, Consulting, Advisory &
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We deliver research, consulting and data analytics services across industries 200+
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We understand the growing need of our clients, and thus focus on emerging 70+
industries to provide our services which can fulfill their need of assessing the current Team of experienced analysts
(FTEs)
and future Market potential, identification of white spaces & hotspots and venturing
into new geographies or business segments.
1 What are the current and future trends of the specialty chemicals market in
the Middle East region?
2 How the industry has been evolving in terms of geography and services
adoption?
4 What are the key growth drivers and challenges in the Middle East Specialty
Chemicals market?
5 How are the key stakeholders aligned in the value chain of Specialty
Chemicals market?
Introduction
02
About Us, Key Questions Answered In This Study
Table of Content 05
Market Segmentation, Scope of Work
Sample Pages 21
Middle East Specialty Chemicals Market Analysis, 2020
Commercials 47
Disclaimer 49
Introduction
02
About Us, Key Questions Answered In This Study
Table of Content 05
Market Segmentation, Scope of Work
Sample Pages 21
Middle East Specialty Chemicals Market Analysis, 2020
Commercials 47
Disclaimer 49
Access to external databases … Abu Dhabi Water and Electricity Authority- ADWEA
Industry association data, Equity Research reports
• Bloomberg • Gartner
• Capital IQ • Forrester Company web-sites, marketing collateral
• Thomson • BNC Network Company filings, IR Website
Desk Reuters • MEED News searches, Internet / social media searches
Research • Factiva • Ovum Technical journals
• Euro monitor • Celent Ministry of Interior, Ministry of Infrastructure
• D&B OneSource • Zoom Info Development
• LinkedIn • Construction Week
Information Checklists
-Industry Experts ~35
~55
Primary Interviews
Identify relevant companies, contacts
Research -Distributors ~10
Kuwait 10%
35%
Oman 10%
Middle East
Qatar 15%
3%
Saudi Arabia 25%
Mid Senior Level Senior Executives Management Level
UAE 30% Executives Executives
Design the discussion guide Shortlist relevant companies Identify the respondents Conduct the interview
Steps involved in
Customized discussion
designing discussion Background research Information checklist
guide
guide
The analysts spend The team develops separate Extensive desk research and
considerable time in guides for the various parties designing the discussion
researching the product/ involved in the value chain guide enable the team to
Work Done service before commencing (such as manufacturers/ analyse information gaps
field work and are, hence, suppliers, distributors and and develop an information
able to engage in industry associations). This checklist that is referred to at
meaningful discussion with helps in obtaining quality each stage of the project to
respondents, which is insights and in reconfirming ensure consistency and
critical in primary the inputs already gathered quality in the assignment.
interviews. from other respondents.
Design the discussion guide Shortlist relevant companies Identify the respondents Conduct the interview
• The team conducts exhaustive research • The team enlists various parameters
to understand the industry’s dynamics (product portfolio / clientele /
with regard to: geographical presence, etc.) for
Work Done • Market structure (consolidated or • identifying companies / entities for
fragmented) primary research.
• Supply chain structure analysis • A comprehensive list is prepared.
• Competition • Relevant companies with offerings
• Other players entering the market similar to the product as provided by the
• The research helps the team in Client and the entities involved in the
understanding the Client’s requirements overall supply chain including the end-
and position in the value chain and in the use industry companies are shortlisted.
industry.
Design the discussion guide Shortlist relevant companies Identify the respondents Conduct the interview
Design the discussion guide Shortlist relevant companies Identify the respondents Conduct the interview
Conducting the
Team structuring and training Modus operandi to conduct interviews
interviews
The analysis conducted is based on actual operating data from selected samples. The
historical data is extracted based on company filings, primary research, estimation Rolling Averages
models, in-house & paid database, local and international statistics and desk research
*Depending upon the data availability the team select appropriate forecasting model
Introduction
02
About Us, Key Questions Answered In This Study
Table of Content 05
Market Segmentation, Scope Of Work
Sample Pages 21
Middle East Specialty Chemicals Market Analysis, 2020
Commercials 47
Disclaimer 49
CAGR
CAGR
2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F
Revenue (USD million) 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, yhe 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.
Pharmaceutical
2019:
Food Oilfield
Additives USD XX Million
2019 2025 2019 2025
Mineral Construction
Processing
2019 2025
2019 2025
XX% XX%
XX% XX%
12.18%
Abu Dhabi consumed XXX million cubic meters
of desalinated water in XXX.
2019 2025F
Corrosion Inhibitors Fastest growing
segment
CAGR: X%
Driver: Increasing oil
Demulsifiers production to surge
the demand during
transportation
Demulsifiers Corrosion Inhibitors
process of oil.
Coagulants & Flocculants Others 2025 2019
Source: MarkNtel Advisors
*These are dummy charts and do not represent actual value
• Corrosion Inhibitors: 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%.
*These are dummy charts and do not represent actual value 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.
Flocculants
Grinding Aids
2019 2025F
Others
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
Flocculants XX XX XX XX XX XX XX XX XX XX XX
Grinding Aids XX XX XX XX XX XX XX XX XX XX XX
Others XX XX XX XX XX XX XX XX XX XX XX
Others
Qatar
2019: XX%
2019: XX%
2025F: XX%
2025F: XX%
UAE
Kuwait
2019: XX%
2019: XX%
2025F: XX%
2025F: XX%
Others
Dow
Parameters BASF Sika Huntsman Clariant AkzoNobel
Chemicals
Evonik
Rating Scale (1 to 5): 5- Excellent, 4 Very Good, 3- Good, 2- Poor, 1- Very Poor Source: MarkNtel Advisors
Industry Propellants
40%
Industry Dormants
BASF
30%
20%
Industry Transients
Industry Laggards
10%
Revenue Share (%)
1 2 3 4 5
Factorial Index Value
CAGR
CAGR
2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F
Revenue (USD million) Source: MarkNtel Advisors
• The UAE speciality chemicals market is anticipated to grow in the forthcoming period Figure 10: UAE Oil Production
(Thousands Barrels Daily), 2017 & 2018
on account of the progress in oil & gas, construction, mining, water & wastewater
3,942
treatment sectors. The increasing greenfield in investments in the country would result
in the establishment of new structures, which would require the construction
chemicals thereby positively impacting the demand for speciality chemicals. 3,910
• 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
strongly contribute to the growth of Middle East speciality chemicals market. 2017 2018
Source: BP Statistics
Pharmaceutical
2019 2025
XX% XX%
Others* Water &
Wastewater
Treatment
2019 2025
2019 2025
XX% XX%
XX% XX%
2019:
Food Oil Field
Additives USD XX Million
2019 2025 2019 2025
Mineral Construction
Processing
2019 2025
2019 2025
XX% XX%
XX% XX%
*Others include: Paper & Pulp, Agriculture, Personal Care Source: MarkNtel Advisors
Scale &
Corrosion CAGR during 2020-25:
Inhibitor XX%
Biocide
2019 2025F CAGR during 2020-25:
XX%
Flocculants
• 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.
1,170
1,129
1,115 1,112
1,101
Figure 14: Abu Dhabi Desalinated Water Consumption, By Sector (Million cubic meters), 2015 & 2017
Domestic
Commercial
Government
2015 2017
Agriculture
Industry
Source: Abu Dhabi Water and
Others Electricity Company (ADWEC)
6
Defoamers
2
Corrosion Inhibitor is expected to grow
at a CAGR of around X% during 2020-
1
2025
0
• Corrosion Inhibitor: 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.
Demulsifiers
Corrosion Inhibitors
2019 2025F
Coagulants & Flocculants
Others
Table 2: UAE Specialty Chemicals Market Revenues (USD Million), By Oil Field Chemicals, 2015-2025F
Types 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Demulsifiers XX XX XX XX XX XX XX XX XX XX XX
Corrosion Inhibitor XX XX XX XX XX XX XX XX XX XX XX
Others XX XX XX XX XX XX XX XX XX XX XX
Drivers
Challenges
• Corrosion Inhibitor
• Biocide
• Flocculants • Saudi Arabia
BASF X X
• Coagulants • XXX
• Scale Inhibitors
• Defoamers
Sika XX XX XX XX
Clariant XX XX XX XX
Evonik XX XX XX XX
Ecolab XX XX XX XX
Dow Chemicals XX XX XX XX
AkzoNobel XX XX XX XX
Huntsman XX XX XX XX
Local Presence
5 Buyers prefer to procure specialty chemicals from local blender as they feel it would facilitate any revisions to the
specialty chemicals quickly and also lead to more effective technical support.
‘000 MT
Local Manufacturer
*These are dummy charts and do not represent actual value Foreign Manufacturer
• The companies are gradually expanding their production base in the Middle East by establishing new manufacturing plant in the region.
In 2019, XXX XXX to introduce their first oil field chemical manufacturing XXX in Saudi Arabia. The XXX is anticipated to
manufacture chemicals for stimulation, production, midstream, and downstream programs.
In 2017, the new XXXX between Maydan Industry, AKA, and SFC was XXX to establish a new manufacturing plant in XXX Park in
Saudi Arabia, which would produce XXX.
Introduction
02
About Us, Key Questions Answered In This Study
Table of Content 05
Market Segmentation, Scope Of Work
Sample Pages 21
Middle East Specialty Chemicals Market Analysis, 2020
Commercials 47
Disclaimer 49
• The above fees is inclusive of consultant time, project management time, access to commercial
Fee databases, telecom costs associated with conducting phone interviews and other incidental costs (if
Inclusions any).
• The above fees do not include the costs associated with international travel and boarding & lodging for
Client meetings and presentations at the Client site, if required.
Fee
Exclusions • All associated costs (travel, visa processing fees, boarding, lodging, etc.) related to the aforesaid Client
meeting and presentations will be invoiced at actual and the above expenditure will be incurred only
after taking Client approval.
• 100% Advance
Payment and Other
Terms and • Final deliverables/reports would be shared by MarkNtel Advisors only in pdf format.
Conditions • MarkNtel Advisors would use the Client’s company name/logo as a part of MarkNtel Advisors marketing
collaterals/promotion materials.
Introduction
02
About Us, Key Questions Answered In This Study
Table of Content 05
Market Segmentation, Scope of Work
Sample Pages 21
Middle East Specialty Chemicals Market Analysis, 2020
Commercial 47
Disclaimer 49