PUBLISHER: Grand View Research | PRODUCT CODE: 1842089
PUBLISHER: Grand View Research | PRODUCT CODE: 1842089
The Middle East solvents market size was estimated at USD 1.73 billion in 2024 and is projected to reach USD 2.44 billion by 2033, growing at a CAGR of 4.0% from 2025 to 2033. The market growth is driven by expanding industrial activity, particularly within the construction sector.
Large-scale urban development projects and infrastructure initiatives across the Gulf Cooperation Council (GCC) fuel demand for materials such as paints, coatings, and adhesives, of which solvents are essential. The expansion of the region's chemical industry further supports the Middle East solvent industry, which is led by government strategies and major producers. In Saudi Arabia, the National Industrial Strategy under Vision 2030 highlights downstream chemical industries as key industrial capability and employment drivers. Similarly, the UAE's Operation 300bn, launched by the Ministry of Industry and Advanced Technology, identifies petrochemicals and chemical products as one of its priority sectors.
Middle East Solvents Market Report Segmentation
This report forecasts revenue growth at the regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2033. For this study, Grand View Research has segmented the Middle East solvent market report based on product, application, and country.