GCC Specialty Chemicals Market Size, Share, Trends, Industry Analysis Report: By Type, and Country

Description

List of Tables

The GCC specialty chemicals market size is expected to reach USD 54.06 billion by 2034, according to a new study by Polaris Market Research. The report "GCC Specialty Chemicals Market Size, Share, Trends, Industry Analysis Report: By Type (Agrochemicals, Polymer Additives, Construction Chemicals, Water Treatment Chemicals, Oil Field Chemicals, Food Additives, Surfactants, Electronic Chemicals, Specialty Polymers, and Others), and Country (Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, and Bahrain) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Specialty chemicals are high-value, performance-driven products used across various industries, including oil and gas, construction, automotive, agriculture, and personal care. Unlike commodity chemicals, which are produced in bulk and have standardized applications, specialty chemicals are tailored for specific functions and play a critical role in enhancing product efficiency and performance. The GCC region, consisting of Saudi Arabia, the UAE, Qatar, Kuwait, Oman, and Bahrain, has long been known for its petrochemical dominance. However, as these economies seek to diversify beyond crude oil exports, specialty chemicals have emerged as a promising sector, attracting significant investments and innovations.

The growing construction and infrastructure development in the GCC region is propelling the GCC specialty chemicals market growth. The GCC countries have been investing heavily in infrastructure projects, including smart cities, transportation networks, and energy-efficient buildings. The UAE and Saudi Arabia, in particular, are leading the way with megaprojects such as NEOM in Saudi Arabia and Expo City Dubai. Specialty chemicals, such as construction adhesives, coatings, sealants, and concrete additives, are essential in construction projects for enhancing building durability, reducing environmental impact, and ensuring high-performance materials. Additionally, with the rising emphasis on sustainable construction in the region, there is an increasing demand for eco-friendly specialty chemicals that reduce carbon footprints.

Rising technological advancements in enhanced oil recovery (EOR) and unconventional extraction methods have further increased the need for specialized chemicals that improve efficiency and environmental safety. The integration of artificial intelligence (AI) and digital transformation in oil and gas operations is also boosting the market for specialty chemicals, as companies seek customized solutions to optimize production and minimize operational risks.

GCC Specialty Chemicals Market Report Highlights

In terms of type, the construction chemicals segment dominated the GCC specialty chemicals market share in 2024 due to the booming infrastructure and real estate development.

By type, the water treatment chemicals segment is projected to grow at a rapid pace in the coming years. The GCC region faces severe water scarcity, pushing governments and industries to invest in advanced water treatment solutions.

In the GCC market, Saudi Arabia held the largest market share in 2024, driven by its massive industrial base, large-scale infrastructure projects, and strong demand from the oil and gas sector.

The United Arab Emirates GCC specialty chemicals market is estimated to grow at the fastest pace in the coming years, owing to its growing focus on water sustainability.

Some of the GCC key market players are Arkema Chemicals, Colonial Chemical, EVONIK, Fayfa Chemical Factory, Halliburton, Horizon Chemicals, Huntsman, Nouryon, Professional Specialty Chemicals Factory, SABIC, Sadara Chemical Company, Sika Group, and Tricom LLC.

Polaris Market Research has segmented the GCC specialty chemicals market report on the basis of type and country:

By Type Outlook (Revenue, USD Billion, 2020-2034)

Agrochemicals
Polymer Additives
Construction Chemicals
Water Treatment Chemicals
Oil Field Chemicals
Food Additives
Surfactants
Electronic Chemicals
Specialty Polymers
Others

By Country Outlook (Revenue, USD Billion, 2020-2034)

Saudi Arabia
United Arab Emirates
Qatar
Kuwait
Oman
Bahrain

GCC Specialty Chemicals Market, Regional Outlook (Revenue - USD Billion, 2020-2034)

Saudi Arabia
Type Outlook
Agrochemicals
Polymer Additives
Construction Chemicals
Water Treatment Chemicals
Oil Field Chemicals
Food Additives
Surfactants
Electronic Chemicals
Specialty Polymers
Others
Country Outlook
Saudi Arabia
United Arab Emirates
Qatar
Kuwait
Oman
Bahrain
United Arab Emirates
Type Outlook
Agrochemicals
Polymer Additives
Construction Chemicals
Water Treatment Chemicals
Oil Field Chemicals
Food Additives
Surfactants
Electronic Chemicals
Specialty Polymers
Others
Country Outlook
Saudi Arabia
United Arab Emirates
Qatar
Kuwait
Oman
Bahrain
Qatar
Type Outlook
Agrochemicals
Polymer Additives
Construction Chemicals
Water Treatment Chemicals
Oil Field Chemicals
Food Additives
Surfactants
Electronic Chemicals
Specialty Polymers
Others
Country Outlook
Saudi Arabia
United Arab Emirates
Qatar
Kuwait
Oman
Bahrain
Kuwait
Type Outlook
Agrochemicals
Polymer Additives
Construction Chemicals
Water Treatment Chemicals
Oil Field Chemicals
Food Additives
Surfactants
Electronic Chemicals
Specialty Polymers
Others
Country Outlook
Saudi Arabia
United Arab Emirates
Qatar
Kuwait
Oman
Bahrain
Oman
Type Outlook
Agrochemicals
Polymer Additives
Construction Chemicals
Water Treatment Chemicals
Oil Field Chemicals
Food Additives
Surfactants
Electronic Chemicals
Specialty Polymers
Others
Country Outlook
Saudi Arabia
United Arab Emirates
Qatar
Kuwait
Oman
Bahrain
Bahrain
Type Outlook
Agrochemicals
Polymer Additives
Construction Chemicals
Water Treatment Chemicals
Oil Field Chemicals
Food Additives
Surfactants
Electronic Chemicals
Specialty Polymers
Others
Country Outlook
Saudi Arabia
United Arab Emirates
Qatar
Kuwait
Oman
Bahrain

Product Code: PM5565

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. GCC Specialty Chemicals Market Insights

4.1. GCC Specialty Chemicals Market - Market Snapshot
4.2. GCC Specialty Chemicals Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Increasing Sales of Automobiles
  - 4.2.1.2. Growing Oil & Gas Exploration Activities
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Strict production norms
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. GCC Specialty Chemicals Market Trends
4.6. Value Chain Analysis

5. GCC Specialty Chemicals Market, by Type

5.1. Key Findings
5.2. Introduction
- 5.2.1. GCC Specialty Chemicals Market, by Type, 2020-2034 (USD Billion)
5.3. Agrochemicals
- 5.3.1. GCC Specialty Chemicals Market, by Agrochemicals, by Country, 2020-2034 (USD Billion)
5.4. Polymer Additives
- 5.4.1. GCC Specialty Chemicals Market, by Polymer Additives, by Country, 2020-2034 (USD Billion)
5.5. Construction Chemicals
- 5.5.1. GCC Specialty Chemicals Market, by Construction Chemicals, by Country, 2020-2034 (USD Billion)
5.6. Water Treatment Chemicals
- 5.6.1. GCC Specialty Chemicals Market, by Water Treatment Chemicals, by Country, 2020-2034 (USD Billion)
5.7. Oil Field Chemicals
- 5.7.1. GCC Specialty Chemicals Market, by Oil Field Chemicals, by Country, 2020-2034 (USD Billion)
5.8. Food Additives
- 5.8.1. GCC Specialty Chemicals Market, by Food Additives, by Country, 2020-2034 (USD Billion)
5.9. Surfactants
- 5.9.1. GCC Specialty Chemicals Market, by Surfactants, by Country, 2020-2034 (USD Billion)
5.10. Electronic Chemicals
- 5.10.1. GCC Specialty Chemicals Market, by Electronic Chemicals, by Country, 2020-2034 (USD Billion)
5.11. Specialty Polymers
- 5.11.1. GCC Specialty Chemicals Market, by Specialty Polymers, by Country, 2020-2034 (USD Billion)
5.12. Others
- 5.12.1. GCC Specialty Chemicals Market, by Others, by Country, 2020-2034 (USD Billion)

6. GCC Specialty Chemicals Market, by Country

6.1. Key Findings
6.2. Introduction
- 6.2.1. GCC Specialty Chemicals Market Assessment, By Country, 2020-2034 (USD Billion)
  - 6.2.1.1. Saudi Arabia: GCC Specialty Chemicals Market, by Type, 2020-2034 (USD Billion)
  - 6.2.1.2. United Arab Emirates: GCC Specialty Chemicals Market, by Type, 2020-2034 (USD Billion)
  - 6.2.1.3. Qatar: GCC Specialty Chemicals Market, by Type, 2020-2034 (USD Billion)
  - 6.2.1.4. Kuwait: GCC Specialty Chemicals Market, by Type, 2020-2034 (USD Billion)
  - 6.2.1.5. Oman: GCC Specialty Chemicals Market, by Type, 2020-2034 (USD Billion)
  - 6.2.1.6. Bahrain: GCC Specialty Chemicals Market, by Type, 2020-2034 (USD Billion)

7. Competitive Landscape

7.1. Expansion and Acquisition Analysis
- 7.1.1. Expansion
- 7.1.2. Acquisitions
7.2. Partnerships/Collaborations/Agreements/Exhibitions

8. Company Profiles

8.1. Arkema Chemicals
- 8.1.1. Company Overview
- 8.1.2. Financial Performance
- 8.1.3. Product Benchmarking
- 8.1.4. Recent Development
8.2. Colonial Chemical
- 8.2.1. Company Overview
- 8.2.2. Financial Performance
- 8.2.3. Product Benchmarking
- 8.2.4. Recent Development
8.3. EVONIK
- 8.3.1. Company Overview
- 8.3.2. Financial Performance
- 8.3.3. Product Benchmarking
- 8.3.4. Recent Development
8.4. Fayfa Chemical Factory
- 8.4.1. Company Overview
- 8.4.2. Financial Performance
- 8.4.3. Product Benchmarking
- 8.4.4. Recent Development
8.5. Halliburton
- 8.5.1. Company Overview
- 8.5.2. Financial Performance
- 8.5.3. Product Benchmarking
- 8.5.4. Recent Development
8.6. Horizon Chemicals
- 8.6.1. Company Overview
- 8.6.2. Financial Performance
- 8.6.3. Product Benchmarking
- 8.6.4. Recent Development
8.7. Huntsman
- 8.7.1. Company Overview
- 8.7.2. Financial Performance
- 8.7.3. Product Benchmarking
- 8.7.4. Recent Development
8.8. Nouryon
- 8.8.1. Company Overview
- 8.8.2. Financial Performance
- 8.8.3. Product Benchmarking
- 8.8.4. Recent Development
8.9. Professional Specialty Chemicals Factory
- 8.9.1. Company Overview
- 8.9.2. Financial Performance
- 8.9.3. Product Benchmarking
- 8.9.4. Recent Development
8.10. SABIC
- 8.10.1. Company Overview
- 8.10.2. Financial Performance
- 8.10.3. Product Benchmarking
- 8.10.4. Recent Development
8.11. Sadara Chemical Company
- 8.11.1. Company Overview
- 8.11.2. Financial Performance
- 8.11.3. Product Benchmarking
- 8.11.4. Recent Development
8.12. Sika Group
- 8.12.1. Company Overview
- 8.12.2. Financial Performance
- 8.12.3. Product Benchmarking
- 8.12.4. Recent Development
8.13. Tricom LLC
- 8.13.1. Company Overview
- 8.13.2. Financial Performance
- 8.13.3. Product Benchmarking
- 8.13.4. Recent Development