Middle East Bio-chemicals Market Report, by Product Type (Bio-plastic, Bio-lubricants, Bio-solvents, Bio-surfactants, and Others), by Application (Chemical & Fertilizers, Food & Beverages, Pharmaceuticals, Paint & Coatings, Automotive, Packaging, Personal

Middle East Bio-chemicals Market Report, by Product Type (Bio-plastic, Bio-lubricants, Bio-solvents, Bio-surfactants, and Others), by Application (Chemical & Fertilizers, Food & Beverages, Pharmaceuticals, Paint & Coatings, Automotive, Packaging, Personal Care & Cosmetics, and Others), and by Country (Saudi Arabia, Qatar, UAE, Egypt, Kuwait, and Rest of Middle East) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Bio-chemical or bio-based chemicals are manufactured from bio-based renewable materials such as sugar, vegetable oils, starch and others. The conversion of these bio-materials into bio-chemicals is carried out by fermentation or enzyme reaction.

Market Dynamics

Increasing adoption of bio-chemicals over petroleum based chemicals in different end-use industries is expected to fuel demand for bio-chemicals over the forecast period. For instance, traditionally, petroleum based oleo-chemicals were used in the manufacturing of surfactants, food additives, soaps, detergents products. Due to changing environmental policies, consumers are shifting their preference towards bio-based oleo-chemicals. In Middle East, most of the countries such as Saudi Arabia, Oman, Kuwait and others are highly dependent on oil economy. Therefore, the need to develop environmentally, socially and economically sustainable economy are expected to drive growth of the bio-based chemicals market in the Middle East.

Lack of legislation about production and usage of bio-based chemicals is a major factor that is expected to restrain growth of the Middle East bio-chemicals market. Moreover, there is a lack of laws or legislation regarding production, usage or waste management of bio-based chemicals in several countries such as Saudi Arabia and U.A.E. Recycling of bio-based chemical products is also a major issue as recycling bio-based chemicals without separating them from conventional chemical products can generate hazardous waste and pose a threat to the environment.

Rising stringent regulations on banning the usage of non-biodegradable plastics, particularly in Saudi Arabia and UAE are expected to fuel the Middle East bio-chemicals market growth. The ban on utilization of non-biodegradable plastics is expected to increase the use of bio-based plastics. For instance, in 2013, The Ministry of Environment and Water announced ban on the circulation and marketing of non-biodegradable plastic products. The ban also covers biodegradable plastic products, which are not registered within the Emirates Conformity Assessment System (ECAS).

Increasing focus of key players on business expansion is expected to propel the market growth in terms of revenue. For instance, in 2016, Clariant announced construction of new plant in Saudi Arabia. The facility is for manufacturing of bio-based polymers used in the packaging industry.

Key features of the study:
This report provides in-depth analysis of the Middle East bio-chemicals market and provides market size (US$ Million & Kilo Tons (KT)) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
It profiles key players in the Middle East bio-chemicals market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study are BASF SE, Clariant A.G., Evonik Industries A.G., Total S.A., Cargill Inc., Biolive, Saudi Biodiesel, Saudi Bio-Acid Company, Sain Bag, and Neutral Fuels among others.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The Middle East bio-chemicals market report caters to various stakeholders in this industry including investors, suppliers, bio-chemicals manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the bio-chemicals market

Detailed Segmentation:
Middle East Bio-chemicals Market, By Product Type:
Bio-plastic
 Bio-based Degradable
 Polybutyrate Adipate Terephthalate (PBAT)
 Polyhydroxyalkanoate(PHA)
 Polybutylene Succinate (PBS)
 Starch Blends
 Polylactic Acid (PLA)
 Others
 Bio-based Non-degradable
Polyethylene (PE)
Polyamide (PA)
Polyethylene Terephthalate (PET)
Others
Bio-lubricants
Vegetable Oil
Mineral Oil
Bio-solvents
Glycerol
Ethanol
Ketone
Others
Bio-surfactants
Others
Middle East Bio-chemicals Market, By Application:
Chemical & Fertilizers
Food & Beverages
Pharmaceuticals
Paint & coatings
Automotive
Packaging
Personal Care & Cosmetics
Others
Middle East Bio-chemicals Market, By Country:
Saudi Arabia
 By Product Type
Bio-plastic
Bio-based Degradable
Polybutyrate Adipate Terephthalate (PBAT)
Polyhydroxyalkanoate(PHA)
Polybutylene Succinate (PBS)
Starch Blends
Polylactic Acid (PLA)
Others
Bio-based Non-degradable
Polyethylene (PE)
Polyamide (PA)
Polyethylene Terephthalate (PET)
Others
Bio-lubricants
Bio-solvents
Glycerol
Ethanol
Ketone
Others
Bio-surfactants
Others
 By Application:
Chemical & Fertilizers
Food & Beverages
Pharmaceuticals
Paint & Coatings
Automotive
Packaging
Personal Care & Cosmetics
Others
Qatar
 By Product Type
Bio-plastic
Bio-based Degradable
Polybutyrate Adipate Terephthalate (PBAT)
Polyhydroxyalkanoate(PHA)
Polybutylene Succinate (PBS)
Starch Blends
Polylactic Acid (PLA)
Others
Bio-based Non-degradable
Polyethylene (PE)
Polyamide (PA)
Polyethylene Terephthalate (PET)
Others
Bio-lubricants
Bio-solvents
Glycerol
Ethanol
Ketone
Others
Bio-surfactants
Others
 By Application:
Chemical & Fertilizers
Food & Beverages
Pharmaceuticals
Paint & Coatings
Automotive
Packaging
Personal Care & Cosmetics
Others
UAE
 By Product Type
Bio-plastic
Bio-based Degradable
Polybutyrate Adipate Terephthalate (PBAT)
Polyhydroxyalkanoate(PHA)
Polybutylene Succinate (PBS)
Starch Blends
Polylactic Acid (PLA)
Others
Bio-based Non-degradable
Polyethylene (PE)
Polyamide (PA)
Polyethylene Terephthalate (PET)
Others
Bio-lubricants
Bio-solvents
Glycerol
Ethanol
Ketone
Others
Bio-surfactants
Others
 By Application:
Chemical & Fertilizers
Food & Beverages
Pharmaceuticals
Paint & Coatings
Automotive
Packaging
Personal Care & Cosmetics
Others
Egypt
 By Product Type
Bio-plastic
Bio-based Degradable
Polybutyrate Adipate Terephthalate (PBAT)
Polyhydroxyalkanoate(PHA)
Polybutylene Succinate (PBS)
Starch Blends
Polylactic Acid (PLA)
Others
Bio-based Non-degradable
Polyethylene (PE)
Polyamide (PA)
Polyethylene Terephthalate (PET)
Others
Bio-lubricants
Bio-solvents
Glycerol
Ethanol
Ketone
Others
Bio-surfactants
Others
 By Application:
Chemical & Fertilizers
Food & Beverages
Pharmaceuticals
Paint & Coatings
Automotive
Packaging
Personal Care & Cosmetics
Others
Kuwait
 By Product Type
Bio-plastic
Bio-based Degradable
Polybutyrate Adipate Terephthalate (PBAT)
Polyhydroxyalkanoate(PHA)
Polybutylene Succinate (PBS)
Starch Blends
Polylactic Acid (PLA)
Others
Bio-based Non-degradable
Polyethylene (PE)
Polyamide (PA)
Polyethylene Terephthalate (PET)
Others
Bio-lubricants
Bio-solvents
Glycerol
Ethanol
Ketone
Others
Bio-surfactants
Others
 By Application:
Chemical & Fertilizers
Food & Beverages
Pharmaceuticals
Paint & Coatings
Automotive
Packaging
Personal Care & Cosmetics
Others
Rest of Middle East
 By Product Type
Bio-plastic
Bio-based Degradable
Polybutyrate Adipate Terephthalate (PBAT)
Polyhydroxyalkanoate(PHA)
Polybutylene Succinate (PBS)
Starch Blends
Polylactic Acid (PLA)
Others
Bio-based Non-degradable
Polyethylene (PE)
Polyamide (PA)
Polyethylene Terephthalate (PET)
Others
Bio-lubricants
Bio-solvents
Glycerol
Ethanol
Ketone
Others
Bio-surfactants
Others
 By Application:
Chemical & Fertilizers
Food & Beverages
Pharmaceuticals
Paint & Coatings
Automotive
Packaging
Personal Care & Cosmetics
Others
Company Profiles
BASF SE*
 Company Overview
 Product Portfolio
 Financial Performance
 Key Strategies
 Recent Developments
 Future Plans
Clariant A.G.
Evonik Industries A.G.
Cargill Inc.
Total S.A.
Biolive
Saudi Biodiesel
Saudi Bio-Acid Company
Sain Bag
Neutral Fuels

“*” marked represents similar segmentation in other categories in the respective section.