"As the Arab world's largest oil producer, Saudi Arabia's economy has shown signs of recovery due to the rising global oil prices alongside the OPEC+ relaxation and COVID-19 vaccination rollout. The kingdom expects to pump an average of 9 million b/d of oil production at the end of 2021 and continue to lead the global OPEC and oil markets.
The kingdom's approach to transitioning from a fossil fuel-driven economy to more sustainable alternatives has pushed the chemical industry to build a solid foundation in providing hydrocarbon supply, as countries globally commit to reducing carbon emissions by 2030. As a result, businesses handling natural gas and value-added midstream hydrocarbon activities such as refining, petrochemicals, and minerals are poised to see buoyant growth in the coming years.
Market Research Saudi Arabia will provide chemical and energy advisory services for clients across a wide range of Emirate market areas, including petrochemical and agrochemicals, chemical 4.0, and sustainability & circular economy. Our professional consultants will guide you to face market challenges and build the right strategy to enter the industry."