Saudi Arabia Catalysts Market Research Report: Forecast (2025-2030)

Market Insights & Analysis: Saudi Arabia Catalysts Market (2025-30):

The Saudi Arabia Catalysts Market size is valued at around USD 414 million in 2025 and is projected to reach USD 531 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.10% during the forecast period, i.e., 2025-30. The Saudi Arabia Catalysts Market is significantly growing due to several growth factors, including the chemical & petrochemical expansion, the large-scale production of green hydrogen, the active support by the Saudi government, the robust collaborations and strategic partnerships of the global & local players, the widespread integration of nanoparticles in the formation of catalysts, and many more.

One of the most prominent growth opportunities is the rising demand for clean hydrogen production catalysts in the country, which will be extensively used in green hydrogen production in Saudi Arabia. For instance, the upcoming NEOM Green Hydrogen Project in the OXAGON region of NEOM aims to produce 600 tons of green hydrogen daily, which is expected to be completed by the end of 2027. Similarly, the Yanbu Green hydrogen project plans to manufacture 400,000 tons of green hydrogen per year. These kinds of projects are creating ample growth opportunities for the market players of the Saudi Arabian Catalysts Industry.

Additionally, the rising collaborations and partnerships between the global companies and the domestic manufacturers are increasing the market growth to avoid import dependence. For instance, the In-Kingdom Total Value Add (IKTVA) localization program aimed to increase the local manufacturing industry, and as of 2025, this scheme has increased the production of over 47 new products with more than 350 manufacturing facilities, contributing to the potential market growth. Moreover, the adoption of nano-engineered catalysts is gaining traction in this market, as these are highly efficient and stable over conventional catalysts, thus accelerating the market revenue growth. However, the high production costs and fragmented supply chains are restraining the smooth market growth & expansion.

Saudi Arabia Catalysts Market Scope:

Saudi Arabia Catalysts Market Driver:

Widespread Production of Olefins & Polymers – The market growth is driven by the well-established petrochemical industry, producing olefins (ethylene & propylene) and polymers in Saudi Arabia, which require a high volume of catalysts to speed up the reactions. For instance, on average, Saudi Arabia annually produces approximately 7 million tons of ethylene and propylene individually. Similarly, the production capacity of Saudi Arabia to produce polymers is about 20 million tons per year, which is significantly high and contributes to the rising demand for catalysts in the country. These industries are actively using a substantial amount of various types of catalysts, thus augmenting market size & volume.

Consequently, the country has started producing approximately 3,000 metric tons of catalysts per year by some major manufacturers, including Axens Catalyst Arabia Ltd. (ACAL), a joint venture between Axens and Saudi Aramco, showing the market growth potential during the forecast period.

Saudi Arabia Catalysts Market Opportunity:

Increasing Investments & Strategic Collaborations – The rising investments by the companies and active collaborations are creating ample growth opportunities for the market players in this market. For instance, in 2025, Saudi Aramco and REZEL Corporation collaborated and plan to establish an advanced catalysts manufacturing facility in the country to increase local production.

Similarly, the SABIC catalyst investments (2023) planned to construct three new manufacturing facilities in the country to produce catalysts in large quantities locally and to avoid import dependence. Additionally, Axens Catalyst Arabia Limited was recently expanded in 2024 to produce Tail Gas Treatment Catalysts in Saudi Arabia. All these efforts are showing the bright prospects of the Saudi Arabian Catalysts Industry, and market players have a positive market landscape to grow in size & volume in the coming years.

Saudi Arabia Catalysts Market Challenge:

High Production Costs & Supply Chain Fragmentation – One of the major challenges in this market is the high capital investments in the production and utilization of catalysts in the reactions, due to the usage of extremely expensive catalysts, such as platinum, palladium, zeolites, and many more. It creates a financial barrier in front of the small-scale enterprises and prevents them from entering the market. Thus, restricting the further growth & expansion of the Catalysts Market in Saudi Arabia. For instance, the production costs depend on the type of industry in which they are used, ranging between USD 30,000 to USD 70,000, which is significantly high, thus restraining further market growth.

Moreover, the price of raw materials is highly fluctuating, and frequent policy changes by the country’s government increase the overall costs of the raw materials to be imported, which leads to supply chain disruptions, ultimately causing losses to manufacturers, thus hindering the smooth progression of this industry.

Saudi Arabia Catalysts Market Trend:

Rising Adoption of Nano-engineered Catalysts – The market dynamics are changing due to the adoption of nano-based catalysts in the growing petrochemical and refining industries, which are highly efficient, provide more surface area for the reactions, and offer high selectivity and stability for faster reactions as compared to traditional catalysts. Several major players like Advanced Energy Materials (AEM), Saudi Basic Industries Corporation (SABIC), Saudi Aramco, and many more have started actively manufacturing nano-based catalysts in the country. For instance, Saudi Aramco recently developed a nickel-molybdenum nanocatalyst integrated in the magnesium oxide crystal that has positively shown the CO2 capture abilities.

Similarly, in 2024, AEM exported products, including nano-engineered catalysts worth USD 300,000 to Saudi Arabia for the hydrogen production and oil & gas refineries. These kinds of product launches are proactively transforming the growth of the Saudi Arabia Catalysts Market.

Saudi Arabia Catalysts Market (2025-30): Segmentation Analysis

The Saudi Arabia Catalysts Market study of MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment & includes predictions for the period 2025–2030 at the national level. Based on the analysis, the market has been further classified as:

Based on Product Type:

• Heterogeneous Catalysts
  • Hydrocracking Catalysts
  • Reforming Catalysts
  • Additives & Others
  • Hydrotreating Catalysts
• Homogeneous Catalysts
• Others

Out of these, heterogeneous catalysts dominate the Saudi Arabia Catalysts Market, accounting for more than 55% of the market share. The dominance is due to their wide range of applications, including the petrochemical industry, chemical manufacturing, and oil & gas refineries, over homogeneous catalysts in the country. This is due to their beneficial properties, such as the high capacity to withstand extreme temperatures and pressure, a solid physical state, which can be easily separated from the reactions, unlike the homogenous catalysts, which are mostly liquids and dissolve in the reactions. Additionally, these are reusable, while homogenous ones are not easily separated from the reactions.

Consequently, heterogeneous catalysts are highly cost-effective as compared to homogeneous ones, thus highly preferred types of catalysts in the country. For instance, the heterogeneous catalysts can range between USD 100 to USD 200 per kilogram; however, the homogeneous catalysts can exceed several thousand dollars per kilogram, thus contributing to the dominance of heterogeneous catalysts in this market.

Based on Distribution Channel:

• Direct Sales
• Distributors
• Specialty stores
• Online Retail
• Others

Among these, the direct sales are the leading distribution channel of the Saudi Arabia Catalysts Market, accounting for more than 48% market share. These are dominating due to the direct and timely supplies by the manufacturers to the large industrial clients efficiently, without the involvement of any intermediary seller. This builds trust and strong relationships between both parties, and thus is a highly preferred distribution channel in this market.

Additionally, the commercial projects, such as water treatment, oil & gas recovery, and many more, require large quantities of raw materials, including catalysts, which can be easily supplied by these direct channels without delays, thus generating maximum market revenue. Several players, such as Haldor Topsoe, BASF, Johnson Matthey, etc., and many more, are some of the major direct suppliers, selling catalysts in Saudi Arabia.

Saudi Arabia Catalysts Industry Recent Development:

• 2025: REZEL Catalysts Corporation signed a Memorandum of Understanding (MoU) with Saudi Aramco to build Saudi Arabia's first catalyst manufacturing and metals reclaiming plant.
• 2025: Axens Catalyst Arabia Limited (ACAL) completed an expansion of its ACAL site in Dammam to produce Tail Gas Treatment (TGT) catalysts. This upgrade enhances local sulfur recovery capabilities for the oil and gas industry.

Gain a Competitive Edge with Our Saudi Arabia Catalysts Market Report

1. Saudi Arabia Catalysts Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
2. This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
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