Middle East Bio-based Platform Chemicals Market Size, Share & Trends Analysis growing at a CAGR of 5.4% from 2025 to 2033

The Middle East bio-based platform chemicals market size was estimated at USD 353.8 million in 2024 and is projected to reach USD 563.4 million by 2033, growing at a CAGR of 5.4% from 2025 to 2033. The market is driven by increasing government initiatives to diversify economies beyond oil and promote sustainable industrial development.

Key Market Trends & Insights

  • Saudi Arabia dominated the Middle East bio-based platform chemicals market with the largest revenue share of 51.20% in 2024.
  • The market in the UAE is expected to grow at a significant CAGR of 5.4% from 2025 to 2033.
  • By Product, the Aspartic Acid segment is expected to grow at the highest CAGR of 7.2% from 2025 to 2033 in terms of revenue.

Market Size & Forecast

  • 2024 Market Size: USD 353.8 Million
  • 2030 Projected Market Size: USD 563.4 Million
  • CAGR (2025-2030): 5.4%
  • Saudi Arabia: Largest market in 2024
  • UAE: Fastest growing market

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Rising investments in bio-refineries and renewable chemical production support the shift toward low-carbon manufacturing. The region’s abundant biomass potential, particularly from agricultural residues, provides a viable feedstock source. In addition, growing demand for eco-friendly materials in packaging, construction, and automotive sectors is accelerating market adoption.

The market is being propelled by the region’s strategic push to integrate advanced chemical manufacturing into its industrial value chain. As part of long-term economic transformation plans, countries such as Saudi Arabia and the UAE invest in next-generation chemical technologies to capture higher-value market segments. Bio-based platform chemicals, derived from renewable sources, are increasingly viewed as a means to reduce dependency on volatile fossil fuel markets while tapping into the growing global demand for sustainable materials. Expanding research partnerships between regional entities and global biotech firms accelerates technology transfer and commercialization.

Another key growth driver is the rising adoption of circular economy principles in industrial operations. Governments and major chemical producers are exploring utilizing agricultural residues, food waste, and other organic feedstocks to produce succinic acid, lactic acid, and 1,4-butanediol. This approach supports environmental objectives and creates new value streams from underutilized resources. In addition, policy frameworks promoting low-emission manufacturing and green export offerings encourage companies to scale up bio-based chemical production, positioning the Middle East as a competitive supplier in the global sustainable chemicals market.

Middle East Bio-based Platform Chemicals Market Report Scope

Report Attribute

Details

Market size value in 2025

USD 370.0 million

Revenue forecast in 2033

USD 563.4 million

Growth rate

CAGR of 5.4% from 2025 to 2033

Base year for estimation

2024

Historical data

2021 – 2023

Forecast period

2025 – 2033

Quantitative units

Volume in kilotons, revenue in USD million/billion, and CAGR from 2025 to 2033

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Products, region

Regional scope

Middle East & Africa

Country scope

Oman; Kuwait; Saudi Arabia; UAE; Qatar; Bahrain; Israel; ROME

Key companies profiled

Cargill Incorporated; DSM-Firmenich; GFBIOCHEMICALS; Mitsubishi Chemical Group Corporation; PTT Global Chemical Public Company Limited; BASF SE; Tate & Lyle; Braskem; Evonik Industries AG; DuPont; Atkin Chemicals, Inc.; Champlor; LyondellBasell Industries Holdings B.V.; NIPPON SHOKUBAI CO., LTD.; SABIC; Corbion; Novozymes A/S.

Customization scope

Free report customization (equivalent up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

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