Saudi Arabia refined petroleum products market expected to grow from $31.07B in 2023 to $45.31B by 2029, CAGR 6.33%.

The Saudi Arabia refined petroleum products market, valued at USD 31.07 billion in 2023, is projected to grow to USD 45.31 billion by 2029, reflecting a CAGR of 6.33%. Key trends include the integration of refining and petrochemical operations, and a shift towards cleaner fuels driven by regulatory standards and consumer demands. The government's Vision 2030 initiative further supports this growth, emphasizing diversification and investment in advanced refining technologies.

September 20, 2024
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