Report

The Egypt Bulk Chemicals market is poised to exhibit substantial growth over the forecast period from 2024 to 2028. This growth is primarily driven by the escalating demand across various industries, including healthcare, food & beverage, automotive, construction, agriculture, and virtually all sectors that require chemicals in substantial quantities. The expansive applications of commodities in this market have led to its leadership by prominent players boasting expanded portfolios characterized by refined and modern management approaches.

The term "Egypt bulk chemicals market" encompasses the production and distribution of significant quantities of chemicals utilized across diverse sectors, including pharmaceuticals, agriculture, construction, and manufacturing. Egypt also holds a prominent status as a chemicals producer in the Middle East and Africa region. The country boasts a well-established chemical industry with a considerable presence of both local and multinational companies actively participating in the market. Among the key players in the Egypt bulk chemicals market are Sidi Kerir Petrochemicals Company (SIDPEC), Egyptian Petrochemicals Company (EPC), and Abu Qir Fertilizers and Chemicals Industries Company (AFC).

The surge in the demand for bulk chemicals in Egypt is propelled by several factors, notably the country's substantial population, burgeoning industrialization, and the escalating needs of end-user industries. Moreover, government efforts aimed at promoting foreign investment and bolstering local production are expected to further catalyze the expansion of the bulk chemicals market in Egypt. The Egypt bulk chemicals market encompasses pivotal products like ammonia, methanol, urea, sulfuric acid, as well as other fertilizers and chemical products. These essential products find applications across industries such as agriculture, textiles, construction, and healthcare.

**Driving Market Growth: Rising Demand for Construction Activities in the Region**
The construction sector in Egypt is undergoing rapid growth, generating heightened demand for bulk chemicals essential to the industry. The Egyptian government's implementation of policies supporting construction sector growth has led to a surge in construction activities nationwide. Notably, the construction industry is expanding at an accelerated pace driven by factors such as the country's growing population, urbanization trends, and heightened demand for housing and infrastructure. According to data from the Central Agency for Public Mobilization and Statistics (CAPMAS), the construction sector's contribution to the country's Gross Domestic Product (GDP) stands at approximately 6.3%.

Bulk chemicals hold significant importance in the construction sector, as they play a pivotal role in enhancing the durability, strength, and safety of structures. Chemicals like cement additives, coatings, and concrete admixtures find widespread use in the construction industry, enhancing construction materials' quality and longevity.

The Egyptian government's initiatives to bolster the construction sector have resulted in increased construction activities nationwide. Notably, the launch of the "New Urban Communities Authority" program in 2019 aims to foster the development of new urban communities across Egypt. This program is poised to spur residential and commercial building construction, along with infrastructure projects. The government's investments in substantial infrastructure projects like the New Administrative Capital and the Suez Canal Economic Zone are anticipated to generate further demand for bulk chemicals used in construction.

To support both the construction industry's growth and the associated demand for bulk chemicals, the Egyptian government has instituted several initiatives. These include reductions in customs duties on construction materials, including bulk chemicals, to incentivize investments in the sector. Additionally, the "Egypt Vision 2030" program prioritizes the enhancement of the nation's infrastructure and economic growth. As a result, these combined efforts and the heightened demand for infrastructure projects are expected to drive growth in the Egypt bulk chemical market.

**Propelling Market Growth: Expanding Agricultural Activities and Sector**
The agricultural sector in Egypt has experienced significant expansion, driven by factors such as the nation's fertile soil, favorable climate, and governmental focus on sectoral support. According to data from the Central Agency for Public Mobilization and Statistics (CAPMAS), the agricultural sector contributed approximately 12.1% to the country's Gross Domestic Product (GDP) in 2020.

Bulk chemicals play a critical role in the agricultural sector, particularly in the production of agrochemicals such as fertilizers, pesticides, and herbicides. These chemicals are essential in enhancing crop yields and quality. The sector's expansion has consequently led to an increased demand for bulk chemicals, making Egypt an attractive destination for both local and foreign investors in the bulk chemical market.

The Egyptian government has implemented several initiatives to bolster the agricultural sector's expansion and the associated demand for bulk chemicals. Notably, investments in irrigation projects to enhance water supply to farmland have resulted in increased agricultural productivity. Moreover, the promotion of modern farming techniques such as precision agriculture and vertical farming, which rely on bulk chemicals, further emphasizes the government's commitment to the sector.

As a means to encourage investment in agriculture and the bulk chemical market, the government has reduced customs duties on agricultural inputs, including bulk chemicals. Furthermore, the "Egypt Vision 2030" program underlines the government's priority of enhancing the agricultural sector and bolstering food security in the nation. Consequently, the agricultural sector's expansion in Egypt, driven by the demand for fertilizers, pesticides, and herbicides, is projected to drive the demand for bulk chemicals and create attractive opportunities for local and foreign investors.

**Driving Market Growth: Expanding Manufacturing Activities**
The manufacturing industry holds significant importance in Egypt's economy, contributing notably to the country's Gross Domestic Product (GDP) while offering substantial employment opportunities. The burgeoning manufacturing activities in

Egypt have yielded positive effects on the bulk chemical market, given their critical role in the production of a wide array of products.

The manufacturing sector has been growing at a robust pace in Egypt, driven by strategic factors such as the nation's advantageous geographic location, the availability of skilled labor, and governmental emphasis on sectoral support. According to data from the Central Agency for Public Mobilization and Statistics (CAPMAS), the manufacturing sector's contribution to the country's GDP increased from 16.8% in 2020.

Bulk chemicals, including adhesives, coatings, and solvents, are integral to the manufacturing industry's production processes. These chemicals play a crucial role in the creation of various products, such as automobiles, electronics, and textiles. The growing manufacturing activities have spurred heightened demand for these chemicals, positioning Egypt as an appealing prospect for local and foreign investors in the bulk chemical market.

To stimulate investments in the manufacturing sector and the bulk chemical market, the Egyptian government has introduced multiple initiatives. Notably, the "Industrial Modernization Program" focuses on modernizing the nation's manufacturing sector and bolstering its competitiveness. Additionally, investments in infrastructure projects such as industrial parks and special economic zones aim to attract more investments to the sector.

To incentivize investments in manufacturing and the bulk chemical market, the government has decreased customs duties on industrial inputs, which includes bulk chemicals. Furthermore, significant government support is directed towards the "Egypt Vision 2030" program, aiming to fortify the development of the manufacturing sector and amplify the country's exports. Consequently, the surging manufacturing activities in Egypt hold substantial influence over the bulk chemical market's growth and are anticipated to drive growth over the forecast period.

Market Segmentation
Egypt Bulk Chemicals market is segmented based on type and end user industries. Based on type, the market is further bifurcated into organic and inorganic. Based on end user industries, the market is further divided into healthcare, food & beverage, automotive, construction, agriculture, and others.
Market Players
BASF SE Middle East, Chemical Industries Holding Company, Abu Qir Fertilizers and Chemicals Industries Company (ABUK), Egyptian Petrochemicals Company (EPC), Delta Fertilizers and Chemicals Company (DFC), Alexandria Mineral Oils Company (AMOC), National Company for Chemical Industries (NCCI), Arab Fertilizers and Chemicals Industries Ltd, AkzoNobel NV, and Solvay SA are the key players operating in the Egypt bulk chemicals market.

Report Scope:
In this report, Egypt Bulk Chemicals market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
� Egypt Bulk Chemicals Market, By Type:
o Organic
o Inorganic
� Egypt Bulk Chemicals Market, By End User Industries:
o Healthcare
o Food & Beverage
o Automotive
o Construction
o Agriculture
o Others
� Egypt Bulk Chemicals Market, by Region
o Cairo
o Alexandria
o Giza
o Qalyubia
o Port Said
o Suez
o Rest of Egypt
o Southern

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Egypt bulk chemicals market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company�s specific needs. The following customization options are available for the report:
Company Information
� Detailed analysis and profiling of additional market players (up to five).