The chemicals market in Oman presents a unique landscape characterized by fluctuating demand and strategic growth opportunities. Recent trade data indicates that chemicals, specifically ammonia, fertilizers, and sulphuric acid, play a crucial role in Oman"s industrial output. Notably, the country"s fuel exports, which constitute 74% of merchandise exports, provide a foundation for the chemicals sector"s expansion, given the symbiotic relationship between petroleum products and chemicals production. Economic indicators reveal a consistent rise in greenhouse gas emissions, with carbon dioxide emissions increasing by over 13% from 2020 to 2022. This environmental challenge presents an opportunity for innovation in creating more sustainable chemical manufacturing processes, particularly in the areas of fertilizers and pesticides where nitrogen and phosphoric acid are heavily utilized. The increasing demand for eco-friendly products globally can drive Omani producers to adopt greener technologies. Globally, Oman"s chemicals sector is competing with countries that have higher R&D investments. Although Oman’s expenditure on R&D is relatively low at 0.
275% of GDP, there is a gradual increase in high-technology exports and scientific outputs, indicating potential for growth. By comparing this with global trends, businesses can identify gaps in technological advancement and sustainability practices that could position Oman as a leader in certain niche markets. Navigating the complex global market requires innovative solutions. Aritral. com, an AI-driven B2B platform, offers services such as Product Listing, Direct Communication, and AI-Powered Marketing to enhance business growth in international trade. By leveraging Aritral’s tools, companies in Oman can effectively manage their profiles, communicate directly with global partners, and utilize AI to target their marketing efforts efficiently, thus overcoming market barriers and tapping into new growth areas.
-
فرهاد و صدیقه للتجارة ش م م 7 months ago
Oman Chemical fertilizer
-
Fady 8 months ago
Oman Liquid Detergents