SABIC Saudi Basic Industries SWOT Analysis, Competitors & USP

Posted in Industrial Products and Chemicals, Total Reads: 8640

SWOT analysis of SABIC Saudi Basic Industries analyses the brand/company with its strengths, weaknesses, opportunities & threats. In SABIC Saudi Basic Industries SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.

SWOT Analysis is a proven management framework which enables a brand like SABIC Saudi Basic Industries to benchmark its business & performance as compared to the competitors and industry. SABIC Saudi Basic Industries is one of the leading brands in the industrial products and chemicals sector. The table below also lists the top SABIC Saudi Basic Industries competitors and elaborates SABIC Saudi Basic Industries market segmentation, target group, positioning & Unique Selling Proposition (USP).

SABIC Saudi Basic Industries SWOT, Competitors, Marketing STP & Brand analysis Table
SABIC Saudi Basic Industries Brand Analysis
Parent Company

Saudi Basic Industries Corporation (SABIC)

Category

Diversified Chemical

Sector

Industrial Products and Chemicals

Tagline/ Slogan

Sharing Our Futures

USP

World’s 2nd largest diversified chemicals company

SABIC Saudi Basic Industries STP
Segment

Manufacturing companies and industries

Target Group

Consumer good manufactures, Fertilizer manufacturing sector, Automotive, Electronics, Construction, Health care sector and Aircraft manufacturers

Positioning

Meeting the unmet needs of customers through innovation

SABIC Saudi Basic Industries SWOT Analysis
Strengths

Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of SABIC Saudi Basic Industries. Strengths are:

1. World's market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers.

2. Comprehensive portfolio of chemical products addressing diverse customer base and global presence in 40 countries

3. Significant research and development with 17 dedicated Technology & Innovation facilities across the globe.

4. Strong Customer Value Enhancement policies through customized process-oriented solutions

5. Nearly 40,000 employees form a part of the workforce

6. Strong backing by the Saudi govt makes it a strong player

Weaknesses

Here are the weaknesses in the SABIC Saudi Basic Industries SWOT Analysis:

1. Dumping allegations by countries like India, Turkey hamper brand image

2. Turbulent relationship with subsidiaries on Sublicensing overcharging issues

3. Weak supply chain than can affect the efficiency of SABICs network

Opportunities

Following are the Opportunities in SABIC Saudi Basic Industries SWOT Analysis:

1. Joint Ventures can help in increasing capacity and meeting demands effectively

2. Leveraging on strong innovation and technological capabilities to improve product portfolio

3. Demand for sustainable innovation in fertilizer business

Threats

The threats in the SWOT Analysis of SABIC Saudi Basic Industries are as mentioned:

1. Environmental liabilities could result in substantial costs and increased potential liabilities

2. Political instability in the Middle East might disrupt operations

3. Intense competition in petrochemical field affecting profitability

SABIC Saudi Basic Industries Competition
Competitors

Below are the top 5 SABIC Saudi Basic Industries competitors:

1.Reliance Industries Limited

2.Mitsubishi Chemical

3.Lyondell Basell Industries AF S.C.A.

4.Formosa Petrochemical Corporation

5.Braskem SA

The brandguide table above concludes the SABIC Saudi Basic Industries SWOT analysis along with its marketing and brand parameters.

Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry. Browse marketing analysis of more brands and companies similar to SABIC Saudi Basic Industries. The BrandGuide section covers SWOT Analysis, USP, STP & Competition of more than 6000 brands from over 20 categories. This SWOT and marketing analysis has been researched & authored by our BrandGuide Research Team members.

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