SABIC Saudi Basic Industries SWOT Analysis
Here is a detailed SWOT analysis of SABIC Saudi Basic Industries covering strengths, weaknesses, opportunities and threats.
SABIC Saudi Basic Industries Strengths
- World's market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers.
- Comprehensive portfolio of chemical products addressing diverse customer base and global presence in 40 countries
- Significant research and development with 17 dedicated Technology & Innovation facilities across the globe.
- Strong Customer Value Enhancement policies through customized process-oriented solutions
- Nearly 40,000 employees form a part of the workforce
- Strong backing by the Saudi govt makes it a strong player
Above are the strengths in the SWOT Analysis of SABIC Saudi Basic Industries. The strengths of SABIC Saudi Basic Industries looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
SABIC Saudi Basic Industries Weaknesses
- Dumping allegations by countries like India, Turkey hamper brand image
- Turbulent relationship with subsidiaries on Sublicensing overcharging issues
- Weak supply chain than can affect the efficiency of SABICs network
These were the weaknesses in the SABIC Saudi Basic Industries SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
SABIC Saudi Basic Industries Opportunities
- Joint Ventures can help in increasing capacity and meeting demands effectively
- Leveraging on strong innovation and technological capabilities to improve product portfolio
- Demand for sustainable innovation in fertilizer business
Above we covered the opportunities in SABIC Saudi Basic Industries SWOT Analysis. The opportunities for any brand can include prospects of future growth.
SABIC Saudi Basic Industries Threats
- Environmental liabilities could result in substantial costs and increased potential liabilities
- Political instability in the Middle East might disrupt operations
- Intense competition in petrochemical field affecting profitability
The threats in the SWOT Analysis of SABIC Saudi Basic Industries are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Hence this concludes the SABIC Saudi Basic Industries SWOT analysis.
About SABIC Saudi Basic Industries
The table below gives the brand overview along with its target market, segmentation, positioning & USP
| SABIC Saudi Basic Industries Overview | |
|---|---|
| Parent Company |
Saudi Basic Industries Corporation (SABIC) |
| Category |
Diversified Chemical |
| Sector | |
| Tagline/ Slogan |
Sharing Our Futures |
| USP |
World’s 2nd largest diversified chemicals company |
| SABIC Saudi Basic Industries STP | |
| Segmentation |
Manufacturing companies and industries |
| Target Market |
Consumer good manufactures, Fertilizer manufacturing sector, Automotive, Electronics, Construction, Health care sector and Aircraft manufacturers |
| Positioning |
Meeting the unmet needs of customers through innovation |
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