UAE GDP: AED 2.03T ▲ 5.7% | Non-Oil GDP Share: 84.3% ▼ -5.2pp | FDI Inflows: $45.6B ▲ 48.7% | GDP Growth: 4.0% ▲ -0.3pp vs 2023 | Inflation: 1.7% ▼ +0.0pp vs 2023 | Female Participation: 55.1% ▲ +0.6pp vs 2023 | Population: 11.0M ▲ 4.8% | Emiratisation Rate: 12.5% ▲ 2.1pp | Global Competitiveness: #7 ▲ 3 places | Clean Energy Capacity: 7.2 GW ▲ 18.4% | ADX Index: 9,842 ▲ 4.7% | DFM Index: 4,621 ▲ 6.2% | UAE GDP: AED 2.03T ▲ 5.7% | Non-Oil GDP Share: 84.3% ▼ -5.2pp | FDI Inflows: $45.6B ▲ 48.7% | GDP Growth: 4.0% ▲ -0.3pp vs 2023 | Inflation: 1.7% ▼ +0.0pp vs 2023 | Female Participation: 55.1% ▲ +0.6pp vs 2023 | Population: 11.0M ▲ 4.8% | Emiratisation Rate: 12.5% ▲ 2.1pp | Global Competitiveness: #7 ▲ 3 places | Clean Energy Capacity: 7.2 GW ▲ 18.4% | ADX Index: 9,842 ▲ 4.7% | DFM Index: 4,621 ▲ 6.2% |

Definition

A petrochemical is any chemical compound derived from petroleum or natural gas through industrial refining and processing. Petrochemicals fall into three primary categories: olefins such as ethylene and propylene, aromatics such as benzene and toluene, and synthesis gas derivatives including methanol and ammonia. These base chemicals serve as building blocks for manufacturing plastics, synthetic fibers, rubber, detergents, adhesives, fertilizers, pharmaceuticals, and thousands of other industrial and consumer products. The petrochemical industry sits downstream of crude oil refining and represents a critical value-addition step in the hydrocarbon supply chain.

UAE Context

The UAE has developed a world-scale petrochemical sector anchored at the Ruwais Industrial Complex in Abu Dhabi’s Al Dhafra region. Borouge, a joint venture between ADNOC and Austria’s Borealis, operates one of the largest integrated polyolefin complexes globally, producing polyethylene and polypropylene for export across Asia, Africa, and the Middle East. ADNOC’s TA’ZIZ industrial chemicals zone at Ruwais is attracting international joint venture partners to build new specialty chemical plants, including facilities for chlor-alkali products, industrial gases, and performance materials. Dubai-based ENOC and Sharjah-based operators contribute additional downstream capacity, broadening the UAE’s petrochemical footprint beyond Abu Dhabi.

Key Facts

AttributeDetail
Primary categoriesOlefins, aromatics, synthesis gas derivatives
UAE hubRuwais Industrial Complex, Al Dhafra, Abu Dhabi
Key JVBorouge (ADNOC and Borealis)
Major productsPolyethylene, polypropylene, specialty chemicals
Expansion zoneTA’ZIZ at Ruwais for next-generation chemical plants
End-use sectorsPlastics, packaging, agriculture, construction, automotive
Global rankingBorouge among the largest polyolefin producers worldwide

Vision 2031 Relevance

Petrochemical expansion is a strategic pillar of Vision 2031 because it converts low-margin raw hydrocarbons into high-value manufactured products, multiplying revenue per barrel of crude oil processed. The growth of Ruwais and TA’ZIZ supports the UAE’s Operation 300bn industrial strategy by creating advanced manufacturing jobs, attracting foreign direct investment, and building export-oriented supply chains. As the global economy continues to demand plastics and polymers for packaging, construction, and technology, the UAE’s petrochemical capacity ensures continued economic relevance even as the world gradually transitions away from burning fossil fuels for energy.