Saudi Arabia Paints & Coatings Market

  • ID: 4402647
  • Report
  • Region: Saudi Arabia
  • 150 pages
  • Mordor Intelligence
1 of 4


  • 3M
  • Akzonobel N.V
  • Caparol Paints (Daw)
  • Hempel
  • Jotun
  • Kansai Paints Co. Ltd.
  • MORE
Saudi Arabia Paints & Coatings Market

The Saudi Arabia paints & coating market was estimated at USD 2,117.86 million and 1,029.87 kilo tons in 2016. The market is expected to achieve a CAGR of 5.41% and 4.26% in value and volume terms respectively through the forecast period, 2018-2023.

Saudi Arabia accounts for more than half of paints & coatings consumption in GCC countries. The market in the Saudi Arabia is just beginning to emerge as a growing market, owing to the large-scale construction projects that are being undertaken. A considerable amount of research is being done on how to reduce the environmental impact of marine coatings during the ship life cycle. With the emergence of green buildings and nano-coatings, the world is a step closer to becoming a healthier and safer place to live in. Near-infrared (NIR) coatings and tiles reduce heating of dark-colored surfaces on roofs and facades. Sun-reflective building materials help achieve a reduction of cooling loads and improve thermal comfort. They are often seen in roofing; there are also tentative applications for facades.

Market Dynamics

An increasing population, a growing demand for new houses due to the rising number of nuclear families, an increasing market for automobiles, and growing urbanization in the country is propelling the growth of the paints & coatings market. However, stringent regulations of environmental protection resulting in less number of approvals is hindering the growth of this market.

Market Segmentation

The Saudi Arabia pants & coatings market is segmented on the basis of product type, and end-user industry. By product type, the market has been segmented into alkyd (architectural & industrial), polyurethane, epoxy, zinc, and others. By end-user industry, the market is segment into industrial and architectural. These both segments are further segmented into - industrial (automotive, marine, consumer durables, industrial wood, and others) and architectural (interior & exterior wall; wood finishes; primers, fillers, & top coats; floor coatings; enamel, putty & others). The Saudi Arabia protective coatings segment has been segmented into coil coatings, heat-resistant coatings, anti-fouling coatings, corrosion protective coatings, and others.

Opportunities and Major Players

Furthermore, the rising demand for eco-friendly paints & coatings is anticipated to offer numerous opportunities for the growth of the Saudi Arabia paints & coatings market. Some of the major companies dominating this market are:
AkzoNobel N.V
Caparol (DAW)
Sherwin Williams
Sigma (PPG) Paints
Al-Jazeera Factory for Paints
Kansai Paints Co. Ltd

Key Deliverables in the Study:

Market analysis for the Saudi Arabia paints & coatings market, with region-specific assessments and competition analysis on country scale.
Market definition along with the identification of factors instrumental in changing the market scenario and prospective opportunities.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the Saudi Arabia paints & coatings market on country scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Note: Product cover images may vary from those shown
2 of 4


  • 3M
  • Akzonobel N.V
  • Caparol Paints (Daw)
  • Hempel
  • Jotun
  • Kansai Paints Co. Ltd.
  • MORE
1. Introduction
1.1 Description
1.2 Research Methodology
1.3 Scope of the Report

2. Executive Summary

3. Market Insights
3.1 Current Market Scenario
3.2 Industry Value Chain Analysis
3.3 Regulatory Policy Analysis
3.4 Porter’s Five Forces
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Consumers
3.4.3 Threat of New Entrants
3.4.4 Threat of Substitute Products and Services
3.4.5 Degree of Competition

4. Market Dynamics
4.1 Drivers
4.1.1 Emergence of New Infrastructure Projects and Recovering Growth in the residential market
4.1.2 Growth of Automobile Industry
4.1.3 Increasing Urbanization in the Country
4.2 Restraints
4.2.1 Increasing Raw Material Costs
4.2.2 Environmental Impact And Regulations
4.3 Opportunities
4.3.1 Rising Demand For Eco-Friendly Products

5. Market Segmentation (By value and Volume)
5.1 By Product Type
5.1.1 Alkyd Architectural Industrial
5.1.2 Polyurethane
5.1.3 Epoxy
5.1.4 Zinc
5.1.5 Others
5.2 By End-User
5.2.1 Industrial Applications Automotive Sector Marine Paints Consumer Durables Industrial Wood Coatings Other Industrial Application
5.2.2 Architectural Applications Interior and Exterior Wall Paints Exterior Emulsion (for Texture) Others Wood Finishes Primers, Fillers & Top Coat (Smooth Finishes) Floor Coatings Enamel, putty and other applications
5.3 Protective Coatings
5.3.1 Coil Coatings
5.3.2 Heat-Resistant Coatings
5.3.3 Anti-Fouling Coatings
5.3.4 Corrosion-Protective Coatings
5.3.5 Others
5.4 By Consumer Type in Architecture
5.4.1 BIY - Buy it yourself
5.4.2 Professional

6. Future Market Outlook

7. Competitive Landscape
7.1 Market Share Analysis (value and volume the market share)
7.2 Strategies Adopted by Leading Players
7.3 Mergers, Acquisitions, Collaborations & Joint Ventures

8. Company Profiles
8.1 3M
8.2 AkzoNobel N.V
8.3 Al Jazeera Paints Factory for Paints
8.5 Hempel
8.6 Jotun
8.7 Kansai Paints Co. Ltd.
8.8 Oasis Ameron Paints Ltd.
8.9 Sherwin Williams
8.10 SIGMA (PPG) Paints
8.11 SIKA AG
8.12 Univest
*The List is not Exhaustive

9. Disclaimer
Note: Product cover images may vary from those shown
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4 of 4
  • 3M
  • Akzonobel N.V
  • Al Jazeera Paints Factory for Paints
  • Caparol Paints (Daw)
  • Hempel
  • Jotun
  • Kansai Paints Co. Ltd.
  • Oasis Ameron Paints Ltd.
  • Sherwin Williams
  • Sigma (Ppg) Paints
  • Sika Ag
  • Univest
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown