Middle-East & Africa Paints & Coatings Market

  • ID: 4402655
  • Report
  • Region: Africa
  • 175 pages
  • Mordor Intelligence
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  • Akzonobel N.V.
  • Basf Middle East Llc
  • Beckers
  • Caparol
  • Firacolor
  • Hempel
  • MORE
Middle East and Africa Paints & Coatings Market

The paints & coating market in the Middle East & Africa (MEA) is expected to value at USD 9,602.93 million (in terms of revenue) and 4,015.48 kilotons (in terms of volume) in 2017. The market is expected to achieve a CAGR of 6.16%, and 5.07%, respectively, over the forecast period, 2018-2023.

The paints & coatings industry in MEA is an emerging market owing to large-scale construction projects that are currently underway. Most Middle Eastern countries have invested a considerable amount in their construction industries over the last decade. This is a result of the plan to diversify their economies from oil and oil-related business activities to other industry sectors; tourism has become the major focus. However, due to budget constraints caused by continued low crude oil prices, countries in MEA had cut down their expenditure on infrastructure in 2016, reducing the sales of paints & coatings in the region.

In this report, the MEA market has been categorized into industrial and architectural coatings. The architectural coatings segment occupies a major share of the MEA market, in terms of volume; this segments accounted for nearly 77% of the regional sales in 2017, and it is expected to register a considerable growth rate during the forecast period. Sales in the industrial coatings segment have been recording slower growth rates, owing to reduced industrial activities caused by reduced crude oil exploration and production activities.

The MEA market has also been segmented by technology into water-borne, solvent-borne, radiation cured and others. The water-borne coatings segment is expected to record the highest growth rate during the forecast period, owing to the increasing use of water-borne adhesives in architectural coatings. The solvent-borne coatings segment still dominates the industrial coatings segment, as they more efficient than the rest.

The market has been segmented be regions into Saudi Arabia, Jordon, Egypt, UAE, Qatar, Kuwait, South Africa and Nigeria. Saudi Arabia accounted for the largest share, country-wise in 2017. Egypt and Jordon are expected to record the fastest growth rates during the forecast period, owing to the increased spending in construction activities and growing industrial activities in the countries.

Some of the major companies dominating this market are AkzoNobel Coatings, BASF, Jotun, Hempel and Al-Jazeera Factory for Paints.

Key Deliverables in the Study:

Market analysis for the global chlorine market, with region specific assessments and competition analysis on global scale

Market definition along with the identification of factors instrumental in changing the market scenarios and prospective opportunities

Extensively researched competitive landscape section with profiles of major companies along with their market shares

Identification and analysis of the macro and micro factors that affect the global chlorine market on global scale

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information

Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
Note: Product cover images may vary from those shown
2 of 4


  • Akzonobel N.V.
  • Basf Middle East Llc
  • Beckers
  • Caparol
  • Firacolor
  • Hempel
  • MORE
1. Introduction
1.1 Description
1.2 Research Methodology

2. Executive Summary

3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Buyers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Regulatory Policy Analysis
3.4 Raw Material Analysis

4. Market Insights
4.1 Drivers
4.1.1 Increased Focus on Tourism & Construction in the Middle-Eastern Region
4.1.2 Growing Automotive Industry in Africa
4.2 Restraints
4.2.1 Increasing Raw Material Costs
4.2.2 Shrinkage of Construction Market in Saudi Arabia
4.2.3 Decreased Oil Exploration & Production Activities in the Region
4.3 Opportunities
4.3.1 Rising Demand for Eco-Friendly Products
4.3.2 Plans for New Luxury Real Estate Projects in Qatar

5. Market Segmentation Analysis
5.1 by Technology
5.1.1 Water-Borne
5.1.2 Solvent-Borne
5.1.3 Radiation Cured Coatings
5.1.4 Others
5.2 by Resin Type
5.2.1 Acrylic
5.2.2 Alkyd
5.2.3 Polyurethane
5.2.4 Epoxy
5.2.5 Polyester
5.2.6 Others
5.3 by Applications
5.3.1 Architectural and Decorative Applications
5.3.2 Industrial Applications Automotive Wood General Industrial Marine Protective Others

6. Regional Market Analysis
6.1 Saudi Arabia
6.2 Nigeria
6.3 Jordan
6.4 Egypt
6.5 Qatar
6.6 Kuwait
6.7 Uae
6.8 South Africa
6.9 Rest of Middle East & Africa

7. Future Market Outlook

8. Competitive Analsyis
8.1 Market Share Analysis
8.2 Strategies Adopted by Leading Players
8.3 Mergers, Acquisitions, Joint Ventures, Collaborations & Agreements

9. Company Profiles (Overview, Financials, Products & Services, Recent Developments)
9.1 Akzonobel N.V.
9.2 Sherwin-Williams
9.3 Jotun
9.4 Berger Paints Emirates Ltd (Asian Paints Ltd)
9.5 Basf Middle East Llc
9.6 Thermilate Middle-East Trading Llc
9.7 Firacolor
9.8 Al-Jazeera Factory for Paints
9.9 Beckers
9.10 Caparol
9.11 Hempel
9.12 Rpm Saudi Arabia Llc (Rpm International Inc.)
9.13 Sigma (Ppg) Paints
9.14 Terraco
9.15 Wacker Chemicals Middle East Fze (Wacker Chemie Ag)
9.16 Oasis Ameron Paints Ltd.
Note: Product cover images may vary from those shown
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4 of 4
  • Akzonobel N.V.
  • Sherwin-Williams
  • Jotun
  • Berger Paints Emirates Ltd (Asian Paints Ltd)
  • Basf Middle East Llc
  • Thermilate Middle-East Trading Llc
  • Firacolor
  • Al-Jazeera Factory for Paints
  • Beckers
  • Caparol
  • Hempel
  • Rpm Saudi Arabia Llc (Rpm International Inc.)
  • Sigma (Ppg) Paints
  • Terraco
  • Wacker Chemicals Middle East Fze (Wacker Chemie Ag)
  • Oasis Ameron Paints Ltd.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown