Increasing Construction Activities Driving the Market
Architectural paints & coatings, owing to their corrosion and temperature resistance, increased durability on end products, and low fire-hazards risks properties, are becoming an integral part of various commercial and residential sectors. The country’s construction industry is growing rapidly. Some of the major commercial projects include:
Ruwais – Housing Complex Expansion Phase IV
Millennium Estates in Meydan City
The Address Residence Sky View in Downtown Dubai, etc.
Emirati Housing at Jebel Hafeet, Al Ain
The above-mentioned and upcoming infrastructural and construction activities are expected to boost the consumption of architectural paints & coatings in the country.
Water-Borne Technology – The Dominant Technology Type
The VOCs released from solvent-borne coatings are the core reason for the switch of manufacturers to water-borne coatings. Also, other properties, like low odor, more durability, and more block resistance make water-borne coatings preferable. There are many regulations from the government that support the usage and adoption of water-based coatings. In recent times, there has been a propensity towards coatings with high usability and water clean-up characteristics among the users, and low viscosity without the addition of low-molecular weight monomers.
Notable Developments in the Market
April 2017: Kansai completed the acquisition of Helios Group.
Major Players: Hempel, PPG Industries, AkzoNobel N.V., and Al-Jazeera Factories, among others.
Reasons to Purchase the Report
- Analyze how the growing construction activates will drive the market
- Analyze various perspectives of the market with the help of Porter’s five forces analysis
- The technology that is expected to dominate the market
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3 month analyst support, along with the Market Estimate sheet (in Excel)
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1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
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 Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1.1 Increasing Construction Activities
4.1.2 Other Drivers
4.2.1 Rise in Prices of Raw Materials
4.2.2 Other Restraints
4.3.1 Increase in the Demand for Bio-based and Eco-friendly Paints & Coatings
4.3.2 Other Opportunities
5. Market Segmentation and Analysis (Market Size, Share, and Forecast)
5.1 By Construction
5.2 By Application
5.3 By Technology
5.4 By Resin Type
5.4.1 Vinyl Acrylate
5.4.2 Pure Acrylics
5.4.4 Styrene Acrylics
6. Competitive Landscape
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
7. Company Profiles (Overview, Financials**, Products & Services, Recent Developments)
7.1 Akzonobel N.V.
7.2 Arya Paints
7.3 Berger Paints Emirates Ltd
7.4 Daw SE
7.5 Emver Paints
7.6 Gulf Paints
7.9 Kansai Paints Co. Ltd
7.10 Mas Paints
7.11 National Paints Factories Co.
7.12 PPG Industries
7.14 Sigma (PPG) Paints
*List not exhaustive
**Subject to availability on public domain
- AKZONOBEL N.V.
- ARYA PAINTS
- BERGER PAINTS EMIRATES LTD
- DAW SE
- EMVER PAINTS
- GULF PAINTS
- KANSAI PAINTS CO. LTD.
- MAS PAINTS
- NATIONAL PAINTS FACTORIES CO.
- PPG Industries
- SIGMA (PPG) PAINTS