Middle East and Africa Paints & Coatings Market 2019-2027

Market Outlook

This report on the Middle East and Africa paints & coatings market states that it is expected to rise with a CAGR of 4.88% in terms of revenue and a CAGR of 4.47% in terms of volume over the forecasting years of 2019-2027.

Saudi Arabia, Turkey, the UAE, South Africa and countries in rest of the Middle East & Africa together constitute the paints & coatings market in the MEA region. The rising environmental concerns, combined with growing health & safety considerations, are encouraging the majority of the current technological developments in the paints & coatings industry. Majority of the present paints & coating production techniques have been identified as the main sources of VOC emissions. As a result, the manufacturers are shifting towards the adoption of sustainable products, namely two categories - eco-friendly organic paints & coatings and eco-friendly conversion paints & coatings.

The manufacturers, however, are shifting their focus towards the development and adoption of more environment-friendly conversion painting & coating techniques and bases to be used. This is because of the growing environmental concerns and the toxic nature of chromium. Manufacturers have developed new pretreatment techniques that require the application of zirconium oxide on a metal surface by either sol-gel method or rinsing with a hexafluorozirconic acid solution. This shift towards the adoption of sustainable products provides immense opportunities for the growth of the paints & coatings market.

Competitive Outlook

Notable players in the market are RPM International, Inc., Beckers Group, AkzoNobel N.V., Valspar Corporation, The Sherwin-Williams, Asian Paints Limited, Kelly-Moore Paints, Jotun A/S, Kansai Paint Co., Ltd., Nippon Paint Holdings Co., Ltd., Axalta Coating System LLC, Berger Paints Limited, BASF Coatings, PPG Industries and Indigo Paints Pvt. Ltd.

1. Middle East and Africa Paints & Coatings Market - Summary

2. Industry Outlook

2.1. Market Definition
2.2. Key Insights
2.3. Porter’s Five Force Analysis
2.4. Market Attractiveness Matrix
2.5. Vendor Scorecard
2.6. Industry Player Positioning
2.7. Market Drivers
2.7.1. Evolving Automotive Industry
2.7.2. Increased Demand From Aerospace & Marine Industry
2.7.3. Growing Importance of Paints & Coatings With Functional Benefits
2.8. Market Restraints
2.8.1. High Costs Associated With Paints & Coatings
2.8.2. Implementation of Stringent Regulations for Reducing Voc Emissions
2.9. Market Opportunities
2.9.1. Increased Demand From Emerging Economies
2.9.2. Shift Towards Adoption of Sustainable Products
2.9.3. Emergence of Nano & Fluoropolymer
2.10. Market Challenges
2.10.1. Negative Impact On Environment

3. Middle East and Africa Paints & Coatings Market Outlook - By Resin Type (In Terms of Value: $ Million & in Terms of Volume: Kilo Tons)

3.1. Acrylic
3.2. Polyester
3.3. Alkyd
3.4. Epoxy
3.5. Polyurethane
3.6. Other Resin Types

4. Middle East and Africa Paints & Coatings Market Outlook - By Technology (In Terms of Value: $ Million & in Terms of Volume: Kilo Tons)

4.1. Water-Borne
4.2. Solvent-Borne
4.3. Powder Coating
4.4. High-Solids
4.5. Radiation-Cured
4.6. Emerging Coating Technologies

5. Middle East and Africa Paints & Coatings Market Outlook - By Application (In Terms of Value: $ Million & in Terms of Volume: Kilo Tons)

5.1. Architectural Applications
5.1.1. Interior
5.1.2. Exterior
5.2. Industrial Applications
5.2.1. Automotive
5.2.2. Aerospace & Marine
5.2.3. Industrial Wood Coatings
5.2.4. Consumer Durables
5.2.5. General Industrial
5.2.6. Other Industrial Applications

6. Middle East and Africa Paints & Coatings Market - Regional Outlook (In Terms of Value: $ Million & in Terms of Volume: Kilo Tons)

6.1. United Arab Emirates
6.2. Turkey
6.3. Saudi Arabia
6.4. South Africa
6.5. Rest of Middle East & Africa

7. Competitive Landscape

7.1. Akzonobel N.V.
7.2. Asian Paints Limited
7.3. Axalta Coating System Llc
7.4. Basf Coatings
7.5. Beckers Group
7.6. Berger Paints Limited
7.7. Indigo Paints Pvt. Ltd.
7.8. Jotun A/S
7.9. Kansai Paint Co., Ltd.
7.10. Kelly-Moore Paints
7.11. Nippon Paint Holdings Co., Ltd.
7.12. PPG Industries
7.13. RPM International, Inc.
7.14. The Sherwin-Williams
7.15. Valspar Corporation

8. Methodology & Scope

8.1. Research Scope
8.2. Sources of Data
8.3. Research Methodology

Table List

Table 1: Market Attractiveness Matrix for Paints & Coatings Market
Table 2: Vendor Scorecard of Paints & Coatings Market
Table 3: Middle East and Africa Paints & Coatings Market, Country Outlook, 2019-2027 (In $ Million)
Table 4: Middle East and Africa Paints & Coatings Market, Country Outlook, 2019-2027 (In Kilo Tons)
Table 5: Middle East and Africa Paints & Coatings Market, By Resin Type, 2019-2027 (In $ Million)
Table 6: Middle East and Africa Paints & Coatings Market, By Resin Type, 2019-2027 (In Kilo Tons)
Table 7: Middle East and Africa Paints & Coatings Market, By Technology, 2019-2027 (In $ Million)
Table 8: Middle East and Africa Paints & Coatings Market, By Technology, 2019-2027 (In Kilo Tons)
Table 9: Middle East and Africa Paints & Coatings Market, By Application, 2019-2027 (In $ Million)
Table 10: Middle East and Africa Paints & Coatings Market, By Application, 2019-2027 (In Kilo Tons)

Figure List

Figure 1: Middle East and Africa Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 2: Porter’s Five Force Analysis of Paints & Coatings Market
Figure 3: Key Player Positioning in 2018 (%)
Figure 4: Anticipated Growth in Gdp of Emerging Nations
Figure 5: Middle East and Africa Paints & Coatings Market, By Water-Borne, 2019-2027 (In $ Million)
Figure 6: Middle East and Africa Paints & Coatings Market, By Solvent-Borne, 2019-2027 (In $ Million)
Figure 7: Middle East and Africa Paints & Coatings Market, By Powder Coating, 2019-2027 (In $ Million)
Figure 8: Middle East and Africa Paints & Coatings Market, By High-Solids, 2019-2027 (In $ Million)
Figure 9: Middle East and Africa Paints & Coatings Market, By Radiation-Cured, 2019-2027 (In $ Million)
Figure 10: Middle East and Africa Paints & Coatings Market, By Other Emerging Coating Technologies, 2019-2027 (In $ Million)
Figure 11: Middle East and Africa Paints & Coatings Market, By Acrylic, 2019-2027 (In $ Million)
Figure 12: Middle East and Africa Paints & Coatings Market, By Polyester, 2019-2027 (In $ Million)
Figure 13: Middle East and Africa Paints & Coatings Market, By Alkyd, 2019-2027 (In $ Million)
Figure 14: Middle East and Africa Paints & Coatings Market, By Epoxy, 2019-2027 (In $ Million)
Figure 15: Middle East and Africa Paints & Coatings Market, By Polyurethane, 2019-2027 (In $ Million)
Figure 16: Middle East and Africa Paints & Coatings Market, By Other Resin Types, 2019-2027 (In $ Million)
Figure 17: Middle East and Africa Paints & Coatings Market, By Architectural Applications, 2019-2027 (In $ Million)
Figure 18: Middle East and Africa Architectural Paints & Coatings Market, By Interior, 2019-2027 (In $ Million)
Figure 19: Middle East and Africa Architectural Paints & Coatings Market, By Exterior, 2019-2027 (In $ Million)
Figure 20: Middle East and Africa Paints & Coatings Market, By Industrial Applications, 2019-2027 (In $ Million)
Figure 21: Middle East and Africa Industrial Paints & Coatings Market, By Automotive, 2019-2027 (In $ Million)
Figure 22: Middle East and Africa Industrial Paints & Coatings Market, By Aerospace and Marine, 2019-2027 (In $ Million)
Figure 23: Boeing’s Commercial Aircrafts Market Outlook, By Region, 2016-2035
Figure 24: Middle East and Africa Industrial Paints & Coatings Market, By Industrial Wood Coatings, 2019-2027 (In $ Million)
Figure 25: Middle East and Africa Industrial Paints & Coatings Market, By Consumer Durables, 2019-2027 (In $ Million)
Figure 26: Middle East and Africa Industrial Paints & Coatings Market, By General Industrial, 2019-2027 (In $ Million)
Figure 27: Middle East and Africa Industrial Paints & Coatings Market, By Other Industrial Application, 2019-2027 (In $ Million)
Figure 28: Middle East and Africa Paints & Coatings Market, Regional Outlook, 2018 & 2027 (In %)
Figure 29: United Arab Emirates Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 30: Saudi Arabia Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 31: Turkey Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 32: South Africa Paints & Coatings Market, 2019-2027 (In $ Million)
Figure 33: Rest of Middle East & Africa Paints & Coatings Market, 2019-2027 (In $ Million)