UAE Heat Resistant Paint Market Analysis, 2020

Increasing demand among end-user industries is Propelling the Demand for Heat Resistant Paint in UAE

UAE Heat Resistant Paint Market Analysis, 2020 research report depicts a deep dive market analysis of statistics of UAE Heat Resistant Paint market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.

Market Opportunities

According to this research report “UAE Heat Resistant Paint Market Analysis, 2020”, the UAE Heat Resistant Paint market is anticipated to grow at a considerable CAGR during 2021-2026F. The growth of the market is accredited to the burgeoning application of heat resistance paint in the automotive industry for efficient engine operations, rapid industrialization and increasing usage of advanced technology. Moreover, growing demand from end-use industries such as consumer electronics, aerospace & defence along with increasing investment towards construction activities and rising awareness toward fire protection equipment are the factors driving the growth of the market in the forthcoming timeline.

Market Segmentation

Aerospace & Defence Segment Registers Fastest Growth

Based on End-user, Aerospace & Defence segment is anticipated to register the fastest growth in the UAE Heat Resistant Paint in 2019 due to burgeoning applications of heat-resistant coatings in defence equipment to provide protection from corrosion, UV radiation, erosion, and temperature variations. Besides this, the Building and Construction segment is anticipated to witness steady growth in the near on account of extensive demand for heat resistance paint in the construction sector to increase the safety and security of the people as it reduces fire attack. Moreover, rising government spending on public infrastructure and burgeoning demand for offices and residential space is projected to fuel the demand for heat resistance paint. Hence, this is strongly contributing toward the growth of the Heat Resistant Paint market UAE in the near future as revealed by the research report “UAE Heat Resistant Paint Market Analysis, 2020”.

Impact of COVID-19

The UAE Heat Resistant Paint market is affected primarily by the COVID-19 pandemic. This is due to a significant decline in the demand on account of temporary shutdown or decreased their capacity in the manufacturing plants. The demand for heat resistance paint is projected to upsurge in the near future.

Competitive Landscape

According to the author, the key players with a considerable market share in the UAE Heat Resistant Paint market include Wacker Chemie AG, National Paints Factories Co. Ltd., Blackfriar Paints (Tor Coatings), Kansai Paint Co., Ltd, Jotun A/S, AkzoNobel NV, Hempel A/S, PPG Industries Inc., KCC Corporation, Axalta Coating Systems, Rutland, Others etc.

Key Questions Answered in the Market Research Report:

1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of UAE Heat Resistant Paint Market?
2. What is the region-wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the UAE Heat Resistant Paint Market?
4. Who are the key competitors or market players and how they perform in UAE Heat Resistant Paint Market based on competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of UAE Heat Resistant Paint Market study?