Lucintel Forecasts the Middle Eastern and North African Paint and Coating Market to Reach $14 Billion by 2030
Lucintel Forecasts the Middle Eastern and North African Paint and Coating Market to Reach $14 Billion by 2030
Blog Article
According to the recent study the Middle Eastern and North African Paint and Coating Market is projected to reach an estimated $14 billion by 2030 from $11 billion in 2023 at a CAGR of 3% from 2023 to 2030. Growth in this market is primarily driven by growth in automotive production, increasing building and construction activities, and rising demand for eco-friendly paint and coatings.
Browse 107 figures/charts and 68 tables in this 205-page report to understand trends, opportunities and forecast in Middle Eastern and North African paint and coating market by application (architectural, automotive, wood, industrial, transportation, packaging, and others), technology (water based, solvent based, powder, and others), and resin (acrylic, alkyd, polyester, epoxy, polyurethane, and others).
Lucintel forecasts that architectural will remain the largest end use segment over the forecast period due to increasing building and construction activities in the MENA region.
Water based paint and coating will remain the largest segment over the forecast period due to growing awareness about environment friendly coatings and it’s corrosion and chemical resistance properties.
Jazeera Paints, Jotun, PPG Industries, National Paints Factories, and AkzoNobel are the major suppliers in the Middle Eastern and North African paint and coating market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056