Market by Resin Type, Substrate, Technology, Industry Vertical, and Regional Outlook | Forecast 2021-2028
As per Triton’s research report, the Middle East and Africa’s mirror coatings market is expected to grow with a CAGR of 7.38% over the projected phase between 2021 and 2028.
The countries
scrutinized in this market are:
• Saudi Arabia
• South Africa
• Turkey
• The United Arab Emirates
• Rest of MEA countries
Factors such as the
rapid rate of urbanization, increased standard of living, growing middle-class
population, enhanced purchasing power, and strong GDP, along with the rising
industry & housing sector, young & qualified workforce, and R&D
capabilities, are the major growth drivers of the coatings industry. Turkey’s
paints & dyes industry mainly uses decorative paints, thus creating a
strong correlation with the construction industry. since mirror coatings are
largely used for construction purposes, the above-stated factors are aiding the
studied market’s growth.
Saudi Arabia’s
construction industry contributes significantly to the national GDP. The
investments by the government and private companies are expected to raise the
number of construction activities in the nation. For instance, the Ministry of
Housing announced its plans to construct around 100,000 new houses, in
collaboration with real estate developers, with a budget of $17.3 billion.
However, due to the COVID-19 pandemic outbreak, the construction industry faced
a major jolt. This led to a weakenening
in the demand for mirror coatings.
On the bright side though,
the Government of the KSA is trying to diversify its economy, making it a
manufacturing & transportation hub. This will provide a boost to the
automotive sector as well. The solar power sector is also gaining prominence.
Both these industries use mirror coatings on a large scale. Therefore, the
growth in these sectors automatically translates to the development of Saudi
Arabia’s mirror coatings market in the coming years.
Ophir Optronics is an
Israeli company providing precision infrared optics, photonics instrumentation,
and 3D non-contact measurement hardware.
It operates mainly in two business segments: Optics Group and Photonics
Group. The former division manufactures intracavity mirror coatings that are used
in high-power CO2 laser frameworks. Ophir Optronics is headquartered in Hartom,
Jerusalem.
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VIEW REPORT1. MIDDLE
EAST AND AFRICA MIRROR COATINGS MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE MIRROR COATINGS INDUSTRY
2.2. KEY
INSIGHTS
2.2.1. RISING
INVESTMENT ACROSS THE END-USER INDUSTRIES
2.2.2. DEMAND
FOR SUSTAINABLE MIRROR COATINGS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS MATRIX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. BUSINESS
EXPANSIONS & DIVESTITURES
2.6.2. ACQUISITIONS
& MERGERS
2.6.3. NEW
PRODUCT LAUNCHES
2.7. MARKET
DRIVERS
2.7.1. DEMAND
FROM THE CONSTRUCTION INDUSTRY
2.7.2. RISE
IN SOLAR POWER PROJECTS
2.8. MARKET
CHALLENGES
2.8.1. DRAWBACKS
OF EPOXY COATING
2.8.2. STRICT
GOVERNMENT REGULATIONS
2.9. MARKET
OPPORTUNITIES
2.9.1. DEMAND
FOR HEAVY CONSTRUCTION MATERIALS
3. MIDDLE
EAST AND AFRICA MIRROR COATINGS MARKET – BY RESIN TYPE
3.1. POLYURETHANE
3.2. EPOXY
3.3. ACRYLIC
3.4. OTHERS
4. MIDDLE
EAST AND AFRICA MIRROR COATINGS MARKET - BY TECHNOLOGY
4.1. SOLVENT-BASED
4.2. WATER-BASED
4.3. NANOCOATINGS
5. MIDDLE
EAST AND AFRICA MIRROR COATINGS MARKET - BY SUBSTRATE
5.1. SILVER
5.2. ALUMINIUM
5.3. OTHER
SUBSTRATES
6. MIDDLE
EAST AND AFRICA MIRROR COATINGS MARKET - BY INDUSTRY VERTICAL
6.1. BUILDING
& CONSTRUCTION
6.2. AUTOMOTIVE
AND TRANSPORTATION
6.3. ENERGY
6.4. OTHER
INDUSTRY VERTICALS
7. MIDDLE
EAST AND AFRICA MIRROR COATINGS MARKET – REGIONAL OUTLOOK
7.1. UNITED
ARAB EMIRATES
7.2. TURKEY
7.3. SAUDI
ARABIA
7.4. SOUTH
AFRICA
7.5. REST
OF MIDDLE EAST & AFRICA
8. COMPETITIVE
LANDSCAPE
8.1. ABRISA
TECHNOLOGIES
8.2. ACCUCOAT
INC
8.3. BERLINER
GLAS
8.4. CASIX
8.5. DYNASIL
CORPORATION
8.6. EDMUND
OPTICS INC
8.7. EVAPORATED
COATINGS INC
8.8. FENZI
SPA
8.9. FOSTA-TEK
OPTICS
8.10. GENERAL
OPTICS (ASIA LIMITED)
8.11. GUARDIAN
GLASS
8.12. JML
OPTICAL
8.13. MADER
8.14. OPHIR
OPTRONICS SOLUTIONS LTD
8.15. ZEISS
INTERNATIONAL
9. METHODOLOGY
& SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)
TABLE 2: MARKET
ATTRACTIVENESS MATRIX
TABLE 3: VENDOR
SCORECARD
TABLE 4: LIST OF
BUSINESS EXPANSIONS & DIVESTITURES
TABLE 5: LIST OF
ACQUISITIONS & MERGERS
TABLE 6: LIST OF NEW
PRODUCT LAUNCHES
TABLE 7: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)
TABLE 8: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY RESIN TYPE, 2021-2028 (IN $ MILLION)
TABLE 9: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)
TABLE 10: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY SUBSTRATE, 2021-2028 (IN $ MILLION)
TABLE 11: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY INDUSTRY VERTICAL, 2021-2028 (IN $
MILLION)
FIGURE 1: PORTER’S FIVE
FORCES ANALYSIS
FIGURE 2: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY RESIN TYPE, 2020 & 2028 (IN %)
FIGURE 3: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY POLYURETHANE, 2021-2028 (IN $ MILLION)
FIGURE 4: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY EPOXY, 2021-2028 (IN $ MILLION)
FIGURE 5: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY ACRYLIC, 2021-2028 (IN $ MILLION)
FIGURE 6: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
FIGURE 7: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY TECHNOLOGY, 2020 & 2028 (IN %)
FIGURE 8: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY SOLVENT-BASED, 2021-2028 (IN $ MILLION)
FIGURE 9: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY WATER-BASED, 2021-2028 (IN $ MILLION)
FIGURE 10: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY NANOCOATINGS, 2021-2028 (IN $ MILLION)
FIGURE 11: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY SUBSTRATE, 2020 & 2028 (IN %)
FIGURE 12: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY SILVER, 2021-2028 (IN $ MILLION)
FIGURE 13: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY ALUMINIUM, 2021-2028 (IN $ MILLION)
FIGURE 14: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY OTHER SUBSTRATES, 2021-2028 (IN $
MILLION)
FIGURE 15: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY INDUSTRY VERTICAL, 2020 & 2028 (IN %)
FIGURE 16: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY BUILDING & CONSTRUCTION, 2021-2028
(IN $ MILLION)
FIGURE 17: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY AUTOMOTIVE AND TRANSPORTATION, 2021-2028
(IN $ MILLION)
FIGURE 18: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY ENERGY, 2021-2028 (IN $ MILLION)
FIGURE 19: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, BY OTHER INDUSTRY VERTICALS, 2021-2028 (IN $
MILLION)
FIGURE 20: MIDDLE EAST
AND AFRICA MIRROR COATINGS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 21: UNITED ARAB
EMIRATES MIRROR COATINGS MARKET 2021-2028 (IN $ MILLION)
FIGURE 22: TURKEY
MIRROR COATINGS MARKET 2021-2028 (IN $ MILLION)
FIGURE 23: SAUDI ARABIA
MIRROR COATINGS MARKET 2021-2028 (IN $ MILLION)
FIGURE 24: SOUTH AFRICA
MIRROR COATINGS MARKET 2021-2028 (IN $ MILLION)
FIGURE 25: REST OF
MIDDLE EAST & AFRICA MIRROR COATINGS MARKET 2021-2028 (IN $ MILLION)