Market By Resin Type, Technology, Application And Geography | Forecast 2019-2027
As per Triton Market Research’s report, the Middle East & Africa market paints & coatings is expected to upsurge with a CAGR of 4.88% in terms of revenue and a CAGR of 4.47% in terms of volume in the forecast period of 2019 to 2027.
The countries that have been analyzed in the Middle East and Africa’s paints & coatings market are:
• United Arab Emirates
• Turkey
• Saudi Arabia
• South Africa
• Rest of the Middle East & Africa
In the aerospace industry, paints and coatings are used extensively in numerous applications such as commercial aviation and defense. In a single aircraft, which is an assembly of specific components, paints & coatings, especially the protective ones, are used for – interior paints & coatings system, fuel tank paints & coatings, anti-chafe paints & coatings, exterior topcoats, conductive paints & coatings, wing paints & coatings, intermediate paints & coatings, corrosion inhibitive paints & coatings and color design.
Marine paints & coatings are used on all kinds of vessels, including cargo and commercial ships. Marine polyurethane paints & coatings are used on commercial and leisure crafts as well as on offshore structures, such as tanker platforms, pipelines, oil rigs and storage facilities. The marine paints & coatings possess anti-corrosion and anti-fouling properties. They also provide other advantages, such as excellent oil & chemical resistance, resistance to yellowing and degradation by sunlight, water-resistance, and abrasion resistance. Thus, the increased demand for paints & coatings in the aerospace and marine industries is enhancing the growth of the paints & coatings market.
Urbanization and infrastructure are the answers to the growth in developing countries. Since urbanization and infrastructure contribute majorly to the economic growth of the developed countries, it increases the high growth and potential in developing countries as well. This high growth in developing countries has a great impact on the paints & coatings market, due to the rapid increase in business investment. Thus, the increasing demand for paints & coatings from emerging economies has had a positive impact on market growth.
The prominent companies in the paints & coatings market are Nippon Paint Holdings Co., Ltd., Rpm International, Inc., Beckers Group, BASF Coatings, Jotun A/S, Asian Paints Limited, Valspar Corporation, PPG Industries, AkzoNobel N.V., The Sherwin-Williams, Kansai Paint Co., Ltd., Kelly-Moore Paints, Axalta Coating System LLC, Indigo Paints Pvt. Ltd. and Berger Paints Limited.
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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 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 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)