Paint and Coatings Market in MEA 2022-2026

Paint and Coatings Market in MEA 2022-2026

Technavio has been monitoring the paint and coatings market in MEA and it is poised to grow by $ 2.55 bn during 2022-2026, progressing at a CAGR of 4.13% during the forecast period. Our report on the paint and coatings market in MEA provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by growth in the real estate and construction industry and developments to increase the performance of coatings. In addition, growth in the real estate and construction industry is anticipated to boost the growth of the market as well.

The paint and coatings market in MEA analysis includes the application segment and geographic landscape.

Technavio's paint and coatings market in MEA is segmented as below:

By Application

• Architecture
• Packaging
• Wood
• Transport
• Others

By Geographical Landscape

• Saudi Arabia
• Egypt (Arab Republic of Egypt)
• UAE
• South Africa
• Rest of MEA

This study identifies technological advancements in powder coating technology as one of the prime reasons driving the paint and coatings market growth in MEA during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on paint and coatings market in MEA covers the following areas:

• Paint and coatings market sizing
• Paint and coatings market forecast
• Paint and coatings market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading paint and coatings market in MEA vendors that include Akzo Nobel NV, Asian Paints Ltd., BASF SE, Jazeera Paints Co., Jotun AS, National Paints Factories Co. Ltd, PPG Industries Inc., RAR Holding Group., RPM International Inc., and The Sherwin-Williams Co. Also, the paint and coatings market in MEA analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Akzo Nobel NV, Asian Paints Ltd., BASF SE, Jazeera Paints Co., Jotun AS, National Paints Factories Co. Ltd, PPG Industries Inc., RAR Holding Group., RPM International Inc., The Sherwin-Williams Co.