Middle-East Paints and Coatings Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Middle East paints and coatings market is projected to register a CAGR of over 3% during the forecast period.
In 2020, the construction industry slowed down due to the COVID-19 pandemic. However, in 2021, the market developed because of an increase in infrastructural developments in various nations across the region. Over the following years, the industry is expected to grow as governments increase public investments to fund new projects.
Key HighlightsThe paints and coatings market in the Middle-East is highly consolidated, with the top six players holding a significant market share. Key players in the market include Akzo Nobel NV, Jazeera Paints, Jotun, PPG Industries Inc., and National Paints Factories Co. Ltd, among others.
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