Qatar Protective Coatings Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)
By the end of the year, the Qatar Protective Coatings Market was worth USD 49 million, and it is expected to grow at a CAGR of over 3% over the next five years.The COVID-19 pandemic had harmed the currently studied market.However, post-pandemic, the rising implementation of infrastructural projects has revived the country's protective coatings market.
Key HighlightsDuring the forecast period, the growing demand for powder coatings is likely to give the market a number of chances to grow.
Qatar Protective Coatings Market TrendsIncreasing demand from Qatar’s Oil and Gas industryThe country's market for protective coatings is expected to grow as a result of the above infrastructure projects.
Qatar Protective Coatings Industry OverviewThe Qatar protective coatings market is fragmented in nature. Some of the market's major players (not in any particular order) include Akzo Noble N.V., Axalta Coating Systems, Hempel A/S, Jotun, and Sigma Paints.
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