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Middle East & Africa Bituminous Paints Market Report Description: Middle East & Africa Bituminous Paints market report gives comprehensive outlook on Bituminous Paints across the globe with special emphasis on key countries such as Gulf Cooperation Council (GCC) Countries, Israel, South Africa and Rest of MEA. The report on Middle East & Africa Bituminous Paints market gives historical, current, and future market sizes (US$ Mn) on the basis of Product, Application and region. This report studies Middle East & Africa Bituminous Paints market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, Middle East & Africa Bituminous Paints market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Middle East & Africa Bituminous Paints market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the Middle East & Africa Bituminous Paints market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in Middle East & Africa Bituminous Paints products. Middle East & Africa Bituminous Paints Market: The Middle East & Africa Bituminous Paints market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025. Increasing number of applications, technological advancements, huge spending on R&D and rapid industrialization in developing countries are some of the key factors fostering the market growth. Increasing Application of Bituminous Paints There is a high demand for bituminous paints across the industry owing to its corrosion and weather proof properties. They are easy to use and can be applied to the desired surface using conventional painting techniques such as spraying and paint brushes. The demand for these paints is also increasing in the marine and aviation sectors. Applications of bituminous paints include waterproofing, protective coating, corrosive, concrete, and steel. They are primarily used for waterproofing and are thus, used in painting pipes, machinery, and water tanks. Continuous research and development activities are expected to widen the scope of applications of bituminous paints, thereby augmenting the growth of the market in the near future. Harmful Effects of Bituminous Paints Bituminous paints are harmful to aquatic life when released in water in large quantities. Furthermore, various health hazards such as dizziness and skin itching caused due to bituminous paints are major factors restraining bituminous pains market growth. There are also strict environmental regulations which is further hindering Middle East & Africa bituminous paints demand. South Africa Accounts for Larger Market Revenue Share in Middle East & Africa Bituminous Paints Market South Africa accounted for larger revenue share in Middle East & Africa Bituminous Paints market with considerable CAGR. Rapid industrialization in the region coupled with significant growth in aviation industry is expected to further complement the regional market growth. Competition Assessment Key player’s profiles in the Middle East & Africa Bituminous Paints market include:
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2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
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