- Thermosetting
- Thermoplastic
- Amino Resins
Middle East and Africa Coating Resins Market size was valued at valued at USD XX Mn in 2023 and is poised to grow at a significant CAGR x% over 2024-2030. Some of the key factors responsible for the market growth include the development of bio-based coatings, high growth in emerging economies, durable coatings with better performance and aesthetics, and demand for coating resins from the automotive industry. Moreover, the growth of the construction and manufacturing projects offers lucrative opportunities for the players operating in the market. In addition, the Middle East and Africa coating resins market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed the Middle East and Africa coating resins 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 and Africa coating resin market report include suppliers, manufacturers, marketers, policymakers, and healthcare service providers engaged in Middle East and Africa coating resin products.
Middle East And Africa Coating Resins Market Dynamics
Major factor driving the growth of the coating resins market is the growing construction industry in countries. Owing to the rise in population, these countries are witnessing rapid growth in construction industry resulting in large-scale investment in construction projects such as hotels, apartments, offices, retail centers, and civic infrastructures. Coating resins consumption was the highest for architectural coating market over the past few years owing to increasing residential and commercial constructions. Hence growing construction industry will increase the demand for coating resins market. Pigments, solvents, and additives are some of the common raw materials used in manufacturing of the resins. Major restraint identified in the coating resins market is the growing raw materials prices. Increasing prices of the raw materials result in extra investment in production process of the resins. In the recent years, the prices of raw materials such as epoxy and titanium dioxide have risen considerably across the globe, compelling the leading painting and coating producers to increase the prices of their products. Therefore, the increase in prices of raw materials is expected to hamper the growth of the market.
Middle East and Africa Got Significant Share
Middle East and Africa Coating Resins Market
South Africa accounted for larger revenue share in Middle East and Africa Coating Resins market with considerable CAGR owing to the growing demand for renovation and repair of commercial buildings, houses, malls, and schools.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Middle East And Africa Coating Resins Market Segmentation
By Type
By Formulation
- Hot Melt Based
- Powder Based
- Radiation Cured
- Solvent Based
- Water Based
- Others
By Application
- Wood
- Paper and Pulp
- Marine
- Industrial Wood
- Industrial Plastics
- High End Flooring
- Graphic Arts
- Food Packaging
- Decorative Paints
- Consumer Electronics
- Automotive
- Architectural
- Others
By Country
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
Frequently Asked Questions
2023 is the base year and 2030 is the forecast year.
The Middle East and Africa Coating Resins Market Report data: (Gulf Cooperation Council (GCC) Countries Israel South Africa Rest of MEA)
The Middle East and Africa Coating Resins Market key players are Aekyung Chemical Co. Ltd (South Korea) Allnex Group (Germany) Arkema SA (France) BASF SE (Germany) DIC Corporation (Japan) DowDuPont (US) Ferro Coating Resins (South Africa). Neville Chemical Company (US), Nippon Shokubai Co. Ltd (Japan) Royal DSM NV (Netherlands) Tosoh Corporation (Japan) Wacker Chemie AG (Germany) Westlake Chemical Corporation (US)
| 1. Executive Summary |
| 2. Global Middle East And Africa Coating Resins Market Introduction |
| 2.1.Global Middle East And Africa Coating Resins Market - Taxonomy |
| 2.2.Global Middle East And Africa Coating Resins Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Formulation |
| 2.2.3.Application |
| 2.2.4.Region |
| 3. Global Middle East And Africa Coating Resins Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Middle East And Africa Coating Resins Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Middle East And Africa Coating Resins Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Thermosetting |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Thermoplastic |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Amino Resins |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Middle East And Africa Coating Resins Market By Formulation, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Hot Melt Based |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Powder Based |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Radiation Cured |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Solvent Based |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Water Based |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Others |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7. Global Middle East And Africa Coating Resins Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Wood |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Paper and Pulp |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Marine |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Industrial Wood |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Industrial Plastics |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. High End Flooring |
| 7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Graphic Arts |
| 7.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 7.8. Food Packaging |
| 7.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.8.3. Market Opportunity Analysis |
| 7.9. Decorative Paints |
| 7.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.9.3. Market Opportunity Analysis |
| 7.10. Consumer Electronics |
| 7.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.10.3. Market Opportunity Analysis |
| 7.11. Automotive |
| 7.11.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.11.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.11.3. Market Opportunity Analysis |
| 7.12. Architectural |
| 7.12.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.12.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.12.3. Market Opportunity Analysis |
| 8. Global Middle East And Africa Coating Resins Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Gulf Cooperation Council (GCC) Countries |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Israel |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. South Africa |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Rest of MEA |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 9. Competition Landscape |
| 9.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 9.2.1.Aekyung Chemical Co. Ltd (South Korea) |
| 9.2.2.Allnex Group (Germany) |
| 9.2.3.Arkema SA (France) |
| 9.2.4.BASF SE (Germany) |
| 9.2.5.DIC Corporation (Japan) |
| 9.2.6.DowDuPont (US) |
| 9.2.7.Ferro Coating Resins (South Africa). |
| 9.2.8.Neville Chemical Company (US), |
| 9.2.9.Nippon Shokubai Co. Ltd (Japan) |
| 9.2.10.Royal DSM NV (Netherlands) |
| 9.2.11.Tosoh Corporation (Japan) |
| 9.2.12.Wacker Chemie AG (Germany) |
| 9.2.13.Westlake Chemical Corporation (US) |
| 10. Research Methodology |
| 11. Appendix and Abbreviations |
- Aekyung Chemical Co. Ltd (South Korea)
- Allnex Group (Germany)
- Arkema SA (France)
- BASF SE (Germany)
- DIC Corporation (Japan)
- DowDuPont (US)
- Ferro Coating Resins (South Africa).
- Neville Chemical Company (US),
- Nippon Shokubai Co. Ltd (Japan)
- Royal DSM NV (Netherlands)
- Tosoh Corporation (Japan)
- Wacker Chemie AG (Germany)
- Westlake Chemical Corporation (US)