Egyptian Protective Coatings Market Size (2024 - 2029)

The Egyptian protective coatings market is projected to experience substantial expansion, driven primarily by the rising demand from the oil and gas sector. However, growth may be challenged by regulations concerning VOC emissions. The infrastructure segment is anticipated to lead the market and exhibit the most rapid growth rate throughout the forecast period.

Market Size of Egyptian Protective Coatings Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
Market Summary - Egyptian Protective Coatings Market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 3.00 %
Market Concentration High

Major Players

rd-img

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Egyptian Protective Coatings Market Analysis

The Egyptian protective coatings market is estimated to witness a significant growth, at an estimated CAGR of over 3%, over the forecast period. Increasing demand from the oil and gas industry expected to drive the market during the forecast period.

  • Regulations related to the VOC emissions are likely to hinder the market's growth.
  • Infrastructure segment is expected to dominate the market and is also expected to witness the fastest CAGR during the forecast period.

Egyptian Protective Coatings Industry Segmentation

The Egyptian protective coatings market report includes:

Resin Type
Epoxy
Polyester
Polyurethane
Vinyl Ester
Other Resin Types
Technology
Water-borne
Solvent-borne
Powder
Other Technologies
End-user Industry
Oil and Gas
Mining
Power
Infrastructure
Other End-user Industries
Need A Different Region Or Segment?
Customize Now

Egyptian Protective Coatings Market Size Summary

The Egyptian protective coatings market is poised for substantial growth, driven primarily by increasing demand from the oil and gas sector. However, the market faces challenges due to regulations concerning VOC emissions, which could impede its expansion. The infrastructure segment is anticipated to lead the market, experiencing the fastest growth rate during the forecast period. Solvent-based coatings, which are less affected by environmental conditions during the curing phase, continue to be favored despite the environmental concerns associated with VOC emissions. These coatings are widely used in various applications, including metal doors, railings, and industrial equipment. Nonetheless, the rise of eco-friendly water-based coatings is posing a challenge to the solvent-based segment.

The infrastructure sector, encompassing rails, bridges, and roads, represents a significant portion of the Egyptian protective coatings market. As the population grows, infrastructure expansion becomes crucial for socio-economic development. Protective coatings play a vital role in enhancing the durability of structures like flyovers and bridges, particularly during refurbishments, by reducing concrete damage and slowing steel reinforcement corrosion. With Egypt's infrastructure poised for significant transformation, substantial investment is required to meet future demands. This backdrop suggests a promising growth trajectory for the protective coatings market in Egypt, with key players such as PACHIN, Akzo Nobel N.V., Jotun, Sigma Paints Egypt Ltd, and Sipes Egypt actively participating in the market.

Explore More

Egyptian Protective Coatings Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Demand From the Oil and Gas Industry

      2. 1.1.2 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Regulations Related to the VOC Emissions

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Resin Type

      1. 2.1.1 Epoxy

      2. 2.1.2 Polyester

      3. 2.1.3 Polyurethane

      4. 2.1.4 Vinyl Ester

      5. 2.1.5 Other Resin Types

    2. 2.2 Technology

      1. 2.2.1 Water-borne

      2. 2.2.2 Solvent-borne

      3. 2.2.3 Powder

      4. 2.2.4 Other Technologies

    3. 2.3 End-user Industry

      1. 2.3.1 Oil and Gas

      2. 2.3.2 Mining

      3. 2.3.3 Power

      4. 2.3.4 Infrastructure

      5. 2.3.5 Other End-user Industries

Egyptian Protective Coatings Market Size FAQs

The Egyptian Protective Coatings Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)

Akzo Nobel N.V., Jotun, Sigma Paints Egypt Ltd (PPG Industries Inc.) and Sipes Egypt are the major companies operating in the Egyptian Protective Coatings Market.

Egyptian Protective Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)