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Middle-East Paints and Coatings Additives Market Size (2024 - 2029)

The Middle-East paints and coatings additives market is projected to experience significant growth, driven by increased tourism and construction activities in the region. Saudi Arabia holds a substantial portion of the market, while rheology modifiers represent the largest segment by type and are expected to grow rapidly. The architectural segment dominates the market share, highlighting its importance in the overall market landscape.

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Market Size of Middle-East Paints and Coatings Additives Industry

MIddle-East Paints and Coatings Market - Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 5.00 %
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

Middle East Paints & Coatings Additives Market Analysis

The Middle-East paints and coatings additives market was expected to witness a healthy growth, by revenue, at an estimated CAGR of greater than 5% over the forecast period. One of the major factors driving the growth of the market is the increased focus on tourism and construction in the Middle-Eastern region.

  • Saudi Arabia dominated the market studied with a share of more than 45% of the total Middle-East Market.
  • By type, rheology modifiers had the largest share and occupied almost 25% of the market, and is also the likely to expand at a fastest rate.
  • The architectural segment accounted for the largest market share of more than 65%

Middle East Paints & Coatings Additives Industry Segmentation

The Middle-East paint and coatings additives market report includes:

Type
Biocides
Dispersants & Wetting Agents
Defoamers and Deaerators
Rheology modifiers
Surface Modifiers
Stabilizers
Flow and Leveling Additives
Other Types
End-user
Architectural
Wood
Transportation
Protective
Other End-users
Geography
Saudi Arabia
Qatar
United Arab Emirates
Rest of Middle-East
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Middle-East Paints and Coatings Additives Market Size Summary

The Middle East paints and coatings additives market is poised for robust growth, driven by the burgeoning tourism and construction sectors in the region. Saudi Arabia stands out as a dominant force in this market, leveraging its strategic position and access to essential feedstock to become a central hub for paints and coatings supply in the Middle East. The architectural segment holds the largest market share, with rheology modifiers being the most significant type of additive due to their ability to enhance the flow behavior of paints and coatings. These modifiers are crucial in reducing spattering and dripping during application, thereby improving the paint's hiding power and shelf life. They are extensively used across various sectors, including architectural, industrial, automotive, and protective coatings, with both organic and inorganic types playing vital roles in stabilizing and thickening formulations.

The market landscape is characterized by a partial concentration, with a few global players dominating the scene, such as Dow, Solvay, Altana Group (BYK), Ashland, and Elementis. These companies hold a substantial share of the market, overshadowing local manufacturers. The ongoing construction boom in Saudi Arabia, supported by national initiatives like the National Transformation Program 2020 and Saudi Vision 2030, is expected to drive steady growth in the paints and coatings industry. This growth is further bolstered by increasing foreign investments in various sectors, including education, healthcare, and hospitality, which are contributing to the rising demand for coating additives in the region.

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Middle-East Paints and Coatings Additives Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increased Focus on Tourism and Construction in the Middle Eastern Region

      2. 1.1.2 Other Drivers

    2. 1.2 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 Type

      1. 2.1.1 Biocides

      2. 2.1.2 Dispersants & Wetting Agents

      3. 2.1.3 Defoamers and Deaerators

      4. 2.1.4 Rheology modifiers

      5. 2.1.5 Surface Modifiers

      6. 2.1.6 Stabilizers

      7. 2.1.7 Flow and Leveling Additives

      8. 2.1.8 Other Types

    2. 2.2 End-user

      1. 2.2.1 Architectural

      2. 2.2.2 Wood

      3. 2.2.3 Transportation

      4. 2.2.4 Protective

      5. 2.2.5 Other End-users

    3. 2.3 Geography

      1. 2.3.1 Saudi Arabia

      2. 2.3.2 Qatar

      3. 2.3.3 United Arab Emirates

      4. 2.3.4 Rest of Middle-East

Middle-East Paints and Coatings Additives Market Size FAQs

The Middle-East Paints and Coatings Additives Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

Solvay, Altana Group (BYK), Ashland and DOW are the major companies operating in the Middle-East Paints and Coatings Additives Market.

Middle East Paints & Coatings Additives Market Report Snapshots

Middle East Paints and Coatings Additives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)