Oman Paints & Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Paint Companies in Oman and the Market is segmented by Resin Type (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, and Other Resin Types), Technology (Water-Borne and Solvent-Borne), End-User Industry (Architectural, Automotive, Wood, Industrial Coatings, Transportation, Packaging, and Other End-user Industries). The market size and forecast are Provided in volume (kilotons) and value (USD million) for all the above segments.

Oman Paints & Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Oman Paints & Coatings Market Size

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Oman Paints and Coatings Market  Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 4.00 %
Market Concentration High

Major Players

Oman Paints and Coatings Market  Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Oman Paints and Coatings Market with other markets in Chemicals & Materials Industry

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Oman Paints & Coatings Market Analysis

The Oman Paints and Coatings Market is expected to register a CAGR of greater than 4% during the forecast period.

The outbreak of the COVID-19 pandemic severely affected the building & construction industry, with many projects being delayed indefinitely and some projects being completely shut down owing to bankruptcy. The demand for paints & coatings was greatly affected during this period, with a slowdown in automobile production further weakening market demand. However, with the lifting of restrictions imposed in the wake of the pandemic, demand for the paints & coatings industry is anticipated to strengthen with the recovery of the building & construction and automotive industries.

  • In the medium term, the growing demand for decorative and architectural coatings is anticipated to be the major factor driving the demand for the paints and coatings industry.
  • On the flip side, with a high dependency on crude oil as a raw material, fluctuations in oil prices are anticipated to hinder market growth during the forecast period. The dip in automotive production in the country is expected to further weaken the demand.
  • However, the continued growth of the oil and gas industry and the development of infrastructure associated with the industry in Oman are forecasted to offer various opportunities for the growth of the paints and coatings market in the future.

Oman Paints & Coatings Industry Overview

The Oman paints and coatings market is highly consolidated in nature with major players holding lion's share in the market. Some of the major companies are Jotun AS, AkzoNobel, Asian Paints, Hempel A/S, and National Paints Factories Co. Ltd among others.

Oman Paints & Coatings Market Leaders

  1. AkzoNobel

  2. Asian Paints

  3. Jotun AS

  4. National Paints Factories Co. Ltd

  5. Hempel A/S

  6. *Disclaimer: Major Players sorted in no particular order
Oman Paints and Coatings Market Concentration
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Oman Paints & Coatings Market News

  • February 2022: Hempel A/S announced the acquisition of Khimji Paints LLC, one of the leading paint and coatings manufacturers in Oman, in a bid to expand its presence in the Middle East through acquisitions and organic growth.
  • January 2022: Nippon Paints announced a joint collaboration with Karwa Motors, a strategic investment initiative between the State of Qatar and the Sultanate of Oman, allowing the company to be the exclusive paint solutions provider to Karwa Motors.

Oman Paints & Coatings Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Growing Demand for Decorative and Architectural Coatings
    • 4.1.2 Other Drivers
  • 4.2 Restraints
    • 4.2.1 Fluctuations in Crude Oil Prices
    • 4.2.2 Slowdown in Automotive Industry
  • 4.3 Industry Value-Chain Analysis
  • 4.4 Porter Five Forces
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Volume and Value)

  • 5.1 Resin Type
    • 5.1.1 Acrylic
    • 5.1.2 Alkyd
    • 5.1.3 Polyurethane
    • 5.1.4 Epoxy
    • 5.1.5 Polyester
    • 5.1.6 Other Resin Types
    • 5.1.7 Mining
    • 5.1.8 Rubber Processing
    • 5.1.9 Agrochemicals
    • 5.1.10 Other Applications
  • 5.2 Technology
    • 5.2.1 Water-borne
    • 5.2.2 Solvent-borne
  • 5.3 End-user Industry
    • 5.3.1 Architectural
    • 5.3.2 Automotive
    • 5.3.3 Wood
    • 5.3.4 Industrial Coatings
    • 5.3.5 Transportation
    • 5.3.6 Packaging
    • 5.3.7 Other End-user Industries

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 AkzoNobel NV
    • 6.4.2 Asian Paints Berger
    • 6.4.3 BASF SE
    • 6.4.4 Caparol
    • 6.4.5 Hempel A/S
    • 6.4.6 Jotun AS
    • 6.4.7 National Paints Factories Co. Ltd
    • 6.4.8 Nippon Paint Holdings Co. Ltd
    • 6.4.9 Novacolor
    • 6.4.10 Oasis Paints
    • 6.4.11 Ritver Paints & Coatings
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Expansion of the Oil and Gas Industry in Oman
**Subject to Availability
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Oman Paints & Coatings Industry Segmentation

Paints or coatings are various multiphase colloidal systems that are applied onto a surface in a continuous manner, fundamentally applying principles of colloids and interface surfaces. The application of paints or coatings is done in a bid to provide protection to the surface or serve decorative purposes. Oman's paints and coatings market is segmented by resin type, technology, and end-user industry. By resin type, the market is segmented into acrylic, alkyd, polyurethane, epoxy, polyester, and other resin types. By technology, the market is segmented into water-borne and solvent-borne. By end-user industry, the market is segmented into architectural, automotive, wood, industrial coatings, transportation, packaging, and other end-user industries. For each segment, market sizing and forecasts have been done on the basis of volume (kilotons) and value (USD million).

Resin Type Acrylic
Alkyd
Polyurethane
Epoxy
Polyester
Other Resin Types
Mining
Rubber Processing
Agrochemicals
Other Applications
Technology Water-borne
Solvent-borne
End-user Industry Architectural
Automotive
Wood
Industrial Coatings
Transportation
Packaging
Other End-user Industries
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Oman Paints & Coatings Market Research FAQs

What is the current Oman Paints and Coatings Market size?

The Oman Paints and Coatings Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in Oman Paints and Coatings Market?

AkzoNobel, Asian Paints, Jotun AS, National Paints Factories Co. Ltd and Hempel A/S are the major companies operating in the Oman Paints and Coatings Market.

What years does this Oman Paints and Coatings Market cover?

The report covers the Oman Paints and Coatings Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Oman Paints and Coatings Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Oman Paints & Coatings Industry Report

Statistics for the 2025 Oman Paints and Coatings market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Oman Paints and Coatings analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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