UAE Architectural Paints and Coatings Market Trends [2031]
UAE Architectural Paints and Coatings Market Trends [2031]
Segments - UAE Architectural Paints and Coatings Market by Resin Types (Epoxy, Alkyd, Polyurethane, Acrylic, and Others), Technology (Water-borne and Solvent-borne), and Construction Types (Residential and Non-residential), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023–2031
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| Report ID :MC-2527
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Report Description
UAE Architectural Paints and Coatings Market Outlook 2031:
The UAE architectural paints and coatings market size was valued at USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 5% during the forecast period 2023–2031. The growth of the market is attributed to the increasing construction activities.
Architectural paints and coatings are used to paint interior as well as exterior part of building. Architectural paints contain antimicrobial additives along with silver particles to prohibit the growth of mold on the surface of paint film. Architectural paints and coatings use renewable, recycled or bio-based ingredients such as soybean oil and recycled plastic.
This paint is well suited for hospitals and schools. Surface coating is done with the help of rollers, brushes, and sprayers, among others. They are designated to paint the walls, roof coatings, and deck finishes.
The COVID-19 outbreak affected the development in architectural coatings and paints market, impacting the growth of the market. However, the relaxation in restriction owing to acceleration in vaccination drive is anticipated to positively influence the market growth.
UAE Architectural Paints and Coatings Market Trends, Drivers, Restraints, and Opportunities
- Long lasting and durable nature of architectural paints & coatings is anticipated to drive the market growth.
- Emulsion technology in architectural paint allows formation of low-volatile organic compound, which is not harmful for human and environment. Thus, this factor is expected to proliferate the growth of the market during the forecast period.
- Growing environmental concerns and rising use of recycled elements are spurring the market growth.
- High cost of raw materials and environmental regulation and impact of the watreborne architectural coating can hamper the growth of market
- Existing alternative such as green coating can hinder the market growth.
- Upcoming mega projects and increasing demand for eco-friendly products can create the opportunities for the market during the forecast period.
Scope of Architectural Paints and Coatings Market Report
The report on the UAE architectural paints and coatings market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
UAE Architectural Paints And Coatings Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Resin Types (Epoxy, Alkyd, Polyurethane, Acrylic, and Others), Technology (Water-borne and Solvent-borne), and Construction Types (Residential and Non-Residential) |
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Country |
UAE |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Caparol Paints.; JOTUN; National Paints Factories Co. Ltd.; Al Gurg Paints LLC (Oasis Paints); and Gulf Paints |
UAE Architectural Paints and Coatings Market Segment Insights
Acrylic paint segment is anticipated to constitute a key market share
In terms of resin types, the market is categorized as epoxy, alkyd, polyurethane, acrylic, and others. The acrylics paints segment is expected to constitute a key share of the market during the projected period due to wide usage of polymer in the paints & coatings industry. The acrylic forms that are highly used are thermoset and thermoplastic. By polymerization of different acrylic monomers synthesized thermoplastics acrylic resins and by reacting with other polymers at elevated temperature thermosets are restores.
Acrylic paint has many advantages such as high durability, corrosion resistance, chemical resistance, solvent resistance, and hardness.
Solvent-borne segment is expected to grow at a rapid pace
Based on technology, the market is bifurcated into water-borne and solvent-borne. The solvent-borne market is projected to expand at a considerable CAGR during the forecast period. Solvent-borne has various benefits such as chemical, heat, and water resistance. On the other hand, the water-borne paints can create serious water pollution if the manufacturers do not handle it well.
Non-residential segment to hold a major market share
On the basis of construction types, the market is segregated as residential and non-residential. The non-residential is expected to constitute a key share of the market during the projected period due to increasing number of non-residential constructions. Layer of protection reduces the impact of weather on the exterior part of non-residential structure. This can increase the life span of the property and help in investing less in painting material.
Segments
The UAE architectural paints and coatings segmented on the basis of
Resin Types
- Epoxy
- Alkyd
- Polyurethane
- Acrylic
- Others
Technologies
- Water-borne
- Solvent-borne
Construction Types
- Residential
- Non-Residential
Country
- The UAE
Key Players
- Caparol Paints.
- National Paints Factories Co. Ltd.
- JOTUN
- Al Gurg Paints LLC (Oasis Paints)
- Gulf Paints
Competitive Landscape
The key players competing in the UAE architectural paints and coatings market are Caparol Paints.; JOTUN; National Paints Factories Co. Ltd.; Al Gurg Paints LLC (Oasis Paints); and Gulf Paints. Companies are focusing on expanding their distribution channels to expand their market share.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Architectural Paints and Coatings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Architectural Paints and Coatings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Architectural Paints and Coatings Market - Supply Chain
4.5. Global Architectural Paints and Coatings Market Forecast
4.5.1. Architectural Paints and Coatings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Architectural Paints and Coatings Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Architectural Paints and Coatings Market Absolute $ Opportunity
5. Global Architectural Paints and Coatings Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Architectural Paints and Coatings Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Architectural Paints and Coatings Demand Share Forecast, 2019-2026
6. North America Architectural Paints and Coatings Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Architectural Paints and Coatings Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Architectural Paints and Coatings Demand Share Forecast, 2019-2026
7. Latin America Architectural Paints and Coatings Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Architectural Paints and Coatings Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Architectural Paints and Coatings Demand Share Forecast, 2019-2026
8. Europe Architectural Paints and Coatings Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Architectural Paints and Coatings Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Architectural Paints and Coatings Demand Share Forecast, 2019-2026
9. Asia Pacific Architectural Paints and Coatings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Architectural Paints and Coatings Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Architectural Paints and Coatings Demand Share Forecast, 2019-2026
10. Middle East & Africa Architectural Paints and Coatings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Architectural Paints and Coatings Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Architectural Paints and Coatings Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Architectural Paints and Coatings Market: Market Share Analysis
11.2. Architectural Paints and Coatings Distributors and Customers
11.3. Architectural Paints and Coatings Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
Methodology
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