Middle East and Africa Coil Coatings Market Size, Share & Trends 2031

Segments - Middle East and Africa Coil Coatings Market by Resin Type (Polyester, Polyvinylidene Fluorides, Polyurethane, Plastisols, and Others), End-user Industry (Building and Construction, Industrial and Domestic Appliances, Transportation, Home and Office Furniture, and Others), and Geography (Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, South Africa, and Rest of Middle-East and Africa) -Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Riddhesh Dani

Fact-checked by : Harneet Meher

Editor : Shruti Bhat

Report Description

Middle East and Africa Coil Coatings Market Outlook 2031

The Middle East and Africa Coil Coatings Market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 4.7% during the forecast period, 2023–2031.

The growth of the market is attributed to its application in the manufacturing of several components, such as caravan and interior, sheet and panels for containers, trailer bodies, insulated boxes, roads, and railway coaches and the upsurge demand by the end-user industries for building and construction, appliance, automotive, and others.

Coil coating refers to a multi-layer coating of resins, pigments, and primers that are used to coat metal sheets, such as steel and aluminum. It is used to protect the material against harsh environmental conditions and also provide corrosion resistance.

The Covid-19 pandemic had an adverse impact on the Middle-East and Africa coil coatings market. The production and supply of coil coatings in the market has been on halt owing to lockdown; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.

Coil Coatings Market Trends, Drivers, Restraints, and Opportunities

Enormous properties of coil coatings such as stain resistance, hardness, flexibility, and corrosion resistance are likely to drive the market growth during the forecast period.
Increase in per capita income, urbanization and increasing competitiveness of leading coil coating manufacturers are projected to spur the market expansion of Middle-East and Africa coil coatings in near future.
Booming construction and automotive industry coupled with growing demand from downstream industries are estimated to propel the Middle-East and Africa coil coatings market
Growing environmental compliance and stringent government regulations are anticipated to fuel the market growth in coming years
Rising replacement of metals by plastics in the automotive industry is likely to hinder the market growth.
R&D investment and technological advancement in Middle-East and Africa coil coatings market are expected to offer lucrative opportunities for the market players.

Scope of Middle East and Africa Coil Coatings Market Report

The report on Middle-East and Africa coil coatings market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Middle-East and Africa Coil Coatings Market –Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Resin Type (Polyester, Polyvinylidene Fluorides, Polyurethane, Plastisols, and Other Resin Types), End-user Industry (Building and Construction, Industrial and Domestic Appliances, Transportation, Home and Office Furniture, and Other End-user Industries)
Geography	(Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, South Africa, and Rest of Middle-East and Africa)
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	AkzoNobel N.V, Alcoa Corporation, The Sherwin-Williams Company and PPG Industries, Inc.

Middle East and Africa Coil Coatings Market Segment insights

The polyester segment is projected to constitute a large market share

Based on resin type, the Middle-East and Africa coil coatings market is segregated into polyester, polyvinylidene fluorides, polyurethane, plastisols, and other Resin Type. The polyerter segment is expected to account for a key share of the market during the forecast period owing to its availability and application in the construction industry.

Middle East and Africa Coil Coatings Market Type

The building and construction segment is expected to register a substantial CAGR

Based on end-user industries, the Middle-East and Africa coil coatings market is divided into building and construction, industrial and domestic appliances, transportation, home and office furniture, and other end-user industries.

The building and construction segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to swift industry development, urbanization, and increase in per capita income, coupled with rise in consumer requirements and spending. Roofs, wood panels, metal sheets are some of the products, which are using in coating material for the construction industry.

These products are further providing artistic appeal to residential and commercial buildings. Furthermore, rising non-residential construction activities, including manufacturing industries, commercial building, and factories, have fueled the demand for coil coatings to sustain in harsh weather conditions.

Middle East and Africa Coil Coatings Market End User

Saudi Arabia is expected to dominate the market

In terms of geography, the market is broadly classified into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, South Africa, and Rest of Middle-East and Africa. The market in Saudi Arabia is anticipated to expand at a robust CAGR during the forecast period. Government strategies for the development of social infrastructure, transportation, and energy and utility construction with investments in diversified sectors and an increased inflow of FDI is expected to drive the market growth in near future.

Furthermore, Saudi Arabia is aiming to establish itself as the new automotive hub in the Middle East. The country is trying to attract original equipment manufacturers (OEMs) to open their production plants in the country, to develop the domestic auto industry. Moreover, the country is experiencing a steady growth in new car sales in the market, which is expected to reach one million units by 2020, growing at a rate of 6.7% per annum.

Segments

The Middle-East and Africa coil coatings market has been segmented on the basis of:-

Resin Type

Polyester
Polyvinylidene Fluorides
Polyurethane
Plastisols
Others

End-user Industry

Building and Construction
Industrial and Domestic Appliances
Transportation
Home and Office Furniture
Others

Geography

Saudi Arabia
United Arab Emirates
Qatar, Kuwait
Oman
South Africa
Rest of Middle-East and Africa

Key Companies

AkzoNobel N.V
Alcoa Corporation
The Sherwin-Williams Company
PPG Industries, Inc.

Competitive Landscape

Key players competing in the Middle-East and Africa coil coatings market include AkzoNobel N.V, Alcoa Corporation, The Sherwin-Williams Company and PPG Industries, Inc.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Middle East and Africa Coil Coatings Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Coil 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. Coil Coatings Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Coil Coatings Market - Supply Chain
  4.5. Global Coil Coatings Market Forecast
     4.5.1. Coil Coatings Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Coil Coatings Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Coil Coatings Market Absolute $ Opportunity
5. Global Coil Coatings Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Coil Coatings Market Size and Volume Forecast by Types
     5.3.1. Polyester
     5.3.2. Polyvinylidene Fluorides
     5.3.3. Polyurethane
     5.3.4. Plastisols
     5.3.5. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Coil Coatings Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Coil Coatings Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Coil Coatings Demand Share Forecast, 2019-2026
7. North America Coil 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
  7.2. North America Coil Coatings Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Coil Coatings Market Size and Volume Forecast by Types
     7.4.1. Polyester
     7.4.2. Polyvinylidene Fluorides
     7.4.3. Polyurethane
     7.4.4. Plastisols
     7.4.5. Others
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Coil Coatings Demand Share Forecast, 2019-2026
8. Latin America Coil 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. Latin America Average Pricing Analysis
  8.2. Latin America Coil Coatings Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Coil Coatings Market Size and Volume Forecast by Types
     8.4.1. Polyester
     8.4.2. Polyvinylidene Fluorides
     8.4.3. Polyurethane
     8.4.4. Plastisols
     8.4.5. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Coil Coatings Demand Share Forecast, 2019-2026
9. Europe Coil 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. Europe Average Pricing Analysis
  9.2. Europe Coil Coatings Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Coil Coatings Market Size and Volume Forecast by Types
     9.4.1. Polyester
     9.4.2. Polyvinylidene Fluorides
     9.4.3. Polyurethane
     9.4.4. Plastisols
     9.4.5. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Coil Coatings Demand Share Forecast, 2019-2026
10. Asia Pacific Coil 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. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Coil Coatings Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Coil Coatings Market Size and Volume Forecast by Types
     10.4.1. Polyester
     10.4.2. Polyvinylidene Fluorides
     10.4.3. Polyurethane
     10.4.4. Plastisols
     10.4.5. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Coil Coatings Demand Share Forecast, 2019-2026
11. Middle East & Africa Coil Coatings Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Coil Coatings Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Coil Coatings Market Size and Volume Forecast by Types
     11.4.1. Polyester
     11.4.2. Polyvinylidene Fluorides
     11.4.3. Polyurethane
     11.4.4. Plastisols
     11.4.5. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Coil Coatings Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Coil Coatings Market: Market Share Analysis
  12.2. Coil Coatings Distributors and Customers
  12.3. Coil Coatings Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. AkzoNobel N.V
     12.4.2. Alcoa Corporation
     12.4.3. The Sherwin-Williams Company
     12.4.4. PPG Industries, Inc.