MarkNtel Advisors recently published a detailed industry analysis of the Saudi Arabia Paints & Coatings Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Saudi Arabia Paints & Coatings Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Saudi Arabia Paints & Coatings Market size is estimated at around USD 1.5 billion in 2024 & is expected to grow at a CAGR of around 4.4% during the forecast period, i.e., 2025-30.
Key Findings in Saudi Arabia Paints & Coatings Market:
- Historical Analysis: 2020–2023
- Base Year: 2024
- Forecast Period: 2025–2030
Leading Market Players- PPG Industries, AkzoNobel NV, Jazeera Paints, Jotun, Kansai Paint Co. Ltd., National Paints Factory Co. Ltd., Protech Powder Coatings Inc., Sak Coat, The Sherwin-Williams Company, United Coatings Industries, Zamil Industrial Coatings, and others
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Saudi Arabia Paints & Coatings Market?
Increasing Demand for Paints and Coatings from the Construction & Architecture Industry – The thriving construction sector in Saudi Arabia, fueled by the expansive 'Neom' project worth USD 500 billion and the successful completion of Phase 1 of the Red Sea Project, along with a government-led affordable housing endeavor totaling USD 80 billion, is propelling size & volume within the architectural paints and coatings market. These specialized products meet distinct functional needs such as moisture-resistant bathroom coatings, which are essential for enhancing durability in diverse environments. The country's ever-expanding building industry, coupled with an additional booster package valued at USD 19 billion, will continue to spur demand, resulting in greater sales volumes of these distinctive commodities throughout Saudi Arabia.
Download now and gain valuable insights to inform your business strategy, drive growth, and stay ahead of the competition - Download Free PDF Sample- https://www.marknteladvisors.com/query/request-sample/saudi-arabia-paints-coatings-market.html
What segments define the Saudi Arabia Paints & Coatings Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Resin Type
- Acrylic Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
- Alkyd Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
- Polyurethane Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
- Epoxy Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
- Polyester Resin- Market Size & Forecast 2020-2030, (Thousand Tons)
- Other Resin Types (Polyether Ether Ketone, Polyether Ketone Resin)- Market Size & Forecast 2020-2030, (Thousand Tons)
According to report, The Saudi Arabian paints and coatings industry exhibits a dominant presence of acrylic resin, commanding a significant market share exceeding 70% in waterborne coatings.
By Technology
- Water-based- Market Size & Forecast 2020-2030, (Thousand Tons)
- Solvent-based- Market Size & Forecast 2020-2030, (Thousand Tons)
- Powder-based- Market Size & Forecast 2020-2030, (Thousand Tons)
By End-Use Industry
- Architectural- Market Size & Forecast 2020-2030, (Thousand Tons)
- Automotive- Market Size & Forecast 2020-2030, (Thousand Tons)
- Protective Coatings Market- Market Size & Forecast 2020-2030, (Thousand Tons)
- General Industrial- Market Size & Forecast 2020-2030, (Thousand Tons)
- Other End-user Industries (Wood Coatings)- Market Size & Forecast 2020-2030, (Thousand Tons)
According to report, The architectural paints and coatings segment is poised for substantial market growth within the forecast period, particularly in the context of the Saudi Arabia Paints and Coatings Industry.
Explore the Complete Saudi Arabia Paints & Coatings Market Analysis Report – https://www.marknteladvisors.com/research-library/saudi-arabia-paints-coatings-market.html
Geographical Analysis: Saudi Arabia Paints & Coatings Market
By Region
- North and Central
- West
- East
- South
Saudi Arabia Paints & Coatings Market Recent Development:
- In January 2024, The Sherwin-Williams Company Introduced a new water-based wood coating named Sher-wood Environmentally Adaptable Hydroplus. This water-based wood coating provides enhanced adaptability to several environmental conditions without any performance common with water-based coating.
- 2022: Sigma Coatings (PPG Industries Inc.) launched the latest PPG SIGMA SAILADVANCETM NX coating, the highly acclaimed PPG Sigma Sailadvance series, based on advanced antifouling technology.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Saudi Arabia Paints & Coatings Market?
- How is the Saudi Arabia Paints & Coatings Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/saudi-arabia-paints-coatings-market.html
Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
More Research Studies Report:
https://finance.yahoo.com/news/united-states-us-durian-fruit-053300171.html
https://finance.yahoo.com/news/global-open-banking-market-size-05218.260117.64.html
https://finance.yahoo.com/news/global-clinical-workflow-management-software-0847006.787.64.html
https://finance.yahoo.com/news/global-nutraceutical-products-market-estimated-083900585.html
https://finance.yahoo.com/news/global-hemp-fiber-market-surpass-124700442.html
https://finance.yahoo.com/news/global-tire-market-value-reach-140100987.64.html
https://finance.yahoo.com/news/molybdenum-mo-market-reach-7.64-1401007.6492.html
For Media Inquiries, Please Contact:
Email: sales@marknteladvisors.com
Trending Blogs : www.marknteladvisors.com/blogs
Export-import Data : https://www.marknteladvisors.com/export-import-data
