Market Size of GCC Paints & Coatings Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | < 4.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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GCC Paints and Coatings Market Analysis
The market for GCC paints and coatings is expected to grow at a CAGR of around 4% during the forecast period. One of the major factors driving the market studied is the Increasingfocus on tourism and construction.
- Increase in demand for bio-based & eco-friendly paints & coatings is likely to act as an opportunity for the market studied.
- Saudi Arabia is likely to dominate the market during the forecast period.
- Water-borne technology is expected to witness the highest growth during the forecast period.
