Market Size of Middle-East and Africa Coil Coatings Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 4.50 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Middle-East and Africa Coil Coatings Market Analysis
The Middle-East and Africa coil coatings market is estimated to witness a healthy growth, at an estimated CAGR of over 4.5%, over the forecast period. Coil coatings find their application in the manufacturing of typical components, such as sheet and panels for containers, caravan and interior, insulated boxes, trailer bodies, roads, and railway coaches.
- Booming commercial construction activities in Middle East is augmenting the growth of the market.
- Increasing replacement of metals by plastics in the automotive industry is likely to hinder the market growth.
- Saudi Arabia dominated the market and is expected to be the fastest growing market in the region during the forecast period.
