Market Size of United Arab Emirates (UAE) Paints and Coatings Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 3.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Paint in UAE Market Analysis
The United Arab Emirates paints and coatings market is expected to reach over USD 770 million by the end of this year. It is expected to register a CAGR of more than 3% during the forecast period.
The Covid pandemic negatively affected the current studied market. However, post covid pandemic, the rising implementation of infrastructural projects revived the country's paints and coatings market.
- The increasing commercial construction activities in the United Arab Emirates are driving the demand for the market studied.
- Conversely, fluctuation in raw material prices is estimated to hamper the market's growth.
- The nanotechnology used in the paints and coatings industry is expected to offer various market growth opportunities during the forecast period.
- In the end-user segment, the architectural sector dominated the market in the country.
