How Big is the Saudi Arabia Paints & Coatings Market?
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. The paints and coatings market in Saudi Arabia is witnessing dynamic growth, buoyed by multiple drivers. The surge in urbanization and continuous construction endeavors are bolstering the demand for housing and business accommodations. Furthermore, a greater emphasis on maintaining infrastructure aesthetics while safeguarding against harm is spurring an increase in sophisticated coating usage, leading to market growth & expansion. Rigorous environmental regulations coupled with mounting interest in sustainability factors have hastened the production of eco-friendly or low-VOC options that align better with consumers’ preferences toward environmentally conscious alternatives. The inclination towards renovating pre-existing structures serves as a testament to how agile this field continues to be, catering adeptly even amid changing customer demands.
Market Statistics
- Market Size in 2024: USD 1.5 billion
- Market Growth Rate (CAGR): 4.4% from 2025-2030
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/saudi-arabia-paints-coatings-market.html
Saudi Arabia Paints & Coatings Market Insight:
Driver-
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.
Saudi Arabia Paints & Coatings Market Segmentation:
The report has segmented the market into the following categories:
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)
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)
By Region
- North and Central
- West
- East
- South
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Competitive Landscape:
- PPG Industries
- AkzoNobel NV
- Jazeera Paints
- 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
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
*Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*
Key Highlights of the Report:
- Market Performance (2025-2030)
- Strategic Recommendations
- Current, Historical and Future Market Trends
- Market Drivers and Leading Competitor
- SWOT Analysis
- Structure of the Market
- Comprehensive Mapping and Recent Advancement
Other Report:
- https://www.blogger.com/blog/post/edit/1174872584837895911/6988041942922044421
- https://www.blogger.com/blog/post/edit/1174872584837895911/6516766139458288170
- https://www.blogger.com/blog/post/edit/1174872584837895911/6516766139458288170
- https://www.blogger.com/blog/post/edit/1174872584837895911/4249884625160292408
- https://www.blogger.com/blog/post/edit/1174872584837895911/8192583320930472159
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