MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET 2021-2028

Chemicals & Materials | Coatings And Printing Inks

MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET 2021-2028

Market by Resin Type, Substrate, Technology, Industry Vertical, and Regional Outlook | Forecast 2021-2028

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As per Triton’s research report, the Middle East and Africa’s mirror coatings market is expected to grow with a CAGR of 7.38% over the projected phase between 2021 and 2028.


The countries scrutinized in this market are:

•         Saudi Arabia

•         South Africa

•         Turkey

•         The United Arab Emirates

•         Rest of MEA countries

Factors such as the rapid rate of urbanization, increased standard of living, growing middle-class population, enhanced purchasing power, and strong GDP, along with the rising industry & housing sector, young & qualified workforce, and R&D capabilities, are the major growth drivers of the coatings industry. Turkey’s paints & dyes industry mainly uses decorative paints, thus creating a strong correlation with the construction industry. since mirror coatings are largely used for construction purposes, the above-stated factors are aiding the studied market’s growth.

Saudi Arabia’s construction industry contributes significantly to the national GDP. The investments by the government and private companies are expected to raise the number of construction activities in the nation. For instance, the Ministry of Housing announced its plans to construct around 100,000 new houses, in collaboration with real estate developers, with a budget of $17.3 billion. However, due to the COVID-19 pandemic outbreak, the construction industry faced a  major jolt. This led to a weakenening in the demand for mirror coatings.

On the bright side though, the Government of the KSA is trying to diversify its economy, making it a manufacturing & transportation hub. This will provide a boost to the automotive sector as well. The solar power sector is also gaining prominence. Both these industries use mirror coatings on a large scale. Therefore, the growth in these sectors automatically translates to the development of Saudi Arabia’s mirror coatings market in the coming years.

Ophir Optronics is an Israeli company providing precision infrared optics, photonics instrumentation, and 3D non-contact measurement hardware.  It operates mainly in two business segments: Optics Group and Photonics Group. The former division manufactures intracavity mirror coatings that are used in high-power CO2 laser frameworks. Ophir Optronics is headquartered in Hartom, Jerusalem.

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Table of Content

1.     MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET - SUMMARY

2.     INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE MIRROR COATINGS INDUSTRY

2.2. KEY INSIGHTS

2.2.1. RISING INVESTMENT ACROSS THE END-USER INDUSTRIES

2.2.2. DEMAND FOR SUSTAINABLE MIRROR COATINGS

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF SUPPLIERS

2.3.4. BARGAINING POWER OF BUYERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS MATRIX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1. BUSINESS EXPANSIONS & DIVESTITURES

2.6.2. ACQUISITIONS & MERGERS

2.6.3. NEW PRODUCT LAUNCHES

2.7. MARKET DRIVERS

2.7.1. DEMAND FROM THE CONSTRUCTION INDUSTRY

2.7.2. RISE IN SOLAR POWER PROJECTS

2.8. MARKET CHALLENGES

2.8.1. DRAWBACKS OF EPOXY COATING

2.8.2. STRICT GOVERNMENT REGULATIONS

2.9. MARKET OPPORTUNITIES

2.9.1. DEMAND FOR HEAVY CONSTRUCTION MATERIALS

3.     MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET – BY RESIN TYPE

3.1. POLYURETHANE

3.2. EPOXY

3.3. ACRYLIC

3.4. OTHERS

4.     MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET - BY TECHNOLOGY

4.1. SOLVENT-BASED

4.2. WATER-BASED

4.3. NANOCOATINGS

5.     MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET - BY SUBSTRATE

5.1. SILVER

5.2. ALUMINIUM

5.3. OTHER SUBSTRATES

6.     MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET - BY INDUSTRY VERTICAL

6.1. BUILDING & CONSTRUCTION

6.2. AUTOMOTIVE AND TRANSPORTATION

6.3. ENERGY

6.4. OTHER INDUSTRY VERTICALS

7.     MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET – REGIONAL OUTLOOK

7.1. UNITED ARAB EMIRATES

7.2. TURKEY

7.3. SAUDI ARABIA

7.4. SOUTH AFRICA

7.5. REST OF MIDDLE EAST & AFRICA

8.     COMPETITIVE LANDSCAPE

8.1. ABRISA TECHNOLOGIES

8.2. ACCUCOAT INC

8.3. BERLINER GLAS

8.4. CASIX

8.5. DYNASIL CORPORATION

8.6. EDMUND OPTICS INC

8.7. EVAPORATED COATINGS INC

8.8. FENZI SPA

8.9. FOSTA-TEK OPTICS

8.10. GENERAL OPTICS (ASIA LIMITED)

8.11. GUARDIAN GLASS

8.12. JML OPTICAL

8.13. MADER

8.14. OPHIR OPTRONICS SOLUTIONS LTD

8.15. ZEISS INTERNATIONAL

9.     METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

List of table

TABLE 1: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 2: MARKET ATTRACTIVENESS MATRIX

TABLE 3: VENDOR SCORECARD

TABLE 4: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

TABLE 5: LIST OF ACQUISITIONS & MERGERS

TABLE 6: LIST OF NEW PRODUCT LAUNCHES

TABLE 7: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 8: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY RESIN TYPE, 2021-2028 (IN $ MILLION)

TABLE 9: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 10: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY SUBSTRATE, 2021-2028 (IN $ MILLION)

TABLE 11: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY INDUSTRY VERTICAL, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1: PORTER’S FIVE FORCES ANALYSIS

FIGURE 2: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY RESIN TYPE, 2020 & 2028 (IN %)

FIGURE 3: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY POLYURETHANE, 2021-2028 (IN $ MILLION)

FIGURE 4: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY EPOXY, 2021-2028 (IN $ MILLION)

FIGURE 5: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY ACRYLIC, 2021-2028 (IN $ MILLION)

FIGURE 6: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 7: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY TECHNOLOGY, 2020 & 2028 (IN %)

FIGURE 8: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY SOLVENT-BASED, 2021-2028 (IN $ MILLION)

FIGURE 9: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY WATER-BASED, 2021-2028 (IN $ MILLION)

FIGURE 10: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY NANOCOATINGS, 2021-2028 (IN $ MILLION)

FIGURE 11: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY SUBSTRATE, 2020 & 2028 (IN %)

FIGURE 12: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY SILVER, 2021-2028 (IN $ MILLION)

FIGURE 13: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY ALUMINIUM, 2021-2028 (IN $ MILLION)

FIGURE 14: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY OTHER SUBSTRATES, 2021-2028 (IN $ MILLION)

FIGURE 15: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY INDUSTRY VERTICAL, 2020 & 2028 (IN %)

FIGURE 16: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY BUILDING & CONSTRUCTION, 2021-2028 (IN $ MILLION)

FIGURE 17: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY AUTOMOTIVE AND TRANSPORTATION, 2021-2028 (IN $ MILLION)

FIGURE 18: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY ENERGY, 2021-2028 (IN $ MILLION)

FIGURE 19: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, BY OTHER INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

FIGURE 20: MIDDLE EAST AND AFRICA MIRROR COATINGS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 21: UNITED ARAB EMIRATES MIRROR COATINGS MARKET 2021-2028 (IN $ MILLION)

FIGURE 22: TURKEY MIRROR COATINGS MARKET 2021-2028 (IN $ MILLION)

FIGURE 23: SAUDI ARABIA MIRROR COATINGS MARKET 2021-2028 (IN $ MILLION)

FIGURE 24: SOUTH AFRICA MIRROR COATINGS MARKET 2021-2028 (IN $ MILLION)

FIGURE 25: REST OF MIDDLE EAST & AFRICA MIRROR COATINGS MARKET 2021-2028 (IN $ MILLION)

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