MIDDLE EAST AND AFRICA SMART COATINGS MARKET 2021-2028

Chemicals & Materials | Specialty Chemicals

MIDDLE EAST AND AFRICA SMART COATINGS MARKET 2021-2028

Market by Type of Layer, Application, Coating Type, and Country | Forecast 2021-2028

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Triton Market Research has estimated the smart coatings market in the Middle East and Africa to show an upward trend in revenue, and grow with a CAGR of 24.47% over the forecasting years from 2021 to 2028.


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The countries scrutinized in this market are:

•           Saudi Arabia

•           Turkey

•           United Arab Emirates

•           South Africa

•           Rest of the Middle East & Africa

Saudi Arabia’s economy has been vastly dependent on its oil exports, and its government has strong control over all major economic activities. However, the country is now focusing on establishing itself as the Middle East’s new automotive hub. Also, the country is a large importer of vehicles and automotive parts. And now, it is trying to attract OEMs to set up their production plants here, to develop the domestic automotive industry. The nation is further planning to establish an automotive city so as to offer advantages and cost savings for investors in this sector. It is also planning to develop a manufacturing plant for lightweight vehicles in Riyadh.

Moreover, efforts are underway with Toyota and other major auto manufacturers to establish manufacturing plants in the country. The KSA is embarking on the implementation of several residential and commercial projects, which are expected to boost the construction activities. The growth in these industries is consequently raising the demand for smart coatings as well. All these factors are expected to foster the development of the smart coatings market in Saudi during the forecast period.

Axalta Coating Systems Ltd is a coatings company. It is engaged in the development, manufacturing, marketing, and distribution of high-performance coatings systems, including powder and liquid coatings. The company offers a range of performance and transportation coatings for commercial & light vehicles manufacturers and the refinish aftermarket, as well as for industrial coating system applications. The company operates manufacturing facilities, tech centers, and customer training centers across several regions, including the Middle East and Africa (EMEA).

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Table of Content

1. MIDDLE EAST AND AFRICA SMART COATINGS MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON SMART COATINGS INDUSTRY

2.2. KEY INSIGHTS

2.2.1. DEMAND FROM VARIOUS INDUSTRIES

2.2.2. ADVANCEMENTS IN SELF-HEALING SMART 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 BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY IMPACT ANALYSIS

2.6.1. RAW MATERIALS

2.6.2. PRICE

2.6.3. QUALITY

2.7. KEY MARKET STRATEGIES

2.7.1. ACQUISITIONS

2.7.2. PRODUCT LAUNCHES

2.7.3. CONTRACTS & PARTNERSHIPS

2.7.4. BUSINESS EXPANSIONS & DIVESTITURES

2.8. MARKET DRIVERS

2.8.1. ADVANTAGES OF SMART COATINGS IN COMPARISON TO TRADITIONAL COATINGS

2.8.2. RISE IN DEMAND FROM THE CONSTRUCTION SECTOR

2.9. MARKET CHALLENGES

2.9.1. STRINGENT REGULATIONS FOR ENVIRONMENTAL PROTECTION

2.9.2. HIGHER COST OF SMART COATINGS

2.10. MARKET OPPORTUNITIES

2.10.1. A SHIFT TOWARDS SMART COATINGS FROM THEIR ALTERNATIVE

2.10.2. GROWING MERGERS AND ACQUISITIONS IN THE SMART COATINGS MARKET

3. MIDDLE EAST AND AFRICA SMART COATINGS MARKET OUTLOOK – BY TYPE OF LAYER

3.1. SINGLE-LAYER

3.2. MULTI-LAYER

4. MIDDLE EAST AND AFRICA SMART COATINGS MARKET OUTLOOK – BY APPLICATION

4.1. BUILDING & CONSTRUCTION

4.2. AUTOMOTIVE

4.3. MARINE

4.4. AEROSPACE & DEFENCE

4.5. OTHER APPLICATIONS

5. MIDDLE EAST AND AFRICA SMART COATINGS MARKET OUTLOOK – BY COATING TYPE

5.1. ANTI-MICROBIAL

5.2. ANTI-CORROSION

5.3. ANTI-FOULING

5.4. ANTI-ICING

5.5. SELF-CLEANING

5.6. SELF-HEALING

5.7. OTHER COATING TYPES

6. MIDDLE EAST AND AFRICA SMART COATINGS MARKET – REGIONAL OUTLOOK

6.1. UNITED ARAB EMIRATES

6.2. SAUDI ARABIA

6.3. TURKEY

6.4. SOUTH AFRICA

6.5. REST OF MIDDLE EAST & AFRICA

7. COMPETITIVE LANDSCAPE

7.1. 3M COMPANY

7.2. AKZONOBEL NV

7.3. ANCATT INC

7.4. AXALTA COATING SYSTEM

7.5. BASF SE

7.6. EASTMAN CHEMICAL COMPANY

7.7. EI DU PONT DE NEMOURS & COMPANY

7.8. HEMPEL AS

7.9. JOTUN AS

7.10. NEI CORPORATION

7.11. NIPPON STEEL CORPORATION

7.12. PPG INDUSTRIES INC

7.13. ROYAL DSM NV

7.14. TESLA NANOCOATINGS INC

7.15. DOW CHEMICAL COMPANY

7.16. THE SHERWIN WILLIAMS COMPANY

8. RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of Tables

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

TABLE 2: VENDOR SCORECARD        

TABLE 3: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY TYPE OF LAYER, 2021-2028 (IN $ MILLION)

TABLE 4: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)          

TABLE 5: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY COATING TYPE, 2021-2028 (IN $ MILLION)          

TABLE 6: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)         

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX       

FIGURE 2: KEY IMPACT ANALYSIS     

FIGURE 3: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY TYPE OF LAYER, 2020 & 2028 (IN %)

FIGURE 4: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY SINGLE-LAYER, 2021-2028 (IN $ MILLION)

FIGURE 5: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY MULTI-LAYER, 2021-2028 (IN $ MILLION)          

FIGURE 6: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY APPLICATION, 2020 & 2028 (IN %)          

FIGURE 7: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY BUILDING & CONSTRUCTION, 2021-2028 (IN $ MILLION)  

FIGURE 8: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)          

FIGURE 9: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY MARINE, 2021-2028 (IN $ MILLION)        

FIGURE 10: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY AEROSPACE & DEFENCE, 2021-2028 (IN $ MILLION)   

FIGURE 11: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)     

FIGURE 12: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY COATING TYPE, 2020 & 2028 (IN %)

FIGURE 13: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY ANTI-MICROBIAL, 2021-2028 (IN $ MILLION)

FIGURE 14: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY ANTI-CORROSION, 2021-2028 (IN $ MILLION)

FIGURE 15: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY ANTI-FOULING, 2021-2028 (IN $ MILLION)

FIGURE 16: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY ANTI-ICING, 2021-2028 (IN $ MILLION)          

FIGURE 17: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY SELF-CLEANING, 2021-2028 (IN $ MILLION)

FIGURE 18: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY SELF-HEALING, 2021-2028 (IN $ MILLION)

FIGURE 19: MIDDLE EAST AND AFRICA SMART COATINGS MARKET, BY OTHER COATING TYPES, 2021-2028 (IN $ MILLION)         

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

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

FIGURE 22: SAUDI ARABIA SMART COATINGS MARKET 2021-2028 (IN $ MILLION) 

FIGURE 23: TURKEY SMART COATINGS MARKET 2021-2028 (IN $ MILLION) 

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

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

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