MIDDLE EAST AND AFRICA WOOD COATINGS MARKET 2019-2027

Building & Construction | Construction Materials

MIDDLE EAST AND AFRICA WOOD COATINGS MARKET 2019-2027

Market By Resin Type, Technology, Application, And Geography | Forecast 2019-2027

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According to Triton, the Middle East and Africa wood coatings market is expected to show a compelling growth at a CAGR of 6.21% in terms of revenue and 7.02% in terms of volume for the forecasted years 2019-2027.

Following are the countries analyzed in the Middle East and Africa wood coatings market:

•           Saudi Arabia

•           Turkey

•           United Arab Emirates

•           South Africa

•           Rest of the Middle East & Africa

The demand for the wood coatings market in the Middle East is expected to grow due to an increase in the construction of restaurants and hotels, re-painting of old hotels, and maintenance of the architecture. For instance, in Saudi Arabia, a large number of people visit religious pilgrims like Mecca and Medina to offer prayers, which has resulted in boosting the tourism sector. This factor has resulted in the construction of new hotels, and it is likely to offer growth opportunities for the wood coatings market. According to the International Trade Administration, the Saudi government announced a national housing strategy in 2018 to build over 1.5 million new homes in order to address the shortage of affordable housing for Saudi citizens. This is further expected to increase the demand for wood coatings since it is required to protect the furniture.

There is a huge demand for polyurethane and conventional solvent-borne coatings in the Middle East and Africa region. The wood coatings market is hampered due to the government’s regulations on the production of wood coatings over harmful VOC emissions. Thus, water-borne coatings are expected to be adopted for their eco-friendly nature.

RPM International, Inc. (RPM) manufactures, markets, and sells protective coatings, paints, sealants, and adhesives and focuses on the maintenance needs of both consumer and industrial markets. The company provides its products to hardware stores, paint stores, cosmetic companies, craft shops, and other retailers through distributors. The company has its operations in the Middle East and Africa, the Americas, Europe and the Asia-Pacific.


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Table of Content

1.    MIDDLE EAST AND AFRICA WOOD COATINGS MARKET – SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. PORTER’S FIVE FORCES MODEL

2.2.1.   THREAT OF NEW ENTRANTS

2.2.2.   THREAT OF SUBSTITUTE

2.2.3.   BARGAINING POWER OF BUYERS

2.2.4.   BARGAINING POWER OF SUPPLIERS

2.2.5.   THREAT OF COMPETITIVE RIVALRY

2.3. VALUE CHAIN OUTLOOK

2.4. REGULATORY OUTLOOK

2.5. MARKET POSITION OUTLOOK

2.6. KEY INSIGHTS

2.7. MARKET ATTRACTIVENESS INDEX

2.8. MARKET DRIVERS

2.8.1.   RISE IN THE DISPOSABLE INCOME OF CONSUMERS

2.8.2.   GROWTH IN THE CONSTRUCTION ACTIVITIES

2.9. MARKET RESTRAINTS

2.9.1.   RISE IN THE VOLATILE MATERIALS

2.9.2.   CHANGING RAW MATERIAL PRICES

2.10.            MARKET OPPORTUNITIES

2.10.1.                OPPORTUNITIES IN RADIATION CURE COATINGS

2.10.2.                TECHNOLOGICAL ADVANCEMENTS

2.11.            MARKET CHALLENGES

2.11.1.                STRINGENT REGULATIONS RELATED TO THE ENVIRONMENT

3.    WOOD COATINGS MARKET OUTLOOK – BY RESIN TYPE

3.1. POLYURETHANE

3.2. NITROCELLULOSE

3.3. ACRYLICS

3.4. UNSATURATED POLYESTER

3.5. OTHER RESIN TYPE

4.    WOOD COATINGS MARKET OUTLOOK – BY TECHNOLOGY

4.1. WATER-BORNE

4.2. CONVENTIONAL SOLVENT-BORNE

4.3. HIGH SOLID SOLVENT-BORNE

4.4. POWDER COATING

4.5. RADIATION-CURED

4.6. OTHER TECHNOLOGY

5.    WOOD COATINGS MARKET OUTLOOK – BY APPLICATION

5.1. FURNITURE

5.2. JOINERY

5.3. FLOORING

5.4. OTHER APPLICATION

6.    WOOD COATINGS MARKET – REGIONAL OUTLOOK

6.1. MIDDLE EAST AND AFRICA

6.1.1.   COUNTRY ANALYSIS

6.1.1.1.      SAUDI ARABIA

6.1.1.2.      TURKEY

6.1.1.3.      UNITED ARAB EMIRATES

6.1.1.4.      SOUTH AFRICA

6.1.1.5.      REST OF MIDDLE EAST & AFRICA

7.    COMPANY PROFILES

7.1. AXALTA COATING SYSTEMS

7.2. AKZO NOBEL N.V.

7.3. BENJAMIN MOORE & CO.

7.4. NIPPON PAINT HOLDINGS CO., LTD.

7.5. BASF SE

7.6. RPM INTERNATIONAL INC.

7.7. KAPCI COATINGS

7.8. EASTMAN CHEMICAL COMPANY

7.9. HELIOS COATINGS INC

7.10.            DOWDUPONT INC.

7.11.            PPG INDUSTRIES INC.

7.12.            THE SHERWIN-WILLIAMS COMPANY

7.13.            ICA GRUPPEN AB (ICA)

7.14.            KANSAI PAINT CO., LTD.

7.15.            MINWAX COMPANY

8.    RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.1.1.   OBJECTIVES OF STUDY

8.1.2.   SCOPE OF STUDY

8.2. SOURCES OF DATA

8.2.1.   PRIMARY DATA SOURCES

8.2.2.   SECONDARY DATA SOURCES

8.3. RESEARCH METHODOLOGY

8.3.1.   EVALUATION OF PROPOSED MARKET

8.3.2.   IDENTIFICATION OF DATA SOURCES

8.3.3.   ASSESSMENT OF MARKET DETERMINANTS

8.3.4.   DATA COLLECTION

8.3.5.   DATA VALIDATION & ANALYSIS

            

List of table

TABLE 1        MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

TABLE 2        MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

TABLE 3        MARKET POSITION OUTLOOK 2018

TABLE 4        MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY RESIN TYPE, 2019-2027 ($ MILLION)

TABLE 5        MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY RESIN TYPE, 2019-2027 (MILLION LITER)

TABLE 6        MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY TECHNOLOGY, 2019-2027 ($ MILLION)

TABLE 7        MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY TECHNOLOGY, 2019-2027 (MILLION LITER)

TABLE 8        MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY APPLICATION, 2019-2027 ($ MILLION)

TABLE 9        MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY APPLICATION, 2019-2027 (MILLION LITER)

TABLE 10      MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY COUNTRY, 2019-2027 ($ MILLION)

TABLE 11      MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY COUNTRY, 2019-2027 (MILLION LITER)

           

            

List of Figures

FIGURE 1      MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

FIGURE 2      MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

FIGURE 3      MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY POLYURETHANE, 2019-2027 ($ MILLION)

FIGURE 4      MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY POLYURETHANE, 2019-2027 (MILLION LITER)

FIGURE 5      MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY NITROCELLULOSE, 2019-2027 ($ MILLION)

FIGURE 6      MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY NITROCELLULOSE, 2019-2027 (MILLION LITER)

FIGURE 7      MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY ACRYLICS, 2019-2027 ($ MILLION)

FIGURE 8      MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY ACRYLICS, 2019-2027 (MILLION LITER)

FIGURE 9      MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY UNSATURATED POLYESTER, 2019-2027 ($ MILLION)

FIGURE 10   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY UNSATURATED POLYESTER, 2019-2027 (MILLION LITER)

FIGURE 11   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY OTHER RESIN TYPE, 2019-2027 ($ MILLION)

FIGURE 12   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY OTHER RESIN TYPE, 2019-2027 (MILLION LITER)

FIGURE 13   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY WATER-BORNE, 2019-2027 ($ MILLION)

FIGURE 14   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY WATER-BORNE, 2019-2027 (MILLION LITER)

FIGURE 15   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY CONVENTIONAL SOLVENT-BORNE, 2019-2027 ($ MILLION)

FIGURE 16   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY CONVENTIONAL SOLVENT-BORNE, 2019-2027 (MILLION LITER)

FIGURE 17   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY HIGH SOLID SOLVENT-BORNE, 2019-2027 ($ MILLION)

FIGURE 18   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY HIGH SOLID SOLVENT-BORNE, 2019-2027 (MILLION LITER)

FIGURE 19   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY POWDER COATING, 2019-2027 ($ MILLION)

FIGURE 20   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY POWDER COATING, 2019-2027 (MILLION LITER)

FIGURE 21   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY RADIATION-CURED, 2019-2027 ($ MILLION)

FIGURE 22   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY RADIATION-CURED, 2019-2027 (MILLION LITER)

FIGURE 23   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY OTHER TECHNOLOGY, 2019-2027 ($ MILLION)

FIGURE 24   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY OTHER TECHNOLOGY, 2019-2027 (MILLION LITER)

FIGURE 25   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY FURNITURE, 2019-2027 ($ MILLION)

FIGURE 26   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY FURNITURE, 2019-2027 (MILLION LITER)

FIGURE 27   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY JOINERY, 2019-2027 ($ MILLION)

FIGURE 28   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY JOINERY, 2019-2027 (MILLION LITER)

FIGURE 29   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY FLOORING, 2019-2027 ($ MILLION)

FIGURE 30   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY FLOORING, 2019-2027 (MILLION LITER)

FIGURE 31   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY OTHER APPLICATION, 2019-2027 ($ MILLION)

FIGURE 32   MIDDLE EAST AND AFRICA WOOD COATINGS MARKET, BY OTHER APPLICATION, 2019-2027 (MILLION LITER)

FIGURE 33   SAUDI ARABIA WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

FIGURE 34   SAUDI ARABIA WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

FIGURE 35   TURKEY WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

FIGURE 36   TURKEY WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

FIGURE 37   UNITED ARAB EMIRATES WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

FIGURE 38   UNITED ARAB EMIRATES WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

FIGURE 39   SOUTH AFRICA WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

FIGURE 40   SOUTH AFRICA WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

FIGURE 41   REST OF MIDDLE EAST & AFRICA WOOD COATINGS MARKET, 2019-2027 ($ MILLION)

FIGURE 42   REST OF MIDDLE EAST & AFRICA WOOD COATINGS MARKET, 2019-2027 (MILLION LITER)

           

           

            

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