Market Size of United Arab Emirates Protective Coatings Industry
| Study Period | 2017-2027 |
| Base Year For Estimation | 2021 |
| Forecast Data Period | 2024 - 2028 |
| Historical Data Period | 2018 - 2020 |
| CAGR | > 3.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UAE Protective Coatings Market Analysis
By the end of the year, the protective coatings market in the United Arab Emirates was worth USD 63 million. The market is projected to register a CAGR of 3.5% during the forecast period. The COVID-19 pandemic has harmed the current study market. However, post-pandemic, the rising implementation of infrastructural projects has revived the country's protective coatings market.
- Growing infrastructure and industrialization are expected to drive the country’s protective coatings market.
- Fluctuations in the prices of raw materials are expected to hamper the market's growth.
- During the forecast period, the growing demand for powder coatings is likely to give the market a number of chances to grow.
- The market for protective coatings in the country is expected to be led by the infrastructure coatings segment in the end-user segment.
