Paint, Ink and Coating
Feb 12, 2025
Paint and coatings industry in the Middle East is growing significantly due to rapid urbanization, expanding infrastructure, and increasing industrial applications. According to Future Market Insight, sales in the region stood at USD 5,141.4 million in 2024 and are projected to reach USD 8,521.2 million by 2035, growing at a CAGR of 4.7% from 2025 to 2035. One of the major drivers is the growing construction sector in the region, which will create substantial demand for protective and decorative coatings.
The Middle East has witnessed a surge in residential and commercial construction, particularly in the UAE and Saudi Arabia, due to rapid urbanization. New developments, including high-rise buildings, gated communities, and luxury villas, require durable and aesthetically appealing paints.
Additionally, infrastructure development projects initiated by governments for roads, bridges, airports, and public utilities also drive demand for protective coatings to ensure longevity. Countries like Saudi Arabia, Qatar, and Kuwait are heavily investing in these sectors, boosting the paints and coatings market further.
UAE & Saudi Arabia: These nations dominate the market, driven by expanding residential and commercial projects. Saudi Arabia's Vision 2030 initiatives have further accelerated demand for high-quality coatings.
Kuwait: Expected to be the fastest-growing market, fueled by massive infrastructure developments.
Qatar: According to the Planning and Statistics Authority (PSA), 884 new building permits were issued in September 2022, with residential developments leading the segment. The demand for paints and coatings in Qatar is projected to rise significantly.
Beyond construction, industrial applications in oil & gas, manufacturing, and marine sectors are contributing to market expansion. Protective coatings are essential for corrosion resistance, chemical protection, and heat resistance in industrial facilities, ensuring long-term durability.
With sustained government investments and strong private sector participation, the Middle East’s paints and coatings industry is poised for long-term growth. Between 2025 and 2035, the market will witness increased investments in sustainable coatings, eco-friendly solutions, and smart coating technologies. Businesses involved in the supply and distribution of raw materials, additives, and specialty coatings have significant opportunities in this expanding market.
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