MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET 2022-2028

 

 

TABLE OF CONTENTS

 

1.     MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET - SUMMARY

2.     INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON AUTOMOTIVE PAINTS AND COATINGS MARKET

2.2. KEY INSIGHTS

2.2.1.    INTRODUCTION OF NEW COLORS FOR CAR EXTERIORS

2.2.2.    NEW RESIN AND ADDITIVE TECHNOLOGIES DEVELOPMENT METHODS

2.2.3.    SHIFTING PREFERENCES IN CAR COLORS

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1.    THREAT OF NEW ENTRANTS

2.3.2.    THREAT OF SUBSTITUTES

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 MARKET STRATEGIES

2.6.1.    MERGERS & ACQUISITIONS

2.6.2.    CONTRACTS & AGREEMENTS

2.6.3.    EXPANSIONS

2.7. MARKET DRIVERS

2.7.1.    TECHNOLOGICAL INNOVATIONS IN METALLIC PIGMENTS

2.7.2.    GROWING DEMAND FOR SANITARY CAR INTERIORS

2.7.3.    STRONG GOVERNMENT ASSISTANCE

2.7.4.    INCREASED DEMAND FOR PASSENGER VEHICLES

2.8. MARKET CHALLENGES

2.8.1.    ELEVATED COATINGS COSTS AND RAW MATERIAL SHORTFALLS

2.8.2.    REGULATIONS AND FORMULATOR REGISTRATION REQUIREMENTS

2.9. MARKET OPPORTUNITIES

2.9.1.    NEW DEVELOPMENTS IN COATINGS

2.9.2.    SPECIALLY DESIGNED COATINGS FOR ELECTRIC VEHICLES

3.     MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET OUTLOOK - BY PRODUCT TYPE

3.1. SOLVENT-BORNE

3.2. WATERBORNE

3.3. OTHER COATINGS (POWDER COATINGS, ETC)

4.     MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET OUTLOOK - BY COAT TYPE

4.1. BASE COAT

4.2. ELECTRO COAT

4.3. CLEAR COAT

4.4. PRIMER

5.     MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET OUTLOOK - BY VEHICLE TYPE

5.1. PASSENGER VEHICLES

5.2. LIGHT COMMERCIAL VEHICLES

5.3. HEAVY COMMERCIAL VEHICLES

6.     MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET OUTLOOK - BY END-USERS

6.1. ORIGINAL EQUIPMENT MANUFACTURERS (OEM)

6.2. AUTOMOTIVE REFINISH

7.     MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET – REGIONAL OUTLOOK

7.1. UNITED ARAB EMIRATES

7.2. SAUDI ARABIA

7.3. TURKEY

7.4. SOUTH AFRICA

7.5. REST OF MIDDLE EAST & AFRICA

8.     COMPETITIVE LANDSCAPE

8.1. AKZO NOBEL NV

8.2. AXALTA COATING SYSTEMS

8.3. BASF SE

8.4. BERGER PAINTS LTD

8.5. CONCEPT PAINTS

8.6. HMG PAINTS LTD

8.7. KANSAI PAINT CO LTD

8.8. KAPCI COATINGS

8.9. KCC CORPORATION

8.10.               NATIONAL PAINTS FACTORIES CO LTD

8.11.               PPG INDUSTRIES INC

8.12.               RED SPOT PAINT

8.13.               RPM INTERNATIONAL INC

8.14.               SHERWIN WILLIAMS

8.15.               VALSPAR CORPORATION

9.     RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

 

 

TABLE LIST

TABLE 1: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: NEW PASSENGER CAR REGISTRATIONS IN TOP COUNTRIES IN 2020

TABLE 4: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY PRODUCT TYPE, 2022-2028 (IN $ MILLION)

TABLE 5: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY COAT TYPE, 2022-2028 (IN $ MILLION)

TABLE 6: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY VEHICLE TYPE, 2022-2028 (IN $ MILLION)

TABLE 7: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY END-USERS, 2022-2028 (IN $ MILLION)

TABLE 8: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 9: PRODUCTION AND SALES OF AUTOMOBILES IN THE UNITED ARAB EMIRATES (2016-2020)

TABLE 10: PRODUCTION AND SALES OF AUTOMOBILES IN SAUDI ARABIA (2016-2020)

TABLE 11: PRODUCTION AND SALES OF AUTOMOBILES IN SOUTH AFRICA (2016-2020)

 

 

FIGURE LIST

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY PRODUCT TYPE, 2021 & 2028 (IN %)

FIGURE 3: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY SOLVENT-BORNE, 2022-2028 (IN $ MILLION)

FIGURE 4: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY WATERBORNE, 2022-2028 (IN $ MILLION)

FIGURE 5: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY OTHER COATINGS (POWDER COATINGS, ETC), 2022-2028 (IN $ MILLION)

FIGURE 6: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY COAT TYPE, 2021 & 2028 (IN %)

FIGURE 7: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY BASE COAT, 2022-2028 (IN $ MILLION)

FIGURE 8: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY ELECTRO COAT, 2022-2028 (IN $ MILLION)

FIGURE 9: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY CLEAR COAT, 2022-2028 (IN $ MILLION)

FIGURE 10: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY PRIMER, 2022-2028 (IN $ MILLION)

FIGURE 11: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY VEHICLE TYPE, 2021 & 2028 (IN %)

FIGURE 12: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY PASSENGER VEHICLES, 2022-2028 (IN $ MILLION)

FIGURE 13: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY LIGHT COMMERCIAL VEHICLES, 2022-2028 (IN $ MILLION)

FIGURE 14: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY HEAVY COMMERCIAL VEHICLES, 2022-2028 (IN $ MILLION)

FIGURE 15: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY END-USERS, 2021 & 2028 (IN %)

FIGURE 16: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY ORIGINAL EQUIPMENT MANUFACTURERS (OEM), 2022-2028 (IN $ MILLION)

FIGURE 17: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, BY AUTOMOTIVE REFINISH, 2022-2028 (IN $ MILLION)

FIGURE 18: MIDDLE EAST AND AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)

FIGURE 19: UNITED ARAB EMIRATES AUTOMOTIVE PAINTS AND COATINGS MARKET 2022-2028 (IN $ MILLION)

FIGURE 20: SAUDI ARABIA AUTOMOTIVE PAINTS AND COATINGS MARKET 2022-2028 (IN $ MILLION)

FIGURE 21: TURKEY AUTOMOTIVE PAINTS AND COATINGS MARKET 2022-2028 (IN $ MILLION)

FIGURE 22: SOUTH AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET 2022-2028 (IN $ MILLION)

FIGURE 23: REST OF MIDDLE EAST & AFRICA AUTOMOTIVE PAINTS AND COATINGS MARKET 2022-2028 (IN $ MILLION)

 

 

MARKET OUTLOOK

Triton Market Research’s report suggests that the Middle East and automotive paints and coatings market is envisioned to advance in revenue at a compound annual growth rate of 5.06% during the forecast years 2022-2028. Turkey, Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa shape the market in the considered region.

The automotive industry is the largest sector in South Africa, contributing significantly to the economy. As per estimates, the automotive industry contributed around 6.4% to the GDP in 2019. Over the years, the sector has witnessed tremendous growth, backed by prominent company investments. For instance, in January 2021, Toyota South Africa Motors spent over $3 billion on the production of the new Corolla Cross SUV. Moreover, Ford Motor allocated a significant amount to modernize manufacturing operations in the country. Thus, the rise in car production and investments are fueling the automotive paints and coatings market’s growth.

On the other hand, Israel is the niche market for automotive manufacturing. Nevertheless, the rise in electric vehicles and technological advancements have transformed the industry in recent years, offering unique opportunities to innovate. This has led companies like GM, Ford, and Bosh to establish research and development centers across the nation. Hence, the automotive paints and coatings market will witness growth, given the robust growth of the automotive sector.

 

 

Get more insights into the Middle East and Africa Automotive Paints and Coatings Market:

 

https://www.tritonmarketresearch.com/reports/middle-east-and-africa-automotive-paints-and-coatings-market

 

 

COMPETITIVE OUTLOOK

Leading firms in the automotive paints and coatings market include Akzo Nobel NV, Concept Paints, National Paints Factories Co Ltd, Red Spot Paint, BASF SE, PPG Industries Inc, and KCC Corporation.

 

 

SEGMENTATION

1.     AKZO NOBEL NV

2.     AXALTA COATING SYSTEMS

3.     BASF SE

4.     BERGER PAINTS LTD

5.     CONCEPT PAINTS

6.     HMG PAINTS LTD

7.     KANSAI PAINT CO LTD

8.     KAPCI COATINGS

9.     KCC CORPORATION

10. NATIONAL PAINTS FACTORIES CO LTD

11. PPG INDUSTRIES INC

12. RED SPOT PAINT

13. RPM INTERNATIONAL INC

14. SHERWIN WILLIAMS

15. VALSPAR CORPORATION

 

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