Middle-East & Africa Epoxy Powder Coatings Market Analysis & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Middle-East & Africa Epoxy Powder Coatings Market - Segmented by End-user Industry, Coating Type, and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

Saudi Arabia and Qatar are leading the regional boom and both their construction sectors have grown at an average rate of over 10% in the past five years. Saudi Arabia has generated large-scale projects worth USD 800 billion to boost its infrastructure in the coming years. The government has expansive plans for the development of social infrastructure, transportation, and energy & utility construction in the country. The Dubai Expo 2020, which is set to take place over the six-month period between October 2020 and April 2021, is estimated to attract more than 25 million tourists. Additionally, FIFA World-Cup in Qatar is anticipated to provide significant opportunities for development of new constructions. Dubai is also focusing on other mega projects, such as the Al Maktoum International Airport expansion, whose current budget is estimated to be about USD 32 billion, and is planned to accommodate more than 200 million passengers/year.

Power generation facilities contain various equipment and buildings. Epoxy powder coatings are extensively used in the energy sector as they are extremely resistant to abrasion, liquid penetration, heat, corrosion, and chemical attack. Saudi Arabia is expected to increase power generation capacity from 77 GW in 2014 to 156 GW by 2040.

Growth of the construction sector in Saudi Arabia has been largely powered by the massive investments by the government and increased inflow of FDI. Some of the major construction projects are: Junail II, Makkah Grand Mosque Redevelopment, Jeddah and Riyadh Metro, King Abdullah Port Expansion, The Kingdom Tower, King Abdullah Economics City of Rabigh. The growing oil & gas sector in Saudi Arabia is driving the epoxy powder coatings market, as the sector involves operations, like drilling, wellhead, and sub-sea equipment, and these equipment require coatings, especially for heat & abrasion resistance, and for long component life.

Companies Mentioned

  • Akzo Nobel N.V
  • Al Jazeera Paints
  • Axalta Coating Systems
  • BASF SE
  • Beckers Group
  • Berger Paints Emirates Ltd.
  • Carpoly
  • Evonik
  • Hempel
  • Jotun
  • KCC Corporation
  • National Paints Factories Co. Ltd.
  • Nippon paint
  • PPG Industries Inc.
  • Premier Paints Company Limited
  • Rohm & Haas
  • Terraco UAE Ltd.
  • Wacker Chemicals Middle-East FZE

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

9. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/pjlj2g/middleeast_and?w=4

Contacts

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Related Topics: Paints and Coatings

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Paints and Coatings