Market Insights and Analysis: GCC Water-based Paints Market Overview and Projections (2023-2028)
The GCC Water-based Paints Market size is estimated to grow at a CAGR of around 3.8% during the forecast period, i.e., 2023-28.
Top leading companies in the GCC Water-based Paints Market includes:
AkzoNobel N.V., Jazeera Paint, Asian Paints, Terraco, Fenzi S.p.A., National Paints Factories Co. Ltd., Kansai paints, Pitver Paints & Coatings, Sigma Paints, United Paints & Coatings, etc
Industry Recent Development:
- In 2023, Jazeera Paints, announced to start online sales in the United Arab Emirates. The online store was the first of its kind to sell paint products and construction solutions in the region.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Type
-Natural Water-based Paints
-Synthetic Water-based Paints
By End User
-Construction
--Residential
--Commercial
-Automotive
-Furniture
-Other (Electronics, Marine, etc.)
- The construction sector is experiencing a substantial growth rate in the GCC Water-based Paints Market, with booming investments in infrastructure development activities of residential spaces, and commercial buildings including hospitals, hotels, offices, etc.
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GCC Water-based Paints Market Geographic Reach:
The Geographic Reach of the GCC Water-based Paints Market evaluates the spread and significance of GCC Water-based Paints market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- The UAE
- Saudi Arabia
- Bahrain
- Oman
- Qatar
- Kuwait
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