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2021
Egypt Paints & Coatings Market

Egypt Paints & Coatings Market by Resin Type (Acrylic Resin, Alkyd Resin, Polyurethane Resin, Epoxy Resin, Polyester Resin, and Others), Technology (Water-Based, Solvent-Based, Powder-Based, and Others) and Product Type (Decorative Paints & Coatings and Industrial Paints & Coatings): Opportunity Analysis and Industry Forecast, 2020–2027

A09431
Pages: 178
Feb 2021 | 2683 Views
   
Author(s) : Saurabh Dixit, Rutuja Danekar , Eswara Prasad
Tables: 58
Charts: 61
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COVID-19

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Egypt Paints & Coatings Market Outlook - 2027

The Egypt paints & coatings market was valued at $2.2 billion in 2019, and is projected to reach $3.6 billion by 2027, growing at a CAGR of 7.9% from 2020 to 2027.

The Egypt paints & coatings market had sluggish impact of the COVID-19 breakdown, as ongoing projects from various industries such as construction, oil & gas, manufacturing, and others are on hold or cancelled.

Paints & coatings are the liquid, solvent, or powder-based products used to applied on various surfaces to give them decorative and protective finishing. Paints & coatings products protect surfaces from corrosion, weathering, mechanical damage, heat, and temperature. Paint products are classified as volatile and non-volatile. Volatile paint products include organic solvents, water and other agents. Where non-volatile paint products include binders, resins, plasticizers, paint additives, dyes, pigments, and extenders.

Egypt-Paints-&-Coatings-Market,-2020-2027

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Rise in demand for paints & coatings products from the building & construction industry from the region is expected to fuel the growth of the market during the forecast period. Paints & coatings play major role in interior & exterior coating applications, corrosion protection, decoration and others. This is expected to fuel the demand collectively from decorative and industrial applications in the upcoming years. However, rise in prices of raw materials is projected to hamper the growth of the market during the analyzed time frame.

For the purpose of analysis, the Egypt paints & coatings market is segmented into resin type, technology, and product type. Depending on resin type, the market is categorized into acrylic resin, alkyd resin, polyurethane resin, epoxy resin, polyester resin, and others. On the basis of technology, it is classified into water-based, solvent-based, powder-based and others. The product types covered in the study include decorative paints & coatings and industrial paints & coatings. 

Decorative paints & coatings segment is further sub-segmented into emulsions, enamel paints, distemper, and cement paints (acrylic spray plaster & undercoats). Industrial paints & coatings segment is further sub-classified into powder coating, automotive coating, wood furniture & cabinet coating, coil coating, non-wood furniture and fixture (texture coatings), machinery & equipment, paper & films, and others. The key players operating in the Egypt paints & coatings market are Akzo Nobel N.V., BASF SE, GLC Paints, Jotun A/S, KAPCI Coatings, MIDO Coatings, Orient Paints, PACHIN, PPG Industries, Inc., and SIPES Egypt. 

These key players are adopting various strategies such as product launch, acquisition, business expansion, collaboration, investment, and agreement, to stay competitive in the paints & coatings market. 

For instance, in December 2020, Akzo Nobel N.V. acquired New Nautical Coatings (Yacht Coating Company). Through this acquisition, Akzo Nobel can expand its operations and position in the North America yacht coating market. This has enhanced the position of the company in the North America region.

Other players operating in the Egypt paints & coatings market are SCIB Chemicals S.A.E., ESNA Chemicals, Sigma Paints, Hempel A/S, National Paints Factories Co. Ltd. and others.

The Egypt paints & coatings market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is 2020–2027. The report includes the study of the Egypt paints & coatings market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.

Egypt Paints & Coatings Market, by resin type

By resin type, the acrylic resin segment held the largest market share in 2019. This is attributed to rapid growth in building & construction of high-end real estate, tourist and leisure developments, infrastructure projects, and social housing. In addition, increase in demand for acrylic paints & coatings from marine & vessels, electrical, machinery & equipment, metals and other applications is projected to fuel the paints & coatings market growth during the analyzed time frame.

Egypt Paints & Coatings Market
By Resin Type

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Acrylic resin is projected as the most lucrative segment.

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Egypt Paints & Coatings Market, by technology

On the basis of technology, the solvent-based technology segment dominated the Egypt paints & coatings market in 2019, in terms of share, owing to increase in demand for solvent-based paints & coatings are used in the applications including doors, trims, cabinets, furniture, industrial machinery & equipment, and steel structure. In addition, solvent-based paints & coatings offer several advantages such as durability, strength, resistance to scratches & abrasions, resistance to severe weather conditions, quick drying and others, which in turn is expected to fuel the demand for this type of paints in the upcoming years.

Egypt Paints & Coatings Market
By Technology

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Solvent-Based technology is projected as the most lucrative segment.

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Egypt Paints & Coatings Market, by product type

By product type, the decorative paints & coatings segment dominated the highest share in the Egypt paints & coatings market in 2019, and is expected to maintain the same during the forecast period. This is owing to increase in demand for paints & coatings products used in the applications such as interior wall painting, floor coating, wood & furniture coating, and other decorative purposes, owing to increase in consumer interest toward renovation of existing & old infrastructure. In addition, rapid growth of foreign investment in expanding their manufacturing facilities and government support toward attracting foreign investment are expected to drive the growth of the construction sector in the country.

Egypt Paints & Coatings Market
By Product Type

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Decorative Paints & Coatings segment holds a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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COVID-19 impact on the market

Lockdown imposed due to outbreak of the COVID-19 pandemic has resulted in temporary ban on the import and export; thereby, disrupting the supply chain and hampering the paints & coatings market growth in the second and third quarter of 2020. However, the market is expected to recover in the late year or by the first quarter of 2021 as the demand and production of paints & coatings products restarts. 

Key Benefits For Stakeholders

  • The report includes in-depth analysis of different segments and provides market estimations between 2020 and 2027.
  • A comprehensive analysis of the factors that drive and restrict the growth of the Egypt paints & coatings market is provided.
  • Porter’s five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
  • Estimations and forecast are based on factors impacting the Egypt paints & coatings market growth, in terms of value.
  • Key market players are profiled to gain an understanding of the strategies adopted by them.
  • This report provides a detailed analysis of the current Egypt paints & coatings market trends and future estimations from 2020 to 2027, which helps identify the prevailing market opportunities.

Key Market Segments

  • By Technology
    • Water-based
    • Solvent-based
    • Powder-based
    • Others
      • Radiation Curable
      • High Solid
      • Electron Beam
  • By Resin Type
    • Acrylic Resin
    • Alkyd Resin
    • Polyurethane Resin
    • Epoxy Resin
    • Polyester Resin
    • Other resins
      • Polyether Ether Ketone (PEEK)
      • Polyether Ketone (PEK)
      • Vinyl/Styrene resin
      • Polyaryl Ether Ketone (PAEK)
  • By Product Type
    • Decorative Paints & Coatings
      • Emulsions
      • Enamel paints
      • Distemper
      • Cement Paints (Acrylic Spray Plaster & Undercoats)
    • Industrial Paints & Coatings
      • Powder coating
      • Automotive coating
      • Wood furniture & cabinet coating
      • Coil coating
      • Non-wood furniture and fixture (texture coatings)
      • Machinery & equipment
      • Paper & films
      • Others


Key Market Players

  • AKZO NOBEL N.V.
  • BASF SE
  • GERMAN LEBANESE COMPANY (GLC) PAINTS
  • JOTUN A/S
  • KAPCI COATINGS
  • MIDO COATINGS
  • ORIENT PAINTS
  • PAINTS & CHEMICAL INDUSTRIES (PACHIN)
  • PPG INDUSTRIES INC.
  • SIPES EGYPT
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping the market
3.3.Value chain analysis
3.4.Top investment pockets
3.5.Patent analysis

3.5.1.By region, 2013–2020

3.6.Market dynamics

3.6.1.Drivers

3.6.1.1.Growth in building & construction activities in the region
3.6.1.2.Rise in demand for heat & UV resistant paints & coatings products

3.6.2.Restraint

3.6.2.1.Rise in prices of raw materials

3.6.3.Opportunity

3.6.3.1.Rise in demand for eco-friendly paints & coatings products

3.7.Pricing analysis

3.7.1.Pricing Analysis, by resin type
3.7.2.Pricing Analysis, by top variants
3.7.3.Pricing Analysis, by supplier

3.8.Impact of government rules and regulations
3.9.Impact of COVID-19 outbreak on the market
3.10.Trade outlook on paints & coatings market

3.10.1.Import analysis of paints & coatings, (2015-2019) (Tons)
3.10.2.Export analysis of paints & coatings, (2015-2019) (Tons)

3.11.Criss-Cross analysis

3.11.1.Resin Type V/s End-Use Industry
3.11.2.Resin Type V/s Technology

3.12.Market Profitability

CHAPTER 4:EGYPT PAINTS & COATINGS MARKET, BY RESIN TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Acrylic resin

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, 2019-2027 ($Million)
4.2.3.Market size and forecast, 2019-2027 (Tons)

4.3.Alkyd resin

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, 2019-2027 ($Million)
4.3.3.Market size and forecast, 2019-2027 (Tons)

4.4.Polyurethane resin

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, 2019-2027 ($Million)
4.4.3.Market size and forecast, 2019-2027 (Tons)

4.5.Epoxy resin

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, 2019-2027 ($Million)
4.5.3.Market size and forecast, 2019-2027 (Tons)

4.6.Polyester resin

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, 2019-2027 ($Million)
4.6.3.Market size and forecast, 2019-2027 (Tons)

4.7.Other resins

4.7.1.Key market trends, growth factors, and opportunities
4.7.2.Market size and forecast, 2019-2027 ($Million)
4.7.3.Market size and forecast, 2019-2027 (Tons)
4.7.4.Market size and forecast

4.7.4.1.Polyether Ether Ketone (PEEK)
4.7.4.2.Polyether Ketone (PEK)
4.7.4.3.Vinyl/Styrene resin
4.7.4.4.Polyaryl Ether Ketone (PAEK)

CHAPTER 5:EGYPT PAINTS & COATINGS MARKET, BY TECHNOLOGY

5.1.Overview

5.1.1.Market size and forecast

5.2.Water-based

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, 2019-2027 ($Million)
5.2.3.Market size and forecast, 2019-2027 (Tons)

5.3.Solvent-based

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, 2019-2027 ($Million)
5.3.3.Market size and forecast, 2019-2027 (Tons)

5.4.Powder-based

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, 2019-2027 ($Million)
5.4.3.Market size and forecast, 2019-2027 (Tons)

5.5.Others

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, 2019-2027 ($Million)
5.5.3.Market size and forecast, 2019-2027 (Tons)
5.5.4.Market size and forecast

5.5.4.1.Radiation curable
5.5.4.2.High solid
5.5.4.3.Electron beam

CHAPTER 6:EGYPT PAINTS & COATINGS MARKET, BY PRODUCT TYPE

6.1.Overview

6.1.1.Market size and forecast

6.2.Decorative paints & coatings

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, 2019-2027 ($Million)
6.2.3.Market size and forecast, 2019-2027 (Tons)
6.2.4.Market size and forecast

6.2.4.1.Emulsions
6.2.4.2.Enamel paints
6.2.4.3.Distemper
6.2.4.4.Cement Paints (Acrylic Spray Plaster & Undercoats)

6.3.Industrial paints & coatings

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, 2019-2027 ($Million)
6.3.3.Market size and forecast, 2019-2027 (Tons)
6.3.4.Market size and forecast

6.3.4.1.Powder coating
6.3.4.2.Automotive coating
6.3.4.3.Wood furniture & cabinet coating
6.3.4.4.Coil coating
6.3.4.5.Non-wood furniture and fixture (texture coatings)
6.3.4.6.Machinery & equipment
6.3.4.7.Paper & films
6.3.4.8.Others

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.Introduction

7.1.1.Market player positioning, 2019

7.2.Top winning strategies

7.2.1.Top winning strategies, by year
7.2.2.Top winning strategies, by development
7.2.3.Top winning strategies, by company

7.3.Product Mapping of Top 10 Players
7.4.Competitive heatmap
7.5.Key developments

7.5.1.New product launches
7.5.2.Agreements
7.5.3.Acquisitions
7.5.4.Business Expansions
7.5.5.Collaboration
7.5.6.Investment

CHAPTER 8:COMPANY PROFILES

8.1.AKZO NOBEL N.V.

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Product portfolio
8.1.5.Business performance
8.1.6.Key strategic moves and developments

8.2.BASF SE

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Operating business segments
8.2.4.Product portfolio
8.2.5.Business performance
8.2.6.Key strategic moves and developments

8.3.GERMAN LEBANESE COMPANY (GLC) PAINTS

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Product portfolio

8.4.JOTUN A/S

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio
8.4.5.Business performance
8.4.6.Key strategic moves and developments

8.5.KAPCI COATINGS

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Product portfolio
8.5.4.Key strategic moves and developments

8.6.MIDO COATINGS

8.6.1.Company overview
8.6.2.Company Snapshot
8.6.3.Product portfolio

8.7.ORIENT PAINTS

8.7.1.Company overview
8.7.2.Company Snapshot
8.7.3.Product portfolio

8.8.PAINTS & CHEMICAL INDUSTRIES (PACHIN)

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Product portfolio
8.8.4.Business performance

8.9.PPG INDUSTRIES INC.

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio
8.9.5.Business performance
8.9.6.Key strategic moves and developments

8.10.SIPES EGYPT

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product portfolio

LIST OF TABLES

TABLE 01.IMPORT ANALYSIS OF PAINTS & COATINGS, (2015-2019) (TONS)
TABLE 02.EXPORT ANALYSIS OF PAINTS & COATINGS, (2015-2019) (TONS)
TABLE 03.CRISS-CROSS ANALYSIS
TABLE 04.CRISS-CROSS ANALYSIS
TABLE 05.EGYPT PAINTS & COATINGS MARKET, BY RESIN TYPE, 2019–2027 ($MILLION)
TABLE 06.EGYPT PAINTS & COATINGS MARKET, BY RESIN TYPE, 2019–2027 (TONS)
TABLE 07.EGYPT PAINTS & COATINGS MARKET, BY OTHER RESIN TYPE, 2019–2027 ($MILLION)
TABLE 08.EGYPT PAINTS & COATINGS MARKET, BY OTHER RESIN TYPE, 2019–2027 (TONS)
TABLE 09.EGYPT PAINTS & COATINGS MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 10.EGYPT PAINTS & COATINGS MARKET, BY TECHNOLOGY, 2019–2027 (TONS)
TABLE 11.EGYPT PAINTS & COATINGS MARKET, BY OTHER TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 12.EGYPT PAINTS & COATINGS MARKET, BY OTHER TECHNOLOGY, 2019–2027 (TONS)
TABLE 13.EGYPT PAINTS & COATINGS MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 14.EGYPT PAINTS & COATINGS MARKET, BY PRODUCT TYPE, 2019–2027 (TONS)
TABLE 15.EGYPT PAINTS & COATINGS MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 16.EGYPT PAINTS & COATINGS MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 17.EGYPT PAINTS & COATINGS MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 18.EGYPT PAINTS & COATINGS MARKET, BY TYPE, 2019–2027 (TONS)
TABLE 19.KEY NEW PRODUCT LAUNCHES (2016-2020)
TABLE 20.KEY AGREEMENTS (2016-2020)
TABLE 21.KEY ACQUISITIONS (2016-2020)
TABLE 22.KEY BUSINESS EXPANSIONS (2016-2020)
TABLE 23.KEY COLLABORATION (2016-2020)
TABLE 24.KEY INVESTMENT (2016-2020)
TABLE 25.AKZO NOBEL: COMPANY SNAPSHOT
TABLE 26.AKZO NOBEL: OPERATING SEGMENTS
TABLE 27.AKZO NOBEL: PRODUCT PORTFOLIO
TABLE 28.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 29.AKZO NOBEL N.V.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 30.BASF: COMPANY SNAPSHOT
TABLE 31.BASF: OPERATING SEGMENTS
TABLE 32.BASF: PRODUCT PORTFOLIO
TABLE 33.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 34.BASF: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 35.GLC PAINTS: COMPANY SNAPSHOT
TABLE 36.GLC PAINTS: PRODUCT PORTFOLIO
TABLE 37.JOTUN: COMPANY SNAPSHOT
TABLE 38.JOTUN: OPERATING SEGMENTS
TABLE 39.JOTUN: PRODUCT PORTFOLIO
TABLE 40.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 41.JOTUN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 42.KAPCI COATINGS: COMPANY SNAPSHOT
TABLE 43.KAPCI COATINGS: PRODUCT PORTFOLIO
TABLE 44.KAPCI COATINGS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 45.MIDO: COMPANY SNAPSHOT
TABLE 46.MIDO: PRODUCT PORTFOLIO
TABLE 47.ORIENT PAINTS: COMPANY SNAPSHOT
TABLE 48.ORIENT PAINTS: PRODUCT PORTFOLIO
TABLE 49.PACHIN: COMPANY SNAPSHOT
TABLE 50.PACHIN: PRODUCT PORTFOLIO
TABLE 51.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 52.PPG: COMPANY SNAPSHOT
TABLE 53.PPG: OPERATING SEGMENTS
TABLE 54.PPG: PRODUCT PORTFOLIO
TABLE 55.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 56.PPG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 57.SIPES EGYPT: COMPANY SNAPSHOT
TABLE 58.SIPES EGYPT: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 03.MODERATE THREAT OF NEW ENTRANTS
FIGURE 04.MODERATE THREAT OF SUBSTITUTES
FIGURE 05.HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 06.MODERATE BARGAINING POWER OF BUYERS
FIGURE 07.VALUE CHAIN ANALYSIS
FIGURE 08.TOP INVESTMENT POCKETS
FIGURE 09.PATENT ANALYSIS, BY REGION
FIGURE 10.EGYPT PAINTS & COATINGS MARKET DYNAMICS
FIGURE 11.PRICING ANALYSIS, BY RESIN TYPE
FIGURE 12.PRICING ANALYSIS, BY TOP VARIANTS
FIGURE 13.PRICING ANALYSIS, BY SUPPLIER
FIGURE 14.MARKET PROFITABILITY
FIGURE 15.EGYPT PAINTS & COATINGS MARKET, BY RESIN TYPE, 2019–2027
FIGURE 16.EGYPT PAINTS & COATINGS MARKET FOR ACRYLIC RESIN, 2019-2027 ($MILLION)
FIGURE 17.EGYPT PAINTS & COATINGS MARKET FOR ACRYLIC RESIN, 2019-2027 (TONS)
FIGURE 18.EGYPT PAINTS & COATINGS MARKET FOR ALKYD RESIN, 2019-2027 ($MILLION)
FIGURE 19.EGYPT PAINTS & COATINGS MARKET FOR ALKYD RESIN, 2019-2027 (TONS)
FIGURE 20.EGYPT PAINTS & COATINGS MARKET FOR POLYURETHANE RESIN, 2019-2027 ($MILLION)
FIGURE 21.EGYPT PAINTS & COATINGS MARKET FOR POLYURETHANE RESIN, 2019-2027 (TONS)
FIGURE 22.EGYPT PAINTS & COATINGS MARKET FOR EPOXY RESIN, 2019-2027 ($MILLION)
FIGURE 23.EGYPT PAINTS & COATINGS MARKET FOR EPOXY RESIN, 2019-2027 (TONS)
FIGURE 24.EGYPT PAINTS & COATINGS MARKET FOR POLYESTER RESIN, 2019-2027 ($MILLION)
FIGURE 25.EGYPT PAINTS & COATINGS MARKET FOR POLYESTER RESIN, 2019-2027 (TONS)
FIGURE 26.EGYPT PAINTS & COATINGS MARKET FOR OTHER RESINS, 2019-2027 ($MILLION)
FIGURE 27.EGYPT PAINTS & COATINGS MARKET FOR OTHER RESINS, 2019-2027 (TONS)
FIGURE 28.EGYPT PAINTS & COATINGS MARKET, BY TECHNOLOGY, 2019–2027
FIGURE 29.EGYPT WATER-BASED PAINTS & COATINGS MARKET, 2019-2027 ($MILLION)
FIGURE 30.EGYPT WATER-BASED PAINTS & COATINGS MARKET, 2019-2027 (TONS)
FIGURE 31.EGYPT SOLVENT-BASED PAINTS & COATINGS MARKET, 2019-2027 ($MILLION)
FIGURE 32.EGYPT SOLVENT-BASED PAINTS & COATINGS MARKET, 2019-2027 (TONS)
FIGURE 33.EGYPT POWDER-BASED PAINTS & COATINGS MARKET, 2019-2027 ($MILLION)
FIGURE 34.EGYPT POWDER-BASED PAINTS & COATINGS MARKET, 2019-2027 (TONS)
FIGURE 35.EGYPT PAINTS & COATINGS MARKET FOR OTHER TECHNOLOGY, 2019-2027 ($MILLION)
FIGURE 36.EGYPT PAINTS & COATINGS MARKET FOR OTHER TECHNOLOGY, 2019-2027 (TONS)
FIGURE 37.EGYPT PAINTS & COATINGS MARKET, BY PRODUCT TYPE, 2019 VS 2027
FIGURE 38.EGYPT PAINTS & COATINGS MARKET FOR DECORATIVE PAINTS & COATINGS, 2019-2027 ($MILLION)
FIGURE 39.EGYPT PAINTS & COATINGS MARKET FOR DECORATIVE PAINTS & COATINGS, 2019-2027 (TONS)
FIGURE 40.EGYPT PAINTS & COATINGS MARKET FOR INDUSTRIAL PAINTS & COATINGS, 2019-2027 ($MILLION)
FIGURE 41.EGYPT PAINTS & COATINGS MARKET FOR INDUSTRIAL PAINTS & COATINGS, 2019-2027 (TONS)
FIGURE 42.MARKET PLAYER POSITIONING, 2019
FIGURE 43.TOP WINNING STRATEGIES, BY YEAR, 2016–2020
FIGURE 44.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2020 (%)
FIGURE 45.TOP WINNING STRATEGIES, BY COMPANY, 2016–2020
FIGURE 46.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 47.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 48.AKZO NOBEL: REVENUE, 2017–2019 ($MILLION)
FIGURE 49.AKZO NOBEL: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 50.AKZO NOBEL: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 51.BASF: REVENUE, 2017–2019 ($MILLION)
FIGURE 52.BASF: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 53.BASF: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 54.JOTUN: REVENUE, 2017–2019 ($MILLION)
FIGURE 55.JOTUN: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 56.JOTUN: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 57.PACHIN: REVENUE, 2016–2018 ($MILLION)
FIGURE 58.PACHIN: REVENUE SHARE BY PRODUCT, 2018 (%)
FIGURE 59.PPG: REVENUE, 2017–2018 ($MILLION)
FIGURE 60.PPG: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 61.PPG: REVENUE SHARE BY REGION, 2019 (%)

 
 

The Egypt paints & coatings market is witnessing a significant growth in response to significant paints & coatings products from automotive, aerospace, marine, wood & furniture, and other applications across the country. Rise in building & construction activities and infrastructure developments in the Egypt is the key factor driving the growth of the market in the upcoming years.

In addition, increase in demand for paints & coatings products from heat & UV protection applications is anticipated to fuel the growth of the market during the forecast period. Conversely, rise in demand for eco-friendly paints & coatings products is the key factor expected to create opportunity in the Egypt paints & coatings market from 2020 to 2027.

Renowned market leaders such as PPG Industries, Inc., Akzo Nobel N.V., BASF SE, KAPCI Coatings, and Jotun A/S are adopting various key growth strategies to strengthen their market position. Furthermore, these companies are focused on product launch, acquisition, agreement, investment, collaboration, and business expansion to cater to the increasing demand for paints & coatings products.

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FREQUENTLY ASKED QUESTIONS?
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A. In terms of revenue growth, the CAGR of the Egypt paints & coatings market is 7.9% by 2027.

A. Significant growth in building & construction activities in the country and rise in demand for heat & UV resistant paints & coatings products are expected to be the key trends in the Egypt paints & coatings market.

A. The potential customers of the Egypt paints & coatings market are building & construction, automotive, aerospace & defense, oil & gas, and others.

A. On the basis of resin type, acrylic segment will drive the Egypt paints & coatings market growth during the forecast period. By technology, solvent-based technology will fuel the Egypt paints & coatings market growth. On the basis of product type, decorative paints & coatings segment will drive the growth of the Egypt paints & coatings market.

A. The applications of the Egypt paints & coatings market are in automotive coating, interior & exterior coating in buildings, wood & furniture coating, coil coating, and others.

A. Top players in the Egypt paints & coatings market are Akzo Nobel N.V., BASF SE, GLC Paints, Jotun A/S, KAPCI Coatings, MIDO Coatings, Orient Paints, PACHIN, PPG Industries, Inc., and SIPES Egypt.

A. In terms of revenue, the market size of the Egypt paints & coatings market is anticipated to reach $ 3.6 billion by 2027, growing at CAGR of 7.9% from 2020 to 2027.

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