Title: GCC Water-based Paints Market Research Report: Forecast (2023-2028)
1Strategic Insights into GCC Water-based Paints
Market Share, Size, and Forecast 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.
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2ABOUT US
WHO ARE WE?
1
- MarkNtel Advisors is a leading research,
consulting and data analytics firm that provides
a wide range of strategic reports on diverse
industry verticals to a substantial and varied
client base that includes multinational
corporations, financial institutions,
governments, and individuals. - We specialize in niche industries and emerging
geographies to support our clients in the
formulation of strategies viz. Go to Market
(GTM), Product Development, feasibility analysis,
project scoping, market segmentation, competitive
benchmarking, market sizing forecasting, trend
analysis etc. in around 15 industry verticals to
enable our clients in identifying attractive
investment opportunities and maximizing ROI
through an early mover advantage
3Market Insights
- 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. The market
for water-based paints in the Gulf Cooperation
Council (GCC) region has experienced notable
growth and transformation in recent years,
largely due to the eco-friendly characteristics,
low toxicity, and ease of application associated
with these paints. - Additionally, the growing real estate sector in
the region, coupled with increased government
investments in construction activities, presents
a promising opportunity for manufacturers of
water-based paints. This is largely in line with
the surging initiative of the governments of GCC
countries to boost sustainability in the non-oil
sectors which includes the development of energy,
road, and hospitality infrastructure among
others. As the construction of these
infrastructures would require the use of paints
for better aesthetics, durability, etc., the
demand for water-based paints is increasing
steadily, aligned with the regional
sustainability initiatives.
4GCC Water-based Paints Market Leading key players
- 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.
5GCC Water-based Paints Market Segmentation
Analysis
- By Type (Natural Water-based Paints, Synthetic
Water-based Paints), - By End User (Construction, (Residential,
Commercial), Automotive, Furniture, Other
(Electronics, Marine, etc.)), - By Country (The UAE, Saudi Arabia, Bahrain, Oman,
Qatar, Kuwait),
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- Business plans
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- Voice of customer surveys
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- Product mix analysis
8Our 360Approach Combining Various Techniques to
Deliver Holistic Solutions
- Data Insights
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- Secondary Research
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9MarkNtel Advisors Target Geographies- Focus Areas
- MarkNtel has strategically defined its target
areas which are based on evaluation by its
analysts after analysing the growth potential of
various regions. Few of those parameters include - Political, Economic, Social, Technological and
Environmental Analysis - Credit Ratings provided by leading institutions
- GDP projections by bodies such as the World Bank,
IMF, OECD, etc. - Market Disruptions and the Next Big Things
Major Target Areas
Low Focus Geographies
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