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UAE automotive coatings market is projected to grow at a formidable rate during the forecast period. The market growth can be attributed to the booming automotive industry and the introduction of stringent emissions regulations regarding coating products. Besides, high investments made by the market players in research & development activities to identify and develop durable and economical solutions are expected to drive the UAE automotive coatings market in the coming years. As the automotive industry is transitioning towards sustainability due to growing environmental concerns, the demand for sustainable metal coating solutions is increasing since they have less residual toxicity and are more affordable than other automotive coatings. Additionally, industry players are expanding their product portfolio to meet customer requirements for automotive coatings that provide better longevity and performance in extreme weather conditions, which is anticipated to fuel the UAE automotive coatings market in the forecast period. Increased production and sales of light and highly fuel-efficient vehicles and the development of robust transportation and logistics sector are also propelling the growth of the UAE automotive coatings market. Increasing penetration of electric vehicles, and the launch of high-performance vehicles are fueling the market growth. Furthermore, macroeconomic factors such as the rising personal disposable income of consumers and ongoing economic activities are positively impacting the demand for automotive coatings.Speak directly to the analyst to clarify any post sales queries you may have.
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The UAE automotive coatings market is segmented on the basis of vehicle type, technology, resin type, application, demand category, regional distribution, and competitive landscape. Based on vehicle type, the market is divided into two-wheeler, passenger car, LCV, M&HCV, and OTR. The passenger car segment is expected to dominate the UAE automotive coatings market owing to improving lifestyle of consumers and increasing passenger vehicle ownership. Based on technology, the market is divided into water-borne, solvent-borne, powder coating, and others. The water-borne technology is estimated to witness the fastest growth in the UAE automotive coatings market. Since water-borne coatings have low toxicity, they are being increasingly adopted with the changing environmental standards, which is contributing to the segment's fast growth.
Leading players in the UAE automotive coatings market are Delta Gulf Paints, Shaji Auto Paints Trading LLC, Wellcoat Paints, Al Danawi Stores Llc, Mega Paints Trading Llc, Al Mayar Coatings, Kansai Paint Middle East, Al Alwan Al Sehriah Auto Paint Trdg, Abdul Rahman Car Paints Co, KCC Corporation, etc.
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022E
- Forecast Period: 2023F-2027F
Objective of the Study:
- To analyze and forecast market size of the UAE automotive coatings market, in terms of value.
- To define, classify and forecast the UAE automotive coatings market on the basis of vehicle type, technology, resin type, application, demand category, region, and competition forecast.
- To identify tailwinds and headwinds for the UAE automotive coatings market.
- To examine competitive developments such as expansions, new product launches, supply contracts, and mergers & acquisitions in the UAE automotive coatings market.
- To evaluate competitor pricing, average market selling prices and trends in the UAE automotive coatings market.
- To strategically profile the leading players in the UAE automotive coatings market.
The publisher performed primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of automotive coatings manufacturers and suppliers in UAE. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher was able to include manufacturers that could not be identified due to the limitations of secondary research. The publisher analysed product offerings and suppliers across the country.
The publisher calculated the market size for the UAE automotive coatings market using a bottom-up approach. The publisher sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also used.
Key Target Audience:
- Automotive coatings manufacturers
- Research organizations and consulting companies
- Associations, organizations, and alliances related to automotive coating manufacturers
- Government bodies such as regulating authorities and policy makers
- Industry associations
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as manufacturers, distributors, dealers and policy makers, which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.
Report Scope:
In this report, UAE automotive coatings market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
UAE Automotive Coatings Market, By Vehicle Type:
- Two-Wheeler
- Passenger Car
- LCV
- M&HCV
- OTR
UAE Automotive Coatings Market, By Technology:
- Water-Borne
- Solvent-Borne
- Powder Coating
- Others
UAE Automotive Coatings Market, By Resin Type:
- Acrylic
- Alkyd
- Polyurethane
- Epoxy
- Polyester
- Others
UAE Automotive Coatings Market, By Application:
- Primer
- Clearcoat
- Basecoat
- Others
UAE Automotive Coatings Market, By Demand Category:
- OEM
- Aftermarket
UAE Automotive Coatings Market, By Region:
- Dubai
- Abu Dhabi
- Sharjah
- Rest of UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in UAE automotive coatings market.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.
This product will be delivered within 1-3 business days.
Table of Contents
1. Product Overview2. Research Methodology3. Executive Summary4. Impact of COVID-19 on UAE Automotive Coatings Market13. Market Trends and Developments14. Policy and Regulatory Landscape15. UAE Economic Profile17. Strategic Recommendations
5. Voice of Customer
6. UAE Automotive Coatings Market Outlook
7. UAE Two-Wheeler Coating Market Outlook
8. UAE Passenger Car Coating Market Outlook
9. UAE LCV Coating Market Outlook
10. UAE M&HCV Coating Market Outlook
11. UAE OTR Coating Market Outlook
12. Market Dynamics
16. Competitive Landscape
Companies Mentioned
- Delta Gulf Paints.
- Shaji Auto Paints Trading LLC
- Wellcoat Paints
- Al Danawi Stores Llc
- Mega Paints Trading Llc
- Al Mayar Coatings
- Kansai Paint Middle East
- Al Alwan Al Sehriah Auto Paint Trdg
- Abdul Rahman Car Paints Co
- KCC Corporation