GCC Paints and Coatings Market By Technology (Water based, Solvent based), By Resin (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, Others), By Sales Channel (Direct, Indirect), By End Use (Architectural, Industrial, Infrastructure, Others), By Country, Competition, Forecast and Opportunities, 2020-2030F

Market Overview

GCC Paints and Coatings Market was valued at USD 20.05 Billion in 2024 and is expected to reach USD 25.51 Billion by 2030 with a CAGR of 3.94% during the forecast period.

The GCC (Gulf Cooperation Council) Paints and Coatings market is experiencing steady growth, driven by ongoing infrastructure development, rapid urbanization, and increasing investments in construction and industrial sectors across the region. Comprising six member states—Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, and Bahrain—the GCC continues to push large-scale development initiatives such as Saudi Arabia’s Vision 2030, the UAE’s Dubai 2040 Urban Master Plan, and Qatar National Vision 2030. These plans are heavily reliant on robust infrastructure, residential, and commercial construction, directly fueling demand for architectural and industrial coatings.

The market is segmented into decorative (architectural) coatings and industrial coatings. Decorative coatings dominate the market, supported by the region’s high demand for residential and commercial real estate. Industrial coatings, including protective, marine, and automotive applications, are also growing steadily with expanding oil and gas activities, manufacturing, and transport infrastructure. The region’s harsh climate—marked by high temperatures and sand exposure—drives the need for high-performance, weather-resistant coating solutions. Consequently, manufacturers are focusing on R&D to develop durable, sustainable products that cater to regional environmental challenges and evolving regulatory frameworks.

Saudi Arabia remains the largest contributor to the GCC paints and coatings market, accounting for the highest construction activity and industrial output. The kingdom's ongoing megaprojects such as NEOM, The Red Sea Project, Qiddiya, and Amaala are creating robust demand for advanced paints and coatings. The UAE follows closely, supported by real estate recovery, hospitality projects, and infrastructure upgrades for global events and tourism. Qatar, Bahrain, Kuwait, and Oman are also investing in infrastructure, albeit at a smaller scale, contributing to regional market demand.

Sustainability trends are reshaping the industry landscape, with increasing preference for low-VOC (volatile organic compound), water-based, and eco-friendly coatings. Regulatory pressures and green building certifications like LEED and Estidama are encouraging suppliers to shift from solvent-based to environmentally responsible alternatives. Strategic collaborations, mergers and acquisitions, and local manufacturing expansions are notable across the region, as players aim to enhance capacity, localize production, and capture market share.

Key Market Drivers

Infrastructure and Mega-Project Developments

The GCC region is undergoing an unprecedented wave of infrastructure and urban development, strongly driving demand for paints and coatings. Governments across the region—particularly Saudi Arabia and the UAE—are investing heavily in mega-projects aimed at economic diversification and urban transformation. Projects such as NEOM (worth USD 500 billion), The Red Sea Project, and Qiddiya are propelling the need for high-performance architectural coatings. Similarly, the UAE’s Dubai 2040 Urban Master Plan is prioritizing sustainable urban expansion, with a goal to increase green spaces and build vibrant communities, each requiring specialized paints for structural protection, aesthetics, and environmental compliance.

This construction activity is not limited to new developments. Numerous retrofitting and renovation initiatives, especially in preparation for global events like Expo 2020 (delayed to 2021) in Dubai and the 2022 FIFA World Cup in Qatar, have elevated demand for repainting and maintenance coatings. As buildings age, the repainting cycle—typically every 5 to 7 years—further adds to market demand.

According to GCC construction analytics, the region had over USD 2.3 trillion worth of active projects as of 2024, with Saudi Arabia accounting for nearly USD 1.1 trillion of that pipeline.

Rapid Urbanization and Housing Sector Growth

Urban population growth across GCC countries is fueling demand for residential housing, commercial spaces, and public infrastructure, directly increasing consumption of decorative and protective coatings. Saudi Arabia, with a population exceeding 36 million, is targeting homeownership rates of 70% by 2030 under Vision 2030. This has accelerated housing initiatives, such as those led by the National Housing Company (NHC), which delivered over 100,000 housing units in 2024 alone.

Simultaneously, the UAE continues to attract expatriates and tourists, prompting demand for mixed-use developments, apartments, and commercial buildings. Decorative coatings, which account for approximately 60–70% of the total paints market, benefit significantly from this trend, especially with preferences shifting toward premium and customized finishes.

The commercial sector, including retail malls, offices, and hospitality, also requires consistent repainting to maintain aesthetics and comply with branding standards. As urban areas expand, public amenities such as schools, hospitals, and mosques add further volume to the paints market.
As of 2024, urbanization rates in GCC countries exceed 85%, with Qatar and Kuwait approaching 99%, according to World Bank data.

Expanding Industrial and Oil & Gas Activities

The industrial coatings segment is seeing strong traction in the GCC due to increasing manufacturing activity, logistics infrastructure development, and the oil and gas sector’s continued capital expenditure. Protective and anti-corrosion coatings are essential for maintaining pipelines, refineries, and petrochemical plants—core to the region’s economy. These coatings are used to prevent rust, chemical damage, and abrasion in harsh desert and marine environments.

Saudi Aramco, ADNOC, and other regional oil giants are investing in large-scale industrial zones such as King Salman Energy Park (SPARK) and Ruwais Industrial Complex, which require large volumes of industrial coatings for structural steel, tanks, and machinery. Furthermore, logistics and warehousing demand has surged in the UAE and Saudi Arabia as e-commerce and trade volumes grow, requiring high-durability coatings for floors, walls, and equipment.

This sector also sees demand for powder coatings, heat-resistant coatings, and marine coatings, especially in seaport expansions and shipyard operations across Bahrain, Oman, and the UAE.

Saudi Arabia alone plans to increase oil production capacity to 13 million barrels per day by 2027, necessitating the upgrade and maintenance of massive energy infrastructure.

Rising Focus on Sustainability and Low-VOC Products

Environmental regulations and growing awareness among consumers and developers are driving a shift toward sustainable, low-VOC (volatile organic compounds) and water-based paints in the GCC. Traditionally solvent-heavy, the regional market is transitioning toward greener solutions in line with global standards such as LEED, Estidama, and GSAS. Governments are increasingly incorporating sustainability criteria into public tenders, encouraging the use of eco-friendly building materials.

Companies like Jazeera Paints, National Paints, and SIPCO are investing in R&D to expand their low-VOC product portfolios, while also educating B2B and B2C customers on the long-term benefits of these alternatives. These products offer improved indoor air quality, faster drying times, and lower health risks—important considerations for hospitals, schools, and residential buildings.

The integration of sustainability in mega-projects such as NEOM’s ambition to be carbon-neutral—means that high-volume paint applications must meet strict environmental benchmarks, giving rise to demand for next-generation coatings.

Over 55% of newly launched paint products in the GCC in 2024 were water-based, compared to just 30% in 2019, reflecting the accelerating transition to sustainable solutions.

Localization and Strategic Partnerships

As part of economic diversification and localization agendas, GCC countries are promoting domestic manufacturing across key sectors, including paints and coatings. Initiatives such as Saudi Arabia’s "Made in Saudi" and UAE’s Operation 300 billion aim to reduce import dependence and boost local industrial capacity. In response, multinational and regional paint companies are establishing joint ventures, expanding manufacturing plants, and signing strategic cooperation agreements.

For instance, Kaizen Paint Middle East’s acquisition of Premium Paints Company in 2025 and Jazeera Paints' partnership with NHC demonstrate how local production and strategic alignments are becoming central to growth. These collaborations help firms improve cost-efficiency, ensure timely supply for mega-projects, and meet country-specific standards.

Localized production also aids in catering to color preferences, climatic requirements, and quicker customization for large-scale construction projects. Partnerships with real estate developers and construction companies further cement a brand’s market positioning. Local production in Saudi Arabia and the UAE accounts for over 65% of total paint and coatings consumption as of 2024, up from 50% in 2018, according to regional industry reports.

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Key Market Challenges

Volatility in Raw Material Prices

A significant challenge facing the GCC paints and coatings market is the volatility in raw material prices. Key inputs such as titanium dioxide, solvents, binders, and resins are largely imported, making manufacturers highly sensitive to fluctuations in global commodity prices and foreign exchange rates. The surge in energy and transportation costs, along with ongoing geopolitical tensions and supply chain disruptions, have led to increased operational costs.

Many GCC-based manufacturers rely on materials sourced from Asia and Europe. Any disruptions in the supply chain due to international trade restrictions, rising freight charges, or port congestions can result in delays, inventory shortages, and price hikes. Given the competitive nature of the market, companies are often unable to fully pass these costs onto consumers, squeezing profit margins.

Furthermore, as global economies respond to inflation by raising interest rates and tightening monetary policies, procurement costs continue to rise. This cost pressure also affects construction contractors and developers, leading to cost-cutting measures that may deprioritize high-end paint applications or extend repainting cycles.

To mitigate this, companies are exploring backward integration, alternate suppliers, and local production strategies, though these measures require significant capital investment and time. Until raw material cost stability is achieved, the market will remain under financial strain.

Intense Price Competition and Market Saturation

The GCC paints and coatings market is becoming increasingly saturated, particularly in the decorative coatings segment, where numerous local, regional, and international players compete aggressively on price. This competitive environment is eroding margins and limiting opportunities for differentiation, especially in markets like the UAE and Bahrain, where per capita consumption is high and project pipelines are stabilizing.

Several low-cost Asian imports, including products from China and India, have gained market share in the lower-end segment, appealing to budget-conscious contractors. Meanwhile, dominant regional players such as Jazeera Paints and National Paints continue to offer competitive pricing to protect market share, further compressing profitability for mid-tier companies.

Additionally, frequent price wars and promotional discounts have become standard practice, encouraging short-term buying behavior but discouraging brand loyalty. Smaller players struggle to sustain operations under such conditions, leading to potential exits or acquisitions. For multinational brands, the pressure to localize production and reduce cost-to-market is intense.

This commoditization also affects innovation. With tight margins, companies find it difficult to invest in R&D, sustainable technologies, or customized solutions, which may hurt long-term competitiveness. The constant undercutting of prices may deliver short-term market share but poses long-term risks to industry health and quality standards.

Regulatory Compliance and Environmental Constraints

Growing environmental awareness and stricter regulations across GCC countries are posing compliance challenges for paint and coating manufacturers. Governments are increasingly adopting standards that align with international benchmarks like LEED, Estidama (Abu Dhabi), and GSAS (Qatar), particularly around VOC (volatile organic compound) content, chemical composition, and waste management.

While these initiatives support sustainability, compliance demands significant adjustments to product formulations, manufacturing processes, and quality control mechanisms. Water-based and low-VOC products require new raw materials and equipment, which often cost more and have different performance characteristics. For legacy manufacturers still dependent on solvent-based products, this transition is both financially and operationally burdensome.

In addition, labeling, testing, and certification requirements vary by country. A paint approved in the UAE may not automatically meet Saudi or Qatari standards, creating inefficiencies in cross-border trade within the GCC. Failure to comply may result in regulatory fines, product recalls, or loss of tenders—particularly in public infrastructure projects where environmental certifications are mandatory.

Companies must also invest in training and R&D to remain compliant while ensuring product performance and durability in the region’s harsh climate. These regulatory pressures, although necessary for long-term sustainability, act as a short- to medium-term barrier, especially for SMEs or new entrants lacking the financial and technical capacity to adapt swiftly.

Skilled Labor Shortages and Application Quality Issues

Despite automation in manufacturing, the paints and coatings sector in the GCC remains heavily reliant on skilled labor for application, especially in decorative and industrial segments. However, there is a persistent shortage of skilled painters, applicators, and quality assurance professionals across the region, resulting in inconsistent application standards and increased rates of product failure or wastage.

Much of the labor force in the GCC comprises expatriate workers from South Asia and Southeast Asia. Due to visa regulations, labor reforms, and competition from other industries like logistics or hospitality, retaining experienced paint applicators is becoming difficult. Language barriers, inadequate training, and lack of standardized certifications further compromise quality control.

Incorrect application—whether due to improper surface preparation, incorrect mixing, or wrong environmental conditions—can lead to premature product degradation, client dissatisfaction, and increased warranty claims. This negatively impacts brand reputation and adds to after-sales service costs.

Manufacturers often bear the blame for issues that are in fact due to poor application techniques. To address this, leading companies are establishing painter academies, mobile training units, and certification programs in collaboration with construction firms. However, widespread adoption remains a challenge.

As the market grows more sophisticated with demands for customized finishes, textured paints, and energy-efficient coatings, the need for trained applicators will increase. Without a robust pipeline of skilled labor, product innovation alone will not be sufficient to meet market needs.

Economic Cyclicality and Real Estate Dependency

The GCC paints and coatings market is closely tied to real estate and construction cycles, making it vulnerable to macroeconomic fluctuations. Economic downturns, fiscal tightening, or oil price volatility can significantly impact construction activity, leading to postponed or cancelled projects and reduced demand for paints.

For instance, during the COVID-19 pandemic, the region saw widespread project delays and labor disruptions, which caused a temporary contraction in demand. Though recovery is underway, market volatility continues due to geopolitical tensions, inflation, and global supply chain issues. Governments are increasingly cautious with infrastructure spending, particularly in smaller economies like Oman and Bahrain, where budgets are more constrained.

The market’s heavy reliance on large-scale, government-backed projects means any shift in national priorities or funding can disrupt the demand pipeline. The private sector, while growing, still plays a secondary role in driving paint consumption in most GCC countries.

Moreover, the cyclical nature of real estate means that after periods of rapid expansion, there are phases of market correction and oversupply. These down cycles depress repainting activity, slow down new launches, and reduce consumption across all categories—decorative, industrial, and protective coatings alike.

To minimize the impact of cyclicality, companies are diversifying into adjacent markets like marine, automotive refinishing, or export markets. Still, the high dependency on real estate and government infrastructure spending remains a structural challenge.

Key Market Trends

Growth in Infrastructure and Mega Projects Under Vision 2030

The GCC paints and coatings market is experiencing a surge in demand driven by large-scale infrastructure and urban development projects, particularly under Saudi Arabia’s Vision 2030. Flagship developments like NEOM, The Line, Red Sea Global, and Qiddiya are fueling consumption across architectural coatings, protective coatings, and specialty finishes.

Saudi Arabia alone has announced infrastructure investments worth over $3 trillion by 2030, spanning residential, commercial, tourism, and industrial zones. This expansion is creating unprecedented demand for decorative coatings, waterproofing systems, fire-retardant coatings, and high-durability industrial applications. Similarly, the UAE continues to roll out projects tied to Expo legacy developments, Etihad Rail, and industrial free zones.

Other GCC countries like Qatar and Oman are also investing in diversified infrastructure post-FIFA 2022 and Vision Oman 2040. Public-private partnerships and government-backed housing initiatives are accelerating the pace of construction. This activity directly boosts paint consumption for new buildings, roads, pipelines, and industrial plants.

In addition to structural expansion, the use of aesthetic and functional coatings in façade systems, tunnels, and bridges is growing. Coating suppliers are being integrated early in the value chain through specification-based procurement in high-profile projects, increasing their strategic relevance.

To capitalize on this trend, manufacturers are setting up local production units to reduce delivery time, ensure compliance, and build long-term partnerships with developers and EPC contractors. Infrastructure-led demand is expected to remain one of the most powerful drivers shaping the GCC coatings market for the next decade.

Increasing Localization of Manufacturing Facilities

A key trend transforming the GCC paints and coatings landscape is the strategic push toward local manufacturing. Governments across the region, especially Saudi Arabia under its National Industrial Development and Logistics Program (NIDLP), are encouraging domestic production to support economic diversification and reduce import dependency.

Multinational and regional players are responding by establishing or expanding production plants within the GCC. For instance, Jazeera Paints, National Paints, and AkzoNobel have all invested in localized operations to meet regulatory requirements, reduce logistics costs, and enhance market responsiveness.

Local manufacturing offers multiple advantages. It allows companies to align product formulations with local environmental standards, respond faster to project-specific customizations, and maintain reliable inventory amid global supply chain disruptions. Moreover, governments often incentivize domestic production through tax exemptions, land grants, and priority access to public tenders.

In the wake of COVID-19 and geopolitical instability, manufacturers are also prioritizing resilience in their supply chains. Localizing production helps mitigate risks related to cross-border delays, shipping costs, and currency volatility.

Furthermore, localization supports job creation and skill development in the coatings sector, aligning with broader national goals for employment and industrial capacity building. As demand grows from the construction, oil & gas, and industrial sectors, local factories will increasingly become hubs for both domestic sales and regional exports.

Overall, the trend toward localization is enhancing competitiveness, operational control, and regulatory compliance across the GCC paints and coatings industry. Companies that establish agile, scalable manufacturing in strategic locations are likely to gain a significant edge.

Rising Use of Smart and Functional Coatings

The demand for smart and functional coatings is gaining traction across the GCC, especially in applications requiring advanced protection and performance optimization. Functional coatings—including heat-reflective, anti-bacterial, anti-corrosion, fire-resistant, and self-cleaning paints—are increasingly used in residential, commercial, and industrial projects.

With the region’s harsh climate characterized by high UV exposure, dust, humidity, and salinity (in coastal areas), developers and facility managers are turning to advanced coating technologies to enhance durability, reduce maintenance costs, and improve energy efficiency. Heat-reflective coatings, for example, help reduce indoor temperatures, lowering energy consumption for air conditioning—an essential feature for sustainability-conscious buildings.

Smart coatings with self-healing, anti-graffiti, and hydrophobic properties are being adopted in high-end developments, infrastructure assets like metro stations and airports, and industrial plants where downtime is costly. These coatings extend lifecycle and performance in sectors where aesthetics and function intersect.

Moreover, antimicrobial coatings have seen a sharp rise in usage across healthcare, hospitality, and education sectors following COVID-19, with demand expected to persist post-pandemic. Hospitals and malls, for instance, are increasingly specifying silver-ion or copper-infused coatings for walls, furniture, and handrails.

The innovation race among manufacturers is accelerating, with R&D focused on nano-coatings, multi-layer systems, and smart additives. Partnerships with technology firms, universities, and government labs are helping local manufacturers build product pipelines that cater to these evolving needs.

As buildings become smarter and more sustainable, coatings are expected to play a pivotal role not just in appearance, but in functional performance—making this one of the fastest-growing trends in the GCC market.

Digital Transformation Across the Paints Value Chain

Digital transformation is emerging as a key trend in the GCC paints and coatings sector, influencing manufacturing, marketing, sales, and service delivery. With increasing digital maturity in the construction ecosystem, paint companies are adopting technologies to improve operational efficiency, enhance customer experience, and enable data-driven decision-making.

On the manufacturing front, smart factories are deploying automation, IoT sensors, and real-time monitoring systems to improve quality control, reduce wastage, and optimize batch processing. Predictive maintenance and energy management systems are becoming common in newer plants.

In sales and marketing, companies are using digital color visualization tools, mobile apps, and AR/VR platforms to allow customers and architects to preview color combinations in real-world settings. This improves engagement and accelerates decision-making. E-commerce portals and omnichannel distribution are gaining traction, especially among DIY consumers and small contractors.

In B2B operations, CRM and ERP systems are enabling real-time tracking of orders, supply chains, and project pipelines. Paint companies are also leveraging AI-driven analytics to forecast demand, manage inventory, and recommend product solutions based on application scenarios.

Training and application support are increasingly delivered through online platforms. Virtual academies are helping painters and contractors learn best practices in product usage, safety, and surface preparation.

This digitalization trend is aligning with broader smart city visions in the GCC, where digital infrastructure is becoming a standard. Paint companies that invest in digital capabilities—from smart tinting systems to automated procurement portals—are well-positioned to capture market share and foster deeper customer relationships.

Segmental Insights

Technology Insights

Water based segment dominated in the GCC Paints and Coatings market in 2024 due to a combination of environmental regulations, health concerns, and evolving consumer preferences. Governments across the Gulf Cooperation Council (GCC) countries—particularly Saudi Arabia and the UAE—are intensifying efforts to reduce the use of high-VOC (volatile organic compound) products. Water-based paints, which emit significantly lower VOCs compared to solvent-based variants, are increasingly favored in both decorative and industrial applications.

The region’s commitment to sustainable development, reflected in green building certifications such as Estidama, LEED, and GSAS, is further accelerating the transition toward water-based coatings. Major construction and infrastructure projects, especially those aligned with Saudi Arabia’s Vision 2030 and the UAE’s Net Zero by 2050 initiative, are incorporating water-based paints to meet environmental and safety benchmarks. For example, the Red Sea Project and NEOM mandate sustainable construction practices, making low-emission coatings a prerequisite.

From a practical standpoint, water-based coatings are easier to apply, clean, and maintain—making them especially popular in residential and commercial segments. The rise in health-consciousness post-COVID-19 has also contributed to higher demand for odor-free and non-toxic paints, particularly in indoor environments like hospitals, schools, and homes.

Technological advancements have closed the performance gap between solvent-based and water-based coatings. Modern water-based formulations now offer improved durability, faster drying times, and resistance to humidity and UV radiation—critical attributes given the GCC’s harsh climate.

Leading manufacturers such as Jotun, AkzoNobel, and National Paints have expanded their water-based product lines and are actively promoting them as part of their sustainability strategies. Coupled with regulatory backing and consumer awareness, the water-based segment is not only the dominant category in 2024 but also expected to maintain its lead as the preferred choice across key end-user sectors in the GCC.

Resin Insights

Acrylic segment dominated the GCC Paints & Coatings market in 2024 due to its superior durability, weather resistance, and cost-effectiveness. These coatings perform well under the region's harsh climatic conditions, including high temperatures and UV exposure. Acrylic paints are widely used in architectural and decorative applications, supported by booming residential and commercial construction across Saudi Arabia, the UAE, and Qatar. Additionally, advancements in water-based acrylic formulations align with rising environmental standards and VOC regulations. Their fast-drying, low-odor, and easy-application properties further enhance demand, making acrylics the preferred choice among contractors and developers in the GCC.

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Country Insights

Largest Country

Saudi Arabia dominated the GCC Paints & Coatings market in 2024 due to its large-scale construction activities, industrial growth, and robust policy initiatives supporting infrastructure expansion. As the largest economy in the GCC, Saudi Arabia accounts for a significant share of ongoing and planned projects under Vision 2030, a national agenda that emphasizes economic diversification and urban transformation. Major developments such as NEOM, The Red Sea Project, Qiddiya, and Diriyah Gate are driving massive demand for architectural coatings across residential, commercial, and tourism sectors.

The kingdom's population of over 36 million continues to grow, generating strong housing demand, especially through programs like the Sakani initiative led by the Ministry of Housing, which aims to increase home ownership to 70% by 2030. These efforts fuel the need for decorative paints, especially eco-friendly and durable coatings that meet regulatory and aesthetic standards.

Moreover, Saudi Arabia is investing heavily in its industrial and logistics infrastructure, leading to increased demand for protective and industrial coatings. The government's push to localize manufacturing as part of the National Industrial Development and Logistics Program (NIDLP) has led to growth in automotive, maritime, and metalworking industries—key consumers of high-performance coatings.

Environmental and safety regulations are also becoming stricter, boosting the uptake of water-based and low-VOC formulations. Saudi companies and international players are responding by expanding their production capacities and introducing sustainable products. Leading market participants like Jazeera Paints, SIPCO, and AkzoNobel have strong domestic footprints and extensive distribution networks, helping them cater to both B2B and B2C segments efficiently.

Emerging Country

Qatar was the emerging country in the GCC Paints & Coatings market in the coming period due to its sustained infrastructure investments post-FIFA World Cup 2022 and its National Vision 2030 agenda. Projects like Lusail City, Hamad Port expansion, and various housing developments are driving demand for decorative and protective coatings. Additionally, the government's focus on diversifying the economy through industrial growth and real estate expansion is fueling coatings usage across sectors. Rising environmental awareness and adoption of green building standards are further boosting demand for low-VOC, water-based paints, positioning Qatar as a promising player in the regional coatings landscape.

Recent Developments

• In March 2025, Saudi Industrial Paint Company (SIPCO), a subsidiary of Kaizen Paint Middle East (KPME), acquired full ownership of Premium Paints Company (PPC), a Saudi coatings manufacturer. PPC was previously a joint venture between Red Sea Building Materials & Equipment Trading Co. and Sherwin-Williams Company. The acquisition aligns with Saudi Arabia’s Vision 2030, as the Kingdom accelerates infrastructure and urban development initiatives, driving strong demand in the construction and coatings sectors.
• In February 2025, Jazeera Paints, a market leader in paints and construction solutions across KSA and MENA, signed a strategic cooperation agreement with NHC, the region’s largest real estate developer, during the Real Estate Future Forum 2025 in Riyadh. The partnership focuses on delivering sustainable, high-quality paints and supporting innovation in real estate development. Both entities aim to advance construction efficiency and environmental performance across residential and commercial projects in alignment with Saudi Vision 2030.
• Also in January 2025, Red Sea for Building Materials and Equipment Trading Co., a Red Sea International Co. subsidiary, agreed to sell its full 81% stake 8,100 shares in Premier Paint Company to Saudi Industrial Paint Co. (SIPCO) at an initial value of SAR 1,730 per share, totaling approximately SAR 14.01 million (USD 3.74 million). The final consideration will be calculated based on provisions in the share sale and purchase agreement involving both Red Sea’s subsidiary and Sherwin-Williams Cayman Islands Ltd.
• In February 2024, PPG Industries announced that Sigma Paints Saudi Arabia (SPSA), its joint venture, received the Gold Sponsorship and Speaker Appreciation Awards at the Middle East Metallurgy Corrosion & Coatings Expo (MECOC) in Abu Dhabi. The recognition highlights SPSA’s contribution to innovation and sustainability in the coatings industry and its active support of the event. The MECOC committee acknowledged the company’s leadership role in driving technical advancement in the region’s industrial coatings sector.

Key Market Players

• Akzo Nobel NV
• Jazeera Factory for Paints
• BASF SE
• Berger Paints Emirates Ltd
• Jotun U.A.E. Ltd. (L.L.C.)
• Ritver Paints Manufacturing L.L.C
• National Paints Factories Co. Ltd
• Hempel A/S
• Wacker Chemie AG
• Terraco UAE Ltd

Report Scope:

In this report, the GCC Paints and Coatings Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• GCC Paints and Coatings Market, By Technology:

o   Water based

o   Solvent based

• GCC Paints and Coatings Market, By Resin:

o   Acrylic

o   Alkyd

o   Polyurethane

o   Epoxy

o   Polyester

o   Others

• GCC Paints and Coatings Market, By Sales Channel:

o   Direct

o   Indirect

• GCC Paints and Coatings Market, By End Use:

o   Architectural

o   Industrial

o   Infrastructure

o   Others

• GCC Paints and Coatings Market, By Country:

o   Saudi Arabia

o   United Arab Emirates

o   Qatar

o   Kuwait

o   Bahrain

o   Oman

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the GCC Paints and Coatings Market.

Available Customizations:

GCC Paints and Coatings Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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