A profile of the Middle Eastern and African Paint Industry

Citation

(2005), "A profile of the Middle Eastern and African Paint Industry", Pigment & Resin Technology, Vol. 34 No. 1. https://doi.org/10.1108/prt.2005.12934aac.006

A profile of the Middle Eastern and African Paint Industry

A profile of the Middle Eastern and African Paint Industry

Keywords: Paints, Markets, Middle East, Africa

Information Research (IRL) has announced the publication of its latest title, A Profile of the Middle Eastern and African Paint Industry.

The Middle Eastern paint industry is characterised by strong demand for construction paints, protective and marine coatings, thereby proving a strong point for diversified coatings manufacturers such as Jotun, Hempel, Sigma and Akzo Nobel. The fastest- growing paint market in the Middle East is Qatar, as infrastructure continues to take shape ahead of the arrival of the Asian Games in 2006.

The rebuilding of Iraq is a market sure to attract the attentions of many in the coming years and for this the best opportunities lie through supplies from Jordan, Kuwait and Eastern Turkey, from 2006 onwards. Strong demand for low-cost insulation coatings able to withstand the Iraqi climate will be one of the major areas of growth in Iraq. Despite ongoing internal strife in Iraq, domestic paint demand, mainly in the north of the country, is fulfilled by imports from all over the world.

In Africa, many of the markets are quite stable and those in the north – typically Morocco, Algeria and Tunisia – should experience annual growth of about 6 per cent pa. Two influences reign over the African paint markets: French colonialism and South African exports. The biggest paint markets in Africa are shown in Figure 3.

Figure 3 Major paint markets in Africa, 2003 (Tonnes)

The 292,000 tonne South African paint market is still recovering from crash in the decorative sector in 1997. New laws on black employment in South Africa have given rise to a new wave of middle class black spending power within the country, boosting both decorative and finished goods sectors. Water-based decorative paints are preferred throughout the country, but for reasons of price rather than environmental awareness. The overall split of the South African paint market is shown in Figure 4.

Figure 4 South African paint market by sector, 2003 (per cent)

Future potential in South Africa will be outstanding if its bid to host the 2010 World Cup is successful.

Across much of the Middle East and Africa there is ongoing investment in tourism and real estate. Air travel has expanded significantly in the Middle East and many locations both there and in North Africa are planning to heighten their presence in the world tourism sector, through sectors such diving, eco-tourism and new purpose- built resorts, so there is still a lot for the paint industry to play for.

A profile of the Middle Eastern and African Paint Industry has the following contents:

1. 1.

   Introduction;

2. 2.

   Executive Summary;

3. 3.

   Background;

4. 4.

   Industry Overview;

5. 5.

   Paint Market Review by Country: Middle East;

6. 6.

   Paint Market Review by Country: Africa;

7. 7.

   Market Forecast to 2008;

8. 8.

   Post-Script: Future Potentials in the Middle East and Africa;

9. 9.

   Directory of Paint Manufacturers in the Middle East and Africa.

Coverage extends to the following countries:

Middle East – Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, and UAE; Africa – Algeria, Cameroon, Egypt, Gabon, Ivory Coast, Morocco, Namibia, Senegal, South Africa, Tunisia, and Zambia.

A Profile of the Middle Eastern and African Paint Industry, which contains in its 131 pages some 148 tables, is now available from IRL, price 3,000. Sections of the report, priced individually, will soon be available to purchase online at the Web site: www.informationresearch.co.uk