Please Wait.....
Report
Saudi Arabia Paints And Coatings - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 120 Pages I Mordor Intelligence
The Saudi Arabia Paints And Coatings Market size is estimated at USD 1.55 billion in 2025, and is expected to reach USD 1.86 billion by 2030, at a CAGR of 3.79% during the forecast period (2025-2030).
The COVID-19 crisis in 2020 and 2021 led to a sharp shrinkage in demand for the product. Capacity shutdowns and cancellation of major projects in several key end-user industries continue to create pressure on this market's value chain. The country's real estate market was severely affected by the COVID-19 pandemic. Residential real estate was the worst hit as strict lockdown measures across major cities resulted in suspending home registrations. Moreover, the pandemic halted all manufacturing and industrial activities, thus negatively impacting the demand in the paints and coatings market. However, the sector has been recovering well since restrictions were lifted. Over the last two years, increased house sales, increasing demand for new office and commercial spaces, and a booming oil and gas industry market have led to market recovery.
- Over the short term, increasing demand from residential and commercial construction activities and rising demand from the oil and gas industry are expected to drive the market's growth.
- On the flip side, the impact of raw material prices is expected to hinder the market's growth.
- The developing automotive sector in the country offers various opportunities for the growth of the market studied.
Saudi Arabia Paints And Coatings Market Trends
Acrylic Resin Dominating the Market
- Acrylic resins are types of polymer materials that have acrylic monomers either dissolved, dispersed, or in solid form. These monomers are usually esters of acrylic acid, methacrylic acid, or their derivatives. It is possible to modify acrylic resins by introducing various chemical groups to the monomers.
- Acrylic resins are widely used in a variety of applications, ranging from solvent-based and water-based industrial coatings to decorative coatings.
- Acrylic resins are known for their good color and gloss retention, as well as their superior weathering and UV resistance. The demand for acrylic coatings in the decorative coatings market has increased more rapidly than the overall market, mainly due to its low VOC emissions. Acrylic coatings are primarily used in the construction industry for high-end finishes on roofs, walls, floors, and other applications.
- It is an ideal option for both interior and exterior walls as it can withstand UV exposure and harsh weather changes. Although acrylic paints are comparatively more expensive, these paints provide a vibrant high-gloss finish upon proper application and last for several years.
- Furthermore, acrylics are used in a variety of industrial wood coating applications as water-borne emulsion paints or solvent-borne paints. They have major performance advantages, such as gloss, exterior durability, corrosion resistance, chemical resistance, solvent resistance, and hardness.
- Acrylics hold onto color much more effectively than other coatings available in the market. The technology surrounding acrylic-based protective coatings has matured over the years to include extender pigments in the formula. This helps provide bold color, maintain the same color for long periods, block UV (ultraviolet rays), and provide fire resistance.
- The benefits and flexibility of acrylic coatings in various applications indicate growing market potential in the forecast period.
Increasing Demand from the Architecture Industry
- In the architectural and decorative sector, paints and coatings are used for commercial purposes, such as office buildings, warehouses, retail convenience stores, shopping malls, and residential buildings. Moreover, they also include coatings used in new construction and remodeling of old houses. These paints and coatings contribute to architectural spaces' beauty, functionality, and longevity.
- Architectural paints and coatings serve the dual purpose of enhancing and safeguarding surface features commonly applied to buildings and homes. They are often designed for specific purposes, such as roof coatings, wall paints, or deck finishes. Regardless of their intended use, each architectural coating must deliver specific decorative, durable, and protective functions.
- Saudi Arabia is the leader in construction projects in the Middle East and North Africa region, with a 35% market share, as per the government of Saudi Arabia.
- The construction industry contributes nearly 6-7% of the country's GDP. Saudi Arabia's Vision 2030 aims to bring change by focusing on sustainability commitments, improving the quality of life for citizens, and building a thriving economy. The announcement of Vision 2030 and the associated National Transformation Plan (NTP) increased investments in various sectors, such as healthcare, education, and infrastructure.
- In April 2023, retail Urban Development Company, based in Saudi Arabia, signed a conditional development agreement with the kingdom's National Housing Company (NHC) to build residential villas under the master plan of the East Albuhirat project in the port city of Jeddah. The East Albuhirat project would have 327 residential units spread across a total area of 98,098.55 sq.m., according to Retal's application to the Saudi exchange Tadawul.
- In August 2022, the Jeddah Central Development Company (JCDC), a wholly-owned subsidiary of Saudi Arabia's Public Investment Fund (PIF), began construction on the USD 20 billion Jeddah Central megaproject in the Gulf kingdom's Western Red Sea Port of Jeddah. Work includes the construction of four landmarks in the heart of Jeddah, including a museum, an opera house, a sports stadium, and a coral farm, as well as the development of ten recreational and tourist areas, at least 17,000 citizen houses, and more than 3,000 hotels and tourism sites. The first phase is scheduled to be completed in 2027, with subsequent phases in 2030 and beyond.
- Based on the abovementioned factors, the development of houses, townships, and commercial structures, along with sustainability, technology, and consumer preferences, is anticipated to drive the demand for paints and coatings in the architectural segment.
Saudi Arabia Paints And Coatings Industry Overview
The Saudi Arabian paints and coatings market is partially consolidated in nature. Major companies (not in any particular order) include Jazeera Paints, Jotun, Akzo Nobel NV, and Hempel Paints.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Demand from Residential and Commercial Construction Activities
4.1.2 Rising Demand from the Oil and Gas Industry
4.2 Restraints
4.2.1 Impact of Raw Material Prices
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION (Market Size by Value)
5.1 Technology
5.1.1 Water-borne Coatings
5.1.2 Solvent-borne Coatings
5.1.3 Powder Coatings
5.1.4 Other Technologies
5.2 Resin Type
5.2.1 Acrylic Resin
5.2.2 Alkyd Resin
5.2.3 Polyurethane Resin
5.2.4 Epoxy Resin
5.2.5 Polyester Resin
5.2.6 Other Resin Types
5.3 End-user Industry
5.3.1 Architectural
5.3.2 Automotive Coatings
5.3.3 Industrial Wood Coatings
5.3.4 Protective Coatings
5.3.5 General Industrial Coating
5.3.6 Transportation Coatings
5.3.7 Packaging Coatings
6 COMPETITIVE LANDSCAPE
6.1 Market Share (%) Analysis
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 Akzo Nobel NV
6.3.2 BBC Paints
6.3.3 Hempel A/S
6.3.4 Jazeera Paints
6.3.5 Jotun
6.3.6 Kansai Paint Co. Ltd
6.3.7 National Paints Factories Co. Ltd
6.3.8 Protech Group
6.3.9 Sak Coat
6.3.10 Sigma Paints (PPG Industries Inc.)
6.3.11 The Sherwin-Williams Company
6.3.12 United Coating Industries
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Development in the Automotive Sector
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security