UAE Specialty Chemicals Market to be dominated by Rising Demand from Paints and Coatings Industry through 2028
Increasing demand from
end-user industry is expected to drive the UAE Specialty Chemicals market in
the forecast period, 2024-2028.
According to TechSci Research
report, “UAE Specialty Chemicals Market– By Region, Forecast
and Opportunities, 2018-2028”,
the UAE
Specialty Chemicals Market is anticipated to grow at a significant rate in the
forecast period, 2024-2028. The rising demand of specialty
chemicals in paints and coatings augments the growth of the UAE Specialty
Chemicals Market. Specialty chemicals are added to paint and coating
compositions to make applied films functional. Direct-to-metal (DTM) coatings, for instance,
are becoming more popular for industrial applications as they minimize time and
complexity for lower labor costs and energy intensity. Adopting new
technologies in risk-averse industries can be very challenging, and the paint
and coatings industry is no exception when it comes to industrial and
protective coatings. To be successful, R&D departments in the specialty
chemical sector need to have a thorough understanding of the target market, the
application process, end-user requirements, and expected demand. Then, plans
can be made to close the adoption gaps for coating manufacturers. Specialty
chemicals will play a significant role in the development of new technologies
that close enduring gaps in coating performance. Since these products are
ultimately used in tens of thousands of different applications, producers of
specialty chemicals are in a prime position to help create a society that is
more sustainable for our generation and the future of our planet. Furthermore,
the increasing demand from various end-user industries has been a significant
driver of the UAE specialty chemicals market. The construction and
infrastructure sectors in the UAE have been witnessing robust growth, driven by
the country's ambitious infrastructure projects which has spurred the demand
for specialty chemicals used in construction materials, coatings, adhesives,
and sealants.
However, the incompetent infrastructure
government regulations concerning disposal for paints and coatings, stock
sourcing post covid-19, high cost of production and limited coverage may hamper the growth of
the market in the forecast period.
Browse over XX market
data Figures spread through XX Pages and an in-depth TOC on “UAE Specialty Chemicals Market “.
The UAE Specialty
Chemicals Market is segmented into applications and company.
Based on application,
the market is divided into construction chemicals, dyes &
pigments, agrochemicals, surfactants, and others. The construction
chemicals segment is expected to witness a rise over the forecast period. This
is attributed to the continuous and large development
projects taking place all around the UAE.
Major companies
operating in UAE Specialty Chemicals Market are:
·
SERVOCHEM
L.L.C.
·
Tricom
LLC
·
BASF
Middle East LLC
·
Genome
Specialties FZC
·
Global
Specialty Chemical (GSC)
·
H.A.K
Industrial Chemicals LLC
·
ALXA
SPECIALTY DMCC
Download Sample Report
Customers
can also request for 10% free customization on this report.
“The South-eastern region is expected
to witness significant growth in the upcoming years, due to significant
investments in numerous construction projects. Dubai commands the largest
proportion of the UAE's construction chemicals market. Another significant
aspect driving the total market growth in Dubai is the significant increase in
projects aiming for sustainable developments. Another important factor offering
significant growth potential for the construction chemicals market in Dubai is
the growing demand for products with cutting-edge characteristics like
efficient subterranean resins & admixtures and light-reflecting protective
coatings. said Mr. Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
UAE Specialty Chemicals
Market, By Application (Construction Chemicals, Dyes &
Pigments, Agrochemicals, Surfactants, and Others), By Region, Competition Forecast
& Opportunities, 2028F has evaluated the future
growth potential of UAE Specialty Chemicals Market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in UAE Specialty Chemicals Market.
Contact
Mr. Ken Mathews
708
Third Avenue,
Manhattan,
NY,
New
York – 10017
Tel:
+1-646-360-1656
Email:
[email protected]