UAE Automotive Coatings Market By Vehicle Type (Two-Wheeler, Passenger Car, LCV, M&HCV, OTR), By Technology (Water-Borne, Solvent-Borne, Powder Coating, Others), By Resin Type (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, Others), By Application (Primer, Clearcoat, Basecoat, Others), By Demand Category (OEM, Aftermarket), By Region, Competition Forecast & Opportunities, 2027

  • Industry : Automotive
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

UAE automotive coatings market is anticipated to grow at a steady CAGR in the forecast period, 2023-2027. The high demand from the flourishing automotive industry and the stringent emission regulations regarding paint & coating products are the primary factors driving the UAE automotive coatings market. Also, the high-end investments in research and development activities to find innovative solutions and satisfy the demand for economical and long-lasting plastic painting solutions are expected to fuel the UAE automotive coatings market growth over the forecast period.

High Demand for Sustainable Metal Coating Solutions Drives the Market Growth

Metal costing solutions have less residual toxicity levels and are affordable compared to the other automotive coatings present in the market. The market is moving toward adopting sustainable and economical solutions to reduce harmful emissions into the environment. The growing environmental concerns and the need to achieve net-zero carbon emission coupled with stringent emission norms and regulations imposed by the leading authorities are making the automotive coating manufacturers work on lowering the VOC emission during the application of paints and adhesives coating on automobiles. They provide high protection from rust, air, water, wear & tear, paint, and the original vehicle frame. Industry players are working on expanding the product portfolio and introducing sustainable metal coatings that can meet customer requirements and provide better durability, longevity, and performance even in extreme weather conditions. The growing consumer awareness is expected to accelerate the adoption of environment-friendly coating solutions among consumers.

Increased Production and Sales of Light Vehicles Fuels the Market Growth

Consumers prefer to use light vehicles as they are highly fuel-efficient. The development of robust transportation and logistics sector in the country to support the ongoing economic activities is a positive factor in enhancing the demand for light vehicles. In 2020, 158,711 total vehicles were sold in UAE. This number is continuously increasing on account of the improved disposable income of the consumers and the preference for private vehicle ownership among consumers. Light vehicles use automotive coatings to protect the metallic light body of automobiles from getting damaged and raise the aesthetic look of the light vehicles. The high demand for light vehicles among consumers to bear low maintenance costs are anticipated to bolster the market demand in the next five years.

Proliferation of Electric vehicles Supports the High Market Demand

Transportation is one of the major sources of greenhouse gas emissions in the UAE. The government is encouraging the adoption of electric vehicles by investing in constructing supportive charging infrastructure and providing incentives to electric vehicle manufacturers and buyers. The green charger initiative launched by the Dubai Electricity and Water Authority to provide charging stations for electric vehicles in a different part of UAE to support the Dubai Green Mobility Strategy 2030 is fueling the sales of electric vehicles. The launch of high-performance electric vehicles having higher battery capacity and performance by the market players, and they use automotive coatings for vehicle protection. The growing demand for electric vehicles is expected to create lucrative growth opportunities for UAE automotive coatings market through the forecast period.


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Market Segmentation

The UAE automotive coatings market is segmented into 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. Based on technology, the market is divided into water-borne, solvent-borne, powder coating, and others. Based on resin type, the market is divided into acrylic, alkyd, polyurethane, epoxy, polyester, and others. Based on application, the market is divided into primer, clearcoat, basecoat, and others. Based on demand category, the market is bifurcated into OEM and aftermarket. To analyze the market based on the region, the UAE automotive coatings market is studied in major regions namely Dubai, Abu Dhabi, Sharjah, and Rest of the UAE.

Market Players

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, are the major market players operating in the UAE automotive coatings market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Vehicle Type

·         Technology

·         Resin Type

·         Application

·         Demand Category

Regional scope

Dubai, Abu Dhabi, Sharjah, Rest of UAE

Key companies profiled

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

Customization scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

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, 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).

UAE automotive coatings market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on UAE Automotive Coatings Market

5.    Voice of Customer

5.1.  Factors Influencing Purchase Decision

5.2.  Aided Brand Recall and Unaided Brand Recall

5.3.  Brand Satisfaction Level

6.    UAE Automotive Coatings Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Vehicle Type (Two-Wheeler, Passenger Car, LCV, M&HCV, OTR)

6.2.2.     By Technology (Water-Borne, Solvent-Borne, Powder Coating, Others)

6.2.3.     By Resin Type (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, Others)

6.2.4.     By Application (Primer, Clearcoat, Basecoat, Others)

6.2.5.     By Demand Category (OEM, Aftermarket)

6.2.6.     By Region

6.2.7.     By Company (2021)

6.3.  Product Market Map (By Vehicle Type, By Region)

7.    UAE Two-Wheeler Coating Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Technology

7.2.2.     By Resin Type

7.2.3.     By Application

7.2.4.     By Demand Category

8.    UAE Passenger Car Coating Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Technology

8.2.2.     By Resin Type

8.2.3.     By Application

8.2.4.     By Demand Category

9.    UAE LCV Coating Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Technology

9.2.2.     By Resin Type

9.2.3.     By Application

9.2.4.     By Demand Category

10.  UAE M&HCV Coating Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Technology

10.2.2.  By Resin Type

10.2.3.  By Application

10.2.4.  By Demand Category

11.  UAE OTR Coating Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Technology

11.2.2.  By Resin Type

11.2.3.  By Application

11.2.4.  By Demand Category

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends and Developments

14.  Policy and Regulatory Landscape

15.  UAE Economic Profile

16.  Competitive Landscape

16.1.              Company Profiles (Partial List of Leading Companies)

16.1.1.  Delta Gulf Paints.

16.1.2.  Shaji Auto Paints Trading LLC

16.1.3.  Wellcoat Paints

16.1.4.  Al Danawi Stores Llc

16.1.5.  Mega Paints Trading Llc

16.1.6.  Al Mayar Coatings

16.1.7.  Kansai Paint Middle East

16.1.8.  Al Alwan Al Sehriah Auto Paint Trdg

16.1.9.  Abdul Rahman Car Paints Co

16.1.10.                KCC Corporation

 17. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Increased sales and production of vehicles, ongoing technological advancements and the stringent emission regulations are driving the demand for UAE automotive coatings market.

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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 are the major market players operating in the UAE automotive coatings market.

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Based on resin type, the market is divided into acrylic, alkyd, polyurethane, epoxy, polyester, and others. The polyurethane segment is expected to hold the largest market share in the forecast period.

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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 capture the largest market share in the forecast period.

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Srishti Verma

Business Consultant
Press Release

UAE Automotive Coatings Market to be dominated by Water-Borne Technology till 2027

Apr, 2022

The rising sales of motor vehicles and high demand for power coatings are expected to drive the demand of UAE automotive coatings market in the forecast period, 2023-2027.

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