Saudi Arabia Paint Additives Trends: Significant Growth Expected Through 2030

According to recent findings, Saudi Arabia Paint Additives Market size is estimated to grow at a CAGR of around 4.02% during the forecast period, i.e., 2024-30. In 2024

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Saudi Arabia Paint Additives Overview:

the Saudi Arabian paint additives market size was estimated to be around USD 131 million. The growth of the market can be attributed to the prevailing construction activities within the country. The growing paint demand from the real estate sector in Saudi Arabia is majorly contributing towards driving up demands for paints and paint additives. The companies manufacturing paint and coatings in the market have gradually been expanding their production capacities to accommodate growing demand from the construction industry.

With increasing urbanization, the establishment of residential buildings is on the rise, driven by consumers moving to new cities demanding residential infrastructure to live in. As a result, builders and construction industrialists are increasingly establishing various apartments, villas, and other residency buildings to incorporate these exceeding consumers in the cities. For Instance, in 2023, around 5,200 construction projects were ongoing in Saudi Arabia with a major share accounting for residential construction.

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Saudi Arabia Paint Additives Outlook and Market Driver :

Escalating Hospitality Construction in the Country Propelling Paint Additives Demand- The increasing tourism trend in Saudi Arabia is leading to the surging establishment of hospitality buildings like hotels, restaurants, resorts, and luxury outdoor entertainment centers. The government of the nation is excessively focusing on the tourism sector to diversify its economy as well as to attract a great influx of tourists. Moreover, the trend of eating out and staycation in the country is also generating the demand and establishment of hospitality infrastructure. The megaprojects like the Red Sea Project and NEOM, within the major towns like Riyadh and Jeddah are the prominent examples of hospitality establishments across the nation. For Instance:

• In 2022, the Saudi government announced the Aseer Development Project, an ambitious program to develop Saudi's mountainous Aseer region as one of the world's top tourist destinations, with over 10 million visitors targeted for 2030.

Increasing hospitality projects and construction works have created a huge demand for aesthetic and eye-catching infrastructure materials, thus raising the demand for aesthetic and durable paints. The growth in the hospitality sector leads to growing demand for sophisticated paint and coating solutions that enhance both the functionality and appearance of the property in a high-profile property. Paint additives play a key role in achieving great finishes such as anti-microbial properties, UV resistance against strong sun rays, and durability which helps in maintaining the look and feel of the surface over time. Specialized additives that support custom finishes, such as high-gloss and textured coatings, are thus necessary in creating luxurious and unique environments, surging their adoption in hospitality construction and driving the growth of the Saudi Arabian Paint Additives Market.

Global Saudi Arabia Paint Additives Segmentation Analysis:

By Product

• Rheology Modifiers- Market Size & Forecast 2019-2030F, Tons
• Biocides- Market Size & Forecast 2019-2030F, Tons
• Anti-Foamers- Market Size & Forecast 2019-2030F, Tons
• Wetting & Dispersion Agents- Market Size & Forecast 2019-2030F, Tons
• Others (Stabilizers, Levelling Agents, etc.)- Market Size & Forecast 2019-2030F, Tons

According to reports, Out of them all, the rheology modifiers segment accounts for a substantial market share in the overall Saudi Arabia Paint Additives Market.

By Formulation

• Water-Based- Market Size & Forecast 2019-2030F, Tons
• Solvent-Based - Market Size & Forecast 2019-2030F, Tons
• Powder-Based- Market Size & Forecast 2019-2030F, Tons
• Others (UV-Curable, High-Solid, etc.) - Market Size & Forecast 2019-2030F, Tons

According to reports, Of them all, the water-based segment is propelling in the Saudi Arabia Paint Additives market owing to the wide-range applications in furniture, plastic, automobile, wood, & printing ink industries.

By End User

• Automobiles & Transportation- Market Size & Forecast 2019-2030F, Tons
• Furniture & Wood - Market Size & Forecast 2019-2030F, Tons
• Buildings & Construction- Market Size & Forecast 2019-2030F, Tons
• Others (Aerospace, Packaging, etc.) - Market Size & Forecast 2019-2030F, Tons

By Region

• East
• West
• Central

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Some of the Market players in the Global Saudi Arabia Paint Additives are:

• AkzoNobel Saudi Arabia Ltd
• Arkema SA
• BASF SE
• Sigma Coatings
• The Sherwin Williams Company
• BYK-Chemie GMBH
• Cabot Specialty Chemicals Inc.
• Solvay Al Jubail
• Jazeera Paints
• Protec Pvt Ltd.

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• Company Strategies & Developments – Discover recent mergers, acquisitions, partnerships, and innovations.
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• Import & Export Dynamics – Analyze global trade flows, regional export trends, and supply chain movements.
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• Emerging Growth Opportunities – Spot untapped areas and niche markets for potential investment.
• Market Trends & Growth Drivers – Stay ahead with insights into evolving consumer behavior and industry indicators.

Research Methodology Summary

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Key Steps:

• Define objectives and research design
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• Analyze and validate data using reliable tools
• Forecast trends and deliver actionable insights

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