Radisson Blu Hotel, Dubai Deira Creek
"Middle East & Africa Coatings Growth Outlook against a Slow Global Economy" |
With an influx of foreign investment in the MEA regions, construction has reached new heights. The coating market will also reflect the effect of such move by becoming more dynamic. – Falak Consulting
The global powder coatings market is expected to grow at a CAGR of 6.8% from 2016 to 2020, to over $11 billion in value. The Middle East & Africa region continues to be a strong market. – Chemical Engineering
With extensive large scale infrastructure and construction projects undertaken across the Middle East to North Africa and soon into Africa the coatings sector is riding the challenge.
According to IRL, three years ago the total market for paints and coatings in the Middle East was about two million tons. By 2018 this will rise to over 2.5 million tons with an average annual growth rate of 3.6 percent. Increasing urbanization, infrastructure development, public and private sector investments are driving the coating markets in the wealthy Middle East.
Whilst in Africa the continent’s emerging middle income consumers are expected to drive new demand for housing, expansions in the manufacturing sectors and infrastructure investments are fueling higher frequencies of paint use. Despite political uncertainty in some countries overall Africa is more stable than decade ago. Foreign investments which are set to increase, are influential in the coatings market growth with regional and local producers gaining more presence. Coatings are required to achieve the goals of Africa’s development plans. |
CMT’s 3rd Middle East & Africa Coatings brings together panel of industry leaders to ensure you gain insight on the demand supply balance of the various coatings sectors. Attend to strengthen your strategy and grow your market share within these regions. Register with your team today to enjoy group discount! For more information, contact huiyan@cmtsp.com.sg.
Key Sessions:
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"It is the only MENA regional event that addresses market issues. Its inherent importance stems from the fact that there is no available published data about the coatings market in the MENA region. Thus this conference is an excellent platform to exchange and challenge information and data in order to `paint' a more realistic and accurate picture of the coatings market." |
Be a Sponsor or Exhibitor! |
This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive luncheon & Cocktail sponsor.
Exhibition / catalogue display can be arranged upon request. Contact fiona@cmtsp.com.sg or (65) 6346 9138 |