Dubai: The Middle East construction paints market is on a sustained growth trajectory, supported by robust infrastructure spending, rapid urbanisation and a strong construction pipeline across Gulf Cooperation Council (GCC) states and wider regional economies, according to the latest industry outlook report.
The market was valued at approximately US$ 9.7 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of about 4.9% between 2024 and 2034, reaching an estimated US$ 16.4 billion by the end of the decade.
Construction or architectural paints are specialised coatings applied to enhance aesthetics and durability of buildings and infrastructure.
In the Middle East—where harsh climatic conditions such as extreme heat, high UV exposure and sandstorms are prevalent—these coatings also deliver functional benefits including moisture resistance and long-term surface protection, underpinning their widespread use in residential, commercial and public sector projects.
Industry analysts highlight that large-scale infrastructure initiatives and urban expansion are key growth drivers. Rapid population growth and significant investments in housing, transport networks, tourism infrastructure and smart city programmes—especially under frameworks like Saudi Vision 2030 and Qatar National Vision 2030—are intensifying demand for construction paints throughout the GCC.
The region’s ongoing and planned projects, backed by government budgets and private investment, support steady paints consumption, with heightened activity in countries such as Saudi Arabia, the United Arab Emirates and Qatar. Such projects include housing developments, transport hubs and major commercial complexes.
By product segment, acrylic resin-based coatings dominate the Middle East construction paints landscape, accounting for roughly 35% of the market due to their strong weather resistance and gloss stability, particularly suited to exterior applications in high-UV environments.
Competitive landscape and outlook
The market remains competitive, with a blend of multinational corporations and strong regional players, including National Paints, Jotun, Nippon Paint Holdings, Jazeera Paints, Middle East Paints, Caparol Paints and Eagle Paints Factory LLC, competing on innovation, durability and sustainability features.
Despite global pressures such as raw material price volatility and supply chain disruptions, the investment outlook in the region’s construction paints sector is positive, suggesting stable returns for manufacturers and investors targeting solutions that align with ongoing construction trends and environmental performance requirements.