Egypt Paints & Coatings Market to grow rapidly up to 2027. The acrylic resin segment dominated the market with nearly one-third of the total market share in 2019 and would lead the trial throughout the forecast period. In addition, the segment is expected to manifest the highest CAGR of 8.3% during the forecast period.

Based on product type, the Egypt paints & coatings market is classified into decorative paints & coatings and industrial paints & coatings. The decorative paints & coatings segment held the largest share in 2019, accounting for more than three-fourths of the market. However, the industrial paints & coatings segment is projected to portray the highest CAGR of 8.1% during the forecast period.

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The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.

However, rise in prices of raw materials hinders the Egypt paints & coatings market growth. On the contrary, surge in demand for eco-friendly paints & coatings products is expected to usher an array of opportunities for the market players in the future.

Egypt paints & coatings market to grow at 7.9?GR from 2020 to 2027, As per the report published by Allied Market Research. Increase in building and construction activities in the region and growth in demand for heat & UV resistant paints & coatings products drive the of the Egypt paints & coatings market growth. the industry is projected to cross $3.6 billion by 2027.

The Egypt paints & coatings market is divided on the basis of resin type, technology, and product type. Based on resin type, the market is further segmented into acrylic resin, alkyd resin, polyurethane resin, epoxy resin, polyester resin, and others.

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By Product Type

• Decorative Paints & Coatings
o Emulsions
o Enamel Paints
o Distemper
o Cement Paints (Acrylic Spray Plaster and Undercoats)
• Industrial Paints & Coatings
o Powder Coating
o Automotive Coating
o Wood Furniture & Cabinet Coating
o Coil Coating
o Non-Wood Furniture and Fixture (Texture Coatings)
o Machinery & Equipment
o Paper & Films
o Others

Based on technology, the Egypt paints & coatings market is divided into water-based, solvent-based, powder-based, and others. The solvent-based segment held the largest share in 2019, with more than half of the total revenue. However, the water-based segment is estimated to register the highest CAGR of 8.0% during the forecast period.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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