| n, IRL information released recently by research | | | | Emirates and coatings market, the tremendous |
| institutions, the Middle East and non-state industrial | | | | growth potential. |
| coatings market report predicts that between | | | | North African markets ready: although |
| now and 2014, the Middle East paint market, will | | | | fast-growing Asian markets, the rise in North |
| average 4 to 5% of the speed. Reported that | | | | Africa is still some way off full paint market, but |
| compared with the industrial coatings, architectural | | | | the paint companies believe that their potential |
| coatings market is more optimistic about growth | | | | can not be ignored. According to the China |
| prospects, the Middle East will become a major | | | | Association of epoxy resin industry experts, the |
| paint products. Middle East market has become an | | | | current local paint companies in North Africa just |
| arena for international paint company. Into the | | | | under 50, and the scale is not large, so this has |
| main Saudi Arabia United Arab Emirates - many | | | | attracted the eyes of the global coatings |
| Middle Eastern countries is to develop local | | | | company. Coatings giant Akzo Nobel has been |
| tourism, infrastructure construction and will open | | | | active in North Africa to seize the market, and |
| up new coatings market, and promote | | | | the acquisition of Dutch SigmaKalon PPG after the |
| architectural coatings, automotive finishes and | | | | United States, but also extending their reach here. |
| marine growth in demand for marine coatings. | | | | In addition, BASF Coatings in Ghana many years |
| Many chemical and paint company recently has | | | | ago to establish production line of automotive |
| turned to the Middle East, including Germany's | | | | refinish paint products, non-development is also |
| BASF and Bayer, Huntsman, Perstorp, Sweden, | | | | positive north. |
| and Norway, Jordan, etc, they are a substantial | | | | Jordan has also been developed for the North |
| increase in investment in the Middle East. Insiders | | | | African market, long-term development plan. |
| pointed out that construction investment tends to | | | | Analysts pointed out that Egypt is an emerging |
| stimulate economic growth engine. Survey data, | | | | market to be developed, because Egypt has a |
| the Middle East sales of architectural coatings in | | | | huge consumption potential. The current population |
| the region, 64% of the total paint sales are | | | | of Egypt is close to 79 million, but the coating |
| expected to paint the area in 2014, the market | | | | amount of only 23 tons, its paint market |
| will reach 2.7 billion. Saudi Arabia and the UAE in | | | | prospects worth the wait. Libya is currently the |
| 2009 the amount of paint in the Middle East | | | | market is being more and more optimistic about |
| accounted for 62% and 11%, the future will | | | | the paint manufacturers, including Jordan, |
| continue to occupy these two countries the main | | | | NationalPaints, PACHIN and Sipes, among others. |
| position of the Middle East paint market. According | | | | According to the China Association of epoxy resin |
| to the China Association of epoxy resin industry | | | | industry experts, Libya's energy, utilities, transport |
| experts, the current Saudi Arabia plans to invest | | | | and infrastructure in the next few years will be |
| 500 billion U.S. dollars to build six new industrial | | | | huge budget investment in other industries such |
| town, including the West Coast's "King Abdullah | | | | as steel, aluminum will be further developed. In |
| Economic City", near Medina "Knowledge Economic | | | | addition, the country may in the near future |
| City" and the north "Prince Mu Saide Economic | | | | accession to the World Trade Organization, the |
| City." | | | | traditional domestic mode of operation may be |
| Saudi Investment Authority hope that Metro can | | | | completely changed, and the gap in the domestic |
| accommodate up to 500 million people by 2020, | | | | market to attract the paint giant's attention. |
| creating one million jobs and 150 billion U.S. dollars | | | | Potential high-end customized products - in the |
| to Saudi Arabia to increase revenue. It is | | | | Middle East have specific requirements on the |
| estimated that demand for Saudi coating nearly | | | | coatings, such as architectural coatings must be |
| 90 million tons, still the largest coatings market in | | | | able to withstand high temperatures and resist |
| the Middle East. United Arab Emirates has become | | | | long-term impact of desert dust storms, while |
| the Middle East to stimulate economic growth and | | | | reducing the coverage of the desert region |
| strengthen the hub of the Middle East regional | | | | outside of the amount of industrial wood coatings, |
| links, the UAE urban development, especially the | | | | and indoor wooden furniture on the growing |
| "world's first tower," low-carbon Masdar city | | | | demand for industrial wood finishes. |
| construction, indicates that paint the United Arab | | | | |