Press Release

Governments sustainability initiatives to Boost GCC Water-based Paints Market

The GCC Water-based Paints Market is projected to grow at a CAGR of 3.8% during the forecast period of 2023-28, cites MarkNtel Advisors in the recent research report. Governments in the GCC region, including the UAE and Saudi Arabia, are placing a strong emphasis on environmental sustainability. As a result, there has been a growing adoption of water-based paints across various industries, particularly in construction and automotive. This is due to the fact that water-based paints are well-known for their eco-friendly characteristics and their ability to reduce Volatile Organic Compound (VOC) emissions.

Moreover, owing to the government's sustainability initiatives, many water-based paint manufacturers such as Jazeera Paints, Asian Pants, etc., are actively collaborating with government programs to promote the use of eco-friendly products. This collaborative approach, along with increased awareness among consumers, s widely fueling the demand for water-based paints in the region.

Furthermore, the widespread use of water-based paints in the coating of wooden furniture is one of the primary drivers behind the increasing demand for these paints. Furniture manufacturers prefer water-based paints due to their reduced odor and quick-drying properties, making them highly suitable for furniture. Several companies in the GCC region, such as Homegenie and Fepy, now offer furniture painted with these environmentally friendly coatings. Additionally, the availability of water-based paints in convenient spray form, further enhances consumer convenience for self-painting furniture projects, contributing to the healthy growth of GCC Water-based Paints Market, further states the research report, “GCC Water-based Paints Analysis, 2023.”

The GCC Water-based Paints Market is projected to grow at a CAGR of 3.8% during the forecast period of 2023-28, cites MarkNtel Advisors in the recent research report. Governments in the GCC region, including the UAE and Saudi Arabia, are placing a strong emphasis on environmental sustainability. As a result, there has been a growing adoption of water-based paints across various industries, particularly in construction and automotive. This is due to the fact that water-based paints are well-known for their eco-friendly characteristics and their ability to reduce Volatile Organic Compound (VOC) emissions.

Moreover, owing to the government's sustainability initiatives, many water-based paint manufacturers such as Jazeera Paints, Asian Pants, etc., are actively collaborating with government programs to promote the use of eco-friendly products. This collaborative approach, along with increased awareness among consumers, s widely fueling the demand for water-based paints in the region.

Furthermore, the widespread use of water-based paints in the coating of wooden furniture is one of the primary drivers behind the increasing demand for these paints. Furniture manufacturers prefer water-based paints due to their reduced odor and quick-drying properties, making them highly suitable for furniture. Several companies in the GCC region, such as Homegenie and Fepy, now offer furniture painted with these environmentally friendly coatings. Additionally, the availability of water-based paints in convenient spray form, further enhances consumer convenience for self-painting furniture projects, contributing to the healthy growth of GCC Water-based Paints Market, further states the research report, “GCC Water-based Paints Analysis, 2023.”