Saudi Arabia Specialty Coatings Market Research Report: Forecast (2025-2030)

Market Insights & Analysis: Saudi Arabia Specialty Coatings Market (2025-30):

The Saudi Arabia Specialty Coatings Market size is valued at around USD 240.12 million in 2025 and is projected to reach USD 316 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.65% during the forecast period, i.e., 2025-30. The Saudi Arabia Specialty Coatings Market growth is driven by several growth factors, including the growing petrochemical industry, the well-established oil and gas machinery, the rapid development of infrastructure, the expansion of the manufacturing units to produce coating materials, including specialty coatings, and the adoption of specialty coatings with sustainable, biodegradable, & low-volatile organic compounds present in them. One of the most prominent growth factors is the rising industry of power generation in Saudi Arabia, which includes different infrastructure like grids, solar panels, turbines, etc., which are exposed to harsh environments, thus increasing the demand for protective coatings.

Additionally, the rising water desalination activities are increasing the demand for corrosion-free, fire-proof, and UV-resistant pipelines, tanks, and various metal equipment, which is significantly contributing to the market growth. Also, the government is investing heavily in the automotive sector of the country, which is potentially increasing the market demand and contributing as a major growth opportunity to this market. Moreover, the integration of green and biodegradable specialty coatings is actively transforming the market growth. However, the high dependence on imports and volatile prices of raw materials due to the limited availability of raw materials are hindering the growth of the Saudi Arabia Specialty Coatings Market.

Saudi Arabia Specialty Coatings Market Scope:

Saudi Arabia Specialty Coatings Market Driver:

Rising Demand for Specialty Coatings from the Oil & Gas Sector – The market growth is driven by the strong presence of the oil & gas industry in the country, which has a significant number of metal equipment, machinery, and tools that are highly prone to be degraded in the exposure of harsh chemicals, acids, salts and extreme climatic conditions, such as high temperatures and moisture content. Such high vulnerability is significantly increasing the demand for specialty coatings, including anti-corrosive, water-based, intumescent coatings, and many more, especially in the oil & gas sector in the country. For instance, over 60 million litres of specialty coatings are consumed annually by the Saudi Arabian Oil & Gas industry.

As a result, many active manufacturers like Hempel, Jazeera, Saudi Paint Co., etc., are actively producing specialty coatings in the country. For instance, Hempel Paints Saudi Arabia alone produces 12 million liters of specialty coatings, while Jazeera Paints exceeds 400,000 tons of coatings annually to meet the growing demands, thus driving the market growth.

Saudi Arabia Specialty Coatings Market Opportunity:

Growing Construction & Infrastructure Development – The rising infrastructure development and architectural activities in the country are offering lucrative growth opportunities in this market. For instance, the Red Sea Project- Phase 2 received about USD4 billion in investment, aiming to develop a coastal village with eco-resorts and overwater villas by the end of 2030. Similarly, the Jeddah Central Phase 1 is expected to begin by the end of 2025, which will involve the redevelopment of the stadiums, residential towers, and many more. Moreover, the construction of the King Salman International Airport is projected to be completed by the end of 2030, raising the demand for protective coatings to prevent the raw materials, such as steel, iron, and other metals, used in the construction. Such kinds of projects are contributing to the potential growth of the Saudi Arabia Specialty Coatings Market.

Saudi Arabia Specialty Coatings Market Challenge:

Heavy Import Reliance & Fragmented Supply Chain – This market growth & expansion is hindered by the high dependence on imports for raw materials, including resins, epoxy, etc., to manufacture specialty coatings in Saudi Arabia, due to the limited availability of raw materials in the country. For instance, in 2023, Saudi Arabia imported raw materials, including epoxide resins, which were valued at over 11 million Kg from countries like South Korea, the UAE, the US, etc. Additionally, the price of raw materials is highly fluctuating, and frequent policy changes by the country’s government increase the overall costs of the raw materials to be imported, which leads to supply chain disruptions, ultimately causing revenue losses to manufacturers.

Saudi Arabia Specialty Coatings Market Trend:

Adoption of Low-VOC & Eco-Friendly Coatings – The market landscape is changing quickly due to the adoption of green construction practices, including the use of low-VOC, sustainable, and eco-friendly alternatives. These formulations of specialty chemicals are increasing their efficiency, low chemical usage, high durability, longer lifespan, etc., as compared to the traditional protectants, thus uplifting the market size & volume.

Several key companies, such as Jotun, AkzoNobel, Sherwin-Williams, Hempel, PPG Industries, etc., have actively started producing eco-friendly and low-VOC coatings in the country. For instance, in 2024, Hempel launched the Purearth green coating range in Saudi Arabia, with zero-VOC coatings, such as Topaz Zero, etc. Similarly, Jotun (2024) introduced low-VOC sustainable coatings such as SuperDurable. These kinds of products are positively shaping the market growth trajectory.  

Saudi Arabia Specialty Coatings Market (2025-30): Segmentation Analysis

The Saudi Arabia Specialty Coatings Market study of MarkNtel Advisors evaluates & highlights the major trends and influencing factors in each segment. It includes predictions for the period 2025–2030 at the national level. Based on the analysis, the market has been further classified as:

Based on Product Type:

• Epoxy Coatings
• Polyurethane Coatings
• Fluoropolymer Coatings
• Acrylic Coatings
• Silicone Coatings
• Alkyd Coatings
• Others

Out of these, the acrylic coatings are leading the market segment based on product type, accounting for more than 43% of the market share. The dominance is due to the high efficiency, versatility, durability, longevity, and anti-corrosive capacities of these kinds of coatings over other types, thus a highly preferred category of this market. Additionally, these are highly cost-effective, which increases their affordability among a wide range of end users. For instance, the acrylic coatings cost around USD5-USD6 per liter, while those of other coatings, such as Polyurethane coatings valued over USD25 per liter, showing the cost-effectiveness of acrylic coatings.

Moreover, these agents have a wide range of applications in various industries such as construction, automotive, transport, electronics, and many more. This is due to the strong protective abilities of these coatings with plastics, glass, wood, metals, etc., contributing to the dominance of acrylic coatings in the market.

Based on Application:

• Industrial

  • Manufacturing
  • Automotive
  • Energy
  • Marine
  • Aerospace
  • Electronics
• Commercial
  • Infrastructure
  • Building
• Residential

Among these, the industrial segment is leading the Saudi Arabia Specialty Coatings Market, with a market share of more than 46%. The dominance is due to the rapidly growing industrialization in the country, which uses a substantial amount of equipment and machinery, raising the demand for specialty coatings for their protection from harsh conditions. Additionally, the Saudi government is heavily investing in the development of industrialization in the country. For instance, in 2024, the Industrial Development Fund (IDF) invested about USD3.2 billion to increase the industrial sector in the country by introducing about 900 new manufacturing facilities. These efforts are increasing the demand for specialty coatings.

Such kinds of efforts have increased the number of machines and equipment in the country, which has ultimately raised the demand for specialty coatings. Therefore, on average, the annual industrial coatings usage in Saudi Arabia is about 200 million liters, which shows its dominance in the market segment.

Saudi Arabia Specialty Coatings Industry Recent Development:

• 2024: Jotun Paints Saudi Arabia launched a major manufacturing facility in King Abdullah Economic City (KAEC), a USD135 million investment increasing its Saudi production capacity by 50%, particularly serving the Western region (Jeddah, Makkah).
• 2024: National Paints Company launched a new product line called Eco-Shield. These are special paints and coatings designed to be more environmentally friendly because they release very low levels of harmful chemicals (low-VOC).

Gain a Competitive Edge with Our Saudi Arabia Specialty Coatings Market Report

1. Saudi Arabia Specialty Coatings Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.

2. This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
3. Saudi Arabia Specialty Coatings Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks & optimize their operations.

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