IRL Releases Updated Report on Middle East Coatings Industry
LONDON - IRL has released a new edition of its regional title, A Profile of the Middle East Paint Industry. The updated report provides market data for 2013 and forecasts for 2018, and gives an overview of coatings industry trends across 16 countries in the region.
The total market for paints and coatings in the Middle East was over 2.09 million tonnes in 2013 and is forecast to rise to more than 2.5 million tonnes by 2018. This is equivalent to an average annual growth rate of 3.6%.