MIDDLE EAST AND AFRICA POWDER COATING Market Size, Share, Growth, Segment, Trends, Developing Technologies, Investment Opportunities, Revenue and Forecast
Socio-economic development alongside rising number of housing subsidies will positively impact the architectural and ornamental sector, indirectly supporting the powder coatings industry growth. Furthermore, rising building and construction activities in the developing economies is also expected to drive the growth of the powder coatings market in the forecast period of 2022-2029. However, dearth of awareness in the backward areas will restrain the growth of the powder coatings market. Also, stringent environmental regulations coupled with increasing focus on the meeting state and local regulations regarding wastewater discharge will challenge market growth in the above mentioned forecast period.
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