More news
- Asian paint regulatory round up – Indonesian exterior paint still uses lead, warns W...
- Nigeria’s paint industry navigates regulatory changes and economic challenges amid p...
- Focus on the global coatings market: Global coatings market outlook
- Ask Joe Powder – October 2024
- Chinese paint majors look to domestic consumer sales as commercial real estate slumps
The Middle East Coatings Show will take place in Cairo on June 19-21, welcoming the global coatings industry to Egypt.
The trade exhibition will provide the perfect platform for exhibitors and visitors to network, learn about the latest innovations and do business all under one roof. The show will host 160 exhibiting companies from 15 countries, including Admix, Bühler, DutCH2, Galstaff Multiresine, KH Chemicals, NETZSCH, Petrochem, REDA Chemicals and Safic-Alcan, amongst others.
The Middle East Coatings Show is the only event dedicated to the coatings industry in Egypt and is the largest exhibition of its kind in the North Africa region, making it a must-visit event for anyone interested in doing business in the MENA region. The Chemical Export Council aims to support and boost industry in the region and will be present at the event, which caters to the entire spectrum of the coatings industry: from raw material suppliers to lab equipment manufacturers, from formulators to international distributors.
Egypt’s paint manufacturing industry is already firmly established, with key players such as Sipes Egypt, MIDO and GLC Paints, amongst others, contributing to the country’s strong output. Sales of paint and coatings in Egypt amounted to US$820M in 2022, with Statista predicting US$1.22bn worth of sales for 2023, demonstrating a healthy outlook for Egypt’s paint market.
READ MORE: North Africa: Egypt and Tunisia hold long-term promise for paint and coatings sector
According to manufacturing giant Hempel, Egypt’s marine, energy and infrastructure coatings segments are currently estimated to be worth a combined US$63.7M, while the decorative sector storms ahead at US$106.2M. This figure is expected to rise to US$950M by 2027, after growing at a CAGR of 6.2% from 2022-2027*.
Demand for paint in Egypt is driven by major construction and infrastructure projects throughout the country. For example, the government has assigned US$45bn to the construction of a new administrative capital city east of Cairo and US$88.5bn is being spent on new railway systems. According to government data, Egypt’s population is growing by 1.5M people per year, leading to US$40bn being earmarked for new housing projects over the coming decade.
Get involved at the Middle East Coatings Show
The Middle East Coatings Show will allow exhibitors and visitors to be a part of this exciting and prosperous market, enabling face-to-face meetings, networking with industry peers and access to more than 200 brands and their products, as well as the opportunity to learn about the latest technology, equipment, products and processes relevant to the coatings industry.
The free-to-attend event will bring together leading companies, brands and figures from Egypt, the MENA region and the wider world. For more information about how you can visit, go to: https://register.middleeastcoatingsshow.com
*Source: Industry ARC
