Market Forecast By Resin (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester), By Technology (Waterborne, Solventborne, Powder), By Application (Architectural, Industrial) And Competitive Landscape
Product Code: ETC017584 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Bahrain Paints Market is poised for steady growth rate improvements from 2025 to 2029. From -0.26% in 2025, the growth rate steadily ascends to 16.17% in 2029.
By 2027, Bahrain's Paints market is forecasted to achieve a stable growth rate of 4.73%, with Saudi Arabia leading the Middle East region, followed by United Arab Emirates, Iran, Qatar and Kuwait.
Report Name | Bahrain Paints Market |
Forecast period | 2025-2031 |
CAGR | 5% |
Growing Sector | Architecture |
The Bahrain Paints Market report thoroughly covers the market by Resin, Technology, and Application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Bahrain Paints Market has witnessed growth in recent years and is projected to grow steadily in the coming years. Factors such as government initiatives, growing population, strategic location of the country, growing construction sector, and urbanization are contributing to the growth of the market.
According to 6Wresearch, the Bahrain Paints Market size is expected to grow at a significant CAGR of 5% during 2025-2031. One of the key drivers for the Bahrain paints market is the growing construction sector in the country. The government's focus on infrastructure development has led to an increase in demand for paints and coatings for both residential and commercial buildings. Moreover, the government's initiatives to diversify the economy and attract foreign investments have also led to an increase in construction activities and subsequently, the demand for paints. Another significant driver of the Bahrain paints market is its strategic location as a gateway to other Gulf Cooperation Council (GCC) countries.
One major challenge is the fluctuating prices of raw materials used in paint production. This can lead to an increase in production costs and hence, the final product prices. Moreover, environmental regulations and concerns about the harmful effects of certain chemicals used in paint production have also posed challenges for the market.
The Bahrain paints market is highly competitive, with several key players dominating the industry. Some of the major players in the Bahrain paints market include AkzoNobel, Sherwin-Williams Company, Jotun Group, BASF SE, Berger Paints Ltd., Hempel A/S, Sigma Paints Saudi Arabia Limited, National Paints Factory Co Ltd., Kansai Nerolac Paints Limited, and DuluxGroup Limited. Each of these companies has a significant presence in the Bahrain market and offers a diverse range of paint products to cater to various consumer needs and preferences.
One major initiative is the implementation of a National Paint Plan, which aims to promote local production and consumption of paints. Additionally, the government has also introduced favourable policies and regulations to attract foreign investment in the paint industry. These include tax incentives, reduced import tariffs on raw materials, and streamlined procedures for setting up new manufacturing units. Furthermore, there have been efforts to promote innovation and research in the paint industry through collaborations between universities, research institutions, and paint companies.
The Bahrain paints market is expected to witness significant growth in the coming years due to the rapidly expanding construction and infrastructure sectors. With a focus on sustainable development, the demand for eco-friendly paints is also expected to increase, leading to advancements in paint technology and materials. The market is also likely to see an influx of foreign investments as Bahrain continues to attract businesses with its favourable business policies and strategic location.
According to Ravi Bhandari, Research Head, 6Wresearch, the acrylic resin segment is the fastest-growing in the Bahrain paints market. This can be attributed to its versatility and wide range of applications in both architectural and industrial sectors.
In terms of application, the architectural sector holds the largest share in the Bahrain paints market. This can be attributed to a growing construction industry and rising demand for paints for residential, commercial, and institutional buildings.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bahrain Paints Market Overview |
3.1 Bahrain Country Macro Economic Indicators |
3.2 Bahrain Paints Market Revenues & Volume, 2021 & 2031F |
3.3 Bahrain Paints Market - Industry Life Cycle |
3.4 Bahrain Paints Market - Porter's Five Forces |
3.5 Bahrain Paints Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.6 Bahrain Paints Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Bahrain Paints Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bahrain Paints Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bahrain Paints Market Trends |
6 Bahrain Paints Market, By Types |
6.1 Bahrain Paints Market, By Resin |
6.1.1 Overview and Analysis |
6.1.2 Bahrain Paints Market Revenues & Volume, By Resin, 2021-2031F |
6.1.3 Bahrain Paints Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.4 Bahrain Paints Market Revenues & Volume, By Alkyd, 2021-2031F |
6.1.5 Bahrain Paints Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.6 Bahrain Paints Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.7 Bahrain Paints Market Revenues & Volume, By Polyester, 2021-2031F |
6.2 Bahrain Paints Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Bahrain Paints Market Revenues & Volume, By Waterborne, 2021-2031F |
6.2.3 Bahrain Paints Market Revenues & Volume, By Solventborne, 2021-2031F |
6.2.4 Bahrain Paints Market Revenues & Volume, By Powder, 2021-2031F |
6.3 Bahrain Paints Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bahrain Paints Market Revenues & Volume, By Architectural, 2021-2031F |
6.3.3 Bahrain Paints Market Revenues & Volume, By Industrial, 2021-2031F |
7 Bahrain Paints Market Import-Export Trade Statistics |
7.1 Bahrain Paints Market Export to Major Countries |
7.2 Bahrain Paints Market Imports from Major Countries |
8 Bahrain Paints Market Key Performance Indicators |
9 Bahrain Paints Market - Opportunity Assessment |
9.1 Bahrain Paints Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.2 Bahrain Paints Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Bahrain Paints Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bahrain Paints Market - Competitive Landscape |
10.1 Bahrain Paints Market Revenue Share, By Companies, 2024 |
10.2 Bahrain Paints Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |