| Product Code: ETC10197839 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Cape Verde`s acrylic coating import market in 2024 continued to be dominated by key exporters such as Portugal, Spain, France, and the Netherlands. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The compound annual growth rate (CAGR) from 2020 to 2024 experienced a significant decline of -23.58%, with a sharp decrease in growth rate from 2023 to 2024 at -44.15%. These trends suggest a challenging environment for acrylic coating imports in Cape Verde, potentially influenced by various economic factors impacting trade dynamics.

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 Cape Verde Acrylic Coating Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Acrylic Coating Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Acrylic Coating Market - Industry Life Cycle |
3.4 Cape Verde Acrylic Coating Market - Porter's Five Forces |
3.5 Cape Verde Acrylic Coating Market Revenues & Volume Share, By Substrate, 2021 & 2031F |
3.6 Cape Verde Acrylic Coating Market Revenues & Volume Share, By Chemistry, 2021 & 2031F |
3.7 Cape Verde Acrylic Coating Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Cape Verde Acrylic Coating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and durable coating solutions in Cape Verde |
4.2.2 Growth in construction and infrastructure development projects in the region |
4.2.3 Rising disposable income leading to higher spending on home improvement and renovation projects |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Lack of awareness and education on the benefits of acrylic coatings among consumers in Cape Verde |
4.3.3 Limited availability of skilled labor for application and maintenance of acrylic coatings |
5 Cape Verde Acrylic Coating Market Trends |
6 Cape Verde Acrylic Coating Market, By Types |
6.1 Cape Verde Acrylic Coating Market, By Substrate |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Acrylic Coating Market Revenues & Volume, By Substrate, 2021 - 2031F |
6.1.3 Cape Verde Acrylic Coating Market Revenues & Volume, By Concrete, 2021 - 2031F |
6.1.4 Cape Verde Acrylic Coating Market Revenues & Volume, By Metal, 2021 - 2031F |
6.1.5 Cape Verde Acrylic Coating Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.1.6 Cape Verde Acrylic Coating Market Revenues & Volume, By Wood, 2021 - 2031F |
6.1.7 Cape Verde Acrylic Coating Market Revenues & Volume, By Wood, 2021 - 2031F |
6.2 Cape Verde Acrylic Coating Market, By Chemistry |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Acrylic Coating Market Revenues & Volume, By Waterborne, 2021 - 2031F |
6.2.3 Cape Verde Acrylic Coating Market Revenues & Volume, By Solvent-borne, 2021 - 2031F |
6.2.4 Cape Verde Acrylic Coating Market Revenues & Volume, By Powder, 2021 - 2031F |
6.2.5 Cape Verde Acrylic Coating Market Revenues & Volume, By Radiation Curable, 2021 - 2031F |
6.3 Cape Verde Acrylic Coating Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Acrylic Coating Market Revenues & Volume, By Building & Construction, 2021 - 2031F |
6.3.3 Cape Verde Acrylic Coating Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Cape Verde Acrylic Coating Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 Cape Verde Acrylic Coating Market Revenues & Volume, By Others, 2021 - 2031F |
7 Cape Verde Acrylic Coating Market Import-Export Trade Statistics |
7.1 Cape Verde Acrylic Coating Market Export to Major Countries |
7.2 Cape Verde Acrylic Coating Market Imports from Major Countries |
8 Cape Verde Acrylic Coating Market Key Performance Indicators |
8.1 Number of new construction permits issued in Cape Verde |
8.2 Percentage of households using acrylic coatings in their renovation projects |
8.3 Adoption rate of eco-friendly coating solutions in the market |
9 Cape Verde Acrylic Coating Market - Opportunity Assessment |
9.1 Cape Verde Acrylic Coating Market Opportunity Assessment, By Substrate, 2021 & 2031F |
9.2 Cape Verde Acrylic Coating Market Opportunity Assessment, By Chemistry, 2021 & 2031F |
9.3 Cape Verde Acrylic Coating Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Cape Verde Acrylic Coating Market - Competitive Landscape |
10.1 Cape Verde Acrylic Coating Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Acrylic Coating Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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