The inaugural Saudi Arabia Coatings Show has opened its doors, welcoming the international coatings industry to Saudi Arabia for the first time.
Hamad Mohammad Albuali, Vice Chairman of Eastern Region Chamber of Commerce (Asharqia) opened the show, which is held at the Dhahran Expo in Dammam. The sold-out event will host around 150 exhibiting brands from more than 15 countries over the next three days, offering an unparalleled opportunity to network and do business in this booming market.
The Saudi Arabia Coatings Show will be attended by industry experts from the whole spectrum of the coatings industry, from raw materials suppliers and manufacturers, through to distributors, buyers and technical specialists.
The show is free to attend and visitors will get the chance to meet with leading companies such as Sipchem, Wacker, Petrochem, Reda Chemicals, Niemann, Brenntag, Tasnee, Dia’33 and more, as well as discover all the latest products and innovations available to the coatings industry.
Visitors will also be able to attend the Business Presentations Hub on days 1 and 3 of the show, to hear from companies such as Dow Chemical, Synthomer, BYK, Wacker and Kevin India, on a range of topics covering the latest technologies and advancements in the coatings industry. The full conference agenda can be viewed here: https://www.saudiarabiacoatingsshow.com/agenda/
Event Director Paddy O’Neill said: "Saudi Arabia is the MENA leader in construction projects with 35% market share, and the Saudi Arabia Coatings Show is a perfect gateway to business opportunities in this region. We are excited to welcome our exhibitors and visitors from across the globe and look forward to everyone having a successful time at the show.”
Under Saudi Arabia’s Vision 2030 strategy, the Kingdom intends to invest US$346bn (SAR1.3trn) in the industrial sector in the coming years, with 800 industrial projects to be announced in 2023. Projects include the US$8bn Qiddiya project; some eight new cities, mostly on the Red Sea coast; and major projects are also planned for the capital Riyadh, with its population projected to grow from 7.5M to 17M by 2030. Saudi Arabia’s Vision 2030 and Neom projects, including The Line, present a host of opportunities for global coatings companies across a range of segments.
This anticipated boom in the national construction sector is projected to drive the value of the country’s paints and coatings market to US$13.4bn by 2027, with an estimated compound annual growth rate (CAGR) of 7.3% between 2020 and 2027. That said, most associated paint and coatings orders have yet to be made, making this a crucial and exciting time to get involved in Saudi Arabia’s coatings industry.
To register for free to attend the show, please visit: https://www.saudiarabiacoatingsshow.com
