As per MarkNtel Advisors The Qatar Paints and Coatings Market size is valued at around USD 144 million in 2025 and is projected to reach USD 167 million by 2032. Along with this, the market is estimated to grow at a CAGR of around 2.14% during the forecast period, i.e., 2026-32. 

Qatar Paints and Coatings Market Systems Market Outlook:

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Qatar Paints and Coatings Market Systems Market Segmentation:

By Product Type- Market Size & Forecast 2020-2032, USD Million & Million Tons

-Decorative Paints

-Industrial Coatings

-Automotive Coatings

By Technology -Market Size & Forecast 2020-2032, USD Million & Million Tons

-Water-Based

-Solvent-Based

-Powder Coatings

By Application - Market Size & Forecast 2020-2032, USD Million & Million Tons

-Residential

-Commercial

-Industrial

-Automotive

-Infrastructure

-Others

By Resin Type - Market Size & Forecast 2020-2032, USD Million & Million Tons

-Acrylic

-Alkyd

-Polyurethane

-Fluoropolymer

-Epoxy

-Polyester

-Other Resin Types (Vinyl, Latex

By Distribution Channel- Market Size & Forecast 2020-2032, USD Million & Million Tons

-Exclusive Outlets

-Dealers & Distributors Network

-Online Retail

-Institutional Sales

By Region

-Doha

-Al Rayyan

-Al Wakrah

-Al Khor

-Al Daayen

-Al Shamal

-Abu Samra (South Qatar)

-Others.

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Qatar Paints and Coatings Market Drivers:

Surge in Home Refurbishments

Qatar Paints and Coatings Market Growth is witnessing momentum driven by residential refurbishment that has emerged as the most influential contributor to decorative paint consumption in Qatar. Consistent repainting driven by tenant turnover, expatriate relocation, and homeowner upgrades ensures year-round demand. In Q4 2024 alone, Qatar added roughly 3,000 new apartments and around 100 villas in areas such as Lusail Marina and The Pearl, while an exceptionally high 95% of rental agreements represented new leases. This elevated level of mobility means units are frequently repainted and refreshed between occupancies, solidifying refurbishment as a core demand pillar.

Qatar recorded a significant spike in mortgage transactions in Q4 2024, with 294 deals valued at approx. USD 6.8 billion, marking a 168% year-on-year jump. Increased access to capital often translates into renovation spending, with new homeowners upgrading interiors before moving in.

Furthermore, shifts in tenant preferences also reinforce refurbishment needs. Many residents are moving from aging properties to modern developments in districts such as Lusail’s Fox Hills and Erkiyah City, creating dual demand for new buildings require first-time finishing, while older stock undergoes refurbishment to remain competitive. For instances, longer-term projections also point to continued housing expansion, with Qatar’s residential stock expected to rise from around 394,000 units to more than 408,000 by 2026.

Combined with ongoing product innovation such as low-VOC, fast-dry and indoor air-quality-focused coatings these factors make residential refurbishment the most consistent and structurally supported driver of paint demand in the country.

Report Highlights Essential Insights for Strategic Decision-Making

• Detailed market size, share, and forecast analysis
• In-depth pricing trends and segment-wise cost evaluations
• Key industry strategies, including innovation, partnerships, and acquisitions
• Critical value chain analysis and stakeholder profiling
• Regional import-export market insights and trade flow assessment
• Thorough competitive benchmarking of top hearing aid manufacturers
• Identification of new growth opportunities and niche market segments
• Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the Qatar Paints and Coatings Market are:

The Berger Paints Qatar W.L.L., Akzo Nobel N.V., Hempel A/S, Jazeera Paints, Axalta Coating Systems, PPG Industries, Inc., RPM International Inc., Sherwin-Williams Company, Qatar Paints,

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

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