Two new coatings shows and conferences in Indonesia and the United Arab Emirates
Together with Vincentz Network, the internationally acclaimed provider of information and network services for the paint industry, NürnbergMesse is establishing two new go-to events for the paints and coatings industry in the Asia-Pacific Region and the Middle East. The partners will launch the Pacific Coatings Show at the Jakarta International Expo congress centre in Indonesia from 21 to 23 September 2022, and in the United Arab Emirates, NürnbergMesse and Vincentz Network will hold the Gulf Coatings Show at the Expo Centre Sharjah from 16 to 18 October 2022. Both trade shows will subsequently be held at two-yearly intervals.
Forecasts suggest the entire Asia-Pacific Region will account for the largest share – around 50 percent – of the global paint and coatings market in the future. An average growth rate of about five percent is predicted for the South-East Asian markets for paint and coatings over the next five years. Reasons include a growing manufacturing sector, a booming construction industry, strong demand for decorative products, and a growing role as a major location for the automobile industry.
The Middle East, as the pivot point for three continents, is also a lucrative future market for the coatings industry. In 2019 the size of the regional coatings market in the Middle East and North Africa was estimated at a total value of US$9,875 million, with a product volume of 3,125 million litres. Forecasts suggest this will increase by an annual 4.1% by value and 2.6% by volume in the next five years.
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