Middle East Association Officially Launches
The Middle East Paints and Coatings Association has recently received necessary government approvals to officially launch the new paint and coatings association.
According to the latest release, MEPCA’s work will focus on paints and coatings in all segments, including adhesives and sealants, automotive refinish, coil, architectural/decorative, general industrial and OEM, marine, packaging and containers, powder, transportation, machinery and wood.
About the Association
Last year, in October, several paint manufacturers with locations in the Middle East announced the new coatings association.
MEPCA founding members include AkzoNobel, Altakamol (Sheibani Group), Asian Paints, Axalta, Caparol Paints, Hempel, Jotun, National Paints, PPG, RAR Holding and Kaizen Paints Middle East (KPME) with the backing and support from the World Coatings Council and Vincentz Network.
At the time, Sheibani Group CEO Abubaker Sheibani was elected Chairman of the Association and is supported by Vice Chairman Martin Rosocha, Managing Director of Caparol Paints, and Treasurer Jasbir Gill, Regional Director Middle East and Africa, AkzoNobel.
Both Vincentz Network as a company and Tom Bowtell as WCC President were made Honorary Members of MEPCA.
MEPCA describes itself as “the voice of the industry” and plans to engage with industry stakeholders to facilitate connection, share knowledge, improve business conditions and contribute to the international dialogue.
Analysts have reportedly estimated that the Middle East paints and coatings market is worth around $4,700 million and could possibly increase to as much as $7,500 million by 2032. Additionally, around 75% of the regional demand comes from construction (decorative and protective) and marine coatings with the rest from OEM sector.
The association notes that the Middle East paints and costings industry supports the region’s economic diversification by producing its products in the region and supplying most of its products to domestic markets.
“There is no shortage of paints and costings expertise in our region of the world and MEPCA will play an instrumental role in taking forward our future success,” said Sheibani in the announcement.
“We will work closely with regulators, producers, and industry experts to ensure our growth, continued business success, and the long-term sustainable development of our industry, starting a new era of cooperation. I am thrilled and proud to be its founding Chairman as we embark on this next stage of our journey.”