Market Forecast By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, And Turkey), By Product (Excavators, Loaders, Dump Trucks, Others), By Application (Construction, Mining, Agriculture & Forestry, Others), And Competitive Landscape According to 6Wresearch, Middle East Earthmoving Equipment Market size is anticipated to witness growth during 2021-2027. Recent initiatives taken by governments of several countries to revive the region’s economy from a worldwide crisis would support the growth of the Earthmoving Equipment market in the Middle East region. For instance, the UAE Central Bank has allocated incentives for SMEs and local banks to revive and develop the construction sector of the region. Additionally, the central bank also declared to offer incentives through collateralized loans at zero cost to all banks operating in the UAE, as well as an additional incentive that would be freed up from lenders’ capital buffers. Mobile cranes and earthmoving equ...
According to 6Wresearch, Middle East Paints Market size is anticipated to register growth during 2020-26. The United Arab Emirates stands to be the largest market for paints and coatings. Middle East Paints market is majorly driven by rising construction projects, enhancing lifestyle, better healthcare and demand for packaged products. Building and Construction Industry is to drive the Middle East’s Paints Market in the upcoming forecasting period. Shifting preferences to non-oil paints (latex paints) has significantly raised the demand for Paints that requires low VOC (volatile organic compounds). The United Arab Emirates Dominates the Consumption of Paints and Coating owing to the growth in construction and is expected to grow further. Saudi Arabia registers the second-highest share in Middle East Paints Market and is expected to grow at a noticeable rate whereas, Qatar has the third-highest share. Key Highlights Middle East Paints Market Outlook Middle East Paints Market Over...