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Coatings, Adhesives and Sealants in the GCC December 2012

www.constructarabia.com www.ventures-me.com

Coatings, Adhesives and Sealants in

Coatings, Adhesives and Sealants in

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Coatings, Adhesives and Sealants in the GCCDecember 2012

Table of Contents Coatings, Adhesives and Sealants in the GCC

Coatings, Adhesives and Sealants ................................

Coatings ................................................................

Adhesives and Sealants ................................

GCC Building Construction Sector overview and Top Building Projects

Figures Figure 1: GCC Adhesives Market Size (Thousand Metric Tons), 2008

Tables Table 1: Top 30 Building Construction Projects across the GCC (US$ Million), December 2012

Coatings, Adhesives and Sealants in the GCC

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Coatings, Adhesives and Sealants in the GCC December 2012 ................................................................

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GCC Building Construction Sector overview and Top Building Projects ................................

Figure 1: GCC Adhesives Market Size (Thousand Metric Tons), 2008-2013 ....... Error! Bookmark not defined.

Table 1: Top 30 Building Construction Projects across the GCC (US$ Million), December 2012

P a g e : 2

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Error! Bookmark not defined.

Table 1: Top 30 Building Construction Projects across the GCC (US$ Million), December 2012 ...................... 8

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Coatings, Adhesives and Sealants in the GCCDecember 2012

Coatings, Adhesives and SealantsConstruction in the Gulf Cooperation Council (GCC) countries, after more than two decades

matured into a quality driven industry with due regard to safety and a new sensitivity to environmental

compatibilities to usher in an era where great importance is now placed on the quality and sustainability of

a construction or development in the

materials, which help enhance, the quality and sustainability of construction

the momentum has caught on to the coatings, adhesives and sealants market in t

Paints, coatings, adhesives and sealants are extensively used in the construction and automotive industries

and in a region characterized by a highly affluent and growing population, increasing standards of living and

strong government backing for expansion and diversification of the economy and its industries,

construction activity and its associated coatings, adhesives and sealants market have received a strong fillip

in recent years and likely to exhibit strong growth potential as these economies

of the global economic slowdown.

The indoor quality of a building construction and its surrounding built environment is determined by the

quality of paints, coatings, adhesives and sealants used and therefore the latter plays a

ensuring not only air quality within a building but also the energy efficiency of its heating and cooling

systems. In view of the desert’s harsh climatic conditions prevailing in the GCC, coatings, sealants and

adhesives provide the required materials to ensure air tightness of the building envelope as well as

preventing deterioration of building exteriors and interiors due to moisture infiltration, poor indoor

temperature and humidity levels and deterioration of building materials used in

tightness ensures reduced air transfer through the building exterior fabric thus reducing the energy

required to heat or cool it and increasing energy efficiency of the building.

In recent years GCC economies have embarked on amb

wherein infrastructure projects have received strong focus. Moreover, the global economic slowdown and

the social unrest following the Arab Spring have also shifted government emphasis onto affordable housing

in GCC countries, as there was a huge demand supply mismatch across the residential segments of most of

the GCC building construction markets that required the urgent attention of the policy makers, forcing

countries such as Saudi Arabia, Bahrain and Kuwai

Coatings, Adhesives and Sealants in the GCC

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Coatings, Adhesives and SealantsConstruction in the Gulf Cooperation Council (GCC) countries, after more than two decades

matured into a quality driven industry with due regard to safety and a new sensitivity to environmental

compatibilities to usher in an era where great importance is now placed on the quality and sustainability of

a construction or development in the region than the construction itself. In this era, the

the quality and sustainability of construction, have gained importance and

the momentum has caught on to the coatings, adhesives and sealants market in t

Paints, coatings, adhesives and sealants are extensively used in the construction and automotive industries

and in a region characterized by a highly affluent and growing population, increasing standards of living and

expansion and diversification of the economy and its industries,

construction activity and its associated coatings, adhesives and sealants market have received a strong fillip

in recent years and likely to exhibit strong growth potential as these economies surface from the aftermath

The indoor quality of a building construction and its surrounding built environment is determined by the

quality of paints, coatings, adhesives and sealants used and therefore the latter plays a

ensuring not only air quality within a building but also the energy efficiency of its heating and cooling

systems. In view of the desert’s harsh climatic conditions prevailing in the GCC, coatings, sealants and

red materials to ensure air tightness of the building envelope as well as

preventing deterioration of building exteriors and interiors due to moisture infiltration, poor indoor

temperature and humidity levels and deterioration of building materials used in

tightness ensures reduced air transfer through the building exterior fabric thus reducing the energy

required to heat or cool it and increasing energy efficiency of the building.

In recent years GCC economies have embarked on ambitious expansion and diversification programs

wherein infrastructure projects have received strong focus. Moreover, the global economic slowdown and

the social unrest following the Arab Spring have also shifted government emphasis onto affordable housing

in GCC countries, as there was a huge demand supply mismatch across the residential segments of most of

the GCC building construction markets that required the urgent attention of the policy makers, forcing

countries such as Saudi Arabia, Bahrain and Kuwait have allocated vast sums in their budgets toward

P a g e : 3

Coatings, Adhesives and Sealants Construction in the Gulf Cooperation Council (GCC) countries, after more than two decades of growth, has

matured into a quality driven industry with due regard to safety and a new sensitivity to environmental

compatibilities to usher in an era where great importance is now placed on the quality and sustainability of

region than the construction itself. In this era, the importance of raw

have gained importance and

the momentum has caught on to the coatings, adhesives and sealants market in the GCC.

Paints, coatings, adhesives and sealants are extensively used in the construction and automotive industries

and in a region characterized by a highly affluent and growing population, increasing standards of living and

expansion and diversification of the economy and its industries,

construction activity and its associated coatings, adhesives and sealants market have received a strong fillip

surface from the aftermath

The indoor quality of a building construction and its surrounding built environment is determined by the

quality of paints, coatings, adhesives and sealants used and therefore the latter plays a pivotal role in

ensuring not only air quality within a building but also the energy efficiency of its heating and cooling

systems. In view of the desert’s harsh climatic conditions prevailing in the GCC, coatings, sealants and

red materials to ensure air tightness of the building envelope as well as

preventing deterioration of building exteriors and interiors due to moisture infiltration, poor indoor

temperature and humidity levels and deterioration of building materials used in the building. Better air

tightness ensures reduced air transfer through the building exterior fabric thus reducing the energy

itious expansion and diversification programs

wherein infrastructure projects have received strong focus. Moreover, the global economic slowdown and

the social unrest following the Arab Spring have also shifted government emphasis onto affordable housing

in GCC countries, as there was a huge demand supply mismatch across the residential segments of most of

the GCC building construction markets that required the urgent attention of the policy makers, forcing

t have allocated vast sums in their budgets toward

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Coatings, Adhesives and Sealants in the GCCDecember 2012

developing affordable housing schemes across their country.

the importance given to tourism as a important source of foreign exchange earnings for the economies,

which in turn has also spurred growth across the hospitality and retail segments of these economies.

resultant rise in construction activity is likely to fuel demand for coatings, adhesives and sealants to feed

into the construction industries of the

Coatings

Though estimates of market size are hard to obtain

estimate the market for coatings in the GCC at around US$ 2.2 billion as of 2011.

construction, the requirement for coatings may vary between 0.5 to 10 percent of building material costs

across the GCC. Saudi Arabia and Qatar are noted to be the main

with Saudi Arabia accounting for an estimated 50 percent share of the G

and the demand for architectural and decorative coatings the fastest and largest growing segment in the

coatings market. The attractiveness of the paints and coatings market in the GCC is witnessed in the trend

of large number of players entering the market making it a low margin high volume business. With no clear

standards or rules as yet established, companies can gain market share

mature as its European and other Western counterparts,

latest technologies to provide the required edge in this market.

international players in the coatings market

Adhesives and Sealants

Adhesives and Sealants are speciality chem

applications representing a market of 12.2 million tons globally from uses of which adhesives account for

over 75 percent and sealants roughly the remaining 25 percent.

chemical compositions using similar technologies, they vary in terms of their functionality or end use.

Asian markets, the Europe, Middle East and Africa (EMEA) represents the second largest market for

adhesives and sealants with GCC‘s thriving construction industry a growing market for these specialty

chemical products. The market for adhesives and sealants can be either classified on the basis of end use

into eight broad markets or in terms of the technologies into four globally

classes of polymers used in the formulation of the

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developing affordable housing schemes across their country. Many of these countries have also increased

the importance given to tourism as a important source of foreign exchange earnings for the economies,

which in turn has also spurred growth across the hospitality and retail segments of these economies.

resultant rise in construction activity is likely to fuel demand for coatings, adhesives and sealants to feed

into the construction industries of these economies.

Though estimates of market size are hard to obtain for the adhesives and sealants market

estimate the market for coatings in the GCC at around US$ 2.2 billion as of 2011.

ment for coatings may vary between 0.5 to 10 percent of building material costs

Qatar are noted to be the main users of coatings

with Saudi Arabia accounting for an estimated 50 percent share of the GCC market demand

and the demand for architectural and decorative coatings the fastest and largest growing segment in the

The attractiveness of the paints and coatings market in the GCC is witnessed in the trend

of players entering the market making it a low margin high volume business. With no clear

standards or rules as yet established, companies can gain market share in this market which is not yet as

mature as its European and other Western counterparts, through making the first move or innovating using

latest technologies to provide the required edge in this market. There is a significant presence of

international players in the coatings market

Adhesives and Sealants

Adhesives and Sealants are speciality chemical products that are extensively used across a wide variety of

applications representing a market of 12.2 million tons globally from uses of which adhesives account for

over 75 percent and sealants roughly the remaining 25 percent. While adhesives and se

chemical compositions using similar technologies, they vary in terms of their functionality or end use.

Asian markets, the Europe, Middle East and Africa (EMEA) represents the second largest market for

GCC‘s thriving construction industry a growing market for these specialty

chemical products. The market for adhesives and sealants can be either classified on the basis of end use

in terms of the technologies into four globally well known technologies or 15

classes of polymers used in the formulation of the product.

P a g e : 4

Many of these countries have also increased

the importance given to tourism as a important source of foreign exchange earnings for the economies,

which in turn has also spurred growth across the hospitality and retail segments of these economies. The

resultant rise in construction activity is likely to fuel demand for coatings, adhesives and sealants to feed

for the adhesives and sealants market, analysts

estimate the market for coatings in the GCC at around US$ 2.2 billion as of 2011. Depending on the type of

ment for coatings may vary between 0.5 to 10 percent of building material costs

users of coatings in the coatings market

CC market demand for coatings

and the demand for architectural and decorative coatings the fastest and largest growing segment in the

The attractiveness of the paints and coatings market in the GCC is witnessed in the trend

of players entering the market making it a low margin high volume business. With no clear

in this market which is not yet as

ugh making the first move or innovating using

There is a significant presence of

ical products that are extensively used across a wide variety of

applications representing a market of 12.2 million tons globally from uses of which adhesives account for

While adhesives and sealants have similar

chemical compositions using similar technologies, they vary in terms of their functionality or end use. After

Asian markets, the Europe, Middle East and Africa (EMEA) represents the second largest market for

GCC‘s thriving construction industry a growing market for these specialty

chemical products. The market for adhesives and sealants can be either classified on the basis of end use

well known technologies or 15

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Coatings, Adhesives and Sealants in the GCCDecember 2012

Water-borne systems that are used across more than half of the market for adhesives and sealants are

used across building construction, packaging and conversion

used in construction applications as contact adhesives

the environmental regulations requiring

environmental compliance, thereby putting a brake on the growth of this segmen

other systems have overtaken it by clear substitution.

and sealants and is used in structural adhesiv

normally has a sustained market worldwide. The fourth polymer system popularly used worldwide are hot

melts that are pure solid systems used in packaging/conversions, woodworking and joinery and ot

product assembly adhesives, a fast growing market segment worldwide.

Adhesive and Sealants are primarily comprised of four main raw material classes as polymer bases, namely,

vinyls, acrylics, rubber (both natural and synthetic) and polyurethane t

technologies in varying compositions.

Some other raw materials used in the manufacture of adhesives and sealants that are more application

specific include epoxies, silicones, natural products like starches and dextrin

such used in niche markets such as modified acrylics, anaerobics,

cyanoacylates.

Adhesive and sealant demand across the construction sector comprises nearly 25 percent of the demand

for the products across applications.

are other major markets for adhesive and sealants across the GCC apart from infrastructure which is the

current focus of most GCC countries.

adhesives market at approximately 2 percent of the global market wherein the market was further broken

down into the following broad segments, namely

Hot Melt Adhesives and Poly Urethane Adhesives (PUA), with PVA and RBA representing the largest shares

in the market followed by Hot melt and PUA as of 2011.

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that are used across more than half of the market for adhesives and sealants are

used across building construction, packaging and conversion based applications. Solvent borne systems

used in construction applications as contact adhesives though these systems are highly restricted based on

the environmental regulations requiring minimal use of Volatile Organic Compounds (VOC) that are agains

environmental compliance, thereby putting a brake on the growth of this segmen

other systems have overtaken it by clear substitution. Reactive systems or chemically reactive adhesives

and is used in structural adhesive bonding and sealant formulations and this market segment

normally has a sustained market worldwide. The fourth polymer system popularly used worldwide are hot

melts that are pure solid systems used in packaging/conversions, woodworking and joinery and ot

product assembly adhesives, a fast growing market segment worldwide.

Adhesive and Sealants are primarily comprised of four main raw material classes as polymer bases, namely,

natural and synthetic) and polyurethane that are used across applications and

technologies in varying compositions.

Some other raw materials used in the manufacture of adhesives and sealants that are more application

specific include epoxies, silicones, natural products like starches and dextrins apart from high value adds

such used in niche markets such as modified acrylics, anaerobics, polysulphides

Adhesive and sealant demand across the construction sector comprises nearly 25 percent of the demand

ts across applications. The oil and gas, refining and water desalination and filtration sectors

are other major markets for adhesive and sealants across the GCC apart from infrastructure which is the

current focus of most GCC countries. Rough estimates by analysts, put the market value of the GCC

adhesives market at approximately 2 percent of the global market wherein the market was further broken

down into the following broad segments, namely Poly Vinyl Acetate (PVA), Rubber Based Adhesives (RBA),

d Poly Urethane Adhesives (PUA), with PVA and RBA representing the largest shares

in the market followed by Hot melt and PUA as of 2011.

P a g e : 5

that are used across more than half of the market for adhesives and sealants are

based applications. Solvent borne systems are

though these systems are highly restricted based on

olatile Organic Compounds (VOC) that are against

environmental compliance, thereby putting a brake on the growth of this segment in general globally as

Reactive systems or chemically reactive adhesives

e bonding and sealant formulations and this market segment

normally has a sustained market worldwide. The fourth polymer system popularly used worldwide are hot

melts that are pure solid systems used in packaging/conversions, woodworking and joinery and other such

Adhesive and Sealants are primarily comprised of four main raw material classes as polymer bases, namely,

hat are used across applications and

Some other raw materials used in the manufacture of adhesives and sealants that are more application

s apart from high value adds

polysulphides, polyolefins and

Adhesive and sealant demand across the construction sector comprises nearly 25 percent of the demand

The oil and gas, refining and water desalination and filtration sectors

are other major markets for adhesive and sealants across the GCC apart from infrastructure which is the

analysts, put the market value of the GCC

adhesives market at approximately 2 percent of the global market wherein the market was further broken

Poly Vinyl Acetate (PVA), Rubber Based Adhesives (RBA),

d Poly Urethane Adhesives (PUA), with PVA and RBA representing the largest shares

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Coatings, Adhesives and Sealants in the GCCDecember 2012

The coatings, adhesive and sealants market is characterized by the need for constant innovation and th

key to survival and gaining market share is not only to invest in constant innovation but to also constantly

move toward water based solvents and other environmentally sound product mix to conform to the GCC’s

rising need to meet environmental certificat

hydrocarbons.

Coatings, Adhesives and Sealants in the GCC

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The coatings, adhesive and sealants market is characterized by the need for constant innovation and th

key to survival and gaining market share is not only to invest in constant innovation but to also constantly

move toward water based solvents and other environmentally sound product mix to conform to the GCC’s

rising need to meet environmental certifications across the markets be it construction, automotive, or

P a g e : 6

The coatings, adhesive and sealants market is characterized by the need for constant innovation and the

key to survival and gaining market share is not only to invest in constant innovation but to also constantly

move toward water based solvents and other environmentally sound product mix to conform to the GCC’s

ions across the markets be it construction, automotive, or

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Coatings, Adhesives and Sealants in the GCCDecember 2012

GCC Building Sector overview and Top Projects The main market for Coatings, Adhesives and Solvents (CAS) is the

one of the emerging global markets that has emerged

unscathed compared to its European and other global neighbours

products the most. The primary driver for this upward trend i

dependence on the fast depleting hydrocarbon base,

and the Arab Spring, for which, the GCC economies have in recent years

expansion and diversification plans involving huge government spending across their industrial, energy and

infrastructure sectors alongside building up their social infrastructure such as affordable housing,

education, healthcare and sanitation so as to upgrade the standards o

sustainable economic growth across a varied base of basic and heavy industries.

directly or indirectly drive demand for CAS products at exponential rates and are likely to do so much more

riding the GCC expansion phase in the near future.

While the GCC construction industry

owing to these government investment plans, it also rapidly met the end of the boom, as profligate

spending and unchecked building construction combined with the adverse impact of the global economic

slowdown shrinking credit availability brought these markets to a craw

that affected other economies of the Gulf, proved to be a mixed blessing in terms of reversing investment

and tourist flows to the GCC as it began to be perceived as a safe haven for investors amid the slowdown as

it made a strong rebound. Regulations and stronger emphasis on building codes and quality have given a

big boost to this recovery trend.

Recovery has however been gradual though strong in 2010 and 2011 and the construction industries across

the region restarted erstwhile projects shelved or put on hold and

projects. Amid the turbulent times of 2009 and 2010

Bahrain and Kuwait were marginally affected adversely by the Arab Sprin

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Building Construction overview and Top Building

main market for Coatings, Adhesives and Solvents (CAS) is the GCC building construction industry

the emerging global markets that has emerged from the global economic slowdown relatively

unscathed compared to its European and other global neighbours as well as likely to fuel demand for CAS

The primary driver for this upward trend is as much the GCC need

dependence on the fast depleting hydrocarbon base, as to combat any adverse effects of the slowdown

the GCC economies have in recent years, embarked upon ambitious

fication plans involving huge government spending across their industrial, energy and

infrastructure sectors alongside building up their social infrastructure such as affordable housing,

education, healthcare and sanitation so as to upgrade the standards of living of its masses while achieving

sustainable economic growth across a varied base of basic and heavy industries.

directly or indirectly drive demand for CAS products at exponential rates and are likely to do so much more

the GCC expansion phase in the near future.

While the GCC construction industry had witnessed a tremendous growth phase between 2007 and 2009

government investment plans, it also rapidly met the end of the boom, as profligate

spending and unchecked building construction combined with the adverse impact of the global economic

slowdown shrinking credit availability brought these markets to a crawl by end of 2009. The Arab Spring

that affected other economies of the Gulf, proved to be a mixed blessing in terms of reversing investment

and tourist flows to the GCC as it began to be perceived as a safe haven for investors amid the slowdown as

Regulations and stronger emphasis on building codes and quality have given a

gradual though strong in 2010 and 2011 and the construction industries across

rstwhile projects shelved or put on hold and thereafter also

Amid the turbulent times of 2009 and 2010, UAE markets took the largest battering, while

Bahrain and Kuwait were marginally affected adversely by the Arab Spring and social and

P a g e : 7

Construction Building

GCC building construction industry is

from the global economic slowdown relatively

as well as likely to fuel demand for CAS

s as much the GCC need to reduce their

as to combat any adverse effects of the slowdown

embarked upon ambitious

fication plans involving huge government spending across their industrial, energy and

infrastructure sectors alongside building up their social infrastructure such as affordable housing,

f living of its masses while achieving

sustainable economic growth across a varied base of basic and heavy industries. All these industries

directly or indirectly drive demand for CAS products at exponential rates and are likely to do so much more

witnessed a tremendous growth phase between 2007 and 2009

government investment plans, it also rapidly met the end of the boom, as profligate

spending and unchecked building construction combined with the adverse impact of the global economic

l by end of 2009. The Arab Spring

that affected other economies of the Gulf, proved to be a mixed blessing in terms of reversing investment

and tourist flows to the GCC as it began to be perceived as a safe haven for investors amid the slowdown as

Regulations and stronger emphasis on building codes and quality have given a

gradual though strong in 2010 and 2011 and the construction industries across

thereafter also gradually resumed fresh

markets took the largest battering, while

g and social and political unrests

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Coatings, Adhesives and Sealants in the GCCDecember 2012

across these states. However, govern

to prevent a spread of such unrests by concentrating on investments across the infrastructure and social

housing sectors, thus giving a boost to the construction industry alongside.

Building projects worth over US$ 62.5

sectors including residential, commercial, hospitality and retail and is likely to reac

after a brief decline in 2012 to US$ 48.4 billion as a number of projects earlier resumed after the slowdown

neared completion and oversupply was tackled with a more cautious approach to fresh contract awards

until normalcy was gradually restored

2012, that have prompted analysts to revise growth estimates for the GCC region upward, citing

fundamentals such as its strong and consistent economic growth, political sta

neighbourhood, strong oil prices boosting their revenues, clear

fuel the growth across its non-oil sectors, for the revision.

construction in 2013. The following is the list of top building projects across the GCC as of

Table 1: Top 30 Building Construction Projects across the GCC (US$ Million),

Project Name

Country Client

Barwa Al Khor Project - Urjuan

Qatar Barwa Real Estate Company

Amphibious 1000

Qatar Seaquest Marine Technology Plc

Viva Bahriya Qatar United Development Company (UDC)

Lusail Phase II - Fox Hills

Qatar Qatari Diar Real Estate Investment Company (QDREIC)

Energy City Project - Phase 1

Qatar Energy City

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across these states. However, governments across the GCC came back with heavy socio

to prevent a spread of such unrests by concentrating on investments across the infrastructure and social

s, thus giving a boost to the construction industry alongside.

62.5 billion were awarded to contractors in 2011 across all the building

sectors including residential, commercial, hospitality and retail and is likely to reac

after a brief decline in 2012 to US$ 48.4 billion as a number of projects earlier resumed after the slowdown

neared completion and oversupply was tackled with a more cautious approach to fresh contract awards

radually restored. There are however strong growth signals

prompted analysts to revise growth estimates for the GCC region upward, citing

fundamentals such as its strong and consistent economic growth, political sta

neighbourhood, strong oil prices boosting their revenues, clear-cut government plans and vast spending to

oil sectors, for the revision. These factors are likely to fuel growth in

The following is the list of top building projects across the GCC as of

: Top 30 Building Construction Projects across the GCC (US$ Million), December 2012

Client Consultant Contractor

Barwa Real Estate Company

KEO International Consultants; Qatar

-

Seaquest Marine Technology

Giancarlo Zema Design Group

-

United Development Company

SRSS & Associates

Various Contractors

Qatari Diar Real Estate Investment Company (QDREIC)

- -

Energy City PFC Energy -

P a g e : 8

nts across the GCC came back with heavy socio-economic packages

to prevent a spread of such unrests by concentrating on investments across the infrastructure and social

billion were awarded to contractors in 2011 across all the building

sectors including residential, commercial, hospitality and retail and is likely to reach US$ 64.5 billion in 2013

after a brief decline in 2012 to US$ 48.4 billion as a number of projects earlier resumed after the slowdown

neared completion and oversupply was tackled with a more cautious approach to fresh contract awards

strong growth signals for the GCC economies in

prompted analysts to revise growth estimates for the GCC region upward, citing

fundamentals such as its strong and consistent economic growth, political stability amidst unrest in its

cut government plans and vast spending to

These factors are likely to fuel growth in

The following is the list of top building projects across the GCC as of December 2012:

Contractor Value (US$ Million)

Status

9,600

Design

500

Concept Stage

2,000

Construction

3,800

Design

3,000

Design

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Coatings, Adhesives and Sealants in the GCCDecember 2012

Project Name

Country Client

New Doha International Airport

Qatar NDIA Steering Committee

Muscat International Airport Expansion - Phase 1

Oman Ministry of Transport & Communications

New Terminal at Salalah International Airport

Oman Ministry of Transport & Communications

Eco - Resort at Ras al- Hadd

Oman Ministry of Tourism; Oman; Qatari Diar Real Estate Investment Company (QDREIC)

Mutrah Redevelopment

Oman Muscat Municipality; Haya Water (OWSC)

Sohar Free Zone

Oman Sohar International Development Company

Al Khairan Residential City Project

Kuwait Public Authority for Housing Welfare (PAHW)

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Client Consultant Contractor

NDIA Steering Committee

- Various Contractors

Ministry of Transport & Communicatio

COWI & Partners; Oman; Larsen Architects

TAV Construction; Turkey; Consolidated Contractors International Company (CCC); Oman

Ministry of Transport & Communicatio

COWI & Partners; Oman; Larsen Architects

Galfar Engineering & Contracting; Oman; Larsen & Toubro; Oman

Ministry of Tourism; Oman; Qatari Diar Real Estate Investment Company (QDREIC)

Dar Al Handasah; Oman; Spillis Candela DMJM

-

Muscat Municipality; Haya Water (OWSC)

- -

International Development Company

Mott MacDonald; Oman

Premier International Project

Public Authority for Housing Welfare (PAHW)

Gulf Consult; Atkins; Kuwait

Not Appointed

P a g e : 9

Contractor Value (US$ Million)

Status

10,000

Construction

Company (CCC);

4,000

Construction

Engineering &

Oman; Larsen &

760

Construction

300

Design

500

Concept Stage

2,000

Construction

27,000

Design

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Coatings, Adhesives and Sealants in the GCCDecember 2012

Project Name

Country Client

Jaber Al Ahmed Al Sabah Hospital

Kuwait Ministry of Health; Kuwait; Ministry of Public Works (MPW); Kuwait

Kuwait Cancer Control Center Expansion

Kuwait Ministry Health; Kuwait

Boubyan Island Develop-ment

Kuwait Ministry of Public Works (MPW); Kuwait; Mega Projects Agency (MPA)

North Bahrain New Town Project - Main File

Bahrain Ministry of Works & Housing; Bahrain

Janayen Al Hamala Housing Develop-ment

Bahrain Al Salam Bank

20,000 Low-cost Housing Project in Bahrain - Phase 1

Bahrain Ministry of Housing; Bahrain; Naseej BSC

Kingdom Riyadh Land - Main File

Saudi Arabia Kingdom Holding Company

King Abdullah Economic City (KAEC)

Saudi Arabia Emaar Economic City; Saudi

Coatings, Adhesives and Sealants in the GCC

www.constructarabia.com www.ventures-me.com

Client Consultant Contractor

Ministry of Health; Kuwait; Ministry of Public Works (MPW); Kuwait

Gulf Consult; Langdon Wilson; Kuwait

Kuwait Arab Contractors

Ministry of Health; Kuwait

Pan Arab Consulting Engineers (PACE)

Alghanim International General Trading & Contracting; Kuwait

Ministry of Public Works (MPW); Kuwait; Mega Projects Agency (MPA)

Hellmuth Obata Kassabaum (HOK); Gulf Consult; Mouchel; Kuwait

Hyundai Engineering & Construction Company /Mohammed Abdulmohsin Al Kharafi & Sons

Ministry of Works & Housing; Bahrain

- -

Al Salam Bank Manara Developments Company

Abdulla H. Al Mutawa Sons Group (AMSG); Saudi

Ministry of Housing; Bahrain; Naseej BSC

- Chase Perdana Sdn. Bhd.

Kingdom Holding Company

Omrania & Associates (O&A); Saudi Arabia

-

Emaar Economic City; Saudi

- Various Contractors

P a g e : 10

Contractor Value (US$ Million)

Status

Kuwait Arab 1,057

Construction

General Trading & Contracting;

597

Construction

Engineering &

Abdulmohsin Al

6,640

Construction

4,500

Design

Abdulla H. Al Mutawa Sons Group (AMSG);

1,325

Construction

Chase Perdana 550

Construction

7,000

Design

51,953

Construction

Page 11: Coatings, Adhesives and Sealants in the GCCsds-bionic-worldwide.com/docs/Middle/SDS Trade Rpt - Sealant... · the momentum has caught on to the coatings, adhesives and sealants market

Coatings, Adhesives and Sealants in the GCCDecember 2012

Project Name

Country Client

Riyadh East Sub Center - Main File

Saudi Arabia Hamed & Ahmed Mohammed Al Mozainy Real Estate Co.

Makkah Gate Cultural Oasis

Saudi Arabia Al Balad Al Ameen Company for Urban Development; Makkah Municipality; Sumou Real Estate Company; Makkah Gate Company

South Obhur Project - Main File

Saudi Arabia Rayadah Investment Company

King Faisal University in Al Ihsa - Staff Accommodation - Phase 2

Saudi Arabia King Faisal University

Masdar City in Abu Dhabi

UAE Masdar (Abu Dhabi Future Energy Company)

Nebras Aviation City

UAE Strata

Ghantoot Green City - Main File

UAE International Capital Trading LLC

Coatings, Adhesives and Sealants in the GCC

www.constructarabia.com www.ventures-me.com

Client Consultant Contractor

Hamed & Ahmed Mohammed Al Mozainy Real Estate Co.

- -

Al Balad Al Ameen Company for Urban Development; Makkah Municipality; Sumou Real Estate Company; Makkah Gate Company

- -

Rayadah Investment Company

Sulaiman Al Khorashi Office

-

King Faisal University

Arch-Centre for Architecture & Engineering Consultant; Saudi

Al Arrab Contracting Company

Masdar (Abu Dhabi Future Energy Company)

Flack & Kurtz Consulting Engineers; ETA Ascon; Abu Dhabi; Transsolar; WSP Group; Abu Dhabi

Al Ahmadiah Contracting; Dubai; Hip Hing Contruction Hong Kong

- -

International Capital Trading LLC

KEO International Consultants; Abu Dhabi

-

P a g e : 11

Contractor Value (US$ Million)

Status

8,000

Tender for Construction Contract

10,000

Design

15,000

Design

Al Arrab 7,012

Construction

Al Ahmadiah

Dubai; Hip Hing Contruction -

22,000

Construction

10,000

Concept Stage

10,000

Design

Page 12: Coatings, Adhesives and Sealants in the GCCsds-bionic-worldwide.com/docs/Middle/SDS Trade Rpt - Sealant... · the momentum has caught on to the coatings, adhesives and sealants market

Coatings, Adhesives and Sealants in the GCCDecember 2012

Project Name

Country Client

Danet Abu Dhabi

UAE Al Qudra Real Estate

Al Ghadeer at Saih As Sidirah

UAE Sorouh Real Estate

Khor Dubai UAE Dubai Culture and Arts Authority

Source: Ventures Onsite MENA Projects Database

Coatings, Adhesives and Sealants in the GCC

www.constructarabia.com www.ventures-me.com

Client Consultant Contractor

Al Qudra Real

Architectural & Engineering Consultants; Abu Dhabi (AEC); RSP (Raglan Squire and Partners) Architects

Various Contractors

Sorouh Real

Sun Jin Engineering (South Korea)

Construction General Contracting

Dubai Culture and Arts Authority

Kling Consult; Dubai

-

Source: Ventures Onsite MENA Projects Database www.venturesonsite.com

P a g e : 12

Contractor Value (US$ Million)

Status

9,260

Construction

5,400

Construction

1,907

Design


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