Product Code: ETC045499 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia Fiber Cementâ market currently, in 2023, has witnessed an HHI of 2572, Which has decreased slightly as compared to the HHI of 3267 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Saudi Arabia fiber cement market is estimated to register a CAGR of 6.6% during the forecast period (2025-2031). The market is driven by several factors such as rapid urbanization, population growth, increasing demand for construction materials, and growing preference for non-corrosive building materials.
Rapid Urbanization: With the rise in global population, there has been an increase in migration from rural to urban areas across the country. This has led to an increase in the demand for housing and other infrastructure facilities like schools, hospitals etc., which are driving the fiber cement market growth in Saudi Arabia. Population Growth: Due to its strong economic growth rate over recent years, Saudi Arabia population has grown steadily over time leading to an increased demand for residential buildings and other structures made with fiber cement products. Increasing Demand for Construction Materials: Growing construction activities across the region have led to increased demand for high quality construction materials such as fiber cement boards that provide corrosion resistance properties as well as fire safety applications resulting in higher durability of buildings thus driving up sales of this product segment in the country.
Some raw materials used while manufacturing these products are highly expensive when compared with traditional building material options available on market hence customers tend switch from modern technologies towards cheaper alternatives thus hampering overall industry growth prospects throughout forecast timeframe.
Due to Covid 19 pandemic situation, many large scale projects related with production or development have started postponing or cancelling their orders/projects either permanently or temporarily resulting into drop down of revenue collected within sector severely impacting overall business operations alongwith profit margins throughout 2025 however experts anticipates gradual recovery after 2025 once health crisis gets resolved globally.
Certain players operating within regional landscape include Saint Gobain S A , James Hardie Industries Plc , Etex Group Sa.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Fiber Cement Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Fiber Cement Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Fiber Cement Market - Industry Life Cycle |
3.4 Saudi Arabia Fiber Cement Market - Porter's Five Forces |
3.5 Saudi Arabia Fiber Cement Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Saudi Arabia Fiber Cement Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.7 Saudi Arabia Fiber Cement Market Revenues & Volume Share, By End Use Type, 2021 & 2031F |
4 Saudi Arabia Fiber Cement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Fiber Cement Market Trends |
6 Saudi Arabia Fiber Cement Market, By Types |
6.1 Saudi Arabia Fiber Cement Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Fiber Cement Market Revenues & Volume, By Material Type, 2021-2031F |
6.1.3 Saudi Arabia Fiber Cement Market Revenues & Volume, By Portland cement, 2021-2031F |
6.1.4 Saudi Arabia Fiber Cement Market Revenues & Volume, By Sand, 2021-2031F |
6.1.5 Saudi Arabia Fiber Cement Market Revenues & Volume, By Fiber, 2021-2031F |
6.1.6 Saudi Arabia Fiber Cement Market Revenues & Volume, By Other, 2021-2031F |
6.2 Saudi Arabia Fiber Cement Market, By Application Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Fiber Cement Market Revenues & Volume, By Siding, 2021-2031F |
6.2.3 Saudi Arabia Fiber Cement Market Revenues & Volume, By Roofing, 2021-2031F |
6.2.4 Saudi Arabia Fiber Cement Market Revenues & Volume, By Molding & Trim, 2021-2031F |
6.2.5 Saudi Arabia Fiber Cement Market Revenues & Volume, By Other, 2021-2031F |
6.3 Saudi Arabia Fiber Cement Market, By End Use Type |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Fiber Cement Market Revenues & Volume, By Non-Residential, 2021-2031F |
6.3.3 Saudi Arabia Fiber Cement Market Revenues & Volume, By Residential, 2021-2031F |
7 Saudi Arabia Fiber Cement Market Import-Export Trade Statistics |
7.1 Saudi Arabia Fiber Cement Market Export to Major Countries |
7.2 Saudi Arabia Fiber Cement Market Imports from Major Countries |
8 Saudi Arabia Fiber Cement Market Key Performance Indicators |
9 Saudi Arabia Fiber Cement Market - Opportunity Assessment |
9.1 Saudi Arabia Fiber Cement Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Saudi Arabia Fiber Cement Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.3 Saudi Arabia Fiber Cement Market Opportunity Assessment, By End Use Type, 2021 & 2031F |
10 Saudi Arabia Fiber Cement Market - Competitive Landscape |
10.1 Saudi Arabia Fiber Cement Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Fiber Cement Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |