Title: GCC Fibre Cement Market – Forecast (2022-2027)
1GCC Fiber Cement MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- GCC fiber cement pouches market size is forecast
to reach US834.7 million by 2027, after growing
at a CAGR of 3.8 during 2022-2027. - Fibre cement is a blend of cement, cellulose
fibers, and water. They are lightweight, strong,
and fire-resistant. - Fibre cement is used in a variety of applications
such as in construction, highway construction,
highway repair, residential and commercial
construction. Portland cement is the most common
type of cement used in the construction industry. - Additionally, it is used in mortar, stucco, and
non-specialty grout.
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- Key Takeaways
- GCC fiber cement market is projected to grow at a
CAGR of 3.8 over the period 2022 to 2027. - The commercial buildings segment holds a
significant share in the GCC fiber cement market.
The segment is accounted for more than 25 market
share in 2021 - The fiber cement market consumption is projected
to be the highest in Saudi Arabia followed by UAE
and Qatar during the forecast period.
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GCC Fiber Cement Market By Geography Saudi
Arabia country held the largest share in the GCC
fiber cement market in 2021 up to 60, due to
increased consumer spending, rising per capita
income, and varying consumption. According to the
industry sources, approximately 5,200
construction projects are under construction in
Saudi Arabia. According to the data published by
SIDF, the Saudi Government is involved in the
construction of a 500bn NEOM smart city, located
in the northwest of the country. The UAE and
Qatar are also expected to hold a significant
share in the GCC fiber cement market. The
increase in the number of construction and
renovation activities is fueling the demand for
fiber cement in the region.
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- GCC Fiber Cement Industry Outlook
- James Hardie Industries PLC
- Toray Corporation
- Etex Corporation
- Nichiha Corporation
- EvonikIndustries
- CSR Limited
- Cembrit Group A/S
- The Siam Cement Public Company Limited
- Plycem Corporation
- Beijing Hocreboard Building Materials Co. Ltd
- Hekim YAPI A.?.
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GCC Fiber Cement Market Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Report/18831/gcc-fibe
r-cement-market
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We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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