Fiber Cement Siding in Middle East & Africa
Summary
Fiber Cement Siding in Middle East & Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Fiber cement siding is an exterior covering material for homes and commercial buildings. It is composed of Portland cement, cellulose fibers, and silica, and is available in the form of planks, clapboards, and flat boards. Fiber cement siding is weather-resistant, rot-resistant, flame-resistant, and is often used in forest fire-prone areas. It is also a durable material that requires minimal maintenance, making it an attractive choice for homeowners and real estate developers.
- The Middle East and African fiber cement siding market recorded revenues of $0.6 billion in 2024, representing a compound annual growth rate (CAGR) of 3% between 2019 and 2024.
- The residential segment accounted for the market's largest proportion in 2024, with total revenues of $309.9 million, equivalent to 54.9% of the market's overall value.
- According to GlobalData, in 2024, the Middle East and African fiber cement siding market witnessed an annual growth of 7.1%. This expansion is fueled by government initiatives, including Saudi Arabia's Vision 2030, which accelerated building construction projects and increased demand for fiber cement siding.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the fiber cement siding market in Middle East & Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the fiber cement siding market in Middle East & Africa
- Leading company profiles reveal details of key fiber cement siding market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Middle East & Africa fiber cement siding market with five year forecasts by both value and volume
- What was the size of the Middle East & Africa fiber cement siding market by value in 2024?
- What will be the size of the Middle East & Africa fiber cement siding market in 2029?
- What factors are affecting the strength of competition in the Middle East & Africa fiber cement siding market?
- How has the market performed over the last five years?
- What are the main segments that make up Middle East & Africa's fiber cement siding market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of leading players?
- 8 Company Profiles
- 8.1. The Siam Cement Public Co Ltd
- 8.2. Etex NV
- 8.3. Geminite Cement Industries LLC
- 8.4. United Mining Industries Co Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: Middle East & Africa Fiber Cement Siding market value: $ million, 2019-24
- Table 2: Middle East & Africa Fiber Cement Siding market category segmentation: % share, by value, 2019-24
- Table 3: Middle East & Africa Fiber Cement Siding market category segmentation: $ million, 2019-24
- Table 4: Middle East & Africa Fiber Cement Siding market geography segmentation: $ million, 2024
- Table 5: Middle East & Africa Fiber Cement Siding market value forecast: $ million, 2024-29
- Table 6: The Siam Cement Public Co Ltd: Key Facts
- Table 7: The Siam Cement Public Co Ltd: annual financial ratios
- Table 8: The Siam Cement Public Co Ltd: key employees
- Table 9: The Siam Cement Public Co Ltd: key employees Continued
- Table 10: Etex NV: Key Facts
- Table 11: Etex NV: annual financial ratios
- Table 12: Etex NV: key employees
- Table 13: Geminite Cement Industries LLC: Key Facts
- Table 14: United Mining Industries Co Ltd: Key Facts
- Table 15: Middle East & Africa Size of Population (Million), 2020-24
- Table 16: Middle East & Africa Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 17: Middle East & Africa GDP (Current Prices, $ Billion), 2020-24
- Table 18: Middle East & Africa Inflation, 2020-24
- Table 19: Middle East & Africa Consumer Price Index (Absolute), 2020-24
- Table 20: Middle East & Africa Exchange Rate, 2019-24
- List of Figures
- Figure 1: Middle East & Africa Fiber Cement Siding market value: $ million, 2019-24
- Figure 2: Middle East & Africa Fiber Cement Siding market category segmentation: $ million, 2019-24
- Figure 3: Middle East & Africa Fiber Cement Siding market geography segmentation: % share, by value, 2024
- Figure 4: Middle East & Africa Fiber Cement Siding market value forecast: $ million, 2024-29
- Figure 5: Forces driving competition in the Fiber Cement Siding market in Middle East & Africa, 2024
- Figure 6: Drivers of buyer power in the Fiber Cement Siding market in Middle East & Africa, 2024
- Figure 7: Drivers of supplier power in the Fiber Cement Siding market in Middle East & Africa, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the Fiber Cement Siding market in Middle East & Africa, 2024
- Figure 9: Factors influencing the threat of substitutes in the Fiber Cement Siding market in Middle East & Africa, 2024
- Figure 10: Drivers of degree of rivalry in the Fiber Cement Siding market in Middle East & Africa, 2024
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