Saudi Arabia Facade Market to be Dominated by Ventilated Segment
According
to TechSci Research report, Saudi Arabia Facade
Market - By Region, Competition Forecast &
Opportunities, 2018-2028, the Saudi Arabia Facade Market is expected to register robust growth during the forecast period, 2024-2028. Facades represent the external facade of a building, which mainly
consists of roofs, street awnings, and air vents, etc. It is mainly
manufactured using various materials such as glass, steel, aluminum, stone,
clay, and wood. Common types of facades include External Thermal Insulation
Composite Systems (ETICS), facade claddings, curtain walls and claddings.
They
are widely used to have an aesthetic impact on buildings and to ensure good
durability, weather resistance, waterproofness, manufacturing, etc. In addition
to this, façades are also used in energy efficient buildings to control light
incidence, regulate interior temperature and provide thermal insulation. As a
result, it is widely used in homes, retail stores, hotels, health centres,
warehouses, etc. Growing construction sector, increasing number of fire
incidents, and increasing interest in adopting safe and sustainable facades are
expected to play a key role in the growth of the Saudi Arabia Facade Market.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on the "Saudi Arabia Facade Market"
In
addition, the façade minimizes air and steam leakage, increases thermal
insulation, absorbs solar energy, and extends the life cycle of infrastructure,
which is expected to further accelerate market growth This should further
accelerate market growth. Moreover, growing population, increasing purchasing
power of customers, and increasing public and private investment in the
development of the construction industry is further expected to drive the
market growth. Moreover, growing demand for fully recyclable façade panels and
growing awareness of zero-emission and energy-efficient buildings are expected
to drive the Saudi Arabia Façade Market.
On the basis of product, the market is further bifurcated into ventilated and non-ventilated. During the projected period, the ventilated segment
is expected to dominate the market during the forecast period of 2024-2028. The
ventilated façade system is a robust multi-layer system with ventilated air
gaps between the layers. The layers consist of exterior wall cladding and back
insulation. Combining layers leaves an air gap. Owing to this air gap feature,
this façade system offers decisive advantages in terms of energy savings,
aesthetic durability, and external sound reflection of the building. This is
because the voids act as chimneys, creating a "chimney effect" that
reduces heat absorption inside the building in summer and prevents heat from
escaping in winter, allowing air to flow continuously through the voids. Solar
radiation is partially reflected by wall cladding, voids, and insulation,
reducing the building's heating and cooling loads and increasing energy
savings. Air gaps also aid in the constant removal of surface condensation and
the evacuation of moisture from the interior, removing moisture from interior
spaces and aiding the comfort and well-being of the occupants.
On the
basis of region, the market
is segmented into Makkah, Riyadh, Eastern Province, Rest
of Saudi Arabia. During the projected period, Riyadh is
expected to dominate the market in terms of region during the forecast period
of 2024-2028. Riyadh has many projects under its belt for the Saudi Vision
2030. Apart from being the regional capital of Saudi Arabia, Riyadh is also considered
as the financial capital of the country with a good chunk of the Saudi
population living there and the region
is also known for having headquarters of many MNCs.
Key market players in the Saudi
Arabia Facade Market: -
- AluFab
- Lindner Saudi Arabia LLC
- Fateco
- Façade Solutions
- Almajal Alarabi Group Co.
- Hilti Saudi Arabia for Construction
Tools LLC
- The Safa Aluminium Saudi Co
- Deema Aluminum & Metal Coating
Factory
- Meinhardt Group
- Lindner
Saudi Co. Ltd.
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"Saudi Arabia is focused on its
Saudi Vision 2030 thereby increasing the number of construction projects in the
country. As the country’s projects are focused on all sectors i.e., residential,
commercial & industrial, facade market has a lot of opportunities during
the forecast period. Riyadh is expected to dominate the market during the
forecast period owing to the rapid development in the region and the number of
projects region holds for the Saudi Vision 2030," said Mr. Karan Chechi, Research Director
with TechSci Research, a research-based global management consulting firm.
Saudi Arabia Facade
Market by Product (Ventilated and Non-Ventilated), By Type of Facade (Steel, Panel Frame, Curtain Wall, Clay, Aluminum Composite, Precast
Concrete), By Building Type (Industrial, Residential, Commercial), By Region, Competition Forecast &
Opportunities, 2018-2028 has
evaluated the future growth potential of Saudi Arabia Facade Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides the report also identifies and analyzes
the emerging trends along with essential drivers, challenges, and opportunities
in the Saudi Arabia Facade Market.
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