Middle East & Africa Fiber Cement Market Research Report Forecast to 2030

The MEA fiber cement market was valued at USD 1,117.1 million in 2021 and is projected to reach USD 1,645.3 million by 2030 at a CAGR of 4.65%. In terms of volume, the MEA market was sized at 1,987.0 kilotons in 2021 and is expected to register a CAGR of 3.81% to be sized at 2,726.8 kilotons by the end of the forecast period.

The MEA fiber cement market is primarily driven by its widespread use in the construction industry. In residential construction, it is extensively used in rooftop extensions, storage rooms, sentry posts, cottages, farmhouses, site offices, etc., while its commercial applications include offices, labor quarters, transit camps, rehabilitation centers, schools, health care centers, kiosks, etc. The growing demand for fiber cement is attributed to its benefits such as long-life span, versatility and aesthetics, heat and fire resistance, weather resistance, warping and rotting resistance, high strength, and low maintenance cost. Moreover, the need for energy-efficient buildings is likely to create trend for the players in this market.

However, the availability of substitutes, such as vinyl, wood, and steel siding, and high installation costs act as key restraints to the market growth. Proactive government initiatives to increase infrastructure investments are a major opportunity for the players in the market.

Market Segmentation

As per MRFR analysis, the MEA market has been segmented on the basis of product type, application, end user, and country. By product type, the regional market has been segmented into boards, panels, and others. The boards segment was valued at USD 796.4 million in 2021 and is expected to register the highest CAGR of 4.69% during the assessment period.

Based on application, the market has been segmented into siding, roofing, flooring, molding & trim, inner lining, fire and acoustic walls, partition walls, and others. The siding segment accounted for 31.92% of the regional market share in 2021 and is projected to reach a value of USD 530.8 million by the end of 2030.

Among the end user, the residential segment is expected to reach a value of USD 972.3 million by the end of the assessment period.

By country, Saudi Arabia accounted for 23.10% of the regional market share in 2021. This is due to the fast-paced industrialization and urbanization. The UAE is expected to be the second-fastest-growing region, registering a CAGR of 5.00% during the forecast period, on account of the increasing investments in housing and infrastructural projects.

Major Players

Etex Group, Knauf Gips KG, ACFA, SHERA Public Company Limited, United Mining Industries, SCG International Corporation Co., Ltd., Saint-Gobain, TEPE BETOPAN A.S., Danube Group, and IKK GROUP

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 MEA FIBER CEMENT MARKET, BY PRODUCT TYPE
- 1.1.2 MEA FIBER CEMENT MARKET, BY APPLICATION
- 1.1.3 MEA FIBER CEMENT MARKET, BY END USER
- 1.1.4 MEA FIBER CEMENT MARKET, BY COUNTRY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP-DOWN AND BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS & LIMITATIONS

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 ESCALATING DEMAND FROM THE CONSTRUCTION INDUSTRY
- 4.2.2 INCREASING CONSUMER AWARENESS REGARDING UTILIZATION OF FIBER CEMENT
4.3 RESTRAINTS
- 4.3.1 ALTERNATIVES TO FIBER CEMENT SIDING AND HIGH INSTALLATION COST
4.4 OPPORTUNITIES
- 4.4.1 PROACTIVE GOVERNMENT INITIATIVES TO INCREASE INFRASTRUCTURE INVESTMENTS
4.5 TRENDS
- 4.5.1 GROWING DEMAND FOR ENERGY-EFFICIENT BUILDINGS

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SUPPLIERS
- 5.1.2 FIBER CEMENT MANUFACTURERS
- 5.1.3 DISTRIBUTION & SALES CHANNEL
- 5.1.4 END USERS
5.2 PORTER'S FIVE FORCES ANALYSIS
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
5.3 PRICING OVERVIEW, BY REGION, 2019-2021 (USD/TON)
5.4 RAW MATERIAL USAGE ANALYSIS
- 5.4.1 SAND
- 5.4.2 PORTLAND CEMENT
- 5.4.3 CELLULOSIC MATERIAL
- 5.4.4 OTHERS
5.5 IMPACT OF CORONAVIRUS OUTBREAK ON MEA FIBER CEMENT MARKET
- 5.5.1 IMPACT OF COVID-19 ON SUPPLY CHAIN OF FIBER CEMENT MARKET
- 5.5.2 QUALITATIVE ANALYSIS OF CHANGE IN DEMAND FROM END USERS

6 MEA FIBER CEMENT MARKET, BY PRODUCT TYPE

6.1 INTRODUCTION
6.2 BOARDS
6.3 PANELS
6.4 OTHERS

7 MEA FIBER CEMENT MARKET, BY APPLICATION

7.1 INTRODUCTION
7.2 SIDING
7.3 FLOORING
7.4 INNER LINING
7.5 FIRE AND ACOUSTIC WALLS
7.6 PARTITION WALL
7.7 ROOFING
7.8 MOLDING & TRIM
7.9 OTHERS

8 MEA FIBER CEMENT MARKET, BY END USER

8.1 INTRODUCTION
8.2 RESIDENTIAL
8.3 NON-RESIDENTIAL

9 MEA FIBER CEMENT MARKET, BY COUNTRY

9.1 OVERVIEW
9.2 SAUDI ARABIA
9.3 UAE
9.4 EGYPT
9.5 OMAN
9.6 IRAQ
9.7 NORTHERN AFRICA
9.8 SOUTH AFRICA
9.9 REST OF THE MIDDLE EAST & AFRICA

10 GLOBAL FIBER CEMENT MARKET, BY REGION

10.1 INTRODUCTION

11 COMPETITIVE LANDSCAPE

11.1 COMPETITIVE OVERVIEW
- 11.1.1 RECENT DEVELOPMENTS
11.2 MEA MARKET STRATEGY ANALYSIS
11.3 COMPETITIVE BENCHMARKING

12 COMPANY PROFILES

12.1 ETEX GROUP
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCTS OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGIES
12.2 KNAUF GIPS KG
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 PRODUCTS OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGIES
12.3 ACFA
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 PRODUCTS OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGIES
12.4 SHERA PUBLIC COMPANY LIMITED
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 PRODUCTS OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.4.5 SWOT ANALYSIS
- 12.4.6 KEY STRATEGIES
12.5 UNITED MINING INDUSTRIES
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 PRODUCTS OFFERED
- 12.5.4 KEY DEVELOPMENTS
- 12.5.5 SWOT ANALYSIS
- 12.5.6 KEY STRATEGIES
12.6 SCG INTERNATIONAL CORPORATION CO., LTD.
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 PRODUCTS OFFERED
- 12.6.4 KEY DEVELOPMENTS
- 12.6.5 SWOT ANALYSIS
- 12.6.6 KEY STRATEGIES
12.7 SAINT-GOBAIN
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.7.5 SWOT ANALYSIS
- 12.7.6 KEY STRATEGIES
12.8 TEPE BETOPAN A.S.
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 PRODUCTS OFFERED
- 12.8.4 KEY DEVELOPMENTS
- 12.8.5 SWOT ANALYSIS
- 12.8.6 KEY STRATEGIES
12.9 DANUBE GROUP
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 PRODUCTS OFFERED
- 12.9.4 KEY DEVELOPMENTS
- 12.9.5 SWOT ANALYSIS
- 12.9.6 KEY STRATEGIES
12.10 ISAM KHAIRI KABBANI GROUP
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 FINANCIAL OVERVIEW
- 12.10.3 PRODUCTS OFFERED
- 12.10.4 KEY DEVELOPMENTS
- 12.10.5 SWOT ANALYSIS
- 12.10.6 KEY STRATEGIES

13 APPENDIX

13.1 REFERENCES
13.2 RELATED REPORTS

LIST OF TABLES

TABLE 1 LIST OF ASSUMPTIONS & LIMITATIONS 26
TABLE 2 PRICING OVERVIEW, BY REGION 37
TABLE 3 IMPORTANT PROPERTIES OF PORTLAND CEMENT 37
TABLE 4 PROPORTION OF FIBER CEMENT BOARDS 38
TABLE 5 DENSITY OF FIBER CEMENT BOARDS 38
TABLE 6 MEA FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (USD MILLION) 40
TABLE 7 MEA FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (KILOTONS) 41
TABLE 8 MEA FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (USD MILLION) 44
TABLE 9 MEA FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (KILOTONS) 45
TABLE 10 MEA FIBER CEMENT MARKET, BY END USER, 2019-2030 (USD MILLION) 47
TABLE 11 MEA FIBER CEMENT MARKET, BY END USER, 2019-2030 (KILOTONS) 48
TABLE 12 MEA FIBER CEMENT MARKET, BY COUNTRY, 2019-2030 (USD MILLION) 50
TABLE 13 MEA FIBER CEMENT MARKET, BY COUNTRY, 2019-2030 (KILOTONS) 51
TABLE 14 SAUDI ARABIA: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (USD MILLION) 52
TABLE 15 SAUDI ARABIA: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (KILOTONS) 52
TABLE 16 SAUDI ARABIA: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (USD MILLION) 53
TABLE 17 SAUDI ARABIA: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (KILOTONS) 53
TABLE 18 SAUDI ARABIA: FIBER CEMENT MARKET, BY END USER, 2019-2030 (USD MILLION) 54
TABLE 19 SAUDI ARABIA: FIBER CEMENT MARKET, BY END USER, 2019-2030 (KILOTONS) 54
TABLE 20 UAE: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (USD MILLION) 55
TABLE 21 UAE: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (KILOTONS) 55
TABLE 22 UAE: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (USD MILLION) 56
TABLE 23 UAE: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (KILOTONS) 56
TABLE 24 UAE: FIBER CEMENT MARKET, BY END USER, 2019-2030 (USD MILLION) 57
TABLE 25 UAE: FIBER CEMENT MARKET, BY END USER, 2019-2030 (KILOTONS) 57
TABLE 26 EGYPT: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (USD MILLION) 57
TABLE 27 EGYPT: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (KILOTONS) 58
TABLE 28 EGYPT: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (USD MILLION) 58
TABLE 29 EGYPT: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (KILOTONS) 59
TABLE 30 EGYPT: FIBER CEMENT MARKET, BY END USER, 2019-2030 (USD MILLION) 59
TABLE 31 EGYPT: FIBER CEMENT MARKET, BY END USER, 2019-2030 (KILOTONS) 60
TABLE 32 OMAN: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (USD MILLION) 60
TABLE 33 OMAN: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (KILOTONS) 60
TABLE 34 OMAN: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (USD MILLION) 61
TABLE 35 OMAN: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (KILOTONS) 61
TABLE 36 OMAN: FIBER CEMENT MARKET, BY END USER, 2019-2030 (USD MILLION) 62
TABLE 37 OMAN: FIBER CEMENT MARKET, BY END USER, 2019-2030 (KILOTONS) 62
TABLE 38 IRAQ: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (USD MILLION) 62
TABLE 39 IRAQ: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (KILOTONS) 63
TABLE 40 IRAQ: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (USD MILLION) 63
TABLE 41 IRAQ: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (KILOTONS) 64
TABLE 42 IRAQ: FIBER CEMENT MARKET, BY END USER, 2019-2030 (USD MILLION) 64
TABLE 43 IRAQ: FIBER CEMENT MARKET, BY END USER, 2019-2030 (KILOTONS) 64
TABLE 44 NORTHERN AFRICA: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (USD MILLION) 65
TABLE 45 NORTHERN AFRICA: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (KILOTONS) 65
TABLE 46 NORTHERN AFRICA: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (USD MILLION) 66
TABLE 47 NORTHERN AFRICA: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (KILOTONS) 66
TABLE 48 NORTHERN AFRICA: FIBER CEMENT MARKET, BY END USER, 2019-2030 (USD MILLION) 67
TABLE 49 NORTHERN AFRICA: FIBER CEMENT MARKET, BY END USER, 2019-2030 (KILOTONS) 67
TABLE 50 SOUTH AFRICA: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (USD MILLION) 67
TABLE 51 SOUTH AFRICA: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (KILOTONS) 68
TABLE 52 SOUTH AFRICA: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (USD MILLION) 68
TABLE 53 SOUTH AFRICA: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (KILOTONS) 69
TABLE 54 SOUTH AFRICA: FIBER CEMENT MARKET, BY END USER, 2019-2030 (USD MILLION) 69
TABLE 55 SOUTH AFRICA: FIBER CEMENT MARKET, BY END USER, 2019-2030 (KILOTONS) 70
TABLE 56 REST OF MIDDLE EAST & AFRICA: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (USD MILLION) 70
TABLE 57 REST OF MIDDLE EAST & AFRICA: FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019-2030 (KILOTONS) 70
TABLE 58 REST OF MIDDLE EAST & AFRICA: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (USD MILLION) 71
TABLE 59 REST OF MIDDLE EAST & AFRICA: FIBER CEMENT MARKET, BY APPLICATION, 2019-2030 (KILOTONS) 71
TABLE 60 REST OF MIDDLE EAST & AFRICA: FIBER CEMENT MARKET, BY END USER, 2019-2030 (USD MILLION) 72
TABLE 61 REST OF MIDDLE EAST & AFRICA: FIBER CEMENT MARKET, BY END USER, 2019-2030 (KILOTONS) 72
TABLE 62 GLOBAL FIBER CEMENT MARKET, BY REGION, 2019-2030 (USD MILLION) 73
TABLE 63 GLOBAL FIBER CEMENT MARKET, BY REGION, 2019-2030 (KILOTONS) 74
TABLE 64 RECENT DEVELOPMENTS BY KEY PLAYERS 75
TABLE 65 ETEX GROUP: PRODUCTS OFFERED 79
TABLE 66 KNAUF GIPS KG: PRODUCTS OFFERED 81
TABLE 67 ACFA: PRODUCTS OFFERED 83
TABLE 68 SHERA PUBLIC COMPANY LIMITED: PRODUCTS OFFERED 85
TABLE 69 SHERA PUBLIC COMPANY LIMITED: KEY DEVELOPMENTS 85
TABLE 70 UNITED MINING INDUSTRIES: PRODUCTS OFFERED 87
TABLE 71 SCG INTERNATIONAL CORPORATION CO., LTD.: PRODUCTS OFFERED 91
TABLE 72 SAINT-GOBAIN: PRODUCTS OFFERED 94
TABLE 73 TEPE BETOPAN A.S.: PRODUCTS OFFERED 95
TABLE 74 TEPE BETOPAN A.S: KEY DEVELOPMENTS 96
TABLE 75 DANUBE GROUP.: PRODUCTS OFFERED 98
TABLE 76 ISAM KHAIRI KABBANI GROUP: PRODUCTS OFFERED 100

LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 13
FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: MEA FIBER CEMENT MARKET, 2021 14
FIGURE 3 MEA FIBER CEMENT MARKET ANALYSIS, BY PRODUCT TYPE 15
FIGURE 4 MEA FIBER CEMENT MARKET ANALYSIS, BY APPLICATION 16
FIGURE 5 MEA FIBER CEMENT MARKET ANALYSIS, BY END USER 17
FIGURE 6 MEA FIBER CEMENT MARKET ANALYSIS, BY COUNTRY 18
FIGURE 7 MEA FIBER CEMENT MARKET: MARKET STRUCTURE 20
FIGURE 8 RESEARCH PROCESS OF MRFR 21
FIGURE 9 MARKET DYNAMICS OVERVIEW 27
FIGURE 10 VALUE OF CONTRACTS AWARDED IN GCC BY COUNTRY 28
FIGURE 11 DRIVERS IMPACT ANALYSIS 29
FIGURE 12 RESTRAINT IMPACT ANALYSIS 30
FIGURE 13 MIDDLE EAST & NORTH AFRICA SHARE OF INVESTMENT COMMITMENTS IN INFRASTRUCTURE PROJECTS WITH PRIVATE PARTICIPATION 31
FIGURE 14 SUPPLY CHAIN ANALYSIS FOR MEA FIBER CEMENT MARKET 33
FIGURE 15 PORTER'S FIVE FORCES ANALYSIS OF THE MEA FIBER CEMENT MARKET 35
FIGURE 16 MEA FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019 & 2030 (USD MILLION) 40
FIGURE 17 MEA FIBER CEMENT MARKET, BY PRODUCT TYPE, 2019 & 2030 (KILOTONS) 41
FIGURE 18 MEA FIBER CEMENT MARKET, BY APPLICATION, 2019 & 2030 (USD MILLION) 43
FIGURE 19 MEA FIBER CEMENT MARKET, BY APPLICATION, 2019 & 2030 (KILOTONS) 44
FIGURE 20 MEA FIBER CEMENT MARKET, BY END USER, 2019 & 2030 (USD MILLION) 47
FIGURE 21 MEA FIBER CEMENT MARKET, BY END USER, 2019 & 2030 (KILOTONS) 48
FIGURE 22 MEA FIBER CEMENT MARKET, BY COUNTRY, 2019 TO 2030 (USD MILLION) 50
FIGURE 23 MEA FIBER CEMENT MARKET, BY COUNTRY, 2019 TO 2030 (KILOTONS) 51
FIGURE 24 GLOBAL FIBER CEMENT MARKET, BY REGION, 2019 & 2030 (USD MILLION) 73
FIGURE 25 GLOBAL FIBER CEMENT MARKET, BY REGION, 2019 & 2030 (KILOTONS) 74
FIGURE 26 COMPETITIVE BENCHMARKING 76
FIGURE 27 ETEX GROUP: FINANCIAL OVERVIEW SNAPSHOT 78
FIGURE 28 ETEX GROUP: SWOT ANALYSIS 79
FIGURE 29 KNAUF GIPS KG: SWOT ANALYSIS 82
FIGURE 30 ACFA: SWOT ANALYSIS 84
FIGURE 31 SHERA PUBLIC COMPANY LIMITED: SWOT ANALYSIS 86
FIGURE 32 UNITED MINING INDUSTRIES: SWOT ANALYSIS 88
FIGURE 33 SCG INTERNATIONAL CORPORATION CO., LTD: FINANCIAL OVERVIEW SNAPSHOT 90
FIGURE 34 SCG INTERNATIONAL CORPORATION CO., LTD.: SWOT ANALYSIS 92
FIGURE 35 SAINT-GOBAIN: FINANCIAL OVERVIEW SNAPSHOT 93
FIGURE 36 SAINT-GOBAIN: SWOT ANALYSIS 94
FIGURE 37 TEPE BETOPAN A.S.: SWOT ANALYSIS 96
FIGURE 38 DANUBE GROUP.: SWOT ANALYSIS 99
FIGURE 39 ISAM KHAIRI KABBANI GROUP: SWOT ANALYSIS 101