The Saudi Arabia Facade Market is anticipated to experience strong growth during the forecast period of 2024-2028, as per a report by TechSci Research titled "Saudi Arabia Facade Market - By Region, Competition Forecast & Opportunities, 2018-2028." Facades, which are the external facing of buildings including roofs, street awnings, and air vents, are typically made from a variety of 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. These facades are used for both aesthetic purposes and for their durability, weather resistance, waterproofing, and ease of manufacture.
Moreover, facades are utilized in energy-efficient buildings to regulate interior temperature, control light incidence, and provide thermal insulation. This has led to their widespread use in various buildings such as homes, retail stores, hotels, health centers, and warehouses. The growth of the construction sector, rising fire incidents, and increased interest in safe and sustainable facades are expected to be the key drivers of the Saudi Arabia Facade Market. Additionally, facades help to minimize air and steam leakage, increase thermal insulation, absorb solar energy, and prolong the life cycle of infrastructure, which should further boost market growth.
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Furthermore, the market growth is expected to be propelled by the increasing population, rising purchasing power of customers, and the growing public and private investments in the construction industry. Additionally, the Saudi Arabia Façade Market is expected to be driven by the increasing demand for fully recyclable façade panels and the growing awareness of zero-emission and energy-efficient buildings.
In terms of product segmentation, the market is divided into ventilated and non-ventilated facades, with the ventilated segment anticipated to dominate the market during the forecast period of 2024-2028. The ventilated façade system is a sturdy multi-layer system with ventilated air gaps between the layers, consisting of exterior wall cladding and back insulation. The presence of air gaps provides several benefits such as energy savings, aesthetic durability, and external sound reflection of the building. The voids act as chimneys, creating a "chimney effect" that reduces heat absorption inside the building during summer and prevents heat from escaping during winter, allowing air to flow continuously through the voids. Wall cladding, voids, and insulation partially reflect solar radiation, which decreases the building's heating and cooling loads, resulting in increased energy savings. Air gaps also help in the constant removal of surface condensation and the evacuation of moisture from the interior, enhancing the comfort and well-being of the occupants.
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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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