Middle East & Africa Cement Board Market Forecast to 2028

Middle East & Africa Cement Board Market Forecast to 2028 – Regional Analysis By Product Type (Fiber Cement Board and Cement Bonded Particle Board), Application (Roofing, Outside Siding or Façade, and Others), and End-Use (Residential and Non-Residential)

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Description

The Middle East & Africa cement board market is expected to grow from US$ 2,258.20 million in 2022 to US$ 3,202.01 million by 2028. It is estimated to grow at a CAGR of 6.0% from 2022 to 2028.
Increasing Adoption of Eco-Friendly Construction Materials Fuels Middle East & Africa Cement Board Market
The building construction industry is increasingly focusing on encouraging developments of sustainable construction for a healthy and environmentally friendly living. Regular cement requires different raw materials, including water, during production, while cement board relies on recycled materials and consumes fewer resources. With water crises in certain areas, using materials that reduce water usage is necessary. Further, cement board products are not made of natural materials but have several advantages over renewable resources like wood. Rapid deforestation is a major environmental concern, so wood construction materials can fuel unsustainable forestry practices. As cement board siding lasts longer, they are preferable to wood siding and others that need to be replaced often. The higher replacement of siding results in high waste accumulation in local landfills. Cement board products do not use fossil fuels to produce vinyl construction material. Thus, due to an increasing preference for sustainability and a focus on eco-friendly building materials, there will be an increase in the development of eco-friendly cement board in the coming years.
Middle East & Africa Cement Board Market Overview
The growing demand among real estate developers and the surge in infrastructural projects owing to industrialization and urbanization in the region are the key factors anticipated to drive the Middle East & Africa cement board market growth. The rising urban population has improved the construction of private residential buildings from semi-urban and urban cities. The government is looking forward to investing large amounts in the building and construction industry. The growing need for residential and non-residential buildings in the region has created lucrative opportunities for the Middle East & Africa cement board market in the Middle East and Africa. The increasing adoption of innovative eco-friendly materials in construction coupled government initiatives for developing smart building in the region will drive market revenue growth during the forecast period. In addition, rapid technological advancements in infrastructure development with improving economic conditions, have resulted in rising disposable income among consumers. Increasing investment in offices, malls, colleges, schools, universities, and hospitals in the region with the expansion of the hotel business is expected to support the regional revenue growth during the forecast period.
Middle East & Africa Cement Board Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Cement Board Market Segmentation
The Middle East & Africa cement board market is segmented into product type, application, end-use, and country.
Based on product type, the Middle East & Africa cement board market is segmented into fiber cement board and cement bonded particle board. The fiber cement board segment held the largest share of the Middle East & Africa cement board market in 2022.
Based on application, the Middle East & Africa cement board market is segmented into roofing, outside siding or façade, and others. The roofing segment held the largest share of the Middle East & Africa cement board market in 2022.
Based on end-use, the Middle East & Africa cement board market is segmented into residential and non-residential. The non-residential segment held the larger share of the Middle East & Africa cement board market in 2022.
Based on country, the Middle East & Africa cement board market is segmented into South Africa, Saudi Arabia, the UAE, Turkey, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the share of the Middle East & Africa cement board market in 2022.
Compagnie de Saint Gobain SA; Etex NV; SCG Building Materials Co., Ltd.; Swisspearl Group AG; and Visaka Industries Ltd, are some of the leading companies operating in the Middle East & Africa cement board market.

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At 6.0% CAGR, the Middle East & Africa Cement Board Market is speculated to be worth US$ 3,202.01 million by 2028, saysthe research team
According tothe research team’ research, the Middle East & Africa cement board market was valued at US$ 2,258.20 million in 2022 and is expected to reach US$ 3,202.01 million by 2028, registering a CAGR of 6.0% from 2022 to 2028. Rising adoption of cement board in construction sector and upsurge in demand for energy-efficient buildings are the critical factors attributed to the Middle East & Africa cement board market expansion.
According to the Energy Sector Management Assistance Program, nearly one-third of energy is consumed in residential, public, and commercial buildings for space cooling, heating, ventilating, cooking, refrigerating, lighting, water heating, and operating electric and mechanical devices. Modernizing cities in developing countries and increasing per capita income propel energy use in buildings. High energy consumption in public, residential, and commercial buildings create a need for energy savings. A layer of cement board is applied to the building to reduce heat transfer through the walls, keeping the interior warmer in winter and cooler in summer, which makes a building energy efficient. According to the ASHRAE Fundamentals Handbook, cement board has an R-value of 0.15, which is better than the value of brick and stone. Many cement board products have a finish that reflects light. This reflection helps the building absorb less heat from the sun and keep the building’s interior cooler. It reduces the need for air conditioning, saving energy and lowering energy bills. Fiber cement board is often put on top of a layer of foam insulation, making the building energy efficient. This efficiency can help homeowners reduce their energy consumption and energy bills. With an increasing demand for energy-efficient homes, houses are valued higher when built with sustainable resources. All these factors drive the Middle East & Africa cement board market.
On the contrary, the high cost of installation hampers the Middle East & Africa cement board market.
Based on product type, the Middle East & Africa cement board market is segmented into fiber cement board and cement bonded particle board. The fiber cement board segment held 91.7% share of Middle East & Africa Cement Board Market in 2022, amassing US$ 2,070.13 million. It is projected to garner US$ 2,945.35 million by 2028 to expand at 6.1% CAGR during 2022-2028.
Based on application, the Middle East & Africa cement board market is segmented into roofing, outside siding or façade, and others. The roofing segment held 42.5% share of Middle East & Africa Cement Board Market in 2022, amassing US$ 958.91 million. It is projected to garner US$ 1,403.18 million by 2028 to expand at 6.6% CAGR during 2022-2028.
Based on end-use, the Middle East & Africa cement board market is segmented into residential and non-residential. The non-residential segment held 67.1% share of Middle East & Africa Cement Board Market in 2022, amassing US$ 1,515.72 million. It is projected to garner US$ 2,128.01 million by 2028 to expand at 5.8% CAGR during 2022-2028.
Based on country, the Middle East & Africa cement board market has been categorized into South Africa, Saudi Arabia, the UAE, Turkey, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 32.1% share of Middle East & Africa Cement Board Market in 2022. It was assessed at US$ 724.24 million in 2022 and is likely to hit US$ 977.28 million by 2028, exhibiting a CAGR of 5.1% during the forecast period.
Key players operating in the Middle East & Africa cement board market are Compagnie de Saint Gobain SA; Etex NV; SCG Building Materials Co., Ltd.; Swisspearl Group AG; and Visaka Industries Ltd, among others.

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TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East & Africa Cement Board Market, by Product Type
1.3.2 Middle East & Africa Cement Board Market, by Application
1.3.3 Middle East & Africa Cement Board Market, by End-Use
1.3.4 Middle East & Africa Cement Board Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Middle East & Africa Cement Board Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Buyers:
4.2.3 Bargaining Power of Suppliers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Raw Material:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End-Use Industries
4.4 Expert Opinion
5. Middle East & Africa Cement Board Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of Cement Board in Construction Sector
5.1.2 Upsurge in Demand for Energy-Efficient Buildings
5.2 Market Restraints
5.2.1 High Cost of Installation
5.3 Market Opportunities
5.3.1 Rising Urbanization in Emerging Economies
5.4 Future Trends
5.4.1 Increasing Adoption of Eco-Friendly Construction Materials
5.5 Impact Analysis
6. Cement Board – Middle East & Africa Market Analysis
6.1 Middle East & Africa Cement Board Market Overview
6.2 Middle East & Africa Cement Board Market -Volume and Forecast to 2028 (Million Square Meters)
6.3 Middle East & Africa Cement Board Market -Revenue and Forecast to 2028 (US$ Million)
7. Middle East & Africa Cement Board Market Analysis – By Product Type
7.1 Overview
7.2 Middle East & Africa Cement Board Market, By Product Type (2021 and 2028)
7.3 Fiber Cement Board
7.3.1 Overview
7.3.2 Fiber Cement Board: Middle East & Africa Cement Board Market – Volume and Forecast to 2028 (Million Square Meters)
7.3.3 Fiber Cement Board: Middle East & Africa Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Cement Bonded Particle Board
7.4.1 Overview
7.4.2 Cement Bonded Particle Board: Middle East & Africa Cement Board Market – Volume and Forecast to 2028 (Million Square Meters)
7.4.3 Cement Bonded Particle Board: Middle East & Africa Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
8. Middle East & Africa Cement Board Market Analysis – By Application
8.1 Overview
8.2 Middle East & Africa Cement Board Market, By Application (2021 and 2028)
8.3 Roofing
8.3.1 Overview
8.3.2 Roofing: Middle East & Africa Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Outside Siding or Façade
8.4.1 Overview
8.4.2 Outside Siding or Façade: Middle East & Africa Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Middle East & Africa Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
9. Middle East & Africa Cement Board Market Analysis – By End-Use
9.1 Overview
9.2 Middle East & Africa Cement Board Market, By End-Use (2021 and 2028)
9.3 Residential
9.3.1 Overview
9.3.2 Residential: Middle East & Africa Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Non-Residential
9.4.1 Overview
9.4.2 Non-Residential: Middle East & Africa Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
10. Middle East & Africa Cement Board Market – Country Analysis
10.1 Overview
10.1.1 Middle East & Africa: Middle East & Africa Cement Board Market, by Key Country
10.1.1.1 South Africa: Middle East & Africa Cement Board Market -Volume and Forecast to 2028 (Million Square Meters)
10.1.1.2 South Africa: Middle East & Africa Cement Board Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 South Africa: Middle East & Africa Cement Board Market, by Product Type
10.1.1.2.2 South Africa: Middle East & Africa Cement Board Market, by Product Type
10.1.1.2.3 South Africa: Middle East & Africa Cement Board Market, by Application
10.1.1.2.4 South Africa: Middle East & Africa Cement Board Market, by End-Use
10.1.1.3 Saudi Arabia: Middle East & Africa Cement Board Market -Volume and Forecast to 2028 (Million Square Meters)
10.1.1.4 Saudi Arabia: Middle East & Africa Cement Board Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Saudi Arabia: Middle East & Africa Cement Board Market, by Product Type
10.1.1.4.2 Saudi Arabia: Middle East & Africa Cement Board Market, by Product Type
10.1.1.4.3 Saudi Arabia: Middle East & Africa Cement Board Market, by Application
10.1.1.4.4 Saudi Arabia: Middle East & Africa Cement Board Market, by End-Use
10.1.1.5 UAE: Middle East & Africa Cement Board Market -Volume and Forecast to 2028 (Million Square Meters)
10.1.1.6 UAE: Middle East & Africa Cement Board Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 UAE: Middle East & Africa Cement Board Market, by Product Type
10.1.1.6.2 UAE: Middle East & Africa Cement Board Market, by Product Type
10.1.1.6.3 UAE: Middle East & Africa Cement Board Market, by Application
10.1.1.6.4 UAE: Middle East & Africa Cement Board Market, by End-Use
10.1.1.7 Turkey: Middle East & Africa Cement Board Market -Volume and Forecast to 2028 (Million Square Meters)
10.1.1.8 Turkey: Middle East & Africa Cement Board Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.8.1 Turkey: Middle East & Africa Cement Board Market, by Product Type
10.1.1.8.2 Turkey: Middle East & Africa Cement Board Market, by Product Type
10.1.1.8.3 Turkey: Middle East & Africa Cement Board Market, by Application
10.1.1.8.4 Turkey: Middle East & Africa Cement Board Market, by End-Use
10.1.1.9 Rest of Middle East & Africa: Middle East & Africa Cement Board Market -Volume and Forecast to 2028 (Million Square Meters)
10.1.1.10 Rest of Middle East & Africa: Middle East & Africa Cement Board Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.10.1 Rest of Middle East & Africa: Middle East & Africa Cement Board Market, by Product Type
10.1.1.10.2 Rest of Middle East & Africa: Middle East & Africa Cement Board Market, by Product Type
10.1.1.10.3 Rest of Middle East & Africa: Middle East & Africa Cement Board Market, by Application
10.1.1.10.4 Rest of Middle East & Africa: Middle East & Africa Cement Board Market, by End-Use
11. Industry Landscape
11.1 Overview
11.2 New Product Development
11.3 Partnership and Expansion
11.4 Merger and Acquisition
12. Company Profiles
12.1 Swisspearl Group AG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Visaka Industries Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 SCG Building Materials Co., Ltd.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Etex NV
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Compagnie de Saint Gobain SA
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About
13.2 Glossary of Terms

LIST OF TABLES

Table 1. Middle East & Africa Cement Board Market -Volume and Forecast to 2028 (Million Square Meters)
Table 2. Middle East & Africa Cement Board Market -Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa Middle East & Africa Cement Board Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa Middle East & Africa Cement Board Market, by Product Type – Volume and Forecast to 2028 (Million Square Meters)
Table 5. South Africa Middle East & Africa Cement Board Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. South Africa Middle East & Africa Cement Board Market, by End-Use – Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia Middle East & Africa Cement Board Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia Middle East & Africa Cement Board Market, by Product Type – Volume and Forecast to 2028 (Million Square Meters)
Table 9. Saudi Arabia Middle East & Africa Cement Board Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Saudi Arabia Middle East & Africa Cement Board Market, by End-Use – Revenue and Forecast to 2028 (US$ Million)
Table 11. UAE Middle East & Africa Cement Board Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. UAE Middle East & Africa Cement Board Market, by Product Type – Volume and Forecast to 2028 (Million Square Meters)
Table 13. UAE Middle East & Africa Cement Board Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. UAE Middle East & Africa Cement Board Market, by End-Use – Revenue and Forecast to 2028 (US$ Million)
Table 15. Turkey Middle East & Africa Cement Board Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Turkey Middle East & Africa Cement Board Market, by Product Type – Volume and Forecast to 2028 (Million Square Meters)
Table 17. Turkey Middle East & Africa Cement Board Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 18. Turkey Middle East & Africa Cement Board Market, by End-Use – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Middle East & Africa Cement Board Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of Middle East & Africa Cement Board Market, by Product Type – Volume and Forecast to 2028 (Million Square Meters)
Table 21. Rest of Middle East & Africa Cement Board Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Middle East & Africa Cement Board Market, by End-Use – Revenue and Forecast to 2028 (US$ Million)
Table 23. Glossary of Terms, Middle East & Africa Cement Board Market

LIST OF FIGURES

Figure 1. Middle East & Africa Cement Board Market Segmentation
Figure 2. Middle East & Africa Cement Board Market Segmentation – By Country
Figure 3. Middle East & Africa Cement Board Market Overview
Figure 4. Middle East & Africa Cement Board Market, By Product Type
Figure 5. Middle East & Africa Cement Board Market, by Country
Figure 6. Porter’s Five Forces Analysis
Figure 7. Middle East & Africa Cement Board Market Ecosystem
Figure 8. Expert Opinion
Figure 9. Middle East & Africa Cement Board Market Impact Analysis of Drivers and Restraints
Figure 10. Middle East & Africa Cement Board Market -Volume and Forecast to 2028 (Million Square Meters)
Figure 11. Middle East & Africa Cement Board Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Middle East & Africa Cement Board Market Revenue Share, By Product Type (2021 and 2028)
Figure 13. Fiber Cement Board: Middle East & Africa Cement Board Market – Volume and Forecast To 2028 (Million Square Meters)
Figure 14. Fiber Cement Board: Middle East & Africa Cement Board Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Cement Bonded Particle Board: Middle East & Africa Cement Board Market – Volume and Forecast To 2028 (Million Square Meters)
Figure 16. Cement Bonded Particle Board: Middle East & Africa Cement Board Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Middle East & Africa Cement Board Market Revenue Share, By Application (2021 and 2028)
Figure 18. Roofing: Middle East & Africa Cement Board Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Outside Siding or Façade: Middle East & Africa Cement Board Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Others: Middle East & Africa Cement Board Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Middle East & Africa Cement Board Market Revenue Share, By End-Use (2021 and 2028)
Figure 22. Residential: Middle East & Africa Cement Board Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Non-Residential: Middle East & Africa Cement Board Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. Middle East & Africa Cement Board Market, by Key Country- Revenue (2021) (US$ Mn)
Figure 25. Middle East & Africa: Middle East & Africa Cement Board Market Revenue Share, by Key Country (2021 and 2028)
Figure 26. South Africa: Middle East & Africa Cement Board Market -Volume and Forecast to 2028 (Million Square Meters)
Figure 27. South Africa: Middle East & Africa Cement Board Market -Revenue and Forecast to 2028 (US$ Million)
Figure 28. Saudi Arabia: Middle East & Africa Cement Board Market -Volume and Forecast to 2028 (Million Square Meters)
Figure 29. Saudi Arabia: Middle East & Africa Cement Board Market -Revenue and Forecast to 2028 (US$ Million)
Figure 30. UAE: Middle East & Africa Cement Board Market -Volume and Forecast to 2028 (Million Square Meters)
Figure 31. UAE: Middle East & Africa Cement Board Market -Revenue and Forecast to 2028 (US$ Million)
Figure 32. Turkey: Middle East & Africa Cement Board Market -Volume and Forecast to 2028 (Million Square Meters)
Figure 33. Turkey: Middle East & Africa Cement Board Market -Revenue and Forecast to 2028 (US$ Million)
Figure 34. Rest of Middle East & Africa: Middle East & Africa Cement Board Market -Volume and Forecast to 2028 (Million Square Meters)
Figure 35. Rest of Middle East & Africa: Middle East & Africa Cement Board Market -Revenue and Forecast to 2028 (US$ Million)

The List of Companies – Middle East & Africa Cement Board Market

– Compagnie de Saint Gobain SA
– Etex NV
– SCG Building Materials Co., Ltd.
– Swisspearl Group AG
– Visaka Industries Ltd

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