GCC Building Material Market is Expected to Grow at a CAGR of 5.2% during the Forecast period (2017-2025)

New York, USA, 2018-Oct-22 — /EPR Network/ —According to Goldstein Research, growing incidences of allergic diseases GCC building material market will be majorly driven by the economic and demographic needs, initiatives associated with the Saudi Vision 2030, Abu Dhabi Economic Vision 2030, Dubai Plan 2021, and Qatar National Vision 2030, as well as international tourism associated projects and the assurance from governments towards infrastructure investment. All these initiatives and positive trends will fuel the growth of the GCC building materials market. Major growth is observed in sectors such as transportation construction industry, energy, and power, which have large-scale investments.

GCC building material market Outlook also includes product development, marketing strategy and investment strategies adopted by major market players in order to expand their business across the globe. Additionally, the regional projects pipeline appears rock-solid with over USD 2.0 trillion of projects at present in the planning stage, representing there is still a need and demand.

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Market Segmentation

On the basis of our in-depth analysis, GCC building material market can be segmented as follows:

By Material Type

• Iron and steel
• Aluminium and Articles
• Wood and articles of wood
• Glass and Glassware
• Stone, Plaster, cement etc

By Constriction Type

• Residential Construction
• Industrial Construction
• Commercial Construction
• Infrastructure

Based on Geography

• Kingdom of Saudi Arabia (KSA) {Market Share (%), Market Size (USD Billion)} Heavy East Building Material Market
• United Arab Emirates (UAE) {Market Share (%), Market Size (USD Billion)} Heavy East Building Material Market
• Qatar {Market Share (%), Market Size (USD Billion)} Heavy East Building Material Market
• Oman {Market Share (%), Market Size (USD Billion)} Heavy East Building Material Market
• Kuwait {Market Share (%), Market Size (USD Billion)} Heavy East Building Material Market
• Bahrain {Market Share (%), Market Size (USD Billion)} Heavy East Building Material Market

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“GCC Building Material Market Outlook 2024” contains a detailed overview of the GCC building material market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by material type and by construction type.

Further, for the in-depth analysis, GCC Building Material Industry Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such Dextra Group, SABIC, AlKifah Holding Company, Zamil Steel Holding Co. Ltd., MASDAR Building Materials, LafargeHolcim, Saint-Gobain, Alba – Aluminium Bahrain etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Goldstein Research provides GCC construction material market research report along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players examining possibilities and other stakeholders to bring into line their market centric approaches according to the ongoing and expected trends in the future.

Key queries countered in this GCC building material market report

• What is the GCC building material market size by 2024 and what would be the expected growth rate of sales?
• What are the building material market trends?
• What are the dynamics which are driving this market?
• What are the major barriers to building material market growth?
• Who are the prominent vendors in this market space?
• What are the market prospects for the current and entry level players?

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