| Study Period | 2019 - 2030 |
| 2024 Market Size | USD 31.2 Million |
| 2025 Market Size | USD 33.8 Million |
| 2030 Forecast | USD 52.7 Million |
| Growth Rate (CAGR) | 9.1% |
| Largest Province | Al-Riyadh |
| Largest Product Category | Ventilated |
| Nature of the Market | Fragmented |
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The Saudi Arabian façade gasket market will generate USD 31.2 million revenue in 2024, and it is projected to witness a CAGR of 9.1% during 2024–2030, reaching USD 52.7 million by 2030. This can be ascribed to the construction growth, rapid urbanization, extreme weather conditions, energy efficiency regulations, technological advancements and government initiatives for construction and sustainability in the kingdom.
Meeting Evolving Construction Standards and Regulations Are Challenges
Ventilated is the largest category, with a market share of 70% in 2024, and the fastest-growing category too. This is because a ventilated façade system is strong and multi-layered, with ventilated air gaps among the layers. The layers comprise external wall cladding and back insulation and combining layers leaves an air gap. Due to the air gap feature, this façade system provides benefits with respect to external sound reflection, aesthetic durability, and energy savings.
This is due to the voids, which act as chimneys lowering heat absorption within the building in summer, preventing heat from escaping in winters, and permitting the air to flow continually in the voids. Further, solar radiation is moderately reflected by insulation, voids, and wall cladding, which decreases cooling loads and, simultaneously, increases energy savings. The air gaps also assist in the elimination of surface condensation and the removal of moisture from inside, which facilitates the comfort and wellbeing of the occupants.
These products are included in this report:
Curtain walls are the largest category, with a market share of 40% in 2024, and it is also the faster-growing category, with an expected CAGR of 9.6% during this decade. This dominance is due to the extensive utilization of curtain walls in modern construction projects and the growing demand for high-performance sealing solutions to support energy-efficient and aesthetically pleasing building designs.
Curtain walls offer versatility in design and permit the integration of different materials and architectural features that need the effective sealing solutions offered by façade gaskets. Moreover, a lot of advancements are being brought about in the curtain wall technology to increase energy efficiency and withstand extreme environment conditions.
This segment has five categories:
The residential holds the significant share, in 2024, and it is expected to maintain its position during the forecast period. This supremacy is due to the government initiatives, rapid growth of the population, need for affordable housing, rapid urbanization, and focus on architectural diversity.
The commercial category will have the highest CAGR, of 9.5%, from 2024 to 2030. This growth is ascribed to the government’s heavy investment in infrastructure projects, economic growth, energy efficiency regulations, and prevailing architectural trends.
Saudi Vision 2030 was launched by the government of Saudi Arabia in 2016 to decrease its economic dependence on the oil & gas sector. There are several residential and commercial projects under Saudi Vision 2030, which contributes to the growth in the number of buildings and, consequently, fuels the Saudi Arabian façade gasket market advance.
This segment is divided into three categories:
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Al-Riyadh is the largest province, with a market share of 35% in 2024. This is because Riyadh has several projects under construction as part of Saudi Vision 2030. It is also the capital of Saudi Arabia, considered the economic capital of the country, and has a significant chunk of the Saudi population. Many multinational companies’ headquarters are also present in this province, which propels the demand for sleek building exteriors.
These provinces were analyzed in this report:
The Saudi Arabian façade gasket market is fragmented in nature as it has global players as well as local ones. The global players enjoy significant brand recognition, with a diverse range of products, while local suppliers provide specialized solutions. They both utilize online platforms and direct sales to supply their products.
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