The Saudi Arabia fiber cement market size reached USD 163.26 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 263.41 Million by 2033, exhibiting a growth rate (CAGR) of 4.90% during 2025-2033. The market is expanding due to rising construction activity, increased demand for durable, moisture-resistant materials, and sustainability goals. Strong infrastructure investments have contributed to Saudi Arabia fiber cement market share, especially in residential and commercial facade applications.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 163.26 Million |
Market Forecast in 2033 | USD 263.41 Million |
Market Growth Rate 2025-2033 | 4.90% |
Growing Demand for Durable Materials
Rising construction across Saudi Arabia, driven by Vision 2030 and mega projects like NEOM and Qiddiya, has accelerated the demand for high-performance materials. Fiber cement stands out for its resistance to fire, moisture, and pests, making it ideal for the Kingdom’s varied climate zones. Builders are increasingly turning to it for façades, ceiling panels, and partition walls due to its strength and minimal maintenance requirements. One recent example includes Mada Gypsum Company’s May 2025 rollout of ASTM C-1186 compliant fiber cement boards tailored for both interior and exterior use, further improving market accessibility and builder adoption. This shift in preferences has helped boost Saudi Arabia's fiber cement market share, as contractors look for long-lasting alternatives to conventional materials. The trend also reflects broader changes in building code requirements and growing interest in sustainable and fire-rated solutions for commercial and residential applications. As urban expansion continues and local production capacity increases, the market is expected to show consistent demand for fiber cement panels and boards throughout the decade.
Focus on Sustainability and Innovation
Environmental sustainability has become a key factor influencing material choices in Saudi construction. Fiber cement, with its relatively low environmental footprint compared to alternatives like PVC and aluminum, aligns well with the country's green building initiatives. The market has seen a rise in eco-conscious development, with companies introducing low-carbon and recyclable solutions. In January 2025, ClimateCrete, as part of the NovusCrete Consortium, introduced seawater-based sustainable concrete using GFRP rebars—an innovation supporting the reduced use of cement in favor of fiber-reinforced materials. This effort complements broader efforts to curb CO₂ emissions in the building sector and signals stronger public and private collaboration toward sustainability. Such developments are key contributors to Saudi Arabia fiber cement market growth, as they align with increasing pressure to meet green construction benchmarks and reduce reliance on carbon-intensive inputs. Additionally, government incentives and regulatory frameworks encouraging the use of sustainable building products are likely to enhance fiber cement adoption further, helping it emerge as a preferred material for long-term, environmentally responsible infrastructure.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional level for 2025-2033. Our report has categorized the market based on raw material, construction type, and end use.
Raw Material Insights:
The report has provided a detailed breakup and analysis of the market based on the raw material. This includes Portland cement, silica, cellulosic fiber, and others.
Construction Type Insights:
The report has provided a detailed breakup and analysis of the market based on the construction type. This includes siding, roofing, molding and trim, and others.
End Use Insights:
A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes residential and non-residential.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central region, Western region, Eastern region, and Southern region.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Raw Materials Covered | Portland Cement, Silica, Cellulosic Fiber, Others |
Construction Types Covered | Siding, Roofing, Molding and Trim, Others |
End Uses Covered | Residential, Non-Residential |
Regions Covered | Northern and Central Region, Western Region, Eastern Region, Southern Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: