Saudi Arabia Drywall Panels Market Forecast to 2028 - COVID-19 Impact and Country Analysis By Type (Regular, Moisture-Resistant, Plaster Baseboard, Paperless, Type X, and Others); and Application (Residential, and Non-Residential )
Market Introduction Get more information on this report :
Saudi Arabia is witnessing high demand for drywall panels due to the steady growth of the construction activities in the region. Construction is the second largest non-oil industry in Saudi Arabia and contributes significantly to the growth of the country’s GDP. Saudi Arabia’s vision 2030 program, that which was designed to fuel the growth of the non-oil industries by 2030, has placed construction as one of the most important sectors. In order to accomplish the vision, Saudi Arabiathe country has also formed an action plan, the National Transformation Project (NTP), which focuses on improving the three pillars of the country such as economic enablers, standard of living, and operational excellence of the government. These initiatives by the government will would significantly propel the demand for drywall panels in Saudi Arabia in coming years. 
Market Overview and Dynamics
The workbench/workstationdrywall panels market in US Saudi Arabia is expected to grow from US$ 207.709.46 million in 2020 and is projected to reach US$ 304.43 million by 2028; it is expected to grow at a CAGR of 5.0% from 2021 to 2028. Drywall panels, also known as plasterboard or wallboard, are panels made of gypsum (calcium sulfate dehydrate) and is used in the construction industry. They are sometimes manufactured with additives in order to enhance their properties and add features such as fire resistance, water resistance, and mold resistance. Growth of theThe increasing construction activities in Saudi Arabia has significantly contributed towardsdrives the growth of the drywall panels market in Saudi Arabia. Furthermore, Saudi has witnessed significant increase in the value of contracts awarded, from USUS$11.4 billion in 2016 to USUS$ 14.6 billion in 2018. The increased focus on the construction sector has garnered the interest of several international hoteliers. This has lead to the construction of a significant amount of rooms with the hospitality sector focusing on the significant potential of the industry in Saudi Arabia. The construction sector in Saudi Arabia is set to grow significantly after experiencing a setback during the pandemic, with a pipeline of over 200 projects that includes ~approximately 700,000 rooms, which is the highest in the Middle East. These factors are set to significantly aid the growth of the Saudi Arabia drywall panels market.
Key Market Segments
In terms of type, the regular segment in 2020, accounted for the largest share of the Saudi Arabia drywall panels market in 2020. In 2020, by application, the residential segment held the a largerst market share.
Major Sources and Companies Listed
A few major primary and secondary sources referred to while preparing the report on the Saudi Arabia drywall panels market are company websites, annual reports, financial reports, national government documents, and statistical databases such as SBC, Comtrade, USGS, Saudi Contractors’ Authority (SCA), GASTAT, and other similar data related to the market. Major companies listed in the report are IKK Group of Companies, Mada Gypsum, EL-Khayyat Gypsum Factor, United Mining Industries, Knauf Gips KG, National Gypsum Company, Sinar, Al Watani Gypsum Co. Ltd., USG Corporation, and Saint Gobain S.A.
Reasons to Buy Report
- Understand the Saudi Arabia drywall panels market landscape and identify segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive market landscape in Saudi Arabia
- Efficiently plan mergers and acquisitions, and partnership deals in the Saudi Arabia drywall panels
- Take knowledgeable business decisions from perceptive and comprehensive analysis of performance of various market segments
- Obtain market revenue forecast for market by various segments for the period 2019–2027
Saudi Arabia Drywall Panels Market, by Type
- Regular
- Moisture Resistant
- Plaster Baseboard
- Paperless
- Type X
- Others
Saudi Arabia Drywall Panels Market, by Application
- Residential
- Non-
Company Profiles
- IKK Group of Companies
- Mada Gypsum
- EL-Khayyat Gypsum Factor
- United Mining Industries
- Knauf Gips KG
- National Gypsum Company
- Sinar
- Al Watani Gypsum Co. Ltd.
- USG Corporation
- Saint Gobain S.A.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
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. Drywall Panels Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Saudi Arabia
4.3 Expert Opinion
4.4 Export Analysis 2018
4.5 Pricing Analysis of Gypsum Boards, 2019
4.6 Route to Market
4.7 Construction Material Standards
5. Drywall Panels Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Construction Industry in Saudi Arabia
5.1.2 Increasing Gypsum Production in Saudi Arabia
5.2 Market Restraints
5.2.1 Rising Concerns Related to Harmful Effects of Drywall Panels
5.3 Market Opportunities
5.3.1 Increasing Infrastructure Development Activities in MEA
5.4 Future Trends
5.4.1 Rising Demand for DIY Drywall Panels
5.5 Impact Analysis of Drivers and Restraints
6. Drywall Panels – Saudi Arabia Market Analysis
6.1 Drywall Panels Market Overview
6.2 Drywall Panels Market Forecast and Analysis, 2020 to 2028
6.3 Market Positioning of Key Players
7. Drywall Panels Market Analysis – By Type
7.1 Overview
7.2 Drywall Panels Market, By Type (2020 and 2028)
7.3 Regular
7.3.1 Overview
7.3.1.1 Regular: Drywall Panels Market –Forecast and Analysis to 2028 (US$ Million)
7.4 Moisture-Resistant
7.4.1 Overview
7.4.1.1 Moisture-Resistant: Drywall Panels Market – Forecast and Analysis to 2028 (US$ Million)
7.5 Plaster Baseboard
7.5.1 Overview
7.5.1.1 Plaster Baseboard: Drywall Panels Market – Forecast and Analysis to 2028 (US$ Million)
7.6 Paperless
7.6.1 Overview
7.6.1.1 Paperless: Drywall Panels Market – Forecast and Analysis to 2028 (US$ Million)
7.7 Type X
7.7.1 Overview
7.7.1.1 Type X: Drywall Panels Market – Forecast and Analysis to 2028 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.1.1 Others: Drywall Panels Market – Forecast and Analysis to 2028 (US$ Million)
8. Drywall Panels Market Analysis – By Application
8.1 Overview
8.2 Drywall Panels Market, By Application (2019 and 2028)
8.3 Residential
8.3.1 Overview
8.3.1.1 Residential: Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Non-Residential
8.4.1 Overview
8.4.1.1 Non-Residential: Drywall Panels Market –Forecast and Analysis to 2028 (US$ Million)
9. Overview- Impact of COVID-19
9.1 Saudi Arabia : Impact Assessment of COVID-19 Pandemic
10. Industry Landscape
10.1 Overview
10.2 Strategy & Business Planning
10.3 Merger and Acquisition
10.4 Product News
11. Key Company Profiles
11.1 IKK Group of Companies
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Service
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 Mada Gypsum
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Manufacturing Build-Up Capacity
11.2.4 Products and Services
11.2.5 Financial Overview
11.2.6 SWOT Analysis
11.2.7 Key Developments
11.3 EL-Khayyat Gypsum Factory
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 United Mining Industries
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Manufacturing Build-Up Capacity
11.4.4 Products and Services
11.4.5 Financial Overview
11.4.6 SWOT Analysis
11.5 Knauf Gips KG
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 National Gypsum Company
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.7 Sinar
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.8 Al Watani Gypsum Co. Ltd.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.9 USG Corporation
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Saint Gobain S.A.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. Saudi Arabia Drywall Panels Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Saudi Arabia Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)
Table 3. Saudi Arabia Drywall Panels Market by Type –Revenue and Forecast to 2028 (US$ Million)
Table 4. Saudi Arabia Drywall Panels Market by Type – Volume and Forecast to 2028 (Million Square Meter)
Table 5. Saudi Arabia Drywall Panels Market by Application –Revenue and Forecast to 2028 (US$ Million)
Table 6. Saudi Arabia Drywall Panels Market by Application – Volume and Forecast to 2028 (Million Square Meter)
Table 7. Glossary of Terms, Saudi Arabia Drywall Panels Market
LIST OF FIGURES
Figure 1. Saudi Arabia Drywall Panels Market Segmentation
Figure 2. Saudi Arabia Drywall Panels Market Overview
Figure 3. Regular Segment Held Largest Share of Saudi Arabia Drywall Panels Market
Figure 4. Residential Segment Held Largest Share of Saudi Arabia Drywall Panels Market
Figure 5. Saudi Arabia Drywall Panels Market, Industry Landscape
Figure 6. Saudi Arabia: PEST Analysis
Figure 7. Drywall Panels Market Impact Analysis of Driver and Restraints
Figure 8. Country Overview of Drywall Panels Market
Figure 9. Saudi Arabia Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. Saudi Arabia Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)
Figure 11. Market Positioning of Key Players In Saudi Arabia Drywall Panels Market
Figure 12. Drywall Panels Market Revenue Share, by Type (2020 and 2028)
Figure 13. Regular: Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Regular: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meters)
Figure 15. Moisture- Resistant: Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Moisture- Resistant: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meters)
Figure 17. Plaster Baseboard: Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Plaster Baseboard: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meters)
Figure 19. Paperless: Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Paperless: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meters)
Figure 21. Type X: Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Type X: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meters)
Figure 23. Others: Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Others: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meters)
Figure 25. Drywall Panels Market Revenue Share, by Application (2020 and 2028)
Figure 26. Residential: Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Residential: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meters)
Figure 28. Non-Residential: Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Non-Residential: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meters)
Figure 30. Impact of COVID-19 Pandemic in Saudi Arabia Market
The List of Companies - Saudi Arabia Drywall Panels Market
- IKK Group of Companies
- Mada Gypsum
- EL-Khayyat Gypsum Factory
- United Mining Industries
- Knauf Gips KG
- National Gypsum Company
- Sinar
- Al Watani Gypsum Co. Ltd.
- USG Corporation
- Saint Gobain S.A.
- Highlights key business priorities to assist companies realign their business strategies.
- Features key findings and crucial progressive industry trends in the Saudi Arabia Drywall Panels market, thereby allowing players to develop effective long-term strategies.
- Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
- Scrutinizes in-depth market trends as well as key market drivers and restraints.
- Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.