Saudi Construction Boom Fuels Massive $562 Million GRC Cladding Market Growth Through 2030 Vision Mega-Projects
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Saudi Arabia's construction boom, fueled by Vision 2030 projects, is driving massive demand for GRC cladding, with the market projected to reach $562.2 million by 2032.
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Premix GRC cladding dominates with 46.2% market share due to advantages like lightweight properties, design flexibility, durability, and architectural heritage preservation.
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Natural white is the most popular GRC color with 31.3% share, allowing blend of traditional and modern aesthetics in new buildings.
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Top mega-projects like NEOM, The Line, Qiddiya, Red Sea Project, and Riyadh Metro shaping cladding demand through immense scale and luxury or futuristic designs.
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Supply chain volatility and an influx of GRC suppliers leading to increased competition present key challenges amidst exponential market growth.