Market revenue in 2023 | USD 101.7 million |
Market revenue in 2030 | USD 161.0 million |
Growth rate | 6.8% (CAGR from 2023 to 2030) |
Largest segment | Epoxy |
Fastest growing segment | Epoxy |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Epoxy, Polymethyl Methacrylate, Polyurethane |
Key market players worldwide | RPM International Inc, Tri Polarcon, ArmorPoxy, Sika AG, Resdev, RCR Industrial Flooring, Jemkon, Flowcrete Group |
Epoxy was the largest segment with a revenue share of 40.61% in 2023. Horizon Databook has segmented the Saudi Arabia resinous flooring market based on epoxy, polymethyl methacrylate, polyurethane covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is expected to account for a significant share of resinous flooring market in the Middle East & Africa during the forecast period owing to continued investments by the government of the country in infrastructure development projects.
Moreover, the construction industry in Saudi Arabia is growing driven by the rising per capita income of the working population, improving energy efficiency of buildings, ongoing tourism development, and increasing investments in megacity projects in the country.
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