Middle East & Africa Timber Construction Connectors Market Size & Outlook
Middle East & Africa timber construction connectors market, 2017-2028 (US$M)
Related Markets
MEA timber construction connectors market highlights
- The MEA timber construction connectors market generated a revenue of USD 46.5 million in 2020.
- The market is expected to grow at a CAGR of 5.3% from 2021 to 2028.
- In terms of segment, timber to timber was the largest revenue generating product in 2020.
- Timber to Timber is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2020 | USD 46.5 million |
| Market revenue in 2028 | USD 70.2 million |
| Growth rate | 5.3% (CAGR from 2020 to 2028) |
| Largest segment | Timber to timber |
| Fastest growing segment | Timber to Timber |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Timber to Timber, Timber to Masonry, Timber to Steel |
| Key market players worldwide | ITW Dynatec, Simpson Manufacturing Co Inc, Mitek Systems Inc, Eurotech Ltd, Globus Medical Inc Class A, Pryda Australia, TimberPlates, KNAPP AG, MTC Solutions, Taurus Group |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.2% of the global timber construction connectors market in 2020.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2028.
- North America is the fastest growing regional market and is projected to reach USD 583.7 million by 2028.
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Timber Construction Connectors Market Scope
Timber Construction Connectors Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa timber construction connectors market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to timber construction connectors market will help companies and investors design strategic landscapes.
Timber to timber was the largest segment with a revenue share of 86.67% in 2020. Horizon Databook has segmented the Middle East & Africa timber construction connectors market based on timber to timber, timber to masonry, timber to steel covering the revenue growth of each sub-segment from 2017 to 2028.
Construction industry in the Middle East & Africa is expected to face few challenges due to the uncertainty regarding government spending on infrastructure projects. The UAE initiated a program called Estidama, which regulates the design, construction, and operation of buildings through several approvals for energy saving.
This program uses an assessment scale to measure the sustainability performance of building structures. This is anticipated to increase the demand for wood products in construction projects. In the UAE, the emphasis on the use of green buildings and environmentally sustainable product, service, and building practices is expected to propel market growth. Several regulations include the pearl rating system by Estidama (developed by the Abu Dhabi Urban Planning Council), Dubai green building code, EHS green building regulations, and green building practices set up by the Emirates green building council.
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Our clientele includes a mix of timber construction connectors market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa timber construction connectors market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa timber construction connectors market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Timber Construction Connectors Market Share, 2020 & 2028 (US$M)
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