The GCC facades market was valued at $7,565.0 million in 2015 and is expected to grow at a CAGR of over 5.3% over the next eight years.
The rise in construction related activities, which is an economic barometer for the GCC is estimated to fuel demand. The region is characterized by increasing population, which is putting greater emphasis on infrastructure development.
The forecast period will witness the rise in the number of construction, refurbishment and renovation projects across the GCC with tourism and important events such as World Athletics Championships 2019 and World Cup 2022 lined-up.
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