Saudi Arabia Cement market is expected to grow at a significant CAGR during the forecast period. Launch of government initiatives such as Saudi Vision 2030 which aims to promote the infrastructural activities in the country. This project is expected to propel the growth of real estate, tourism, healthcare industry, among others. The oil industry is the major revenue-generating source in Saudi Arabia and the government’s aim is to reduce the dependence on the oil industry and create other revenue-generating sources in order to boost the economy. The growing population in the country requires the construction of more houses which is influencing the growth of the cement market. The rise in the per capita come is boosting the affordability of an individual which in turn is fueling the construction industry thereby the cement market. To cater to the increasing needs of the population, the rise in the construction of institutional buildings to develop the healthcare and education sector is expected to fuel the demand of the cement market. The government is introducing initiatives for the development of the healthcare sector which is boosting the construction of more hospital chains and diagnostic centers in Saudi Arabia. The rapid urbanization of people in search of better job opportunities and quality living standards is contributing to accelerate the cement market growth.

Saudi Arabia Cement market is segmented into type, application, regional distribution, and company. Based on type, the market can be divided into Portland, blended, and others. The blended cement type segment is expected to account for major market share in the forecast period, 2023-2027. Blended cement is smoother and contains strength more than compared to its counterpart. Blended cement reduces the risk of thermal stress and the problems relating to the alkali-silica reaction.

The major players operating in the Saudi Arabia Cement market are Arabian Cement Company, Saudi Cement, Yanbu Cement Company, Yamama Saudi Cement Company, Southern Province Cement Company, Najran Cement Company, Kiran Saudi Arabia Chems, Alkifah Building Materials Company, Qassim Cement Company, Saudi White Cement Co and Riyadh Cement Co, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study:

  • To analyze the historical growth of the market size of Saudi Arabia Cement market from 2017 to 2020.
  • To estimate and forecast the market size of Saudi Arabia Cement market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast Saudi Arabia Cement market based on type, application, regional distribution, and company.
  • To identify dominant region or segment in the Saudi Arabia Cement market.
  • To identify drivers and challenges for Saudi Arabia Cement market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia Cement market.
  • To identify and analyze the profile of leading players operating in Saudi Arabia Cement market.
  • To identify key sustainable strategies adopted by market players in Saudi Arabia Cement market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of Saudi Arabia Cement market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Cement manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to Cement market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Type

·         Application

Regional scope

Western Region, Northern and Central Region, Eastern Region, Southern Region

Key companies profiled

Arabian Cement Company, Saudi Cement, Yanbu Cement Company, Yamama Saudi Cement Company, Southern Province Cement Company, Najran Cement Company, Kiran Saudi Arabia Chems, Alkifah Building Materials Company, Qassim Cement Company, Saudi White Cement Co and Riyadh Cement Co.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Saudi Arabia Cement market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Saudi Arabia Cement Market, By Type:

    • Portland
    • Blended
    • Others
  • Saudi Arabia Cement Market, By Application:
    • Residential
    • Commercial
    • Infrastructure
    • Industrial
    • Institutional
  • Saudi Arabia Cement Market, By Region:

o   Western Region

o   Northern & Central Region

o   Eastern Region

o   Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Cement market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Saudi Arabia Cement market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Saudi Arabia Cement Market

4.    Executive Summary

5.    Saudi Arabia Cement Market Outlook

5.1.  Market Size & Forecast

5.1.1. By Value & Volume

5.2.  Market Share & Forecast

5.2.1. By Type (Portland, Blended, Others)

5.2.2. By Application (Residential, Commercial, Infrastructure, Industrial and Institutional)

5.2.3. By Region

5.2.4. By Company (2021)

5.3.  Product Market Map

6.    Saudi Arabia Portland Cement Market Outlook

6.1.  Market Size & Forecast          

6.1.1. By Value & Volume

6.2.  Market Share & Forecast

6.2.1. By Application

6.2.2. By Region

7.    Saudi Arabia Blended Cement Market Outlook

7.1.  Market Size & Forecast          

7.1.1. By Value & Volume

7.2.  Market Share & Forecast

7.2.1. By Application

7.2.2. By Region

8.    Market Dynamics

8.1.  Drivers

8.2.  Challenges

9.    Market Trends & Developments

10.  Policy & Regulatory Landscape

11.  Saudi Arabia Economic Profile

12.  Competitive Landscape

12.1.              Company Profiles

12.1.1.   Arabian Cement Company

12.1.2.   Saudi Cement

12.1.3.   Yanbu Cement Company

12.1.4.   Yamama Saudi Cement Company

12.1.5.   Southern Province Cement Company

12.1.6.   Najran Cement Company

12.1.7.   Kiran Saudi Arabia Chems

12.1.8.   Alkifah Building Materials Company

12.1.9.   Qassim Cement Company

12.1.10. Saudi White Cement Co and Riyadh Cement Co

 13. Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]