Product Code: ETC023279 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Cement Market could see a tapering of growth rates over 2025 to 2029. Starting high at -0.21% in 2025, the market steadily declines to -0.35% by 2029.
The Saudi Arabia cement market is expected to grow at a CAGR of 3.2% during the forecast period 2025-2031. The growth in the construction industry, government initiatives, and product innovation are some of the factors driving the market growth. Moreover, high investments in infrastructure development projects have created lucrative opportunities for companies operating in this sector. However, environmental issues associated with cement production are anticipated to challenge market growth over the forecast period.
The growing demand for residential and commercial buildings is aiding to drive demand for cement products across Saudi Arabia as these products are integral part of any construction process. Aside from existing constructions, new housing projects such as Riyadh Metro Project by Ministry of Transport (MoT) which aims at constructing an integrated public transport system will further propel demand for concrete and related materials thus boosting overall cement market revenue generation throughout country??s region. The government has been providing several incentives that benefit local manufacturers producing high quality building materials including cements and other additives thereby resulting into competitive edge to those players who comply with given standards & regulations set by authorities offering them cost benefits on procurement front that ultimately increases their revenues . Moreover it also encourages foreign investors within nation??s economy ensuring sustainable economic environment.
Cement manufacturing involves usage of highly energy intensive processes leading towards emission of large amount carbon dioxide gas into atmosphere causing air pollution along with other hazardous gases like nitrogen oxide etc due to burning fossil fuels which leads global warming concerns around world . This has led governments coming up stringent regulatory frameworks on emissions levels check & balance thus hampering smooth operations carried out by end users leading towards impeding production volumes consequently incurring higher expenses on compliance part.
Covid-19 is likely to significantly impact Saudi Arabia construction sector as well as its cement market due to supply chain disruptions, labor shortage etc., thus resulting in reduced sales volumes in 2025 compared to pre-crisis levels.
The major players operating in Saudi Arabia cement industry are Yamama Cement Co., Arabia Cement Co., Qassim Cement Co., Eastern Province Cement Co., Southern Province Cement Co (SPCC), Al Jouf Cement Company etc.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Cement Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Cement Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Cement Market - Industry Life Cycle |
3.4 Saudi Arabia Cement Market - Porter's Five Forces |
3.5 Saudi Arabia Cement Market Revenues & Volume Share, By Product , 2021 & 2031F |
3.6 Saudi Arabia Cement Market Revenues & Volume Share, By Application , 2021 & 2031F |
4 Saudi Arabia Cement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Cement Market Trends |
6 Saudi Arabia Cement Market, By Types |
6.1 Saudi Arabia Cement Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Cement Market Revenues & Volume, By Product , 2021-2031F |
6.1.3 Saudi Arabia Cement Market Revenues & Volume, By Portland, 2021-2031F |
6.1.4 Saudi Arabia Cement Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Cement Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Cement Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Saudi Arabia Cement Market Revenues & Volume, By Non-residential/Infrastructure, 2021-2031F |
7 Saudi Arabia Cement Market Import-Export Trade Statistics |
7.1 Saudi Arabia Cement Market Export to Major Countries |
7.2 Saudi Arabia Cement Market Imports from Major Countries |
8 Saudi Arabia Cement Market Key Performance Indicators |
9 Saudi Arabia Cement Market - Opportunity Assessment |
9.1 Saudi Arabia Cement Market Opportunity Assessment, By Product , 2021 & 2031F |
9.2 Saudi Arabia Cement Market Opportunity Assessment, By Application , 2021 & 2031F |
10 Saudi Arabia Cement Market - Competitive Landscape |
10.1 Saudi Arabia Cement Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Cement Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |