Saudi Arabia’s cement market will grow by 1.66 million tons | Evolving opportunities with Al Safwa Ltd. and Arabian Cement Co. SAE

Read the 120-page report with TOC on “Cement market at Saudi Arabia Analysis report by Application (Residential & Commercial) and Geography (Central, West, South & East) and Segment Forecast, 2021-2025 “. Get competitive insights from market leaders. Track key opportunities, trends and Industry threats Information on marketing, sales, branding, market strategy and development, and procurement functions.

Drivers and trends
The cement market in Saudi Arabia is driven by the launch of Saudi Vision 2030. This project aims to improve the country’s economic development while minimizing dependence on its petroleum resources. The National Transformation Program 2020 was announced to achieve these goals. The country’s government vision of reducing dependence on its petroleum resources is expected to drive the growth of the construction segment for both residential and non-residential construction projects. This is expected to be an important driver for the cement market in Saudi Arabia. The expected growth in infrastructure for healthcare, real estate and religious tourism through proposed non-citizen ownership, retail, and city and sector development is expected to continue to drive the cement market. in Saudi Arabia during the forecast period.

the construction of low-energy cement plants is a major trend in the cement market in Saudi Arabia. Cement sellers are looking for alternative methods to counter the expected increase in production costs driven by the proposed reduction in energy subsidies during the forecast period. Major players in the cement market in Saudi Arabia, like Yamama Cement and Saudi Cement, are investing in new infrastructure to increase production efficiency and reduce energy consumption. This trend should balance the expected increase in production costs over the long term.

For more information on the drivers and trends impacting the growth of the cement market in Saudi Arabia, View our free sample report now

Some of the key players in the cement market in Saudi Arabia:

  • Al Safwa Ltd.
  • Arabian Cement Co. SAE
  • Epcco Publishing Group Ltd.
  • Najran Cement Co.
  • Cement plant in the North region
  • Saudi cement company.
  • Southern Province Cement Co.
  • Umm Al Qura Ciment Co.
  • Yamama Saudi Cement Co.
  • Yanbu Cement Co.

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Cement market at Saudi Arabia Application Outlook (Revenue, USD Million Tons, 2020-2025)

  • Residential – size and forecast 2020-2025
  • Commercial – size and forecast 2020-2025

Cement market at Saudi Arabia Geographic Outlook (Revenue, USD Million Tons, 2020-2025)

  • Central – size and forecast 2020-2025
  • Western – size and forecast 2020-2025
  • South – size and forecast 2020-2025
  • East – size and forecast 2020-2025

Get a sample exclusive report to know the contribution of each segment of the cement market in Saudi Arabia

Associated reports:

  • Concrete Market by Type and Geography – Forecast and Analysis 2021-2025: Concrete market share is expected to increase by $ 67.09 billion from 2021 to 2025 at a CAGR of 2.92%. Download a free sample report
  • Cement Market by End User and Geography – Forecast and Analysis 2021-2025: The cement market size is expected to reach a value of 749.21 million tons at a CAGR of 3.34%, from 2020 to 2025. Download a free sample report

Cement market in Saudi Arabia

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a 6% CAGR

Market growth 2021-2025

1.66 million tonnes

Market structure

Concentrated

Annual growth (%)

5.60

Regional analysis

Saudi Arabia

Efficient contribution to the market

100% Saudi Arabia

Main consumer countries

Saudi Arabia

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Al Safwa Ltd., Arabian Cement Co. SAE, Epcco Publishing Group Ltd., Najran Cement Co., Northern Region Cement Co., Saudi Cement Co., Southern Province Cement Co., Umm Al Qura Cement Co., Yamama Saudi Cement Co ., and Yanbu Cement Co.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

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