Uploaded on Mar 1, 2024
According to the latest research report by IMARC Group, The GCC cement market size reached 90.1 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 137.2 Million Tons by 2032, exhibiting a growth rate (CAGR) of 4.9% during 2024-2032. More Info:- https://www.imarcgroup.com/gcc-cement-market
GCC Cement Market by Product Type, Distribution Channel, End User 2024-2032
GCC Cement Market
Research and Forecast
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved
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Accord ing to the la tes t repor t by IMARC Group, t i t led "GCC Cement Market :
Industry Trends, Share, S ize, Growth , Opportuni ty and Forecast 2024-
2032," the GCC cement marke t s ize reached 90.1 M i l l ion Tons in 2023.
Factors Affecting the Growth of the GCC Cement Industry:
Rapid Infrastructure Development:
The GCC count r ies have been focus ing on la rge-sca le in f ras t ruc tu re
Report pro jec ts as a par t o f the i r na t iona l deve lopment p lans . These p ro jec ts
inc lude the const ruc t ion o f a i rpor ts , seapor ts , h ighways , b r idges , and pub l i c
Highlight and t ranspor ta t ion sys tems, lead ing to a he igh tened demand fo r cement .
Fur thermore , the s t ra teg ic geograph ica l loca t ion o f the reg iona l coun t r ies ,
wh ich has fac i l i ta ted the g rowth o f t rade and t ranspor ta t ion networks ,
Description necess i ta t ing fu r ther in f ras t ruc tu re expans ion, is cont r ibu t ing to the market
growth. Bes ides th is , the reg ion 's c l imat ic cond i t ions p lay a cruc ia l ro le , as
they demand spec i f i c t ypes o f const ruc t ion and cement to ensure longev i ty
and durab i l i t y . Moreover , the g rowing demand fo r eco- f r iend ly p roducts ,
owing to the he ightened focus on sus ta inab i l i ty , i s d r i v ing the market
growth.
Heightened Government Investments:
G ove r nm en t i nves t m en t s i n t he G C C r eg ion a r e s ign i f i ca n t l y i n f l u enc ing t he m ar k e t
g r ow t h . The r e g iona l gove r nm e n t s have b een ac t i ve l y i nv o l ved i n p r om o t ing a nd
f i na nc ing co ns t r u c t i o n and i n f r as t r uc t u r e p r o j ec t s , p a r t i c u la r l y as pa r t o f t he i r
Report eco no m ic d i v e r s i f i c a t i o n s t r a t eg ies t o r educe dep ende ncy o n o i l r eve nues . Th ese i nves t m e n t s a r e cha nne le d i n t o va r i o us se c t o r s , i nc lud i ng hou s ing , t r ansp o r t a t i on ,
hea l t hca r e , an d t o u r i sm , a l l o f wh i ch r equ i r e sub s t an t i a l a m oun t s o f cem en t .
Highlight and Fur t he r m or e , t he i n t r oduc t i on o f va r i o us t r an s f o r m a t i v e e conom ic p r o g r am s t ha t
enc om pas s a w id e r ange o f deve lopm e n t p r o je c t s , d i r e c t l y i nc r e as ing t he dem a nd
f o r con s t r u c t i on m a t e r i a ls , i n c lud i ng cem en t , i s bo l s t e r i n g t h e m ar ke t g r ow t h .
Description Add i t i ona l l y , t h e im p lem en t a t i on o f va r i ous gove r nm en t i n i t i a t i ve s i n a f f o r d ab le
hous i ng an d pub l i c i n f r as t r uc t u r e p r o jec t s am p l i f i es ce m en t c onsu m pt io n and i s
s t r e ng t h en ing t he m ar k e t g r ow t h .
Ris ing Populat ion Growth and Urbanizat ion:
The r e g ion i s w i t ness in g a s ign i f i can t i n c r eas e i n i t s pop u la t io n due t o a g r ow ing
exp a t r i a t e w o r k f o r ce a l ongs id e n a t u r a l p opu la t i on g r ow t h . I t h as l ed t o a n i n c r ea sed
need f o r r es id en t i a l and co m m e r c ia l bu i l d i n gs , u r ban i n f r as t r uc t u r e , a nd pu b l i c
am e n i t i es , a l l o f wh i ch r e qu i r e subs t an t i a l am oun t s o f cem en t .
Fur thermore , the ongo ing deve lopmen t o f new c i t i es , expans ion o f ex i s t i ng
u rban a reas , and the cons t ruc t ion o f h igh - r ise bu i ld ings a re pos i t i ve ly
impac t ing the marke t g rowth . Add i t iona l l y , the r i s ing u rban popu la t ions ,
necess i ta t i ng the deve lopment o f suppor t i n f ras t ruc tu re such as schoo ls ,
hosp i ta ls , shopp ing cen te rs , and en te r ta inment fac i l i t i es , a re con t r ibu t ing to
the marke t g rowth . Moreover , t he sh i f t ing t rend towards sus ta inab le and smar t
Report c i t ies in the reg ion , fu r the r i n f l uenc ing the t ypes o f cement and cons t ruc t ion
mate r ia ls used , i s s t reng then ing the marke t g rowth .
Highlight and
Request for a PDF sample o f th is repor t :
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Description
Report Description
GCC Cement Market Trends:
The increasing emphasis on economic d ivers i f ica t ion to reduce dependency on o i l revenues, lead ing
to heavy investments in non-oi l sectors such as tour ism, re ta i l , and enter ta inment , is propel l ing the
market growth. Addi t iona l ly , technolog ica l advancements in cement product ion, which lead to more
ef f ic ient and env i ronmenta l ly f r iend ly product ion processes, are contr ibut ing to the market growth.
Fur thermore, the r is ing pr ivate sector investments and publ ic -pr ivate par tnersh ips (PPPs) , enabl ing
the development o f innovat ive and large-sca le pro jects that boost cement demand, is cata lyz ing the
market growth. Moreover , the s tra teg ic geographic locat ion of GCC countr ies, which pos i t ions them
wel l for cement exports to ne ighbor ing regions, is dr iv ing the market growth.
View Report TOC, F igures and Tables : ht tps: / /www.imarcgroup.com/gcc-cement-market
Breakup by Type:
• Blended
• Portland
• Others
Breakup by End Use:
• Residential
Report • Commercial
• Infrastructure
Segmentation
Breakup by Country:
• Saudi Arabia
• UAE
• Qatar
• Oman
• Kuwait
• Bahrain
• Al Safwa Cement Company
• Cemex UAE (CEMEX S.A.B. de C.V.)
• Emirates Steel Arkan
• Gulf Cement Company
Competitive • Kuwait Cement Company (K.S.C.)
Landscape • Lafarge Emirates Cement Company LLC
(Holcim Group)
with Key • Najran Cement Company
Players • Oman Cement Company (s.a.o.g)
• Qatar National Cement Company
• Saudi Cement Company
• Yanbu Cement Company
What was the size of the GCC cement market in
2023?
What is the expected growth rate of the GCC
cement market during 2024-2032?
Key What are the key factors driving the GCC cement
market?
Questions
What has been the impact of COVID-19 on the GCC
Answered in cement market?
the Report What is the breakup of the GCC cement market
based on the type?
What is the breakup of the GCC cement market
based on the end use?
What are the key regions in the GCC cement
market?
1 P r e f a c e
2 S c o p e a n d M e t h o d o l o g y
2 . 1 O b j e c t i v e s o f t h e S t u d y
2 . 2 S t a k e h o l d e r s
2 . 3 D a t a S o u r c e s
2 . 3 . 1 P r i m a r y S o u r c e s
2 . 3 . 2 S e c o n d a r y S o u r c e s
2 . 4 M a r k e t E s t i m a t i o n
2 . 4 . 1 B o t t o m - U p A p p r o a c h
Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y
3 E x e c u t i v e S u m m a r y
4 I n t r o d u c t i o n
4 . 1 O v e r v i e w
Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G C C C e m e n t M a r k e t
5 . 1 M a r k e t O v e r v i e w
5 . 2 M a r k e t P e r f o r m a n c e
5 . 3 I m p a c t o f C O V I D - 1 9
5 . 4 M a r k e t F o r e c a s t
6 M a r k e t B r e a k u p b y T y p e
6 . 1 B l e n d e d
6 . 1 . 1 M a r k e t T r e n d s
6 . 1 . 2 M a r k e t F o r e c a s t
6 . 2 P o r t l a n d
6 . 2 . 1 M a r k e t T r e n d s
6 . 2 . 2 M a r k e t F o r e c a s t
6 . 3 O t h e r s
6 . 3 . 1 M a r k e t T r e n d s
6 . 3 . 2 M a r k e t F o r e c a s t
7 M a r k e t B r e a k u p b y E n d U s e
7 . 1 Re s id e n t i a l
7 . 1 . 1 M a r ke t Tre n d s
7 . 1 . 2 M a r ke t Fo re c a s t
7 . 2 C o m m e rc i a l
7 . 2 . 1 M a r ke t Tre n d s
7 . 2 . 2 M a r ke t Fo re c a s t
7 . 3 I n f r a s t r u c t u re
7 . 3 . 1 M a r ke t Tre n d s
7 . 3 . 2 M a r ke t Fo re c a s t
8 Marke t B reak up by C ount ry
Table of 8 . 1 S a u d i A r a b i a 8 . 1 . 1 M a r ke t Tre n d s
8 . 1 . 2 M a r ke t B re a ku p b y Ty p e
8 . 1 . 3 M a r ke t B re a ku p b y E n d Us e
Contents 8 . 1 . 4 M a r ke t Fo re c a s t 8 . 2 UA E
8 . 2 . 1 M a r ke t Tre n d s
8 . 2 . 2 M a r ke t B re a ku p b y Ty p e
8 . 2 . 3 M a r ke t B re a ku p b y E n d Us e
8 . 2 . 4 M a r ke t Fo re c a s t
8 . 3 Qa t a r
8 . 3 . 1 M a r ke t Tre n d s
8 . 3 . 2 M a r ke t B re a ku p b y Ty p e
8 . 3 . 3 M a r ke t B re a ku p b y E n d Us e
8 . 3 . 4 M a r ke t Fo re c a s t
8 . 4 O m a n
8 . 4 . 1 M a r ke t Tre n d s
8 . 4 . 2 M a r ke t B re a ku p b y Ty p e
8 . 4 . 3 M a r ke t B re a ku p b y E n d Us e
8 . 4 . 4 M a r ke t Fo re c a s t
F o r m o r e i n f o r m a t i o n , v i s i t :
h t t p s : / / w w w. i m a rc g ro u p . c o m / g c c - c e m e n t - m a r ke t / t o c
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