Le Lézard
Classified in: Covid-19 virus
Subject: MRR

Saudi Arabia ready mix cement market: Historic Industry Size & Analysis of 15 Vendors and 7 Countries


NEW YORK, Dec. 6, 2022 /PRNewswire/ -- The Saudi Arabia ready mix cement market size is forecast to increase by USD 2.47 billion from 2022 to 2027, at a CAGR of 7.75%, according to the recent market study by Technavio. The growth of the market will be driven by the launch of Saudi Vision 2030, increased government investments in infrastructure, and the growth of the housing mortgage sector.

Technavio categorizes the Saudi Arabia ready mix cement market as a part of the global construction materials market within the global materials market. The parent global construction materials market covers products and companies engaged in the manufacturing of construction materials, including sand, clay, gypsum, lime, aggregates, cement, concrete, bricks, and other materials.

Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

Technavio has extensively analyzed 15 major vendors, including  AHQ Sons, Al Amam Factory For Concrete and Bricks, Al Fahd Co., Al Faisal For Ready-mix Concrete and Block, Al Falwa Concrete Ltd., Al Houssain and Al Afaliq Co., Al Kathiri Holding Co., Al Kifah Ready-mix and Blocks, Al Sharq Ready Mix Concrete Co., Alansari Holding Co., Bina Ready Mix Concrete Products, Eastern Trading, and Const. Est., Green Concrete Co., Mastour ReadyMix, Premco Ready Mix.

Key Benefits for Industry Players & Stakeholders ?

Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio

Download the sample  to get a holistic overview of the Saudi Arabia ready mix cement market by industry experts to evaluate and develop growth strategies.

The market is segmented by product (transit-mixed and shrink-mixed) and application (non-residential and residential).

Segmentation by product (Inclusion/Exclusion)

The transit mixed segment grew gradually by USD 2.84 billion between 2017 and 2021. The transit mixed concrete segment garners the largest share in terms of revenue in the ready-mix cement market in Saudi Arabia and is expected to hold its dominance in the product segment even during the forecast period. This type of concrete is produced under controlled conditions, thereby contributing to reducing dust pollution. Such benefits drive the adoption of transit mixed concrete among builders and contractors in Saudi Arabia. 

To get detailed insights about inclusions and exclusions, buy now.

Related Reports ?

India Ready-Mix Concrete Market by Product and Application ? Forecast and Analysis 2022-2026: The ready-mix concrete market size in India is forecasted to grow by USD 1.47 billion from 2021 to 2026. The ready-mix concrete market has been broadly categorized into the following demographic segmentations product (transit mixed concrete and shrink mixed concrete) and application (non-residential and residential).

White Cement Market by Application and Geography ? Forecast and Analysis 2022-2026: The white cement market size is forecasted to grow by USD 1.43 billion from 2021 to 2026. This report extensively covers white cement market segmentation by application (residential, commercial, and infrastructure) and geography (APAC, North America, Middle East and Africa, Europe, South America, US, China, India, Saudi Arabia, and Spain). 

What are the key data covered in Saudi Arabia ready mix cement market?

Ready Mix Cement Market In Saudi Arabia Scope

Report Coverage

Details

Page number

134

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 7.75%

Market growth 2023-2027

USD 2.47 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.23

Regional analysis

Saudi Arabia

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

AHQ Sons, Al Amam Factory For Concrete and Bricks, Al Fahd Co., Al Faisal For Ready mix Concrete and Block, Al Falwa Concrete Ltd., Al Houssain and Al Afaliq Co., Al Kathiri Holding Co., Al Kifah Ready-mix and Blocks, Al Sharq Ready Mix Concrete Co., Alansari Holding Co., Bina Ready Mix Concrete Products, Eastern Trading and Const. Est., Green Concrete Co.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by Application

8 Market Segmentation by Type

9 Customer Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio


These press releases may also interest you

at 03:00
Allied Market Research published a report, titled, "Walkers and Rollators Market by Type (3-wheeler rollator and walker, 4-wheeler rollator and...

at 02:42
Global respondents have strong confidence in Chinese economic recovery, according to recent surveys by CGTN Think Tank. One survey shows that 86.8 percent of global respondents recognize China's efforts to coordinate COVID-19 prevention and control...

at 02:24
Fourth quarter Sales of SEK 855 (514) million, corresponding to an increase of 66% in SEK, whereof organic growth 11%, acquired growth 37% and currency effect 18%. Sales pro forma increased 9% in local currencies (adjusted for business related to...

at 02:20
Biophytis SA (the "Company" or "Biophytis"), a clinical-stage biotechnology company focused on the development...

at 02:05
  London, February 2, 2023                                                                                                                          "Our results in Q4 and across the full year demonstrate the strength of Shell's differentiated...

at 02:05
London, February 2, 2023 ? The Board of Shell plc (the "Company") today announced an interim dividend in respect of the fourth quarter of 2022 of US$ 0.2875 per ordinary share. Details relating to the fourth quarter 2022 interim dividend Per...



News published on 6 december 2022 at 20:00 and distributed by: