Report

Saudi Arabia Concrete Market Report and Forec

151 pages Jan 2025
Saudi Arabia Concrete Market R

Saudi Arabia Concrete Market Report and Forecast 2032

Saudi Arabia Concrete Market Share, Size, Analysis and Report - By Type (Ready-Mix Concrete, Pre-Cast Products, Pre-Cast Elements), By Application (Reinforced Concrete, Non-Reinfor...ced Concrete), By End User Industry (Roads and Highways, Tunnels, Residential Buildings, Dams and Power Plants, Mining, Others), and Others Read more

  • Building, Manufacturing & Construction
  • Pages : 151
  • Jan 2025
  • Report Format :  

    Forbes Logo Forbes Logo Forbes Logo

Saudi Arabia Concrete Market Insights & Analysis

The Saudi Arabia Concrete Market is anticipated to register a CAGR of around 6.10% during the forecast period, i.e., 2025-32. Along with this, the market is valued at USD 78.87 billion by 2032. Water, cement, stones, gravel, and sand are mixed to make concrete, a common building material. The dried substance, called aggregate, is mixed with fluid cement and, after curing, becomes a hard slab. Concrete is a valuable building material for several varied types of projects owing to its durability. One of the key trends in the Saudi Arabia Concrete Market is predicted to be the manufacture of concrete becoming easier & more economical. Production expenses are considerably influenced by power consumption. Therefore, Saudi Arabian cement mills are seeking solutions to decrease electricity usage & the associated costs of concrete.

Moreover, owing to the nation's ambitious infrastructure projects & urban development plans under Vision 2030, the Saudi Arabia Concrete Market is growing considerably. By expanding the economy away from reliance on oil, this strategic plan tends to boost building projects throughout the Kingdom. Further, as part of its long-term plans for national development, the Saudi Arabian government is making substantial investments in both residential & non-residential building projects. It is foreseen that the upsurge in building projects would raise demand for concrete, augmenting industry expansion. As it saves time & effort when combining aggregates and is delivered straight from the factory, ready-mix concrete is quite prevalent in the Saudi Arabia Concrete Industry.

Saudi Arabia Concrete Market FY32

Description of Image
  • Study Period: 2020- 2032

  • Base Year: 2024

  • CAGR(2025-2032): 6.10%

  • Market Value 2032: USD 78.87 Billion

  • Major Players: Abdel Hadi Abdullah Al Qahtani & Sons Group of Companies, Al Amam Factory for Concrete and Bricks, Al Fahd Company, Al Falwa Concrete Limited, Al Houssain & Al Afaliq Company HACO, Alian Industry Company, and Others 
 

Additionally, it is presumed that additional product progression & supply improvements will motivate the nation's concrete market. Furthermore, Kingdom of Saudi Arabia Concrete Market is envisioned to propagate in the future owing to constant expenditures in urbanization & infrastructure, which supports the nation’s long-term objectives for economic diversification.

Saudi Arabia Concrete Market Dynamics

  • Infrastructure Growth & Increasing Construction Investment to Drive Saudi Arabia Concrete Market

Increasing building expenditure & infrastructure expansion are key factors driving the Saudi Arabia Concrete Market. Infrastructure projects have risen at an unprecedented rate as a result of major government-led efforts under Vision 2030, such as NEOM City, Qiddiya, and the Red Sea Project. Among these are the construction of highways, bridges, railroads, airports, and smart cities, all of which need substantial amounts of high-quality concrete. The industry is also being supported by private sector investments in industrial, commercial, and residential building projects.

Moreover, demand is also being pushed by the government's initiatives for urban growth & affordable housing. Also, Saudi Arabia is placed as a key development market for the concrete industry in the area owing to its extensive infrastructure projects & increasing building investments.

  1. Introduction
    1. Objective of the study
    2. Product Definition
    3. Market Segmentation
    4. Study Variables
  2. Research Methodology
    1. Secondary Data Points
      1. Companies Interviewed
    2. Primary Data Points
      1. Break Down of Primary Interviews
  3. Executive Summary
  4. Market Dynamics
    1. Drivers
    2. Challenges
    3. Opportunity Assessment
  5. Recent Trends and Developments
  6. Policy and Regulatory Landscape
  7. Saudi Arabia Concrete Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. Market Share, By Type
      1. Ready-Mix Concrete
      2. Pre-Cast Products
      3. Pre-Cast Elements
    3. Market Share, By Application
      1. Reinforced Concrete
      2. Non-Reinforced Concrete
    4. Market Share, By End User Industry
      1. Roads and Highways
      2. Tunnels
      3. Residential Buildings
      4. Dams and Power Plants
      5. Mining
      6. Others
    5. Market Share, By Competitors
      1. Competition Characteristics
      2. Revenue Shares
  8. Saudi Arabia Ready-Mix Concrete Concrete Market Overview, 2020-2032F
    1. By Value (USD Million)
    2. By Application- Market Size & Forecast 2019-2030, USD Million
  9. Saudi Arabia Pre-Cast Products Concrete Market Overview, 2020-2032F
    1. By Value (USD Million)
    2. By Application- Market Size & Forecast 2019-2030, USD Million
  10. Saudi Arabia Pre-Cast Elements Concrete Market Overview, 2020-2032F
    1. By Value (USD Million)
    2. By Application- Market Size & Forecast 2019-2030, USD Million
  11. Competitive Outlook (Company Profile - Partila List)
    1. Abdel Hadi Abdullah Al Qahtani & Sons Group of Companies
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    2. Al Amam Factory for Concrete and Bricks 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    3. Al Fahd Company 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    4. Al Falwa Concrete Limited 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    5. Al Houssain & Al Afaliq Company HACO 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    6. Alian Industry Company 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    7. Sharqmix – Al Sharq Ready-Mix Concrete 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    8. Bina Ready-Mix Concrete Products 
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    9. Others
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
  12. Contact Us & Disclaimer

please share your details to receive a free sample copy

Full Name*

Company Name*

Business Email*

Country Name*

Contact Number*

Message*