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Cement Market in the GCC 2015-2019

Market outlook of the cement market in the GCC

Technavio’s market research analyst has estimated the cement market in the GCC to post a healthy market growth rate of more than 6% during the forecast period. The rise in population, increase in tourists, demand for affordable houses, and the development of new cities are some of the factors that are expected to propel market growth during the forecast period.

Augmented investments in the transportation sector is the major driving factor for the growth of this market. Due to the recent increase in tourism, the government in this region is planning to invest heavily in the public transit system. Consequently, the construction of new railway networks, seaports, and airports is expected to spur the demand for cement in this region during the forecast period.

Competitive landscape and key vendors

Since the cement market is an integral part of the construction segment, growth in this sector will result in the growth of the cement market during the forecast period. This market is dominated by large vendors like Gulf Cement and Kuwait Cement and is characterized by intense competition among the established pure players.

Key vendors in this market are -

  • Gulf Cement
  • Kuwait Cement Company
  • Lafarge
  • Oman Cement Company
  • Qatar National Cement
  • Saudi Cement Company
Other prominent vendors are Al Safwa Cement, Aljabor Cement Industries, Eastern Province Cement, Fujairah Cement Industries, Jebel Ali Cement, Khalid Cement Industries Complex, Najran Cement, National Cement, Pioneer Cement, Ras al-Khaimah Cement, Southern Province Cement, Tabuk Cement, Teba Cement Factory, Yamama, and Yanbu Cement.

Segmentation by GCC countries and analysis of the cement market
  • Saudi Arabia
  • UAE
  • Kuwait
  • Qatar
  • Oman
  • Bahrain
In this market research report, Technavio analysts estimate Saudi Arabia to account for the largest market share between the period of 2014 and 2019. Increasing investments in the transport and residential infrastructure sectors are expected to result in this region’s high market share of more than 59% during the forecast period.

Growth drivers, challenges, and upcoming trends: Cement market

Technavio’s market research analyst has estimated upcoming trends, such as the construction of new cement production facilities, to impel market growth during the forecast period. To keep up with the augmented demand for construction materials, new cement production facilities are being built in and around the GCC. This recent rise in demand for cement is being driven by an increase in construction projects across the GCC and is leading to the establishment of new cement plants during the forecast period.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the cement market in the GCC. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include
  • What will the market size and the growth rate be in 2019?
  • What are the key factors driving the cement market in the GCC?
  • What are the key market trends impacting the cement market in the GCC?
  • What are the challenges to market growth?
  • Who are the key vendors in the cement market in the GCC?
  • What are the market opportunities and threats faced by the vendors in the cement market in the GCC?
  • What are the key outcomes of the five forces analysis of the cement market in the GCC?
Technavio also offers customization on reports based on specific client requirement.

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  • Cement Market in Qatar 2015-2019


Press Release

Technavio Announces the Publication of its Research Report – Cement Market in GCC 2015-2019
Technavio recognizes the following companies as the key players in the Cement Market in GCC: Gulf Cement, Kuwait Cement Company, Lafarge, Oman Cement Company, Qatar National Cement and Saudi Cement Company
Other Prominent Vendors in the market are: Al Safwa Cement, Aljabor Cement Industries, Eastern Province Cement, Fujairah Cement Industries, Jebel Ali Cement, Khalid Cement Industries Complex, Najran Cement, National Cement, Pioneer Cement, Ras al-Khaimah Cement, Southern Province Cement, Tabuk Cement, Teba Cement Factory, Yamama, and Yanbu Cement.
Commenting on the report, an analyst from Technavio’s team said: “The use of blended cement in Saudi Arabia has been increasing. Blended cement is manufactured by adding pozzolanic materials such as fly ash, silica fume, and slag to the cement clinker and gypsum. This helps to improve the overall quality of the concrete, making it resistant to high temperatures and corrosion. In general, ordinary Portland cement is the most widely used blending material for concrete.”
According to the report, one of the major drivers propelling demand for cement in the country is increased investment in the transportation sector. The increase in population and rise in inbound tourism are driving the government to invest significantly in the public transit system.
Further, the report states that the three-year cement export ban in Saudi Arabia is posing a serious challenge for the cement producers. Saudi Arabia has a domestic surplus in cement production and because of the export ban, many of the cement manufacturers are shutting down their production lines in the country.

Companies Mentioned

Gulf Cement, Kuwait Cement Company, Lafarge, Oman Cement Company, Qatar National Cement, Saudi Cement Company, Al Safwa Cement, Aljabor Cement Industries, Eastern Province Cement, Fujairah Cement Industries, Jebel Ali Cement, Khalid Cement Industries Complex, Najran Cement, National Cement, Pioneer Cement, Ras al-Khaimah Cement, Southern Province Cement, Tabuk Cement, Teba Cement Factory, Yamama, Yanbu Cement.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Offerings of the top vendors
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Industry overview
    • GCC construction outlook
      • Table Construction market in GCC 2010-2013 ($ billions)
  • Market landscape
    • Market overview
      • Table Major types of cement produced in GCC countries
    • Market size and forecast
      • Table Demand for cement in GCC 2014-2019 (million tons)
    • Five forces analysis
      • Table Five forces analysis
  • Segmentation of GCC countries
    • Table Cement segmentation by country 2014
    • Table Cement segmentation by country 2019
  • GCC countries
    • Saudi Arabia
      • Table Saudi Arabia: Total investments in non-oil and crude oil and natural gas sectors 2011-2014 ($ billions)
      • Table Saudi Arabia: GDP by economic activity 2014
      • Table Saudi Arabia: Government budget allocation 2015
      • Table Saudi Arabia: Construction contribution to GDP 2011-2014 (%)
      • Table Cement market in Saudi Arabia 2014-2019 (million tons)
    • UAE
      • Table UAE: Total investments in non-oil and crude oil and natural gas sectors 2011-2014 ($ billions)
      • Table UAE: GDP contribution by sector 2014
      • Table UAE: Construction contribution to GDP 2005-2014 (%)
      • Table Demand for cement in UAE 2014-2019 (million tons)
    • Kuwait
      • Table Kuwait: GDP by economic activity 2014
      • Table Kuwait: Construction contribution to GDP 2010-2014
      • Table Demand for cement in Kuwait 2014-2019 (million tons)
    • Qatar
      • Table GDP by economic activity 2014
      • Table Construction market in Qatar 2014 ($ billions)
      • Table Major construction projects in Qatar
      • Table Cement market in Qatar 2014-2019 (million tons)
    • Oman
      • Table Construction market in Oman 2010-2011 ($ billions)
      • Table Demand for cement in Oman 2014-2019 (million tons)
    • Bahrain
      • Table Construction market in Bahrain 2010-2013 ($ billions)
      • Table Major projects planned in Bahrain
      • Table Demand for cement in Bahrain 2014-2019 (million tons)
  • Impact of drivers
    • Table Impact of drivers
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
  • Key vendor analysis
    • Gulf Cement
      • Table Gulf Cement: Business segmentation
      • Table Gulf Cement: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Gulf Cement: Geographical segmentation by revenue 2014
    • Kuwait Cement Company
      • Table Kuwait Cement Company: Business segmentation 2014
      • Table Kuwait Cement Company: Business segmentation by revenue 2014
      • Table Kuwait Cement Company: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Kuwait Cement Company: Geographical segmentation by revenue 2014
    • Lafarge
      • Table Lafarge: Business segmentation 2014
      • Table Lafarge: Business segmentation by revenue 2014
      • Table Lafarge: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Lafarge: Product segmentation by revenue 2014
    • Oman Cement Company
      • Table Oman Cement Company: Product segmentation
      • Table Oman Cement Company: Geographical segmentation by revenue 2014
    • Qatar National Cement
      • Table Qatar National Cement: Products and services
    • Saudi Cement Company
      • Table Saudi Cement Company: Product segmentation
  • Appendix
    • List of abbreviations
  • Explore Technavio

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