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Cement Market in Saudi Arabia 2018-2022

Cement Market in Saudi Arabia 2018-2022

About Cement

Cement acts as a binding agent for concrete, mortar, and others. It is used in construction applications owing to its high durability, low cost, and versatility. The key cement raw materials include limestone, sand, and clay.
Technavio’s analysts forecast the cement market in Saudi Arabia to grow at a CAGR of 5.25% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the cement market in Saudi Arabia for 2018-2022. This cement industry analysis report provides a detailed analysis of the market by application (residential and commercial).
The market is divided into the following segments based on geography:
Central Saudi Arabia
Western Saudi Arabia
Southern Saudi Arabia
Eastern Saudi Arabia
Northern Saudi Arabia
Technavio's report, Cement Market in Saudi Arabia 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Arabian Cement
Saudi Cement
SPCC
Yamama Cement
YCC

Market driver

Growth of the housing mortgage sector
For a full, detailed list, view our report

Market challenge

Recovery of oil prices
For a full, detailed list, view our report

Market trend

Ongoing discussions for M&A
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Cement Market in Saudi Arabia 2018-2022

Technavio recognizes the following companies as the key players in the cement market in Saudi Arabia: Arabian Cement, Saudi Cement, SPCC, YCC, and Yamama Cement.

Commenting on the report, an analyst from Technavio’s team said: “Major cement companies in Saudi Arabia such as Yamama Cement and Saudi Cement are investing on new infrastructure to balance the anticipated increase in production costs. The production costs are expected to increase due to proposed energy subsidy cuts during the forecast period. This trend of construction of low power consuming cement plants to reduce power consumption and improve efficiency will drive the growth of the cement industry in Saudi Arabia in the coming five years.”

According to the report, one of the major drivers for this market is the launch of Saudi Vision 2030, in 2016, to increase the country’s economic development and minimize the dependence on oil resources. This project will boost the non-oil revenues and lead to development of infrastructure for religious tourism, healthcare and real estate. This, in turn, will augment the cement market size in Saudi Arabia throughout the next five years.

Further, the report states that one of the major factors hindering the growth of this market is the implementation of expat levy on foreign nationals, in 2017. This expat levy is expected to increase almost 4 times over a 4-year period. The cement industry is manpower dependent and this monthly levy will reduce the profit margins of companies whose workforce comprises of more foreign nationals than Saudi nationals. The implementation of the foreign levy will also reduce the inflow of blue-collar workers into the country, thereby harming the growth of the cement market in Saudi Arabia.

Companies Mentioned

Arabian Cement
Saudi Cement
SPCC
Yamama Cement
YCC

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Cement market in GCC countries: Segmentation
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Market size and forecast 2017-2022 (MMT)
      • Table Cement market in Saudi Arabia - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Residential application - Market size and forecast 2017-2022
      • Table Residential application - Market size and forecast 2017-2022 (MMT)
      • Table Major residential projects announced in Saudi Arabia
      • Table Residential application - Year-over-year growth 2018-2022 (%)
    • Commercial application - Market size and forecast 2017-2022
      • Table Commercial application - Market size and forecast 2017-2022 (MMT)
      • Table Major commercial projects announced in Saudi Arabia
      • Table Commercial application - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
    • Geographical segmentation
      • Table Market share by geography 2017-2022 (%)
    • Regional comparison
    • Central Saudi Arabia - Market size and forecast 2017-2022
      • Table Central Saudi Arabia - Market size and forecast 2017-2022 (MMT)
      • Table Key players in the cement market in central Saudi Arabia
      • Table Central Saudi Arabia - Year-over-year growth 2018-2022 (%)
    • Western Saudi Arabia - Market size and forecast 2017-2022
      • Table Western Saudi Arabia - Market size and forecast 2017-2022 (MMT)
      • Table Key players in the cement market in western Saudi Arabia
      • Table Western Saudi Arabia - Year-over-year growth 2018-2022 (%)
    • Southern Saudi Arabia - Market size and forecast 2017-2022
      • Table Southern Saudi Arabia - Market size and forecast 2017-2022 (MMT)
      • Table Key players in the cement market in southern Saudi Arabia
      • Table Southern Saudi Arabia - Year-over-year growth 2018-2022 (%)
    • Eastern Saudi Arabia - Market size and forecast 2017-2022
      • Table Eastern Saudi Arabia - Market size and forecast 2017-2022 (MMT)
      • Table Key players in the cement market in eastern Saudi Arabia
      • Table Eastern Saudi Arabia - Year-over-year growth 2018-2022 (%)
    • Northern Saudi Arabia - Market size and forecast 2017-2022
      • Table Northern Saudi Arabia - Market size and forecast 2017-2022 (MMT)
      • Table Key players in the cement market in northern Saudi Arabia
      • Table Northern Saudi Arabia - Year-over-year growth 2018-2022 (%)
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Arabian Cement
      • Table Arabian Cement: Vendor overview
      • Table Arabian Cement - Organizational developments
    • Saudi Cement
      • Table Saudi Cement: Vendor overview
      • Table Saudi Cement - Business segments
      • Table Saudi Cement - Organizational developments
      • Table Saudi Cement - Key offerings
    • SPCC
      • Table SPCC: Vendor overview
      • Table SPCC - Organizational developments
    • Yamama Cement
      • Table Yamama Cement: Vendor overview
      • Table Yamama Cement - Organizational developments
      • Table Yamama Cement - Key offerings
    • YCC
      • Table YCC: Vendor overview
      • Table YCC - Geographical focus
      • Table YCC - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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