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Saudi Arabia Ready-Mix Concrete Market Research Report Forecast to 2030

Publisher Market Research Future
Published Dec 24, 2023
Length 74 Pages
SKU # RESFT18411882

Description

Saudi Arabia Ready-Mix Concrete Market Research Report Forecast to 2030


The Saudi Arabia Ready Mix Concrete market has witnessed significant growth and transformation in recent years, driven by rapid urbanization, infrastructure development, and a burgeoning construction sector. Saudi Arabia's Ready Mix Concrete market is a vital component of the construction industry, supporting various residential, commercial, and industrial projects. The market has experienced steady growth due to increased government investments, private sector initiatives, and a growing population demanding modern infrastructure and housing solutions. Rapid urbanization is driving demand for residential and commercial construction, further boosting the need for Ready Mix Concrete as a convenient and time-efficient building material. The integration of smart technologies in construction and infrastructure projects presents opportunities for innovative Ready Mix Concrete solutions.

The Saudi Arabia Ready Mix Concrete Market refers to the sector within the construction industry in Saudi Arabia that involves the production, distribution, and supply of concrete in a ready-to-use form. Ready mix concrete is a mixture of cement, water, aggregates (such as sand, gravel, or crushed stone), and various additives or admixtures, which are precisely proportioned and mixed at a centralized batching plant. It is then transported to construction sites in specialized vehicles, typically concrete mixer trucks, and is ready for immediate use upon arrival.

Market Segmentation

Based on Product Type, the Saudi Arabia ready mix concrete market has been segmented into transit mixed concrete, shrink mixed concrete, and central mixed concrete. The transit mixed concrete segment for the Saudi Arabia ready mix concrete market is expected to drive the market by holding a substantial market share with a market value of USD 7.3 million for the year 2022. It is projected to register the highest 7.7% CAGR among the Product Type segment during the projected period.

Based on Production, the Saudi Arabia ready mix concrete market has been segmented into on-site and off-site. In 2022, on-site segments led the market with substantial market shares. The target segment is projected to offer a total incremental opportunity of USD 4.6 Million during the forecast period.

Based on Application, the Saudi Arabia ready mix concrete market has been segmented into residential, commercial, industrial, and infrastructure. The residential segment is anticipated to drive the Saudi Arabia ready mix concrete market throughout the forecast period. The target segment is anticipated to offer a total incremental opportunity of USD 4.1 million by the end of 2030.

Major Players

Saudi ReadyMix, Saudi Building Materials Company, Qanbar Readymix, Green Concrete Company CJSC, QMIX, and K.Mix these are the players operating in the market.

Companies Mentioned

Saudi ReadyMix
Saudi Building Materials Company
Qanbar Readymix
Green Concrete Company CJSC
QMIX
and K.Mix

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Table of Contents

74 Pages
1 Executive Summary 11
1.1 Market Attractiveness Analysis 13
1.1.1 Saudi Arabia Ready Mix Concrete Market, By Product Type 13
1.1.2 Saudi Arabia Ready Mix Concrete Market, By Production 14
1.1.3 Saudi Arabia Ready Mix Concrete Market, By Application 15
2 Market Introduction 16
2.1 Definition 16
2.2 Scope Of The Study 16
2.3 Market Structure 16
3 Research Methodology 17
3.1 Research Process 17
3.2 Primary Research 18
3.3 Secondary Research 19
3.4 Market Size Estimation 20
3.5 Top-down And Bottom-up Approach 20
3.6 Forecast Model 21
3.7 List Of Assumptions 22
4 Market Dynamics 23
4.1 Introduction 23
4.2 Drivers 24
4.2.1 Increasing Infrastructure Development In Saudi Arabia 24
4.2.2 Rising Development Of Green Buildings 24
4.2.3 Drivers Impact Analysis 25
4.3 Restraint 25
4.3.1 High Capital Requirement For Setting Up Ready-mix Concrete Plants 25
4.3.2 Restraint Impact Analysis 26
4.4 Opportunity 26
4.4.1 Rising Government Initiatives In The Construction Sector 26
4.5 Covid-19 Impact Analysis 27
4.5.1 Economic Impact 27
4.5.1.1 Impact On Cosntruction Industry 27
4.5.2 Impact On Production 27
4.5.3 Impact On Saudi Arabia Ready-mix Concrete Market 27
4.5.3.1 Impact On Supply Chain 27
4.5.3.2 Impact On Raw Materials 28
4.5.3.3 Cash Flow Constraints 28
4.5.4 Impact On World Trade 28
5 Market Factor Analysis 29
5.1 Supply Chain Analysis 29
5.1.1 R&D 30
5.1.2 Raw Material Supply 30
5.1.3 Manufacturers 30
5.1.4 Distribution & Sales Channels 30
5.1.5 End Use 30
5.2 Porter's Five Forces Model 31
5.2.1 Threat Of New Entrants 31
5.2.2 Bargaining Power Of Suppliers 32
5.2.3 Bargaining Power Of Buyers 32
5.2.4 Threat Of Substitutes 32
5.2.5 Rivalry 32
5.3 Regulatory Frameworks 33
6 Saudi Arabia Ready Mix Concrete Market, By Product Type 34
6.1 Overview 34
6.2 Transit Mixed Concrete 35
6.3 Shrink Mixed Concrete 35
6.4 Central Mixed Concrete 35
7 Saudi Arabia Ready Mix Concrete Market, By Production 37
7.1 Overview 37
7.2 On-site 38
7.3 Off-site 38
8 Saudi Arabia Ready Mix Concrete Market, By Application 39
8.1 Overview 39
8.2 Residential 40
8.3 Commercial 40
8.4 Industrial 40
8.5 Infrastructure 41
9 Saudi Arabia Ready Mix Concrete Market 42
9.1 Overview 42
10 Competitive Landscape 44
10.1 Introduction 44
10.2 Competitive Benchmarking 45
10.3 Market Share Analysis 46
10.4 Key Developments & Growth Strategies 46
10.4.1 Product Launch 46
10.4.2 Announcement 46
10.4.3 Award 47
10.4.4 Expansion 47
10.4.5 Agreement 47
10.4.6 Partnership 48
11 Company Profiles 49
11.1 Saudi Readymix 49
11.1.1 Company Overview 49
11.1.2 Financial Overview 49
11.1.3 Products Offered 49
11.1.4 Key Developments 50
11.1.5 Swot Analysis 50
11.1.6 Key Strategies 51
11.2 Sharqmix – Al Sharq Ready-mix Concrete 52
11.2.1 Company Overview 52
11.2.2 Financial Overview 52
11.2.3 Products Offered 52
11.2.4 Key Developments 52
11.2.5 Swot Analysis 53
11.2.6 Key Strategies 53
11.3 Bina Holding 54
11.3.1 Company Overview 54
11.3.2 Financial Overview 54
11.3.3 Products Offered 54
11.3.4 Key Developments 54
11.3.5 Swot Analysis 55
11.3.6 Key Strategies 55
11.4 Saudi Building Materials Company 56
11.4.1 Company Overview 56
11.4.2 Financial Overview 56
11.4.3 Products Offered 56
11.4.4 Key Developments 56
11.4.5 Swot Analysis 57
11.4.6 Key Strategies 57
11.5 Qanbar Readymix 58
11.5.1 Company Overview 58
11.5.2 Financial Overview 58
11.5.3 Products Offered 58
11.5.4 Key Developments 59
11.5.5 Swot Analysis 60
11.5.6 Key Strategies 60
11.6 Green Concrete Company Cjsc 62
11.6.1 Company Overview 62
11.6.2 Financial Overview 62
11.6.3 Products Offered 62
11.6.4 Key Developments 63
11.6.5 Swot Analysis 64
11.6.6 Key Strategies 64
11.7 Qmix 65
11.7.1 Company Overview 65
11.7.2 Financial Overview 65
11.7.3 Products Offered 65
11.7.4 Key Developments 65
11.7.5 Swot Analysis 66
11.7.6 Key Strategies 66
11.8 K.Mix 67
11.8.1 Company Overview 67
11.8.2 Financial Overview 67
11.8.3 Products Offered 67
11.8.4 Key Developments 67
11.8.5 Swot Analysis 68
11.8.6 Key Strategies 68
11.9 Khonaini International Company 69
11.9.1 Company Overview 69
11.9.2 Financial Overview 69
11.9.3 Products Offered 69
11.9.4 Key Developments 69
11.9.5 Swot Analysis 70
11.9.6 Key Strategies 70
11.10 Al Falwa Co. Ltd. 71
11.10.1 Company Overview 71
11.10.2 Financial Overview 71
11.10.3 Products Offered 71
11.10.4 Key Developments 72
11.10.5 Swot Analysis 72
11.10.6 Key Strategies 73
List Of Tables
Table 1 List Of Assumptions 22
Table 2 Saudi Arabia Ready Mix Concrete Market, By Product Type 2018–2030 (Usd Million) 35
Table 3 Saudi Arabia Ready Mix Concrete Market, By Production 2018–2030 (Usd Million) 38
Table 4 Saudi Arabia Ready Mix Concrete Market, By Application 2018–2030 (Usd Million) 41
Table 5 Saudi Arabia Ready Mix Concrete Market, By Product Type 2018–2030 (Usd Million) 42
Table 6 Saudi Arabia Ready Mix Concrete Market, By Production 2018–2030 (Usd Million) 42
Table 7 Saudi Arabia Ready Mix Concrete Market, By Application 2018–2030 (Usd Million) 43
Table 8 Product Launch 46
Table 9 Announcement 46
Table 10 Award 47
Table 11 Expansion 47
Table 12 Agreement 47
Table 13 Partnership 48
Table 14 Saudi Readymix: Products Offered 49
Table 15 Saudi Readymix: Key Developments 50
Table 16 Sharqmix – Al Sharq Ready-mix Concrete: Products Offered 52
Table 17 Bina Holding: Products Offered 54
Table 18 Saudi Building Materials Company: Products Offered 56
Table 19 Saudi Building Materials Company: Key Developments 56
Table 20 Qanbar Readymix: Products Offered 58
Table 21 Qanbar Readymix: Key Developments 59
Table 22 Green Concrete Company Cjsc: Products Offered 62
Table 23 Green Concrete Company Cjsc: Key Developments 63
Table 24 Qmix: Products Offered 65
Table 25 Qmix: Key Developments 65
Table 26 K.Mix: Products Offered 67
Table 27 Khonaini International Company: Products Offered 69
Table 28 Khonaini International Company: Key Developments 69
Table 29 Al Falwa Co. Ltd.: Products Offered 71
Table 30 Al Falwa Co. Ltd.: Key Developments 72
List Of Figures
Figure 1 Market Synopsis 12
Figure 2 Saudi Arabia Ready Mix Concrete Market Analysis, By Product Type 13
Figure 3 Saudi Arabia Ready Mix Concrete Market Analysis, By Production 14
Figure 4 Saudi Arabia Ready Mix Concrete Market Analysis, By Application 15
Figure 5 Saudi Arabia Ready Mix Concrete Market: Market Structure 16
Figure 6 Research Process Of Mrfr 17
Figure 7 Market Dynamics: Saudi Arabia Ready-mix Concrete Market 23
Figure 8 Drivers: Impact Analysis: Saudi Arabia Ready-mix Concrete Market 25
Figure 9 Restraint Impact Analysis: Saudi Arabia Ready-mix Concrete Market 26
Figure 10 Supply Chain Analysis: Saudi Ready Mix Concrete Market 29
Figure 11 Porter's Five Forces Analysis: Saudi Ready Mix Concrete Market 31
Figure 12 Saudi Arabia Ready Mix Concrete Market, By Product Type, 2022 (% Share) 34
Figure 13 Saudi Arabia Ready Mix Concrete Market, By Product Type, 2018–2030 (Usd Million) 34
Figure 14 Saudi Arabia Ready Mix Concrete Market, By Production, 2022 (% Share) 37
Figure 15 Saudi Arabia Ready Mix Concrete Market, By Production, 2018–2030 (Usd Million) 37
Figure 16 Saudi Arabia Ready Mix Concrete Market, By Application, 2022 (% Share) 39
Figure 17 Saudi Arabia Ready Mix Concrete Market, By Application, 2018–2030 (Usd Million) 39
Figure 18 Saudi Arabia Ready Mix Concrete Market Share Analysis, 2022 % 46
Figure 19 Saudi Readymix: Swot Analysis 50
Figure 20 Sharqmix – Al Sharq Ready-mix Concrete: Swot Analysis 53
Figure 21 Bina Holding: Swot Analysis 55
Figure 22 Saudi Building Materials Company: Swot Analysis 57
Figure 23 Qanbar Readymix: Swot Analysis 60
Figure 24 Green Concrete Company Cjsc: Swot Analysis 64
Figure 25 Qmix: Swot Analysis 66
Figure 26 K.Mix: Swot Analysis 68
Figure 27 Khonaini International Company: Swot Analysis 70
Figure 28 Al Falwa Co. Ltd.: Swot Analysis 72

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