The Middle East Cement Market size was estimated at around 184 Million Tons in 2024 and is projected to reach 279 Million Tons by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.98% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.
Middle East Cement Market Driver:
Rapid Infrastructure Development Driving the Market Growth – This region is experiencing rapid development in its infrastructure. This is because most of the countries in this region are reducing their dependency on oil, and attracting multiple other sectors to support their economy. Several commercial infrastructural developments, including commercial parks, sectors, tourist attractions, hotels, resorts, and others, are thus occurring in this area. Furthermore, the road network in this sector is expanding to have better linkages for several points. The UAE roads would cover roughly 634 km in 2023 under the USD1 billion development project. Thus boosting demand for cement in the region as all scheduled projects use concrete in their building to ensure durability and long life. Due to the increase in infrastructural projects in the region, demand for cement has seen a boost, and this trend shall continue in the forecast period as well.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Middle East Cement Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Type
- Portland- Market Size & Forecast 2020-2030, USD Million, Million Tons
- Blended- Market Size & Forecast 2020-2030, USD Million, Million Tons
- Others (White, Pozzolanic, etc.)- Market Size & Forecast 2020-2030, USD Million, Million Tons
- By Application
- Residential - Market Size & Forecast 2020-2030, USD Million, Million Tons
- Non-Residential- Market Size & Forecast 2020-2030, USD Million, Million Tons
- By Country
- The UAE
- Saudi Arabia
- Qatar
- Kuwait
- Oman
- Bahrain
- Egypt
- Israel
- Turkey
- Rest of the Middle East
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - LafargeHolcim, Cemex, Saudi Cement, Qatar National Cement Company, Kuwait Cement Company, Yamama Cement, Gulf Cement Company, Arabian Cement Company, Fujairah Cement Industries, Najran Cement Company, Yanbu Cement Company, Qassim Cement, Others are looking forward to strengthening their market positions.
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