Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

MENA Cement Market Outlook

The MENA cement market attained a volume of about 756.12 MMT in 2023. The market is further expected to grow at a CAGR of 5.5% during the forecast period of 2024-2032 to reach nearly 1,224.23 MMT by 2032.

Rapid Urbanisation and Industrialisation are Augmenting the Market Growth of Cement in the Region

The MENA market for cement is being driven by the robust construction projects carried out in countries like the UAE and Saudi Arabia over the recent years. The rise in commercial construction can be associated with the rapid investments in tourism and robust industrialisation, owing to which there has been a significant rise in the construction offices and other public buildings, which is a major factor augmenting the demand for cement in the region. In addition, Egypt and Saudi Arabia are significantly adding to the market demand in terms of increasing factory numbers and production capacity. These are some of the factors positively influencing the market growth in the region.

MENA Cement Market

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Moreover, the region has been witnessing a surge in its population levels owing to urbanisation and robust job opportunities, thereby inviting people from all over the world. This has led to a rise in residential construction projects over the past years, thus augmenting the demand for cement in the MENA region. In addition to this, other indirect factors like inflating disposable incomes, changing consumer lifestyles, and the growth in reconstruction projects are additional factors providing impetus to the market growth.

Cement: Market Segmentation

Cement is essentially a fine grey powder that is mixed with water to form an adhesive material that sets and hardens to adhere to building units, such as bricks and stones. It is an essential raw material in the construction industry that provides strength and durability to the built infrastructure.

MENA Cement Market

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Based on type, the market can be segmented into:

  • Blended
  • Portland
  • Others

The market, based on end use, can be categorised into:

  • Residential
  • Commercial

The EMR report looks into the countries of MENA market of cement like Saudi Arabia, the United Arab  Emirates, Bahrain, Kuwait, Iraq, Algeria, Egypt, Libya, and Morocco, among others.

Rising Construction Projects in the Region are Expected to Lead the Market Growth of Cement in the MENA Region

The MENA market for cement witnessed a restrained growth in the historical period owing to the outbreak of the COVID-19 pandemic. As a result of pandemic induced restrictions, several manufacturing, construction, and import-export industries remained shut during 2020, thereby negatively impacting the market growth in the region. In addition, a number of cement manufacturing industries in the region witnessed a negative international trade during  the lockdown period, thereby hampering the market growth.

MENA Cement Market

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However, major construction projects are predicted in countries like Saudi Arabia, such as the development of NEOM city and the 2023 Qatar World Cup, which are projected to drive the growth of the regional market during the forecast period. In addition, with ease in travel restrictions, countries like UAE are expected to undertake various construction projects, thus the invigorated demand for cement is projected to push the growth of the market. In line with this, the ongoing EXPO-2020 exhibition in Dubai is positively impacting the market growth of cement in the region.

Key Industry Players in the MENA Cement Market

The report presents a detailed analysis of the following key players in the MENA cement market,  looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:

  • CEMEX S.A.B. de C.V.
  • Dangote Cement Plc.
  • InterCement
  • HeidelbergCement AG
  • CNBM International Corporation
  • Others

The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment

  • Type
  • End Use
  • Region
Breakup by Type
  • Blended
  • Portland
  • Others
Breakup by End Use
  • Residential
  • Commercial
Breakup by Region
  • Saudi Arabia
  • United Arab Emirates
  • Bahrain
  • Kuwait
  • Iraq
  • Algeria
  • Egypt
  • Libya
  • Morocco
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • CEMEX S.A.B. de C.V.
  • Dangote Cement Plc.
  • InterCement
  • HeidelbergCement AG
  • CNBM International Corporation
  • Others
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Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The MENA cement market attained a volume of nearly 756.12 MMT in 2023.

The market is projected to grow at a CAGR of 5.5% in the forecast period of 2024-2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach about 1,224.23 MMT by 2032.

The industry is primarily being driven by the rising commercial and residential construction projects owing to industrialisation and urbanisation.

The market is expected to be driven by the resumption of construction activities and ongoing technological advancements in the industry.

The major countries in the industries are Saudi Arabia, the United Arab Emirates, Bahrain, Kuwait, Iraq, Algeria, Egypt, Libya, and Morocco, among others.

The different types of cements in the market are blended and portland, among others.

The significant end uses of cement are residential and commercial.

The major players in the industry are CEMEX S.A.B. de C.V., Dangote Cement Plc., InterCement, HeidelbergCement AG, and CNBM International Corporation, among others.

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