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The Saudi Arabia concrete market size attained a volume of approximately 236.68 MMT in 2023. The market is further estimated to grow at a CAGR rate of 3.70% in the forecast period of 2024-2032, reaching a volume of around 328.77 MMT by 2032.
Concrete is a widely used building material made from mixture of water, cement, stones, gravel, and sand. The dry mixture is known as aggregate which is combined with a fluid cement, and it turns into a hard slab once it cures. The durability of concrete makes it an effective building component for a wide range of constructions.
Based on type, the market is divided into ready-mix concrete, pre-cast products, and pre-cast elements, with ready-mix concrete further segmented by type into transit mix concrete, central mix concrete, and share mix concrete. Pre-cast products are further categorised by type into paving stones and slabs, bricks, and AAC blocks, among others, while pre-cast elements sub-divided by type into are facade, floor, building blocks, and pipe, among others. By application, the Saudi Arabia concrete market is bifurcated into reinforced concrete, and non-reinforced concrete. On basis of end-user industry, the market is classified into roads and highways, tunnels, residential buildings, dams and power plants, and mining, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Saudi Arabia concrete market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Ready-mix concrete accounts for a sizable share of the Saudi Arabia concrete market due to the added convenience of pre-mixed concrete as it doesn’t need to be mixed and measured on site. In transit mix type of ready-mix concrete, the concrete mixture is prepared in a drum during transportation and then delivered to the job site. While transit mix is cost effective and suited for smaller projects, it can be time consuming.
For larger volumes of concrete, central mix type of ready-mix concrete is preferred where stationary mixers at central mixing plants are used to combine the concrete which is then transported. Central mixes are higher in cost, but their aggressive mixing reduces the fuel consumption, and eliminates the driver time for slumping. It also lowers the driver yard waiting time, thus making them a preferred option for larger plants.
Abdel Hadi Abdullah Al Qahtani & Sons Group of Companies, founded in 1948, was an initial supplier of food products with its headquarters in Dammam, Saudi Arabia. The company later expanded into the domains of oil, petrochemicals, fertilisers, and refineries. The company also provides its services to public sectors of tourism and travel, however most of their market share relies on oil and gas.
Al Amam Factory for Concrete and Bricks is a supplier of ready-mix concrete to the public and private sectors. The company founded in 2008 has its headquarters in Dammam, Saudi Arabia, and has grown on a large scale in the past few years with the production of concrete mix, light weight blocks, hollow concrete, and thermal insulation.
Other market players include Al Fahd Company, Al Falwa Concrete Limited, Al Houssain & Al Afaliq Company HACO, Alian Industry Company, Sharqmix – Al Sharq Ready-Mix Concrete, and Bina Ready-Mix Concrete Products, among others.
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:
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Breakup by Type |
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Breakup by Application |
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Breakup by End User Industry |
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Competitive Landscape |
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Companies Covered |
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Saudi Arabia Concrete Market Size
Saudi Arabia Concrete Market Share
*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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In 2023, the market reached an approximate volume of 236.68 MMT.
The market is expected to grow at a CAGR of 3.70% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around 328.77 MMT by 2032.
Major driving factors for the concrete market in Saudi Arabia include expansion of the construction sector, including residential and non-residential buildings, and increasing investments in infrastructural development.
The key trends of the market include lowering the production cost of the concrete plants, product developments, and increasing supply of ready-mix concrete.
The various types of concrete in the market are ready-mix concrete, pre-cast products, and pre-cast elements.
The leading applications in the concrete market in Saudi Arabia are reinforced concrete and non-reinforced concrete.
The key market players, according to the report, are Abdel Hadi Abdullah Al Qahtani & Sons Group of Companies, Al Amam Factory for Concrete and Bricks , Al Fahd Company, Al Falwa Concrete Limited, Al Houssain & Al Afaliq Company HACO, Alian Industry Company, Sharqmix – Al Sharq Ready-Mix Concrete, and Bina Ready-Mix Concrete Products, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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