GCC Cement Market Share, Size, Growth, Price and Report 2028

GCC Cement Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A3190

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Market Overview:

The GCC cement market size reached 85.5 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 113.3 Million Tons by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.

Cement, or ordinary Portland cement (OPC), refers to a grey colored powder manufactured by grinding a mixture of clay and limestone. It is an inorganic compound with excellent hydraulic binding properties. Cement is used in structural applications and hardens with the addition of water. It is produced in different types to meet the physical and chemical requirements of specific situations, such as durability and strength. Cement forms the backbone of infrastructural development as it is extensively used for mass construction like civil construction, dwellings and industrial estates.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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The GCC cement market is primarily driven by the rising demand for shelter and infrastructure in the region. This has resulted in extensive investments in the construction industry, which is propelling the growth of the market. Furthermore, the development of mega infrastructure projects, such as the construction of Al Maktoum International Airport in Dubai, is also increasing the demand for cement. Moreover, governments of GCC countries are investing considerably to enhance the existing infrastructure and lower the carbon footprint. As a result, manufacturers are increasingly adopting thermal energy in cement manufacturing to minimize CO₂ emissions generated during the production process.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the GCC cement market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on type and end use.

Breakup by Type:

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Blended
Portland
Others

Breakup by End Use:

Residential
Commercial
Infrastructure

Breakup by Country:

Saudi Arabia
UAE
Qatar
Oman
Kuwait
Bahrain

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	Million Tons
Segment Coverage	Type, End Use, Country
Countries Covered	Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The GCC cement market reached a volume 85.5 Million Tons in 2022.

We expect the GCC cement market to exhibit a CAGR of 5% during 2023-2028.

The continuous development of mega infrastructure projects, along with the rising number of residential and commercial buildings, is primarily driving the GCC cement market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several GCC nations, resulting in the temporary halt in numerous construction activities, thereby negatively impacting the GCC market for cement.

Based on the type, the GCC cement market has been segregated into blended, Portland, and others. Among these, Portland currently exhibits a clear dominance in the market.

Based on the end use, the GCC cement market can be bifurcated into residential, commercial, and infrastructure. Currently, the residential sector holds the largest market share.

On a regional level, the market has been classified into Saudi Arabia, UAE, Qatar, Oman, Kuwait, and Bahrain, where Saudi Arabia currently dominates the GCC cement market.

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