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The GCC cement market is currently witnessing steady growth. 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.
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. On account of these factors, the market is expected to continue its steady growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC cement market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type and end use.
Breakup by Type:
Breakup by End Use:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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