The Saudi Arabia ready mix concrete market size reached USD 22,639.91 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 51,450.09 Million by 2033, exhibiting a growth rate (CAGR) of 9.55% during 2025-2033. The market is fueled by swift urbanization, massive infrastructure developments under Vision 2030, growing need for green building materials, and heightened government investment in housing and transport. All these factors are anticipated to have a positive impact on the Saudi Arabia ready mix concrete market share in the next few years.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024
|
USD 22,639.91 Million |
Market Forecast in 2033
|
USD 51,450.09 Million |
Market Growth Rate 2025-2033 | 9.55% |
Integration of Smart Construction Technologies
The Saudi Arabia ready mix concrete market is witnessing a significant shift towards the integration of smart construction technologies. The adoption of automation in batching plants, coupled with real-time monitoring systems, ensures precise control over concrete mix proportions and quality. This technological advancement not only enhances operational efficiency but also reduces human error, leading to consistent product quality. Furthermore, the implementation of Internet of Things (IoT) sensors in transit mixers allows for tracking and managing concrete delivery, optimizing logistics, and minimizing delays. These innovations align with the Kingdom's Vision 2030 objectives by promoting efficiency and sustainability in the construction sector, thereby contributing to the overall Saudi Arabia ready mix concrete market growth. For instance, in November 2024, Saudi Readymix and Finland’s Betolar jointly launched two new low-CO₂ concrete products in Saudi Arabia, using ground granulated blast furnace slag and natural pozzolans via Betolar’s Geoprime technology. One mix is cement-free; the other has ultra-low cement content (2.5%).
Emphasis on Sustainable and Green Building Practices
Sustainability has emerged as a pillar in the Saudi Arabia ready mix concrete industry, prompted by regulatory measures as well as market forces. The use of recycled materials like fly ash, slag, and recycled aggregates in concrete mixes is becoming increasingly popular. These activities not only decrease the use of virgin resources but also reduce the carbon intensity of construction processes. The Saudi Green Building Code requires the use of sustainable materials and energy-efficient processes, further encouraging the use of sustainable concrete solutions. Consequently, ready mix concrete manufacturers are increasingly making investments in technology and processes that meet environmental standards, becoming leaders in sustainable construction. For instance, in November 2024, Saudi Readymix and Aramco partnered to develop a lower-carbon concrete alternative, aiming to reduce emissions in Saudi Arabia’s construction sector. The collaboration focuses on optimizing AL-ECC, a cost-effective cementitious composite made from local materials. A successful pavement demonstration highlights the potential for sustainable, jointless, thinner concrete with lower environmental impact.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country/regional levels for 2025-2033. Our report has categorized the market based on product and end use sector.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes central mixed, shrink mixed, and transit mixed.
End Use Sector Insights:
A detailed breakup and analysis of the market based on the end use sector have also been provided in the report. This includes commercial, industrial and institutional, infrastructure, and residential.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Products Covered | Central Mixed, Shrink Mixed, Transit Mixed |
End Use Sectors Covered | Commercial, Industrial and Institutional, Infrastructure, Residential |
Regions Covered | Northern and Central Region, Western Region, Eastern Region, Southern Region |
Customization Scope | 10% Free Customization |
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:
Key Benefits for Stakeholders: