The Middle East & Africa ready mix concrete market is expected to grow from US$ 36,404.32 million in 2022 to US$ 44,003.29 million by 2028; it is estimated to grow at a CAGR of 3.2% from 2022 to 2028.
Escalation in Commercial and Residential Construction Projects
Ready mix concrete is widely used in nearly all construction projects owing to benefits such as reduced construction time, low maintenance cost, and versatility. The rapid population growth has urged government bodies to promote reforms in urban planning. For instance, Dubai's population increased by 0.1 million from 2020 to 2022, with the government projection of 5.8 million by 2040. The country's economic stability, better connectivity, low cost of energy and government diversification strategy are the factors responsible for driving investors and customers to invest in residential and commercial properties. The implementation of government initiatives such as smart cities is further driving the Middle East & Africa ready mix concrete sales.Middle East & Africa Ready Mix Concrete Market Overview
The Middle East & Africa (MEA) primarily includes South Africa, Saudi Arabia, and the UAE. The growing demand among real estate developers and the surge in infrastructural projects owing to industrialization and urbanization in the region are the key factors anticipated to drive the ready mix concrete market. The rising urban population has improved the construction of private residential buildings from semi-urban and urban cities. The government is looking forward to investing large amounts in the building and construction industry. The growing need for residential and non-residential buildings in the region has created lucrative opportunities for the ready mix concrete market in the Middle East and Africa.Middle East & Africa Ready Mix Concrete Market Revenue and Forecast to 2028 (US$ Million) Middle East & Africa Ready Mix Concrete Market Segmentation
The Middle East & Africa ready mix concrete market is segmented on the basis of end use and country. Based on end use, the Middle East & Africa ready mix concrete market is segmented into residential, commercial, and others. The residential segment held the largest market share in 2022.- Based on country, the Middle East & Africa ready mix concrete market is segmented into South Africa, Saudi Arabia, the UAE, Nigeria, Egypt, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the market share in 2022.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. MEA Ready Mix Concrete Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA Ready Mix Concrete Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Escalation in Commercial and Residential Construction Projects
5.1.2 High Government Spending on Infrastructure Ventures
5.2 Market Restraints
5.2.1 Pollution Caused by Commercial Ready Mix Concrete Making Plants in Metro Cities
5.3 Market Opportunities
5.3.1 Extension of Sustainable Low Carbon Range Ready Mix Concrete
5.4 Market Trends
5.4.1 Utilization of Ready Mix Concrete in 3D Printing Procedure
5.5 Impact Analysis of Drivers and Restraint
6. Ready Mix Concrete - MEA Market Analysis
6.1 MEA Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
6.2 MEA Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
7. MEA Ready Mix Concrete Market Analysis - By End Use
7.1 Overview
7.2 Ready Mix Concrete Market, By End Use (2021 and 2028)
7.3 Residential
7.3.1 Overview
7.3.2 Residential: Ready Mix Concrete Market - Volume and Forecast to 2028 (Million Cubic Meter)
7.3.3 Residential: Ready Mix Concrete Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Commercial
7.4.1 Overview
7.4.2 Commercial: Ready Mix Concrete Market - Volume and Forecast to 2028 (Million Cubic Meter)
7.4.3 Commercial: Ready Mix Concrete Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Ready Mix Concrete Market - Volume and Forecast to 2028 (Million Cubic Meter)
7.5.3 Others: Ready Mix Concrete Market - Revenue and Forecast to 2028 (US$ Million)
8. MEA Ready Mix Concrete Market - by Country Analysis
8.1 Middle East and Africa: Ready Mix Concrete Market
8.1.1 Middle East and Africa: Ready Mix Concrete Market, by Key Country
8.1.1.1 South Africa: Ready Mix Concrete Market -Volume and Forecast to 2028
8.1.1.2 South Africa: Ready Mix Concrete Market -Revenue and Forecast to 2028
8.1.1.2.1 South Africa: Ready Mix Concrete Market, by End-Use
8.1.1.3 Saudi Arabia: Ready Mix Concrete Market -Volume and Forecast to 2028
8.1.1.4 Saudi Arabia: Ready Mix Concrete Market -Revenue and Forecast to 2028
8.1.1.4.1 Saudi Arabia: Ready Mix Concrete Market, by End-Use
8.1.1.5 UAE: Ready Mix Concrete Market -Volume and Forecast to 2028
8.1.1.6 UAE: Ready Mix Concrete Market -Revenue and Forecast to 2028
8.1.1.6.1 UAE: Ready Mix Concrete Market, by End-Use
8.1.1.7 Nigeria: Ready Mix Concrete Market -Volume and Forecast to 2028
8.1.1.8 Nigeria: Ready Mix Concrete Market -Revenue and Forecast to 2028
8.1.1.8.1 Nigeria: Ready Mix Concrete Market, by End-Use
8.1.1.9 Egypt: Ready Mix Concrete Market -Volume and Forecast to 2028
8.1.1.10 Egypt: Ready Mix Concrete Market -Revenue and Forecast to 2028
8.1.1.10.1 Egypt: Ready Mix Concrete Market, by End-Use
8.1.1.11 Rest of Middle East and Africa: Ready Mix Concrete Market -Volume and Forecast to 2028
8.1.1.12 Rest of Middle East and Africa: Ready Mix Concrete Market -Revenue and Forecast to 2028
8.1.1.12.1 Rest of Middle East and Africa: Ready Mix Concrete Market, by End-Use
9. Industry Landscape
9.1 Overview
9.2 Market Initiative
9.3 New Product Development
10. Company Profiles
10.1 Vicat SA
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 LafargeHolcim
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Buzzi Unicem S.p.A
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 CEMEX S.A.B. DE C.V.
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 HEIDELBERGCEMENT AG
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 ULTRATECH CEMENT LTD.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
11. Appendix
11.1 About the Publisher
11.2 Glossary of Terms
List of Tables
Table 1. MEA Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
Table 2. MEA Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa Ready Mix Concrete Market, by End Use - Volume and Forecast to 2028 (Million Cubic Meter)
Table 4. South Africa Ready Mix Concrete Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia Ready Mix Concrete Market, by End Use - Volume and Forecast to 2028 (Million Cubic Meter)
Table 6. Saudi Arabia Ready Mix Concrete Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 7. UAE Ready Mix Concrete Market, by End Use - Volume and Forecast to 2028 (Million Cubic Meter)
Table 8. UAE Ready Mix Concrete Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 9. Nigeria Ready Mix Concrete Market, by End Use - Volume and Forecast to 2028 (Million Cubic Meter)
Table 10. Nigeria Ready Mix Concrete Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 11. Egypt Ready Mix Concrete Market, by End Use - Volume and Forecast to 2028 (Million Cubic Meter)
Table 12. Egypt Ready Mix Concrete Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Middle East and Africa Ready Mix Concrete Market, by End Use - Volume and Forecast to 2028 (Million Cubic Meter)
Table 14. Rest of Middle East and Africa Ready Mix Concrete Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 15. Glossary of Terms
List of Figures
Figure 1. MEA Ready Mix Concrete Market Segmentation
Figure 2. MEA Ready Mix Concrete Market Segmentation - By Country
Figure 3. MEA Ready Mix Concrete Market Overview
Figure 4. MEA Ready Mix Concrete Market, By End Use
Figure 5. MEA Ready Mix Concrete Market, By Country
Figure 6. MEA Porter's Five Forces Analysis
Figure 7. MEA Ready Mix Concrete Market - Ecosystem
Figure 8. MEA Expert Opinion
Figure 9. MEA Ready Mix Concrete Market Impact Analysis of Drivers and Restraints
Figure 10. MEA Ready Mix Concrete Market - Volume and Forecast to 2028 (Million Cubic Meter)
Figure 11. MEA Ready Mix Concrete Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. MEA Ready Mix Concrete Market Revenue Share, By End Use (2021 and 2028)
Figure 13. Residential: MEA Ready Mix Concrete Market - Volume and Forecast To 2028 (Million Cubic Meter)
Figure 14. Residential: MEA Ready Mix Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 15. Commercial: MEA Ready Mix Concrete Market - Volume and Forecast To 2028 (Million Cubic Meter)
Figure 16. Commercial: MEA Ready Mix Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 17. Others: MEA Ready Mix Concrete Market - Volume and Forecast To 2028 (Million Cubic Meter)
Figure 18. Others: MEA Ready Mix Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 19. Middle East and Africa: Ready Mix Concrete Market, by Key Country - Revenue (2021) (US$ Million)
Figure 20. Middle East and Africa: Ready Mix Concrete Market Revenue Share, by Key Country (2021 and 2028)
Figure 21. South Africa: Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
Figure 22. South Africa: Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 23. Saudi Arabia: Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
Figure 24. Saudi Arabia: Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 25. UAE: Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
Figure 26. UAE: Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 27. Nigeria: Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
Figure 28. Nigeria: Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 29. Egypt: Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
Figure 30. Egypt: Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of Middle East and Africa: Ready Mix Concrete Market -Volume and Forecast to 2028 (Million Cubic Meter)
Figure 32. Rest of Middle East and Africa: Ready Mix Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned
- Vicat SA
- LafargeHolcim
- Buzzi Unicem S.p.A
- CEMEX S.A.B. DE C.V.
- HeidelbergCement AG
- ULTRATECH CEMENT LTD.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 102 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 36404.32 Million |
| Forecasted Market Value ( USD | $ 44003.29 Million |
| Compound Annual Growth Rate | 3.2% |
| Regions Covered | Africa, Middle East |
| No. of Companies Mentioned | 6 |
