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MENA Cement Market Report and Forecast 2024-2032

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    Report

  • 221 Pages
  • December 2023
  • Region: Africa, Middle East
  • Expert Market Research
  • ID: 5921445
According to the report, the MENA cement market is projected to grow at a CAGR of 5.5% between 2024 and 2032. Aided by the surging infrastructural developments and the revival of economic stability in key MENA nations, the market is expected to grow significantly by 2032.

Cement, primarily composed of limestone and clay, is a fundamental ingredient in the construction industry. It serves as a binder in concrete, which is vital in building robust infrastructural elements such as roads, buildings, and bridges. The MENA region, with its aggressive urbanisation, infrastructural developments, and a strategic focus on tourism and trade, is heavily reliant on cement for its construction demands.

One of the core drivers for the MENA cement market growth is the increased emphasis on infrastructure and housing projects. Countries like Saudi Arabia, the UAE, and Egypt have undertaken monumental infrastructural projects, such as the NEOM city in Saudi Arabia and the New Administrative Capital in Egypt. Such ventures not only act as a testament to the region's commitment to development but also solidify the pivotal role of cement.

As per the MENA cement market analysis, the region's strategic goal to diversify its economy beyond oil has necessitated significant investments in non-oil sectors. This move towards diversification is palpably seen in the construction of commercial hubs, trade zones, and tourism projects. As a result, the demand for cement, being integral to these projects, has soared.

Simultaneously, the adoption of sustainable building practices in the MENA region is pushing manufacturers to innovate and produce eco-friendly cement varieties and propel the MENA cement market demand. The environmental concerns associated with traditional cement production processes have fostered research into alternative raw materials and energy-efficient methods, adding another dimension to the market's dynamics. Moreover, cement manufacturers in the region are also innovating and aiming for greener production processes, which is expected to further augment the market growth.

The rise in public-private partnerships (PPPs) is one of the crucial MENA cement market trends shaping the market expansion. As governments recognise the benefits of shared risks and expertise, these partnerships have become instrumental in furthering infrastructure projects, indirectly influencing the cement market positively.

Market Segmentation

The market can be divided based on type, end use, and country.

Market Breakup by Type

  • Blended
  • Portland
  • Others

Market Breakup by End Use

  • Residential
  • Commercial

Market Breakup by Country

  • Saudi Arabia
  • United Arab Emirates
  • Bahrain
  • Kuwait
  • Iraq
  • Algeria
  • Egypt
  • Libya
  • Morocco
  • Others.

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the MENA cement market. Some of the major players explored in the report are as follows:
  • CEMEX S.A.B. de C.V.
  • Dangote Cement Plc.
  • InterCement
  • HeidelbergCement AG
  • CNBM International Corporation
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 MENA
7 Opportunities and Challenges in the Market
8 MENA Cement Market Analysis
8.1 Key Industry Highlights
8.2 MENA Cement Historical Market (2018-2023)
8.3 MENA Cement Market Forecast (2024-2032)
8.4 MENA Cement Market by Type
8.4.1 Blended
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Portland
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Others
8.5 MENA Cement Market by End Use
8.5.1 Residential
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Commercial
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 MENA Cement Market by Country
8.6.1 Saudi Arabia
8.6.2 United Arab Emirates
8.6.3 Bahrain
8.6.4 Kuwait
8.6.5 Iraq
8.6.6 Algeria
8.6.7 Egypt
8.6.8 Libya
8.6.9 Morocco
8.6.10 Others
9 Regional Analysis
9.1 Saudi Arabia
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 United Arab Emirates
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Bahrain
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Kuwait
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Iraq
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.6 Algeria
9.6.1 Historical Trend (2018-2023)
9.6.2 Forecast Trend (2024-2032)
9.7 Egypt
9.7.1 Historical Trend (2018-2023)
9.7.2 Forecast Trend (2024-2032)
9.8 Libya
9.8.1 Historical Trend (2018-2023)
9.8.2 Forecast Trend (2024-2032)
9.9 Morocco
9.9.1 Historical Trend (2018-2023)
9.9.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code - 2523)
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 CEMEX S.A.B. de C.V.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Dangote Cement Plc.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 InterCement
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 HeidelbergCement AG
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 CNBM International Corporation
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. MENA Cement Market: Key Industry Highlights, 2018 and 2032
2. MENA Cement Historical Market: Breakup by Type (MMT), 2018-2023
3. MENA Cement Market Forecast: Breakup by Type (MMT), 2024-2032
4. MENA Cement Historical Market: Breakup by End Use (MMT), 2018-2023
5. MENA Cement Market Forecast: Breakup by End Use (MMT), 2024-2032
6. MENA Cement Historical Market: Breakup by Country (MMT), 2018-2023
7. MENA Cement Market Forecast: Breakup by Country (MMT), 2024-2032
8. Major Exporting Countries by Value
9. Major Importing Countries by Value
10. Major Exporting Countries by Volume
11. Major Importing Countries by Volume
12. MENA Cement Market Structure

Companies Mentioned

  • CEMEX S.A.B. de C.V.
  • Dangote Cement Plc.
  • InterCement
  • HeidelbergCement AG
  • CNBM International Corporation

Methodology

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