Saudi Arabia White Cement market is expected to grow at a significant CAGR during the forecast period. Upcoming mega construction projects announced by the leading authorities and the increasing cost of mortgage loans are the major drivers for the growth of the white cement market in the forecast period.
The Important Elements of Saudi Arabia White Cement Market
Leading authorities are trying to diversify the income sources to reduce their dependency on the oil industry in order to boost the economy of the country in the form of initiatives like Saudi Vision 2030, and Neom City, among others. Saudi Vision 2030 aims to promote the development of infrastructure in the form of housing programs for Saudi families according to their needs and financial capacity.
The government is also providing financing solutions for building residential or commercial spaces that are expected to contribute to the surge in market growth. Leading authorities reduced the waiting time required to own a house and introduced e-platforms like Sakani which increased the access of consumers to real estate. The growing demand for aesthetics in the construction industry supported the growth of the white cement market.
The surge in the demand for decorative material by consumers due to growth in the per capita income and growing affordability for a quality life is fostering the white cement market growth as it is widely used for decoration of the interior and exterior of residential and commercial spaces.
Saudi Arabia White Cement market is segmented into type, pack size, end-use, regional distribution, and company. Based on type, the market can be divided into white Portland cement, white masonry cement, and others. The white Portland cement type segment is expected to dominate the market in the forecast period, 2023-2206. White Portland cement is widely used in the making of colored concrete and mortars. It is also used for the production of white concrete for decorative work as well as for construction activities.
The major players operating in the Saudi Arabia White Cement market
- Saudi White Cement Co and Riyadh Cement Co
- Yanbu Cement Company
- Najran Cement Company
- Southern Province Cement Company
- Eastern Province Cement Company
- Northern Region Cement Company
- Tabuk Cement Company
- Saudi Cement Company
- Al Rashed Cement Company
- Hail Cement Company, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
The Objective of the Study:
- To analyze the historical growth of the market size of Saudi Arabia White Cement market from 2017 to 2020.
- To estimate and forecast the market size of Saudi Arabia White Cement market from 2021 to 2027 and the growth rate until 2027.
- To classify and forecast Saudi Arabia White Cement market based on type, pack size, end-use, regional distribution, and company.
- To identify the dominant region or segment in the Saudi Arabia White Cement market.
- To identify drivers and challenges for Saudi Arabia White Cement market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia White Cement market.
- To identify and analyze the profile of leading players operating in Saudi Arabia White Cement market.
- To identify key sustainable strategies adopted by market players in Saudi Arabia White Cement market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels, and presence of all major players across the globe.
TechSci Research calculated the market size of Saudi Arabia White Cement market using a bottom-up approach, wherein data for various end-user segments was recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.
Key Target Audience:
- White Cement manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policymakers
- Organizations, forums, and alliances related to the White Cement market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type
· Pack Size · End Use |
| Regional scope | Western Region, Northern and Central Region, Eastern Region, Southern Region |
| Key companies profiled | Saudi White Cement Co and Riyadh Cement Co, Yanbu Cement Company, Najran Cement Company, Southern Province Cement Company, Eastern Province Cement Company, Northern Region Cement Company, Tabuk Cement Company, Saudi Cement Company, Al Rashed Cement Company, Hail Cement Company. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, Saudi Arabia White Cement market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Saudi Arabia White Cement Market, By Type:
-
- White Portland Cement
- White Masonry Cement
- Others
- Saudi Arabia White Cement Market, By Pack Size:
- 1Kg
- 5Kg
- 25Kg
- 50Kg
- Saudi Arabia White Cement Market, By End Use:
- Residential
- Commercial
- Industrial
- Infrastructure
- Saudi Arabia White Cement Market, By Region:
o Western Region
o Northern & Central Region
o Eastern Region
o Southern Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia White Cement market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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Table of Content
Product Overview
- Research Methodology
- Impact of COVID-19 on Saudi Arabia White Cement Market
- Executive Summary
- Saudi Arabia White Cement Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (White Portland Cement, White Masonry Cement, and Others)
5.2.2. By Pack Size (1Kg, 5Kg, 25Kg, 50Kg)
5.2.3. By End Use (Residential, Commercial, Industrial, Infrastructure)
5.2.4. By Region
5.2.5. By Company (2021)
5.3. Product Market Map
- Saudi Arabia White Portland Cement Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Pack Size
6.2.2. By End Use
6.2.3. By Region
- Saudi Arabia White Masonry Cement Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Pack Size
7.2.2. By End Use
7.2.3. By Region
- Market Dynamics
8.1. Drivers
8.2. Challenges
- Market Trends & Developments
- Policy & Regulatory Landscape
- Saudi Arabia Economic Profile
- Competitive Landscape
12.1. Company Profiles
12.1.1. Saudi White Cement Co and Riyadh Cement Co
12.1.2. Yanbu Cement Company
12.1.3. Najran Cement Company
12.1.4. Southern Province Cement Company
12.1.5. Eastern Province Cement Company
12.1.6. Northern Region Cement Company
12.1.7. Tabuk Cement Company
12.1.8. Saudi Cement Company
12.1.9. Al Rashed Cement Company
12.1.10. Hail Cement Company
13. Strategic Recommendations