Jan 27 2015
Cement is the most essential raw material for the construction industry. For a rapidly growing country like Saudi Arabia, huge investments in infrastructure by the government is boosting the demand for cement. Saudi Arabia, the largest economy in the Middle East, is focusing on diversifying the economy to non-oil sectors. Therefore, the government is emphasizing on investment in various construction projects, mainly power and transportation.
The government's aggressive plans to construct 'Economic Cities' in the country is expected to give a further boost to the Cement market in Saudi Arabia, which is currently on a growth path.
TechNavio's analysts forecast the Cement market in Saudi Arabia to grow at a CAGR of 5.14 percent over the period 2014-2019.
Covered in this Report
The report covers the current scenario and the growth prospects of the Cement market in Saudi Arabia for the period 2015-2019. The market size has been calculated based on the current and upcoming construction projects planned in the country.
The report presents the key vendors and a detailed analysis of the key vendors present in the market. In addition, it discusses the major drivers that influence the growth, the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.
Key Vendors
• Al Safwa Cement Company
• Eastern Province Cement
• Yamama Cement
• Yanbu Cement
Other Prominent Vendors
• Najran Cement Company
• Saudi Cement Company
• Southern Province Cement Company
• Tabuk Cement Company
Market Driver
• Boom in Housing Projects in Saudi Arabia
• For a full, detailed list, view our report
Market Challenge
• Lack of Robust Freight Facilities
• For a full, detailed list, view our report
Market Trend
• Construction of New Production Facilities for Cement Production
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
Download the full report: https://www.reportbuyer.com/product/2621936/
Source: http://www.reportbuyer.com