Middle East & Africa Ready Mix Concrete Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by End Use (Residential, Commercial, and Others)

Description

List of Tables

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.

Vicat SA; LafargeHolcim; Buzzi Unicem S.p.A; CEMEX S.A.B. DE C.V.; HeidelbergCement AG; and ULTRATECH CEMENT LTD. are the leading companies operating in the Middle East & Africa ready mix concrete market.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa ready mix concrete market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa ready mix concrete market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa ready mix concrete market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

Product Code: BMIRE00027988

1. Introduction

1.1 Study Scope
1.2 The Insight Partners 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 Insight Partners
11.2 Glossary of Terms