Monday 12 January 2015

Rapid Growth of Construction Industry Stimulating Growth in the Cement Market in Saudi Arabia

Reportstack has announced a new market research report on the Cement Market in Saudi Arabia 2015-2019, which is expected to grow rapidly during the period 2014-2019, posting a CAGR of 5.14 percent.
The Cement market in Saudi Arabia is economical in terms of cost-competitiveness compared to other countries in the world. The raw materials required for the production of cement are available in ample quantities, and the fuel used for heating the kiln feed is also available at a subsidized rate.
“The government is investing heavily in the country’s infrastructure development and major emphasis is placed on the development of public transit systems,” .
“The government is investing heavily in the development of healthcare centers and educational institutes in Saudi Arabia.”

Key Market Drivers
Boom in Housing Projects in Saudi Arabia
Increased Investment in Transportation Sector
Development of Economic Cities in Saudi Arabia

Key Market Trends
Construction of New Cement Production Facilities
Increased Use of Blended Cement
Modernization of Cement Production Systems

Key Market Vendors
Al Safwa Cement Co.
Eastern Province Cement Co. Ltd.
Yamama Cement Co. Ltd.
Yanbu Cement Co. Ltd.

To define the market circumstances in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

To view the table of contents and know more details please visit Cement Market in Saudi Arabia 2015-2019.

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