The report titled “United Arab Emirates Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments for Cement Products, Distribution Channel, Market Share, Import-Export, End Markets – Databook Q1 2024 Update” is now available on ResearchAndMarkets.com.
The UAE cement industry is projected to grow by 3.2% annually, reaching $1.84 billion in 2024. This growth is driven by increased spending on infrastructure and residential projects, which is expected to boost cement consumption over the next few years. Major global firms are eyeing the Emirati market, with UltraTech Cement planning to raise its stake in RAK White Cement Company by May 2024.
To enhance sustainability, Emirates Steel Arkan (ESA) has partnered with Finnish firm Magsort. This collaboration aims to implement innovative solutions at ESA’s Al Ain Cement Factory, targeting a 15% reduction in CO2 emissions through steel slag processing.
Infrastructure investment remains a key growth driver, with Abu Dhabi committing $18 billion to various projects, including housing and tourism. This includes plans for 13,000 homes and significant funding for education and tourism development.
Overall, the cement industry is expected to maintain a positive growth trajectory, with an anticipated CAGR of 3.3% from 2024 to 2028, and output projected to rise from $1.78 billion in 2023 to $2.09 billion by 2028. This market intelligence report provides a detailed analysis of opportunities within the cement sector, featuring over 50 KPIs related to construction markets, distribution channels, and product segments.United Arab Emirates Cement Outlook: 10-Year Market Size & Forecast
Cement Market Overview:
- Overall Outlook: 10-year market size and forecast for value and volume.
Market Segmentation by Product Type:
- Portland Cement
- Blended Cement
- Specialty Cement
- Green Cement
Portland Cement Breakdown (2019-2028):
- Type IS (X): Portland-Slag Cement
- Type IP (X): Portland-Pozzolan Cement
- Type IL (X): Portland-Limestone Cement
- Type IT: Ternary Blended Cement
Specialty Cement Breakdown (2019-2028):
- Rapid Hardening Cement
- High Alumina Cement
- White Cement
- Sulphate Resistant Cement
- Other Types
Key Markets for Cement (2019-2028):
- Residential Buildings
- Non-Residential Buildings
- Infrastructure & Other Markets
Distribution Channel Analysis (2019-2028):
- Direct Channel
- Indirect Channel
End-User Segmentation (2019-2028):
Other End Users
Ready-Mix Concrete Producers
Consumers
Concrete Product Manufacturers
