Analysis - by Product Type (Fly Ash Based, Geopolymer, Slag Based, and Others) and End user (Commercial and Public Infrastructure, Industrial, and Residential)
No. of Pages:
76
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Report Code:
BMIRE00029972
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Category:
Manufacturing and Construction
The Middle East & Africa green cement and concrete market is expected to grow from US$ 935.66 million in 2022 to US$ 1,336.59 million by 2030. It is estimated to record a CAGR of 4.6% from 2022 to 2030.
Increasing Concerns for Mitigating Carbon Emissions Globally Drive Middle East & Africa Green Cement and Concrete Market
Cement production is one of the highest carbon-emitting industries, accounting for ~8% of the total global CO2 emissions in 2022 as per the International Energy Agency Report. Cement is among the materials that are an integral part of modern civilization. From high-rise skyscrapers to dams and bridges, from residential homes to industrial buildings and commercial facilities, cement is the backbone of the ecosystem. However, the conventional cement production process involves a huge amount of carbon emission, increasing environmental pollution and fueling climate change worldwide. The harmful effect of conventional cement production is one of the key reasons behind the growing environmental pollution levels. With the growing concern toward environmental protection, different governments are keen on identifying ways to make the cement production industry more sustainable and eco-friendlier. The concept of green cement production from industrial waste is one of the revolutionary ways that has the potential to mitigate the level of greenhouse gas emissions along with the carbon footprint in the cement industry. Middle Eastern governments have taken initiatives to reduce emissions. The UAE plans to attain net zero emissions by 2050, and Saudi Arabia and Bahrain have committed to doing so by 2060. The growing governmental focus on attaining net zero carbon emissions is a significant factor boosting the application of green cement and concrete in the construction industry. The goal of decarbonizing the environment with measures such as using more sustainable and eco-friendly alternatives is one of the major driving factors for the green cement and concrete market.
Middle East & Africa Green Cement and Concrete Market Overview
The green cement and concrete market in the MEA are further segmented into South Africa, Saudi Arabia, and the UAE. The MEA is projected to witness rapid growth in commercialization and industrialization in the coming years. Owing to the continuously expanding construction industry in the Gulf countries, the demand for cement and concrete is rising significantly. Continuous investments and government initiatives to develop infrastructure drive the cement demand. The building landscape in Saudi Arabia is undergoing a dynamic shift driven by growing trends and ambitious initiatives. Th Line, a smart city concept proposed by NEOM near Riyadh in 2020, is one significant project. The US$ 500 billion linear city is expected to redefine urban living and sustainability. This future development spans 170 kilometers and is intended to prioritize sustainability with a commitment to renewable energy and innovative transportation systems. Such initiatives are expected to drive the demand for green cement in the region. The green cement industry emerged as a transformative force in the Middle East & Africa. Cement production in this region has historically been associated with energy- and carbon-intensive methods. However, governments and businesses are recognizing the need for change. Green cement technologies are gradually making inroads, focusing on reducing the construction sector's environmental footprint. These efforts are essential, especially in regions with significant urban development and infrastructure projects, where the demand for sustainable construction materials steadily increases. For instance, in 2023, the UAE unveiled one of the major projects, Burj Binghatti, the world's tallest residential tower. Thus, the factors mentioned above are projected to drive the green cement industry in the region.
Middle East & Africa Green Cement and Concrete Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Green Cement and Concrete Market Segmentation
The Middle East & Africa green cement and concrete market is segmented into product type, end user, and country.
Based on product type, the Middle East & Africa green cement and concrete market is segmented into fly ash based, geopolymer, slag based, and others. The fly ash-based segment held the largest share of the Middle East & Africa green cement and concrete market in 2022.
In terms of end user, the Middle East & Africa green cement and concrete market is segmented into commercial and public infrastructure, industrial, and residential. The commercial and public infrastructure segment held the largest share of the Middle East & Africa green cement and concrete market in 2022.
Based on country, the Middle East & Africa green cement and concrete market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa green cement and concrete market in 2022.
China National Building Material Co Ltd, Anhui Conch Cement Co Ltd, Holcim Ltd, JSW Cement Ltd, Navrattan Green Cement Industries Pvt Ltd, Cemex SAB de CV, and HeidelbergCement AG are some of the leading companies operating in the Middle East & Africa green cement and concrete market.
Middle East & Africa Green Cement and Concrete Strategic Insights
Strategic insights for the Middle East & Africa Green Cement and Concrete provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
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Middle East & Africa Green Cement and Concrete Report Scope
Report Attribute
Details
Market size in 2022
US$ 935.66 Million
Market Size by 2030
US$ 1,336.59 Million
Global CAGR (2022 - 2030)
4.6%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Product Type
Fly Ash Based
Geopolymer
Slag Based
By End user
Commercial and Public Infrastructure
Industrial
Residential
Regions and Countries Covered
Middle East and Africa
South Africa
Saudi Arabia
UAE
Rest of Middle East and Africa
Market leaders and key company profiles
China National Building Material Co Ltd
Anhui Conch Cement Co Ltd
Holcim Ltd
JSW Cement Ltd
Navrattan Green Cement Industries Pvt Ltd
Cemex SAB de CV
HeidelbergCement AG
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Middle East & Africa Green Cement and Concrete Regional Insights
The geographic scope of the Middle East & Africa Green Cement and Concrete refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Identical Market Reports with other Region/Countries
The List of Companies - Middle East & Africa Green Cement and Concrete Market
1. China National Building Material Co Ltd
2. Anhui Conch Cement Co Ltd
3. Holcim Ltd
4. JSW Cement Ltd
5. Navrattan Green Cement Industries Pvt Ltd
6. Cemex SAB de CV
7. HeidelbergCement AG
Frequently Asked Questions
How big is the Middle East & Africa Green Cement and Concrete Market?
The Middle East & Africa Green Cement and Concrete Market is valued at US$ 935.66 Million in 2022, it is projected to reach US$ 1,336.59 Million by 2030.
What is the CAGR for Middle East & Africa Green Cement and Concrete Market by (2022 - 2030)?
As per our report Middle East & Africa Green Cement and Concrete Market, the market size is valued at US$ 935.66 Million in 2022, projecting it to reach US$ 1,336.59 Million by 2030. This translates to a CAGR of approximately 4.6% during the forecast period.
What segments are covered in this report?
The Middle East & Africa Green Cement and Concrete Market report typically cover these key segments-
Product Type (Fly Ash Based, Geopolymer, Slag Based)
End user (Commercial and Public Infrastructure, Industrial, Residential)
What is the historic period, base year, and forecast period taken for Middle East & Africa Green Cement and Concrete Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Green Cement and Concrete Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2030
Who are the major players in Middle East & Africa Green Cement and Concrete Market?
The Middle East & Africa Green Cement and Concrete Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
China National Building Material Co Ltd
Anhui Conch Cement Co Ltd
Holcim Ltd
JSW Cement Ltd
Navrattan Green Cement Industries Pvt Ltd
Cemex SAB de CV
HeidelbergCement AG
Who should buy this report?
The Middle East & Africa Green Cement and Concrete Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Middle East & Africa Green Cement and Concrete Market value chain can benefit from the information contained in a comprehensive market report.
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WHAT'S INCLUDED IN FULL REPORT : Market Dynamics,
Competitive Analysis and Assessment, Define Business Strategies, Market Outlook and
Trends, Market Size and Share Analysis, Growth Driving Factors, Future Commercial
Potential, Identify Regional Growth Engines