Cement Market in Saudi Arabia to grow at a CAGR of 5.14% over the period 2014-2019.

Deerfield Beach, FL -- (SBWire) -- 09/03/2015 --Cement Market in Saudi Arabia to grow at a CAGR of 5.14% over the period 2014-2019. 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 governments 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.

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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.

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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

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Market Driver

Boom in Housing Projects in Saudi Arabia
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Market Challenge

Lack of Robust Freight Facilities
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Market Trend

Construction of New Production Facilities for Cement Production
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