Saudi Arabia's Cement Sector Sees Growth

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Researched by Industrial Info Resources (Sugar Land, Texas)--Saudi Arabia's cement market is expected to experience steady growth due to a resurgence in construction activities. Cement demand for Saudi Arabia is expected to grow to 49.4 million tonnes for 2024, 50.9 million tonnes for 2025 and 52.4 million tonnes for 2026, necessitating significant capacity expansions or imports in the coming years.

Industrial Info is tracking more than US$1.8 billion worth of active cement projects in Saudi Arabia. Among the largest of these is the addition of a third kiln at Southern Province Cement Company's plant in Jizan, which is expected to begin construction later this year and be completed by the end of 2025. The project will boost the plant's production capacity to 3 million tonnes per year. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can click here for the full report.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).