Qatar cement market is anticipated to reach a valuation of US$ 937.7 million in 2022. Sales of cement in the peninsula are expected to witness a CAGR of 5.2% between 2022 and 2032. By 2032, the market is projected to reach a valuation of US$ 1,550.9 million. With high demand from residential and commercial buildings, sales of cement are expected to witness significant growth during the forecast period.
Cement market in Qatar is expected to witness sprightly growth over the forecast period owing to consistency from numerous industries including, marine, construction, and others. Doha and Al Rayyan are anticipated to lead the Qatar market during the projected period. Rising infrastructural activities and government investments will fuel the market in Qatar.
The market for construction materials has consistently expanded throughout time immemorial. Favorable economic circumstances in numerous countries are to credit for the same. Public-private partnerships will have high prospects as large-scale infrastructure projects are anticipated to move forward quickly in the construction sector.
In the next ten years, markets in emerging countries are expected to create new opportunities for a variety of foreign players to enter the local market. This might present substantial opportunities for local companies to work together. They will be able to start joint ventures or even be acquired by renowned companies seeking to establish a foothold in the domestic market.
It is anticipated that the projected rise in healthcare spending would encourage renovation of healthcare facilities. It will in turn fuel demand for building materials such as cement throughout the projection period. To equip schools with cutting-edge technology and promote a collaborative learning environment for students, spending on educational institutions and schools is anticipated to increase as well.
| Attributes | Key Insights |
|---|---|
| Qatar Cement Market Estimated Size (2022E) | US$ 937.7 million |
| Projected Market Valuation (2032F) | US$ 1,550.9 million |
| Value-based CAGR (2022 to 2032) | 5.2% |
| Collective Value Share: Top 3 Countries in Qatar (2022E) | 79.8% |
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Qatar cement market witnessed a CAGR of 1.9% during the historical period between 2022 and 2032. The market was predominantly driven by expansion of the construction industry as the country was preparing to host the World Cup. Consistent demand was witnessed from residential and commercial buildings.
Cement demand has been steadily increasing as construction and infrastructure projects have expanded. According to current projections, Qatar cement market is expected to surge at a 5.2% CAGR between 2022 and 2032.
Government funding will be critical in stimulating the construction sector during the projected period. The government intends to diversify its economy and create infrastructure by weaning itself off of its reliance on the oil & gas sector. To diversify its economy, Qatar has established economic free zones that would attract enterprises from all over the world.
In Qatar, the construction industry has been one of the innovative ways to diversify the economy. It aims to create new possibilities and lessen reliance on the oil & gas sector. The construction sector has surged to be Qatar's largest non-mineral industry. Since the country was selected to host the 2022 FIFA World Cup, the construction sector has contributed 15% of Qatar’s GDP, according to the Information Technology Agreement (ITA).
After hosting the FIFA World Cup 2022, Qatar is investing heavily in becoming a commercial hub in the Middle East in the next ten years. It is anticipated that after the FIFA World Cup, the government is expected to invest in transport infrastructure to transform Qatar.
Demand for commercial developments and hotels is expected to increase owing to rising number of tourist arrivals. Hence, Qatar Tourism Authority is anticipated to invest a heavy amount of money in tourism infrastructure.
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Increasing Real Estate Pricing May Hamper Demand for Quick Cement Mix in Qatar
Few raw materials used in the manufacturing of cement are chalk, limestone, shale, shells, silica sand, and clay. Environment and human health are both negatively impacted by its manufacturing in several ways. Inhaling dust particles can irritate the throat and nose, and make breathing challenging. Cement manufacturing also generates a substantial amount of pollution.
The third-largest industrial polluter, according to the USA Environmental Protection Agency, is the cement industry. This is because it emits more than 500 kilotons per year of carbon monoxide, sulphur dioxide, and nitrogen oxide. Governments put numerous environmental laws on the cement manufacturing process as a result of these considerations. Owing to these factors, it is projected that it may slow market expansion.
With strict regulations imposed by the government, soaring real estate pricing is also one of the other factors that may hinder growth. Real estate prices have been gradually rising as developers try to maintain profit margins in the face of recovering demand and rising construction costs.
Numerous companies still require employees to work at least part of the time in the office. Whereas, few people are willing to relocate to big cities. Hence, urban housing markets are changing and rental costs are rising.
Surging Demand for Luxury Homes in Doha to Propel Sales of Heat Resistant Cement
Doha cement market size was valued at US$ 365.5 million in 2021. It is expected to elevate at a CAGR of 5.1% during the forecast period. Doha is considered to be the economic center of Qatar. It houses the headquarters of numerous international and domestic organizations, including big oil and gas players. The city has a well-developed infrastructure and brilliant architecture.
High per capita income results in a luxurious lifestyle. Hence, advanced and luxury homes are prominent in the real estate sector. Due to the pandemic's emphasis on the value of a property, there was a surging demand for large homes with luxurious facilities.
Interest in luxury living with a variety of facilities has increased as a result of being cooped up in their homes for an extended time amid the pandemic. Families are opting for homes with small office/home office (SOHO) alternatives due to issues such as remote work and education.
Luxury apartment projects, luxury residences, and villa developments are all seeing a surge in terms of sales. With implementation of Real Estate Regulatory Authority (RERA) in the sector, Non Resident Indians (NRIs) are seeing it as a profitable alternative to investment. It has provided high regulatory controls, enhanced transparency, and increased consolidation. This will help in pushing the construction industry, which will further enable the cement market to surge.
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Need for Fast Drying Cement to Surge among Civic Infrastructure Development Companies
Qatar is experiencing significant growth in terms of civic infrastructure developments. There are potential growth prospects as the government is investing significantly in infrastructure projects. There is also adequate supply of raw materials, finance, labor, and employment in Qatar.
The FIFA World Cup 2022, for instance, is a mega event that transcends boundaries. Hosting the FIFA World Cup has given Qatar boundless fame, visibility, and exposure. It has also increased its prominence. The government allocated more than US$ 100 billion to set up the infrastructure for this mega event.
Renovation of the stadium and construction of other facilities were also planned. Renovation of roads, ports, bridges, and tunnels took place. The success of this gala event has attracted tourists to Qatar. Qatar has been investing and continues to invest in modernizing its infrastructure.
Continuous investment from the Qatar government and diversification of investment are a few other factors that would boost sales. Goal to reduce dependency on the oil & gas sector and other developments are key factors responsible for the construction industry’s expansion. It is eventually helping the cement market to expand. The civic infrastructure segment is expected to escalate at a CAGR of 5.5% during the forecast period.
Qatar cement market has a presence of certain key players along with medium and small-scale players. Key players are holding prominent shares in the market, whereas the remaining share is distributed among other companies.
Key players are actively focusing on acquisitions, mergers, and expansion of production facilities to cater to the surging need for cement. These developmental activities will strengthen market positions of key players at the global, as well as regional level. Cement manufacturers are also focusing on reducing carbon dioxide emissions as cement manufacturing processes emit a huge amount of hazardous gases.
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| Attribute | Details |
|---|---|
| Estimated Market Size (2022) | US$ 937.7 million |
| Projected Market Valuation (2032) | US$ 1,550.9 million |
| Value-based CAGR (2022 to 2032) | 5.2% |
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | Value (US$ million) and Volume (Kilo Tons) |
| Key Countries Covered | Al Shamal, Al Khor, Al Sheehaniya, Umm Salal, Al Dhaayen, Doha, Al Rayyan and Al Wakrah. |
| Key Segments Covered | Product Type, End Use, and Country |
| Key Companies Profiled | Southern Province Cement Company; Yanbu Cement Company; Yamama Cement Company; Qatar National Cement Company; Arabian Cement Company; Najran Cement Company; Al Khalij Cement Company; United Gulf Cement Company; ALJABOR CEMENT INDUSTRIES CO-HOLCIM |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Market Dynamics and Challenges, and Strategic Growth Initiatives |
None, as Qatar is not located in Asia; it is located in the Middle East.
Construction and Infrastructure are the Key Consumers of Qatar's Cement Market
Specific growth figures can vary, but the Qatar cement market is expected to expand due to ongoing construction projects and infrastructure development.
Trends include sustainable construction practices, increased focus on energy efficiency, and the adoption of advanced technologies in cement production.
The market is adopting greener practices, such as using alternative fuels and implementing carbon capture technologies, to reduce its environmental footprint.
1. Executive Summary | Qatar Cement Market
1.1. Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
2.3. Product Type Specifications
2.3.1. Quality
2.3.2. Packaging
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies
5. Qatar Market Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032
5.1. Historical Market Volume (Kilotons) Analysis, 2017 to 2021
5.2. Current and Future Market Volume (Kilotons) Projections, 2022 to 2032
5.3. Y-o-Y Growth Trend Analysis
6. Qatar Market - Pricing Analysis
6.1. Pricing Analysis By Product Type
6.2. Average Pricing Analysis Benchmark
7. Qatar Market Demand (in Value or Size in US$ million) Analysis 2017 to 2021 and Forecast, 2022 to 2032
7.1. Historical Market Value (US$ million) Analysis, 2017 to 2021
7.2. Current and Future Market Value (US$ million) Projections, 2022 to 2032
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Macro-Economic Factors
8.1.1. Global Economic Outlook
8.1.2. Qatar Industry Value-Added Overview
8.1.3. Qatar Major Infrastructure Projects
8.1.4. Qatar Population Overview
8.1.5. Global Construction Spending Overview
8.1.6. Other Macro-Economic Factors
8.2. Forecast Factors - Relevance and Impact
8.2.1. Top Companies Historical Growth
8.2.2. GDP Growth forecast
8.2.3. Research and Technology Developments
8.2.4. Government Expenditure in Construction and Infrastructure Development
8.2.5. Volatility of Raw Material Pricing
8.2.6. End-Use Industries Growth Outlook
8.3. Value Chain Analysis
8.3.1. Raw Material Suppliers
8.3.2. Product Manufacturers
8.3.3. List of Probable End Users
8.4. COVID-19 Crisis – Impact Assessment
8.4.1. Current Statistics
8.4.2. Short-Mid-Long Term Outlook
8.4.3. Likely Rebound
8.5. Market Dynamics
8.5.1. Drivers
8.5.2. Restraints
8.5.3. Opportunity Analysis
8.6. Supply Demand Analysis
8.7. Key Regulation
9. Qatar Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ million) and Volume Analysis By Product Type, 2017 to 2021
9.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Product Type, 2022 to 2032
9.3.1. Ordinary Portland Cement
9.3.1.1. OPC 33 Grade
9.3.1.2. OPC 43 Grade
9.3.1.3. OPC 53 Grade
9.3.2. Portland Pozzolana Cement (PPC)
9.3.3. Sulphate Resistant Portland Cement
9.3.4. Blended Cement
9.3.5. White Cement
9.3.6. Portland Slag Cement (PSC)
9.3.7. Super Grade Cement
9.3.8. Hydrophobic Portland Cement
9.4. Market Attractiveness Analysis By Product Type
10. Qatar Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ million) and Volume Analysis By End Use, 2017 to 2021
10.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By End Use, 2022 to 2032
10.3.1. Residential and Commercial Building
10.3.1.1. Drainage System
10.3.1.2. Beams and Pillars
10.3.1.3. Stairs
10.3.1.4. Roofs and Walls
10.3.1.5. Foundations
10.3.1.6. Others
10.3.2. Civic Infrastructure
10.3.2.1. Dams and Ports
10.3.2.2. Roads
10.3.2.3. Bridges
10.3.2.4. Tunnels
10.3.2.5. Culverts and Sewers
10.3.2.6. Power Plants
10.3.3. Industrial and Marine Construction
10.4. Market Attractiveness Analysis By End Use
11. Qatar Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
11.1. Introduction
11.2. Historical Market Size (US$ million) and Volume Analysis By Region, 2017 to 2021
11.3. Current Market Size (US$ million) and Volume Analysis and Forecast By Region, 2022 to 2032
11.3.1. Al Shamal
11.3.2. Al Khor
11.3.3. Al Sheehaniya
11.3.4. Umm Salal
11.3.5. Al Dhaayen
11.3.6. Doha
11.3.7. Al Rayyan
11.3.8. Al Wakrah
11.4. Market Attractiveness Analysis By Region
12. Al Shamal Market Analysis 2017 to 2021 and Forecast 2022 to 2032
12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021
12.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2022 to 2032
12.4.1. By Product Type
12.4.2. By End Use
12.5. Market Attractiveness Analysis
12.5.1. By Product Type
12.5.2. By End Use
13. Al Khor Market Analysis 2017 to 2021 and Forecast 2022 to 2032
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021
13.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2022 to 2032
13.4.1. By Product Type
13.4.2. By End Use
13.5. Market Attractiveness Analysis
13.5.1. By Product Type
13.5.2. By End Use
14. Al Sheehaniya Market Analysis 2017 to 2021 and Forecast 2022 to 2032
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021
14.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2022 to 2032
14.4.1. By Product Type
14.4.2. By End Use
14.5. Market Attractiveness Analysis
14.5.1. By Product Type
14.5.2. By End Use
15. Umm Salal Market Analysis 2017 to 2021 and Forecast 2022 to 2032
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021
15.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2022 to 2032
15.4.1. By Product Type
15.4.2. By End Use
15.5. Market Attractiveness Analysis
15.5.1. By Product Type
15.5.2. By End Use
16. Al Dhaayen Market Analysis 2017 to 2021 and Forecast 2022 to 2032
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021
16.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2022 to 2032
16.4.1. By Product Type
16.4.2. By End Use
16.5. Market Attractiveness Analysis
16.5.1. By Product Type
16.5.2. By End Use
17. Doha Market Analysis 2017 to 2021 and Forecast 2022 to 2032
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021
17.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2022 to 2032
17.4.1. By Product Type
17.4.2. By End Use
17.5. Market Attractiveness Analysis
17.5.1. By Product Type
17.5.2. By End Use
18. Al Rayyan Market Analysis 2017 to 2021 and Forecast 2022 to 2032
18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021
18.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2022 to 2032
18.4.1. By Product Type
18.4.2. By End Use
18.5. Market Attractiveness Analysis
18.5.1. By Product Type
18.5.2. By End Use
19. Al Wakrah Market Analysis 2017 to 2021 and Forecast 2022 to 2032
19.1. Introduction
19.2. Pricing Analysis
19.3. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021
19.4. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2022 to 2032
19.4.1. By Product Type
19.4.2. By End Use
19.5. Market Attractiveness Analysis
19.5.1. By Product Type
19.5.2. By End Use
20. Market Structure Analysis
20.1. Market Analysis by Tier of Companies (Cement)
20.2. Market Share Analysis of Top Players
20.3. Apparent Production Capacity of Key Players
21. Competition Analysis
21.1. Competition Dashboard
21.2. Competition Benchmarking
21.3. Competition Deep Dive
21.3.1. Southern Cement
21.3.1.1. Overview
21.3.1.2. Product Portfolio
21.3.1.3. Profitability by Market Segments (Product/Channel/Region)
21.3.1.4. Sales Footprint
21.3.1.5. Strategy Overview
21.3.2. Anhui Conch Cement
21.3.2.1. Overview
21.3.2.2. Product Portfolio
21.3.2.3. Profitability by Market Segments (Product/Channel/Region)
21.3.2.4. Sales Footprint
21.3.2.5. Strategy Overview
21.3.3. Yamama Saudi Cement Company
21.3.3.1. Overview
21.3.3.2. Product Portfolio
21.3.3.3. Profitability by Market Segments (Product/Channel/Region)
21.3.3.4. Sales Footprint
21.3.3.5. Strategy Overview
21.3.4. Yanbu Cement
21.3.4.1. Overview
21.3.4.2. Product Portfolio
21.3.4.3. Profitability by Market Segments (Product/Channel/Region)
21.3.4.4. Sales Footprint
21.3.4.5. Strategy Overview
21.3.5. Arabia cement
21.3.5.1. Overview
21.3.5.2. Product Portfolio
21.3.5.3. Profitability by Market Segments (Product/Channel/Region)
21.3.5.4. Sales Footprint
21.3.5.5. Strategy Overview
21.3.6. Najran Cement
21.3.6.1. Overview
21.3.6.2. Product Portfolio
21.3.6.3. Profitability by Market Segments (Product/Channel/Region)
21.3.6.4. Sales Footprint
21.3.6.5. Strategy Overview
21.3.7. Qatar National Cement Company
21.3.7.1. Overview
21.3.7.2. Product Portfolio
21.3.7.3. Profitability by Market Segments (Product/Channel/Region)
21.3.7.4. Sales Footprint
21.3.7.5. Strategy Overview
21.3.8. Al Khalij Cement Company
21.3.8.1. Overview
21.3.8.2. Product Portfolio
21.3.8.3. Profitability by Market Segments (Product/Channel/Region)
21.3.8.4. Sales Footprint
21.3.8.5. Strategy Overview
21.3.9. United Gulf Cement Company
21.3.9.1. Overview
21.3.9.2. Product Portfolio
21.3.9.3. Profitability by Market Segments (Product/Channel/Region)
21.3.9.4. Sales Footprint
21.3.9.5. Strategy Overview
21.3.10. ALJABOR CEMENT INDUSTRIES CO – HOLCIM
21.3.10.1. Overview
21.3.10.2. Product Portfolio
21.3.10.3. Profitability by Market Segments (Product/Channel/Region)
21.3.10.4. Sales Footprint
21.3.10.5. Strategy Overview
22. Assumptions and Acronyms Used
23. Research Methodology
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Qatar Cement Market
