The ‘Saudi Arabia Construction Sand Market Price, Size, Share, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the Saudi Arabia construction sand market, assessing the market on the basis of its segments like types and applications.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.
Saudi Arabia Construction Sand Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
• Historical Market Size (2022): Around 157.97 MMT
• Forecast CAGR (2023-2028): 3.80%
• Forecast Market Size (2028): Nearly 198.02 MMT
A major factor driving the Saudi Arabia construction sand market is the growing construction activities in Saudi Arabia. Increased investments in infrastructural projects such as commercial places, bridges, roads, airports, and utilities, among others, also promote the market growth. Furthermore, a rise in urbanisation is surging the construction of residential and commercial spaces, which drives the demand for construction sand.
Synthetic sand accounts for a significant market share owing to its widespread usage in various construction projects. This sand is produced from the crushing and processing of waste granules and is a preferable alternative to natural sand, which causes river pollution. Moreover, its high stability, absence of organic compounds, and ability to withstand extreme weather conditions make it suitable for construction projects. Favourable government initiatives to support the production of synthetic sand and meet the growing demand from various infrastructural projects also positively influence the market share.
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The surge in the real estate sector in the country is also an important factor that affects the Saudi Arabia construction sand market owing to the usage of sand in real estate construction. Moreover, rising tourism in the country further boosts the demand for hotels and resorts, which also provides growth opportunities to the market.
Saudi Arabia Construction Sand Industry Definition and Major Segments
Sand is a naturally occurring material which consists of finely divided rocks and mineral particles and comes in varying sizes and properties. Construction sand refers to the sand that is commonly used in construction applications such as establishing a building’s foundation, production of concrete and mortar, and road construction, among others.
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On the basis of type, the market is classified into:
• Natural Sand
• Synthetic Sand
Based on application the Saudi Arabia construction sand market is categorised into:
• Foundry
• Construction
• Ceramics and Refractories
• Glass Manufacturing
• Others
Saudi Arabia Construction Sand Market Trends
A key trend propelling the growth of the Saudi Arabia construction sand market is the growing usage of sustainable construction solutions in the country. The utilisation of recycled aggregates as an alternative to natural sand to reduce the depletion of natural resources also favours market growth.
Growing technological advancements such as enhanced sand processing and extraction methods further support the market. Moreover, increased usage of construction sand in the glass sector for manufacturing lightweight glazing glass and flat glass, among others, is also expected to bolster the demand for construction sand.
The rising usage of sand in the ceramic sector is also expected to augment the market growth as sand is utilised in ceramic tiles. Their growing usage of ceramic tiles in spaces such as shopping complexes, office buildings and restaurants owing to their aesthetic appeal in Saudi Arabia is expected to accelerate the market growth in the forecast period.
Favourable government initiatives such as Vision 2030 aimed at enhancing construction activities are expected to catalyse the demand for sand. Furthermore, efforts by market players to improve the quality of their construction sand and stay ahead of their competitors also provide ample opportunities to boost the market value in the coming years.
Key Market Players
The major players in the Saudi Arabia construction sand market report are
• Modern Building Material Company
• BMS (Gharbalah Industrial Co.)
• Adwan Chemical Industries Co. Ltd.
• Thrrat Factory for The Industry
• Mohammed Hadi Al-Rasheed & Co.
• Muadinoon Mining Company
• Al Salam Al Ma’asi Co. (ASAMCO)
• Delmon Group
• White Sand Industry Company
• Others
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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