Top 8 Companies Dominating the Saudi Arabia Concrete Market

The Saudi Arabia concrete market size attained a volume of approximately 236.68 MMT in 2023. The market is further estimated to grow at a CAGR rate of 3.70% in the forecast period of 2024-2032, reaching a volume of around 328.77 MMT by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by the expansion of the construction sector.

Concrete, a mixture of cement, water, and aggregates is adopted in construction projects due to its affordability, durability and mouldability. In 2023, Saudi Arabia had an installed cement capacity of 85 million tons per year (Mt/yr), supported by 17 companies operating 22 active cement plants. In 2022, total production reached 52.6 Mt/yr, reflecting a capacity utilisation rate of just over 60%. The kingdom is entirely self-sufficient in clinker production and does not import clinker or cement. Instead, it exports 4 to 5 Mt/yr of clinker, primarily to countries in Africa and Asia. Additionally, Saudi Arabia imposes a 5% import duty on cement, which renders imported cement relatively uncompetitive compared to local products. The country also exports between 2.0 and 2.5 Mt/yr of cement to various nations in Africa and Asia.

As per the Saudi Arabia concrete market analysis, cement consumption in Saudi Arabia is predominantly concentrated in urban areas such as Riyadh, Jeddah, and Dammam, with the central region accounting for approximately 35% of the nation’s total cement consumption. The distribution of demand is significantly influenced by levels of urbanisation and population density.

Table:  Saudi Arabia FDI by Economic Activity (2022)  (SAR Billion)

As per market analysis, the expansion of the construction sector is supporting the Saudi Arabia concrete market growth.

Saudi Arabia is poised to emerge as the world's largest construction market, driven by significant investments in projects designed to overhaul and diversify the economy. This growth can be attributed to Saudi Arabia’s Vision 2030 National Development Plan, which highlights the government’s substantial investments in infrastructure development. The Public Investment Fund, Saudi Arabia's sovereign wealth fund, supports the sector, which serves as a key financier and sponsor for major giga-projects. Notable initiatives include Neom, a USD 500 billion futuristic city; Red Sea Global, a USD 23.6 billion sustainability-focused luxury tourism project along the Red Sea coast; and Qiddiya, a USD 9.8 billion entertainment and leisure city, among others.

In October 2024, Nizak Mining Company, a subsidiary of City Cement, entered into a partnership with Next Generation SCM to establish an innovative joint venture focused on producing low-carbon concrete in Saudi Arabia. The venture will inaugurate the kingdom's first production facility for calcined clay supplementary cementitious materials (SCM), with an initial annual capacity of 350,000 tons, aiming to double this capacity by the second year.

Top 8 Concrete Companies in Saudi Arabia:

Abdel Hadi Abdullah Al Qahtani & Sons Group of Companies

Abdel Hadi Abdullah Al Qahtani & Sons Group of Companies is a privately owned company in Saudi Arabia engaging in industries such as aviation, oil and gas, water and chemicals, and vehicles and machinery. Through their subsidiary Al-Qahtani Dharan Hills, the company provides concrete ready mix, concrete precast, concrete stoppers and concrete barriers and concrete mattresses for offshore.

Al Amam Factory for Concrete and Bricks

Al Amam Factory for Concrete and Bricks Company is a division of Al Amam Group of Companies. The company has three Batching Plant in Abu hadiriyah road in Damam and Jubail with a totally capacity of more than 220 Cubic meters per hour. Moreover, the plants have more than 32 Transit Mixers, 8 Concrete Pumps, Chiller plants and fully equipped labs in accordance with BS and ASTM.

Al Fahd Company

Based in Saudi Arabia the company engages in trading, contracting and industries. In the heavy industry, the company operate ready-mix concrete plants alongside various other manufacturing facilities. This includes the production of asphalt, curbstones, blocks, interlocking pavers, and aggregates sourced from their crusher plants. The company’s products are approved by Ministry of Communication, Municipalities and Saudi Aramco.

Al Falwa Concrete Limited

Al Falwa operates 13 concrete plants and has workforce of over 500 covering administrative functions, operations and technical staff. The company is certified by SASO - Saudi Quality Mark, ISO 9001 – 2015, and NRMCA, also Class A Certified from Riyadh Amana for high quality of ready-mix concrete. The company's network of factories is supported by a fleet of 140 transit mixer trucks and 50 mobile and stationary pumps.

Al Houssain & Al Afaliq Company HACO

Al Houssain & Al Afaliq Company HACO is a leading supplier of high-quality ready-mix concrete, masonry and insulated blocks, and aggregate in Saudi Arabia. The company has completed 2000 projects and has 1995 contracts. Currently, the company has a production capacity of 800 cubic meter per hour. The company is the approved vendor of SAUDI ARAMCO, Saudi Electricity Company SEC, and the Ministry of Communications in the area.

Alian Industry Company

Alian Industry Company is a closed joint-stock company based in Riyadh specialised in the field of manufacture and production of ready-mix concrete and Emmedue building panels. The company offers plain concrete, reinforced concrete, and high strength reinforced concrete. Alian Industry Company operates two BHS mixing plants, each with a production capacity of 120 cubic meters per hour. Both facilities are managed in accordance with their technical specifications at their site in Riyadh.

Sharqmix – Al Sharq Ready-Mix Concrete

Sharqmix – Al Sharq Ready-Mix Concrete is engaged in concrete production. The company offers a wide variety of concretes including conventional concrete, air entrained concrete, water resistant concrete, high early strength concrete, flow concrete, light weight insulating concrete, perlite concrete, fiber reinforced concrete, shotcretes, foam concrete, self-compacting concretes, mortar mix, soilcretes, and shotcretes. The company operates two fully computerized batching plants with a production capacity of 240 cubic meters per hour each.

Bina Ready-Mix Concrete Products

Bina Holding is an industrial investment group engaged in the production and supply of Ready-Mix concrete in Saudi Arabia. The company’s products include ready mix, shot concrete and foam concrete. The facilities and plants of the company are ISO 9001 certified and comply with Saudi Aramco’s standards. The production facilities of the company include state-of-the-art machinery and advanced manufacturing equipment based on the latest technologies.