Increase in Cement Imports Encouraging Growth Prospects in the Cement Market in Qatar: Technavio Report

Renewable energy


London, 02 July 2015: Technavio, the independent tech-focused global research firm, has published a report on the cement market in Qatar 2015-2019, which is estimated to grow at a CAGR of 14.21% during 2014-2019.

“Cement manufacturers are planning to expand their production facilities to address the increasing demand from various construction projects,” says Faisal Ghaus, Vice President of Technavio.

“It is estimated that the demand for cement will increase to 14.3 million tons per annum by the end of 2019, whereas the production capacity is likely to be around 8.1 million tons per annum.

Key Market Drivers

  • Increase in Construction Activities
  • Investments in Transportation Infrastructure
  • Investments in Healthcare and Education Infrastructure
  • Upcoming Sporting Event

Key Market Trends

  • Expansion of Production Facilities
  • Increase in Cement Imports
  • Advanced Storage Facilities

Key Market Vendors

  • Qatar National Cement Company
  • Qatari Investors Group

To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.…