Gulf Corporation Council Cement Market Size, Share & Trends by 2032
According to research conducted by Future Market Insights on the GCC Cement market , demand for cement to reach a valuation of US$ 12,651.2 Mn by the end of the forecast period. Due to population growth, there is a greater need for residential structures. Along with the GCC Countries, this has increased the demand for cement globally. A market for the consumption of goods has been created by the increasing demand for public infrastructure and non-residential buildings, such as hospitals and healthcare facilities. As a result, the expanding construction industry is driving up demand in the market. Cement is a widely used construction material, which plays an important role in the industry. The growth of the construction industry is the major factor that may affect the market. As the construction & infrastructural projects increase, the demand for cement increases. Increasing government expenditure on such projects will help the cement market to witness sales boom. The mar