U.A.E. Construction Material Market Size

U.A.E. Construction Material Market Future Prospects

The U.A.E. construction material market will generate an estimated revenue of USD 16.2 billion in 2024, which is expected to witness a CAGR of 3.5% during 2024–2030, to reach USD 20.0 billion by 2030. The rapid urbanization in the country, diversification of the economy, and growing demand for sustainable materials are responsible for the growth of the market.

The construction material market is expanding in the U.A.E. due to the increasingly ambitious infrastructure, industrialization, and government initiatives to replace conventional construction materials with sustainable materials. The rapid increase of urban population in the region is also driving the growth of the market. UAE has a registered population of 10.24 million in 2024, which is continuously rising among the total population; 9 million is urban and 1.24 million is rural.