IMARC Group’s recent report, titled “East Africa Cement Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, estimated that The East Africa Cement Market reached a value of US$ 2,553 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 2,782 Million by 2027, exhibiting at a CAGR of 1.36% during 2022-2027. Cement is an economical, high-quality binding agent that forms an essential component in the construction industry activities. It is a fine powder that is manufactured by calcining a ground mixture of clay and limestone at a high temperature. Cement is extensively used in the construction industry. It is Widely available in two types, namely hydraulic and non-hydraulic cement, that are extensively used for varied building applications relying upon its ability to set under the presence of water.
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Competitive Landscape:
The competitive landscape of the market has also been examined in the report. It has been found that the East Africa cement market is highly fragmented with the presence of several players. Some of the key players operating in the market include Bamburi Cement Limited, ARM Cement Plc, EAPCC, Dangote Cement Plc and Mombasa Cement Limited.
East Africa Cement Industry Trends:
The East Africa cement market is primarily driven by the increasing uptake of large-scale residential and commercial construction projects across the region. These projects are yet to be completed in a long-term course and requiring very high amounts of cement for their construction. Coupled with , thus driving the demand for premium cement. In line with this, the rapid expansion of various infrastructural development e projects, such as the development of roads and , developing existing ports, and designing new deep-water harbors and urban infrastructure, are this is creating providing a positive outlook for the market. Some of the other factors providing an impetus to the market growth are include the growing population, large-scale migration, inflating income levels, rising traffic safety concerns, and rapid industrialization.the rising popularity of green construction across the region and the launch of numerous product variants with quick-drying formulations and enhanced strength.
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East Africa Cement Market 2022-2027 Analysis and Segmentation:
Breakup by Type:
- Portland
- Blended
- Others
Breakup by Application:
- Residential
- Commercial
- Infrastructure
Breakup by Region:
- Ethiopia
- Kenya
- Tanzania
- Uganda
- Rwanda and Burundi
- Others
Key Highlights of the Report:
- Market Performance 2016-2021
- Market Outlook 2022-2027
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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