Blog Information
- Posted By : Vikas Chauhan
- Posted On : Apr 07, 2022
- Views : 119
- Category : General
- Description : The Africa green cement market reached a value of US$ 886.8 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,607.3 Million by 2027 exhibiting a CAGR of 10.50% during 2022-2027.
- Location : United States
Overview
According to the latest report by IMARC Group, titled "Africa Green Cement Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027",the Africa green cement market reached a value of US$ 886.8 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,607.3 Million by 2027 exhibiting a CAGR of 10.50% during 2022-2027.
Green cement refers to an eco-friendly and clean substitute for conventional cement. It is manufactured using a carbon-negative process that employs various industrial by-products and waste materials, such as fly ash, silica fume, aluminosilicates, recycled concrete aggregates, aluminum can fibers, and blast furnace slag. Compared to traditional cement, it offers enhanced thermal and acid resistance, exhibits superior strength, withstands high temperatures, and minimizes environmental pollution by releasing lesser carbon dioxide. As a result, green cement is rapidly gaining traction in Africa to construct buildings, structural columns, bridges, highways, and dams.
Report Metric Historical: 2016-2021 Base Year: 2021 Forecast Year: 2022-2027 Africa Green Cement Market Trends and Drivers:
The Africa green cement market is primarily driven by the expanding construction industry. Additionally, governments of various countries across the region are taking favorable initiatives to promote the uptake of green cement due to the growing environmental concerns among the masses.
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Along with this, the rising investments in the development of the hospitality sector and affordable housing facilities for building greener and smarter cities have catalyzed the demand for green cement. Furthermore, the introduction of innovative technologies to manufacture energy-efficient and improved quality products, such as ultra-high-strength concrete, has accelerated the product adoption rate.
Other factors, including the increasing establishment of green buildings, advancements in surface treatments and admixtures of green cement, rapid urbanization, and ongoing research and development (R&D) activities, are also anticipated to propel the market growth.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Africa Green Cement Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Afrisam, CEMEX S.A.B. de C.V., CIMPOR Côte d'Ivoire (Cimpor Global Holdings BV), Lafarge (Holcim), and Suez Cement (Heidelberg Cement Group).
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The report has segmented the market on the basis of region, product type and end use industry.
Market Breakup by Product Type:
Slag-Based
Limestone-Based
Fly-Ash Based
Silica Fume-Based
Others
Market Breakup by End Use Industry:
Residential
Commercial
Infrastructure
Breakup by Country:
Egypt
Nigeria
Algeria
Morocco
South Africa
Others
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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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
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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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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