East Africa Cement Market to Reach US$ 2,967.0 Million by 2032, Impelled by Increasing Number of Construction Activities

March 16, 2023 | Chemical & Materials

According to the latest report by IMARC Group, titled "East Africa Cement Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032," the East Africa cement market size reached US$ 2,631.7 Million in 2023. Cement is an essential material utilized in the construction industry, which is a binding material used to prepare concrete and mortar. It is produced from a mixture of materials that are ground together to form a powder. It is mixed with water and becomes a hard substance that is utilized in the construction of buildings, bridges, roads, and factories. It is manufactured from a combination of clay, limestone, and other materials that are heated to very high temperatures, which results in a fine powder. It is gaining widespread prominence across East Africa due to its numerous advantages, such as durability, and water- and fire-resistance, thus making it an ideal material for construction activities.

East Africa Cement Market Trends:

The market in East Africa is majorly driven by significant growth in the construction sector. This can be supported by the rising requirement to construct buildings across the educational and healthcare industries. Since cement is an extremely versatile material and can be utilized for a variety of purposes, from the simple filling of cracks and holes to the construction of large structures, this is propelling the product demand across the region. Along with this, the emerging trend of the nuclear family is impelling the need for residential spaces, such as private bungalows and studio apartments, which is significantly supporting the market. Apart from this, several initiatives undertaken by the governments across the numerous industry verticals are acting as another growth-inducing factor. For instance, various large-scale infrastructure programs are being introduced in multiple countries of East Africa in compliance with long-term government development plans. In addition, the widespread integration of advanced technologies in the manufacturing process of cement is positively influencing the market. Moreover, the growing utilization of green cement in the construction of sustainable and eco-friendly buildings to minimize harmful emissions is creating a positive market outlook. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 2,967.0 Million by 2032, exhibiting a CAGR of 1.33% during 2024-2032.

Market Summary:

On the basis of the type, the market has been segmented into Portland, blended, and others. Currently, Portland cement exhibits a clear dominance in the market.
Based on the application, the market has been classified into residential, commercial and infrastructure. Among these, the residential sector represents the largest application segment.
On the basis of the region, the market has been categorized into Ethiopia, Kenya, Tanzania, Uganda, Sudan, Rwanda and others. Presently, Kenya holds the leading position in the market.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of the key players include Bamburi Cement Limited, ARM Cement PLC, East African Portland Cement PLC (EAPC), Dangote Cement Plc, and Mombasa Cement Limited.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million, Million Tons
Segment Coverage	Type, Application, Country
Countries Covered	Ethiopia, Kenya, Tanzania, Uganda, Sudan, Rwanda, Others
Companies Covered	Bamburi Cement Limited, ARM Cement PLC, East African Portland Cement PLC (EAPC), Dangote Cement Plc, and Mombasa Cement Limited
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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East Africa Cement Market to Reach US$ 2,967.0 Million by 2032, Impelled by Increasing Number of Construction Activities

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