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North Africa Cement Market Report by Type (Blended, Portland, and Others), End Use (Residential, Commercial, Infrastructure), and Country 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A3192
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Market Overview:
The North Africa cement market size reached 161.7 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 463.9 Million Tons by 2032, exhibiting a growth rate (CAGR) of 12% during 2024-2032.
|
Report Attribute
|
Key Statistics
|
|---|---|
|
Base Year
|
2023
|
|
Forecast Years
|
2024-2032
|
|
Historical Years
|
2018-2023
|
|
Market Size in 2023
|
161.7 Million Tons |
|
Market Forecast in 2032
|
463.9 Million Tons |
| Market Growth Rate (2024-2032) | 12% |
Cement is a grey inorganic substance that forms a vital ingredient in concrete. It is manufactured by heating and grinding a mixture of clay and shale and is made of compounds, such as tricalcium, silicate, dicalcium silicate, tricalcium aluminate, and tetra-calcium aluminoferrite. Cement is an excellent building material that is known for its binding ability, durability, strength and cost-effectiveness compared to its alternatives. In North Africa, cement forms an essential part of the construction industry and is used in building bridges, dams, tunnels and fencing posts.
The North Africa cement market is primarily driven by a significant rise in construction and infrastructural development activities. The cement production capacity utilization is at a higher rate in the region since the present growth in cement consumption exceeds the expansion plan for new cement plants. Besides this, the rapid population growth has resulted in an increased demand for residential spaces, which is facilitating the construction of housing complexes. Additionally, the development of mega infrastructural development projects, such as dams, roads, and airports, especially in Egypt, Algeria and Morocco, is significantly impacting the market growth. Furthermore, regional governments are investing heavily in existing infrastructure projects and green buildings to minimize CO2 emissions.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North Africa cement market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on type and end use.
Breakup by Type:
- Blended
- Portland
- Others
Breakup by End Use:
- Residential
- Commercial
- Infrastructure
Breakup by Country:
- Algeria
- Egypt
- Libya
- Morocco
- Sudan
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | Million Tons |
| Segment Coverage | Type, End Use, Country |
| Countries Covered | Algeria, Egypt, Libya, Morocco, Sudan, Others |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
| 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) |
The North Africa cement market reached a volume of 161.7 Million Tons in 2023.
We expect the North Africa cement market to exhibit a CAGR of 12% during 2024-2032.
The rising number of construction activities pertaining to the development of mega infrastructure projects, such as dams, roads, airports, etc., is primarily driving the North Africa cement market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several North African nations, resulting in the temporary halt in numerous construction activities, thereby negatively impacting the North Africa market for cement.
On a regional level, the market has been classified into Algeria, Egypt, Libya, Morocco, Sudan, and others, where Algeria currently dominates the North Africa cement market.
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