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West Africa Cement Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The West Africa cement market is currently witnessing steady growth. Cement, or Portland cement, refers to a construction material obtained by combining various finely ground minerals that appear rock-like when mixed with water, sand, or grave. It is extensively used as a critical building material in the mass construction of civil works, dwellings and industrial estates. Cement manufacturing is an energy-intensive process, which makes it uneconomical if transported over long distances. In West Africa, the cement industry is witnessing positive growth on account of various favorable initiatives undertaken by governments and rising investments by new market entrants.

The West Africa cement market is primarily driven by the continuously rising population, resulting in the increasing demand for shelter, infrastructure and services. Along with this, there have been several construction projects in the pipeline, including housing, railways, roads, metro systems, ports, and water and energy projects across the region. Besides this, the One Belt One Road (OBOR) and other foreign-funded projects are also expected to increase the demand for cement across the region. Moreover, the governments are rapidly investing in road development by introducing West Africa Road Infrastructure and Investment Forum 2021 (#WARIIF21). This will bring the key financiers, investors, multilateral investment institutions, government ministries, regulators, public and private sector stakeholders to fund and execute infrastructure projects, thereby providing a positive outlook for the market. Other factors such as rapid urbanization and industrialization, and technological advancements in the process of cement production are further bolstering the market growth. On account of these factors, the market is expected to continue its steady growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the West Africa cement market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type and end use.

Breakup by Type:

  • Blended
  • Portland
  • Others
     

Breakup by End Use:

  • Residential
  • Commercial
  • Infrastructure
     

Breakup by Country:

  • Nigeria
  • Cote d’Ivoire
  • Senegal
  • Mali
  • Republic of Benin
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

  • How has the West Africa cement market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the West Africa cement market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the West Africa cement market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    West Africa Cement Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Type
    6.1    Blended
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Portland
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by End Use
    7.1    Residential
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Commercial
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Infrastructure
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Country
    8.1    Nigeria
        8.1.1 Market Trends
        8.1.2 Market Breakup by Type
        8.1.3 Market Breakup by End Use
        8.1.4 Market Forecast
    8.2    Cote d’Ivoire
        8.2.1 Market Trends
        8.2.2 Market Breakup by Type
        8.2.3 Market Breakup by End Use
        8.2.4 Market Forecast
    8.3    Senegal
        8.3.1 Market Trends
        8.3.2 Market Breakup by Type
        8.3.3 Market Breakup by End Use
        8.3.4 Market Forecast
    8.4    Mali
        8.4.1 Market Trends
        8.4.2 Market Breakup by Type
        8.4.3 Market Breakup by End Use
        8.4.4 Market Forecast
    8.5    Republic of Benin
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis
    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Policy and Regulatory Landscape
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players

List of Figures

Figure 1: West Africa: Cement Market: Major Drivers and Challenges
Figure 2: West Africa: Cement Market: Volume Trends (in Million Tons), 2015-2020
Figure 3: West Africa: Cement Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 4: West Africa: Cement Market: Breakup by Type (in %), 2020
Figure 5: West Africa: Cement Market: Breakup by End Use (in %), 2020
Figure 6: West Africa: Cement Market: Breakup by Country (in %), 2020
Figure 7: West Africa: Cement (Blended) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 8: West Africa: Cement (Blended) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 9: West Africa: Cement (Portland) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 10: West Africa: Cement (Portland) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 11: West Africa: Cement (Other Types) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 12: West Africa: Cement (Other Types) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 13: West Africa: Cement (Residential) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 14: West Africa: Cement (Residential) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 15: West Africa: Cement (Commercial) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 16: West Africa: Cement (Commercial) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 17: West Africa: Cement (Infrastructure) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 18: West Africa: Cement (Infrastructure) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 19: Nigeria: Cement Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 20: Nigeria: Cement Market: Breakup by Type (in %), 2020
Figure 21: Nigeria: Cement Market: Breakup by End Use (in %), 2020
Figure 22: Nigeria: Cement Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 23: Cote d’Ivoire: Cement Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 24: Cote d’Ivoire: Cement Market: Breakup by Type (in %), 2020
Figure 25: Cote d’Ivoire: Cement Market: Breakup by End Use (in %), 2020
Figure 26: Cote d’Ivoire: Cement Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 27: Senegal: Cement Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 28: Senegal: Cement Market: Breakup by Type (in %), 2020
Figure 29: Senegal: Cement Market: Breakup by End Use (in %), 2020
Figure 30: Senegal: Cement Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 31: Mali: Cement Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 32: Mali: Cement Market: Breakup by Type (in %), 2020
Figure 33: Mali: Cement Market: Breakup by End Use (in %), 2020
Figure 34: Mali: Cement Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 35: Republic of Benin: Cement Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 36: Republic of Benin: Cement Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 37: Others: Cement Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 38: Others: Cement Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 39: West Africa: Cement Industry: SWOT Analysis
Figure 40: West Africa: Cement Industry: Value Chain Analysis
Figure 41: West Africa: Cement Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: West Africa: Cement Market: Key Industry Highlights, 2020 and 2026
Table 2: West Africa: Cement Market Forecast: Breakup by Type (in Million Tons), 2021-2026
Table 3: West Africa: Cement Market Forecast: Breakup by End Use (in Million Tons), 2021-2026
Table 4: West Africa: Cement Market Forecast: Breakup by Country (in Million Tons), 2021-2026
Table 5: West Africa: Cement Market: Competitive Structure
Table 6: West Africa: Cement Market: Key Players

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