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 $886.8 million in 2021. Looking forward, IMARC Group expects the market to reach a value of $1,607.3 Million by 2027 exhibiting to 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.
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.
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|Base Year: 2021|
|Forecast Year: 2022-2027|
Important Attribute and highlights of the Report:
- Detailed analysis of the market share
- market segmentation
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- competitive landscape
- Strategies of major players and product offerings
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.
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.
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Africa Green Cement Market 2022-2027 Analysis and Segmentation:
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 these top key players include:
Afrisam, CEMEX SAB de CV, CIMPOR Côte d’Ivoire (Cimpor Global Holdings BV), Lafarge (Holcim), and Suez Cement (Heidelberg Cement Group).
The report has segmented the market on the basis of region, product type and end use industry.
Market Breakup by Product Type:
- Fly Ash Based
- Silica Fume-Based
Market Breakup by End Use Industry:
Breakup by Country:
- south africa
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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
- 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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