East Africa Cement Market Overview 2018, Demand by Type, Application, Share and Forecast to 2023 - PowerPoint PPT Presentation

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East Africa Cement Market Overview 2018, Demand by Type, Application, Share and Forecast to 2023

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he East Africa cement market reached a volume of US$ 14.4 Million Tons in 2017. The cement market possesses vast opportunities in East African countries on account of soaring population and inflating income levels in the region. – PowerPoint PPT presentation

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Title: East Africa Cement Market Overview 2018, Demand by Type, Application, Share and Forecast to 2023


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    Ongoing Infrastructural Projects Bolstering
East Africa Cement Market

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Report Description and Highlights
Report Description
Ongoing Infrastructural Projects Bolstering East
Africa Cement Market The East Africa cement
market has been witnessing a healthy growth over
the past few years. This can be accredited to
mounting construction activities owing to the
rising household incomes of the population,
support from government and upcoming construction
projects in different countries of East
Africa. IMARC Groups recent report, titled
East Africa Cement Market Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2018-2023, estimated that the East Africa cement
market reached a volume of US 14.4 Million Tons
in 2017. The cement market possesses vast
opportunities in East African countries on
account of soaring population and inflating
income levels in the region. This is also
stimulating infrastructural activities in both
the residential as well as commercial sector. As
a result, various foreign investors are diving in
the construction sector and supporting the local
cement industries by organizing various training
programmes. Besides this, the region is also
witnessing several technological advancements
which is leading to a higher production of cement
in the region.
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Report Description and Highlights
Report Description
East Africa Cement Market Drivers The
consumption of cement in Ethiopia has been
primarily driven by the federal governments
five-year Growth and Transformation Plan (GTP)
which helped the country in achieving around
11-15 annual economic growth between 2010-2015.
In line with this, the government invested
heavily in infrastructure and transport sectors.
Construction of the Grand Ethiopian Renaissance
Dam, six rail networks, and hydroelectric
projects like Gilgel-Gibe III Dam and Genale Dawa
III Dam have majorly boosted the consumption of
cement in the region. Moreover, the ongoing
construction of Bukasa Inland Port and the
development of Entebbe International Airport in
Uganda are creating a positive outlook for the
cement industry. Thus, East Africa cement
industry is envisaged to experience a positive
growth owing to the aforementioned factors as
well as some of the other forces like improvement
in fleet management and rising penetration in
remote areas. Looking forward, the market volume
is projected to reach US 22.2 Million Tons by
2023, expanding at a CAGR of 7.5 during
2018-2023. Read more here https//www.imarcgrou
p.com/east-africa-cement-market
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Report Description and Highlights
Report Description
  • East Africa Cement Market Summary
  • Based on type, Portland cement is the most
    popular product type, accounting for the majority
    of the total market share. This is due to its
    vast range of applications in grout fillings,
    concrete projects, etc. Portland cement is
    followed by blended cement and others.
  • On the basis of application, the market has been
    divided into the residential, commercial and
    infrastructure sector. Currently, the residential
    sector holds the largest market share owing to a
    rise in the demand for better housing facilities
    from the middle-class population.
  • Region-wise, Ethiopia represents the leading
    market for cement in East Africa. Ascending
    infrastructure and construction activities in the
    region has largely contributed to the growth of
    the market in the region. Apart from Ethiopia,
    other major markets include Tanzania, Uganda,
    Rwanda, Burundi and Kenya.
  • The competitive landscape of the market has also
    been examined in the report. It has been found
    that the East Africa cement market is highly
    fragmented with the presence of several players.
    Some of the key players operative in the market
    include Bamburi Cement Limited, ARM Cement Plc,
    EAPCC, Dangote Cement Plc and Mombasa Cement
    Limited.
  • Want more information about this market? Request
    a free report sample
  • https//www.imarcgroup.com/request?typereportid
    1050flagB

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Report Description and Highlights
Browse More Related Reports  White Cement
Market https//www.imarcgroup.com/white-cement-ma
nufacturing-plant Cement Market
https//www.imarcgroup.com/cement-manufacturing-pl
ant
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Report Description and Highlights
Report Description

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otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
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Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
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any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
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trademarks of their respective companies.
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