Africa Green Cement and Concrete Market Outlook
According to the report by Expert Market Research (EMR), the Africa green cement and concrete market share reached a value of approximately USD 485.1 million in 2022. Aided by the increasing demand for sustainable building materials and the expanding applications of green cement and concrete in various sectors, the market is projected to further grow at a CAGR of 10.7% between 2023 and 2028 to reach a value of USD 867.9 million by 2028.
Green cement is an environment-friendly variant of traditional cement, which generates a lower carbon footprint during production. It is typically used in the manufacture of concrete, a primary material in construction. The green variant of cement plays an instrumental role in creating sustainable buildings and infrastructure, which are efficient in energy use, water use, and material use, and offer improved indoor environmental quality. Besides its environmental benefits, green cement also possesses exceptional strength and durability, making it a valuable component in various construction applications.
The increasing preference for environmentally sustainable construction materials is driving the Africa green cement and concrete market growth. With the growing awareness of the environmental impact associated with traditional cement production, there has been a significant shift towards more sustainable building materials, leading to a surge in demand for green cement and concrete-based products. Additionally, the rising trend of green buildings and sustainable architecture has further contributed to the increasing popularity of green cement and concrete, as these materials are essential in the construction of such structures.
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The expanding applications of green cement and concrete in various sectors also play a significant role in propelling the Africa green cement and concrete market development. In the construction industry, green cement and concrete are used in building residential, commercial, and industrial structures, offering improved durability and lower environmental impact. Moreover, these green materials are also being increasingly used in infrastructure projects like bridges, roads, and dams.
Further, the growing demand for energy-efficient buildings in the African market has led to an increased focus on green cement and concrete as vital materials for such constructions. With the rise of environmental consciousness and the increasing popularity of sustainable building practices, green cement and concrete have emerged as key components in the formulation of energy-efficient and low carbon footprint buildings, thereby boosting the Africa green cement and concrete market expansion.
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Africa Green Cement and Concrete Market Segmentation
The market can be divided based on type, raw material, end use, and country.
Market Breakup by Type
- Green Cement
- Green Concrete
Market Breakup by Raw Material
- Fly Ash Based
- Ground Granulated Blast-Furnace Slag based
- Silica Fume Based
- Others
Market Breakup by End Use
- Commercial
- Residential
- Infrastructure
- Industrial
Market Breakup by Country
- Nigeria
- South Africa
- Egypt
- Morocco
- Kenya
- Algeria
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the Africa green cement and concrete companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- East African Portland Cement Company (EAPCC)
- Buzzi Unicem S.p.A.
- PPC Ltd
- Suez Cement Group of Companies
- Afrisam (South Africa) Properties (Pty) Ltd
- Holcim Ltd.
- CEMEX S.A.B. DE C.V.
- Others
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