DUBLIN–( BUSINESS WIRE )–The "East Africa Cement Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com’s offering.
The East Africa cement market reached a volume of US$ 4.55 Billion in 2020. Looking forward, the publisher expects the East Africa cement market to exhibit strong growth during the next five years.
Companies Mentioned Bamburi Cement Limited
ARM Cement PLC
East African Portland Cement PLC (EAPC)
Dangote Cement Plc
Mombasa Cement Limited
Cement is an economical, high-quality material that is widely utilized in the construction industry across the globe. It is a fine powder made by heating a ground mixture of clay and limestone at a high temperature. Cement is mixed with water and used as a binding material in the construction industry. It can be categorized into hydraulic and non-hydraulic, depending upon its ability to set under the presence of water.
Amongst these, non-hydraulic cement reacts with the carbon dioxide present in the environment to set on the surface and offers optimal resistance against chemicals. On the other hand, hydraulic cement hardens quickly due to a chemical reaction between water and dry ingredients. In East Africa, the cement industry is witnessing positive growth on account of various favorable initiatives undertaken by governments and rising investments by new market entrants.
Over the last few years, several large-scale infrastructure programs have been launched across various countries of the East Africa region in compliance with long-term development plans of their respective governments. Some of these plans include Vision Djibouti 2035 that aims to transform Djibouti into a logistics and commercial hub by expanding existing ports and developing new deep-water harbors.
Moreover, to improve the residential sector, the regulatory authorities have started introducing major housing projects in the region. For instance, the Government of Kenya plans to provide minimum 500,000 affordable homes in all major cities by 2022, which, in turn, is expected to create approximately 350,000 jobs. Other than this, the rising traffic safety concerns and the development of roads and urban infrastructure have actively aided the market growth of cement in East Africa. In Uganda, for example, the upcoming Bukasa port construction project, the development of Entebbe International Airport, and the remodeling of the Malaba-Kampala railway route into a standard gauge line are significantly contributing to the growth of the cement industry. Key Questions Answered in This Report: How has the East Africa cement […]