The cement industry in Nigeria is expected to grow by 3.2% on an annual basis to reach US$ 3.42 billion in 2024.
The medium to long term growth story in country remains intact. The cement industry in country is expected to grow steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, recording a CAGR of 3.3% during 2024-2028. The cement output in the country is expected to increase from US$ 3.31 billion in 2023 to reach US$ 3.89 billion by 2028.
This market intelligence report provides a detailed view of market opportunities in the cement industry. With over 50+ KPIs, covering construction markets, distribution channel, end-user, and products in Nigeria, this databook offering primarily provides data-centric analysis with charts and tables.
In addition, it also provides market size of the cement products and its demand analysis in Nigeria. With over 50+ KPIs at the country level, this report provides comprehensive understanding of market dynamics at a more granular level.
The medium to long term growth story in country remains intact. The cement industry in country is expected to grow steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, recording a CAGR of 3.3% during 2024-2028. The cement output in the country is expected to increase from US$ 3.31 billion in 2023 to reach US$ 3.89 billion by 2028.
This market intelligence report provides a detailed view of market opportunities in the cement industry. With over 50+ KPIs, covering construction markets, distribution channel, end-user, and products in Nigeria, this databook offering primarily provides data-centric analysis with charts and tables.
- Cement Market Dynamics: Provides a comprehensive data-centric view of size and structure, industry dynamics, and cement opportunities in the various end-user segments.
- Distribution Channel: Provides an in-depth analysis of cement distribution channel across products at country level in value terms.
- Cement Products: Provides demand analysis of market by 4 key segments: Portland Cement, Blended Cement, Specialty Cement, and Green Cement. This segment also includes in depth analysis of further sub-segments of 8 cement product types.
Scope
This databook offering provides a detailed data-centric analysis of the cement industry, covering market opportunity, and industry dynamics by cement products and end-user, construction market and distribution channel.In addition, it also provides market size of the cement products and its demand analysis in Nigeria. With over 50+ KPIs at the country level, this report provides comprehensive understanding of market dynamics at a more granular level.
Nigeria Cement Outlook: 10-year market size & forecast in value and volume
Nigeria Cement Outlook by product type: 10-year market size & forecast in value and volume
- Portland cement
- Blended Cement
- Portland Cement
- Specialty Cement
- Green Cement
Nigeria Cement Market by type of Portland Cement, 2019-2028
- Type IS (X), Portland-Slag Cement
- Type IP (X), Portland-Pozzolan Cement
- Type IL (X), Portland-Limestone Cement
- Type IT, Ternary Blended Cement
Nigeria Cement Market by type of Specialty Cement, 2019-2028
- Rapid Hardening Cement
- High Alumina Cement
- White Cement
- Sulphate Resistant Cement
- Others
Nigeria Cement Market by Key Markets, 2019-2028
- Residential Buildings
- Non-Residential Buildings
- Infrastructure & Other Markets
Nigeria Cement Market by Distribution Channel, 2019-2028
- Direct Channel
- Indirect Channel
Nigeria Cement Market by End-User, 2019-2028
- Ready-Mix Concrete Producers
- Consumers
- Concrete Product Manufacturers
- Other End Users
Nigeria Cement Market Share by Key Players, 2023
Nigeria Cement Market Top Import Destinations, 2023
Nigeria Cement Market Top Export Destinations, 2023
Reasons to buy
- Provide In-depth Understanding of Cement Market Dynamics: Market opportunity, industry dynamics, key trends, restraints and drivers across 50+ market segments.
- In Detail Segmentation of Cement Product Analysis: This report provides demand analysis for four segments of the cement market (Portland, Blended, Specialty, Green) covering 8 cement products, end-users (residential, non-residential, infrastructure), and distribution channels.
- Develop Market-Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market-specific key trends, drivers, and risks in the cement industry.
- Market Share Analysis: Understand the competitive landscape by identifying key players and their market share.
- Import & Export Data: Gain insights into cement trade by knowing the top import and export destinations.
Table of Contents
1. About this Report
2. Nigeria Cement Industry Dynamics and Growth Prospects
3. Nigeria Cement Market Dynamics by type
4. Nigeria Blended Cement Type Demand Analysis and Outlook
5. Nigeria Speciality Cement Type Demand Analysis and Outlook
6. Nigeria Cement Dynamics and Outlook by Distribution Channel
7. Nigeria Cement Dynamics and Outlook by Markets
8. Nigeria Residential Cement Market Dynamics and Outlook
9. Nigeria Non-Residential Cement Market Dynamics and Outlook
10. Nigeria Infrastructure & Other Cement Market Dynamics and Outlook
11. Nigeria Cement Dynamics and Outlook by End-User
13. Nigeria Construction Cement Import and Export Analysis by Countries
List of Figures
List of Tables
