NIGERIA BUILDING MATERIALS MARKET

 

INTRODUCTION

Both natural and artificial building materials are frequently employed in Nigeria. They are employed at all phases of a building or structure’s life for construction, development, and maintenance. The longevity of building materials used in the construction sector has improved dramatically over time.

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Historically, animal hides that were prone to rotting and twigs, leaves, and other natural materials were frequently utilised for construction.

 

There will be a need for water, lots and plenty of water, on a building site from the moment a cement bag is opened. It is impossible to emphasise the value of water as a construction material. The kind and quantity of water used in the construction of a structure determines its very strength.

 

NIGERIA BUILDING MATERIALS MARKET SIZE AND FORECAST

 

The Nigeria Building Materials Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

 

MARKET DYNAMICS/ NEW PRODUCT

The National Integrated Infrastructure Master Plan (NIIMP), a 30-year infrastructure plan, was started by the Federal Government to encourage and boost activity in the industry to address Nigeria’s housing need.

 

The NIIMP is anticipated to reduce the current housing gap of 17 million homes by constructing at least 700,000 homes annually as opposed to the present 2,000 homes created each year.

 

Engr. Chukwugozie Okeke, a building engineer, praised many government attempts to lower construction costs and address the nation’s housing shortage in an exclusive interview with Science Nigeria.

 

The promotion of the use of alternative construction materials, he continued, is one of the main ways the nation can lower the high cost of conventional building materials like concrete, cement, and steel.

 

COMPANY PROFILE

  • TAOFEEK NIGERIA ENTERPRISES 
  • BCMart-Nigeria
  • Iya ISLAMIAT BUILDING MATERIAL
  • Josvin Building Material Nigeria Limited
  • Gabmary Company Nigeria Limited

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. What is the average cost per Nigeria Building Materials Market right now and how will it change in the next 5-6 years?
  2. Average cost to set up a Building Materials market in Nigeria?
  3. How many Nigeria Building Materials Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  4. What is happening in the overall public, globally?
  5. Cost breakup of a Nigeria Building Materials Market and key vendor selection criteria
  6. Where is the Nigeria Building Materials Market  manufactured? What is the average margin per equipment?
  7. Market share of Nigeria Building Materials Market manufacturers and their upcoming products
  8. The most important planned Nigeria Building Materials Market in next 2 years
  9. Details on network of major Nigeria Building Materials Market and pricing plans
  10. Cost advantage for OEMs who manufacture Nigeria Building Materials Market in-house
  11. 5 key predictions for next 5 years in Nigeria Building Materials Market
  12. Average B-2-B Nigeria Building Materials Market price in all segments
  13. Latest trends in Nigeria Building Materials Market, by every market segment
  14. The market size (both volume and value) of Nigeria Building Materials Market in 2022-2030 and every year in between?
  15. Global production breakup of Nigeria Building Materials Market, by suppliers and their OEM relationship. 
Sl no Topic
1 Market Segmentation
2 Scope of the report
3 Abbreviations
4 Research Methodology
5 Executive Summary
6 Introduction
7 Insights from Industry stakeholders
8 Cost breakdown of Product by sub-components and average profit margin
9 Disruptive innovation in the Industry
10 Technology trends in the Industry
11 Consumer trends in the industry
12 Recent Production Milestones
13 Component Manufacturing in US, EU and China
14 COVID-19 impact on overall market
15 COVID-19 impact on Production of components
16 COVID-19 impact on Point of sale
17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2030
18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030
19 Market Segmentation, Dynamics and Forecast by Application, 2022-2030
20 Market Segmentation, Dynamics and Forecast by End use, 2022-2030
21 Product installation rate by OEM, 2022
22 Incline/Decline in Average B-2-B selling price in past 5 years
23 Competition from substitute products
24 Gross margin and average profitability of suppliers
25 New product development in past 12 months
26 M&A in past 12 months
27 Growth strategy of leading players
28 Market share of vendors, 2022
29 Company Profiles
30 Unmet needs and opportunity for new suppliers
31 Conclusion
32 Appendix

 

 

 

 

 

 

 

 

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