NIGERIA CEMENT MARKET
INTRODUCTION
Cement is a binder, a chemical used in construction that binds things together by setting, hardening, and adhering to them. In most cases, cement is used to bond sand and gravel (aggregate), not on its own.
Mortar for masonry is made from cement mixed with fine aggregate, and concrete is made from cement combined with sand and gravel. Concrete is the most often utilised substance on earth and the second most-consumed resource after water .
Construction cement is typically inorganic, frequently lime or calcium silicate based, and can be classified as either hydraulic or non-hydraulic depending on how well it sets in the presence of water (see hydraulic and non-hydraulic lime).
The dry materials and water in hydraulic cements, such as Portland cement, react chemically to set and become adhesive. Mineral hydrates, which are formed as a result of the chemical reaction and are not particularly water soluble, are quite durable in water and resistant to chemical attack.
This makes it possible to set in damp environments or under water and further shields the material against chemical attack.
NIGERIA CEMENT MARKET SIZE AND FORECAST
The NIgeria Cement 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
Most cement is sold in bulk, some of it is sold in bags. Cement brands are widely available, with the Dangote brand holding a respectable amount of the market share.
The primary consumers of cement in Northern Nigeria include building contractors, construction firms, block-making businesses, and private citizens.
Despite his relatively recent entry into the industry, Dangote is currently by far Nigeria’s biggest cement producer.Nigeria’s second-largest manufacturer is Lafarge Africa.
It has five factories spread over four locations: Ewekoro and Sagamu in Ogun State, Mfamosing in Cross River State, and Ashaka in Gombe State. It is a subsidiary of the Holcim Group5, the largest cement producer in the world.
Natural gas, imported and domestic coal, as well as some domestic petroleum6, have historically been used in Nigeria’s cement industry to provide heat for the co-processing of limestone into clinker, the primary component of cement.
Although there are plenty of fossil fuels in Nigeria, Lafarge Africa has taken the lead among the nation’s cement manufacturers in increasing the usage of bioenergy.
COMPANY PROFILE
- Tercy Technologies Limited.
- Zubik Block Industry.
- Lafarge Cement Wapco Nigeria Plc.
- Lafarge Wapco Cement Plc.
- Bua Group
- United Cement Company Of Nigeria Limited
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- What is the average cost per NIgeria Cement market right now and how will it change in the next 5-6 years?
- Average cost to set up a Cement market in the Nigeria?
- How many NIgeria Cement market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- What is happening in the overall public, globally?
- Cost breakup of a NIgeria Cement market and key vendor selection criteria
- Where is the NIgeria Cement market manufactured? What is the average margin per equipment?
- Market share of NIgeria Cement market manufacturers and their upcoming products
- The most important planned NIgeria Cement market in next 2 years
- Details on network of major NIgeria Cement market and pricing plans
- Cost advantage for OEMs who manufacture NIgeria Cement market in-house
- 5 key predictions for next 5 years in NIgeria Cement market
- Average B-2-B NIgeria Cement market price in all segments
- Latest trends in NIgeria Cement market, by every market segment
- The market size (both volume and value) of NIgeria Cement market in 2022-2030 and every year in between?
- Global production breakup of NIgeria Cement market, by suppliers and their OEM relationship
