The Africa Green Cement Market size is estimated at 283.90 kilotons in 2024, and is expected to reach 385.5 kilotons by 2029, growing at a CAGR of greater than 6% during the forecast period (2024-2029).
The outbreak of the COVID-19 pandemic in 2020 slowed construction and building activities in Africa, leading to decreased demand for green cement. The pandemic made the governments impose travel restrictions and other regulations that caused challenges such as disruption in the supply chain and low demand. However, the conditions started recovering in 2021, restoring the market's growth.
Over the short term, growing construction projects in major African economies like South Africa and Egypt, favorable government policies for the usage of green cement, and availability of raw materials are major factors driving the growth of the market studied.
However, the lack of awareness of the use of green cement and the rising cost of construction is likely to restrain the growth of the studied market.
Nevertheless, research and development of novel products as raw materials for green cement will likely create lucrative growth opportunities for the global market.
South Africa represents the largest market over the forecast period due to the increasing adoption of green cement in its construction projects.
The African green cement market is partially consolidated in nature. The major players (not in any particular order) include HOLCIM, AFRISAM, PPC Ltd., East African Portland Cement PLC, and Heidelberg Materials, among others.
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