Cement Market in Nigeria 2015-2019
| Published: Aug 2015 | Pages: 36 | SKU: IRTNTR6817 |
About cement market in Nigeria
The demand for cement in Nigeria witnessed a healthy growth as a result of large-scale investment in the construction sector. In 2014, the construction sector accounted for 3.58% of the GDP. In 2014, the non-residential sector (transport and power infrastructure) accounted for the largest share in the construction market. Therefore, owing to such large-scale projects, the demand for cement is also increasing rapidly.
Technavio's analysts forecast the cement market in Nigeria to grow at a CAGR of 10.02% in terms of newly installed units over the period 2014-2019.
Covered in this report
The report covers the current and future market scenarios of the cement market in the Nigeria for the period 2015-2019. The market size was calculated considering construction spending and demand for cement (in terms of volume) in the country. The report also covers the present scenario of the construction sector and the major upcoming projects in Nigeria. The report gives a detailed analysis of the key vendors operating in the market. In addition, the report covers the major drivers, challenges, and trends influencing market growth.
Key customer segments
• Commercial customers
• Non-commercial customers
Key vendors
• Cement Company of Northern Nigeria
• Dangote
• Lafarge
• UniCem
Other prominent vendors
• AshakaCem
• Atlas Cement
• BUA Cement
Market driver
• Backward integration policy
• For a full, detailed list, view our report
Market challenge
• High cost
• For a full, detailed list, view our report
Market trend
• Increased demand for housing
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Nigeria: economic overview
PART 06: Nigeria: construction market overview
PART 07: Market landscape
Market overview
Major Ongoing and Upcoming Construction Projects in Nigeria
PART 08: Technology Landscape
Market size and forecast
Five forces analysis
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
Competitive scenario
Other prominent vendors
PART 15: Key Vendor Analysis
Cement Company of Northern Nigeria
Dangote Cement
Lafarge Nigeria
UniCem
PART 16: Appendix
List of abbreviation
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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