
CEMAC Steel Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Description
CEMAC Steel Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
CEMAC steel market size is anticipated to witness a 4.9% CAGR between 2024 and 2032. As CEMAC countries continue to invest in large-scale infrastructure projects, such as roads, bridges, and urban housing, the steel demand is increasing significantly. The focus on enhancing its infrastructure to support economic development and improve living standards is driving the need for high-quality steel products. Industrial growth and economic diversification within the CEMAC region will also influence market growth. Efforts to diversify economies beyond traditional sectors like agriculture by developing industries, such as manufacturing and mining, will further boost steel demand for construction and equipment.
The overall industry is divided into steel products, grade, thickness, end-use, distribution channel, and country.
Based on steel products, the CEMAC steel market size from the steel rebar segment is slated to witness significant growth during 2024-2032 due to its critical role in construction and infrastructure development. As the CEMAC region undertakes extensive infrastructure projects, including the construction of roads, bridges, and residential buildings, the demand for steel rebar surges. The function of rebar in reinforced concrete structures makes it indispensable for ensuring durability and strength, directly supporting the urbanization and development goals.
In terms of end users, the CEMAC steel market value from the residential construction segment will foresee considerable growth up to 2032. As cities expand and new residential developments emerge to accommodate increasing populations, the demand for steel for building frameworks, reinforcement, and structural support rises. The need for durable, high-quality materials in residential construction projects drives steel consumption, particularly for reinforcing structures and ensuring safety.
Steel industry size in Chad is anticipated to foresee substantial growth through 2032. As Chad invests in improving its infrastructure, including roads, bridges, and public facilities, the demand for steel materials rises to support these construction projects. Additionally, the ongoing exploration and potential exploitation of natural resources, such as oil and minerals, will increase the need for steel in mining operations and associated infrastructure.
CEMAC steel market size is anticipated to witness a 4.9% CAGR between 2024 and 2032. As CEMAC countries continue to invest in large-scale infrastructure projects, such as roads, bridges, and urban housing, the steel demand is increasing significantly. The focus on enhancing its infrastructure to support economic development and improve living standards is driving the need for high-quality steel products. Industrial growth and economic diversification within the CEMAC region will also influence market growth. Efforts to diversify economies beyond traditional sectors like agriculture by developing industries, such as manufacturing and mining, will further boost steel demand for construction and equipment. The overall industry is divided into steel products, grade, thickness, end-use, distribution channel, and country. Based on steel products, the CEMAC steel market size from the steel rebar segment is slated to witness significant growth during 2024-2032 due to its critical role in construction and infrastructure development. As the CEMAC region undertakes extensive infrastructure projects, including the construction of roads, bridges, and residential buildings, the demand for steel rebar surges. The function of rebar in reinforced concrete structures makes it indispensable for ensuring durability and strength, directly supporting the urbanization and development goals. In terms of end users, the CEMAC steel market value from the residential construction segment will foresee considerable growth up to 2032. As cities expand and new residential developments emerge to accommodate increasing populations, the demand for steel for building frameworks, reinforcement, and structural support rises. The need for durable, high-quality materials in residential construction projects drives steel consumption, particularly for reinforcing structures and ensuring safety. Steel industry size in Chad is anticipated to foresee substantial growth through 2032. As Chad invests in improving its infrastructure, including roads, bridges, and public facilities, the demand for steel materials rises to support these construction projects. Additionally, the ongoing exploration and potential exploitation of natural resources, such as oil and minerals, will increase the need for steel in mining operations and associated infrastructure.
Table of Contents
135 Pages
- Chapter 1 Methodology and Scope
- 1.1 Market scope and definition
- 1.2 Base estimates and calculations
- 1.3 Forecast parameters
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
- Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis, 2018 - 2032
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factors affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.2 Impact forces
- 3.2.1 Growth drivers
- 3.2.1.1 Increasing regional infrastructural initiatives
- 3.2.1.2 Increased urbanization
- 3.2.1.3 Favorable governmental policies and practices
- 3.2.1.4 Technological advancements
- 3.2.2 Industry pitfalls and challenges
- 3.2.2.1 Prevalence of inadequate infrastructure
- 3.2.2.2 Intense competition from cheaper alternatives
- 3.3 Technology and innovation landscape
- 3.4 Consumer buying behavior analysis
- 3.4.1 Demographic trends
- 3.4.2 Factors affecting buying decision
- 3.4.3 Consumer product adoption
- 3.4.4 Preferred distribution channel
- 3.5 Growth potential analysis
- 3.6 Regulatory landscape
- 3.7 Pricing analysis
- 3.8 Porter’s analysis
- 3.9 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
- Chapter 5 Market Estimates and Forecast, By Steel Product, 2021 – 2032, (USD Billion) (Thousand Tons)
- 5.1 Key trends
- 5.2 Steel Rebar
- 5.2.1 CRS (Corrosion Resistant TMT Bars)
- 5.2.2 Earthquake Resistant TMT Bars
- 5.2.3 Ribbed TMT Bars
- 5.2.4 Micro-alloyed TMT Bars
- 5.2.5 Low-relaxation TMT Bars
- 5.2.6 Dual-grade TMT Bar
- 5.3 Structural Steel
- 5.3.1 Heavy Structural Steel
- 5.3.1.1 Angle (L Shaped)
- 5.3.1.2 Bearig Pile (H Shaped)
- 5.3.1.3 Channel (C Shaped)
- 5.3.1.4 I Beam (I Shaped)
- 5.3.1.5 Tee (T Shaped)
- 5.3.1.6 Pipe
- 5.3.1.7 Hollow Steel Section
- 5.3.1.7.1 Square Hollow Section
- 5.3.1.7.2 Rectangular Hollow Section
- 5.3.1.7.3 Circular Hollow Section
- 5.3.2 Light Structural Steel
- 5.3.2.1 Angle (L Shaped)
- 5.3.2.2 Bearig Pile (H Shaped)
- 5.3.2.3 Channel (C Shaped)
- 5.3.2.4 I Beam (I Shaped)
- 5.3.2.5 Tee (T Shaped)
- 5.3.2.6 Pipe
- 5.3.2.7 Hollow Steel Section
- 5.3.2.7.1 Square Hollow Section
- 5.3.2.7.2 Rectangular Hollow Section
- 5.3.2.7.3 Circular Hollow Section
- 5.4 Others
- 5.5
- Chapter 6 Market Estimates and Forecast, By Grade, 2021 – 2032, (USD Billion) (Thousand Tons)
- 6.1 Key trends
- 6.2 Steel Rebar (TMT Bar)
- 6.2.1 Fe 415
- 6.2.2 Fe 500
- 6.2.3 Fe 550
- 6.2.4 Fe 600
- 6.3 Structural Steel
- 6.3.1 ASTM A36
- 6.3.2 ASTM A572
- 6.3.3 ASTM A992
- 6.3.4 ASTM A500
- 6.3.5 EN 10025
- 6.3.6 BS 4360
- 6.3.7 JIS G3101
- 6.3.8 DIN 17100
- 6.3.9 Others
- Chapter 7 Market Estimates and Forecast, By Thickness, 2021 – 2032, (USD Billion) (Thousand Tons)
- 7.1 Key trends
- 7.2 Steel Rebar (TMT Bar)
- 7.3 8mm -12mm
- 7.4 12mm – 16mm
- 7.5 16mm – 25mm
- 7.6 25mm – 32mm
- 7.7 32mm – 50mm
- Chapter 8 Market Estimates and Forecast, By End Use, 2021 – 2032, (USD Billion) (Thousand Tons)
- 8.1 Key trends
- 8.2 Residential Construction
- 8.3 Commercial Construction
- 8.3.1 Institutions
- 8.3.2 Offices
- 8.3.3 Health Building
- 8.3.4 Others
- 8.4 Industrial Construction
- 8.4.1 Building Construction
- 8.4.2 Industrial Structures
- 8.4.3 Marine Applications
- 8.4.4 Heavy Equipment
- 8.4.5 Automotive
- 8.4.6 Others
- 8.5 Infrastructure
- 8.5.1 Dam and Water Channels
- 8.5.2 Bridges and Roadways
- 8.5.3 Transportation Facilities
- 8.5.4 Others
- Chapter 9 Market Estimates and Forecast, By Distribution Channel, 2021 – 2032, (USD Billion) (Thousand Tons)
- 9.1 Key trends
- 9.2 Direct
- 9.3 Indirect
- Chapter 10 Market Estimates and Forecast, By Countries, 2021 – 2032, (USD Billion) (Thousand Tons)
- 10.1 Key trends
- 10.2 Cameroon
- 10.3 Central African Republic
- 10.4 Chad
- 10.5 Equatorial Guinea
- 10.6 Gabon
- 10.7 Republic of Congo
- Chapter 11 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)
- 11.1 African Foundries Limited
- 11.2 Bangui Metal Fabricators
- 11.3 Bimbo Steel Production
- 11.4 Good Time Steel
- 11.5 Kankan Iron and Steel
- 11.6 Lake Group
- 11.7 LES ACIERIES DU CAMEROUN SARL
- 11.8 Metafrique Group
- 11.9 METALCO
- 11.10 Nippon Steel Corporation
- 11.11 Sotrafer SARL
- 11.12 Trimble Inc.
- 11.13 Yaoundé Steel Manufacturing
- 11.14 Zamil Steel
- 11.15 Zenith Steel Fabricators LTD.
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