Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Types (Steel Sheet, Strip, Plate, Flat Bar), By Application (Construction, Automotive, Appliances, Machinery Parts, Industrial, Others) And Competitive Landscape
Product Code: ETC056317 | Publication Date: Jun 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
The Africa cold formed steel market is expected to register a CAGR of over 5% during the forecast period 2021-2027. Factors such as increasing urbanization, growing demand for infrastructure development in Kenya and Nigeria, rapid industrialization and rising construction activities across the continent are driving the growth of this market. Additionally, growing investments from government initiatives such as Vision 2030 in Kenya and National Integrated Infrastructure Master Plan (NIIMP) in South Africa are estimated to drive the market further during the forecast period.
Further, numerous opportunities arising due to population growth will lead to increased investments from multinational companies into various sectors including manufacturing sector which would eventually result in higher demand for cold formed steel structures across nations such as Ghana, Ethiopia and Algeria. Several governments have also started implementing policies that promote green buildings thereby creating ample opportunities for energy efficient building materials like cold formed steels which are cost-effective solutions with superior strength & durability properties compared to other materials used traditionally. This has resulted in a surge of projects based on these materials across many African countries where their applications range from residential buildings to bridges & industries; therefore augmenting its usage rate significantly over years ahead.
However, high transportation costs incurred while importing raw material is anticipated pose challenges towards smooth functioning of production process thus hindering growth prospects among regional manufacturers operating here throughout duration till 2027
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Cold Formed Steel Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Cold Formed Steel Market Revenues & Volume, 2020 & 2027F |
3.3 Africa Cold Formed Steel Market - Industry Life Cycle |
3.4 Africa Cold Formed Steel Market - Porter's Five Forces |
3.5 Africa Cold Formed Steel Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Africa Cold Formed Steel Market Revenues & Volume Share, By Types, 2020 & 2027F |
3.7 Africa Cold Formed Steel Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Africa Cold Formed Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Cold Formed Steel Market Trends |
6 Africa Cold Formed Steel Market, 2017 - 2027 |
6.1 Africa Cold Formed Steel Market, Revenues & Volume, By Types, 2017 - 2027 |
6.2 Africa Cold Formed Steel Market, Revenues & Volume, By Application, 2017 - 2027 |
7 South Africa Cold Formed Steel Market, 2017 - 2027 |
7.1 South Africa Cold Formed Steel Market, Revenues & Volume, By Types, 2017 - 2027 |
7.2 South Africa Cold Formed Steel Market, Revenues & Volume, By Application, 2017 - 2027 |
8 Nigeria Cold Formed Steel Market, 2017 - 2027 |
8.1 Nigeria Cold Formed Steel Market, Revenues & Volume, By Types, 2017 - 2027 |
8.2 Nigeria Cold Formed Steel Market, Revenues & Volume, By Application, 2017 - 2027 |
9 Kenya Cold Formed Steel Market, 2017 - 2027 |
9.1 Kenya Cold Formed Steel Market, Revenues & Volume, By Types, 2017 - 2027 |
9.2 Kenya Cold Formed Steel Market, Revenues & Volume, By Application, 2017 - 2027 |
10 Rest of Africa Cold Formed Steel Market, 2017 - 2027 |
10.1 Rest of Africa Cold Formed Steel Market, Revenues & Volume, By Types, 2017 - 2027 |
10.2 Rest of Africa Cold Formed Steel Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Africa Cold Formed Steel Market Key Performance Indicators |
12 Africa Cold Formed Steel Market - Opportunity Assessment |
12.1 Africa Cold Formed Steel Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Africa Cold Formed Steel Market Opportunity Assessment, By Types, 2020 & 2027F |
12.3 Africa Cold Formed Steel Market Opportunity Assessment, By Application, 2020 & 2027F |
13 Africa Cold Formed Steel Market - Competitive Landscape |
13.1 Africa Cold Formed Steel Market Revenue Share, By Companies, 2020 |
13.2 Africa Cold Formed Steel Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |