South Africa Cement Market Report and Forecast 2024-2032

South Africa Cement Market Size

The South Africa cement market size reached approximately 13.78 MMT in 2023. The market is projected to grow at a CAGR of 2.50% between 2024 and 2032, reaching a value of around 17.14 MMT by 2032.

Key Trends in the Market

Cement is a type of binder that sets, hardens, and sticks to other materials to keep them together. It is produced as a fine powder by combining minerals like limestone (calcium carbonate), clay, shale, silica sand, iron ore, and gypsum. Its applications in construction are vast, as it serves as a crucial component for creating concrete, mortar, and grout.

• One of the major South Africa cement market trends is the country's ongoing infrastructure development. The government has prioritised infrastructure development projects, including roads, bridges, ports, and housing, to stimulate economic growth and address historical inequalities. These infrastructure initiatives drive the demand for cement, as it is a vital component in construction activities.

• The demand for affordable housing, particularly in urban areas, is fuelling the growth of the housing sector in South Africa. The government's efforts to address the housing backlog and provide low-income families with affordable housing are some of the key factors contributing to the growing demand for cement.

• The adoption of sustainable and environmentally friendly construction practices is one of the major factors supporting the South Africa cement market growth. There is a growing focus on utilising building materials and construction techniques that are ecologically sound. Cement manufacturers are actively embracing eco-friendly manufacturing processes, which involve the use of alternative fuels and the incorporation of supplementary cementitious materials, to reduce carbon emissions.

Market Analysis

Based on type, the market is segmented into blended and Portland, among others. Based on end use, the market is divided into residential, commercial/institutional, and infrastructural. The South Africa cement market segmentations, based on provinces, include Eastern Cape, Free State, KwaZulu-Natal, Mpumalanga, Gauteng, Northern Cape, North West, Western Cape, and Limpopo.

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the South Africa cement market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans.

• Dangote Cement South Africa Pty Ltd.

• Lafarge South Africa Holdings (Pty) Ltd.

• PPC Ltd

• AfriSam

• InterCement South Africa (NPC)

• Kwikbuild Cement

• Cemza (pty) Ltd

• Others

Market Share by Type

Portland cement is likely to hold a significant portion of the South Africa cement market share as it is the most prominent and widely utilised type of cement. With diverse construction projects across the region, encompassing the development of buildings, roads, bridges, dams, and various other essential infrastructure components, the usage of Portland cement is likely to grow.

Market Share by End Use

As per the South Africa cement market analysis, the residential sector holds a considerable position within the market. This prominence can be attributed to the significant number of ongoing residential projects across the region. The South African government has recognised the need to address the housing shortage and provide affordable housing options to its citizens. As a result, various initiatives and programs have been launched to promote the development of residential properties.

Competitive Landscape

Dangote Cement South Africa Pty Ltd. is a leading player in the South Africa cement market, operating in the region with its headquarters located in Lagos. It is a part of the Dangote Group, one of the largest industrial conglomerates in the African continent. The company was established in 1981 with its primary focus on trading bagged cement and other commodities such as rice, sugar, salt, and flour, among others.

Lafarge South Africa Holdings (Pty) Ltd. Is a subsidiary of the Holcim Group, which is headquartered in Switzerland and was founded in the year 2015. The Lafarge South Africa company is primarily involved in the production and supply of cement, aggregates, and concrete for various construction projects.

PPC Ltd, which is commonly recognised as Pretoria Portland Cement Company Limited, holds a prominent position as a major provider of cement, lime, and associated products within the South African market. Its origins back to 1892, when it was founded under the name De Eerste Cement Fabrieken Beperkt. PPC Ltd has continually evolved and extended its operations, ultimately establishing itself as a significant player in the construction materials sector.

Other players in the South Africa cement market include AfriSam, InterCement South Africa (NPC), Kwikbuild Cement, and Cemza (pty) Ltd, among others.

Key Highlights of the Report