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CEMAC Steel Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Market Report I 2024-08-01 I 135 Pages I Global Market Insights
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.
Report Content
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 360synopsis, 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 Yaounde Steel Manufacturing
11.14 Zamil Steel
11.15 Zenith Steel Fabricators LTD.
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