Africa Construction Composites Market (2024-2030) | Revenue, Analysis, Size, Outlook, Industry, Companies, Share, Value, Growth, Trends & Forecast

Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Fiber Type (Carbon, Natural Fiber), By Resin Type (Polyester, Vinyl Ester, Polyethylene , Polypropylene), By Application (Industrial, Commercial, Housing , Civil) And Competitive Landscape

Product Code: ETC4603943 Publication Date: Jul 2023 Updated Date: Sep 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 300

Africa Construction Composites Market Highlights

Report Name Africa Construction Composites Market
Forecast period 2024-2030
CAGR 8.2%
Growing Sector Construction

Topics Covered in the Africa Construction Composites Market Report

The Africa Construction Composites market report thoroughly covers the market by fiber type, by resin type, by application and by countries. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Africa Construction Composites Market Size

The Africa Construction Composites Market is projected to grow from approximately USD 300 million in 2024 to around USD 600 million by 2030, with a compound annual growth rate (CAGR) of 8.2% during this period. This growth is driven by increasing demand for lightweight, durable, and corrosion-resistant materials in construction applications, as well as the rising adoption of sustainable building practices. The expansion of infrastructure projects and the need for innovative materials that enhance energy efficiency and reduce maintenance costs are further propelling market expansion. Additionally, advancements in composite manufacturing technologies and the growing awareness of the benefits of composites over traditional materials are expected to significantly contribute to the growth of the construction composites market in Africa through 2030.

Africa Construction Composites Market Synopsis

The Africa Construction Composites Market is witnessing significant growth driven by the increasing demand for durable and lightweight materials in construction. Composites, such as fiber-reinforced polymers (FRPs) and advanced composites, are being adopted for their superior strength-to-weight ratio, resistance to corrosion, and versatility in applications ranging from structural reinforcements to aesthetic finishes. The market is bolstered by rising infrastructure development, urbanization, and the need for sustainable building solutions across the continent. Moreover, innovations in composite materials and technologies, along with favorable government policies promoting green construction, are expected to further drive the market's expansion in the coming years.

According to 6Wresearch, Africa Construction Composites market size is projected to grow at a CAGR of 8.2% during 2024-2030. The growth of the Africa Construction Composites Market is primarily driven by several key factors. Rapid urbanization and infrastructure development across the continent increase the demand for advanced construction materials that offer enhanced performance and sustainability. The need for durable, lightweight, and corrosion-resistant materials to extend the lifespan of structures and reduce maintenance costs is boosting market growth. Additionally, government initiatives and incentives promoting green building practices and sustainable construction methods are further fueling demand. Technological advancements in composite materials, including improved manufacturing processes and innovative applications, are also contributing to the market's expansion.

Government Initiatives Introduced in the Africa Construction Composites Market

Government initiatives in Africa are significantly supporting the growth of the Construction Composites Market through various measures. Many countries are implementing policies and regulations that promote sustainable construction practices and the use of eco-friendly materials. This includes incentives for projects that utilize advanced composites to improve energy efficiency and reduce environmental impact. Additionally, governments are investing in infrastructure development programs that prioritize modern construction techniques and materials, including composites. These efforts are often coupled with research and development grants to foster innovation in the industry, as well as training programs to enhance local expertise in composite technologies.

Key Players in the Africa Construction Composites Market

Key companies in the Africa Construction Composites Market include global leaders such as Sika AG, which offers a range of composite materials for construction applications, and BASF SE, known for its innovative construction solutions and composites. Other prominent players include Owens Corning, which provides advanced composite materials, and GFRP (Glass Fiber Reinforced Polymer) manufacturers like Strongwell Corporation. Additionally, local companies such as Sphinx Glass and Polycom have emerged as significant contributors to the market, supplying region-specific composite solutions and driving growth through tailored offerings and partnerships. These companies are actively engaged in expanding their product portfolios, investing in research and development, and collaborating on large-scale infrastructure projects across the continent.

Future Insights of the Africa Construction Composites Market

Future insights into the Africa Construction Composites Market suggest continued robust growth driven by increasing infrastructure investments and rising urbanization. Advancements in composite technology, such as the development of more cost-effective and versatile materials, are expected to enhance the adoption of composites in construction. The growing emphasis on sustainability and energy efficiency will likely lead to greater integration of composites into green building projects. Additionally, expanding industrialization and the need for improved structural performance in harsh climates will drive demand for innovative composite solutions. As governments and private sector players continue to invest in research, development, and training, the market is poised for dynamic growth and increased regional innovation.

Market Analysis by Application

According to Ravi Bhandari, Research Head, 6Wresearch, in the Africa Construction Composites Market, applications span several key sectors including industrial, commercial, housing, and civil construction. Industrial applications leverage composites for their strength and durability in structures such as factory floors, industrial tanks, and pipelines. In the commercial sector, composites are used in facade panels, roofing systems, and interior design elements due to their aesthetic flexibility and resistance to environmental wear. Housing applications include composite materials in residential buildings for both structural reinforcement and decorative finishes, providing enhanced durability and energy efficiency. In civil construction, composites are increasingly used for bridge repairs, road reinforcements, and infrastructure upgrades, offering solutions that address challenges like corrosion and load-bearing capacity while extending the lifespan of critical infrastructure.

Market Analysis by Countries

In the Africa Construction Composites Market, key countries driving growth include South Africa, Nigeria, Egypt, Kenya, and Morocco. South Africa leads with its advanced infrastructure projects and significant industrial base, making it a major consumer of construction composites. Nigeria's rapid urbanization and expanding construction sector also fuel demand for durable composite materials. Egypt's ongoing investments in infrastructure and housing developments highlight its role in the market, while Kenya and Morocco are emerging as important players due to their growing construction activities and supportive government policies promoting sustainable building practices. These countries are at the forefront of adopting and integrating advanced composite technologies into various construction applications.

Key Attractiveness of the Report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023.
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Africa Construction Composites Market Overview
  • Africa Construction Composites Market Outlook
  • Africa Construction Composites Market Forecast
  • Market Size of Africa Construction Composites Market, 2023
  • Forecast of Africa Construction Composites Market, 2030
  • Historical Data and Forecast of Africa Construction Composites Revenues & Volume for the Period 2020 - 2030
  • Africa Construction Composites Market Trend Evolution
  • Africa Construction Composites Market Drivers and Challenges
  • Africa Construction Composites Price Trends
  • Africa Construction Composites Porter's Five Forces
  • Africa Construction Composites Industry Life Cycle
  • Historical Data and Forecast of Africa Construction Composites Market Revenues & Volume By Fiber Type for the Period 2020 - 2030
  • Historical Data and Forecast of Africa Construction Composites Market Revenues & Volume By Carbon for the Period 2020 - 2030
  • Historical Data and Forecast of Africa Construction Composites Market Revenues & Volume By Natural Fiber for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Composites Market Revenues & Volume By Fiber Type for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Composites Market Revenues & Volume By Carbon for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Composites Market Revenues & Volume By Natural Fiber for the Period 2020 - 2030
  • Historical Data and Forecast of Nigeria Construction Composites Market Revenues & Volume By Fiber Type for the Period 2020 - 2030
  • Historical Data and Forecast of Nigeria Construction Composites Market Revenues & Volume By Carbon for the Period 2020 - 2030
  • Historical Data and Forecast of Nigeria Construction Composites Market Revenues & Volume By Natural Fiber for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Construction Composites Market Revenues & Volume By Fiber Type for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Construction Composites Market Revenues & Volume By Carbon for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Construction Composites Market Revenues & Volume By Natural Fiber for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Africa Construction Composites Market Revenues & Volume By Fiber Type for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Africa Construction Composites Market Revenues & Volume By Carbon for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Africa Construction Composites Market Revenues & Volume By Natural Fiber for the Period 2020 - 2030
  • Historical Data and Forecast of Africa Construction Composites Market Revenues & Volume By Resin Type for the Period 2020 - 2030
  • Historical Data and Forecast of Africa Construction Composites Market Revenues & Volume By Polyester for the Period 2020 - 2030
  • Historical Data and Forecast of Africa Construction Composites Market Revenues & Volume By Vinyl Ester for the Period 2020 - 2030
  • Historical Data and Forecast of Africa Construction Composites Market Revenues & Volume By Polyethylene for the Period 2020 - 2030
  • Historical Data and Forecast of Africa Construction Composites Market Revenues & Volume By Polypropylene for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Composites Market Revenues & Volume By Resin Type for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Composites Market Revenues & Volume By Polyester for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Composites Market Revenues & Volume By Vinyl Ester for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Composites Market Revenues & Volume By Polyethylene for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Composites Market Revenues & Volume By Polypropylene for the Period 2020 - 2030
  • Historical Data and Forecast of Nigeria Construction Composites Market Revenues & Volume By Resin Type for the Period 2020 - 2030
  • Historical Data and Forecast of Nigeria Construction Composites Market Revenues & Volume By Polyester for the Period 2020 - 2030
  • Historical Data and Forecast of Nigeria Construction Composites Market Revenues & Volume By Vinyl Ester for the Period 2020 - 2030
  • Historical Data and Forecast of Nigeria Construction Composites Market Revenues & Volume By Polyethylene for the Period 2020 - 2030
  • Historical Data and Forecast of Nigeria Construction Composites Market Revenues & Volume By Polypropylene for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Construction Composites Market Revenues & Volume By Resin Type for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Construction Composites Market Revenues & Volume By Polyester for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Construction Composites Market Revenues & Volume By Vinyl Ester for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Construction Composites Market Revenues & Volume By Polyethylene for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Construction Composites Market Revenues & Volume By Polypropylene for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Africa Construction Composites Market Revenues & Volume By Resin Type for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Africa Construction Composites Market Revenues & Volume By Polyester for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Africa Construction Composites Market Revenues & Volume By Vinyl Ester for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Africa Construction Composites Market Revenues & Volume By Polyethylene for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Africa Construction Composites Market Revenues & Volume By Polypropylene for the Period 2020 - 2030
  • Historical Data and Forecast of Africa Construction Composites Market Revenues & Volume By Application for the Period 2020 - 2030
  • Historical Data and Forecast of Africa Construction Composites Market Revenues & Volume By Industrial for the Period 2020 - 2030
  • Historical Data and Forecast of Africa Construction Composites Market Revenues & Volume By Commercial for the Period 2020 - 2030
  • Historical Data and Forecast of Africa Construction Composites Market Revenues & Volume By Housing for the Period 2020 - 2030
  • Historical Data and Forecast of Africa Construction Composites Market Revenues & Volume By Civil for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Composites Market Revenues & Volume By Application for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Composites Market Revenues & Volume By Industrial for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Composites Market Revenues & Volume By Commercial for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Composites Market Revenues & Volume By Housing for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Composites Market Revenues & Volume By Civil for the Period 2020 - 2030
  • Historical Data and Forecast of Nigeria Construction Composites Market Revenues & Volume By Application for the Period 2020 - 2030
  • Historical Data and Forecast of Nigeria Construction Composites Market Revenues & Volume By Industrial for the Period 2020 - 2030
  • Historical Data and Forecast of Nigeria Construction Composites Market Revenues & Volume By Commercial for the Period 2020 - 2030
  • Historical Data and Forecast of Nigeria Construction Composites Market Revenues & Volume By Housing for the Period 2020 - 2030
  • Historical Data and Forecast of Nigeria Construction Composites Market Revenues & Volume By Civil for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Construction Composites Market Revenues & Volume By Application for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Construction Composites Market Revenues & Volume By Industrial for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Construction Composites Market Revenues & Volume By Commercial for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Construction Composites Market Revenues & Volume By Housing for the Period 2020 - 2030
  • Historical Data and Forecast of Kenya Construction Composites Market Revenues & Volume By Civil for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Africa Construction Composites Market Revenues & Volume By Application for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Africa Construction Composites Market Revenues & Volume By Industrial for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Africa Construction Composites Market Revenues & Volume By Commercial for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Africa Construction Composites Market Revenues & Volume By Housing for the Period 2020 - 2030
  • Historical Data and Forecast of Rest of Africa Construction Composites Market Revenues & Volume By Civil for the Period 2020 - 2030
  • Africa Construction Composites Market - Key Performance Indicators
  • Africa Construction Composites Market - Import Export Trade Statistics
  • Africa Construction Composites Market - Opportunity Assessment By Countries
  • Africa Construction Composites Market - Opportunity Assessment By Fiber Type
  • Africa Construction Composites Market - Opportunity Assessment By Resin Type
  • Africa Construction Composites Market - Opportunity Assessment By Application
  • Africa Construction Composites Market - Top Companies Market Share
  • Africa Construction Composites Market - Top Companies Profiles
  • Africa Construction Composites Market - Comparison of Players in Technical and Operating Parameters
  • Africa Construction Composites Market - Strategic Recommendations

Markets Covered

The Africa Construction Composites market report provides a detailed analysis of the following market segments:

By Fiber Type

  • Carbon
  • Natural Fiber

By Resin Type

  • Polyester
  • Vinyl Ester
  • Polyethylene
  • Polypropylene

By Application

  • Industrial
  • Commercial
  • Housing
  • Civil

By Countries

  • South Africa
  • Nigeria
  • Kenya
  • Rest of Africa
Africa Construction Composites Market (2024-2030): FAQs
The market growth is driven by Rapid urbanization and infrastructure development across the continent increase the demand for advanced construction materials.
South Africa is expected to register enormous growth over the years.
The industrial application holds the highest market share.
Sika AG and BASF SE are some of the prominent players in the Africa Construction Composites market.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Construction Composites Market Overview
3.1 Africa Regional Macro Economic Indicators
3.2 Africa Construction Composites Market Revenues & Volume, 2020 & 2030F
3.3 Africa Construction Composites Market - Industry Life Cycle
3.4 Africa Construction Composites Market - Porter's Five Forces
3.5 Africa Construction Composites Market Revenues & Volume Share, By Countries, 2020 & 2030F
3.6 Africa Construction Composites Market Revenues & Volume Share, By Fiber Type, 2020 & 2030F
3.7 Africa Construction Composites Market Revenues & Volume Share, By Resin Type, 2020 & 2030F
3.8 Africa Construction Composites Market Revenues & Volume Share, By Application, 2020 & 2030F
4 Africa Construction Composites Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Africa Construction Composites Market Trends
6 Africa Construction Composites Market, 2020 - 2030
6.1 Africa Construction Composites Market, Revenues & Volume, By Fiber Type, 2020 - 2030
6.2 Africa Construction Composites Market, Revenues & Volume, By Resin Type, 2020 - 2030
6.3 Africa Construction Composites Market, Revenues & Volume, By Application, 2020 - 2030
7 South Africa Construction Composites Market, 2020 - 2030
7.1 South Africa Construction Composites Market, Revenues & Volume, By Fiber Type, 2020 - 2030
7.2 South Africa Construction Composites Market, Revenues & Volume, By Resin Type, 2020 - 2030
7.3 South Africa Construction Composites Market, Revenues & Volume, By Application, 2020 - 2030
8 Nigeria Construction Composites Market, 2020 - 2030
8.1 Nigeria Construction Composites Market, Revenues & Volume, By Fiber Type, 2020 - 2030
8.2 Nigeria Construction Composites Market, Revenues & Volume, By Resin Type, 2020 - 2030
8.3 Nigeria Construction Composites Market, Revenues & Volume, By Application, 2020 - 2030
9 Kenya Construction Composites Market, 2020 - 2030
9.1 Kenya Construction Composites Market, Revenues & Volume, By Fiber Type, 2020 - 2030
9.2 Kenya Construction Composites Market, Revenues & Volume, By Resin Type, 2020 - 2030
9.3 Kenya Construction Composites Market, Revenues & Volume, By Application, 2020 - 2030
10 Rest of Africa Construction Composites Market, 2020 - 2030
10.1 Rest of Africa Construction Composites Market, Revenues & Volume, By Fiber Type, 2020 - 2030
10.2 Rest of Africa Construction Composites Market, Revenues & Volume, By Resin Type, 2020 - 2030
10.3 Rest of Africa Construction Composites Market, Revenues & Volume, By Application, 2020 - 2030
11 Africa Construction Composites Market Key Performance Indicators
12 Africa Construction Composites Market - Opportunity Assessment
12.1 Africa Construction Composites Market Opportunity Assessment, By Countries, 2020 & 2030F
12.2 Africa Construction Composites Market Opportunity Assessment, By Fiber Type, 2020 & 2030F
12.3 Africa Construction Composites Market Opportunity Assessment, By Resin Type, 2020 & 2030F
12.4 Africa Construction Composites Market Opportunity Assessment, By Application, 2020 & 2030F
13 Africa Construction Composites Market - Competitive Landscape
13.1 Africa Construction Composites Market Revenue Share, By Companies, 2023
13.2 Africa Construction Composites Market Competitive Benchmarking, By Operating and Technical Parameters
14 Company Profiles
15 Recommendations
16 Disclaimer
Pricing
  • Single User License
    $ 4,560
  • Department License
    $ 5,055
  • Site License
    $ 5,595
  • Global License
    $ 6,000
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All