| Product Code: ETC8622146 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a decrease in the growth rate of Nigeria`s construction composite import shipments in 2024, the market continued to be dominated by top exporters such as China, South Africa, Spain, Germany, and the UAE. The high Herfindahl-Hirschman Index (HHI) indicates significant concentration within the market. The negative Compound Annual Growth Rate (CAGR) from 2020-2024 highlights challenges faced by the industry, while the sharp decline in growth rate from 2023-2024 suggests a recent slowdown in demand. The market may require strategic interventions to stimulate growth and diversify its import sources in the coming years.

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 Nigeria Construction Composite Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Construction Composite Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Construction Composite Market - Industry Life Cycle |
3.4 Nigeria Construction Composite Market - Porter's Five Forces |
3.5 Nigeria Construction Composite Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Nigeria Construction Composite Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Nigeria Construction Composite Market Revenues & Volume Share, By End-use Sector, 2021 & 2031F |
4 Nigeria Construction Composite Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Construction Composite Market Trends |
6 Nigeria Construction Composite Market, By Types |
6.1 Nigeria Construction Composite Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Construction Composite Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 Nigeria Construction Composite Market Revenues & Volume, By Polyester Resin, 2021- 2031F |
6.1.4 Nigeria Construction Composite Market Revenues & Volume, By Vinyl Ester, 2021- 2031F |
6.1.5 Nigeria Construction Composite Market Revenues & Volume, By Polyethylene, 2021- 2031F |
6.1.6 Nigeria Construction Composite Market Revenues & Volume, By Polypropylene, 2021- 2031F |
6.1.7 Nigeria Construction Composite Market Revenues & Volume, By Epoxy Resin, 2021- 2031F |
6.1.8 Nigeria Construction Composite Market Revenues & Volume, By Other Resin Types, 2021- 2031F |
6.2 Nigeria Construction Composite Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Construction Composite Market Revenues & Volume, By Carbon Fibers, 2021- 2031F |
6.2.3 Nigeria Construction Composite Market Revenues & Volume, By Glass Fibers, 2021- 2031F |
6.2.4 Nigeria Construction Composite Market Revenues & Volume, By Natural Fibers, 2021- 2031F |
6.2.5 Nigeria Construction Composite Market Revenues & Volume, By Other Fiber Types, 2021- 2031F |
6.3 Nigeria Construction Composite Market, By End-use Sector |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Construction Composite Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.3 Nigeria Construction Composite Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Nigeria Construction Composite Market Revenues & Volume, By Housing, 2021- 2031F |
6.3.5 Nigeria Construction Composite Market Revenues & Volume, By Civil, 2021- 2031F |
7 Nigeria Construction Composite Market Import-Export Trade Statistics |
7.1 Nigeria Construction Composite Market Export to Major Countries |
7.2 Nigeria Construction Composite Market Imports from Major Countries |
8 Nigeria Construction Composite Market Key Performance Indicators |
9 Nigeria Construction Composite Market - Opportunity Assessment |
9.1 Nigeria Construction Composite Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Nigeria Construction Composite Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Nigeria Construction Composite Market Opportunity Assessment, By End-use Sector, 2021 & 2031F |
10 Nigeria Construction Composite Market - Competitive Landscape |
10.1 Nigeria Construction Composite Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Construction Composite Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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