Africa Ferrocement Market was valued at USD 245.36 million in 2022 and
is anticipated to grow at CAGR of 8.98% through 2028. Ferrocement is a
relatively novel substance made of wire mesh and cement mortar. Ferrocrete is
another name for ferrocement. The building method entails shaping the necessary
structure with the use of an example support mesh, such as expanded metal or
chicken mesh. Ferrocement may be used to build a range of structural forms with
relatively thin, robust, and hard surfaces, such as water tanks, boat hulls,
and shell roofs.
Growth in the Marine
Due to the benefits
of ferrocement in marine structures, such as water tightness, impact
resistance, small thickness, and lightweight, the demand for ferrocement in
Sub-Saharan African nations like South Africa has drastically increased.
Ferrocement is used to build boats, finishing vessels, barrages, docks,
floating buoys, and water or fuel tanks. For instance, the African government
launched the Resilient Africa Program in 2022 to develop a resilient blue
economy that would allow the continent's coastal nations to manage their marine
and coastal resources to foster economic growth, address food security, and
fight poverty while adjusting to the effects of climate change. As a result, there
is increased demand of ferrocement from the marine sector.
Countries in the Sub-Saharan Africa has one of the highest of
urbanization in the world. Other businesses and sectors, including residential,
commercial, industrial, maritime, etc., are growing along with the rate of urbanization.
In order to make urban areas, such as cities and towns, more effective engines
of economic growth and to play a crucial role in economic transformation and
national development, Sub-Saharan African countries have been advised to change
their urban policies, practices, and laws. As towns and cities continue to
expand, more parks, outdoor theatres, and gardens are being built.
Growing Construction Activities
According to the region's overall score
of 0.23 on GlobalData's April 2022 Construction Project Momentum Index, South
Africa has the greatest problems in Sub-Saharan Africa's construction sector.
One aspect of the Sub-Saharan African construction pipeline's improved
condition is the elimination of issues in the area's infrastructure sector.
Additionally, government measures to stimulate the economy by focusing on
infrastructure development will support a steady growth in building activity in
Nigeria throughout the course of the projection year. As a result of the
expansion of the region's building activity, the need for ferrocement is also
Mass Housing Developments
Due to the growing urban population in
Sub-Saharan Africa, there is a rapid increase in the need for cheap housing in
metropolitan areas. Due to lower land prices, urban poor residents may be able
to afford housing alternatives in these areas. Governments in Sub-Saharan
African countries are subsequently showing a greater desire to launch mass
housing programmes, which has led to a growth in the demand for ferrocement for
mass housing construction in those countries.
Increasing Agricultural Productivity
The agriculture sector in Africa has a
major social and economic influence. More than 60% of people in sub-Saharan
Africa are smallholder farmers, and agriculture generates around 23% of the
region's GDP. Governments in the Sub-Saharan Africa area have developed a
variety of projects, programmes, and policies, such as Monitoring and Analysing
Food and Agricultural Policies, to boost agricultural production (MAFAP).
Therefore, the market for ferrocement is anticipated to grow along with the growth
in the agricultural sector.
supply and investments in water infrastructure have received considerable
attention from several governments in Sub-Saharan African nations. Pressure
pipes are therefore necessary in the water supply system to provide end users
with potable water at an appropriate pressure level as part of enhancing the
water infrastructure. Due to its advantageous qualities as a resilient and
adaptable material, having a high tensile strength, stiffness and rigidity,
etc., ferrocement is witnessing demand throughout the
area along with the rising demand for pressure pipes
for water infrastructure.