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CEMAC Steel Market Share
The CEMAC steel industry is fragmented, with prominent players, such as African Foundries Limited, Metafrique Group, Nippon Steel Corporation, Lake Group, Zamil Steel holding a market share of 5-10%. These companies dominate the market due to their extensive research and development capabilities, strong global distribution networks, and strategic partnerships within the industry.
CEMAC Steel Market Companies
Major players operating in the CEMAC steel industry include:
- African Foundries Limited
- Bangui Metal Fabricators
- Bimbo Steel Production
- Good Time Steel
- Kankan Iron and Steel
- Lake Group
- LES ACIERIES DU CAMEROUN SARL
- Metafrique Group
- METALCO
- Nippon Steel Corporation
- Sotrafer SARL
- Trimble Inc.
- Yaoundé Steel Manufacturing
- Zamil Steel
- Zenith Steel Fabricators LTD
Why is the demand for structural steel growing in CEMAC?
CEMAC steel industry from the structural steel segment is expected to reach USD 4.1 billion by 2032, due to its versatility, strength, and durability, leading to its rising usage in the construction industry.
How big is the CEMAC steel market?
The market size of CEMAC steel was worth over USD 5.6 billion in 2023 and is expected to register 4.9% CAGR from 2024 to 2032, owing to the rising regional infrastructure development initiatives.
Who are the key leaders in the CEMAC steel industry?
Kankan Iron and Steel, Lake Group, LES ACIERIES DU CAMEROUN SARL, Metafrique Group, METALCO, Nippon Steel Corporation, Sotrafer SARL, Trimble Inc., Yaound
What is the size of the cameroon steel market?
Cameroon steel industry is expected to register 6.3% CAGR from 2024 to 2032, due to the nation's robust infrastructure initiatives and economic diversification endeavors.