1. Market Research
  2. > Chemical
  3. > Specialty Chemical Market Trends

Future of the Chemical Industry in Africa

  • July 2015
  • 19 pages
  • Frost & Sullivan
Report ID: 3091081

Summary

Table of Contents

Future of the Chemical Industry in Africa : Impact on Chemical Companies

Africa is a rapidly growing market for products globally, and the chemical industry is expected to significantly benefit from this growth, especially the construction chemical paints and coatings and industrial adhesives sectors. The spurt in growth is the result of rapid urbanisation, a growing middle class, and rising consumer spending. This study gives a high-level view of 5 core focus areas in Sub-Saharan Africa: construction & infrastructure (construction chemicals; paints and coatings; and industrial adhesives), water and wastewater treatment, polymers/plastics/packaging, food and agriculture, and mining chemicals, providing trends that will drive growth in future and the current and future (2020) market size.

Introduction

Africa is seen as a rapidly growing market for products globally. Some high growth markets in sub-Saharan Africa (SSA) include Tanzania and Uganda, and depending on the rate of change in oil price and diversification from an oil-based economy, Nigeria and Angola. With the fall in oil price in 2014, Nigeria and Angola are expected to experience higher inflation in 2015.

Where independent markets are not necessarily attractive, trade zones make regions attractive. A particularly well-developed and attractive trade region is that of the East African Community, which aims to enhance regional integration by increasing trade, competitiveness, investment, and value-added production. Trade is enhanced by:

- Implementing the Customs Union Protocol to enhance intra-regional trade liberalisation and investment; and promote industrial diversification, economic development, and production efficiencies

- Facilitating trade by harmonising, standardising, and simplifying trade documentation and information

- Instituting anti-dumping measures and competition policy and law to enable free trade

- Allowing the re-export of goods without imposing export or import duties

- Removing and not introducing non-tariff barriers as they inhibit trade

- Understanding that standards and quality measures protect consumers and promote trade and investments.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Medical Adhesive Tapes Market by Type, Backing Material, Application - Global Forecast to 2022

  • $ 5650
  • Industry report
  • August 2017
  • by MarketsandMarkets

The medical adhesive tapes market is expected to grow at a CAGR of 5.69% between 2017 and 2022 The medical adhesive tapes market is expected to grow from an estimated USD 6.64 billion in 2017 to USD 8.76 ...

Carbon Fiber Tape Market by Form Type, End-use Industry, Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • August 2017
  • by MarketsandMarkets

“Increasing demand for advanced materials such as carbon fiber tapes from the aerospace industry is expected to drive the carbon fiber tape market” The global carbon fiber tape market is projected ...

Aerospace Adhesive & Sealants Market by Resin Type, Technology, End-user Industry, User Type, Aircraft Type And Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • August 2017
  • by MarketsandMarkets

“Increasing penetration of composites in aircraft and emerging middle-class population in developing countries drive the aerospace adhesive & sealants market” The global aerospace adhesive & sealants ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.