South Africa Construction Chemical Market (2021-2027)
Market Forecast By Type (Concrete Admixtures, Water Proofing & Roofing, Repair, Flooring, Sealants & Adhesives, Other Chemicals), By End-Use (Residential, Industrial/Commercial, Infrastructure, Repair Structures) And Competitive Landscape
According to 6Wresearch, South Africa Construction Chemical Market size is projected to grow at CAGR of 6.7% during 2021-27.South Africa Construction Chemicals Market witnessed a decline in revenues during the year 2020 as a result of falling demand from the end consumers due to a temporary suspension of economic activities in the country in order to curtail the spread of the coronavirus. COVID-19 has adversely impacted the construction chemicals market across the country as the government imposed a nation-wide lockdown which led to the closure of all construction operations and disrupted the value chain of construction chemicals market.
South Africa construction chemicals market is projected to grow on account of considerable emphasis by the government of South Africa on infrastructure development and construction, as a vital engine of urban growth and development in recent years, which has acted as a catalyst for the expansion of the country’s construction chemicals market. The increasing construction of residential and commercial buildings in Tier II cities such as Kimberley, Bloemfontein, Polokwane, and Port Elizabeth, as well as the lifting of lockdown measures and the restart of construction activities, have facilitated the provision of construction chemicals in several parts of South Africa.
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Market Analysis by Type
Based on types, concrete admixtures segment held a considerable share in market revenues during 2020
Key Highlights of the Report
South Africa Construction Chemicals Market Overview
South Africa Construction Chemicals Market Outlook
South Africa Construction Chemicals Market Forecast
Historical Data and Forecast of South Africa Construction Chemicals Market Revenues for the Period 2017-2027F
Historical Data and Forecast of Market Revenues, By Product Types for the Period 2017-2027F
Historical Data and Forecast of Market Revenues, By Regions for the Period 2017-2027F
Market Drivers and Restraints
South Africa Construction Chemicals Market Trends
Industry Life Cycle
Porter’s Five Force Analysis
Market Opportunity Assessment
South Africa Construction Chemicals Market Share, By Companies
Competitive Benchmarking
Key Strategic Recommendations
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