This Frost & Sullivan research study aims to provide an overview of the chemicals companies in South Africa by providing insight into the chemicals industry. Company profiles are included for Tier I and selected Tier II chemicals companies across various end users. The research topics covered include an industry overview and background, Mega Trends, and drivers and restraints for chemicals in South Africa.
The chemicals industry in South Africa was founded as a result of the demand for explosives for the mining industry during the late 1800s to support large-scale mining operations. The industry grew into nitrogen-based fertilizers and sulphuric acid and later to the manufacture of oil from coal in the 1950s.
Today the South African chemicals industry is estimated to be a R30 billion industry, making it the largest in Africa. However, the industry is relatively small in comparison to global standards, and production facilities are small and out of date.
It can be characterised as dynamic, diversified, and highly competitive.
It is a mature industry that is dominated by large multinational companies as well as well-established local companies that make use of local distribution networks. These large companies have used acquisition strategies to gain market share and expand geographically.
The South African chemicals industry depends on imports for a significant amount of raw input materials, which makes the market highly susceptible to exchange rate fluctuations.
The recent work stoppages due to protest actions in the mining industry have had negative effects on production levels and the demand for chemicals.
South Africa’s increasing population and rising middle class is driving the demand for chemicals in a number of markets such as construction, paints and coatings, water treatment, agrichemicals, and home and personal care.
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