South Africa Construction Chemical Market (2021-2027) | Share, Growth, Size, Industry, Forecast, Analysis, COVID-19 IMPACT, Trends, Outlook, Companies, Revenue & Value

South Africa Construction Chemicals Market report comprehensively covers the market by types and end users. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.

South Africa Construction Chemical Market Synopsis

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. However, the gradual lifting of lockdown measures, opening of economic activities and supply chain returning to normalcy would have a positive impact on the construction chemicals market and the revenues are anticipated to grow significantly over the forthcoming period.

According to 6Wresearch, South Africa Construction Chemical Market size is projected to grow at CAGR of 6.7% during 2021-27. The market is anticipated to register growth over the coming years as South Africa is expected to witness a surge in the construction activities as a result of rapid urbanization and ongoing government efforts to boost infrastructure development. Several initiatives such as Capital Mall, Ellipse Cassini, Johannesburg Airport Expansion, National infrastructure development plan & Infrastructure Investment Plan added with 276 projects would give a tremendous boost to the construction outlook of residential, healthcare, transportation, hospitality, and commercial sectors of the country. Furthermore, Multi-Modal Infrastructure Project, Tygerberg, National Development plan such as the South Africa Vision 2030 which aims at developing and strengthening public sectors such as housing, transportation, infrastructure, tourism, and retail, thus creating a huge potential for construction chemicals market in the country.

Market Analysis by Type

Based on types, concrete admixtures segment held a considerable share in market revenues during 2020 and is anticipated to continue to maintain its dominance during the forecast period as well owing to increase in demand for the concrete admixtures in the country as the aforementioned chemical is a pre-requisite in almost all construction activities. Further, as a result of increasing number of infrastructural development projects across Nedbank & DBSA Green Housing, Balwin Properties and Transcend Project and several other such projects, infrastructure segment acquired a dominant share in the construction chemicals market in South Africa and would continue to lead the market over the coming years.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2017 to 2020.
• Base Year: 2020
• Forecast Data until 2027.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

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

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

Markets Covered:

• By Product Types
• Concrete Admixtures
• Water Proofing and Roofing
• Repair
• Flooring
• Sealants and Adhesives
• Others (Surface Treatment, Protective Coatings, Grout & Anchor and Cement Grinding Aids)
• By Region
• Residential
• Commercial
• Industrial
• Infrastructure

Other Key Reports Available:

• UAE Construction Chemicals Market (2021-2027)
• Saudi Arabia Construction Chemicals Market (2021-2027)
• India Construction Chemicals Market (2021-2027)

South Africa Construction Chemical Market: FAQs