South Africa Chemicals Market Summary, Competitive Analysis and Forecast to 2028

Key Highlights

• The chemicals market is categorized into commodity chemicals, specialty chemicals, agriculture chemicals, and other. Market values are taken as the country's consumption of chemical products at producer selling price (PSP).
• The South African chemicals market had total revenues of $13.5 billion in 2023, representing a compound annual growth rate (CAGR) of 1.7% between 2018 and 2023.
• The commodity chemicals segment accounted for the market's largest proportion in 2023, with total revenues of $6.6 billion, equivalent to 49.2% of the market's overall value.
• According to Statistics of South Africa, the electricity, gas & water sectors scored a second consecutive quarter of growth, expanding by 2,3% in 2023. The rise in electricity production and consumption reflects positively on the GDP numbers.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the chemicals market in South Africa
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the chemicals market in South Africa
• Leading company profiles reveal details of key chemicals market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the South Africa chemicals market with five year forecasts

Reasons to Buy

• What was the size of the South Africa chemicals market by value in 2023?
• What will be the size of the South Africa chemicals market in 2028?
• What factors are affecting the strength of competition in the South Africa chemicals market?
• How has the market performed over the last five years?
• Who are the top competitors in South Africa's chemicals market?