South Africa Construction Chemicals Market: Aarkstore.Com

South Africa Construction Chemicals Market By Type, By End User, Competition Forecast and Opportunities, 2010 2020

Construction chemicals are a class of specialty chemicals added to construction materials for improving quality, durability, chemical resistance, and other physical and chemical properties of a concrete structure. Construction chemicals market in South Africa is anticipated to witness strong growth during 2015 - 2020, due to rising construction activities in residential and commercial sectors, coupled with implementation of government initiatives for development of urban centers, schools, hospitals, dams, educational institutions, ports, roads and railway networks. Eco-friendly building practices are gaining popularity in the countrys construction industry, thereby driving demand for innovative construction chemicals that have minimal carbon footprint.

According to South Africa Construction Chemicals Market By Type, By End User, Competition Forecast and Opportunities, 2010 2020, the construction chemicals market in South Africa is projected to grow at a CAGR of over 6% during 2015 - 2020, on account of increasing infrastructure development and rising construction activities across commercial and residential sectors in the country. In 2014, concrete construction chemicals accounted for a majority share in South Africa construction chemical market, and the segment is anticipated to continue its market dominance through 2020, owing to increasing applications in new construction projects and repair & maintenance of existing buildings. In 2014, Gauteng province was the largest regional market for construction chemicals, due to rising urbanization and trade activities in the province. Sika, BASF, StonCor, Technical Finishes and Chryso are few of the major players operating in South Africa construction chemicals market. South Africa Construction Chemicals Market By Type, By End User, Competition Forecast and Opportunities, 2010 2020 report...