Market Size of Africa Construction Chemicals Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Africa Construction Chemicals Market Analysis
The African construction chemicals market is expected to register a CAGR of over 3% during the forecast period.
COVID-19 has slowed construction activity, resulting in a drop in demand for construction chemicals. Supply chain disruptions and labor shortages have exacerbated the situation. Furthermore, the drop in oil prices has had a negative impact on the market, as it has reduced government spending on infrastructure projects. However, in 2021 the market recovered as governments invested heavily in infrastructure projects to stimulate economic growth.
- Over the short term, the need for construction chemicals is being driven by construction activities, a rising population, and urbanization in the area.
- However, the high cost of construction chemicals is expected to hamper the market growth.
- Nevertheless, opportunities for the market over the forecast period may emerge from the future market for green building materials. The growing demand for energy-efficient and sustainable building materials is expected to create opportunities for the African construction chemicals market.
- In terms of revenue, South Africa is expected to dominate the African construction chemicals market during the forecast period.
Africa Construction Chemicals Industry Segmentation
Construction chemicals are substances that are used to improve the properties of building materials such as asphalt, concrete, mortar, grout, and mortar. These materials can be used to reinforce and prolong the life of building materials, reduce shrinkage and cracking, improve water resistance, and provide corrosion protection. Examples of common construction chemical types include mixes, sealants, waterproofing agents, curing compounds, and protective coatings.
The African construction chemicals market is segmented into product type, end-user industry, and geography. By product type, the market is segmented into concrete admixtures, surface treatments, repair and rehabilitation, protective coatings, industrial flooring, waterproofing, adhesives, sealants, grouts and anchors, and cement grinding aids. By end-user industry, the market is segmented into commercial, industrial, infrastructure and public space, and residential. The report covers the market size and forecast in four countries in the African region. For each segment, the market sizing and forecasts have been done on the basis of value (USD million).
Product Type | |
Concrete Admixture | |
Surface Treatment | |
Repair and Rehabilitation | |
Protective Coatings | |
Industrial Flooring | |
Waterproofing | |
Adhesives | |
Sealants | |
Grouts and Anchor | |
Cement Grinding Aids |
End-user Industry | |
Commercial | |
Industrial | |
Infrastructure & Public Spaces | |
Residential |
Geography | |
South Africa | |
Nigeria | |
Algeria | |
Morocco | |
Rest of Africa |
Africa Construction Chemicals Market Size Summary
The African construction chemicals market is poised for growth, driven by increased infrastructure development and urbanization across the continent. Despite challenges such as the COVID-19 pandemic, which slowed construction activities and caused supply chain disruptions, the market has shown resilience. Governments are investing heavily in infrastructure projects to stimulate economic growth, which is expected to boost the demand for construction chemicals. The market is also seeing a shift towards green building materials, driven by the rising demand for energy-efficient and sustainable construction solutions. South Africa is anticipated to lead the market in terms of revenue, supported by significant government and private sector investments in infrastructure and residential developments.
The construction landscape in Africa is characterized by major infrastructure projects, particularly in countries like Nigeria and Egypt, which are driving the demand for construction chemicals. Nigeria's numerous projects in West Africa and Egypt's ambitious plans for green buildings and smart cities are creating opportunities for market players. South Africa's commitment to infrastructure spending and housing supply expansion further supports the market's growth prospects. The market is partially consolidated, with key players like BASF SE, Sika South Africa, and Dow actively participating in the region. Strategic acquisitions, such as Arkema's purchase of Permoseal and Saint-Gobain's acquisition of Chryso, are enhancing the capabilities and reach of these companies in the African construction chemicals market.
Africa Construction Chemicals Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 High Demand from Infrastructure Projects
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1.1.2 Demand for High-Strength, Energy Efficient Infrastructure
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1.2 Restraints
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1.2.1 Tightening Regulations on VOC Emissions
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1.2.2 Other Restraints
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1.3 Industry Value-Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 Product Type
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2.1.1 Concrete Admixture
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2.1.2 Surface Treatment
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2.1.3 Repair and Rehabilitation
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2.1.4 Protective Coatings
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2.1.5 Industrial Flooring
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2.1.6 Waterproofing
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2.1.7 Adhesives
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2.1.8 Sealants
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2.1.9 Grouts and Anchor
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2.1.10 Cement Grinding Aids
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2.2 End-user Industry
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2.2.1 Commercial
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2.2.2 Industrial
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2.2.3 Infrastructure & Public Spaces
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2.2.4 Residential
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2.3 Geography
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2.3.1 South Africa
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2.3.2 Nigeria
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2.3.3 Algeria
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2.3.4 Morocco
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2.3.5 Rest of Africa
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Africa Construction Chemicals Market Size FAQs
What is the current Africa Construction Chemicals Market size?
The Africa Construction Chemicals Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in Africa Construction Chemicals Market?
BASF SE , Chryso , Sika South Africa , Dow and SOCHEM are the major companies operating in the Africa Construction Chemicals Market.