Africa Construction Chemicals Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
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.
Key HighlightsThe African construction chemicals market is partially consolidated in nature. Some of the major players in the market include BASFSE, Sika South Africa, Dow, Chryso, SOCHEM, and other companies.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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