Infinium Global Research, a renowned market research firm, has recently published a comprehensive report on the evolving landscape of the Polymers and Biopolymers Market in Africa. This in-depth study delves into the sector's segments, sub-segments, and market dynamics, offering critical insights into both short-term and long-term trends. The Africa polymers and biopolymers market was valued at nearly USD 14,043.1 million in 2022 and is expected to reach more than USD 19,350.9 million in 2030, with a CAGR of about 4.09% during the forecast period.
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The report spotlights the immense potential of the polymers and biopolymers market in Africa, a continent rich in natural resources. Polymers, large molecules composed of repeating structural units, and biopolymers, synthesized by living organisms, play pivotal roles in various industries across the region.
Significant Highlights:
Diverse Industry Landscape: Africa is home to thriving polymer and biopolymer industries, with key sectors including plastics, rubber, and cellulose production. South Africa leads the way in plastics manufacturing, while Nigeria and Egypt are prominent in rubber and cellulose production, respectively.
Growing Plastic Usage: The demand for plastics has been steadily increasing, driven by industries such as construction, automotive, and packaging. Plastics are gradually replacing traditional materials in the automotive sector, owing to their lightweight, cost-effectiveness, and flexibility.
Bio-Polymers on the Rise: The market is witnessing a surge in the adoption of bio-polymers, reflecting a growing awareness of sustainability within the African plastics industry. As the world focuses on sustainable solutions, bio-polymers are poised for significant growth.
Investment Opportunities: Africa is emerging as a favorable destination for companies seeking to expand their industrial operations. This trend presents lucrative growth opportunities for the polymers and biopolymers market.
Geographic Market Dynamics:
Egypt Leading the Way: Egypt is expected to experience the most rapid growth in the forecast period. This is attributed to the surging demand for plastics, driven by population growth and rising consumption.
Nigeria's Steady Growth: As the largest economy in Africa, Nigeria has experienced consistent growth in the polymers and biopolymers market over the past years.
South Africa's Prominence: South Africa boasts a well-established automotive industry and increasing demand for polymers and biopolymers. This market is driven by sectors like automotive, construction, and packaging.
Market Segmentation:
The report provides an in-depth analysis of the market, segmenting it by product type, application, and end-use sector:
Product Types: Includes polymers and biopolymers.
Applications: Encompasses films, roto moulding, injection moulding, packaging, pipes, woven sacks, and others.
End-Use Sectors: Involves automotive, appliances, furniture, caps & closures, fertilizer, agriculture, fibre & filaments, dwc pipes, and others.
Key Players:
Profiles of companies in the market are included in the report, such as Advanced Polymer, Inc., Sasol Limited, Plastimed, SAFRIPOL, Dow, BASF SE, Exxon Mobil Corporation, Indorama Ventures Public Company Limited, Tufbag, and Solvay.
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Table of Contents
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Polymers and Biopolymers Market Highlights
2.2. Polymers and Biopolymers Market Projection
2.3. Polymers and Biopolymers Market Country Highlights
Chapter 3. Africa Polymers and Biopolymers Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Product Type
3.4.2. IGR-Growth Matrix Analysis by Application
3.4.3. IGR-Growth Matrix Analysis by End-use Sector
3.4.4. IGR-Growth Matrix Analysis by Country
3.5. Value Chain Analysis of Polymers and Biopolymers Market
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Africa Polymers and Biopolymers Market
5.2. Companies Profiles
5.2.1. Advanced Polymer, Inc.
5.2.2. Sasol Limited
5.2.3. Plastimed
5.2.4. SAFRIPOL
5.2.5. Dow
5.2.6. BASF SE
5.2.7. Exxon Mobil Corporation
5.2.8. Indorama Ventures Public Company Limited
5.2.9. Tufbag
5.2.10. Solvay
Chapter 6. Africa Polymers and Biopolymers Market by Product Type
6.1. Polymers
6.1.1. LLDPE
6.1.2. Special LLDPE
6.1.3. LDPE
6.1.4. mLLDPE
6.1.5. HDPE
6.1.6. PPHP
6.1.7. PPCP/ICP
6.1.8. RCP
6.1.9. Others
6.2. Biopolymers
6.2.1. Biodegradable
6.2.2. Non-biodegradable
Chapter 7. Africa Polymers and Biopolymers Market by Application
7.1. Films
7.2. Roto Moulding
7.3. Injection Moulding
7.4. Packaging
7.5. Pipes
7.6. Woven Sacks
7.7. Others
Chapter 8. Africa Polymers and Biopolymers Market by End-use Sector
8.1. Automotive
8.2. Appliances
8.3. Furniture
8.4. Caps & Closures
8.5. Fertilizer
8.6. Agriculture
8.7. Fibre & Filaments
8.8. DWC Pipes
8.9. Others
Chapter 9. Africa Polymers and Biopolymers Market by Country 2023-2030
9.1. Nigeria
9.1.1. Nigeria Polymers and Biopolymers Market by Product Type
9.1.2. Nigeria Polymers and Biopolymers Market by Application
9.1.3. Nigeria Polymers and Biopolymers Market by End-use Sector
9.2. South Africa
9.2.1. South Africa Polymers and Biopolymers Market by Product Type
9.2.2. South Africa Polymers and Biopolymers Market by Application
9.2.3. South Africa Polymers and Biopolymers Market by End-use Sector
9.3. Rest of Africa
9.3.1. Rest of Africa Polymers and Biopolymers Market by Product Type
9.3.2. Rest of Africa Polymers and Biopolymers Market by Application
9.3.3. Rest of Africa Polymers and Biopolymers Market by End-use Sector
In summary, the polymers and biopolymers market in Africa is set for substantial growth, driven by the booming plastic industry, increasing awareness of sustainability, and a favorable investment climate. The report by Infinium Global Research serves as an essential guide for stakeholders looking to harness the potential of this dynamic market.
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Reasons to Buy this Report:
=> Comprehensive analysis of regional markets of Africa polymers and biopolymers.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
