Chemicals

African continent could be the place in the coming years. With a rich source of available raw materials coupled with rising demand from the increasing population and growing income levels, Africa could be an interesting place for chemical companies to explore for growth and investment. Clearly there are challenges to overcome; political instability; complex demographics; unstable energy supply and poor infrastructure; but it is clear that these are starting to diminish in some countries. Indeed, the chemical industry could play a role in helping to overcome some of these challenges.

Major Chemical Industies

Construction

Changing lifestyles, growing urbanization trend, and demand for enhanced esthetics of residential and infrastructures are also supporting the growth of the market, Market with huge growth potential, fastest-urbanizing regions, with annual growth rates between 2-10%

Automotive & Mobility

Increasing infrastructural developments and rising urbanization: African commercial vehicles (CV) market is expected to grow at annual growth rate (CAGR) of 6.1%

Energy Production & Consumption

Middle class will more than double in the next 15 years. Demand for energy increases with more people expecting access to air- conditioned homes, cars and appliances like refrigerators, dishwashers and smartphones