South Africa Polycarbonate Market Size & Outlook
South Africa polycarbonate market, 2018-2030 (US$M)
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South Africa polycarbonate market highlights
- The South Africa polycarbonate market generated a revenue of USD 48.1 million in 2022 and is expected to reach USD 63.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 3.5% from 2023 to 2030.
- In terms of segment, electrical & electronics was the largest revenue generating end use in 2022.
- AUTOMOTIVE is the most lucrative end use segment registering the fastest growth during the forecast period.
Polycarbonate market data book summary
| Market revenue in 2022 | USD 48.1 million |
| Market revenue in 2030 | USD 63.3 million |
| Growth rate | 3.5% (CAGR from 2022 to 2030) |
| Largest segment | Electrical & electronics |
| Fastest growing segment | AUTOMOTIVE |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Covestro AG, Teijin Ltd, Mitsubishi Corp, Trinseo PLC, Idemitsu Kosan Co Ltd, Lotte Chemical, LG Chem, SABIC, Lone Star Chemical, CHIMEI, Entec Polymers, RTP Company |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.3% of the global polycarbonate market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia polycarbonate market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 142.2 million by 2030.
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Polycarbonate Market Scope
Polycarbonate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa polycarbonate market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polycarbonate market will help companies and investors design strategic landscapes.
Electrical & electronics was the largest segment with a revenue share of 25.99% in 2022. Horizon Databook has segmented the South Africa polycarbonate market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa is one of the leading countries in terms of automotive production in the MEA. Expanding automotive industry has significantly contributed to its GDP. The regulations laid down by the Department of Trade and Industry have further boosted the production of automobiles. Thus, the demand for polycarbonate is on the rise.
The growth of the chemical manufacturing segment is expected to positively impact the demand for polycarbonate packaging in the aforementioned industry. The presence of major auto makers has also helped significantly in reducing inflation as well as unemployment.
The country is characterized by the presence of foreign manufacturers, such as Volkswagen, BMW, Chrysler, Ford, Nissan, General Motors, and Toyota, which have production plants in South Africa. These players are attempting to increase their production capacity to gain higher market shares.
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Our clientele includes a mix of polycarbonate market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa polycarbonate market , including forecasts for subscribers. This country databook contains high-level insights into South Africa polycarbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa polycarbonate market size, by end use, 2018-2030 (US$M)
South Africa Polycarbonate Market Outlook Share, 2022 & 2030 (US$M)
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