South Africa Specialty Chemicals Market Size & Outlook
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South Africa specialty chemicals market highlights
- The South Africa specialty chemicals market generated a revenue of USD 5,416.5 million in 2024 and is expected to reach USD 6,618.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 3.4% from 2025 to 2030.
- In terms of segment, case was the largest revenue generating industry in 2024.
- Other Industries is the most lucrative industry segment registering the fastest growth during the forecast period.
Specialty chemicals market data book summary
| Market revenue in 2024 | USD 5,416.5 million |
| Market revenue in 2030 | USD 6,618.7 million |
| Growth rate | 3.4% (CAGR from 2025 to 2030) |
| Largest segment | Case |
| Fastest growing segment | Other Industries |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CASE, Institutional & Industrial Cleaners, Rubber Processing Chemicals, Food & Feed Additives, Cosmetic Chemicals, Oilfield Chemicals, Specialty Pulp & Paper Chemicals, Specialty Textile Chemicals, Water Treatment Chemicals, Construction Chemicals, Electronic Chemicals, Mining Chemicals, Pharmaceutical Additives, Other Industries |
| Key market players worldwide | Solvay SA, Evonik Industries AG, Clariant AG, Akzo Nobel NV, DuPont de Nemours Inc, Kemira Oyj, Lanxess AG, Croda International PLC, Huntsman Corp, The Lubrizol Corp, Albemarle Corp |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.6% of the global specialty chemicals market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia specialty chemicals market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 17,726.4 million by 2030.
Case was the largest segment with a revenue share of 37.17% in 2024. Horizon Databook has segmented the South Africa specialty chemicals market based on case, institutional & industrial cleaners, rubber processing chemicals, food & feed additives, cosmetic chemicals, oilfield chemicals, specialty pulp & paper chemicals, specialty textile chemicals, water treatment chemicals, construction chemicals, electronic chemicals, mining chemicals, pharmaceutical additives, other industries covering the revenue growth of each sub-segment from 2018 to 2030.
Automotive is the largest manufacturing industry in South Africa and plays a vital role in contributing to the country’s economy, as well as forms a key end user for specialty chemicals in the country. The government of South Africa has introduced a plan to expand the country’s automotive sector and double the number of people employed in the country by 2035. The expansion of automotive industry is expected to create a significant demand for plastic additives, specialty coatings, polymers, and other specialty chemicals in the country.
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Specialty Chemicals Market Scope
Specialty Chemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Kemira Oyj | View profile | 4690 | Energiakatu 4, P.O. Box 330, Helsinki, Finland, FI-00180 | https://www.kemira.com |
| Croda International PLC | View profile | 5852 | Cowick Hall, Snaith, Goole, East Yorkshire, United Kingdom, DN14 9AA | https://www.croda.com |
| Albemarle Corp | View profile | 9000 | 4250 Congress Street, Suite 900, Charlotte, NC, United States, 28209 | https://www.albemarle.com |
| Clariant AG | View profile | 10481 | Rothausstrasse 61, Muttenz, Switzerland, 4132 | http://www.clariant.com |
| Lanxess AG | View profile | 12621 | Kennedyplatz 1, Cologne, Germany, 50569 | https://www.lanxess.com |
| Akzo Nobel NV | View profile | 35500 | Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW | https://www.akzonobel.com |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| The Lubrizol Corp | View profile | 5001-10000 | Wickliffe, Ohio, United States, North America | http://www.lubrizol.com/ |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
South Africa Industry - Specialty Chemicals Market size, 2024 - 2030 (US$M)
South Africa Specialty Chemicals Market Outlook Share, 2024 & 2030 (US$M)
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