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Africa is a rapidly growing market for products globally, and the chemicals industry is expected to significantly benefit from this growth, especially the construction chemical paints and coatings and industrial adhesives sectors. The spurt in growth is the result of rapid urbanisation, a growing middle class, and rising consumer spending. This stu...

The global oil and gas PPE market generated a revenue of $6.3 billion in 2018 and is expected to grow at a CARG of 3.7% between 2018 and 2023. Protective clothing, protective footwear, and gas protection are the major product segments; they accounted for 25.5%, 25.3%, and 11.8%, respectively, and are set to see the highest growth. North America, AP...

07 Dec 2020  |  Africa  |  Market Research

Network Diversification and Fleet Optimization Power the Commercial Aerospace Market in Africa, 2020

Strategic Partnering and Network Expansion are Top Growth Strategies for Pandemic-hit Airlines

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Over the last decade, Africa, along with the Asia-Pacific, has grown the fastest in terms of GDP and had an average annual growth rate of 6% or more. Still, most of the countries in the continent have to significantly improve their political stability and public infrastructure to attract new investments and properly integrate themselves with furthe...

27 Oct 2021  |  Africa  |  Market Research

Middle East & Africa Defense Industry Growth Opportunities

Strategic Partnering to Transform Indigenous Defense Capabilities

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The Middle East and Africa (MEA) defense spending forecast for 2021–2030 will undergo a period of instability and high levels of tension due to the COVID-19 pandemic and the economic and national instability in the region. Major points of interest that could have an impact on geopolitical relations and a cascading effect on the wider defense indust...

This market insight provides a consolidated overview of the economic climate and the automotive and vehicle financing markets of Nigeria and Kenya. The study looks into trends driving sales and leasing and the associated behaviour of buyers, while discussing macroeconomic challenges related to the wider economy and banking sector. It examines new c...

South Africa's managed services market is at its infancy stage and is viewed by service providers as an exciting market with endless opportunities. Companies are looking to transform from a capital expenditure model to operating expenditure model by reducing their total cost of ownership. The recent economic downturn and the constant pressure on bu...

Nigeria and Kenya's managed services market is at its infancy stage and is viewed by service providers as an exciting market with endless opportunities. Companies are seeking to transform from a capital expenditure model to operating expenditure model by reducing their total cost of ownership. The recent economic downturn and the constant pressure ...

The South African leasing market is constantly evolving as leasing companies and OEMs continue to develop products to meet the ever-changing needs of their customers. Significant growth within the operational leasing market in South Africa is expected as consumers become increasingly aware of the benefits of leasing. The market will be marked by in...

Countries with comparatively major industrial activities in Africa are South Africa, Egypt, Algeria, Nigeria, Morocco, and Kenya. There is lack of a well-developed manufacturing sector in a number of African countries. This has resulted in the presence of companies that are focused on supplying finished chemical products, rather than chemical raw m...