Description

The boom in the South African chemical sector is driving the automation and control solution (ACS) market. In 2006, ACS industry grew by 8.2%, translating into revenues of $18 million from the chemical sector. This trend is expected to remain as retrofit opportunities and overseas demands for South African chemical products are forecasted to grow strongly. This Frost & Sullivan market engineering study provides a thorough analysis of the drivers, restraints and challenges faced by ACS providers in the South Africa chemicals sector. It also highlights forecasted revenues by segments and active players until 2013.