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Released July 28, 2021 | NEW DELHI
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Researched by Industrial Info Resources (Sugar Land, Texas)--Africa's Chemical Processing Industry is set for growth in the coming years. While Asia remains dominant globally, urbanization is expected to drive chemical development in Africa and some parts of the Middle East.

The surge in urbanization will have a major impact on the development of Africa's infrastructure, giving rise to construction and driving considerable demand for building materials, paints, coatings and construction chemicals in key African countries.

Industrial Info is tracking nearly 700 projects, valued at more than $51 billion, in various chemical sectors across Africa. Grassroot developments account for 90 projects valued at about $41 billion, followed by 35 unit additions valued at nearly $7.4 billion; the remainder is attributed to expansions, modernizations, upgrades, refurbishments, etc. to increase capacity.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list of related projects.

AttachmentClick on the image at right for a graph detailing Africa's chemical projects, by country.

Among the commodities set to witness growth are nitrogenous fertilizers ($23 billion worth of projects across Africa), phosphatic fertilizers ($8.5 billion) and industrial organic chemicals ($8.4 billion).

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.

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