Detailed Analysis of the Downstream Polyethylene Market in South Africa (2019 to 2024) – ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Analysis of the Downstream Polyethylene Market in South Africa, Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.


Based on drivers and restraints and the country's GDP growth which is expected to expand from 1.4% in 2019 to 1.8% in 2023, the growth rate for the PE market is forecast to increase from 1.4% in 2019 to 2.5% in 2024. The growth rate for the HDPE market is forecast to increase from 1.4% in 2019 to 2.5% in 2023. For the LDPE market, the growth rate should rise from 1.4% in 2019 to 2.5% in 2024.

The South African polyethylene (PE) market is segmented by analyzing the supply and demand-side dynamics. From a supply standpoint, the local PE manufacturing industry is consolidated with only two companies. Suppliers in the country largely export linear low-density polyethylene (L/LDPE) and a smaller percentage of high-density polyethylene (HDPE). They also export PE to other Southern African countries and China.

From a demand standpoint, the converter market is well established and relatively fragmented due to the array of PE grades and applications demanded by end-user industries. PE downstream applications can be segmented as blow molding, rotational molding, injection molding, film, coatings, and pipe & sheet applications. The various industries utilizing these downstream applications include consumer goods, medical and pharmaceuticals, packaging, automotive, and construction amongst others.

In terms of material and product development, functionality and performance are the key Mega Trends; these are the two top qualities sought by customers across industries. End-user industries, such as electrical and electronics, automotive and construction are evolving constantly, leading to the requirement for technically and functionally superior performance. Engineering plastics are increasingly feeling the pressure from high-performance polymers in new applications.

The global plastics market is reeling under the weight of regulations concerning health hazards and emissions. With rising public consciousness, South Africa is making strides with greener alternatives. Bio-based alternatives are now gaining ground. For instance, the Council of Science for Scientific and Industrial Research has developed a 100% biodegradable carrier bag made from maize and sugarcane by-products.

The major restraint that can be observed is that the plastics conversion industry is characterized by outdated equipment, which limits the global competitiveness of the country's plastics sector. The utilization of outdated equipment affects both productivity and product quality. This is a result of low investment in new technology due to the lowering of the industry's profit margins, which in turn reduces the availability of new equipment.

Key Topics Covered:

1. Executive Summary

  • Key Findings

2. Polyethylene Market Overview

  • Scope of the Study
  • Key Questions this Study will Answer
  • PE Grades by Demand Application
  • Macro Overview - South Africa
  • Key Sectors Affecting the South African PE Market - Retail
  • Key Sectors Affecting the South African PE Market - Mining
  • Key Sectors Affecting the South African PE Market - Construction
  • Key Sectors Affecting the South African PE Market - Agriculture

3. Total South African PE Market Analysis

  • PE Value Chain
  • PE Value Chain Explained
  • Total South African PE Market Size
  • PE Trade by Volume

4. Competitive Analysis

  • PE Production Capacity
  • PE Competitive Environment
  • PE Competitive Environment Assessment
  • Top HDPE Industries by Application
  • Top L/LDPE Industries by Application
  • Top HDPE Market Participants by Application
  • Top L/LDPE Market Participants by Application

5. Polyethylene Demand by Application

  • PE Split by Application
  • Blow Molding - Demand Overview
  • Injection Molding - Demand Overview
  • Rotational Molding - Demand Overview
  • Film - Demand Overview
  • Coating - Demand Overview
  • Pipe and Sheet - Demand Overview

6. Converter Segmentation

  • Customer Segmentation
  • Blow Molding - Customer Segmentation
  • Blow Molding - Plastic Converters
  • Injection Molding - Customer Segmentation
  • Injection Molding - Plastic Converters
  • Rotational Molding - Customer Segmentation
  • Rotational Molding - Plastic Converters
  • Extrusion Molding - Customer Segmentation
  • Extrusion Molding - Plastic Converters

7. Converter Characteristics

  • Raw Polymer Supply Chain
  • Raw Polymer Supply Chain Discussion
  • Product Positioning Across Regions

8. Drivers and Restraints - Total South African PE Market

  • Market Opportunities
  • Market Drivers
  • Drivers Explained
  • Market Restraints
  • Restraints Explained

9. Total South African PE Market Forecast

  • PE Market Forecast Explained
  • PE Product Market

10. HDPE Segment Forecast

  • HDPE Segment Size
  • HDPE Product Segment

11. L/LDPE Segment Forecast

  • L/LDPE Segment Size
  • L/LDPE Segment Market

12. Growth Opportunities and Companies to Action

  • Growth Opportunity 1 - Product Development & Tailor Made Applications to Capture New Application Markets and Product Differentiation
  • Growth Opportunity 2 - Increasing PE Demand from South Africa's Mining Industry
  • Growth Opportunity 3 - Inorganic Growth Strategies for the South African Market
  • Strategic Imperatives for PE Manufacturers and Converters

For more information about this report visit https://www.researchandmarkets.com/r/j8t20e


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900