Govt. Development Plan Boosts Demand for Thermoset Resins in South Africa

摘要

According to a new report from Frost and Sullivan, the frenzied pace of in-frastructural developments in South Africa and Kenya is growing the market for thermoset resins in both countries. Significant government investment, especially in low-cost housing, road and other non-domestic structures, has given a boost to the paints and coatings, construction chemicals and composites markets. These markets, in turn, have raised the demand for thermoset resins. New analysis from Frost & Sullivan, Analysis of the Thermoset Resins Market in South Africa and Kenya, finds that the market earned combined revenues of $280.8 million in 2013 and estimates this to reach $339.4 million in 2017. South Africa accounted for 97.5 percent of the total sales and Kenya, the remaining 2.5 percent.