According to BlueQuark Research & Consulting, Adhesives & Sealants industry in South Africa is expected to witness a significant growth rate during the forecasted period. The major market drivers and restraints are covered in the study.

Further, analysis of the major end-uses of adhesives & sealants in South Africa is also discussed - including Building & Construction, Paperboard & Packaging, Transportation, Woodworking & Joinery, Footwear & Leather, Healthcare, among others.

South Africa Macroeconomic Factors:

According to the International Monetary Fund, the real GDP growth rate of South Africa is estimated to reach at 3.1% by the end of 2021 and forecasted to reach at 1.3% by the end of 2026.

Transportation Segment:

South Africa automotive production output registered at 447.22 thousand units in 2020 compared to 631.92 thousand units in 2019, with a year-on-year growth rate of -29.23%.

South Africa Adhesives Trade Scenario:

South Africa's prepared glues and other prepared adhesives imports and exports valued at USD 59.94 million and USD 23.89 million in 2020 compared to 65.64 million and USD 28.12 million in 2019.

BlueQuark's South Africa Adhesives & Sealants Industry Outlook briefing report provides concise insights into the South Africa's current and future state across the country that is essential for anyone wanting to gain a quick and comprehensive understanding of the industry.

This report also offers an extensively researched competitive landscape section with profiles of prominent companies.

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