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Africa Polyamide Market Size

The Africa Polyamide Market is experiencing significant growth, driven by its expanding application in key industries such as automotive and electronics. The automotive sector stands out as the largest end-user, with increased vehicle production in regions like Kenya and Nigeria, which are becoming central hubs for automotive manufacturing due to favorable economic policies and investment opportunities. This growth in vehicle production is expected to substantially boost the demand for polyamide resins. Additionally, the electronics industry is also contributing to the market's expansion, with rising production of electronic components further driving the need for polyamide materials. South Africa and Nigeria are notable consumers within the region, with their burgeoning packaging and automotive industries playing a crucial role in the market's dynamics.

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Market Size of africa polyamide Industry

Africa Polyamide Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 138.75 Million
svg icon Market Size (2029) USD 201.40 Million
svg icon Largest Share by End User Industry Automotive
svg icon CAGR (2024 - 2029) 7.74 %
svg icon Largest Share by Country South Africa
svg icon Market Concentration Medium

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Africa Polyamide Market Analysis

The Africa Polyamide Market size is estimated at 138.75 million USD in 2024, and is expected to reach 201.40 million USD by 2029, growing at a CAGR of 7.74% during the forecast period (2024-2029).

138.75 Million

Market Size in 2024 (USD)

201.40 Million

Market Size in 2029 (USD)

2.47 %

CAGR (2017-2023)

7.74 %

CAGR (2024-2029)

Largest Market by End-user Industry

28.89 %

value share, Automotive, 2023

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Due to its temperature and chemical resistance, PA is used in a wide range of automotive applications, including intake manifolds, fuel lines, underhood parts, and other products.

Fastest Growing Market by End-user Industry

10.45 %

Projected CAGR, Electrical and Electronics, 2024-2029

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Owing to the increasing advancements in sustainable solutions, including lightweight properties, the demand for PA is increasing in electronics and is projected to witness the fastest growth.

Largest Market by Sub Resin Type

46.67 %

value share, Polyamide (PA) 6, 2023

Owing to its applications and the highest shares in various industries, including automotive, electrical and electronics, aerospace, and construction, PA 6 resin occupied the largest share.

Largest Market by Country

38.60 %

value share, South Africa, 2023

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Owing to the huge volume share of 44.36% of Africa's automotive production, South Africa dominated the market.

Leading Market Player

33.17 %

market share, Celanese Corporation, 2022

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Due to its significant geographic presence and offering of PA materials with improved mechanical property retention with exposure to moisture, chemicals, and high temperatures, Celanese dominated the market.

The automotive segment is the largest and fastest-growing end-user industry

  • The automotive segment is the largest end-user industry in the African polyamide market. Vehicle production in the region reached 1.36 million units in 2022, recording a CAGR of 3.51% by revenue from 2020. Kenya has various opportunities for investments in the field of automobile production. In line with favorable economic policies, Kenya has become the ideal hub for automotive manufacturers to gain entry into the eastern and central parts of Africa in order to grow their businesses. Through increased foreign direct investments and trade, the African automotive industry's growth strategies are focused on becoming highly integrated with the global automotive environment. Such factors are, in turn, fueling the growth of the African polyamide market.
  • Electronics is the region's second-largest end-user industry. Over the coming years, rising production of electronics components in the region is expected to drive demand for polyamide resins. The demand for consumer electronics in Africa is expected to register a CAGR of 13.85% and reach a value of USD 17.79 billion by 2027. As a result, the region's increased production in the electrical and electronics end-user industry is expected to result in the segment recording a CAGR of 7.72% by revenue over the forecast period.
  • Automotive is the fastest-growing end-user industry for polyamide resin in the regional market, expected to register a CAGR of 9.28% by value during the forecast period (2023-2029). Vehicle production in the region is projected to reach 1.74 million units in 2029 from 1.23 million units in 2023. This increase in vehicle production in the region is projected to drive demand for polyamide resins in Africa over the forecast period.
Africa Polyamide Market

South Africa is the largest and the fastest-growing country

  • Africa accounted for nearly 0.89% of the global consumption of polyamide resin in 2022. These resins exhibit versatile properties, which they find applications in various industries, such as automotive, packaging, and electrical and electronics.
  • South Africa is the region's largest consumer country of polyamide resin due to its rising packaging and automotive industries, which held a revenue share of 38.76% and 33.4% in 2022. Plastic packaging products in the country increased at an annual rate of 2.20% in 2022 and reached around 0.94 million tons. Moreover, automotive production in the country reached 0.53 million units in 2022 from 0.51 million units in 2021. The rising plastic packaging and automotive production are projected to drive the demand for PET resin in the country in the coming years.
  • Nigeria is the second-largest country in the African polyamide resin market which is expected to register a CAGR of 5.65% in terms of value during the forecast period. The country's demand for polyamide resin is increasing significantly due to rising vehicle production, increasing building and construction activities, etc. Automotive production in the country reached 0.39 million units in 2022 from 0.37 million units in 2021. As Nigeria's population continues to rate of more than 2.5% per year and is projected to reach 400 million by 2050, the country's existing infrastructure is at risk of becoming overburdened in the coming years. Therefore, between 2021 and 2025, the construction market in Nigeria is projected to experience an annual growth rate of 3.2%. Thereby, it is projected to drive the demand for polyamide resin in the future.

Africa Polyamide Industry Segmentation

Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging are covered as segments by End User Industry. Aramid, Polyamide (PA) 6, Polyamide (PA) 66, Polyphthalamide are covered as segments by Sub Resin Type. Nigeria, South Africa are covered as segments by Country.

  • The automotive segment is the largest end-user industry in the African polyamide market. Vehicle production in the region reached 1.36 million units in 2022, recording a CAGR of 3.51% by revenue from 2020. Kenya has various opportunities for investments in the field of automobile production. In line with favorable economic policies, Kenya has become the ideal hub for automotive manufacturers to gain entry into the eastern and central parts of Africa in order to grow their businesses. Through increased foreign direct investments and trade, the African automotive industry's growth strategies are focused on becoming highly integrated with the global automotive environment. Such factors are, in turn, fueling the growth of the African polyamide market.
  • Electronics is the region's second-largest end-user industry. Over the coming years, rising production of electronics components in the region is expected to drive demand for polyamide resins. The demand for consumer electronics in Africa is expected to register a CAGR of 13.85% and reach a value of USD 17.79 billion by 2027. As a result, the region's increased production in the electrical and electronics end-user industry is expected to result in the segment recording a CAGR of 7.72% by revenue over the forecast period.
  • Automotive is the fastest-growing end-user industry for polyamide resin in the regional market, expected to register a CAGR of 9.28% by value during the forecast period (2023-2029). Vehicle production in the region is projected to reach 1.74 million units in 2029 from 1.23 million units in 2023. This increase in vehicle production in the region is projected to drive demand for polyamide resins in Africa over the forecast period.
End User Industry
Aerospace
Automotive
Building and Construction
Electrical and Electronics
Industrial and Machinery
Packaging
Other End-user Industries
Sub Resin Type
Aramid
Polyamide (PA) 6
Polyamide (PA) 66
Polyphthalamide
Country
Nigeria
South Africa
Rest of Africa
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Africa Polyamide Market Size Summary

The Africa polyamide market is experiencing significant growth, driven by its diverse applications across various industries such as automotive, electronics, and packaging. The automotive sector stands out as the largest end-user, with countries like Kenya emerging as key hubs for vehicle production due to favorable economic policies and increased foreign investments. This growth in the automotive industry is closely linked to the rising demand for polyamide resins, which are valued for their versatile properties. The electronics sector also contributes to the market's expansion, with increasing production of electronic components anticipated to boost demand for polyamide resins. South Africa, as the leading manufacturing hub, plays a crucial role in supplying the region's electronics needs, despite the reliance on imports for consumer electronics.

The market landscape is moderately consolidated, with major players like Arkema, Celanese Corporation, DSM, EMS-Chemie Holding AG, and LANXESS dominating the scene. These companies are actively enhancing their product offerings, as seen in recent developments such as DSM's introduction of new polyamide grades and Celanese's acquisition of DuPont's Mobility & Materials business. The demand for polyamide resins is further supported by the growing construction activities in countries like Nigeria, driven by its increasing population and urbanization. Overall, the Africa polyamide market is poised for robust growth, supported by strategic investments, technological advancements, and a focus on sustainable practices.

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Africa Polyamide Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 1.1 End User Industry

      1. 1.1.1 Aerospace

      2. 1.1.2 Automotive

      3. 1.1.3 Building and Construction

      4. 1.1.4 Electrical and Electronics

      5. 1.1.5 Industrial and Machinery

      6. 1.1.6 Packaging

      7. 1.1.7 Other End-user Industries

    2. 1.2 Sub Resin Type

      1. 1.2.1 Aramid

      2. 1.2.2 Polyamide (PA) 6

      3. 1.2.3 Polyamide (PA) 66

      4. 1.2.4 Polyphthalamide

    3. 1.3 Country

      1. 1.3.1 Nigeria

      2. 1.3.2 South Africa

      3. 1.3.3 Rest of Africa

Africa Polyamide Market Size FAQs

The Africa Polyamide Market size is expected to reach USD 138.75 million in 2024 and grow at a CAGR of 7.74% to reach USD 201.40 million by 2029.

In 2024, the Africa Polyamide Market size is expected to reach USD 138.75 million.

Africa Polyamide Market Report Snapshots

Africa Polyamide Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029