New projects
announced
in the oil and
gas sector and
allied industries
in Kenya,
South Africa
and Nigerial
are fueling
demand for
industrial paints
and coatings
products.
by Shem Oirere
Africa Correspondent
Increased infrastructure development expen- diture by Kenya, South Africa and Nigeria will lend momentum to the countries’ industrial paints and coatings market according to a
market study by research firm Frost & Sullivan.
However, the paint and coating dealers in
these countries will have to embrace innovative
marketing techniques and sustainable quality
production to counter increased cost of raw
materials and counterfeit products to sustain
the momentum.
According to Frost & Sullivan’s Chemicals,
Materials & Food Industry analyst Anthony
Lawrence: “New projects announced in the oil
and gas sector and allied industries in Kenya,
South Africa and Nigeria are fueling demand
“In South Africa, the government and other
private companies such as Sasol and Petro SA
are the key forces driving the launch of new
projects and in turn widening market potential.”
In Kenya the government of President Uhuru
Kenyatta has lined up several oil and gas proj-
ects to be implemented in phases resonating
well with a deliberate effort to increase govern-
ment spending on infrastructure.
According to the country’s Petroleum and
Energy minister Davis Chirchir, the projects
include those by Kenya Ports Authority,
National Oil Corporation, Kenya Pipeline
Company among state agencies driving the
growth on which the projected expansion
of the paints and coatings market is likely
to be anchored.
The Kenya Ports Authority will soon be relocating the Kipevu Jetty in the Indian Ocean
port city of Mombasa to a nearby spacious site
and will enable its linking with an oil pipeline.
Infrastructure to Drive South Africa,
Kenya and Nigeria Coatings Markets
