Coatings World - October 2017

Africa

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The promising concrete coatings market growth is hinged on the huge strides being made in the construction industry as public and private investments continue to increase in tandem with the region’s economic expansion.

Africa’s Protective Concrete
Coatings Market to Expand

by Shem Oirere Africa Correspondent

Africa’s protective concrete coatings mar- ket is expected to continue expanding in the short- and medium-term fueled by increasing demand for concrete batching plants and high quality concrete for the region’s booming construction industry, especially in key economies such as Kenya, South Africa, Nigeria, Angola and Ethiopia.

The promising concrete coatings market growth is hinged on the huge strides being made in the construction industry as public and private investments continue to increase in tandem with the region’s economic expansion.

It is estimated that by June 2016 more than
286 infrastructure key projects worth $324 bil-
lion were at different phases of implementation
Africa, which in turn has triggered a surge in
demand for concrete making facilities and vari-
ous aesthetic and protective coatings for con-
crete structures and pavements.

Growth is also expected for protective coatings for water and wastewater asset protection, flooring solutions for both residential and commercial structures, water proofing and a wide range of grouting solutions.

Consultancy firm Deloitte Africa, which says in its ‘Construction Trends 2016’ report the 286 projects underway in the continent are those that had broken ground by June 2016 each with a value of more than $50 million. The report singled out West Africa and Southern Africa as the regions with the highest number of construction projects, probably an indicator of where Africa’s largest share of the protective concrete coatings market is likely to be in the medium term.