Rising water infrastructure investments to spur demand for water-treatment chemicals
12 October 2012
Creamer Media's Mining Weekly - Rising investment in water infrastructure, along with infrastructure development trends and overall regional economic development, is expected to trigger increased demand for water-treatment chemicals in sub-Saharan Africa.
South Africa is currently the only country in sub-Saharan Africa with significant local manufacturing capacity for water- and wastewater-treatment chemicals in the mining and oilfields markets, unlike other countries, such as Nigeria, Angola, Botswana and Namibia, which rely heavily on imports.
Recent analysis from business research and consulting firm Frost & Sullivan shows that the compound annual growth rate (CAGR) for oilfield water-treatment chemicals in Angola and Nigeria is forecast at 10.5% between 2010 and 2017, while the CAGR for water-treatment chemicals in the mining sectors in South Africa, Botswana and Namibia is projected at 3.8% over the same period.