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Chemical Industry in South Africa

South Africa's chemical industry, the largest of its kind in Africa, is highly complex and widely diverse, spanning fuel and plastics fabrication to pharmaceuticals. It is of substantial significance to the South African economy, and a key component of the country's industrial base. Petroleum, chemical products, rubber and plastic products contributed R334-million to the GDP in 2012, which is about 25% of total manufacturing sales (Statistics SA, 2012). It employs around 200,000 people.

Chemical Industry in China

With 2010 turnover of EUR 180 billion (Eurostat), the German chemical industry played a leading role in European performance, generating a quarter of total EU-27 sales of EUR 721 billion. Germany has occupied the world number four spot in global chemical revenue ranking for a number of years, being passed only by China (EUR 694 billion), the US (EUR 584 billion) and Japan (EUR 214 billion).

Chemicals Worldwide

Studies, projecting trends to 2050, forecast that global chemical sales will grow about 3% per year to 2050. However as chemical production, trade, use and disposal continue to expand worldwide, this expansion is not evenly distributed geographically. Chemical manufacturing and processing activities, once largely located in the highly industrialized countries, are now steadily expanding into developing countries and countries with economies in transition.

Business Plans and Trends