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We expect the South Africa asphalt market to exhibit a CAGR of 5.8% during 2022-2027.
The extensive utilization of asphalt as an adhesive, sealant, and waterproofing agent across the residential, commercial, and industrial sectors is primarily driving the South Africa asphalt market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation, resulting in the temporary closure of numerous manufacturing units for asphalt.
Based on the product, the South Africa asphalt market can be segmented into paving, roofing, and others. Currently, paving holds the majority of the total market share.
Based on the application, the South Africa asphalt market has been divided into roadways, waterproofing, coatings, recreation, and others. Among these, roadways currently exhibit a clear dominance in the market.
Based on the type, the South Africa asphalt market can be categorized into penetration grade, cutback, modified, and emulsions. Currently, penetration grade accounts for the largest market share.
Some of the major players in the South Africa asphalt market include Actop, Caltex Asphalt, Engen Refineries, National Asphalt Company, Natref Refinery, Mosal Bay GTF Refinery, SAPREF, and Sasol Ltd.
Potting Soil and Mixes Market by Soil Type (All-Purpose Potting Soil and Mixes, Seed-Starting Mix, Organic Mix, Plant-Specific Mix), Application Type (Indoor Gardening, Lawn and Landscape, Certified Organic Users), Sales Channel (Offline Sales, Online Sales), and Region 2023-2028
Wood Coating Market by Coating Type (Stains and Varnishes, Shellac Coating, Wood Preservatives, Water Repellents, and Others), Resin Type (Acrylic, Nitrocellulose, Polyester, Polyurethane, and Others), Formulating Technology (Solvent-Borne, Water-Borne, UV-Cured, and Others), Application (Furniture, Cabinets, Siding, Flooring, and Others), and Region 2023-2028
Hybrid Fabrics Market by Fiber Type (Glass/Carbon, Carbon/UHMWPE, Glass/Aramid, Carbon/Aramid, and Others), Form (Composite, Non-composite), End Use Industry (Automotive and Aerospace, Industrial, Marine and Defense, Sports Equipment, and Others), and Region 2023-2028
Formic Acid Market by Type (Grade 85%, Grade 94%, Grade 99%, and Others), Application (Animal Feed and Silage Additives, Leather Tanning, Textile Dying and Finishing, Intermediary in Pharmaceuticals, and Others), End Use (Agriculture, Leather and Textile, Rubber, Chemical and Pharmaceutical, Dyeing, Animal Feed, and Others), and Region 2023-2028
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