Insight
African PET Market - A Future for Growth
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Africa is home to around 17% of the global population, with total VPET demand equating to around 4.9% of global consumption. Africa has the world’s youngest and fastest-urbanising population, with an average of 24 million more people forecast to move to cities each year between 2015-2045. Sub-Saharan Africa’s population of more than 1 billion people is currently growing at around 2.7% a year – more than twice as fast as South Asia (1.2%) and Latin America (0.9%). These rapidly increasing urban populations will result in sustained and substantial growth in future PET demand, and whilst Africa has struggled economically in the past, it has the potential to become one of the major sources of global growth.
Table of contents
- Region Profile
- PET resin production
- African Free Continental Trade Area (AfCFTA)
- Key End-uses & Market Drivers
- Summary
Tables and charts
This report includes the following images and tables:
- Regional Make-up with major consumption countries
- African VPET resin supply & demand 2019-2025
- African PET capacity 2019-2025
- End-use market segments 2019-2025
- African Plastic Ban Locations as of November 2020
What's included
This report contains:
Other reports you may be interested in
Insight
Lens Gas & LNG - Understanding Venture Global’s LNG strategy
A deep-dive into Venture Global's LNG assets and strategy
$1,050
Insight
China economic focus January 2025: a challenging year ahead
Keeping growth at 5% will be challenging in 2025
$1,150
Insight
Global LNG - FSRU Overview
The FSRU market is primed to grow alongside LNG trade but bringing additional FSRU capacity to market faces challenges
$1,050
