South African Engineering Plastics Market · South African engineering plastics market. •This...

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1 Published: September 2008 South African Engineering Plastics Market Chemicals Materials Food (CMF) M27A - 39

Transcript of South African Engineering Plastics Market · South African engineering plastics market. •This...

Page 1: South African Engineering Plastics Market · South African engineering plastics market. •This study is primarily based on the results of in-depth primary research. Interviews were

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Published: September 2008

South African

Engineering Plastics Market

Chemicals Materials Food (CMF)

M27A - 39

Page 2: South African Engineering Plastics Market · South African engineering plastics market. •This study is primarily based on the results of in-depth primary research. Interviews were

Content

� Background to Study Slide 3

� Research Aims and Objectives Slide 4

� Scope of Research Slide 5

� Methodology followed Slide 6

� Respondent Scope Slide 7

� Research Deliverables Slide 8

� Benefits of Research Slide 11

� Frost & Sullivan Company Information and Contacts Slide 12

Page 3: South African Engineering Plastics Market · South African engineering plastics market. •This study is primarily based on the results of in-depth primary research. Interviews were

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Background to Study

• South Africa has a well-developed supply of

engineering plastics. The engineering

plastics market is highly fragmented with

multinational manufacturers operating

primarily in each of the individual

segments. Competition amongst suppliers

of engineering plastics is increasing.

• Although the size of the South African

market is relatively small the opportunities

that exist for end-users of these products

are extensive. Growth in the South African

engineering plastics markets is expected in

the automotive, construction and mining

industries.

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Research Aims & Objectives

To analyse and provide revenue forecasts for the various product segments of acrylonitrile butadiene styrene (ABS), polyamide (PA), polycarbonate (PC), polymethylmethacrylate (PMMA) and polyoxymethylate (POM) and determine the competitive structure.

To provide a comprehensive analysis of the South African market for engineering plastics.

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To analyse and provide insight into the market dynamics and challenges faced by suppliers. To provide insight into the distribution structure for engineering plastics.

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3

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To analyse the end user markets and identify opportunities that exist across product segments in South Africa.

To provide strategic recommendations and conclusions for manufacturers to evaluate specific opportunities.5

PROJECT AIM:

To analyse the South African

engineering plastics market,

determine the market structure,

evaluate opportunities for

engineering plastics suppliers

and provide strategic

recommendations and

conclusions.

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Scope of Research

• For the purposes of this research the market is segmented by product type and analysed

by key end-user industry.

A. PRODUCT SEGMENT

1. Acrylonitrile Butadiene Styrene (ABS)

2. Polyamide (PA)

3. Polycarbonate (PC)

4. Polymethylmethacrylate (PMMA)

5. Polyoxymethylate (POM)

B. END-USER SEGMENT

1. Automotive

2. Electrical

3. Industrial

4. Consumer

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Research Methodology

Frost & Sullivan’s

Market Engineering Research Methodology

• The research methodology contained within

this project combines primary and secondary

research to provide a holistic analysis into the

South African engineering plastics market.

• This study is primarily based on the results of

in-depth primary research. Interviews were

conducted with technical staff, sales, business

development and marketing managers in

South Africa.

• This research study includes an analysis and

forecasts of market trends from 2004 to

2014.

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Respondent Scope

This project was carried out using primary research (telephonic or face-to-face interviews) and secondary (published and online material) as the principle methods of data gathering. The focus of the interviews for this project were primarily the respondent types outlined in the figure below.

Automotive, Electrical, Industrial

Marketing Managers, Portfolio Managers, Product Managers, Sales Managers

Industry Associations

CONTACT

Industry Dynamics, Market ParticipantsAssociations/ Other

End-users

Market Participants

ORGANISATION TYPE

Supplier services and service levels product and supplier attributes, procurement arrangements, future opportunities, recommendations

Purchasing trends, purchasing drivers, supply chain structure, pricing issues, end-users

TYPE OF INFORMATION REQUIRED

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Market Challenges

• Global increase in oil prices

• Current economic situation slowing down

• Engineering plastics suppliers finding it difficult to remain cost competitive

• Low barriers to entry

• Intensified industry competition

Research Deliverables

Market Drivers Market Restraints

Increasing cost of raw materials

Sustained growth in key end-user industries

Availability of low cost finished products reduces demand

Engineering plastics offer an alternative to conventional materials

Demand for specialised product solutions in key end-user industries

Encroachment of commodity plastics

Lack of awareness of standard engineering plastics amongst customers

Cost reduction strategies in the automotive sector

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Research Deliverables

Contents include:

1. Total engineering plastics market:

• Market Challenges, drivers

restraints

• Units shipments and revenue

growth forecasts

• End-user Analysis

• Competitive Structure

2. Individual product segments:

• Market Engineering Measurements

• Units shipments and revenue

growth forecasts

• End-user Analysis

• Competitor Analysis

Total Engineering Plastics Market: Unit Shipment

Revenue Forecasts (South Africa) 2004-2014

Total Engineering Plastics Market: Demand

per Application Analysis, South Africa (2008)

40%

15%14%

17%

14%

40000.0

42500.0

45000.0

47500.0

50000.0

52500.0

55000.0

57500.0

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Years

Units Shipments (Tonnes)

70.0

95.0

120.0

145.0

170.0

195.0

Revenue ($ Millions)

Units Shipments (Tonnes) Revenues ($ Millions)

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Provides insight into the

engineering plastics industry

Research

Benefits

Provides forecasts for

individual product

segments

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Benefits of Research

Provides an analysis of the

challenges facing suppliers

of engineering plasticsIdentifies strategic

options available

engineering plastics

suppliers

Key market drivers,

restraints affecting

industry participants

Identifies distribution

channels of engineering

plastics suppliers

Identifies opportunities

for suppliers of

engineering plastics

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Frost & Sullivan Contacts

Phil Howarth

Operations Director

Frost & Sullivan

+27 21 680 3269

[email protected]

Mani James

Programme Manager

Chemicals Materials and Food (CMF)

+27 21 680 3276

[email protected]

Kate Howarth

Sales Director

Frost & Sullivan

+27 21 680 3261

[email protected]

Guillaume de Bassompierre

Sales Representative

+27 21 680 3286

[email protected]