Enterprises have focused Africa coatings market as a "big cake"

         Recently,Henkel,BASF,Becker Industrial Coatings paint and other international corporate giant released a series of frequently mentioned in the financial report,Africa coatings market will be an important area to expand their sales in the next.Currently,they have been gradually set up an office in a local paint operations to improve operational efficiency.
         Although each paint coatings market enterprises in Africa face the challenge of coating raw materials prices,national currency devaluation and volatility of global crude oil prices,but the industry's overall business conditions and market environment is inspiring,which makes between paint companies by strengthening partnership to consolidate its market share to become a reality paints.
         Africa coatings market as a "big cake" enterprises have focused.
         Currently,Africa paint market is mainly driven by the automotive industry,the construction market and the oil and gas industry and other three industries.
         South African automotive industry's performance has improved in the past two years,increasing the demand for coatings.Currently the national average annual production of 600,000 units,compared with 2010 growth of 12.8%.South Africa Automobile Manufacturers Association said the country will produce 1.2 million commercial vehicles and passenger cars in 2020,when South Africa coatings market will be driven by strong demand.

By Betty