PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

High Raw Material Prices Challenge the South African Thermoset Resins Market Cautions Frost & Sullivan - Government infrastructure development to sustain demand over long term - Chemicals.Frost.com
High Raw Material Prices Challenge the South African Thermoset Resins Market Cautions Frost & Sullivan

 

NewswireToday - /newswire/ - Cape Town, South Africa, 2011/09/08 - Government infrastructure development to sustain demand over long term - Chemicals.Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Thermoset resins are used in a number of applications. Thermoset resin raw materials are petroleum based, and are consequently affected by the constant fluctuations in the price of Brent Crude Oil. Suppliers of thermoset resins manage the rise in raw material costs by passing on the cost increases to end users.

New analysis from Frost & Sullivan (chemicals.frost.com), South African Thermoset Resins Market, finds that the total thermoset resins market was valued at $257.2 million in 2010 and is estimated to reach $320.9 million by 2017. The following products are covered in this research: epoxy resins, unsaturated polyester resins, phenolic resins and polyurethane resins. Composites, adhesives and sealants, paints and coatings, construction chemicals and other (including automotive and mining) are the end-user sectors covered in this research.

The South African Government is involved in the rollout of low-cost housing to the impoverished in the country. Programmes, such as the Reconstruction and Development Program (RDP), are aimed at ensuring access to housing for the country's populace.

"The demand for construction chemicals and coatings used in these projects is expected to be consistent throughout the long-term," notes Frost & Sullivan's Chemicals industry Analyst, Tatenda Zingoni. "Consequently, the demand for epoxy, unsaturated polyester and polyurethane resins is expected to be sustained."

Glass reinforced polymers (GRPs) produced, using thermoset resins, are used in manufacturing composites. These composites are increasingly replacing traditional materials such as steel and aluminium.

"The GRPs are comparatively more energy efficient than materials such as wood and bricks for construction purposes," notes Zingoni. "Increased uptake of GRP composites is, in turn, expected to contribute to growth in the demand for thermoset resins."

Thermoset resins are used in a wide range of applications such as composites, automotive brakes, adhesives and sealants and paints and coatings. The demand for these resins is, therefore greatly dependent on the general performance of the country's economy and its key end-user sectors.

Some raw materials used in the manufacture of thermoset resins are imported into South Africa. The South African market for thermoset resins is small, relative to the global market, and as a result the domestic market does not have any influence on the price of raw materials and therefore stands as price takers.

"Although South Africa's manufacturing industry is relatively larger than those in other sub-Saharan African countries, it is minuscule in comparison to the global market," explains Zingoni. "Local manufacturers, therefore, cannot influence the pricing of raw materials due to the small size of the resins market. Local manufacturers are often not given priority by the exporters of the raw materials because of their relatively small size."

Manufacturers of thermoset resins can ensure they are not negatively or largely impacted by delays, which could result from supply chain disruptions, by increasing their stock holding levels.

"Having control of the raw material availability for the manufacturing process enables manufacturers to have access to critical inputs to prevent bottlenecks in the production system," says Zingoni. "Although increasing stock levels escalate costs, this works out to be a better option than running out of the raw materials which would negatively impact the manufacturing cycle."

If you are interested in more information on this study, please send an email with your contact details to Samantha James, Corporate Communications, at samantha.james[.]frost.com.

South African Thermoset Resins Market is part of the Chemicals & Materials Growth Partnership Services programme, which also includes research in the following markets: The Future of Manufacturing in South Africa, Strategic Opportunities for the Biofuel Industry in Key Sub-Saharan African Countries, Sub-Saharan African Market for Polyurethane and South African Market for Bio-renewable Chemicals. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

South African Thermoset Resins Market / M6B7

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


High Raw Material Prices Challenge the South African Thermoset Resins Market Cautions Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Samantha James 
+27 21 680 3566 samantha.james[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

PPG Initiates Global Restructuring, Targeting $125 Million in Annual Savings
Local Manufacturing Offers Strong Growth Opportunities in the Thriving Nigeria and South Africa Cement Additives Markets Reports Frost & Sullivan
BASF Expands Automotive Refinish Coatings Manufacturing to Asia Pacific
Alstom’s South African JV Gibela Successfully Handed Over to PRASA The First X’Trapolis Mega
Neptune Lines Reduces Fuel Consumption and Emissions with Hempaguard
BASF Launches Ucrete MF40AS Industrial Flooring System on the European Market
Raritan Unveils Intelligent Cabinet Concept in Collaboration with Legrand Data Communications At Gartner Conference
Beretta Continues Global Celebration of its 490th Anniversary with Unveiling of One-of-a-Kind Shotgun in New York City
LANXESS Virkon S Proven to Kill Highly Pathogenic Avian Influenza Strains
BASF to Offer Tailor-made Product Innovation At European Coatings Show
Nexans to Drive Sustainable Transportation At its Annual Technical Conference
Tripp Lite Introduces A New Series of Pre-assembled 40 Gb to 10 Gb Breakout Fiber Patch Panels
Borealis and Asmidal Sign Memorandum of Understanding to Jointly Evaluate Opportunities for Melamine Production in Algeria
SCHOTT’s New Ultra-Thin Glass is the Thinnest, Toughest, Most Eco-Friendly Glass for Consumer Electronics
Hexagon Manufacturing Intelligence Supplies PTB with Leitz PMM-G

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)