South Africa Paints and Coatings Market - Forecast(2021 - 2026)
South Africa Paints and Coatings Market size is forecast to reach $2.1 billion by 2026 , after growing at a CAGR of 5.6% during the forecast 2021-2026. With rise in building & construction sector, the consumption of paints & coatings is increasing and South Africa Paints and Coatings market is witnessing an increase in demand. Paint and coatings manufacturers are enhancing their formulations owing to the innovative and more sustainable solutions. Also, the highly demanding paints and coatings formulations used for architectural coatings, or industrial coatings have raised the market for South Africa Paints and Coatings market. Environmental Issues and regulations associated with paints and coatings can create hurdles for the paints & coatings industry. Hence South Africa's paint industry has continued to implement production methods in order to comply with environmental and other legislation, including a recent effort to reduce lead content...