October 3, 2022

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Africa Creosote Oil Market – Top Companies, Business Growth & Investment Opportunities, Share and Forecasts

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Japan, Japan, Tue, 09 Feb 2021 08:04:39 / Comserve Inc. / — Africa Creosote Oil Market Size, Demand-sales, Suppliers By Key Applications Detailed Analysis and Growth Aspects on Manufacturing Landscapes and Regional Analysis

“The report on Africa Creosote Oil Market was recently published by SDKI, which includes the latest market trends, current and future opportunities along with the factors that are driving the growth of the market. This report further encompasses the records for the expansion of the market along with information on the investment opportunities that help the clients to take positive decisions on the parameters for gaining profitable revenues. Moreover, the report also contains identification and investigation of the market structure, in-depth qualitative analysis, restraints & challenges, growth drivers, emerging product trends & market opportunities and Porter’s five forces.

Download Sample of This Strategic Report: https://www.sdki.jp/sample-request-110534

Africa Creosote Oil Market: Overview

  • Creosote is a group of oil-like liquids manufactured from sources such as coal tar, wood tar, and creosote bush. Creosote oil is used in various applications in a wide range of industries.
  • Coal tar creosote is used as a preservative for timber poles. Wood tar creosote can also be used for the same purpose; however, it is not as effective as coal tar creosote for wood preservation applications. Creosote oil-based on creosote bush is employed in medical applications.
  • Based on source, the creosote oil market in Africa can be bifurcated into coal tar creosote and wood tar creosote. The coal tar creosote segment is expected to dominate the market in Africa during the forecast period. Growth of the segment can be attributed to properties of coal tar creosote such as weather resistance and termite resistance. In addition, the excellent cost-to-performance ratio of coal tar creosote is expected to drive the demand for coal tar creosote in wood preservation applications in the near future.

Key Drivers of Africa Creosote Oil Market

  • Characteristics of creosote oil, such as its excellent weather resistance and termite resistance are expected to drive the demand for creosote oil in the building & construction sector in Africa in the next few years. Countries in the Sub-Saharan Africa are anticipated to be highly lucrative markets for investors and construction companies across the globe in the near future. Furthermore, the construction sector in countries such as Ethiopia, Tanzania, and Zambia is anticipated to expand at the maximum rate of more than 6{9e6a73ef7eb6fa22b1de79554ca535a2a0aaa70d898e937e26eb250763832f63} in the next five years. This growth of the construction sector is expected to drive the demand for treated wood poles. Treated wood poles are significantly used for a wide variety of applications in the building & construction industry such as structural wood, exterior fencing, and livestock fencing. This, in turn, is expected to drive the demand for creosote oil, owing to its excellent ability to treat wood poles used in the building & construction industry. Thus, increase in the demand for treated poles from the building & construction sector is estimated to drive the demand for creosote oil in Africa during the forecast period.

Potential Effects ofCreosote Oil on Health and Environment to Hamper Market

  • Creosote oil is largely manufactured by the distillation of crude coal tar, which makes it highly toxic in nature. Due to this toxic nature, creosote oil can cause serious damage to the environment, if it is mixed with domestic water sources. Furthermore, wood-treated creosote oil faces issues, such as bleeding, due to which, creosote oil can leak from poles and contaminate nearby water sources.
  • Bleeding issues in the wood treated with creosote oil and toxic nature of creosote oil are major factors restraining the creosote oil market in Africa. Additionally, exposure to creosote oil can lead to serious skin irritation and allergic skin reactions among humans.

South Africa to Hold Major Share of Africa Creosote Oil Market

  • The creosote oil market in South Africa is dominated by manufacturers such as ArcelorMittal South Africa Ltd., FFS Refiners (Pty) Ltd, and Industrial Distillers & Refiners. Furthermore, South Africa is the leading country in the creosote oil market in Africa, as the country has facilities for the treatment of timber. On the other hand, the creosote oil market in Rest of Africa is expected to expand at a sluggish pace during the forecast period, owing to lack of manufacturing facilities in the sub-region. However, growth of the building & construction sector led by economic growth is projected to provide lucrative opportunities to creosote oil manufacturers in Africa during the forecast period.

Leading Players in Africa Creosote Oil Market

  • Usage of creosote oil has increased across Africa, due to the presence of manufacturers of sophisticated creosote oil products and high performance of these products. Key manufacturers of creosote oil in Africa include FFS Refiners (Pty) Ltd, ArcelorMittal South Africa Ltd., and Industrial Distillers & Refiners. These manufacturers are highly focused on entering into exclusive agreements, strategic mergers & acquisitions, and joint ventures in order to increase their share in a diverse range of industries.
    • FFS Refiners (Pty) Ltd is a leading supplier of heating fuels and wood preservatives based in South Africa. The company manufactures and markets products for usage in various applications such as glass making, baking, incineration, brick making, billet re-heating, steam raising in boilers, laundry, road-mix heating, lime kilns, sand and stone drying, and wood preservation. The company manufactures creosote oil at its Evander facility in South Africa. The company’s production capacity stands at approximately 60,000 tons of creosote oil per annum.

Africa Creosote Oil Market – Scope of the Report

The latest study collated and published analyzes the historical and present-day scenario of the creosote oil market in Africa to accurately gauge its potential development. The study presents detailed information about important growth factors, restraints, and key trends that are creating the landscape for the future growth of the creosote oil market in Africa, to identify the opportunistic avenues of the business potential for stakeholders. The report also provides insightful information about how the creosote oil market in Africa will progress during the forecast period of 2019 to 2027.

The report offers intricate dynamics about the different aspects of the creosote oil market in Africa that aids companies operating in the market in making strategic development decisions. The study also elaborates on the significant changes that are highly anticipated to configure the growth of the creosote oil market in Africa during the forecast period. It also includes a key indicator assessment to highlight the growth prospects of the creosote oil market in Africa, and estimate statistics related to the market progress in terms of value (US$ Thousand) and volume (Tons).

The report mentions the company profiles of key players that are currently dominating the creosote oil market in Africa, wherein, various developments, expansions, and winning strategies practiced and executed by leading players have been presented in detail.

Key Questions Answered in the Report on Africa Creosote Oil Market

The report provides detailed information about the creosote oil market on the basis of comprehensive research on various factors that are playing a key role in accelerating the growth potential of the market. Information mentioned in the report answers path-breaking questions for companies that are currently functioning in the market and are looking for innovative ways to create a unique benchmark in the creosote oil industry, so as to help them make successful strategies and take target-driven decisions.

  • Which source is likely to generate the highest revenue by 2027?
  • Which application segment of the creosote oil in Africa is expected to expand at the fastest pace by the end of 2027?
  • Which application is the major consumer of creosote oil in Africa?
  • How much revenue is the creosote oil market in Africa projected to generate by the end of the forecast period?
  • How are key market players successfully earning revenue out of the advantages of creosote oil?
  • Which companies operate in the creosote oil market in Africa?
  • What are the indicators anticipated to drive the creosote oil market in Africa?

Research Methodology – Africa Creosote Oil Market

The research methodology adopted by analysts for combining the creosote oil market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the industry-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts of the creosote oil market in Africa.

During the primary research phase, analysts interviewed industry stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through the interviews of genuine resources, analysts have emphasized the changing scenario of the creosote oil market in Africa.

For secondary research, analysts scrutinized numerous annual report publications, white papers, industry association publications, and company websites to obtain the necessary understanding of the creosote oil market in Africa.

Get a Sample Copy of the [email protected] https://www.sdki.jp/sample-request-110534

Table of Content
1. Preface

1.1. Report Scope and Market Segmentation

1.2. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary: Africa Creosote Oil Market

4. Market Overview

4.1. Product Overview

4.2. Market Indicators

4.3. Drivers and Restraints Snapshot Analysis

4.3.1. Drivers

4.3.2. Restraints

4.3.3. Opportunities

4.4. Porter’s Five Forces Analysis

4.4.1. Threat of Substitutes

4.4.2. Bargaining Power of Buyers

4.4.3. Bargaining Power of Suppliers

4.4.4. Threat of New Entrants

4.4.5. Degree of Competition

4.5. Regulatory Scenario

4.6. Value Chain Analysis

5. Pricing Analysis

5.1. Africa Creosote Oil Market Pricing Analysis (US$/Ton), by Country, 2018

For more information about this report visit: Africa Creosote Oil Market

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:

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The MarketWatch News Department was not involved in the creation of this content.