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News  ›  GlobeNewswire Inc.

South Africa Plastics and Plastic Products Manufacturing Industry Report 2025: Polymer Sales, Consumption and Demand, Capacity Utilisation, and Recycling

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Researchandmarkets.Com
South Africa Plastics and Plastic Products Manufacturing Industry Report 2025: Polymer Sales, Consumption and Demand, Capacity Utilisation, and Recycling

A comprehensive industry report on South Africa's plastics manufacturing sector reveals that Sasol and Safripol dominate polymer production, with up to 1,800 converters generating over R100bn in combined revenue in 2024. The industry faces challenges from global oversupply, feedstock insecurity, and high raw material costs, but opportunities exist in agriculture, construction, and recycled plastics. The global polymer oversupply is expected to correct by 2026-2027, with environmental regulations and increased recycled plastic adoption shaping future growth.

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SLRX   neutral

Completed a $7 million public offering in preparation for a merger, indicating strategic financial positioning


SSL   neutral

Sasol is identified as a dominant player meeting 80% of local polymer demand with polymer production contributing US$2bn to revenues. However, the company faces headwinds from global oversupply and feedstock insecurity, balancing its market leadership with industry-wide challenges.