The Global Construction Chemicals Market Report offers details on current and future growth trends pertaining to the business besides information on numerous regions across the geographical landscape of the Construction Chemicals Market. The study includes global, regional, and country-level market size, shares, growth rate analysis (include the causes of highest and lowest peak industry analysis), product launches, latest trends, the impact of covid19 on worldwide.
Construction Chemicals
Market Research Methodology overview consists of primary and secondary research,
company share analysis, model (including Demographic data, Macroeconomic
indicators, and Industry indicators i.e. Expenditure, infrastructure, sector
growth, and facilities, etc), Research Limitations, and Revenue Based
Modelling. Comprehensive analysis of Construction Chemicals Market based on
current & future analysis depending on historic data also featured in this
Report.
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Industry Insights
The global Construction Chemicals Market is
anticipated to reach USD 67.61 billion by 2024, expanding at a 6.3% CAGR during
the forecast period. Rising requirements from numerous end-use industries
including residential & non-residential and infrastructure is expected to
drive the market growth over the next nine years.
In addition, the market expansion is expected to be
driven by rapid shift towards urbanization and rising focus towards
infrastructure development in emerging economies. Moreover, government
initiatives in emerging economies such as India are also presumed to drive the
market growth.
On account of stricter environmental regulations,
the market participants are focusing on research and development activities to
come up with new products complying with guidelines established by various
regulatory bodies. Application of biochemical as construction chemicals is at
its initial stage, that could prove to be a revolutionary technology in future.
Emerging countries such as India and China are presumed to fuel the market
owing to various upcoming infrastructure projects under development.
Product Insights
In terms of market volume share, concrete
admixtures accounted for 64.07% in the year 2015 on account of its wide usage
in concrete to strengthen its chemical and physical properties. Its
applications include all types of constructions such as residential and
non-residential infrastructure. The product improves the strength of the
construction by providing strong durability, enhanced durability, chemical
resistance and considerably lowering cement and water requirement.
Super plasticizers and plasticizers are broadly
utilized as concrete admixtures. Super plasticizers are suitable for
pre-stressed concrete as majority of the products are chloride free. Chloride
causes an oxidation reaction with metals, which then causes corrosion,
weakening the building structure.
End-use Insights
Infrastructure and non-residential industry
accounted for over 60% of the total market revenue share in 2015. Construction
chemicals are applied in non-residential segments such as hotels, office
spaces, retail, erection of warehouse and industrial buildings. The growth for
infrastructure activities is driven by government initiatives in developing
economies which consist of India, China, Brazil and Mexico. In addition, the
market growth is anticipated to be fueled by growing trend towards metropolitan
developments caused an increase in the need for more residential buildings.
Regional Insights
With a market share over 45%, the Asia Pacific
region was valued as the largest market for the product globally in 2015. India
and China are the key markets in the region contributing over 50% of the total
regional market size. The growth of construction chemicals market is directly
associated with the development of construction sector.
Asia is presumed to witness an investment of about
USD 8.0 trillion by the year 2020 according to the Asia development bank.
Growing urbanization trend and increasing disposable income of population in
countries such as India, Vietnam and China has generated a necessity for better
transport systems, water & sanitation facilities and buildings. Further,
numerous international investors are focusing on re-allocating their capital in
APAC.
Table of Contents:-
Chapter
1 Methodology and Scope
Chapter
2 Executive Summary
Chapter
3 Construction Chemicals: Market Variables, Trends & Scope
Chapter
4 Construction Chemicals: Product Estimates & Trend Analysis
Chapter
5 Construction Chemicals: Application Estimates & Trend Analysis
Chapter
6 Construction Chemicals: End-use Estimates & Trend Analysis
Chapter
7 Construction Chemicals: Industrial End-use Estimates & Trend Analysis
Chapter
8 Construction Chemicals: Regional Estimates & Trend Analysis
Chapter
9 Competitive Landscape
Chapter
10 Construction Chemicals: Manufacturers Company Profiles
Top Key Players of Construction
Chemicals Market :
are FOSROC chemicals, BASF SE, Grace & Co.,
Arkema S.A., Dow chemicals, Pidilite Industries Ltd., Mapei S.P.A and RPM
International Inc.
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