Construction Chemicals Market 2019
As stated in a report, the global construction chemicals market is expected to increase in a profound manner. The global construction chemicals market is estimated to grow at a CAGR of 9.27% from 2019 to 2026. The market size was USD 22 billion in 2017. Multiple factors are anticipated to influence the market growth. The market growth will be primarily driven by the increasing construction activities across the globe.
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In addition, growing demand for construction chemicals including concrete and cement admixtures, waterproofing chemicals, growth in the emerging economies and government investments in infrastructure and housing development are some of the factors that will result in surge in the construction chemical market. Also rising need of residential complexes and buildings due to urbanization is also expected to fuel the global construction chemicals market.
However, lack of awareness and higher investment in the product are likely to restrain the construction chemicals market during the forecasted time period.
The tough competition among the leading players is likely to bring favourable results in the global market of construction chemicals. On the other hand, partnerships and agreements, and mergers and acquisitions among eminent companies that are functioning in the market are also expected to leave a positive impact on the market.
The top manufacturers covered in this report
Dow Construction Chemicals
Quicseal Construction Chemicals
Build Core Chemicals
MC-Bauchemie Muller GmbH
Multi Construction Chemicals
Prine Eco Group
Construction Chemicals Pty Ltd
Construction Chemical Corp
Mapei Construction Products
Jay Chemical Industries
The market of global construction chemicals has been segregated into type and application. Based on the type, the market has been segmented into Asphalt Additives, Concrete Admixtures, Adhesives, Sealants and Protective Coatings. In terms of type, concrete admixtures will see higher demand due to higher strength and durability, watertight, wear resistant and high finish. Based on the application, the market has been segmented into Residential, Commercial and Industrial. Growing usage of better and enhanced technology and innovation in construction ways is influencing global construction chemicals market.
Detailed Regional Analysis
The regional analysis will provide clear picture of the market development over key regions. The market of the global construction chemicals has been analysed across United States, Europe, India, Japan, China, and Southeast Asia. Asia-Pacific construction sector is the largest in the world which is further growing at an increasing rate. Rapid growth in the construction activities, adoption of new technology, rising population, and urbanization are some of the factors that are driving the market growth in the Asia-Pacific region. Also innovative construction procedures are some other factors that will fuel the construction chemicals market in the region. In 2017, China’s construction industry developed rapidly which was mainly due to the central government’s push for infrastructure investment in order to sustain economic growth. Meanwhile, growth in the infrastructure and transportation sectors is expected to boost the construction chemicals European and North American market during the forecasted period.
BASF, a German chemical company, launched Master X-Seed STE admixture for the concrete industry which was introduced to strengthen concrete strength’s development and performance characteristics.
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Table of Contents –Analysis of Key Points
Global Construction Chemicals Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
Construction Chemicals Global Market Analysis by Regions
North America Construction Chemicals by Country
Europe Construction Chemicals by Country
Asia-Pacific Construction Chemicals by Country
South America Construction Chemicals by Country
Africa and Middle East Construction Chemicals by Countries
Construction Chemicals Global Market Segment by Type
Construction Chemicals Global Market Segment by Application
Construction Chemicals Market Forecast (2019-2025)
Sales Channel, Distributors, Traders and Dealers
Research Findings and Conclusion
List of Tables and Figures
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