Press release
Construction Chemicals Market Top Key Players: Sika Group, BASF SE, Arkema, W. R. Grace & Company, Dow Chemical, Ashland, Pidlite Industries, RPM International, 3M Company, Fosroc, Henkel AG, Evonik Industries, Tremco Group, Knopp GmbH, Tata Chemicals
Global Market Insights, Inc.
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According to the European Commission, buildings account for up to 40% of the total energy consumption and produce more than 33% of the overall greenhouse emissions in the region. The product ability to enhance the natural properties of the construction materials while reducing the overall carbon footprint provides them a competitive advantage.
Below are the geographical trends influencing global construction chemicals market over 2016-2024:
• Europe construction chemicals industry revenue, valued at over USD 4.5 billion in 2015, is anticipated to record an annual growth of 8% over the coming period of 2016-2024, driven by high demand for sealants, protective coatings, and adhesives for repair and maintenance of heritage constructions.
• Asia Pacific construction chemicals market size, worth USD 14 billion in 2015, is forecast to grow at a rate of 9% over the coming seven years. High government funding for infrastructural projects due to the swift rise in population will push the regional growth. Vietnam, China, Malaysia, Japan, Indonesia, Philippines, and India are likely to be the major regional revenue contributors.
• Latin America construction chemicals industry is projected to witness a massive growth over the coming seven years, owing to beneficial government polices to provide houses at reasonable costs to the low-income group population. Brazil is projected to contribute considerably toward the regional share.
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Partial Chapter of the Table of Content
Chapter 3. Construction Chemicals Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Booming construction industry in BRICS nations
3.4.1.2. Positive environmental impact and rising government initiatives
3.4.2. Industry pitfalls & challenges
3.4.2.1. Mature construction industry in developed nations
3.4.2.2. Lack of awareness in the emerging nations
3.5. Growth potential analysis
3.6. Regulatory trends
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Porter’s analysis
3.8. Company market share analysis, 2015
3.8.1. Strategic landscape
3.9. PESTEL analysis
3.10. Regional price trends
3.10.1. Cost structure analysis
3.10.2. Raw material trends
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Increasing amount of restoration activities of historical buildings owing to developing global tourism will likely enhance the global constructional adhesives and sealants market in the upcoming years. In 2015, APAC construction chemicals market recorded a revenue over USD 14 billion and will witness growth at a CAGR above 9% in the upcoming years.
Presence of large scale manufacturers characterizes the global construction chemicals market competitive scenario, which is consolidated in nature. Principal product manufacturers include Sika Group, BASF SE, Arkema, W. R. Grace & Company, Dow Chemical, Ashland, Pidlite Industries, RPM International, 3M Company, Fosroc, Henkel AG, Evonik Industries, Tremco Group, Knopp GmbH, Tata Chemicals, Albemarle, MAPEI, AkzoNobel Chemicals, Huntsman Corporation, and Gujarat Alkalies And Chemicals.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
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