Press release
World Construction Chemicals Market is Expected to Reach $40,154 Million, By Top Leading Companies BASF, Arkema, Ashland, Fosroc International Limited, Mapie S.p.A, Pidilite Industries, Sika AG, Dow Chemical and W. R. Grace.
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Construction chemicals are chemical compounds that optimize the performance of concrete and increase the life of end products. These additions provide further value for end users by reducing labor cost and minimizing wastage. The key elements that drive the construction chemicals market growth include rise in construction industry, increase in urbanization, and growth in conformity with latest manufacturing standards. However, change in regulatory environment and low consumer awareness inhibit the market growth.
Concrete admixtures and water proofing & roofing chemical segments together dominated the construction chemicals market in 2015, accounting around two-thirds of the market share collectively. Concrete admixtures segment is expected to grow with a high CAGR of 9.9%, in volume terms, owing to the increased compressive strength and enhanced workability, so as to provide higher moving and positioning time. Residential and infrastructure end-user segments collectively accounted for three-fifths of the market share, in terms of volume, in 2015. Infrastructure segment is estimated to grow at the fastest rate with a CAGR of 7.7% during the forecast period.
Key Findings of Construction Chemicals Market
• Infrastructure segment is projected to grow at the fastest rate with a CAGR of 9.7% (volume terms).
• Flooring, a type of construction chemicals, is projected to grow with a CAGR of 9.6% (volume terms) during the forecast period.
• Residential segment accounted for around half of the market share, in terms of value, in 2015.
• LAMEA is projected to occupy the highest market value, registering a CAGR of 5.8%.
• Asia-Pacific amounted for more than two-fifths of the market share, by volume, in 2015, growing at a CAGR of 10.2%.
The Asia-Pacific and LAMEA construction chemicals market is expected to offer lucrative growth opportunities, during the forecast period, with CAGRs of 5.8% and 6.1%, respectively. This is due to increase in economic development, expansion in the construction industry, and rise in the need for better infrastructure. The key players profiled in the world construction chemicals market include BASF SE, Arkema SA, Ashland Inc., Fosroc International Limited, Mapie S.p.A, Pidilite Industries, RPM International Inc., Sika AG, The Dow Chemical Company, and W.R. Grace & Company.
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The key players profiled in world construction chemical market include
• BASF SE,
• Arkema SA,
• Ashland Inc.,
• Fosroc International Limited,
• Mapie S.p.A,
• Pidilite Industries,
• RPM International Inc.,
• Sika AG,
• The Dow Chemical Company and
• W. R. Grace & Co.
Top Winning Strategies
The key players in the world construction chemicals market are adopting different key business strategies such as acquisition, expansion, and product launch to withstand in the global competitive market. The market players profiled in this report are construction chemical manufacturers and solution providers who serve the product globally to several end-user industries. The data pertaining to market players and their strategic moves are gathered through press releases of respective companies, various blogs, available on the website and primary calls made to the experts in the industry.
Table Of Content
Chapter: 1. INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY MARKET BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools and Models
Chapter: 2. EXECUTIVE SUMMARY
2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVE
Chapter: 3. MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. PORTER’S FIVE FORCES ANALYSIS
3.3.1. Bargaining Power of the Supplier
3.3.2. Bargaining Power of the Buyer
3.3.3. Threat of Substitutes
3.3.4. Threat of New Entrants
3.3.5. Competitive Rivalry
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. Rise in global construction industry
3.4.1.2. Growth in conformity with latest manufacturing standards
3.4.1.3. Rapid urbanization
3.4.2. Restraints
3.4.2.1. Low consumer awareness
3.4.2.2. Changing regulatory environment
3.4.3. Opportunities
3.4.3.1. Increase in demand from emerging economies
3.4.3.2. Growth in awareness regarding energy conservation and sustainable infrastructure
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