Construction Chemicals Market Brief Analysis On Top Key players: BASF SE, Arkema SA, Ashland Inc., Fosroc International Limited, Mapie S.p.A, Pidilite Industries, RPM International Inc., Sika AG, Dow Chemical Company & Others

Construction Chemicals Market was valued at $27,162 million in 2015, and is expected to reach $40,154 million by 2022, supported by a CAGR of 5.6% during the forecast period 2016‐2022. Construction chemicals are specialty products that are crucial for sustainable infrastructure and energy conservation in construction industry to increase durability of buildings, and to provide added fortification from environmental hazards. The concrete admixtures segment leads the construction chemicals market with more than one-third of the market share during the forecast period.

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The construction industry accounted for $8.7 trillion in 2013, 10% of the global GDP. The essential dynamic here is that while global GDP is expected to grow by an average of 3.5% per year for the next 12 years, construction output will increase by 4.3% per year. Hence, the construction industry is expected to represent a much bigger part of the global economy by 2022. The global GDP is expected to achieve $83 trillion mark by 2022, and the construction industry can be projected to reach $12.7 trillion.

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.

Geographically the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. The rapidly growing economies in Asia-Pacific and LAMEA have tremendous potential for construction chemicals, as the fast growing urbanization is necessitating the growth of residential complexes and buildings are in high demand in response to the perennial urbanization globally. Construction firms initiate comparatively larger number of residential projects with high-grade construction materials to provide improved structural integrity and sustainability. Asia-Pacific and LAMEA regions are foremost in these ventures due to high urban displacement.

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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.

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 BENEFITS
1.3. RESEARCH METHODOLOGY
1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY
2.1. MARKET SNAPSHOT
2.2. KEY FINDINGS OF THE STUDY
2.3. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets, by end-use industry
3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. Increase in penetration of carbon fiber components in automotive industry
3.4.1.2. Government regulations for emission control
3.4.1.3. Rise in demand for high-performance carbon fiber in aerospace & defense
3.4.2. Restraints
3.4.2.1. High price of carbon fiber
3.4.2.2. Long production cycle and unavailability of carbon fibers
3.4.3. Opportunities
3.4.3.1. Increase in application of carbon fiber in wind turbines
3.4.3.2. Rise in use of carbon fiber in medical industry
3.5. PATENT ANALYSIS
3.6. PRODUCT BENCHMARKING

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