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Global construction chemical materials market is estimated to grow over the forecast period, key players are BASF SE (Germany), Sika A.G. (Switzerland), Fosroc International (U.K.), The Dow Chemical Company (U.S.) Arkema S.A. (France), Ashland Inc. (U.S.)

02-08-2019 09:45 PM CET | Industry, Real Estate & Construction

Press release from: Kenneth Research

Global construction chemical materials market is estimated

Construction Chemicals are chemically formulated using cement, concrete or other construction material at the time of construction to hold the construction material together. This is to fulfil its functional, aesthetic, performance, and design compatibility of civil structures. Furthermore, the chemicals aid in minimizing the content of water and cement which is required during the construction process. These chemicals play a major role in developing the infrastructure of the nation. Also known as specialty chemical, it increases the construction life and protects it from environmental hazards.

Asia requires earthquake-resistant buildings and even places like North and Latin America which will further boost the market demand for stronger and climate resistant buildings and infrastructure.

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Market Dynamics:

Drivers
Need for infrastructure in developing economies
Demand for public, commercial and residential infrastructure
Growth of urban population and expansion
Increasing disposable income - invest more in decent residential structures

Consumer awareness
Need for durable and appealing infrastructure - economical for contractors and interest holders
Investment by multinational companies to develop new and effective construction chemical product and this accounts for about 3% of total sales
Technological Advances
Restraints
Mature infrastructure
Logistic issues
Low investments
Paucity of skilled labor
Less inclination towards implementing quality standard
Fluctuating raw material prices
Lack of awareness about the construction chemical benefits
High product costs

Opportunity

Increased the demand for eco-friendly construction materials
Acquisition, expansion, and new product launch to withstand the global competitive market
Waterborne protective coatings to provide benefits such as graffiti resistance and self-cleaning features
Use of ready-mix concrete (RMC) and various governmental policies for promoting the 'Green revolution'

Market Segmentation:

Market segmented by Product Type:
Protective coatings - Paints, primers, lacquers, varnishes, and stains
Adhesives and sealants
Concrete Mixtures - chemical and mineral admixtures
Concrete Admixtures - Ligno-based, SNF (Sulfonated Naphthalene Formaldehyde) & SMF (Sulfonated Melamine
Formaldehyde)-based and PCE-based
Asphalt additives
Flame retardants
Waterproofing Chemicals and Other Construction Chemicals
Market segmented by Application:
Commercial
Industrial
Infrastructure
Residential
Repair structure

Geographic analysis:

The largest market for construction chemical products is Asia Pacific followed by Europe and North America. China, India, and Japan are the major suppliers. The increased investment rises in the energy industry and non-residential segments will be a major driving force owing to the incessant growth of urban population and improved infrastructure. For e.g.: Smart City Mission initiative launched by the Indian government in 2015 helped to catalyze the Indian construction industry.

North America- Increasing demand for high-value product offerings the demand for higher value products that include protective coatings and concrete admixtures have witnessed a strong growth. This is because the construction industry needs to adhere to strict standards, environmental protocols and codes governing construction activities.

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Latin America - Acquisition of local players Acquisition of companies by manufacturers to address the demand for construction chemicals from theminingand infrastructure sector in the region will increase in the future. Such acquisitions help to gain in retrieving established customer base and strengthen the construction chemical portfolio.

Western Europe- Guidelines driving innovation Stringent environmental regulations imposed in major markets such as North America and Europe limits the VOC content in the coating products. This forces the coating manufacturers to go green and adopt sustainability.

Key Players:

Some of the major players in the market include:
BASF SE (Germany)
Sika A.G. (Switzerland)
Fosroc International (U.K.)
The Dow Chemical Company (U.S.)
Arkema S.A. (France)
Ashland Inc. (U.S.)
MapeiS.p.An (Italy)
Pidilite Industries (India)

Report Contents Regional Analysis Report Highlights

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

Read More @ https://www.kennethresearch.com/report-details/global-construction-chemical-materials-market/10065261

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Name: David
Email: sales@kennethresearch.com
Phone: +1 313 462 0609

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