Press release
Construction Chemical 2019 Product Price, Profit, Capacity, Production, Supply, Demand and Market Growth Rate Forecast To 2023
Construction Chemical Market Overview:Construction chemicals are essential for sustainable infrastructure in construction industry to increase the durability of buildings. The major factors driving the growth of the global market include improving economics of construction, growing infrastructure requirements in developing economies, and increase in urbanization of population and rapid industrialization in developing nations. The increasing awareness about construction quality and technological advancements are further boosting the growth of the construction chemicals market. The market is also driven by the growing number of new projects for housing and public infrastructure.
Construction Chemical Market Key Players:
The key players of Construction Chemical Market are BASF SE (Germany), Arkema SA (France), Ashland Inc. (U.S.), Fosroc International Limited (U.K.), Mapie S.p.A (Italy), Pidilite Industries Limited (India), RPM International Inc. (U.S.), Sika AG (Switzerland), The Dow Chemical Co.(U.S.), W.R. Grace & Company (U.S.) and others.
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Global Competitive Analysis
The vital trends and players have established a positive tone for development. The opportunities for growth and innovation have increased at a rapid pace transforming the landscape of the market. Engaging and converting prospective opportunities is modifying the growth pace of the market considerably. The competitors in the market have been spurred to devise strategic road-maps that capitalize on the positive market cues. The momentum of the market’s growth has altered the competitive background of the market. By ensuring supply and demand are in balance the competitors can unlock new opportunities for growth. The key players and trends have created a positive tone for development.
Industry Updates
June 2018 Sika which is a Swiss chemicals group is expected to expend up to $1 billion on acquisitions in a year to hasten up its growth in the next five years. The maker of construction chemicals was previously held back from big purchases in the past, due to a constraint which no longer applied after the Burkard family sold their controlling stake to Saint-Gobain last month. The new agreement will give Saint-Gobain a 10.75% stake in Sika rather than overall control which it had sought. Sika is now able to spend 300 to 500 million Swiss francs a year on acquisitions, up from 200 million francs which were concentrated mainly on smaller deals. Sika will reveal greater sales targets next year to substitute the current 2020 goals, which will run for five years.
Industry Segments
The segmentation of the construction chemical market includes segmentation on the basis of type into concrete admixtures, sealants & adhesives, protective coatings, others. The segmentation by application comprises of residential, infrastructure, industrial and others. The region based segmentation of the market comprises of Middle East, Africa, APAC, North America, Europe and rest
Detailed Regional Analysis
The construction chemical market can be segmented geographically into North America, Asia Pacific (APAC), Europe, and Rest of the World (ROW). The Asia Pacific region is likely to control the construction chemical market globally, owing to increasing urbanization which is stimulating the growth of infrastructure projects, in so doing leading to the top consumption of the cement production globally. The construction chemical market in the area is also increasing with intensifying awareness of the benefits of construction chemicals.
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Study Objectives of Construction Chemical Market
To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Construction chemical
To provide insights about factors affecting the market growth
To Analyse the Global Construction chemical based on various factors such as supply chain analysis, and Porter’s five force analysis
To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segments by type, by application and by region
To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Engineering plastic Market
The report for Construction chemical of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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