Concrete Surface Treatment Chemicals Market is set to grow at a healthy CAGR up to 2025, APAC to show steady growth

Asia Pacific dominated the concrete surface treatment chemicals market with over 50% industry share in 2018. Large number of concrete surface treatment chemicals manufacturers, high-production capabilities and continuously increasing demand from China, India, South Korea and Japan are the few factors responsible for the commanding position of the region. Initiatives by Government of India such as Bharatmala Project (for roads & highways construction), Sagarmala (for port construction and expansion), Smart-city projects, AMRUT to provide basic civic amenities, etc. has triggered the construction sector in the country. Meanwhile, CAAC (Civil Aviation Administration of China) is aiming to build more than 200 airports by 2035 in order to meet the escalating air travel demands. These factors will drive the regional demand for concrete surface treatment chemicals in near future.

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Owing to unprecedented growth in the construction and building materials sector, concrete surface treatment chemicals market has registered significant proceeds over the past few years. The modern construction industry is primarily focusing on making their structures stronger, sleeker, damp proof as well as economical. Lately, the construction industry is widely deploying a variety of chemical admixtures like sealants, curing compounds, and coatings with concrete to attain desirable qualities along with promoting sustainability.

In 2018, municipal end-users accounted for approximately one-fifth share of the total concrete surface treatment chemicals market. This segment includes civil structures, road construction, bridges, etc. This end-user category will witness a growth exceeding 6% CAGR in the forecast timespan, owing to the ongoing developments in the evolving construction markets.

Solvent-based products have higher V.O.C content which results in adverse effects on environment and human health. These products are harmful if inhaled and may cause respiratory irritation, dizziness, etc. and have long-term toxic effect on aquatic life. Such harmful effects along with the limited application of other products due to availability of substitutes in developing economies may hinder the growth of the concrete surface treatment chemicals market.

With concrete tagged as one of the materials of choice for construction projects, it comes as no surprise that the global concrete surface treatment chemicals market is traversing alongside a lucrative growth path. Lately, the growing population and the consequent demand for affordable housing, in tandem with high-end frills brought on by increasing disposable incomes have led to the demand for a number of commercial outlets such as shopping complexes, multiplexes, entertainment centers, restaurants, etc., along with residential edifices. The upswing in construction activities to build residential establishments and commercial setups such as towers, malls, skyscrapers, etc., due to surge in urbanization will contribute to a major hike in concrete surface treatment chemicals industry share.

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Competitive landscape: Key industry players like DowDuPont, BASF SE, Lion Specialty Chemicals, AkzoNobel Chemicals and others outline the competitive landscape of the concrete surface treatment chemicals market. Some of these companies have been striving to flood the market with advanced curing compound solutions as well as seek regional expansion of business operations, to enhance their customer base and to ensure that infrastructure development globally is benefited by concrete fortified with high-quality chemicals.

Powered by the increasing number of construction activities, in tandem with the rising demand for building repair, reconstruction, and renovation, the growth map of concrete surface treatment chemicals market is certain to remain exponential in the years to come. Manufacturers have been consistently planning to invest in the development of construction chemicals and have been striving to bring forth a spate of innovations in the industry, which would eventually propel concrete surface treatment chemicals market size.

Table Of Content For This Research Report:

Chapter 5. Concrete Surface Treatment Chemicals Market, By End-user

5.1. Global concrete surface treatment chemicals market end-user insights

5.2. Residential

5.2.1. Market estimates and forecast, 2014 – 2025

5.2.2. Market estimates and forecast, by region, 2014 – 2025

5.3. Commercial

5.3.1. Market estimates and forecast, 2014 – 2025

5.3.2. Market estimates and forecast, by region, 2014 – 2025

5.4. Industrial

5.4.1. Market estimates and forecast, 2014 – 2025

5.4.2. Market estimates and forecast, by region, 2014 – 2025

5.5. Municipal

5.5.1. Market estimates and forecast, 2014 – 2025

5.5.2. Market estimates and forecast, by region, 2014 – 2025

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