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Worldwide Construction Chemical Market, Industry Trends And Outlook 2026

05-20-2020 10:00 AM CET | Industry, Real Estate & Construction

Press release from: Research Dive

Construction Chemical Market

Construction Chemical Market

Post COVID-19 Impact on Construction Chemical Market

With the emergence of the COVID-19 crisis, the world is fighting a health pandemic as well as an economic emergency, almost impacting trillions of dollars of revenues.

Research Dive' group of skilled analysts provide a solution to help the companies to survive and sustain in this economic crisis. We support companies to make informed decisions based on our findings resulting from the comprehensive study by our qualified team of experts.

Our study helps to acquire the following:

o Long-term and short-term impact of Covid-19 on the market

o Cascading impact of Covid-19 on Construction Chemical Market, due to the impact on its extended ecosystem

o Understanding the market behaviour Pre- and Post-COVID-19 pandemic

o Strategy suggestions to overcome the negative impact or turn the positive impact into an opportunity

We'll help you fight this crisis through our business intelligence solutions.

Connect with Our Analyst to Contextualize Our Insights for Your Business: https://www.researchdive.com/connect-to-analyst/175

Pre COVID-19 Analysis on Construction Chemical Market

According to a study of Research Dive, the global construction chemicals market forecasts hall cross $48.9million by 2026, growing at a CAGR of 5.6%.
A large variety of construction chemicals such as asphalt additives, concrete admixtures are extensively being used in buildings and other construction activities. Construction chemicals offer many key advantages such as enhanced strength, more durability and overall systems cost reduction of construction project.

The global concrete admixtures segment is the leading segment in the global market and it is expected to surpass$12.7million by 2026 @ https://www.researchdive.com/purchase-enquiry/175

Porter's Five Forces Analysis for Construction Chemicals Market:

o Bargaining Power of Suppliers: The switching costs from one supplier to another, in the construction chemicals market are expected to be low. The high number of suppliers in the global industry, along with high price sensitivity, is the major reason for the low negotiation power of suppliers. Thus, the suppliers' bargaining power is LOW.

o Bargaining Power of Buyer: Buyers of this market have high bargaining power mainly because of the highavailability and high range of construction chemicals in the global market. The bargaining power of the buyer is HIGH.

o Threat of New Entrants: The high cost associated with marketing and R&D coupled with high distribution and maintenance cost provides lesst hreat of entry from new market players. The threat of new entrants is LOW.

o Threat of Substitutes: In the global construction chemicals market threat of alternative products is very low. The threat of substitutes is VERYLOW.

o Competitive Rivalry in the Market: Construction chemicals market has large number of smallas well aslargeestablished industry players. These industry players are significantly focusing on product development and technological advances. The competitive rivalry in the industry is VERY STRONG.

Infrastructure segment is expected to register a revenue of $12.8 million during the forecast period, increasing at a CAGR of 6.2% @ https://www.researchdive.com/download-sample/175

The rapid urbanization and extensively growing population worldwide is one of the major impetus for the increase in the demand for construction chemicals in the global market. Moreover, global industry players of construction chemicals mainly are focusing on enhancing their existing product portfolios through restructuring and innovation. Also, to strengthen their presence in the global market they are majorly emphasizing to acquire or tie-up with emerging construction technology companies. These factors may lead to fuel the growth of the global construction chemicals market, over the forecast period.

Construction Chemicals Market Segmentation by Type

o Concrete Admixtures
o Waterproofing & Roofing
o Repair
o Flooring
o Sealants & Adhesives
o Others

However, the lack of skilled labors in this field is anticipated to restrain the growth of the construction chemicals industry. On the other hand, the global players of the construction industry are using advanced technologies such as BIM (Building Information Modeling) software, augmented reality, 3D printing, and many others to improve the efficiency of construction activities. This element could open new opportunities for construction chemicals' ventures. For instance, because of the rising use of 3D printing in construction activities, 3D printing-compatible chemicals are anticipated to be in major demand and experience significant growth. Moreover, a few construction chemical companies have recently acquired 3D printing companies. These factors are expected to create huge opportunities for the construction chemicals market, over the forecast period.

Construction Chemicals Market Segmentation by Application

o Residential
o Infrastructure
o Industrial
o Repair Structure

The concrete admixtures segment of the construction chemicals market is projected to have a major market share, and it will generate a revenue of $12.7 million by 2026, rising at a CAGR of 4.6%.This is mainly because concrete admixtures are significantly used for the production of super-strong concrete. Moreover, concrete admixtures work as shrinkage reducers and offer key benefits such as sustainability, overall systems cost reduction, and reduction in project delivery time.

The global infrastructure segment of the construction chemicals market is anticipated to have a substantial growth in the market, and it shall generate a revenue of $12.8 million by 2026, surging at a CAGR of 6.2%. This is mainly because highly advanced construction chemicals help in reducing overall project costs and speed up project completion rate. Thus, builders and developers are giving more preference for construction chemicals for the construction of infrastructure. Furthermore, rapidly increasing urbanization and population, the exponential growth in middle-class residential housing, and infrastructure initiatives funded by the government especially in the developing countries are the factors expected to boost the growth of this segment of the construction chemicals market.

Key Players

o Arkema SA (EPA: AKE)
o Sika A.G. (SWX: SIKA)
o BASF SE (ETR: BAS)
o Pidilite Industries Ltd. (NSE: PIDILITIND)
o RPM International Inc. (NYSE: RPM)
o W. R. GRACE & CO. (NYSE: GRA)
o Ashland. (NYSE: ASH)
o Dow
o Fosroc, Inc.
o MAPEI S.p.A.

Asia Pacific construction chemicals market, 2026:

The Asia Pacific construction chemicals market has witnessed the fastest growth in the global market, and it will register a revenue of $11.3 million by 2026, increasing at a healthy rate of 6.2%. An aging population and the enormously rising urbanization rate is boosting the number of construction projects; these rising construction projects are making a significant impact on the demand of construction chemicals, in Asian countries, particularly in India and China. Furthermore, the presence of significant players such as Pidilite industries, increasing demand for durable and luxurious homes, and increasing adoption of advanced material and chemicals are anticipated to propel the growth of the Asian construction chemicals market.

Get Access to Full Report (TOC, Figures, Chart, etc.) @ https://www.researchdive.com/175/construction-chemicals-market

North America construction chemicals market Overview, 2026

The North America construction chemicals market has the largest market share in the global market, and it shall generate a revenue of $14.2 million, during the forecast period. Significant market essentials for commercial real estate projects along with the strong economy are expected to accelerate the demand for construction chemicals in North America. Furthermore, a rise in government funding for institutional infrastructures, increasing population, and high availability of advanced materials are driving the growth of the North America construction chemicals market.

Contact us:
Mr. Abhishek Paliwal
Research Dive
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About Us:
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

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