An Outlook on the Rise of UAE Construction Chemical Market in the Forecast Years of 2021-26

According to MarkNtel Advisors' research report, "UAE Construction Chemicals Market Analysis, 2021," the market is likely to grow at a CAGR of XX% in the forecast period, i.e., 2021-26, primarily due to the rapidly increasing requirements for residential & commercial spaces owing to the flooding population & need for economic improvement. Besides, massive investments by various domestic & foreign construction parties immensely favoring the construction chemicals sector shall further contribute to the overall market growth exponentially in the forecast years.

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Key Questions Answered in the Study
1. What are the current and future trends in the UAE Construction Chemicals Market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the UAE, followed by their comparative factorial indexing?
4. What are the key growth drivers & challenges for the UAE Construction Chemicals Market?
5. What are the customer orientation, purchase behavior, and expectations from the UAE Construction Chemicals Market service providers?

Infrastructure Sector Witnessed Fastest Growth in the Recent Years

Based on End-Users, the UAE Construction Chemical Market bifurcates into Infrastructure (Roads and Bridges, Railways, Metros, Airports, Water Reservoirs, Energy), Commercial (Office Space, Rentals, Education Institutions, Hospitals, Hotels), Industrial (Cement, Iron, and Steel, Capital Goods, Automobiles, Pharmaceuticals, Paper, Petrochemicals, Food & Beverages) Residential (Elite Housing, Middle Class, Low-Cost Housing), Public Space (Government Building, Statues & Monuments). Of them all, the end-user 'Infrastructure' witnessed the fastest growth in the previous years, primarily due to the extensive use of construction chemicals in residential infrastructure to suffice the burgeoning needs for housing & domiciliary structures in urban areas. Besides, the gradual inclination toward cities due to changing lifestyles, increasing disposable income, and higher living standards are other critical aspects that further propelled the end-user 'Infrastructure' to witness the fastest growth.

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"UAE Construction Chemicals Market Analysis, 2021" provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Construction Chemicals providers across the country. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

Waterproofing Chemicals to Attain Substantial Share of the UAE Construction Chemical Market in the Forecast Period

Based on the Type, the UAE Construction Chemical Market bifurcates into Concrete Admixtures, Waterproofing Chemicals, Adhesives & Sealants, Flooring Compounds, Repair & Rehabilitation, Protective Coatings, Others. Of them all, Waterproofing Chemicals are more likely to attain a substantial market share in the forecast years due to their ability to prevent water infiltration. Waterproofing chemicals are added to the concrete as a preventive and maintenance ingredient during the construction process, thereby witnessing a constant propelling demand. Besides, these chemicals include epoxy-based repair mortars, rust removers, and anti-corrosion products to repair & rehabilitate the damaged parts. Therefore, with the growing number of construction projects and the propelling demand for Waterproofing Chemicals, they are very likely to attain the largest market share during the forecast years, states MarkNtel Advisors in their research report, “UAE Construction Chemicals Market Analysis, 2021.”

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According to MarkNtel Advisors, the leading players in the UAE Construction Chemicals Market are BASF, East Fosroc, Sika UAE, DOW Menat, Saudi Basic Industries Corporation (SABIC), GCP Applied Technologies Inc., Henkel Arabia, Colmef Construction Chemical, Corrotech Construction Chemical.

Market Segmentation:
1. By Type (Concrete Admixtures, Waterproofing Chemicals, Adhesives and Sealants, Flooring Compounds, Repair and Rehabilitation, Protective Coatings, Others)
2. By End-User (Infrastructure (Roads and Bridges, Railways, Metros, Airports, Water Reservoirs, Energy), Commercial (Office Space, Rentals, Education Institutions, Hospitals, Hotels) Industrial (Cement, Iron, and Steel, Capital Goods, Automobiles, Pharmaceuticals, Paper, Petrochemicals, Food & Beverages) Residential (Elite Housing, Middle Class, Low-Cost Housing), Public Space (Government Building, Statues & Monuments))
3. By Region (Dubai, Abu Dhabi, Sharjah & Northern Emirates)
4. By Competitors (BASF, East Fosroc, Sika UAE, DOW Menat, Saudi Basic Industries Corporation (SABIC), GCP Applied Technologies Inc., Henkel Arabia, Colmef Construction Chemical, Corrotech Construction Chemical)

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MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.