Understanding the Impact of COVID-19 on GCC Construction Chemicals Market and Its After Effects

GCC Construction Chemicals Market likely to grow at a CAGR of 15% during 2021-26. Construction chemicals are products mixed with other construction materials to enhance their properties, such as durability and adhesiveness. Hence, the demand for construction chemicals is significantly increasing.

Moreover, the rising trend of Green Buildings provides a new opportunity for market players to launch new eco-friendly products. Further, the rapid development of new residential buildings owing to emerging nuclear families and surging renovation activities across the GCC nations are other prime factors boosting the growth of the construction chemicals market.

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Market Segmentation
• By Type (Concrete Admixtures, Waterproofing Chemicals, Adhesives and Sealants, Flooring Compounds, Repair and Rehabilitation, Protective Coatings, Others)
• 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])

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Country-wise Segmentation
• UAE
• Saudi Arabia
• Bahrain
• Oman
• Qatar
• Kuwait

Key Growth Drivers
• burgeoning infrastructural developments
• rapid urbanization across many countries in the region
• the increasing number of residential, commercial, & industrial buildings
• surging construction activities across different GCC nations

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Market Challenge
• construction industry producing the majority of dust & smoke in the environment leading to stringent government regulations related to environmental concerns & certain restrictions on construction activities

Market Competitors:
BASF Middle East LLC, Middle East Fosroc, Sika GCC, DOW Menat, Chryso Gulf, Saudi Basic Industries Corporation (SABIC), GCP Applied Technologies Inc., Henkel Arabia, Jotun Saudia Co. Ltd., DOW Menat.

Key Questions Answered in this Report:
1. What are the current & future trends in the GCC Construction Chemicals Market?
2. What are the overall market statistics or estimates (Market Overview, Market Size- by Value, Forecast Numbers, Market Segmentation, and Market Shares) of the GCC Construction Chemicals Market?
3. How has the industry been evolving in terms of geography & services adoption?
4. How has the competition been shaping across GCC, followed by their comparative factorial indexing?
5. What are the key growth drivers & challenges for the GCC Construction Chemicals Market?
6. What are the customer orientation, purchase behavior, and expectations from construction chemical providers across the GCC region?
7. What are the country-wise industry size, growth drivers, and challenges?
8. What are the key innovations, opportunities, current & future trends, and regulations in the GCC Construction Chemicals Market?
9. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the GCC Construction Chemicals Market based on a competitive benchmarking matrix?
10. What are the key results derived from the surveys conducted during the GCC Construction Chemicals Market study?

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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.