Malaysia's Construction Chemical market is expected to contribute a revenue of USD 744 Mn in 2027F expanding at a CAGR of ~ 5% in between 2022E and 2027F: Ken Research

Strong Growth & Government Support: The global pandemic disrupted the global markets including the construction Industry but several initiatives have been taken by the Malaysian Government to induce a steady recovery. In December 2021, The Malaysian government pass budget of MYR332.1 billion ($81.8 billion) for 2022 including an allocation of MYR75.6 billion ($18.6 billion) for development expenditure, and support businesses. The government also introduced the 12th Malaysian plan. Ongoing developments under the 12th Malaysia Plan include eight highway projects (four of which are in the Klang Valley), five railway projects and a hydroelectric dam project in Baleh, Sarawak. More than 67000 units of affordable houses were approved for construction under the Federal Territories Ministry's Residensi Wilayah Keluarga Malaysia housing project as of May 2022.

Slightly Fragmented: Malaysia Chemical Construction Market is slightly concentrated and has a fragmented tail as it is flooded with multiple small domestic and international players. The major competitive parameters are geographies covered, brand awareness, payment terms, quality vs quantity, domestic sales vs exports, type of product & total SKUs. SIKA is the leader because they are dominating a large segment of market with highest revenue and huge capital investment. After acquiring BASF (MBCC Group), both the companies with dominate the market. Bostik and Pentens operates in limited construction chemicals but makes good revenue. MAPEI are visionaries as they have average market share. They understand where the market is going but do not yet execute very well because lack of partnership.

Analysts at Ken Research in their latest publication, "Malaysia Construction Chemicals - driven by strong growth of construction Industry & Government support" by Ken Research observed that Malaysia Construction Chemical Market is in a growth phase & is  expected to grow at a CAGR of ~5%  in the forecasted period 2023-2027F. It is to be noted that the Malaysia Construction Chemicals market is is slightly concentrated and has a fragmented tail as it is flooded with multiple small domestic and international players competing not only on the basis of price and quality, domestic sales & product quality.

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Key Segments Covered in the report:

By Market Type:

Organized
Unorganized

By Product Type:

Concrete Admixtures
Waterproofing
Repair & Rehabilitation Chemicals
Grouting Chemicals
Coatings
Sealants & Adhesives
Industrial Flooring

By Region

North Peninsula
South Peninsula
Central Peninsula
East Malaysia

By Type of End users

Residential
Commercial
Industrial

By Major Players

Sika
BASF
Fosroc
Pentens
Bostik
Mapie
Others

Key Target Audience

Construction Chemical companies
Concrete Additive companies
Waterproofing companies
Adhesive and Sealant Companies
Repair and Rehabilitation Chemical companies

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Time Period Captured in the Report:

Historical Period: 2017-2022
Base Year: 2022
Forecast Period: 2023-2027F

Companies Covered:

Sika
BASF
Fosroc
Pentens
Bostik
Mapie

Key Topics Covered:

Executive Summary
Country Overview
Malaysia Construction Market Overview
Malaysia Construction Chemical Market Overview
Malaysia Construction Chemical Market Size
Malaysia Construction Chemical Market Segmentation
Industry Analysis of Malaysia Construction Chemical Market
Competition Framework of Malaysia Construction Chemical Market
Future Outlook of Malaysia Construction Chemical Market
Analyst Recommendation
Research Methodology

For more insights on the market intelligence, refer to below link:-

https://www.kenresearch.com/manufacturing-and-construction/construction-materials/malaysia-construction-chemical-market-outlook-2027/596322-97.html

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https://www.kenresearch.com/manufacturing-and-construction/construction-materials/indonesian-construction-chemicals-market-outlook-to-2025/464499-97.html

https://www.kenresearch.com/manufacturing-and-construction/construction-materials/vietnam-construction-chemical-market-outlook-to-2027/596232-97.html

https://www.kenresearch.com/manufacturing-and-construction/construction-materials/india-construction-chemicals-market-outlook-to-2025/434142-97.html

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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.