Press release
Brazil Concrete Surface Treatment Chemicals Market Set for Robust Growth Driven by Construction Sector Expansion
Infinium Global Research has added a new report on Brazil Concrete Surface Treatment Chemicals Market. The report covers the analysis of regional markets of Brazil. Moreover, the report gives insights into the factors that affect the regional performance of the market in the short run and in the long run. The Brazil concrete surface treatment chemicals market is a customer intelligence and competitive study of the demand, forecasts, trends, and macro indicators in Brazil market. The dynamics including drivers, restraints, opportunities, political, socioeconomic factors, technological factors, key trends, and future prospects. The Brazil concrete surface treatment chemicals market is on a trajectory of substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 7.54%, expected to reach USD 244.6 million by 2030.To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/brazil/sample-request/23887
Thriving Construction Sector Fuels Market Expansion
Brazil's construction industry has emerged as a major driver of the concrete surface treatment chemicals market. In Q2 2021, the construction sector experienced impressive growth, posting a year-on-year (Y-o-Y) rise of 13.1% in real terms, a significant improvement compared to the 0.9% growth in Q1 2021 and 4.8% in Q4 2020, as per the Brazilian Institute of Geography and Statistics (IBGE). Key factors contributing to this growth include a growing population, improving economic conditions, and government initiatives. The Ministry of Infrastructure's plan to invest USD 50 billion by 2022 in the modernization of transportation infrastructure, including roads, rail, airports, and ports, further amplifies the construction sector's expansion. This surge in construction activities translates into a heightened demand for concrete and, subsequently, concrete surface treatment chemicals. In 2016, construction materials consumption for infrastructure works in Brazil was valued at BRL 1.5 million, marking a 40% increase compared to 2010.
Rapid Urbanization Drives Demand for Construction Materials
Brazil is witnessing rapid urbanization, with over 87% of its population residing in cities in 2020, growing at an annual rate of nearly 1%. This urban migration has led to significant growth in major metropolitan areas, primarily driven by rural workers moving to urban centers. The urban areas in Brazil covered approximately 135,000 square kilometers of land in 2020, a figure projected to expand in the coming years. As cities expand, the construction of residential and commercial buildings surges, driving the demand for construction machinery and raw materials, including concrete surface treatment chemicals. This trend highlights the pivotal role of rapid urbanization in propelling market growth.
Raw Material Price Fluctuations Pose Challenges
The concrete surface treatment chemicals market is susceptible to fluctuations in the prices of raw materials, primarily sourced from petroleum products and mineral ores. The volatility in prices of petroleum and minerals can have a significant impact on the market. For instance, crude oil, a key raw material for various polymers and resins used in construction chemicals, witnessed a price drop to approximately USD 38 per barrel in April 2020, only to rebound to USD 43 per barrel just four months later in August 2020. Such price fluctuations can adversely affect the revenue of companies engaged in the production and sale of construction chemicals.
Innovative Product Development Spurs Growth
To address the evolving demands of consumers and mitigate challenges, market players are continuously innovating and developing new products. Researchers and companies are exploring cutting-edge technologies and materials to enhance the quality and characteristics of concrete surface treatment chemicals. For instance, scientists at Washington State University have formulated a water-based solution containing nanoparticles of graphene oxide and montmorillonite nano clay, which, when added to a commercial potassium-methyl-siliconate-based concrete sealant, resulted in a sealant that exhibited 75% greater water repellency and 44% more resistance to salt damage compared to standard sealants. Such innovations provide a competitive edge to market players and open up promising growth opportunities.
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Table of Contents
Chapter 1. Report Overview
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
Chapter 3. Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.4. Challenges
3.3. PEST-Analysis
3.4. Porter's Diamond Model for Brazil Concrete Surface Treatment Chemicals Market
3.5. IGR-Growth Matrix Analysis
3.6. Competitive Landscape in Brazil Concrete Surface Treatment Chemicals Market
Chapter 4. Brazil Concrete Surface Treatment Chemicals Market by Product Type
4.1. Curing Compounds
4.2. Sealants
4.3. Mold Release Agents
Chapter 5. Brazil Concrete Surface Treatment Chemicals Market by End-user
5.1. Municipal
5.2. Industrial
5.3. Residential
5.4. Commercial Sectors
Chapter 6. Company Profiles
6.1 Sika Brasil, SA.
6.1.1 Overview
6.1.2 Company Snapshot
6.1.3 Product Portfolio
6.2 Brenntag Química Brasil Ltda.
6.2.1 Overview
6.2.2 Company Snapshot
6.2.3 Product Portfolio
6.2.4 Recent Developments
6.3 Wacker Química do Brasil Ltda
6.3.1 Overview
6.3.2 Company Snapshot
6.3.3 Product Portfolio
6.4 Normet Group
6.4.1 Overview
6.4.2 Company Snapshot
6.4.3 Product Portfolio
6.5 Thermax global AG.
6.5.1 Overview
6.5.2 Company Snapshot
6.5.3 Product Portfolio
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/brazil/enquiry/23887
Reasons to Buy this Report:
=> Comprehensive analysis of regional markets of Brazil Concrete Surface Treatment Chemicals.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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