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Exploring Growth Trends in the Waterproofing Admixture Market: 2024-2034 Forecast
The global waterproofing admixture market has been experiencing substantial growth and transformation from 2021 to 2031. Waterproofing admixtures are crucial components used in construction to enhance the water resistance of concrete and other building materials. They are integral to improving the durability and longevity of structures exposed to harsh weather conditions, moisture, and water ingress.
The global waterproofing admixture market was projected to attain US$ 3.7 billion in 2020. It is anticipated to garner a 7.9% CAGR from 2021 to 2031 and by 2031, the market is likely to attain US$ 8.5 billion by 2031.
The adoption of governmental laws governing VOC emissions and the increase in consumer knowledge of waterproofing admixtures are factors that are limiting demand. Nonetheless, the increasing possibility of high-performance concrete buildings in the regional housing market has greatly increased demand in Europe.
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Market Segmentation
The waterproofing admixture market can be segmented based on several criteria:
By Service Type:
Integral Admixtures: These are mixed directly with concrete to provide waterproofing properties.
Surface Applied Admixtures: These are applied to the surface of concrete structures to provide a waterproof layer.
Grouts and Sealants: Used for filling joints and cracks to prevent water ingress.
By Sourcing Type:
Chemical Admixtures: Includes admixtures like polymer-based, crystalline-based, and others.
Natural Admixtures: Derived from natural sources, such as certain types of clay and minerals.
By Application:
Residential Construction: Used in homes and apartments to prevent water damage.
Commercial Construction: Applied in offices, shopping malls, and other commercial buildings.
Industrial Construction: Used in warehouses, factories, and industrial plants.
Infrastructure Projects: Includes bridges, tunnels, and dams.
By Industry Vertical:
Construction & Real Estate
Transportation
Energy & Utilities
Others (e.g., marine, agriculture)
By Region:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Regional Analysis
North America: Dominated by the U.S. and Canada, this region is characterized by significant investments in infrastructure and residential projects. The market is driven by stringent building codes and regulations.
Europe: The European market benefits from advanced construction technologies and a focus on sustainable building practices. Countries like Germany, France, and the UK are key contributors.
Asia-Pacific: This region is expected to witness the highest growth rate due to rapid urbanization, increasing infrastructure projects, and a booming real estate sector. China and India are prominent markets.
Latin America: Growth in this region is fueled by increasing construction activities and investments in infrastructure development.
Middle East & Africa: The market is growing due to infrastructural developments and the need for durable construction solutions in extreme weather conditions.
Market Drivers and Challenges
Drivers:
Growing Urbanization: The rapid growth of urban areas increases the demand for new construction and infrastructure, boosting the need for waterproofing solutions.
Infrastructure Development: Investments in infrastructure projects, such as roads, bridges, and tunnels, drive the demand for waterproofing admixtures.
Regulatory Standards: Stringent building codes and standards for water resistance contribute to market growth.
Challenges:
High Costs: The high cost of advanced waterproofing technologies can be a barrier for some segments of the market.
Environmental Concerns: The environmental impact of chemical admixtures poses challenges, leading to a growing preference for eco-friendly solutions.
Market Trends
Sustainable Solutions: There is an increasing demand for eco-friendly and sustainable waterproofing admixtures, driven by environmental regulations and consumer preferences.
Technological Advancements: Innovations in admixture formulations and application technologies are enhancing performance and ease of use.
Increased Awareness: Growing awareness about the benefits of waterproofing in enhancing the durability of structures is driving market growth.
Future Outlook
The future of the waterproofing admixture market looks promising, with continued growth driven by ongoing construction activities, infrastructural developments, and advancements in technology. The focus will likely shift towards more sustainable and cost-effective solutions, with increased emphasis on reducing environmental impact.
Key Market Study Points
The market is expected to reach USD 8.5 billion by 2031, growing at a CAGR of 7.9%.
Asia-Pacific will lead in growth due to rapid urbanization and infrastructure development.
Sustainable and eco-friendly solutions are becoming increasingly important in the market.
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Competitive Landscape
The competitive landscape of the waterproofing admixture market includes major players such as BASF SE, Sika AG, CEMEX S.A.B. de C.V., and Mapei S.p.A. These companies are focusing on innovation, strategic partnerships, and expanding their product portfolios to maintain a competitive edge.
Recent Developments
Recent developments in the market include the introduction of advanced admixture technologies, collaborations for research and development, and the launch of eco-friendly products. Companies are also investing in expanding their production capacities to meet the growing demand.
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Digital Commerce Platform Market Developments, Trends & Opportunities till 2032
Digital Commerce Platform Market provides in-depth analysis of the market state of Digital Commerce Platform manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Digital Commerce Platform in these regions till the forecast period
North America
Middle East and Africa
Asia-Pacific
South America
Europe
Key Attentions of Digital Commerce Platform Market Report:
The report offers a comprehensive and broad perspective on the global Digital Commerce Platform Market.
The market statistics represented in different Digital Commerce Platform segments offers complete industry picture.
Market growth drivers, challenges affecting the development of Digital Commerce Platform are analyzed in detail.
The report will help in the analysis of major competitive market scenario, market dynamics of Digital Commerce Platform.
Major stakeholders, key companies Digital Commerce Platform, investment feasibility and new market entrants study is offered.
Development scope of Digital Commerce Platform in each market segment is covered in this report. The macro and micro-economic factors affecting the Digital Commerce Platform Market
Advancement is elaborated in this report. The upstream and downstream components of Digital Commerce Platform and a comprehensive value chain are explained.
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Global Growth Insights
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Constructive Chemistry: Unveiling the Innovations in Building Materials
The global Construction Chemicals Market was valued at USD 87.50 billion in 2023 and is projected to reach USD 159.28 billion by 2031, growing at a CAGR of 7.77% from 2024 to 2031.
This comprehensive research study on the global Construction Chemicals market offers detailed analyses of market trends, prominent drivers, and future growth prospects, providing readers with an extensive understanding of the market environment necessary for informed business decisions. Covering various aspects such as estimated market sizing, strategies employed by leading companies, restraining factors, and challenges faced by market participants, the report equips stakeholders with actionable insights.
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Market Forecast and Trends
Precise market forecasts and identification of emerging trends enable stakeholders to anticipate the industry’s future trajectory and develop strategic tactics accordingly, providing a competitive edge in a dynamic business landscape.
Regional and Segment Analysis
The study facilitates industry participants in identifying high-growth regions and profitable market segments through region-specific and segment-by-segment analysis. This information aids in devising effective marketing strategies and product lineups tailored to the preferences and needs of diverse target audiences across major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Investment and Expansion Opportunities
The research report unveils prospective areas for investment and business growth in the global Construction Chemicals market, enabling strategic decision-making for readers seeking to expand into new markets or introduce new products.
Competitive Analysis
In-depth competitive analysis profiles major market competitors and evaluates their strategies, weaknesses, and market shares. Insights into top business strategies employed by key players such as partnerships, alliances, mergers, acquisitions, product innovations, and development empower industry participants to benchmark their businesses against rivals and devise winning strategies for market differentiation.
The major players in the Construction Chemicals Market are:
BASF SE
Dow
RPM International Inc.
Saint-Gobain
MAPEI Corporation
Ardex Group
Fosroc, Inc.
B. FULLER COMPANY
Bostik
Reasons to Purchase This Report:
Futureproof Decisions: Gain precise market forecasts and identify emerging trends to confidently navigate the future of the Construction Chemicals market.
Competitive Advantage: Outperform rivals with a comprehensive competitive analysis, revealing their strategies and market share.
Growth Catalysts Exposed: Uncover the key factors driving market expansion and leverage them to propel your business forward.
Profitable Opportunities: Pinpoint high-growth regions and lucrative market segments through in-depth regional and segment analysis.
Investment Guidance: Strategically plan investments and expansions in the global Construction Chemicals market with insights on potential growth areas.
Informed Decisions: Utilize precise market forecasts and in-depth analysis to make data-driven business decisions.
Market Expertise: Deepen your understanding of market trends and growth drivers for a comprehensive market landscape overview.
Actionable Insights: Gain practical takeaways from the report's competitive analysis, market sizing, and future projections.
The global Construction Chemicals Market is segmented as:
By Type
Adhesives
Concrete Protective Coatings
Bonding agents
Admixtures
Waterproofing
Anchoring materials
By Application
Commercial & Infrastructure
Residential
By Region
North America
U.S.
Canada
Mexico
Europe
France
U.K.
Spain
Germany
Italy
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Middle East & Africa
GCC
North Africa
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
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A Comprehensive Analysis of the Waterproofing Admixture Market
The Waterproofing Admixture market is estimated to be valued at US$ 4.66 Bn in 2023 and is expected to exhibit a CAGR of 8.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Waterproofing admixture are chemical agents that are added to concrete or mortar to provide waterproofing properties during construction. They prevent the ingress or passage of water through concrete pores and cracks. Common waterproofing admixtures are crystalline, Pore-blocking, and permeability-reducing admixtures. These admixtures find wide usage in building structures such as basements, tunnels, bridges, and wastewater plants where prevention of water ingress is crucial. Market Dynamics:
The waterproofing admixture market is primarily driven by the increasing construction activities around the world. Rapid urbanization and infrastructure development in emerging economies are translating into new residential, commercial and industrial construction which requires effective waterproofing solutions. Furthermore, stringent regulations regarding water management in newer construction projects are also propelling the demand for waterproofing admixtures. Additionally, continuous technological advancements in admixture formulations to provide enhanced permeability and crack resistance properties are supporting the market growth. For instance, self-healing crystalline admixtures can autonomously seal cracks up to 0.5mm, thereby improving the overall waterproofing effectiveness of concrete. SWOT Analysis
Strength: Waterproofing admixtures offer high strength and durability to the concrete structure against moisture ingress and corrosion. They provide long term protection and increase the service life of concrete structures. Their use reduces maintenance cost of infrastructure. Weakness: High initial investment is required for adoption of advanced waterproofing admixture technologies. Traditional cement-based waterproofing systems have well established markets. Opportunity: Growing construction of marine structures, basements, tunnels and other below-grade structures generates demand. Infrastructure development in emerging nations of Asia and Africa opens new markets. Threats: Strict environmental norms can affect raw material sourcing and product development. Substitute products from local vendors increase competition. Key Takeaways The global waterproofing admixture market is expected to witness high growth, exhibiting CAGR of 8.0% over the forecast period, due to increasing construction activities across commercial and residential sectors. Rapid urbanization and growing population are driving the demand for housing and infrastructure development. Regional analysis Asia Pacific accounts for the largest share in the global waterproofing admixture market due to strong presence of construction industry in China, India, Japan and other developing nations. Government initiatives to develop infrastructure and smart cities boost the demand. North America and Europe are also significant markets driven by renovation and maintenance of existing structures. Key players Key players operating in the waterproofing admixture market are Dow Corning Corporation, Mapei S.p.A, RPM International, Sika A.G., BASF SE, W.R. Grace, Wacker Chemie A.G, Xypex Chemical Corporation, Fosroc International, Evonik A.G., Pidilite Industries. The industry players focus on new product launches, partnerships and expansions to gain leading position.
#Waterproofing Admixture Market Share#Waterproofing Admixture Market Growth#Waterproofing Admixture Market Demand#Waterproofing Admixture Market Trend#Waterproofing Admixture Market Analysis
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U.S. Mortar and Admixtures In-Depth Profiling With Key Players and Recent Developments, Forecast Period: 2021-2031
Concrete Admixtures Construction Chemicals Market Overview:
Global Concrete Admixtures Construction Chemicals Market revenue is expected to reach $16,324 million by 2023, from $11,027 million in 2016, with a CAGR of 5.7% from 2017 to 2023. Cement is used as a binding material in construction. Concrete admixtures are ingredients that are added to the concrete before or during blending for high workability, high strength, durability, watertight, wear resistant, and high finish. Various types of admixtures used in concrete are fly ash, silica fume, rice husk ash, superplasticizers, normal plasticizers, waterproofing agents, air-entraining agents, water-reducing agents, retarding agents, hydration-control agents, accelerating agents, anti-corrosion agents, coloring agents, and others. Three types of admixtures prevalent in the market are ligno-based, sulfonated naphthalene formaldehyde (SNF) & sulfonated melamine formaldehyde (SMF) based and polycarboxylate ether (PCE) based. Ligno-based admixtures were the first-generation admixtures with lower performance as compared to SNF & SMF- and PCE-based admixtures. The global concrete admixtures construction chemicals market is segmented based on type, application, and geography. Based on type, the market is bifurcated into mineral and chemical admixtures. Based on application, itis classified into residential, commercial, infrastructure, and repair structures. Geographically, itis categorized into North America, Europe, Asia-Pacific, and LAMEA.
Asia Pacific is anticipated to grow at significant rate from 2017 to 2023. Emerging countries, such as China and India, offer lucrative opportunities to market players, due to the growing urbanization and industrialization. Thus, significantly large population base, rise in construction activities and increase in disposable income are expected to drive the growth of the market in this region.
Top Investment Pocket
Residential complexes and buildings are in high demand in response to the perennial urbanization globally. Construction firms initiate comparatively larger number of residential projects with high-grade construction materials to provide improved structural integrity and sustainability. Residential segment is the most lucrative market in the concrete admixtures construction chemicals market and is expected, to grow at the significant CAGR during the forecast period. Infrastructure segment is the second accretive market in global concrete admixtures construction chemical market.
Segment Review
Chemical admixtures segment accounted for the largest share in concretes admixtures construction chemical market, owing to its high strength, excellent workability, high performance, and durability. It is expected to grow at a high CARG during 2017 to 2023.
LAMEA Review
The emergence of new markets in the LAMEA region has boosted construction schemes and elevated the living conditions of the population. The rise in urbanization and increase in living standards of people in Brazil is responsible for the growth in residential structures. As per the Brazilian Institute of Geography and Statistics, in 2012, the construction industry in Brazil accounted for about $109 billion. Further, growth in the construction industry is expected to drive the concrete admixture market in Brazil.
Some of the key players operating in the global concrete admixtures construction chemicals market are BASF SE, Arkema SA, Ashland Inc., Fosroc International Limited, Mapie S.p.A, Pidilite Industries, RPM International Inc., Sika AG, The Dow Chemical Company, and W.R. Grace & Company.
Other key concrete admixtures construction chemicals market players (not profiled in this report) in the value chain include CEMEX S.A.B de C.V., Conmix Ltd., CICO Technologies Ltd., and Chryso S.A.S.
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Concrete Admixtures Market Projected to Garner Significant Revenues by 2028
The research reports provide deep insights into the global market revenue, market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of Concrete Admixtures market during the forecast period, i.e., 2022–2030. The report, most importantly, identifies the qualitative impact of various market factors on market segments and geographies. The research segments the market on the basis of product type, application type, technology type, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors, including but not limited to supply chain management, distribution Trade, channels, supply and demand, and production capability differ across countries.
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Concrete Admixtures Market Company Profiles Analysis:
Sika AG
GCP Applied Technologies Inc.
RPM International Inc.
BASF SE
Fosroc, Inc.
MAPEI S.p.A
CHRYSO GROUP
Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Concrete Admixtures Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2030, factoring the impact of Covid -19 Situation.
Market Segmentation:
Concrete Admixtures Market Size, Share & Trends Analysis Report By Product, Water Reducing Admixtures, Waterproofing Admixtures, Accelerating Admixtures, Air-Entraining Admixtures, Retarding Admixtures, Others; Global Industry Insights, Trends, and Forecast, 2021-2028.
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Regional Framework
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Concrete Admixtures Market based on various segments. It also provides market size and forecast estimates from the year 2022 to 2028 with respect to five major regions. The Concrete Admixtures Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
Promising Regions & Countries Mentioned in The Concrete Admixtures Market Report:
North America
Europe
Asia-Pacific
Latin America
The Middle East & Africa
Major Features of Concrete Admixtures Market Report:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Concrete Admixtures market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the global Concrete Admixtures market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
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Construction Chemicals Market 2022: Top Manufacturers, Production Analysis and Growth Rate Through 2030
Construction Chemicals Market is projected to be worth USD 37.55 billion by 2030, registering a CAGR of 8.60% during the forecast period 2021 - 2030
The growth of the global demand for building chemicals is powered mainly by growing investment in infrastructure development and residential construction activities worldwide. These chemicals are rapidly being used to enhance concrete performance, along with growing industry knowledge of the consistency of concrete, cement, asphalt, and other building materials. Growing urbanization and rapid population development worldwide push the development of residential projects and houses, and construction activity in both new construction and renovation and refurbishment is projected to increase over the forecast period. This, in fact, is expected to raise demand for building chemicals over the projected period.
Development is also driven by expanded spending in the Sector of Infrastructure. In addition, the government is spending heavily in infrastructure construction across the developed world to accelerate economic growth. The growing adoption of ready-mix concrete is expected to further propel the demand for construction chemicals, especially in the commercial and infrastructure sectors.
The absence of customer knowledge of chemical and building aids and lower profit margins are the factors that are projected to hinder the development of the global chemical construction market.
Market Segmentation
The global construction chemicals market, by product type, has been segmented into concrete admixtures, waterproof chemicals, flooring compounds, adhesives and sealants, and others.
By end-use, the global demand for building chemicals was segmented into domestic, commercial, manufacturing, and utilities. Owing to the growing population and urbanization, infrastructure will be the first choice for potential applicants, which would fuel the need for sustainable infrastructure and environmentally friendly goods. The residential sector is the second most lucrative category for new entrants in the demand for construction chemicals. In 2021, this sector was the biggest sales producer, representing almost half of the global industry. Leading to the rising in demand for houses and residences in urban areas, construction chemicals are commonly used in residential infrastructure.
Regional Overview
Asia-Pacific is projected to be the region's biggest and most profitable building chemicals market. Growing developments in urban construction accelerated industrialization and the rising amount of new residential building ventures are due to the fast growth of the regional sector. China is projected to be Asia-Pacific's largest market while India, led by ASEAN countries, is projected to be the fastest-growing market over the forecast period. To satisfy the rising demand for building chemicals in the country, the leading players are investing in rising their production capacity in the country.
Another prominent market for construction chemicals is expected to be in North America. Growth in the region is supported by the rebuilding of the US construction industry. As rapidly increasing urbanization needs the development of residential towers, North America has an enormous capacity for construction products, and buildings are in high demand in response to perennial urbanization worldwide. In order to offer increased structural stability and durability, building companies undertake relatively greater numbers of residential developments using high-grade construction materials.
During the review period, the European market is expected to see steady expansion. Due to economic growth and increased spending in infrastructure production, Latin America and the Near East & Africa are projected to have substantial demand for construction chemicals during the forecast period.
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Competitive Dashboard
Some of the eminent players operating in the global construction chemicals market are LATICRETE International, Inc (US), BASF SE (Germany), Pidilite Industries Ltd (India), Tata Chemicals (India), Sika AG (Switzerland), Fosroc, Inc. (India), Henkel AG (Germany), Apple Chemie India Pvt. Ltd (India), Croda International Plc (UK), W. R. Grace & Company (US), RPM International, Inc (US), Evonik Industries AG (Germany), Huntsman International LLC (US), Dow (US), and Chemax Chemical (India).
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#Construction Chemical Industry research#Construction Chemical Market Size#Construction Chemical Market Share#Construction Chemical Market Regional Analysis
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Construction Chemical Market Share Outlook and Forecast By 2030 | BASF SE, Sika AG, MAPEI S.p.A.
Construction Chemical Market Summary 2022-2030
The Construction Chemical research report covers global current market size estimation, market situation, structure, products, leading industry players, segmentation by types, and applications. The Construction Chemical market study focuses on the characteristics that have a significant influence on the Construction Chemical market and might have a massive effect on its future growth. Also included in the research are details on the drivers that lead to growth as well as the market's limitations and recent gains.Global construction chemical market was valued at USD 226.41 million in 2018 and is projected to reach a value of USD 369.39 million by 2026, registering a CAGR of 6.31% during the forecast period, 2019–2026. Construction Chemical Market size studies explore the effects of COVID-19 on the upstream, midstream, and downstream sectors of the industry. In addition, this analysis provides extensive market estimations by putting an emphasis on data covering numerous factors that encompass market dynamics such as market drivers, market barriers, market opportunities, market risks, and industry news and trends.
Competitive Landscape
Some of the prominent players operating in the Construction Chemical market are BASF SE, Sika AG, MAPEI S.p.A., CHRYSO, GCP Applied Technologies, Cementaid International Group of Companies, Arkema S.A., Akzo Nobel Chemicals AG, Henkel AG & Co., and RPM International S.P.A. other vendors in the market include BOSTIK, UROMIX CHEMICAL SDN BHD, Fosroc International Limited, DowDuPont Inc., Lafarge S.A., Pidilite Industries., and Axelchem SDN BHD.
Get Free Request Sample Report @ Construction Chemical Market Size 2022-2030
Many industries might benefit from the substantial market research that the Construction Chemical market report does. Every business owner wants to know how much demand there is for new products, and this study is an excellent resource. As an added bonus, the most recent market changes are always taken into account. You may keep an eye on your competitors and their strategies for development by reading the Construction Chemical market research reports. It also conducts extensive study for the years 2022-2030 in order to give business owners with opportunities in the future.
This research also provides a dashboard view of prominent organizations highlighting their effective marketing tactics, market share and most recent advances in both historical and current settings.
Global Construction Chemical Market: Segmentation
As a result of the Construction Chemical market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts. By Type, Concrete Admixtures, Adhesives & Sealants, Waterproofing, Flooring, Repair & Rehabilitation, Others, By Application, Residential, Commercial, Industrial, Others,
The report forecasts revenue growth at all the geographic levels and provides an in-depth analysis of the latest industry trends and development patterns from 2020 to 2030 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:
North America (U.S., Canada)
Europe (U.K., Germany, France, Italy)
Asia Pacific (China, India, Japan, Singapore, Malaysia)
Latin America (Brazil, Mexico)
Middle East & Africa
This Report is available for purchase on Buy Construction Chemical Market Report
Key Highlights
In order to explain Construction Chemical the following: introduction, product type and application, market overview, market analysis by countries, market opportunities, market risk, and market driving forces
The purpose of this study is to examine the manufacturers of Construction Chemical, including profile, primary business, and news, sales and price, revenue, and market share.
To provide an overview of the competitive landscape among the leading manufacturers in the world, including sales, revenue, and market share of Construction Chemical percent
In order to illustrate the market subdivided by kind and application, complete with sales, price, revenue, market share, and growth rate broken down by type and application
To conduct an analysis of the main regions by manufacturers, categories, and applications, covering regions such as North America, Europe, Asia Pacific, the Middle East, and South America, with sales, revenue, and market share segmented by manufacturers, types, and applications.
To conduct an investigation into the production costs, essential raw materials, and production method, etc.
Principal Motives Behind the Purchase:
To get deep Analyzes of the industry and to have a complete comprehension of the commercial landscape of the global market.
Analyze the production processes, key problems, and potential solutions in order to reduce the potential for future problems.
The goal of this study is to get an understanding of the most influential driving and restraining factors in the Construction Chemical industry as well as the influence that this market has on the worldwide market.
Gain an understanding of the market strategies that are now being used by the most successful firms in their respective fields.
In order to have an understanding of the market's future and potential.
Read Full Report with Table of Content and Figures Construction Chemical Market Report with TOC
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Construction Chemicals Market 2023-2031: Driving Innovation in Building Materials
The global construction chemicals market is set to witness substantial growth from 2023 to 2031, fueled by the booming construction industry, increasing infrastructure projects, and the demand for advanced building materials. Construction chemicals play a vital role in enhancing the performance, durability, and sustainability of construction materials, contributing to the development of resilient and high-quality structures. With technological advancements and sustainability concerns at the forefront, the construction chemicals market is experiencing dynamic shifts and innovations, shaping the future of the construction industry worldwide. The construction chemicals market is experiencing steady growth globally, driven by the need for specialized chemicals and additives to improve the properties of concrete, mortar, waterproofing materials, adhesives, and sealants used in construction projects. Construction chemicals enhance the workability, strength, durability, and performance of building materials, ensuring the longevity and sustainability of structures. Download Sample of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3123 Market Segmentation: By Service Type: Includes product sales, installation services, consulting services, and technical support.
By Sourcing Type: Comprises admixtures, waterproofing chemicals, adhesives and sealants, protective coatings, and others.
By Application: Covers residential, commercial, industrial, and infrastructure construction projects.
By Industry Vertical: Encompasses building & construction, infrastructure, transportation, and industrial manufacturing.
By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Regional Analysis: Asia Pacific is anticipated to dominate the construction chemicals market, driven by rapid urbanization, infrastructure development, and investments in emerging economies such as China, India, and Southeast Asian countries.
North America and Europe are expected to witness steady growth, supported by stringent building codes, sustainability initiatives, and investments in green building projects.
Latin America, Middle East & Africa regions are projected to experience moderate growth, fueled by construction activities and infrastructure development projects. Market Drivers and Challenges: Drivers:
Increasing construction activities, infrastructure development projects, urbanization trends, and the need for high-performance and sustainable building materials. Challenges: Fluctuating raw material prices, regulatory compliance requirements, technical challenges in product formulation, and environmental concerns related to chemical usage. Market Trends: Rising adoption of eco-friendly and low-VOC (volatile organic compounds) construction chemicals.
Development of smart and self-healing construction materials for enhanced durability.
Integration of nanotechnology and advanced polymers in construction chemical formulations.
Future Outlook:
The future outlook for the construction chemicals market is promising, with increasing demand for innovative and sustainable solutions driving market growth. Technological advancements, regulatory requirements, and shifts towards green building practices are expected to shape the future landscape of the construction chemicals industry. Key Market Study Points: Analysis of market dynamics and regulatory frameworks influencing the construction chemicals market.
Evaluation of key technological advancements and innovations in construction chemical formulations.
Assessment of market opportunities and challenges in different industry verticals and regions.
Identification of emerging trends and growth drivers driving market expansion.
Competitive Landscape:
The construction chemicals market is characterized by intense competition among key players such as BASF SE, Sika AG, Dow Inc., RPM International Inc., and MAPEI Corporation. These companies are focusing on product innovation, strategic partnerships, and investments in research and development to maintain a competitive edge in the market. Recent Developments: Introduction of advanced construction chemical products with improved performance characteristics and sustainability credentials.
Strategic collaborations and partnerships to expand product portfolios and global market presence.
Investments in research and development initiatives to develop next-generation construction chemical solutions. Buy this Premium Research Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=3123<ype=S About Transparency Market Research Transparency Market Research, a global market research company registered in Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact: Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Website: https://www.transparencymarketresearch.com
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Ready-Mix Concrete Market Trends, Key Players, And Report 2027
Market Overview
Substantial Admixtures are fabricated or normal synthetic compounds added during the blending of cement to upgrade specific explicit properties of the solidified or new concrete. These properties elevate the usefulness, right on time as well as conclusive strength and solidness of the substantial. Alongside that, it adds synthetic steadiness and causes water decrease in the blend. The admixtures for concrete give security from erosion and furthermore forestall breaking or contracting. Additionally, the admixtures benefit in water decrease as well as helps in dialing back the setting pace of cement. In this way, it lessens the over-burden of laborers while building the constructions.
The principal elements of these admixtures are that they are plasticizers, air entrainers, best for waterproofing, gas pedals as well as retarders. As a plasticizer, the substantial admixtures give colossal usefulness by diminishing water content, and as air entrainers, it permits air rises in concrete glue while blending to lift its protection from freezing or defrosting. Also, gas pedals and retarders admixtures lessen the ideal opportunity for the substantial blend to set. The waterproofing admixtures can assimilate water as well as waterborne toxins as it is permeable. This large number of valuable elements of admixtures are supporting the worldwide Ready-Mix Concrete Market interest.
Throughout the long term, the rising interest for framework in non-industrial countries has heightened the requirement for the Ready-Mix Concrete Market. Besides, the expansion in pay of the working class and fast urbanization has provoked an interest for private and modern development to an unheard-of level. Subsequently, this higher necessities of individuals and tendency for better development has impelled the worldwide Ready-Mix Concrete Market development. Indeed, even the public authority strategies for better framework principles and required decrease in water utilization during development are sure worries that can be settled by the powerful use of admixtures.
The report centers around the top to bottom examination of the Ready-Mix Concrete Market construction alongside the general development parts of the market. Alongside that, it remembers the effect of COVID19 for the market. It portrays the few elements of the market, including amazing open doors and restrictions connected with its market development. Various fragments of the market and the players it is likewise referenced to advance the market. Examination of a few topographies is likewise remembered for the report. As the interest for the worldwide Ready-Mix Concrete Market is flooding at a quick speed, the market valuation and development is supposed to have a significant ascent during the conjecture time frame from 2021 to 2027.
Key Players
The major market participants profiled in this Ready-Mix Concrete Market report include ACC Limited, Barney & Dickenson, Inc., CEMEX S.A.B. de C.V., Heidelberg Cement, Holcim Ltd., SIKA group, Ultra Tech Cement Limited, Vicat SA, CRH plc, and Vulcan Materials Company. Of these, it is most likely that Asia Pacific will lead in the market owing to a growing number of new infrastructural projects in India, Singapore, China, and Thailand.
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COVID19 Analysis
The unexpected flood of the COVID19 pandemic has fundamentally affected the whole world with regards to wellbeing and economy. The development pace of the economy lowered down to bring down rates, and all around the world, individuals confronted weighty monetary misfortunes. Because of the lockdown limitations, modern tasks and it were confined to produce units. The production network was profoundly upset by the pandemic, and the hole between supply-request continued to broaden. Many tasks got delayed for an endless time frame period, and every one of these have impacted the worldwide Ready-Mix Concrete Market. In the pandemic, there was a lessening in development exercises, and the utilization design was reshaped, which impacted the extension of Ready-Mix Concrete Market size.
Nonetheless, the interest for better foundation and the developing speed of urbanization will support the development of the worldwide Ready-Mix Concrete Market. The persistent exertion of market players in giving better items and expanded R&D is assisting with making the development of the market stable once more. In the post-pandemic stage, the interest for the substantial admixtures will ascend positively bringing about the movement of the market.
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Asia Pacific Construction Chemicals Market Size, Share, Growth, Industry Analysis and Forecast 2026
According to TechSci Research report, “Asia Pacific Construction Chemicals Market By Product Type (Concrete Admixtures, Waterproofing Chemicals, Protective Coatings, Construction Adhesive, Construction Sealant, Flame Retardant, Specialty Coatings, Bitumen Emulsifier, Others), By Application (Residential, Industrial/Commercial, Infrastructure, Repair Structures), By Country, Competition, Forecast & Opportunities, 2025”, Asia Pacific construction chemicals market is expected to witness a formidable CAGR during the forecast period. Increasing awareness about green buildings is one of the major factors accounting for the growth of Asia Pacific construction chemicals market. Moreover, swift urbanization and industrialization in the region is further expected to bode well for the growth of Asia Pacific construction chemicals market through the forecast period. In addition to this, growing requirement for durable and aesthetic civil structure, is expected to positively influence the growth of Asia Pacific construction chemicals market in the years to come. Also, the benefits attained in making construction structures more economical both for contractors and other interest holders, is further making headway for the growth of Asia Pacific construction chemicals market. Along with this, high demand for sustainable construction is forecast to positively contribute to the market growth during the next five years.
Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on " Asia Pacific Construction chemicals Market "
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Asia Pacific construction chemicals market can be segmented based product type, application, company, and region. Considering the product type, the market is fragmented into concrete admixtures, waterproofing chemicals, protective coatings, construction adhesive, construction sealant, flame retardant, specialty coatings, bitumen emulsifier and others. Among these, the concrete admixtures dominated the market until 2019, by holding more than 40.0% sales volume, and is further anticipated to maintain its dominance during the forecast period as well. This can be primarily attributed to the high-volume usage of admixtures, which aids in reduction of the overall construction cost by changing the properties of the hardened concrete, when compared to other types of construction materials. For instance, the water requirement can be reduced by 5–10%, on addition of admixtures to concrete, which is contributing to the growing trend. Moreover, admixtures increase the concrete quality as well as help in smoothening the construction process. This is another factor propelling the growth of segment in the region.
Arkema S.A., Ashland Inc., BASF SE, Fosroc International Limited, Mapei S.P.A., W. R. Grace & Co., Pidilite Industries Limited, THE Dow Chemical Company, RPM International Inc., Sikka AG, Zhejiang Wulong Chemical Industry Company Limited, Kao Chemicals Global, Huntsman Corporation, The 3M Company, Bostik Company, are among others are the leading players operating in Asia Pacific construction chemicals market. The leading players are adopting several growth strategies to enhance the market scenario of construction chemicals. Other competitive strategies include new product developments; mergers & acquisitions; agreements, partnerships, and collaborations; and expansions to diverse their product portfolio in order to strengthen their market position.
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“Asia Pacific is forecast to witness formidable growth until 2025 on account of enhanced adoption of new construction technologies in the region. In addition to this, growing construction sector is further contributing to the growth of construction chemicals market in the region. Moreover, several initiatives taken by the government that are aimed at promoting infrastructural development are anticipated to drive the market growth during the forecast period.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Asia Pacific Construction Chemicals Market By Product Type (Concrete Admixtures, Waterproofing Chemicals, Protective Coatings, Construction Adhesive, Construction Sealant, Flame Retardant, Specialty Coatings, Bitumen Emulsifier, Others), By Application (Residential, Industrial/Commercial, Infrastructure, Repair Structures), By Country, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of Asia Pacific construction chemicals market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Asia Pacific construction chemicals market.
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Construction Chemicals Market Trends, Applications, Analysis, Growth, And Forecast To 2027
Construction Chemicals Market – Market Overview
Construction chemicals are specialty chemicals used in various construction activities residential, non-residential and renovation. These chemicals enhances the overall performance of end products used in the building and construction. The construction chemicals can be broadly classified into concrete admixtures, waterproofing chemicals, flooring compounds, and adhesives & sealants among others.
As the name suggests, the market is highly dependent on the dynamics of construction industry across the globe. On a holistic, the emerging economies such as Asia Pacific and Middle East is expected to be the sweet spot for construction chemicals. For instance, India’s vision “Housing For All by 2022” initiatives is expected to boost the demand. Whereas, regained stability of housing market and increasing reconstruction activities in developed economies is expected to drive the demand.
The market consumption trends vary region to region, for instance, the economic downturn in 2008-09 in the U.S which had an adverse effect on the housing industry in the country witnessed sharp decline in the ceramic tile industry. However, the recent stats showing a positive outlook for housing market in the U.S for 2017-18 with low mortgage rates in the country beefing up new construction activities. Hence, a positive prospect for the ceramic tile players operating in the region. Since, the construction chemicals are majorly consumed in its close vicinity of production.
Construction chemicals are widely consumed among new residential and non-residential constructions along with the reconstruction and renovation activities. With the increasing population, urbanization, and industrialization in the emerging economies such as Asia Pacific and Middles East are stimulating the construction activities. These are some of the protuberant market compelling factors for construction chemicals.
Amidst the decline in oil prices in the GCC the construction activities in the region still remains as a strong indicator for economic growth in the region. The construction activities is expected to stimulate in the coming years with an overall capital spending in GCC estimated at USD 480 billion of which 65% will be towards infrastructure development. Accounting for the latter mentioned factors it is healthy to assume a pool of market opportunities for construction chemicals in the Middle East adding value to the global construction chemicals market as a whole.
Protuberant trend in the Construction Chemicals Market includes. Furthermore, government initiatives in the emerging economies for infrastructural developments is expected to stimulate the market for construction chemicals. For instance, government of India’s proposed spending in infrastructure accounting for 10% of the country’s GDP in its 12Th five-year plans will boost the demand for construction chemicals in the country.
Key Players:
BASF SE (Germany), Arkema SA (France), Ashland Inc. (U.S.), Fosroc International Limited (U.K.), Mapie S.p.A (Italy), Pidilite Industries Limited (India), RPM International Inc. (U.S.), Sika AG (Switzerland), The Dow Chemical Co.(U.S.), and W.R. Grace & Company (U.S.) among others. are some of the prominent players at the forefront of competition in the Global Construction Chemicals Market and are profiled in MRFR Analysis.
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Construction Chemicals Market – Competitive Analysis
The construction chemicals is a fragmented market, the competition is intense among the players operating in this market with increasing demand for construction chemicals players operating in the market wants to capture maximum share in the market. Some of the strategies adopted by the players operating in the market includes, capacity expansions, product launches and expanding geographical presence.
Industry/ Innovation/ Related News:
August, 2016 – BASF opened its first production plant in Sri Lanka for the production of standard and custom-made performance based construction chemicals. The plant was in line with company’s geographic expansion strategy to cater the increasing demand from customers in Sri Lanka
April, 2016-, BASF expanded its construction chemicals division in Russia. This expansion was in line with expanding the waterproofing chemicals portfolio for the Russian market.
April, 2016-, In line with the rapid growth of construction industry in India, BASF launched three new constructions solutions in the India market. Low-viscosity concrete admixtures, waterproofing solutions and waterproofing solutions for parking structure. The solutions launched are cost-effective, durable thus minimising the resources used in construction and repairs.
February, 2016- Sika AG, opened two construction chemicals plant in Southeast Asia addressing the increasing construction activities in the region. The plants are located in Myanmar and Cambodia. This expansion was in line with company’s strategy 2018, which involves penetration into new markets by opening new factories.
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Construction Chemicals Market Share Analysis, Size, Price Factors, Business Opportunities in 2019 and forecast to 2026
The global construction chemicals market size is projected to reach USD 70.91 billion by the end of 2026. The need for improved infrastructure will open up a huge potential for the growth of the market. According to a report by Fortune Business Insights, titled “Construction Chemicals Market Size, Share & Industry Analysis, By Type (Admixtures, Flooring, Waterproofing, Repair & Rehabilitation, and Others), By Application (Residential, and Non-Residential), and Regional Forecast, 2019-2026,” the market was worth USD 42.32 billion in 22018 and will exhibit a CAGR of 6.7% during the forecast period, 2019-2026.
Construction chemicals are used as additives in cement and other construction material. They are widely used for improving the performance of several products, with a bid to establishing durable and structures and interiors. The high investment in the research and development of newer products will have a positive impact on the growth of the market in the coming years. Besides durability, this product provides strength to the substance in which they are used. The presence of several large-scale companies will have a huge impact on the growth of the market in the foreseeable future. The properties of construction chemicals such have allowed applications across diverse construction sectors, subsequently contributing to the growth of the market.
Asia Pacific to Emerge Dominant; Increasing Investment in Product R&D by major Companies to Aid Growth
The report analyzes the ongoing construction chemicals market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, Asia Pacific currently dominates the market. The availability of raw materials has attracted start-ups as well as encouraged established companies. Besides Asia Pacific, the market in North America will witness considerable growth in the coming years. As of 2018, the market in North America was worth USD 9.8 billion and this value is projected to increase further in the coming years.
Industry Developments:
September 2019: BASF unveiled a new production plant in the Philippines for supply of construction chemicals in local market.
Browse Complete Report Summary@ https://www.fortunebusinessinsights.com/construction-chemicals-market-102539
Variations in Product Offerings Will Aid Growth of the Market
The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the variations in product offerings will have a huge impact on the growth of the market. Several large-scale companies are looking to offer newer variations in these products with a bid to establishing a stronghold in the market. The In December 2018, Fosroc announced the launch of a green roof waterproofing grade of Polyurea. The product will offer improved resistance and water permeability, accounting to which it will witness huge demand in the coming years. Fosroc’s latest product will not only have a positive impact on the growth of the company, but will influence the growth of the market on a global scale.
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Global Construction Chemical Materials Market Segmentation, Application, Consumption & Revenue 2021
Construction Chemicals are chemically formulated using cement, concrete or other construction material at the time of construction to hold the construction material together. This is to fulfil its functional, aesthetic, performance, and design compatibility of civil structures. Furthermore, the chemicals aid in minimizing the content of water and cement which is required during the construction process. These chemicals play a major role in developing the infrastructure of the nation. Also known as speciality chemical, it increases the construction life and protects it from environmental hazards. Asia requires earthquake-resistant buildings and even places like North and Latin America which will further boost the market demand for stronger and climate resistant buildings and infrastructure.
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Market Dynamics
Drivers Need for infrastructure in developing economies Demand for public, commercial and residential infrastructure Growth of urban population and expansion Increasing disposable income - invest more in decent residential structures
Consumer Awareness
Need for durable and appealing infrastructure - economical for contractors and interest holders Investment by multinational companiesto develop new and effective construction chemical product and this accounts for about 3% of total sales Technological Advances Restraints Mature infrastructure Logistic issues Low investments Paucity of skilled labor Less inclination towards implementing quality standard Fluctuating raw material prices Lack of awareness about the construction chemical benefits High product costs
Opportunity
Increased the demand for eco-friendly construction materials, Acquisition, expansion, and new product launch to withstand the global competitive market Waterborne protective coatings to provide benefits such as graffiti resistance and self-cleaning features Use of ready-mix concrete (RMC) and various governmental policies for promoting the 'Green revolution'
Market Segmentation
Market segmented by Product Type:
Protective coatings - Paints, primers, lacquers, varnishes, and stains
Adhesives and sealants
Concrete Mixtures - chemical and mineral admixtures
Concrete Admixtures - Ligno-based, SNF (Sulfonated Naphthalene Formaldehyde) & SMF (Sulfonated Melamine
Formaldehyde)-based and PCE-based
Asphalt additives
Flame retardants
Waterproofing Chemicals and Other Construction Chemicals
Market segmented by Application:
Commercial
Industrial
Infrastructure
Residential
Repair structure
Geographic Analysis
Global Construction Chemical Market products are found in the largest Asia Pacific followed by Europe and North America. China, India, and Japan are the major suppliers. The increased investment rises in the energy industry and non-residential segments will be a major driving force owing to the incessant growth of urban population and improved infrastructure. For eg: Smart City Mission initiative launched by the Indian government in 2015 helped to catalyze the Indian construction industry.
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Construction Chemicals Market -Market Drivers, Restraints, Potential Growth Opportunities Market Insights, Trends Sales, Supply, Demand 2019-2027
Key Players:
BASF SE (Germany), Arkema SA (France), Ashland Inc. (U.S.), Fosroc International Limited (U.K.), Mapie S.p.A (Italy), Pidilite Industries Limited (India), RPM International Inc. (U.S.), Sika AG (Switzerland), The Dow Chemical Co.(U.S.), and W.R. Grace & Company (U.S.) among others. are some of the prominent players at the forefront of competition in the Global Construction Chemicals Market and are profiled in MRFR Analysis.
Access Complete Report @ https://www.marketresearchfuture.com/reports/construction-chemicals-market-1960
Construction Chemicals Market – Competitive Analysis
The construction chemicals is a fragmented market, the competition is intense among the players operating in this market with increasing demand for construction chemicals players operating in the market wants to capture maximum share in the market. Some of the strategies adopted by the players operating in the market includes, capacity expansions, product launches and expanding geographical presence.
Construction Chemicals Market – Market Overview
Construction chemicals are specialty chemicals used in various construction activities residential, non-residential and renovation. These chemicals enhances the overall performance of end products used in the building and construction. The construction chemicals can be broadly classified into concrete admixtures, waterproofing chemicals, flooring compounds, and adhesives & sealants among others.
As the name suggests, the market is highly dependent on the dynamics of construction industry across the globe. On a holistic, the emerging economies such as Asia Pacific and Middle East is expected to be the sweet spot for construction chemicals. For instance, India’s vision “Housing For All by 2022” initiatives is expected to boost the demand. Whereas, regained stability of housing market and increasing reconstruction activities in developed economies is expected to drive the demand.
The market consumption trends vary region to region, for instance, the economic downturn in 2008-09 in the U.S which had an adverse effect on the housing industry in the country witnessed sharp decline in the ceramic tile industry. However, the recent stats showing a positive outlook for housing market in the U.S for 2017-18 with low mortgage rates in the country beefing up new construction activities. Hence, a positive prospect for the ceramic tile players operating in the region. Since, the construction chemicals market are majorly consumed in its close vicinity of production.
Construction chemicals are widely consumed among new residential and non-residential constructions along with the reconstruction and renovation activities. With the increasing population, urbanization, and industrialization in the emerging economies such as Asia Pacific and Middles East are stimulating the construction activities. These are some of the protuberant market compelling factors for construction chemicals.
Amidst the decline in oil prices in the GCC the construction activities in the region still remains as a strong indicator for economic growth in the region. The construction activities is expected to stimulate in the coming years with an overall capital spending in GCC estimated at USD 480 billion of which 65% will be towards infrastructure development. Accounting for the latter mentioned factors it is healthy to assume a pool of market opportunities for construction chemicals in the Middle East adding value to the global construction chemicals market as a whole.
Protuberant trend in the construction chemicals market includes. Furthermore, government initiatives in the emerging economies for infrastructural developments is expected to stimulate the market for construction chemicals. For instance, government of India’s proposed spending in infrastructure accounting for 10% of the country’s GDP in its 12Th five-year plans will boost the demand for construction chemicals in the country.
Industry/ Innovation/ Related News:
August, 2016 – BASF opened its first production plant in Sri Lanka for the production of standard and custom-made performance based construction chemicals. The plant was in line with company’s geographic expansion strategy to cater the increasing demand from customers in Sri Lanka
April, 2016-, BASF expanded its construction chemicals division in Russia. This expansion was in line with expanding the waterproofing chemicals portfolio for the Russian market.
April, 2016-, In line with the rapid growth of construction industry in India, BASF launched three new constructions solutions in the India market. Low-viscosity concrete admixtures, waterproofing solutions and waterproofing solutions for parking structure. The solutions launched are cost-effective, durable thus minimising the resources used in construction and repairs.
February, 2016- Sika AG, opened two construction chemicals plant in Southeast Asia addressing the increasing construction activities in the region. The plants are located in Myanmar and Cambodia. This expansion was in line with company’s strategy 2018, which involves penetration into new markets by opening new factories.
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#Construction Chemical Industry research#Construction Chemical Market Size#Construction Chemical Market Regional Analysis#Construction Chemical Market Trend
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