Market Research Report
Global Construction Chemicals Market 2018-2025
|Published by||DataM Intelligence||Product code||739292|
|Published||Content info||130-180 Pages
Delivery time: 1-2 business days
|Global Construction Chemicals Market 2018-2025|
|Published: October 1, 2018||Content info: 130-180 Pages||
Global Construction Chemicals Market Overview
Construction Chemicals are used in construction activities to increase the workability of the concrete or for various advantages such as waterproofing. The increasing demand for durable constructions and sound construction practices are driving the growth of global construction chemicals market. Moreover, growing construction activities in ASEAN countries such as Indonesia and Vietnam are boosting the market growth.
The Global construction chemicals market accounted for USD XX million in 2017 and is expected to grow at a CAGR of XX% to reach USD XX million in 2025.
Global Construction Chemicals Market - Market Dynamics
The increasing infrastructure development activities, Increasing Adoption of Innovative Construction such as ready mix concrete (RMC), and Growing Government Construction Developments are the prime drivers of the global construction chemicals market. Moreover, the rising formation of mega-cities, increasing living standards and population have a demand for quality construction work which will drive the construction chemical market. However, Strict Government Regulations, lack of skilled labour, and High prices of construction chemicals are key factors hampering the growth of the market..
The increasing prices of construction chemicals might hamper the market growth considerably. The lack of awareness regarding construction chemicals coupled with high prices might act as a significant barrier for growth. On 14th May 2018 BASF Japan Ltd. Has increased the sales prices for all construction chemical products in small packages by over 10%, including a price review and restructure for air-entraining agents and air-controlling agents for concrete admixtures.
Global Construction Chemicals Market - Segment Analysis
The global Globalan construction chemicals market is segmented by type and application. Concrete Admixtures, Protective Coating, Industrial Flooring, Waterproofing, Adhesives & Sealants, Grinding Aids, and Others. In 2017, concrete admixtures chemicals accounted for the significant share of the market, owing to increase in durability, workability and strength characteristics of a given concrete mixture.
By application, the Global construction chemicals market is segmented into commercial, residential and infrastructure.
The Global Construction Chemicals market is segmented into the regions as North America, Europe, Asia-Pacific, South America, and rest of the World. Asia-Pacific is the largest and fastest growing market owing to increased construction activities in developing nations such as China and India. China's Construction chemical market is growing owing to the factors such as the increasing stringent environmental regulations, and increasing Green buildings.
The global Construction Chemicals market is growing with a rapid pace and small players are acquiring major market share. Globally, over 30% of the Construction Chemicals market is attributed to four major players which are headquartered in US or Europe. These recognized players include BASF SE, GCP Applied Technologies, Sika AG, and Chryso. BASF SE is the market leader with XX% of the market share.
The scope of the Report
The report covers the factors impacting the market, Porter 5 Forces, Competitive Landscape, Product Benchmarking, and company profiles. Global Construction Chemicals Market is segmented based on the application as into construction, food & beverage, metalworking, oil and gas, paints & coatings, pharmaceuticals, water treatment, and others. Based on the product type the market is segmented as - metallic compounds, halogen compounds, organic acids, sulfones, phenolic, and others. Based on geography the market is segmented into - North America, South America, Global, Asia Pacific and the Middle East and Africa.