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Construction Chemicals Market Share, Size Global Key Trends, Industry Demand, Key Findings, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2023
Posted on May 5 2021 9:00 AM
"Construction Chemicals Market Research Report reviews the growth drivers and the current and future trends. The Construction Chemicals Market consists of a number of players. The company profiling of the above Construction Chemicals Market players has been done in the report consisting of their business overview, financial overview and the business strategies adopted by the companies with Forecast Period 2021-2023.
Global Construction Chemicals Market Research Report study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds impact on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.Construction Chemicals Market Research Report is highly research-intensive, powered by high R & D investment, and it possesses a strong product analysis to maintain growth and ensure long-term revenue generation.
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Construction Chemicals Market report offers a comprehensive view regarding the competitive landscape of the Construction Chemicals market and includes a deep description of performance by some of the key global players completing in the market. It offers a list of latest updates of several business strategies including mergers, acquisitions, partnerships, product launch, expansion of production units, and collaborations adopted by these major global players. The report provides a clear picture regarding R & D investment from key players and adoption of innovative technologies to widen their consumer base and expand the existing competitive position. Moreover, the report offers a detailed information about the position, scope of growth, and opportunities of new entrants or players in the market.
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The global construction chemicals market has been estimated at USD 19,416.37 million in 2017. The market is expected to register a CAGR of 6.06% during the forecast period, 2018 to 2023. Residential sector dominated the global construction chemicals market with nearly 29% share globally, while industrial segment is estimated to register the fastest CAGR through the forecast period.
Growing Demand in Asia-Pacific
Construction sector in Asia-Pacific is the largest in the world. The increasing infrastructure construction activities are the major drivers for the Asia-Pacific construction industry. In addition, the entry of major construction players from the EU into the lucrative market in countries like China, has further fueled the industryâ€™s growth. Owing to their business potential, countries, such as Indonesia, China, Malaysia, Singapore, and South Korea have become hosts to numerous national and international events. The move has accelerated the demand for hotels, shopping malls, high-rise buildings, arenas, and stadiums (both outdoor and indoor), thereby, boosting the construction industry in the respective regions. Concrete admixture dominates the global construction chemicals market by product type. The segment is expected to register the highest growth over the forecast period at a CAGR of 6.73%.
Concrete admixtures reduce the concrete construction cost, by modifying the properties of hardened concrete, ensuring better quality during mixing, transporting, placing, and curing, thus, overcoming the most emergencies during concrete operations. Asia-Pacific has the largest market for concrete admixture, owing to the massive growth in the construction markets of India, China, and various South-east Asian countries. Various incentives by the government of respective nations to promote the infrastructural sector, coupled with the blooming residential sector, owing to the rising middleclass population, have largely facilitated the growth of the construction market in Asia-Pacific over the years.
Asia-Pacific Dominates the Market
Asia-Pacific has the highest share in the market, accounting for nearly 46% of the global market share in 2017. The market for Asia-Pacific is driven majorly by the increasing construction activities coupled with supportive government regulations. Huge consumer base and cheaper manufacturing costs in the Asia-Pacific region are drawing-in high FDIs, with India and China being the major countries.
China is the Largest Consumer
The Chinese construction market is the largest in the world and is demonstrating a slower growth rate of 10.16% from 2015. The rising government investments in the transport infrastructure and water conversation sector is expected to maintain the growth rates of the construction sector in the country. In addition to all this, the approval of â€œGreen building evaluation standardâ€ by the government shall boost the green building market. Additionally, there have been investments of 823.8 billion Yuan and 801.5 billion Yuan in Chinaâ€™s rail infrastructure in 2015 & 2016, respectively.
Key Developments in the Market
May 2017: Arkema announced the acquisition of CMP Specialty Products by Bostik, the flooring and floor preparation business of US based specialist CGM.
April 2017: BASF signed an agreement to acquire GRUPO THERMOTEK, a leading waterproofing systems supplier based in Monterrey, NL, Mexico.
Major Key Players are MAPEI INC., SIKA AG, BASF SE, W.R. GRACE & CO., and RPM INTERNATIONAL INC and Other Players Include THE 3M COMPANY, ADCO, ALBEMARLE CORPORATION, ARKEMA SA, ASHLAND INC., BOLTON GROUP, CEMETAID (N.S.W.) PTY. LTD., CHRYSO, CICO TECHNOLOGIES LTD., CONMIX LTD., DOWDUPONT, FOSROC, FRANKLIN INTERNATIONAL, HENKEL AG & COMPANY, KGAA, LAFARGE, MUHU CONSTRUCTION MATERIALS CO. LTD., PIDILITE INDUSTRIES, SELENA FM S.A, STRUCTURAL WATERPROOFING AND THERMAX GLOBAL.
Reasons to Purchase this Report
Market definition, along with the identification of factors instrumental in changing the market scenario and prospective opportunities
Various market perspectives, with the help of Porterâ€™s five forces analysis
Regions or countries that are expected to witness the fastest growth during the forecast period
Product segment, which is going to dominate the market over the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
3 months analyst support along with the Market Estimation sheet in excel.
Customization of the Report
This report can be customized to meet your requirements.
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Covered in this report
The Report Covers the Present Scenario and the Growth Prospects of the Global Construction Chemicals Market for 2021-2023. To calculate the market size, the report considers new installations or sales and subscription payments of Construction Chemicals.
Regional Market Analysis:
The Construction Chemicals Market report includes Global & Regional market status and outlook 2021-2023. Further, the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Global Construction Chemicals Market 2021-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Growing research activities coupled with new product launches.
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- High Opportunity in the Industry
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- Complications associated with Construction Chemicals procedures.
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Key Attentions of Construction Chemicals Market Report:
- The report offers a comprehensive and broad perspective on the global Construction Chemicals market.
- The market statistics represented in different Construction Chemicals segments offers complete industry picture.
- Market growth drivers, challenges affecting the development of Construction Chemicals are analyzed in detail.
- The report will help in the analysis of major competitive market scenario, market dynamics of Construction Chemicals.
- Major stakeholders, top companies Construction Chemicals, investment feasibility and new market entrants study is offered.
- Development scope of Construction Chemicals in each market segment is covered in this report. The macro and micro-economic factors affecting the Construction Chemicals market
- Advancement is elaborated in this report. The upstream and downstream components of Construction Chemicals and a comprehensive value chain are explained.
Some Major Points from Toc :-
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness Porter's Five Forces Analysis
3.2.5 Degree of Competition
3.3 Price Analysis
4. Market Dynamics
5. Market Segmentation and Analysis (Market Size, Growth & Forecast)
5.1 By Product Type
5.2 By Application
5.3 By End-user Industry
6. Regional Market Analysis
6.1 Production Analysis
6.1.4 Democratic Republic of Congo
6.2 Consumption Analysis (Market Size, Growth and Forecast)
18.104.22.168 South Korea
22.214.171.124 Rest of Asia-Pacific
6.2.2 North America
126.96.36.199 United States
188.8.131.52 Rest of North America
184.108.40.206 United Kingdom
220.127.116.11 Rest of Europe
6.2.4 South America
18.104.22.168 Rest of South America
6.2.5 Middle East & Africa
22.214.171.124 South Africa
126.96.36.199 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
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