Construction Chemicals Market
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Global <strong>Construction</strong><br />
<strong>Chemicals</strong> <strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation and Forecast,<br />
2014-2020<br />
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Report Description<br />
Growing urbanization is setting construction industry at pace, thereby giving rise to raw<br />
material industry such as construction chemicals market. In general construction<br />
chemical is one of the chemical compounds in specialty chemicals segment of the<br />
chemical industry. <strong>Construction</strong> chemicals are widely used in construction of residential,<br />
non- residential as well as non-buildinginfrastructural activities such as roads, highways<br />
and expressways. With the diverse set of applications across the construction industry,<br />
the construction chemical become an imperative material in today’s infrastructural<br />
environment. The main use of construction chemical is to strengthen the structure with<br />
enhanced durability. The manufacturers of construction chemicals might pose a 3% to 4%<br />
rise in current prices due to change in raw material prices and increased demand of new<br />
construction chemicals. However, as quality is prime concern for construction industry,<br />
the use of construction chemicals offering is long lasting and has crucial benefits with<br />
assured quality, the demand is expected to be unaffected of price rise. For instance<br />
Middle East is a remarkable region in the construction chemicals industry as it possesses<br />
the world’s finest and most famous constructions.<br />
The global construction chemicals market is growing significantly in terms of volume<br />
demand and revenue. The global construction chemical market is segmented on the basis<br />
of geography and producttype. The global construction chemical market is geographically<br />
segmented into seven key regions which are North America, South America, Eastern<br />
Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa. Asia Pacific<br />
construction chemical market dominates in the global construction chemical market<br />
geographic segments followed by Europe, Americas and Middle East respectively. In
Report Description<br />
terms of growth rate the Asia Pacific construction chemical market is expected to exhibit<br />
double digit CAGR, higher than that of other geographic segments of global construction<br />
chemical market for the forecast period. Whilst the developed countries in Americas and<br />
Europe is projected to grow with stagnant growth rate for the forecast period due to<br />
maturing market and slower growth in infrastructural development. The growth in Asia<br />
Pacific segment of global construction chemical market is spurred by growing<br />
urbanization which is fuelling the growth of infrastructure projects, thereby leading to<br />
the consumption of 65% of the world’s cement production. China standouts to be leader<br />
in Asia Pacific region of global construction chemical market whilst the India has<br />
miniscule market share, however the demand of construction chemical is gaining<br />
momentum in global construction chemical market in India due to rising awareness of<br />
benefits of construction chemicals. Other countries such as Russia, Australia and Brazil<br />
are expected to have high growth rates in their respective regions of global construction<br />
chemical market segment.<br />
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The global construction chemicals market canbe broadly classified into concrete<br />
admixtures, water proofing chemicals, flooring compounds, repair & rehabilitation and<br />
others. Concrete admixtures chemicals are used for better mixing of materials used in<br />
cement to make concrete, which holds the majority in global construction chemical
Report Description<br />
market. Concrete admixtures construction chemical market can be further divided into<br />
plasticizers, super-plasticizers, hyper-plasticizers, accelerators, retarders, air entrainments<br />
and corrosion inhibitors. Water proofing construction chemicals are used to avoid water<br />
infiltration and prove to be essential on the exteriors of buildings. Flooring compounds<br />
are used to resist abrasion, corrosion, slipping, chemical attack and most importantly to<br />
give the floor an aesthetic appearance. Repair and rehabilitation construction chemicals<br />
are basically used in the repairing systems, wear and tear of the construction structures.<br />
Other construction chemicals segment of global construction chemical market includes<br />
sealants, grouts, tile adhesives and protective coating and resins. Admixtures, flooring<br />
and water proofing construction chemicals have the highest share in the global<br />
construction chemicals marketas a result of their numerous end use applications.<br />
The growth of global construction chemicals market is proportional to the growth in<br />
construction industry. The world is moving towards continuous innovation and<br />
development. Infrastructural development is one of the important elements in this<br />
process which is spurring the demand of construction chemicals in global construction<br />
chemical market. Industrialization and urbanization are an impetus to the growth of<br />
global construction chemicals market. There has been a constant product improvement<br />
in the global construction chemicals market due to adoption of up graded technologies<br />
and exploring research and development activities by key players of global construction<br />
chemicals market.<br />
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Report Description<br />
The global construction chemicals market is consolidated in terms of revenue share,<br />
however on application and product type level the market is consolidated by supply<br />
majorly catered by domestic players in region such as Greater China.The key players in<br />
global construction chemicals market are Akzo<br />
Nobel <strong>Chemicals</strong> AG, Antas Chemical Company Limited, Ashland Inc., BASF SE and Bostik<br />
Inc. The potential of medium-sized unorganized and regional players is high and are<br />
expected to gain significant market shares by 2020.<br />
<strong>Construction</strong> chemicals market is expected to witness growth and novel opportunities<br />
due to the evident growth in construction and manufacturing sectors. There is a shift in<br />
demand for better performance construction chemicals. The industry is likely to unfold<br />
substantial avenues due to the attractive housing sector, rising awareness and increased<br />
penetration of construction chemicals, favorable regulations and improving<br />
manufacturing standards and practices.<br />
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