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