Infrastructure development is one of the major goals listed
in the sustainable development goals (SDGs) by the United Nations (UN). This
initiative led to rise in construction activities worldwide, and subsequently, there is an increase in revenue generated from the construction chemicals
market. As per the estimations of the IndustryARC business report, the global
construction chemicals market will attain a lucrative valuation of $51 billion by
the end of 2023, with a CAGR of 7.65% during the forecast period 2019-2025.
The construction chemicals market research report has a well-document assessment of the market forces along with
the trends, challenges, and opportunities that are foreseeable in the future.
Furthermore, it also provides a peek into the business strategies of the
existing market players along with the facts, figures, and statistics
pertaining to their construction chemicals market revenue share. The report is
titled, “Construction Chemicals Market-Industry Analysis, Market Size, Share,
Trends, Application Analysis, Growth; Forecast (2019-2025).”
Construction
Chemicals Market: Leading Segments
APAC had the largest construction
chemicals market share of 43% in 2017. This is attributable to the demand
influx created due to growing industrialization and residential real estate.
There is also an increased trade of paints and coatings in countries such as
India, China, Indonesia, and Malaysia. Furthermore, the pharmaceutical industry
expansion in India is also responsible for rising sales of construction
chemicals in the region.
The construction chemicals market
is segmented on the basis of types into paints and coatings, concrete
admixtures, asphalt modifiers, adhesives and sealants, and waterproofing
chemicals. Furthermore, it is also segmented based on end-user industries. The
application of construction chemicals in the residential and commercial sector
will collectively observe growth at a profitable CAGR of 8.50% through 2025.
Construction
Chemicals Market: Trends and Growth Drivers
· Augmented Application of Paints and Coatings –
Construction and repair work falls
under the category of construction industry that also includes application of
paints and coatings. The future foresees an augmented application of the same,
which will bolster the construction chemicals market.
· Green Chemistry Disrupting the Construction
Chemicals Market –
Green chemicals are affordable, and
they instill longevity. This is attributed to the fact that these chemicals
impart dry film thick (DFT), which makes it robust. Green construction
chemicals such as organic primers, adhesive cements, and varnishes are poised
to observe more growth prospects in the construction chemicals market.
· Innovative Products Poised to Gain Traction in
Construction Chemicals Market –
Light-generating cement is poised
to be incorporated in residential buildings in near future. Moreover, the
hydro-ceramics that reduce temperature by 6 degrees will observe revenue
generation worldwide.
Construction
Chemicals Market: Competitive Landscape
Some of the key companies
identified in the construction chemicals market intelligence report that are
striving to capitalize on the customer-base are Bayer Material Science, BASF
SE, Wacker Chemie AG, DowDuPont Inc., SABIC, Arkema S.A., RPM International,
Inc., Fosroc International Limited, Ashland Inc., Mapei S.p.A, Pidilite
Industries Ltd., and Sika AG.
Talk to one of our sales
representative about the full report by providing your details in the link
below:
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Related
Reports:
a) Textile Chemicals Market
https://www.industryarc.com/Report/11686/textile-chemicals-market.html
b) Concrete Admixtures Construction Chemical Market
c) Construction
Flooring Chemicals Market
https://www.industryarc.com/Research/Construction-Flooring-Chemicals-Market-Research-503523
d) Construction Adhesive Market
https://www.industryarc.com/Report/15155/construction-adhesive-market.html
What can you expect from the report?
1. Market Size by Product
Categories &
Application
11. Demand Analysis (Revenue &
Volume)
2. Market trends & Relevant
Market
Data
12. Country level
Analysis
3. Manufacturer
Landscape
13. Competitor
Analysis
4. Distributor Landscape
14. Market
Shares Analysis
5. Pricing Analysis
15. Value
Chain Analysis
6. Top 10 End user Analysis
16. Supply
Chain Analysis
7. Product Benchmarking
17. Strategic
Analysis
8. Product Developments
18. Current
& Future Market Landscape
Analysis
9. Mergers & Acquisitions
Analysis
19.
Opportunity Analysis
10. Patent Analysis
20.
Revenue and Volume Analysis
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