What is Construction Chemicals Market?
Construction Chemicals are used with cement, concrete or other construction materials for holding construction material together, essential for sustainable substructure and energy conservation in the construction industry. Moreover, construction chemicals are used to increase the strength of constructions and to offer protection from environmental dangers.
The market study is being classified by Type (Asphalt Additives, Concrete Admixtures , Adhesives, Sealants, Protective Coatings and Water Proofing Chemicals) and major geographies with country level break-up. According to AMA, the Global Construction Chemicals market is expected to see growth rate of 6.78%
BASF SE (Germany), Pidilite Industries Ltd. (India), FOSROC Chemicals India Pvt. Ltd. (India), Dow Chemical Co. (United States), RPM International, Inc. (United States), Arkema S.A. (France), Mapei S.p.A. (Italy), Bostik (United States), Sika Ag (Switzerland) and Parex (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Henkel AG & Company KGaA (Germany), Boysen Paints (Philippines), CORD CHEMICAL INC. (Philippines) and TWIN ACES INDUSTRIES (Philippines).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Construction Chemicals market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Construction Chemicals market by Type, Application and Region.
On the basis of geography, the market of Construction Chemicals has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Fueling Demand in Emerging nations
- Refining Quality of Construction
- Rising Urbanization
- Up surging Demand of Green-Efficient Buildings
- Already Established Construction in Developed Country
- Rising Use of Ready-To-Mix Concrete
- Need to Introduce New Product and Services
- Cost Variation of Row Material
Market Leaders and some development strategies
On 11th September 2018, RPM International Inc. has acquired Nudura Corporation, the leading manufacturer and distributor of insulated concrete forms (ICF) in North America. and On 5th January 2018, Pidilite Industries Ltd. has acquired 70% stake in equity shares of CIPY Polyurethanes Pvt. Ltd., a leading player of manufacture and sale of floor coatings using polyurethanes, epoxies, polyurea and polyaspartic polymers.
On 27th August 2018, Sika AG has announced that it inaugurated first production facility in Ethiopia which can offer high potential for growth in the construction materials segment.
Key Target AudienceConstruction Chemicals Manufacturers and Suppliers, Trade Associations, organizations related to Construction Chemicals, Government bodies such as regulating authorities and policy makers, Industry associations, Government and Private Research Centre and Others
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