Infrastructure development is one of the major goals listed in the sustainable development goals (SDGs) by the United Nations (UN). This initiative led to a 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.
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Construction Chemicals Market: Trends and Growth Drivers
Augmented Application of Paints and Coatings –
Construction and repair work falls under the category of the construction industry that also includes the 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 cement, 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 the near future. Moreover, the hydro-ceramics that reduce the 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.
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a) Textile Chemicals Market
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What can you expect from the report?
The Construction Chemicals Market is Prepared with the Main Agenda to Cover the following 20 points:
1. Construction Chemicals Market Size by Product Categories & Application
2. Construction Chemicals Market trends & Relevant Market Data
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End-user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Construction Chemicals Market Demand Analysis (Revenue & Volume)
12. Country-level Analysis
13. Competitor Analysis
14. Construction Chemicals Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Construction Chemicals Market Strategic Analysis
18. Construction Chemicals Market Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Construction Chemicals Market Revenue and Volume Analysis
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5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end-use segment.
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