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Global Construction Chemical Market Outlook To 2020: Ken Research

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Construction of new infrastructure in developing economies, repair and rehabilitation and upgradation of existing infrastructure in developed economies were the key growth drivers for demand of construction chemical. – PowerPoint PPT presentation

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Title: Global Construction Chemical Market Outlook To 2020: Ken Research


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Global Construction Chemical Market Outlook To
220 Ken Research
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What is the Potential of Global Construction
chemical Market? Construction chemical are those
chemical compounds which are used in construction
activities to provide added features and to meet
latest technological demand for modern design and
requirements. They are used primarily for
residential, commercial building, and
infrastructure construction. Globally
construction chemical generated revenue of USD
billion in 2015 registering a CAGR of in
2010-2015. Demand for construction chemical was
mainly driven by increased investment in
developing infrastructure and real estate for
rising urban population. Market is largely driven
by institutional sales which consumes majority of
construction chemical produced.
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Construction of new infrastructure in developing
economies, repair and rehabilitation and
upgradation of existing infrastructure in
developed economies were the key growth drivers
for demand of construction chemical. Based on our
estimates market is expected to generate revenue
of USD billion in 2020 growing at CAGR of in
2016-2020. Increased demand from emerging
economies and reviving western economies will
drive the market in future. Companies will
increase their global presence to gain larger
market share in emerging economies by developing
market which is either underdeveloped or still in
its infancy. Middle East, Africa, South East,
South Asia, Poland and Brazil are emerging
markets. Which Product Category has Dominated
Global Construction Chemical market? Concrete
admixture is the most consumed construction
chemical on the basis of revenue in USD. In 2015
it accounted for of entire construction
chemical market. Increased focus on precast
technology. Increased use of Ready Mix Concrete
(RMC) is other reason which has enlarged the
usage of concrete admixture in the global market.
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It is mandatory to use admixture with RMC to
retain fluidity and desired characteristic of
concrete. BASF, Sika, W.R Grace, Mapei are some
important concrete admixture compound in the
world. is leading producer in concrete
admixture with an estimated market share of .
PCE based concrete admixtures are third
generation admixtures which have recently
developed as a new admixture category. Their
usage is found where high water reduction
capability is required to provide ultimate
strength to concrete structure. Water proofing
compounds were most used construction chemical
compound in the global construction chemical
market. In 2015 it accounted for of revenue
generated by sale of construction chemicals.
Rising demand from end user segment such as
housing, commercial construction, bridges,
tunnels, dams and other infrastructure projects
were responsible for the growth of water proofing
compounds. Flooring compounds of epoxy and
polyurethane type together constitute of
market in terms of revenue in USD. Market was
estimated at USD billion in 2015.
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Market for flooring compounds is governed by
demand from industrial segments especially
airports, offices, retail spaces, manufacturing
floors, hospitals, pharmaceutical companies, food
and beverages industry, chemical industry,
education and hospital buildings, car parking and
others. Repair and rehabilitation market was
majorly dominated by demand from developed
economies and account for revenue generated
from sale of construction chemical. Revenue
generation from this segment was estimated at USD
billion. Protective coating compounds have
market share of in 2015. Advantage to provide
stability and structural integrity has made
grouting an essential component of construction
chemical market, generating revenue share of .
Market for adhesives and resins was estimated at
USD billion in 2015. Regional Demand and Their
Contribution to the Global Construction chemical
Market Asia Pacific was the largest consumer of
construction chemicals in the world. Countries in
Asia Pacific region together consume more than
of total construction chemical produced in the
world. Major countries include China, Japan,
Indonesia, South Korea, and India in terms of
consumption of construction chemicals.
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These five countries together consume more than
construction chemical demand in the region.
Market in China and Japan was dominated by
domestic companies. Market in other region was
dominated by both domestic and international
players like Sika, BASF, Fosroc, Mapei and
others. Regional players also play a very
dominant role in all the regions of Asia
Pacific. Americas were the largest region in
terms of consumption of construction chemical in
the world. Majority of the construction chemical
was consumed by which is also the largest
economy in the region. Demand in other countries
like Brazil, Mexico and other emerging economies
was on account of increased investment in
developing public infrastructure. Major companies
of the region include RPM Inc International,
W.R.Grace, Ashland Inc and others. Demand for
construction chemical in Europe was mainly driven
by construction of new infrastructure in emerging
East European economies and repair, refurbishment
and new construction in Western Europe.
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  • What Have been the Major Trend in Indian Market?
  • Construction sector in India is a major growth
    driver for construction chemical market in India
    with majority of the demand coming from large
    housing project, infrastructure development and
    setting up of new manufacturing units.
    Construction chemicals accounts for nearly of
    the project cost but the benefits realized are
    far more than the increase in the cost of the
    project. Cement consumption, growing investment
    in infrastructure and real estate, it is expected
    that the usage of construction chemical will
    increase. With global construction and
    manufacturing players entering the market, the
    awareness and the demand for internationally
    proven products and solutions are set to
    increase.
  • Anticipated Future Outlook For Indian
    Construction Chemical Market
  • The market for construction chemicals is likely
    to grow at a CAGR of during the period
    2016-2020 with expected revenues been posted at
    USD million by 2020 Concrete admixture will
    continue to dominate the market in the coming
    years due to continuous surge in cement
    consumption.

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Market Share and Competition in Global
Construction Chemical Market Market for
construction chemical is dominated by Sika with
Market share of in 2015. BASF, Mapei, RPM
International Inc, WR Grace were other major
companies competing to the gain the larger market
share in global construction chemical. Most of
the major countries have domestic companies who
enjoy a good market share. Different companies
dominate the market with different products for
example BASF is leader in concrete admixture
market with share of in 2015. Companies are
trying to maximize their share by consolidating
their business segments by merger acquisition and
expansion. Different players are dominant in
different regions. Domestic companies lead the
market in developed economies and whereas foreign
firms have major share in emerging economies.
Market competition in China is totally different
and is very fragmented market with no major
domestic or international players.
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  • Anticipated Future Outlook For Global
    Construction Chemical Market
  • Based on our estimates market is expected to
    generate revenue of USD billion in 2020 growing
    at CAGR of in 2016-2020. Increased demand from
    emerging economies and reviving western economies
    will drive the market in future. Market may be
    negatively impacted by reduced government
    expenditure in China which is the largest market
    for construction chemicals. Companies will
    increase their global presence to gain larger
    market share in emerging economies by developing
    market which is either underdeveloped or still in
    its infancy. Rising Consumer awareness about the
    usage of construction chemicals and focus on
    retail sales by the companies can pose bright
    opportunity to the demand for construction
    chemicals globally.
  • Key Factors Considered in the Report
  • Comprehensive analysis of Global Construction
    Chemicals Market and its segments
  • Listed major players and their positioning in the
    market

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  • Identified major industry developments in last
    few years and assessed the future growth of the
    industry
  • Construction Chemicals Market of Global Market
    with their Products
  • For more information about the Publication,
    refer to below link
  • https//www.kenresearch.com/manufacturing-and-cons
    truction/construction-materials/global-constructio
    n-chemical-market-report/55250-97.html
  • Contact
  • Ken Research Ankur Gupta, Head Marketing
    Communicationsquery_at_kenresearch.com
  • 91-124-4230204

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