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Flooring Compounds in Construction Chemical Market to Increase in Future : Ken Research

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Sikka, BASF, Mapei, RPM International Inc, WR Grace were major companies competing to the gain the larger market share in global construction chemical. – PowerPoint PPT presentation

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Title: Flooring Compounds in Construction Chemical Market to Increase in Future : Ken Research


1
GLobal Demand for Concrete Admixture,
Waterproofing Chemicals and Flooring Compounds in
Construction Chemical Market to Increase in
Future Ken Research
2
Increased demand of vehicles has created
additional demand for parking space. Most parking
space floors were artificially developed using
polyurethane flooring. Private vehicles in China
registered CAGR of 20.1 in 2010-2014, which
clearly advocates the necessity to make more
parking spaces in China consequently increasing
the demand for polyurethane based flooring.
3
Market for sealants, adhesives will rise however
demand for grouting may remain stagnant or may
register slower growth due to decline in
manufacturing sector and infrastructure
development. However any progress in precast
concrete construction development will boost the
market unexpectedly. Demand for resin and
protective coating will remain almost stagnant.
Akzonobel, RPM Inc, BASF, PPG industries, Valspar
are some major coating companies in the world.
With rising demand for better quality finish and
to give durability to the construction, the
demand for sealants has gained importance. They
are also important from cost saving purpose as
they develop base for more expensive exteriors.
Protective coatings are used to prevent the
concrete and iron structures from damages and are
applied before the final paint is done. These are
also used to repair cracks in plaster and to
avoid cracking of paints. In steel structures
they are used in corrosion protection.
4
Demand for resins in construction chemical was
mainly driven to provide strength and durability
to the construction chemicals. They are used in
combination with other chemicals to provide
additional strength to construction chemical. Dow
chemical, BASF, Dupont and Reliance are some of
the major resin manufacturers in the world. BASF
continued its dominance in global concrete
admixture business which is major source of its
revenue in from construction chemical in 2015.
They add value for customer in concrete
manufacturing, cement and underground
construction industries. MUHU is a leading
manufacturer of concrete admixtures. The company
produces over 70 products, including high range
water reducers, set accelerators, set retarders,
anti-freezing products, coatings, adhesives,
water-proofing materials etc.
5
US dominated the market in terms of revenue
generation in Americas region. High investment in
infrastructure, residential and commercial space
development which is necessary to support high
economic activity and GDP drives the demand.
Construction activity in Brazil was significant
in 2015 as preparation for Rio Olympics were in
full swing but overall economy registered a
downturn which is expected to drive the demand
down in the coming years. Companies focus to
acquire existing family owned business that
specializes in particular product or have greater
market share in region. This gives easy access to
well establish sales network to acquiring firms
who can promote other related products as most of
small family owned businesses specialize in
individual products whereas global firms have
range of products to offer.
6
For more information on the market research
report please refer to the below
link https//www.kenresearch.com/manufacturing-a
nd-construction/construction-materials/global-cons
truction-chemical-market-report/55250-97.html Co
ntact Ken Research Ankur Gupta, Head Marketing
Communications query_at_kenresearch.com 91-124-423
0204
7
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