Construction Chemicals Industry 2020 Global Market Size & Growth, Sales and Drivers Analysis Research Report 2023
The Global Construction Chemicals Market 2020-2023 Research Report provides idealistic and determined details of the Construction Chemicals Market, that assist you in promoting ideas with research-based factors. It offers in-depth data, refines variations of the worldwide Construction Chemicals market to help you in deciding the final strategy. The report features a thorough outlook of the market considering profitability, attractiveness, revenue, and CAGR.
The Construction Chemicals Market Research Report also focuses on leading industry Manufacturer with information such as company profiles, products, and services offered financial information throughout 2020 – 2023
- MAPEI INC.
- SIKA AG
- BASF SE
- W.R. GRACE & CO.
- RPM INTERNATIONAL INC
- THE 3M COMPANY
- ALBEMARLE CORPORATION
- ARKEMA SA
- ASHLAND INC.
- BOLTON GROUP
- CEMETAID (N.S.W.) PTY. LTD.
- CICO TECHNOLOGIES LTD.
- CONMIX LTD.
- FRANKLIN INTERNATIONAL
- HENKEL AG & COMPANY
- MUHU CONSTRUCTION MATERIALS CO. LTD.
- PIDILITE INDUSTRIES
- SELENA FM S.A
- STRUCTURAL WATERPROOFING AND THERMAX GLOBAL.
The Construction Chemicals Market Report offers an accurate financial assessment of each leading Competitor based on their business data that includes estimation of gross margin, Construction Chemicals Market sales volume, profitability, pricing erection, product value, cost structure, revenue, and growth rate.
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Summary of Construction Chemicals Market:
The global construction chemicals market has been estimated at USD 19,416.37 million in 2017. The market is expected to register a CAGR of 6.06% during the forecast period, 2020 to 2023. Residential sector dominated the global construction chemicals market with nearly 29% share globally, while industrial segment is estimated to register the fastest CAGR through the forecast period.
Growing Demand in Asia-Pacific
Construction sector in Asia-Pacific is the largest in the world. The increasing infrastructure construction activities are the major drivers for the Asia-Pacific construction industry. In addition, the entry of major construction players from the EU into the lucrative market in countries like China, has further fueled the industry’s growth. Owing to their business potential, countries, such as Indonesia, China, Malaysia, Singapore, and South Korea have become hosts to numerous national and international events. The move has accelerated the demand for hotels, shopping malls, high-rise buildings, arenas, and stadiums (both outdoor and indoor), thereby, boosting the construction industry in the respective regions. Concrete admixture dominates the global construction chemicals market by product type. The segment is expected to register the highest growth over the forecast period at a CAGR of 6.73%.
Concrete admixtures reduce the concrete construction cost, by modifying the properties of hardened concrete, ensuring better quality during mixing, transporting, placing, and curing, thus, overcoming the most emergencies during concrete operations. Asia-Pacific has the largest market for concrete admixture, owing to the massive growth in the construction markets of India, China, and various South-east Asian countries. Various incentives by the government of respective nations to promote the infrastructural sector, coupled with the blooming residential sector, owing to the rising middleclass population, have largely facilitated the growth of the construction market in Asia-Pacific over the years.
Asia-Pacific Dominates the Market
Asia-Pacific has the highest share in the market, accounting for nearly 46% of the global market share in 2017. The market for Asia-Pacific is driven majorly by the increasing construction activities coupled with supportive government regulations. Huge consumer base and cheaper manufacturing costs in the Asia-Pacific region are drawing-in high FDIs, with India and China being the major countries.
China is the Largest Consumer
The Chinese construction market is the largest in the world and is demonstrating a slower growth rate of 10.16% from 2015. The rising government investments in the transport infrastructure and water conversation sector is expected to maintain the growth rates of the construction sector in the country. In addition to all this, the approval of “Green building evaluation standard” by the government shall boost the green building market. Additionally, there have been investments of 823.8 billion Yuan and 801.5 billion Yuan in China’s rail infrastructure in 2015 & 2016, respectively.
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Reasons to Purchase this Report:
The Construction Chemicals Market 2020-2023 Analysis objectives of the report are:
- To analyze Construction Chemicals Market regarding growth trends, anticipation and also their participation in the entire sector.
- To equitably share in-depth info regarding the vital elements influencing the increase of industry (growth capacity, probability, drivers and industry-specific challenges and risks).
- To know the Construction Chemicals Market by distinguishing its many sub-segments.
- To examine and study the market size (volume & value) from the company, essential regions/countries, products and application, background information from 2013 – 2020 and also prediction to 2023.
- To profile the Leading players in the industry and analyze their growth plans.
- To venture the amount and value of sub-markets, depending on key regions.
- Primary worldwide Antifouling Paints and Coatings Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis, and development plans next coming years.
- To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
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The growth of this market worldwide is subjected to various factors; including consumer world-class Construction Chemicals Market of many Construction Chemicals Market products, inorganic company growth models, price volatility of raw materials, product innovation along with economic prospects in both producer and consumer countries.
In conclusion, Construction Chemicals Market report presents the descriptive analysis of the parent market based on elite players, present, past and futuristic data that will serve as a profitable guide for all the Construction Chemicals Market competitors.
Mr. Ajay More
Phone: +14242530807 / + 44 20 3239 8187
Email: [email protected]
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