Global Construction Chemical Materials Market

Construction Chemicals are chemically formulated using cement, concrete or other construction material at the time of construction to hold the construction material together. This is to fulfill its functional, aesthetic,performance, and design compatibilityof civil structures. Furthermore, the chemicals aid in minimizing the content of water and cement which is required during the construction process. These chemicals play a major role in developing the infrastructure of the nation. Also known as specialty chemical, it increases the construction life and protects it from environmental hazards.

Asia requires earthquake-resistant buildings and even places like North and Latin Americaswhich will further boost the market demand for stronger and climate resistant buildings and infrastructure.

Market Dynamics:

Drivers

--> Need for infrastructure in developing economies

--> Demand for public, commercial and residential infrastructure

--> Growth of urban population and expansion

--> Increasing disposable income - invest more in decent residential structures

--> Consumer awareness

--> Need for durable and appealing infrastructure - economical for contractors and interest holders

--> Investment by multinational companiesto develop new and effective construction chemical product and this accounts for about 3% of total sales

--> Technological Advances

Restraints

--> Mature infrastructure

--> Logistic issues

--> Low investments

--> Paucity of skilled labor

--> Less inclination towards implementing quality standard

--> Fluctuating raw material prices

--> Lack of awareness about the construction chemical benefits

--> High product costs

Opportunity

--> Increased the demand for eco-friendly construction materials

--> Acquisition, expansion, and new product launch to withstand the global competitive market

--> Waterborne protective coatings to provide benefits such as graffiti resistance and self-cleaning features

--> Use of ready-mix concrete (RMC) and various governmental policies for promoting the "Green revolution"

Market Segmentation:

Market segmented by Product Type:

--> Protective coatings - Paints, primers, lacquers, varnishes, and stains

--> Adhesives and sealants

--> Concrete Mixtures - chemical and mineral admixtures

--> Concrete Admixtures - Ligno-based, SNF (Sulfonated Naphthalene Formaldehyde) & SMF (Sulfonated Melamine

Formaldehyde)-based and PCE-based

--> Asphalt additives

--> Flame retardants

--> Waterproofing Chemicals and Other Construction Chemicals

Market segmented by Application:

--> Commercial

--> Industrial

--> Infrastructure

--> Residential

--> Repair structure

Geographic analysis:

The largest market for construction chemical products is Asia Pacific followed by Europe and North America. China, India, and Japan are the major suppliers. The increased investment rises in the energy industry and non-residential segments will be a major driving force owing to the incessant growth of urban population and improved infrastructure. For eg: Smart City Mission initiative launched by the Indian government in 2015 helped to catalyze the Indian construction industry.

North America- Increasing demand forhigh-value product offerings

The demand for higher value products that include protective coatings and concrete admixtures have witnessed a strong growth. This is because the construction industry needs to adhere to strict standards, environmental protocols and codes governing construction activities.

Latin America - Acquisition of local players

Acquisition of companies by manufacturersto address the demand for construction chemicals from theminingand infrastructure sector in the region will increase in the future. Such acquisitions help to gain in retrieving established customer base and strengthen the construction chemical portfolio.

Western Europe- Guidelines driving innovation

Stringent environmental regulations imposed in major markets such as North America and Europe limits the VOC content in the coating products. This forces the coating manufacturers to go green and adopt sustainability.

Key Players:

Some of the major players in the market include:

--> BASF SE (Germany)

--> Sika A.G. (Switzerland)

--> Fosroc International (U.K.)

--> The Dow Chemical Company (U.S.)

--> Arkema S.A. (France)

--> Ashland Inc. (U.S.)

--> MapeiS.p.An (Italy)

--> Pidilite Industries (India)

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage