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Global Demand for Concrete Admixture, Waterproofing Chemicals and Flooring Compounds in Construction Chemical Market to Increase in Future : Ken Research

Posted on 10 November 2016 by KenResearch Manufacturing And Construction ,

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.

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.

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.

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.

For more information on the market research report please refer to the below link:

https://www.kenresearch.com/manufacturing-and-construction/construction-materials/global-construction-chemical-market-report/55250-97.html

Contact:
Ken Research 
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

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Global Construction Chemical Market Outlook To 2020: Ken Research

Posted on 09 November 2016 by KenResearch Manufacturing And Construction ,

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.

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. 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. 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. 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. 

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.

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.

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
  • 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-construction/construction-materials/global-construction-chemical-market-report/55250-97.html

Contact:

Ken Research 
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com

+91-124-4230204

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Market Expansion to emerging countries and Economic recovery in Developed countries will drive the Global Construction Chemical Market: Ken Research

Posted on 09 November 2016 by KenResearch Manufacturing And Construction ,

The report titled Global Construction Chemical Market Outlook to Year 2020 – Concrete admixtures & Repair and Rehabilitation Chemicals to Drive Market Growth” provides brief overview on the Global Construction Chemical Market and helps readers to identify the ongoing trends in the market and anticipated growth in future depending upon changing market dynamics in coming years. The report will help existing distributors, manufacturers along with end users in construction and real estate sector to align their market centric strategies according to ongoing and expected trends in the future.

As emerging countries start investing in infrastructure development, it will create market opportunity for demand of construction chemicals in these countries. Economic recovery in developed world will improve consumer confidence and business development leading to demand for commercial and residential real estate which are major consumer of construction chemical.

Over the years, governments across the globe have invested in development of some of the largest infrastructure projects in their respective countries. Huge rise in urban population has led to development of high rise real estate development to accommodate people in restricted city limits. Creating such residential and commercial spaces require that buildings stand the harsh environmental conditions and are well protected from the problems arising due to manmade activities. In developing countries demand is mainly driven by basic construction chemicals like concrete admixture and water proofing. In developed countries there is additional demand for products that can add value as well as improve the aesthetics and efficiency. 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.

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. 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 and will continue to propel the market in the outlook period. Increased consumer awareness, concern for environment protection, improved packaging, rising cement consumption are all expected to boost the demand for construction chemical.

Concrete admixture will continue to dominate the global construction chemical market. Demand for construction chemical is expected to grow as more proportion of concrete will be consumed in construction related to infrastructure and real estate. Growing awareness among contractors and building professionals about benefits of adding concrete admixture will enlarge the requirement of concrete admixture. Changing aggregate components which are the major ingredients in concrete will also increase the demand for concrete admixture so as to achieve the requisite strength of concrete structure.

For more information about the Publication, refer to below link:

https://www.kenresearch.com/manufacturing-and-construction/construction-materials/global-construction-chemical-market-report/55250-97.html

Contact:

Ken Research

Ankur Gupta, Head Marketing & Communications

query@kenresearch.com

+91-124-4230204

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Increased Investment in Infrastructure Development and Real Estate Activities will be Primary Growth Driver for Global Construction Chemical Demand in Near Future: Ken Research

Posted on 07 November 2016 by KenResearch Manufacturing And Construction ,

·         Share of flooring, repair and rehabilitation, adhesive, sealants, and grouts  is expected to increase in transition economies of South Korea, Australia China and others in future as repair and maintenance of newly created infrastructure ages and new methods of construction are adopted.

·         Customer willingness to pay premium for quality products will help in market consolidation and will attract leading global players in emerging economies where market is dominated by local players who generally manufacture traditional construction chemicals.

·         Government keen interest to sustain the economic growth will lead to investment in construction sector. This will create growth opportunities for construction chemical market in the respective countries.

 

Ken Research announced its latest publication on “Global Construction Chemical Market Outlook to 2020 - Concrete Admixtures and Repair and Rehabilitation Chemicals to Drive Market Growthprovides a comprehensive analysis of construction chemical market across the world. The report includes the market size by revenue, segmentation for different regions (Asia Pacific, Americas, Middle East and Africa and Europe) by revenue, Segmentation for major countries in region by revenue, segmentation by type of construction chemical (Concrete admixture, waterproofing, flooring, repair and rehabilitation and others), sub segmentation by chemistry of construction chemical. The report also covers global industry trends, developments, challenges and restraints. The report clearly highlights the major drivers and challenges in construction chemical market across different geographies. The report also highlights the company profile of major construction chemical companies including the product launch, recent developments, business strategies, product portfolio and others. The report also covers the detailed country profile of India, China and Germany construction chemical market. The report concludes with future projections of overall global construction chemical market and analyst recommendations.

In 2015, market for construction chemical was dominated by both foreign and domestic players in emerging economies. In developed economies, domestic companies lead the market. Most of the major companies in construction chemical are from Western Europe or the US. Sales and distribution of construction chemical was mainly from direct project based sale. Sale in retail sector was done through building merchants. Demand for construction chemical was highest from Asia Pacific region. Massive construction investment plans envisaged by governments was major growth driver for demand of construction in the period.

With increasing concern for global environment, there was an excessive pressure on companies to comply with sustainable environment manufacturing capabilities. Products were also required to comply with environmental regulation as well as with health standards to ensure that hazardous content of the chemical is reduced to minimum. Sika launched I-cure technology to provide environment friendly adhesives and sealants. Most companies go beyond minimum compliance to improve their goodwill and also show their commitment to protect the environment for the benefit of all. Huge investments were made in R&D to improve the products both from quality and environment sustainability point of view. R&D investment by major construction chemicals was reported at 3.0%-5.0% of their annual turnover. It also gives many developed countries an opportunity to ban import of construction chemical from countries which try to become cost competitive by showing little or no concern for environment thus protecting domestic manufacturing units.

Companies operating in the construction chemical space always attempt to locally purchase the raw material which are required for the manufacturing of final products. However, constraints on availability of these raw materials economically in area of production have been a major deterrent for their growth. Import of these material expose the company to currency fluctuation as well as adds to transportation cost and time. BASF uses Verbund principle where wastage and output of one industry act as raw material for other industry. It helps to prevent and reduce wastage as well as to cut on emissions.

Growth in demand for construction chemical will be supported by government investment in developing infrastructure like bridges, metros, airports and other primary infrastructure. Real estate development especially in cities will further increase the growth in demand for construction chemical. Increase in demand for rental and energy efficient real estate will further augment the demand of certain specific construction chemical which is still under development in many emerging and transition market.

For more information about the publication, refer to below Link:

https://www.kenresearch.com/manufacturing-and-construction/construction-materials/global-construction-chemical-market-report/55250-97.html

 

Key Topics Covered in the Report

1.      Global construction chemical market introduction.

2.      Global construction chemical market by size by revenue.

3.      Global construction chemical market segmentation by major regions (Asia Pacific, Americas, Europe, Middle East and Africa).

4.      Global Construction Chemical market segmentation by product type.

5.      Global construction chemical market sub segmentation by chemistry.

6.      Recent trends in China construction chemical market.

7.      Growth drivers in china construction chemical market.

8.      Issues and challenges in China construction chemical market.

9.      Competitive landscape of major companies at global level.

10.  Global construction Chemical future outlook and projection.

11.  Analyst recommendation.

12.  Country profile of India construction chemical Industry.

13.  Country profile of China construction chemical Industry.

14.  Country profile of Germany construction chemical Industry.

 

Products Covered in the Report

Concrete Admixture

Water Proofing Chemicals

Flooring Compounds

Repair and Rehabilitation Chemicals

Sealants

Protective coatings

Resins

Grouts

Adhesives

 

Key Market Players in the Report

SIKA

BASF

 RPM International Inc

 MAPEI

 Ashland Inc

W R Grace

Pidilite

MC Bauchemie

CICO India

FOSROC

 

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Indonesia Construction Equipment Industry Outlook to 2017 - Hydraulic Excavators and Earthmoving Equipments Gaining Traction

Global Offshore Rig Construction Market Outlook to 2018 - Rising Energy Demand & Deepwater Drilling Activities to Intensify the Market

 

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

 

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