Global Construction Chemicals Market - Segmented by Product, Application and Geography (2015-2020) - Reportlinker Review
NEW YORK, Oct. 7, 2015 /PRNewswire/ -- The global market for construction chemicals is expected to register a healthy CAGR of about 8% between 2014 and 2020.
The global construction industry requires a lot of research that goes into ascertaining and assuring the quality of products that are being used, in order to offer improved properties to the structures. Designers of buildings and other projects gain from the flexibility provided through chemicals used in construction. The chemicals used are expected to have properties such as durability, compressive rigidity, surface finish and also, the capability of enduring hostile climatic and working environments. Additionally, they are anticipated to safeguard themselves from the natural calamities as well as from the instances of catching fire. Further, they must have a general aesthetic appeal. The demand for construction chemicals has a direct correlation with the levelling of new structures and the renovations of older ones. Asia-Pacific and Middle East have the largest trend of renovations and constructions. This has been evident through the scale of infrastructure and, the industrial and commercial activity in these regions. Requirements of adequate housing for the growing population in the developing countries would fuel the demand for residential construction, which in turn would help the other sectors like development of infrastructure, industries and commercial spaces to go up.
Asia-Pacific constitutes the largest and also the fastest growing market for construction chemicals. In terms of product, concrete & cement admixtures form the largest segment. The non-residential construction such as commercial, industrial and the infrastructure segments take the lead in terms of application areas for construction chemicals. While demand for concrete & cement admixtures is likely to maintain the fastest growth, expansion in terms of application areas is expected to vary on a region-to-region basis. There is a stagnation of construction in regions of North America and Europe and this would be the cause of minor imbalances in the anticipated market revenue, although the same is expected to be offset by the growth in other regions.
The global construction materials market can be segmented based on product (Adhesives& sealants, concrete and cement admixtures, flame retardants, protective coating, waterproofing materials and other construction materials), by application (Commercial construction, industrial construction, infrastructure construction and residential construction material) and geography (North America, Europe, Asia-Pacific and the rest of the world). The key players are 3M company, Aldo Co. , Albemarle Corporation, BASF SE, Bostik Inc. Henkel KGaA.
Drivers:
There is an increasing demand for infrastructure as well as for the residential and commercial construction globally. There is also a growing demand for reliable and improved materials.
Restraints:
The construction industry is becoming stagnant in countries belonging to the North American continent.
What the report offers?
1) Market Definition for the specified topic along with the identification of key drivers and restraints for the market.
2) Market analysis of the Global Construction Chemicals Market with region specific assessments and competitive analysis on global and regional scale.
3) Identification of those factors which are instrumental in changing the market scenarios along with the prospective opportunities and also, the identification of key companies which can influence the market on the global and regional scale.
4) Extensively researched competitive landscape sections with profiles of major companies along with their strategic initiatives and market shares.
5) Identification and analysis of the macro and micro factors that affect the Global construction chemicals market on both the global and the regional front.
6) A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Read the full report: http://www.reportlinker.com/p03311757-summary/view-report.html
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