DUBLIN, July 18, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Performance Chemicals Market 2016-2020" report to their offering.
The report forecasts the global performance chemicals market to grow at a CAGR of 5.36% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
A trend helping to boost market growth is the increased investment in construction and infrastructure development projects in APAC. Emerging economies have observed an increase in urbanization and per capita income levels, which are collectively contributing to the increase in the number of construction projects. The global urban population is anticipated to rise by more than 75% by 2050. There is a rising demand for infrastructure development, residential, and non-residential projects. The global construction market is expected to reach about $12 trillion by 2020. Therefore, with an increase in construction activities, the demand for construction chemicals is also increasing.
According to the report, a key growth driver is the rapid urbanization in the BRIC countries. The end markets for performance chemicals are closely linked to each other and often have an impact on adjoining markets. For example, construction, healthcare, electronics, and automotive markets have a direct effect on metals, energy, and polymers markets.
The customer preferences in these end markets have witnessed significant shifts, with growing demand and stress on sustainable products, processes, and practices. With rapidly urbanizing BRICS economies, the need to factor in sustainable protocols across business functions will drive performance chemicals growth.
Further, the report states that one challenge that could hamper market growth is regulatory issues and environmental concerns.
- Akzo Nobel
- Dow Chemical
- Evonik Industries
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type
PART 07: Market segmentation by geography
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
For more information visit http://www.researchandmarkets.com/research/mgkmck/global
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SOURCE Research and Markets