China Construction Chemical Market Outlook 2020 - Increased Investment In Infrastructure Development And Rise In Demand For Real Estate to Drive Future Growth
NEW YORK, March 27, 2017 /PRNewswire/ -- Executive Summary
The report titled "China Construction Chemical Market Outlook 2020 - Increased Investment In Infrastructure Development And Rise In Demand For Real Estate to Drive Future Growth" provides a comprehensive analysis of construction chemical market in China. The report focuses on overall market size of construction chemical in China, segmentation on the basis of type of construction chemical including concrete admixture (PCE Based, SNF Based and Ligno Based), waterproofing material, flooring compounds (Epoxy and Polyurethane based flooring), repair and rehabilitation and others. The report also covers list of major projects under construction, snapshot of market structure, future outlook, growth drivers, trends and developments, issues and challenges. The report concludes with market projection for future and analyst recommendation highlighting the major opportunities and cautions.
Construction chemical market in China has witnessed high growth in demand. Revenue from construction chemical in China was highest in 2015 accounting for ~% market share in global construction chemical market. Construction chemical market in China is highly fragmented with more than 4,000 companies in business. No company has significant market share in all type of construction chemical. Entire construction chemical market in China was estimated at USD ~ billion recording a CAGR of ~% in 2010-2015. Major problem associated with China construction chemical market was counterfeiting, decreasing government expenditure, rising labour cost and product quality. Many major projects are still under construction and are expected to drive the sale of construction chemical. Companies in infrastructure and real estate development are major consumers of construction chemical in China.
Market for construction chemical in China was estimated at USD ~ billion in 2015. Market is largely dominated by sale of concrete admixture with market share of ~% in 2015. Waterproofing, flooring and repair and rehabilitation constitute another ~% in 2015. Market for adhesive sealants grouts and others is very small. Eastern region is the major area for real estate investment and contributed to ~% of real estate sale in 2015. Cement consumption which is very good estimator for construction activity was reported at ~ million tons accounting for more than ~ of global demand. Trained applicator is the basic necessity for proper application of construction Chemical. Flooring market in China is small as majority of demand for flooring material mainly comes from renovation of existing flooring and from construction of new commercial space and manufacturing units. Influx of foreign diaspora in the last two years especially post 2013 has strained the government to invest in developing social infrastructure.
With rising demand for better infrastructure facilities, increased urbanization, rise of middle class and growth in services and manufacturing creating demand for commercial real estate are the major factors driving the sale of construction chemical in China. These factors are expected to have positive growth in future and it has been anticipated that the market will grow at a CAGR of ~% during 2016 to 2020 to reach at USD ~ Billion in 2020. Institutional sales will remain the key to industry and market development in future.
Key Topics Covered in the Report
- China Construction Chemical Market Introduction
- China Construction Chemical Market Size by Revenues, 2010-2015
- China Construction Chemical Market Segmentation by Type of Construction Chemical, by Concrete Admixture, by Water Proofing Chemicals, by Flooring Compounds, by Repair and Rehabilitation, 2015 - Recent Trends and Developments in China Construction Chemicals Market
- Competitive Benchmarking of Major Players in China Construction Chemical Market, 2015
- Competitive Landscape of Major Players in China Construction Chemicals Market
- China Construction Chemical Market Future Outlook And Projections
- Future Outlook by Segments, 2020
- Analyst Recommendation
Read the full report: http://www.reportlinker.com/p04749512-summary/view-report.html
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