Market Dynamics
Factors such as the increasing demand for concrete admixtures will be crucial in driving the growth of the market. However, the volatility in raw material prices will restrict the market growth during the forecast period.
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Company Profiles
The construction chemicals market in Southeast Asia report includes information on the product launches, sustainability, and prospects of leading vendors including ACC Ltd., Arkema SA, BASF SE, Croda International Plc, Dow Inc., Evonik Industries AG, Fosroc International Ltd., Pidilite Industries Ltd., RPM International Inc., and Sika AG. The key offerings of some of these vendors are listed below:
- ACC Ltd. - The company offers a wide range of construction chemicals such as ACC leak block, HPC long life, and others.
- Arkema SA - The company offers adhesives & sealants as construction chemicals.
- BASF SE - The company offers construction chemicals such as polyurethanes & engineering plastics, styrenic foams, dispersions, and additives.
- Croda International Plc - The company offers chemicals raw materials for manufacturing of other chemical derivatives.
- Dow Inc. - The company offers construction chemicals such as adhesive and sealant, asphalt modification, and cement grinding aids.
Competitive Analysis
The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Market Segmentation
- By application, the market is classified into non-residential and residential segments. The non-residential segment will have significant market share growth during the forecast period. Rising globalization and growth in economic activities have resulted in the opening of numerous corporate offices, leading to an increase in commercial office spaces across this region. Thus, an increase in the construction of non-residential spaces is expected to drive the demand for construction chemicals in Southeast Asia.
- By geography, the market is classified into Indonesia, Malaysia, Singapore, Thailand, and Rest of South-East Asia. Rest of South-East Asia will have the largest share of the market. The Rest of Southeast Asia is expected to account for 39% of the market's growth during the forecast period. Market growth in the Rest of Southeast Asia will be faster than the growth of the market in Malaysia and Singapore. The favorable government policies, availability of low-cost resources and a skilled workforce, and low operating and labor costs in the country will drive the construction chemicals market in Indonesia during the forecast period.
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Construction Chemicals Market In Southeast Asia Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.17% |
Market growth 2022-2026 |
USD 1.39 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.56 |
Regional analysis |
Indonesia, Malaysia, Singapore, Thailand, and Rest of South-East Asia |
Performing market contribution |
Rest of South-East Asia at 39% |
Key consumer countries |
Indonesia, Malaysia, Singapore, Thailand, and Rest of South-East Asia |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
ACC Ltd., Arkema SA, BASF SE, Croda International Plc, Dow Inc., Evonik Industries AG, Fosroc International Ltd., Pidilite Industries Ltd., RPM International Inc., and Sika AG |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1. Executive Summary
1.1 Market Overview
Exhibit 01: Key Finding 1
Exhibit 02: Key finding 2
Exhibit 03: Key finding 3
Exhibit 04: Key finding 5
Exhibit 05: Key finding 6
Exhibit 06: Key Finding 7
2. Market Landscape
2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market characteristics
2.2 Value chain analysis
Exhibit 09: Value chain analysis: Automotive components and accessories
2.2.1 Inputs
2.2.2 Inbound logistics
2.2.3 Operations
2.2.4 Outbound logistics
2.2.5 Marketing and sales
2.2.6 Support activities
2.2.7 Innovations
3. Market Sizing
3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021 - 2026
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 12: Global - Market size and forecast 2021 - 2026 ($ million)
Exhibit 13: Global market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 14: Five forces analysis 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 15: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 16: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 17: Threat of new entrants
4.5 Threat of substitutes
Exhibit 18: Threat of substitutes
4.6 Threat of rivalry
Exhibit 19: Threat of rivalry
4.7 Market condition
Exhibit 20: Market condition - Five forces 2021
5. Market Segmentation by Application
5.1 Market segments
The segments covered in this chapter are:
- Non-residential
- Residential
Exhibit 21: Application - Market share 2021-2026 (%)
Exhibit 22: Application - Market share 2021-2026 (%)
5.2 Comparison by Application
Exhibit 23: Comparison by Application
Exhibit 24: Comparison by Application
5.3 Non-residential - Market size and forecast 2021-2026
Exhibit 25: Non-residential - Market size and forecast 2021-2026 ($ million)
Exhibit 26: Non-residential - Year-over-year growth 2021-2026 (%)
5.4 Residential - Market size and forecast 2021-2026
Exhibit 27: Residential - Market size and forecast 2021-2026 ($ million)
Exhibit 28: Residential - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Application
Exhibit 29: Market opportunity by Application
6. Customer landscape
Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
6.1 Overview
Exhibit 30: Customer landscape
7. Geographic Landscape
7.1 Geographic segmentation
The regions covered in the report are:
- Indonesia
- Malaysia
- Singapore
- Thailand
- Rest of South-East Asia
7.2 Geographic comparison
7.3 Indonesia - Market size and forecast 2021-2026
Exhibit 31: Indonesia - Market size and forecast 2021-2026 ($ million)
Exhibit 32: Indonesia - Year-over-year growth 2021-2026 (%)
7.4 Malaysia - Market size and forecast 2021-2026
Exhibit 33: Malaysia - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Malaysia - Year-over-year growth 2021-2026 (%)
7.5 Singapore - Market size and forecast 2021-2026
Exhibit 35: Singapore - Market size and forecast 2021-2026 ($ million)
Exhibit 36: Singapore - Year-over-year growth 2021-2026 (%)
7.6 Thailand - Market size and forecast 2021-2026
Exhibit 37: Thailand - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Thailand - Year-over-year growth 2021-2026 (%)
7.7 Rest of South-East Asia - Market size and forecast 2021-2026
Exhibit 39: Rest of South-East Asia - Market size and forecast 2021-2026 ($ million)
Exhibit 40: Rest of South-East Asia - Year-over-year growth 2021-2026 (%)
7.8 Key leading countries
Exhibit 41: Key leading countries
7.9 Market opportunity by geography
Exhibit 42: Market opportunity by geography ($ million)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Increasing demand for concrete admixtures
8.1.2 Rise in residential and commercial construction activities
8.1.3 Increasing environmental regulations
8.2 Market challenges
8.2.1 Volatility in raw material prices
8.2.2 Low availability of manpower and rising labor costs
8.2.3 Implications of strict regulations on building materials manufacturing
Exhibit 43: Impact of drivers and challenges
8.3 Market trends
8.3.1 Rising support for eco-friendly and energy-efficient products
8.3.2 Increasing essential safety protocols in industries and buildings
8.3.3 Emerging application areas
9. Vendor Landscape
9.1 Overview
Exhibit 44: Vendor landscape
9.2 Landscape disruption
Exhibit 45: Landscape disruption
Exhibit 46: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 47: Vendors covered
10.2 Market positioning of vendors
Exhibit 48: Market positioning of vendors
10.3 ACC Ltd.
Exhibit 49: ACC Ltd. - Overview
Exhibit 50: ACC Ltd. - Business segments
Exhibit 51: ACC Ltd. - Key offerings
Exhibit 52: ACC Ltd. - Segment focus
10.4 Arkema SA
Exhibit 53: Arkema SA - Overview
Exhibit 54: Arkema SA - Business segments
Exhibit 55: Arkema SA - Key offerings
Exhibit 56: Arkema SA - Segment focus
10.5 BASF SE
Exhibit 57: BASF SE - Overview
Exhibit 58: BASF SE - Business segments
Exhibit 59: BASF SE - Key offerings
Exhibit 60: BASF SE - Segment focus
10.6 Croda International Plc
Exhibit 61: Croda International Plc - Overview
Exhibit 62: Croda International Plc - Business segments
Exhibit 63: Croda International Plc - Key offerings
Exhibit 64: Croda International Plc - Segment focus
10.7 Dow Inc.
Exhibit 65: Dow Inc. - Overview
Exhibit 66: Dow Inc. - Business segments
Exhibit 67: Dow Inc. - Key offerings
Exhibit 68: Dow Inc. - Segment focus
10.8 Evonik Industries AG
Exhibit 69: Evonik Industries AG - Overview
Exhibit 70: Evonik Industries AG - Business segments
Exhibit 71: Evonik Industries AG - Key offerings
Exhibit 72: Evonik Industries AG - Segment focus
10.9 Fosroc International Ltd.
Exhibit 73: Fosroc International Ltd. - Overview
Exhibit 74: Fosroc International Ltd. - Product and service
Exhibit 75: Fosroc International Ltd. - Key offerings
10.10 Pidilite Industries Ltd.
Exhibit 76: Pidilite Industries Ltd. - Overview
Exhibit 77: Pidilite Industries Ltd. - Business segments
Exhibit 78: Pidilite Industries Ltd. - Key offerings
Exhibit 79: Pidilite Industries Ltd. - Segment focus
10.11 RPM International Inc.
Exhibit 80: RPM International Inc. - Overview
Exhibit 81: RPM International Inc. - Business segments
Exhibit 82: RPM International Inc. - Key offerings
Exhibit 83: RPM International Inc. - Segment focus
10.12 Sika AG
Exhibit 84: Sika AG - Overview
Exhibit 85: Sika AG - Product and service
Exhibit 85: Sika AG - Product and service
Exhibit 86: Sika AG - Key offerings
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 87: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 88: Research Methodology
Exhibit 89: Validation techniques employed for market sizing
Exhibit 90: Information sources
11.4 List of abbreviations
Exhibit 91: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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