New Study Reports “Construction Chemical Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.
This report provides in depth study of “Construction Chemical Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Construction Chemical Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
The Global Construction Chemical market generated revenue of US$ 39.0 billion in 2018 and is expected to grow at a CAGR of 7.10% during the forecast period 2019-2025. Construction chemicals are additives that are used with concrete, cement, or other construction materials to provide additional durability and workability to infra structures. The type of chemical to be used depends on the size and nature of the project. Construction chemicals are used to obtain certain desired characteristics in concrete such as high workability, high compressive strength, and high performance and durability to meet the requirement of complexity of modern structures. Hardeners are used with structures to protect them against moisture and making them dustproof by bonding the crystalline structure of cement. Construction chemicals are the chemical compounds used to modify the properties of the construction materials. These chemicals reduce the amount of water used in any construction project. They play a crucial role in improving the overall performance of a building and non-building structures. These chemicals can be categorized into different product segments including concrete admixtures, construction adhesives, construction sealants, protective coatings, and waterproofing chemicals.
The global constructing industry is growing in full swing. As per a report named Global Construction 2030 published by PwC, it has been forecasted that the volume of construction output will grow by 85% to $15.5 trillion worldwide by 2030, with three countries, China, US and India, leading the way and accounting for 57% of all global growth. The global construction growth has been predicted to be of 3.9% per annum to 2030, outpacing that of global GDP by over one percentage point, driven by developed countries recovering from economic instability and emerging countries continuing to industrialize. Rising industrialization paired with urbanization would increasing the overall demand for residential and non-residential building and infrastructure. This would further driver the demand for construction chemicals at global scale, majorly driven by developing economies such as China and India.
Drivers and Constraints
The fundamental dynamics that are explored in the report hold substantial influence over the Construction Chemicalmarket. The report further studies on the value, volume trends, and the pricing history of the market. In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.
This report also analyzes the impact of Coronavirus COVID-19 on the Construction Chemical industry.
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The report has profiled some of the Important players prevalent in the global like – RPM International, Arkema, Ashland, BASF, DuPont, Fosroc, Sika, CICO, Bostik and Mapei and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Construction Chemical.
Market Segmentation based On Type, Application and Region:
The global Construction Chemical is analyzed for different segments to arrive at an insightful analysis. Such segmentation has been done based on type, application, and region.
Based on Type, the global Construction Chemical Market is segmented into Concrete Admixtures, Water Proofing & Roofing, Repair, Flooring, Sealants & Adhesives and other
Based on Application, the Construction Chemical Market is segmented into Residential, Industrial/Commercial, Infrastructure, Repair Structures, and Others.
Based on Detailed Regional Analysis, the regional segmentation has been carried out for regions of U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America. The report on WGR includes an in-depth study of the Construction Chemical in each regional segment mentioned above.
Construction Chemical Market Manufacturers
Construction Chemical Market Distributors/Traders/Wholesalers
Construction Chemical Market Subcomponent Manufacturers
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Major Key Points from Table of Content:
Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.