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Published Date: 2014-09-09Number of Pages: 80

Construction Chemicals Market (Asphalt Additives, Concrete Admixtures, Adhesives, Sealants and Protective Coatings) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Global Construction Chemicals Market: Snapshot

The global construction chemicals market has been gaining a steady momentum in recent years due to the growing construction and building activity. Construction chemicals or specialty chemicals are used for giving the buildings an additional layer of protection from changing climatic conditions and weathering. The demand for construction chemicals has been high in recent years as they impart aesthetic as well as functional value to the design of the structure. The various products available in the global construction chemicals market are adhesives, sealants, concrete admixtures, asphalt additives, and protective coatings. In the light of these factors, the global construction chemicals market is projected to reach a valuation of US$37.68 bn by the end of 2020. 

BRICS Emerge as Major Consumers of Construction Chemicals with Soaring Investments in Infrastructure

The booming construction industry in the BRICS countries is estimated to be the key growth driver for the global construction chemicals market. The growing number of government initiatives to improve infrastructure and housing has propelled the uptake of construction chemicals. Usage of various types of construction materials has enabled designers and builders to achieve sustainable solutions that match higher standards with minimum hazards to the environment.

The growing consciousness amongst consumers about green living has also upped the demand for various types of construction chemicals. The increasing awareness about safety regulations have also augmented the uptake of construction chemicals. On the flip side, the global market for construction chemicals is expected to experience a sluggish growth rate in the developed economies as the construction industry has taken a hit due to a mature market. 

Out of the various products, the concrete admixture product segment held a share of more than 50% in the global construction chemicals market in 2015. Analysts estimate that this product segment will progress at a CAGR of 7.8% during the forecast period of 2014 and 2020. These admixtures are added to concrete mix as they help in controlling the set time along with various other aspects of fresh concrete. The growing construction activities, especially of new buildings, are expected to generate a huge demand for concrete admixtures in the near future. 

Asphalt Additives Remains Popular due to Rapid Urbanization in Developing Countries

On the other hand, the demand for asphalt additives is expected to be high in developing countries as these are used for making roads, parking lots, and airports among others. The infrastructural developments in the emerging economies, rapid urbanization, and growing demand for better facilities are expected to increase the uptake of asphalt additives in the near future. 

China to Lead Global Market are Construction Industry Gathers Pace

From a geographic point of view, Asia Pacific is expected to dominate the global market. China is projected to be the leading consumer of construction chemicals due to the booming construction activities in the region. The increasing investments by the government in building infrastructure are expected to propel the country’s uptake of construction chemical throughout the forecast period. As of 2013, China held a share of 42% in the global market. Europe follows China’s lead closely, but is projected to show a sluggish growth rate due to a high rate of unemployment. 

The key players operating in the global constructions chemicals market are BASF SE, W.R. Grace, Sika AG, The Dow Chemical Company, RPM International Inc., and MAPEI S.p.A.

 
Growth in the construction industry in BRICS countries coupled with rising government initiatives to boost the utilization of environment friendly products is expected to drive the global construction chemicals market between 2014 and 2020. Construction chemicals include asphalt additives, concrete admixtures, protective coatings, adhesives and sealants. The construction chemicals market is closely associated with the construction industry. These chemicals offer several benefits such as improved chemical resistance, durability, strength, reduction in cement and water requirement, and resistance to adverse climatic conditions. These chemicals also provide pleasant appearance to the structure without compromising its overall quality. Construction chemicals are widely used in residential, industrial, commercial and infrastructure projects.
 
This report provides a detailed view of the global construction chemicals market by considering 2013 as the base year. It offers forecast of the global construction chemicals market from 2014 to 2020. It includes an in-depth analysis of the global construction chemicals market in terms of volume (Kilo Tons) and revenue (USD Million) from 2013 to 2020. It also comprises several tables and graphs that provide a detailed explanation of various facts and findings of the global construction chemicals market. Various authenticated sources have been used to refine and provide a detailed and accurate research on the construction chemicals market. Interviews with key industry leaders were conducted along with secondary research during the course of the study. Various governmental and environmental regulations along with their effect on the construction chemicals market were studied in detail. 
 
The report also provides key drivers and restraining factors, and their impact on the global construction chemicals market during the forecast period. It highlights new avenues for key industry participants in the construction chemicals market. The report provides market share of key players as of 2013. It helps in understanding business strategies of leading companies in the market. The report also offers market attractiveness analysis of different construction chemicals to understand the potential of each product segment in the near future. Thus, market attractiveness analysis assist companies to develop suitable strategies to sustain by focusing on the most attractive products in the market. 
 
The study segments the market based on products such as asphalt additives, concrete admixtures, protective coatings, adhesives and sealants. Each product is further studied as per its regional demand from 2013 to 2020. The report includes analysis of major geographical regions: North America, Europe, China, Rest of Asia Pacific and Rest of the World.
 
The report uses analytical tools such as Porter’s five forces model to provide a detailed view of the competition in the overall construction chemicals market. This model helps provide in-depth analysis of the impact of suppliers, buyers, substitutes, new entrants and degree of competition in the global construction chemicals market. The report also includes value chain analysis, which provides information by studying the various components of the construction chemicals market. Value chain analysis offers the degree of integration exhibited by the leading companies operating in the market. Major raw material manufacturers and suppliers are identified using this tool. The major supply agreements signed among companies are also mentioned in detail in the report. Value chain analysis provides information of the distribution channel employed by major players in the market.
 
The study also includes profiles of major market participants such as BASF SE, Sika AG, W. R. Grace & Co., RPM International Inc., Fosroc International, Bostik Limited, Henkel AG & Co. KGaA, AkzoNobel Chemicals AG, The Dow Chemical Company and MAPEI S.p.A. Company profiles comprise company overview, financial overview, business strategies, SWOT analysis and recent developments. These can help companies formulate appropriate strategies to achieve competitive advantage and expand their market share. 
  • Construction Chemicals Market - Product Segment Analysis
    • Asphalt Additives
    • Concrete Admixtures
    • Adhesives
    • Sealants
    • Protective Coatings
  • Construction Chemicals Market - Regional Analysis
    • North America
    • Europe
    • China
    • Rest of Asia Pacific
    • Rest of the World


 
 
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