Construction Chemicals Market Trends And Competitive Landscape Outlook To 2020

887 words - 4 pages

Growing urbanization is setting construction industry at pace, thereby giving rise to raw material industry such as construction chemicals market. In general construction chemical is one of the chemical compounds in specialty chemicals segment of the chemical industry. Construction chemicals are widely used in construction of residential, non- residential as well as non-buildinginfrastructural activities such as roads, highways and expressways. With the diverse set of applications across the construction industry, the construction chemical become an imperative material in today’s infrastructural environment. The main use of construction chemical is to strengthen the structure with enhanced ...view middle of the document...

Whilst the developed countries in Americas and Europe is projected to grow with stagnant growth rate for the forecast period due to maturing market and slower growth in infrastructural development. The growth in Asia Pacific segment of global construction chemical market is spurred by growing urbanization which is fuelling the growth of infrastructure projects, thereby leading to the consumption of 65% of the world’s cement production. China standouts to be leader in Asia Pacific region of global construction chemical market whilst the India has miniscule market share, however the demand of construction chemical is gaining momentum in global construction chemical market in India due to rising awareness of benefits of construction chemicals. Other countries such as Russia, Australia and Brazil are expected to have high growth rates in their respective regions of global construction chemical market segment.

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The global construction chemicals market canbe broadly classified into concrete admixtures, water proofing chemicals, flooring compounds, repair & rehabilitation and others. Concrete admixtures chemicals are used for better mixing of materials used in cement to make concrete, which holds the majority in global construction chemical market. Concrete admixtures construction chemical market can be further divided into plasticizers, super-plasticizers, hyper-plasticizers, accelerators, retarders, air entrainments and corrosion inhibitors. Water proofing construction chemicals are used to avoid water infiltration and prove to be essential on the exteriors of buildings. Flooring compounds are used to resist abrasion, corrosion, slipping, chemical attack and most importantly to give the floor an aesthetic appearance. Repair and rehabilitation construction chemicals are basically used in the repairing systems, wear and tear of the construction structures. Other construction chemicals segment of global...

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