Construction chemicals also known as specialty chemicals are usually defined as chemical compounds that are added in construction materials like cement and concrete at the construction sites in order to enhance the performance and workability, and protect & hold the construction material along with finished structure making it resilient. Additionally, these chemicals help in minimizing the quantities of water and cement required during the construction process. Thus, these chemicals are becoming an integral part of the construction activities in various sectors, be it residential, industrial or commercial.
Ken Research offers detailed solution in the real estate industry with the help of its “Real Estate Market Research Reports” company offers in-depth study of the recent scenario of the Construction Industry in various geographies. It offers a comprehensive analysis to its users involving the integrity of logic and totality of contents. The reports basically portrays an outlay of the industry including specific definitions, classifications, applications and industry chain structure along with a market analysis for the international market including development history, competitive landscape analysis, and major regions’ development status. Also, the development plans and policies are well discussed along with the related manufacturing processes and cost structures.
The “Real Estate Industry Analysis” is mainly split by (a) product types, with production, revenue, price, and market share and growth rate of each type, which are further divided into- Epoxy Resin, Vinyl Resin, Polyurethane (Pu), Polymethyl Methacrylate (PMMA) Resin and Other; and (b) by applications, aiming on consumption, market share and growth rate of Construction Flooring Chemicals in each application, further segmented into- Residential and Commercial.
In Construction flooring chemicals industry key players are namely: BASF, Dow Chemicals, Sinopec, Exxon Mobil, SABIC, DuPont, Ineos, LyondellBasell Industries, Mitsubishi Chemical Corporation, LG Chemicals, AkzoNobel, Mitsui Chemicals, Forbo Holdings, Toray Holdings, PPG Industries, Tremco, Huntsman, and Borealis AG.
This market has been observed to be stimulated majorly via factors like: amplifying construction activities in emerging economies like India, and multiplying adoption of the innovative construction procedures. Even, there has been a decent growth in the adoption of ready-to-mix concrete in Asia over the years and in future, when this adoption will be coupled with the surges in foreign direct investments in the real estate sector; a goodly number of opportunities are expected to be created ultimately leading to a holistic growth of this construction chemicals market.
Moreover, it has been witnessed that the infrastructure spending in Asia and Middle East has constantly showed traces of growth and with developing environmental awareness amongst the Asians; their preferences have accordingly experienced a transition towards high-performance products and all these inter related positive changes have managed to ameliorate this industry’s revenue year after year. Not only this, even the strength of concrete used has enhanced considerably through the usage of these chemicals in the processes of construction.
In the years to proceed; backed by the rising government and foreign investments in mega projects; the demand for construction chemicals is projected to be highly intense especially in Southeast Asian countries such as the Philippines, Vietnam, Malaysia and Indonesia, which are lately noticed as relishing high investments in large-scale infrastructure as well as commercial projects.
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Ankur Gupta, Head Marketing & Communications