Construction Chemicals Market Trends and Competitive Landscape Outlook to 2020

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 durability. The manufacturers of construction chemicals might pose a 3% to 4% rise in current prices due to change in raw material prices and increased demand of new construction chemicals. However, as quality is prime concern for construction industry, the use of construction chemicals offering is long lasting and has crucial benefits with assured quality, the demand is expected to be unaffected of price rise. For instance Middle East is a remarkable region in the construction chemicals industry as it possesses the world’s finest and most famous constructions.

The global construction chemicals market is growing significantly in terms of volume demand and revenue. The global construction chemical market is segmented on the basis of geography and product type. The global construction chemical market is geographically segmented into seven key regions which are North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa. Asia Pacific construction chemical market dominates in the global construction chemical market geographic segments followed by Europe, Americas and Middle East respectively. In terms of growth rate the Asia Pacific construction chemical market is expected to exhibit double digit CAGR, higher than that of other...