Global Construction Chemical Market: Ken Research
The report titled “Global Construction Chemical Market Outlook to Year
2020 – Concrete admixtures & Repair and Rehabilitation Chemicals to Drive
Market Growth” provides
brief overview on the Global
Construction Chemical Market and helps readers to identify the ongoing trends in the market
and anticipated growth in future depending upon changing market dynamics in
coming years. The report will help existing distributors, manufacturers along
with end users in construction and real estate sector to align their market
centric strategies according to ongoing and expected trends in the future.
As emerging countries
start investing in infrastructure development, it will create market
opportunity for demand of construction chemicals in these countries. Economic
recovery in developed world will improve consumer confidence and business
development leading to demand for commercial and residential real estate which are
major consumer of construction chemical.
Over the years,
governments across the globe have invested in development of some of the
largest infrastructure projects in their respective countries. Huge rise in
urban population has led to development of high rise real estate development to
accommodate people in restricted city limits. Creating such residential and
commercial spaces require that buildings stand the harsh environmental
conditions and are well protected from the problems arising due to manmade activities.
In developing countries demand is mainly driven by basic construction chemicals
like concrete admixture and water proofing. In developed countries there is
additional demand for products that can add value as well as improve the
aesthetics and efficiency. Increased demand from
emerging economies and reviving western economies will drive the market in
future. Market may be negatively impacted by reduced government expenditure in
China which is the largest market for construction chemicals.
Demand for construction chemical was mainly
driven by increased investment in developing infrastructure and real estate for
rising urban population. Market is largely driven by institutional sales which
consumes majority of construction chemical produced. Construction of new
infrastructure in developing economies, repair and rehabilitation and
upgradation of existing infrastructure in developed economies were the key
growth drivers for demand of construction chemical and will continue to propel
the market in the outlook period. Increased consumer awareness, concern for
environment protection, improved packaging, rising cement consumption are all
expected to boost the demand for construction chemical.
Concrete admixture will continue to
dominate the global construction chemical market. Demand for construction
chemical is expected to grow as more proportion of concrete will be consumed in
construction related to infrastructure and real estate. Growing awareness among
contractors and building professionals about benefits of adding concrete
admixture will enlarge the requirement of concrete admixture. Changing
aggregate components which are the major ingredients in concrete will also
increase the demand for concrete admixture so as to achieve the requisite
strength of concrete structure.
For
more information about the Publication, refer to below link:
Contact:
Ken Research
Ankur Gupta, Head Marketing &
Communications
+91-124-4230204
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