About Chemical Construction Additive
The chemical construction additive is the formulations used in the construction of building whether they are residential or commercial or industrial buildings. These chemical additives provide sustainability to building products, increases the efficiency and performance of construction material. There is a range of chemical construction additives developed for improving the concrete performance in areas like corrosion inhibition, mold release, superplasticity, waterproofing. These additives are mixed into binding agents, concretes to impart the required characteristics to the final product.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BASF (Germany), W.R. Grace (United States), RPM International (United States), Fosroc International (United Kingdom), Dow (United States), Sika (Switzerland), Mapei (Italy), Fritz-Pak (United States), PAC Technologies (UAE), Thermax Global (India), ATPL (Canada), Concrete Additives & Chemicals (India), INNUA (United States), Berolan (Germany) and Hupan (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Hycrete (United States) and Krete Industries (United States).
Segmentation Overview
AMA Research has segmented the market of Global Chemical Construction Additive market by Type (HPMC, HEMC and CMC), Application (Residential, Commercial and Infrastructure) and Region.
On the basis of geography, the market of Chemical Construction Additive has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Powder Additive will boost the Chemical Construction Additive market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Plasticizers will boost the Chemical Construction Additive market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of Chemical Construction Additive in residential Application and The Rising Consumption of Chemical Construction Additive from the Asia Pacific
Market Growth Drivers:
The Increasing Need from Infrastructure Construction and The Demand for Efficiency, High Quality, and Finishing Provided to the Building
Challenges:
Price Fluctuations in Chemical Construction Additive
Restraints:
Stringent Regulatory Guidelines Regarding Chemical Construction Additive
Opportunities:
Growth in Construction Spendings Around the World and Surging Industrialisation will Boost the Chemical Construction Additive Market
Market Leaders and their expansionary development strategies
On 21st December 2019, BASF and an affiliate of Lone Star, a global private equity firm, signed a purchase agreement for the acquisition of BASF’s Construction Chemicals business. The purchase price on a cash and debt-free basis is €3.17 billion. The transaction is expected to close in the third quarter of 2020, subject to the approval of the relevant competition authorities.
In October 2023, The CMA has launched an investigation into suspected anti-competitive conduct in relation to the supply of chemicals for use in the construction industry. The Competition and Markets Authority (CMA) has reason to suspect anti-competitive behaviour has taken place involving a number of suppliers of these chemicals and some industry bodies. This conduct relates to the supply of chemical admixtures and additives which are an essential input for products like concrete, mortars and cement used in the construction industry., and In 5th Spe 2019, Aggregate Industries (AI) has partnered with BASF Construction Chemicals to launch Watertight concrete to protect a structure from water ingress or to retain water within a structure. Designed by AI, the Watertight range encompasses a range of admixture-driven solutions and is available as a three-tiered waterproofing solution; Watertight Pro Protect, Watertight Super Protect, and Watertight Core Protect.
Key Target Audience
Chemical Construction Additive Manufacturers, Chemical Construction Additive International Traders, Chemical Construction Additive Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.