What is Construction Flooring Chemicals Market?
Construction flooring chemicals are water resistance chemical used in floor construction. These materials include soft covering such as carpets & rugs, wood, rubber, asphalt, clay tile, terrazzo stone and others. Across the globe, there has been rapid rise in construction activities which led to increase in demand for construction flooring chemicals.
The market study is being classified by Type (Epoxy, Vinyl, Polyurethanes and Poly Methyl Methacrylate) and major geographies with country level break-up.
BASF (Germany), SABIC (Saudi Arabia), DOW Chemicals (United States), Sinopec (China), ExxonMobil (United States), DuPont (United States), Ineos (United Kingdom), LyondellBasell Industries (Netherlands), Mitsubishi Chemical (Japan), LG Chem (South Korea), AkzoNobel (Netherlands), Mitsui Chemicals (Japan), Forbo (Switzerland), Toray Industries (Japan), PPG Industries (United States) and Tremco (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are RPM (United States), Stonhard (United States), Huntsman (United States) and Borealis (Austria).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Construction Flooring Chemicals market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Construction Flooring Chemicals market by Type, Application and Region.
On the basis of geography, the market of Construction Flooring Chemicals 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Construction Activities Across the World
- Growing Industrialization and Infrastructural Developments
Market Trend
- Increasing Preference for Utilization of Ready-mix Concrete (RMC)
- Focus Towards Durability and Good Aesthetics Features
Restraints
- Fluctuating Crude Oil Prices Leading to High Transportation Cost
- High Cost of the Construction Flooring Chemicals
Opportunities
- Growing Expenditure on Smart Housing Constructions
- Increasing Construction Activities in Emerging Countries
Challenges
- Rising Adoption of Alternative Materials in Floor Construction
- Growing Raw Materials Prices for Construction Flooring Chemicals Construction
Key Target Audience
Construction Flooring Chemicals Manufacturers, Raw Materials Suppliers/Distributors, Market and Research Firms, Potential Investors, Government Agencies and Others