Global Construction Chemical Additives Market Forecast & Analysis Global Critical and Chronic Care Products Market | Page 4

The global market for CCA in 2015 was $39.5 Billion and is dominated by APAC region, which is
poised to exhibit the fastest growth due to favorable macroeconomic conditions such as
population growth and financial conditions like increasing FDI investments. China and India are
the growth frontiers for the construction chemical additives manufacturers providing a huge
potential market to be tapped. China is the largest construction chemicals market with a share
of 24.5% currently. China has overtaken the U.S as the world's leading market of construction
chemicals and is expected to remain the largest during the forecast period. Other major markets
include North America, which accounted for a significant market share. The construction
chemicals market in the U.S is anticipated to grow at a CAGR of 18% during the forecast period
2015 to 2020.
The number of manufacturers across the world for construction chemical additives has
increased manifold. These manufacturers are actively investing in scaling up their position in the
market and are able to attract profitable deals. Some of the major players are BASF SE, Sika AG,
W. R Grace & Co and many others. Major firms spent huge amounts of capital in the
development of efficient technologies and at the same time, new firms are coming up with
cutting-edge technological innovations, resulting in tremendous increase in the degree of
competition. Consequently, product launches, mergers and acquisitions and partnerships by
companies, universities as well as individual researches has been frequenting the construction
market headlines.

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