Semiconductors & Electronics Industry Construction Chemicals Market Size | Page 2
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They are extensively used in concrete to improve its physical and chemical properties and are utilized in all
types of constructions for instance non-buildings, residential, and non-residential infrastructure. Construction
chemicals develop the power of the building structure. It provides superior durability, chemical resistance,
and noticeably lowers the water and cement necessity.
End-users in the market encompass residential and non-residential & infrastructure. Non-residential &
infrastructure sector accounted more than 60% l revenue shares in 2015. In this sector, construction
chemicals find usage in manufacturing and industrial buildings, composition of warehouses, hotels and retail,
and office spaces.
Main regional segments in the global construction chemicals market are Asia Pacific, North America Europe,
Latin America, and the Middle East & Africa (MEA). Asia Pacific was the leading market for construction
chemicals in 2015. It was valued close to 45% in terms of value in the same year. India and China are the chief
countries in this region accounting for above 50% of the total revenue.
The worldwide construction industry is gradually recovering post the decline in 2008 and 2009. Several
European construction companies achieved substantial shares in 2015. The expansion of the construction
chemicals industry is directly linked with the intensification of construction market at the global scal e.
Market participants are mounting their customer base through strategies counting exhibitions and new
product launches. U.S. based Dow Chemical Company is a key participant in this market. The company
manufactures an extensive variety of adhesive and sealant products. Other top most players in the market
include FOSROC Chemicals India Private Limited, BASF SE, Pidilite Industries Limited, Dow Chemical Company,
W.R. Grace & Company, and Sika AG.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/bulk-chemicals-
industry
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