Doom: Upcoming Challenges and Business Opportunities in Construction Chemicals Market

Pune, New York, USA, November 17 2020 (Wiredrelease) Research Dive –:Construction chemicals are the specialty products crucial for energy conservation and sustainable infrastructure in construction industry to provide added protection from environmental hazards and enhance durability of buildings. Construction chemicals are used in the construction industry and by the civil repair for infrastructure-based development. These chemicals have a wide range of applications like repair, concrete modification, and waterproofing.

According to the Research Dive blog, construction chemicals comprise of wide-range of products which includes sealants, flooring chemicals, admixtures, grouts, chemicals for maintenance & repair of structures, and water proofing chemicals. These products are currently among the vital components that goes into building or infrastructure construction.

Key Developments in the Global Industry

Developments in construction chemicals market are creating lucrative opportunities in the building construction & infrastructure industry. The major industry players are adopting several strategies such as mergers, acquisitions, advanced product developments, and geographical expansion to strengthen their position in the overall market, which is subsequently supporting the construction chemicals market to grow at a significant pace.

Connect with Our Analyst to Contextualize Our Insights for Your Business: https://www.researchdive.com/connect-to-analyst/175

For instance, in April 2016, Sika AG completed the acquisition of L.M. Scofield, a U.S.-based manufacturer of concrete color additives, in order to expand its concrete business in North America. Further, in November 2017, Sika AG acquired Butterfield Color in the U.S. to strengthen the company portfolio for concrete contractors. Butterfield’s product line of sealers and colors, along with innovative tools for texturing and stamping has been growing with a strong pace for many years.

In April 2016, BASF inaugurated a new concrete admixture plant in Vietnam. The aim of the company behind the opening of this plant is to better serve and meet the rising demand of consumers for better quality construction chemicals products in Vietnam market.

Download Sample Report of Construction Chemicals Market @ https://www.researchdive.com/download-sample/175

In December 2018, Fosroc launched ‘Polyurea WH 200GR,’ which is a green roof waterproofing grade construction chemical product. The novel product is spray-applied that targets the green roof industry. The Polyurea WH 200GR provides tensile/crack/ elongation bridging and water abrasion-resistance/ impermeability, which makes it a great solution for both existing and newly build structures.

In September 2019, BASF announced the launch of ‘Master X-Seed STE’ admixture for New Zealand and Australia concrete industry. Master X-Seed STE helps in significantly improving both early as well as late-age strength development in concrete and also in making concrete production more efficient. Master X-Seed STE solution is recommended for use in precast and ready-mixed concrete and self-consolidating concrete.

Forecast Analysis of the Construction Chemicals Industry

Global construction chemicals market is projected to experience a robust growth over the forecast period owing to rapidly increasing urbanization and construction activities worldwide. The growing concern regarding eco-friendly chemicals is predicted to play a crucial role in creating enormous growth opportunities in the global market. However, extensively growing environmental regulatory policies related to volatile organic compounds (VOC) emissions are likely to hamper the market growth in the near future.

A significant growth in the construction projects across the globe is a major factor estimated to boost the growth of the global construction chemicals market by 2026. Research Dive in its published report estimates that the construction chemicals market will grow at a CAGR of 5.6% during the forecast period. The North America region is estimated to subjugate the global construction chemicals market throughout the forecast period owing to booming economy in the region. The report further outlines major players operating in the global industry that are concentrating on several strategies to sustain in the pandemic crisis. The major players of the industry include Fosroc, Inc., Arkema SA, Sika A.G., Dow, BASF SE, RPM International Inc., Ashland., W. R. GRACE & CO., Pidilite Industries Ltd., and MAPEI S.p.A.

TRENDING REPORTS WITH COVID-19 IMPACT ANALYSIS

Electronic Protection Device Coating Market    https://www.researchdive.com/covid-19-insights/205/electronic-protection-device-coating-market
Eco-Friendly Food Packaging Market    https://www.researchdive.com/covid-19-insights/209/eco-friendly-food-packaging-market
Activated Carbon Market    https://www.researchdive.com/covid-19-insights/267/global-activated-carbon-market
Biological Wastewater Treatment Market    https://www.researchdive.com/covid-19-insights/280/global-biological-wastewater-treatment-market
Electronic Chemicals Market    https://www.researchdive.com/covid-19-insights/337/global-electronic-chemicals-market

About Us:
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

Contact us:
Mr. Abhishek Paliwal
Research Dive
30 Wall St. 8th Floor, New York
NY 10005 (P)
+ 91 (788) 802-9103 (India)
+1 (917) 444-1262 (US)
Toll Free: +1-888-961-4454
E-mail: support@researchdive.com
LinkedIn: https://www.linkedin.com/company/research-dive/
Twitter: https://twitter.com/ResearchDive
Facebook: https://www.facebook.com/Research-Dive-1385542314927521
Blog: https://www.researchdive.com/blog
Follow us: https://marketinsightinformation.blogspot.com/

This content has been published by Research Dive company. The WiredRelease News Department was not involved in the creation of this content. For press release service enquiry, please reach us at contact@wiredrelease.com.