Construction Chemicals is Estimated to Be USD 23.53 Billion in 2015

Date: 2015-10-27

The report covers the construction chemicals market and segments the market on the basis of type and region. The market data for these types is given with respect to volume (kilotons) and value (USD million). The market size in terms of value of construction chemicals is estimated to be USD 23.53 billion in 2015 and is projected to record a CAGR of about 7.62% between 2015 and 2020. The data mentioned in the report is based on the global demand for construction chemicals.

The market for construction chemicals has been analyzed based on the Porter’s Five Forces model. This gives an idea about the current proceedings in the industry at commercial level. The study also provides the value-chain analysis with respect to the end-use industries. The value chain describes the key contributors to the construction chemicals market at different stages from product development to end use. It represents the key players which are contributing to the construction chemicals industry.

The key companies in this market are BASF SE (Germany), W.R. Grace (U.S.), RPM International Inc. (U.S.), Sika A.G. (Switzerland), Fosroc International (U.K.), The Dow Chemical Comapny (U.S.), Arkema S.A. (France), Ashland Inc. (U.S.), Mapei S.p.A (Italy), and Pidilite Industries (India). These companies are consistently focusing on expanding their production capacities to achieve a competitive advantage and thereby serve the customers more effectively. Expansion was the most preferred strategy by the key players in 2014. 

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