Growing demand in Asia-Pacific region is expected to boost growth of Construction Chemicals Market b

The report "Construction Chemicals Market by Type (Concrete Admixture, Construction Adhesive, Construction Sealant, and Flame Retardant - Global Forecast to 2020" analyzes the global construction chemicals market with respect to market drivers, restraints, opportunities, and challenges in different regions.

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The construction chemicals market witnessed a high growth in the past few years which is estimated to increase in the coming years. This growth is largely fueled by the growth of the construction industry, technological advancements, and growing demand in the Asia-Pacific region.

Asia-Pacific is the biggest and the fastest-growing region due to the growing demand for construction chemicals in India, China, Japan, and South Korea. North America and Europe are matured markets and are expected to grow at a low CAGR in comparison with Asia-Pacific till 2020.

This study basically aims to estimate the market of construction chemicals for 2015 and to project its demand by 2020.

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The demand for construction chemicals depends upon concrete consumption and extent of construction development activities occurring in a particular region. As per the trends in the construction sector, slow growth is expected in European and North American regions, whereas promising growth is expected in developing regions of the world in the construction chemicals market due to stable economic conditions and increasing demand for residential units and infrastructure development activities.

Currently, the Asia-Pacific region is the largest market of construction chemicals and is estimated to register the highest CAGR. Countries such as China, Japan, and India are expected to lead the Asia-Pacific construction chemicals market, with China accounting for the largest share in the regional demand of construction chemicals. The market size, in terms of volume, of construction chemicals is comparatively low in the RoW region, but the estimated growth of the region is the second highest after Asia-Pacific.

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Competitive scenarios of the key players in the construction chemicals market have been discussed in detail. Leading players of this industry have also been profiled with their recent developments and other strategic industry activities. These include key construction chemicals manufacturers such as BASF SE (Germany), W.R. Grace (U.S.), RPM International (U.S.), Sika A.G. (Switzerland), Fosroc International (U.K.), The Dow Chemical Company (U.S.), Arkem S.A. (France), Ashland Inc (U.S.), Mapei S.p.A (Italy), and Pidilite Industries (India).

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