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| Source: dir.indiamart.com |
The construction chemicals are the materials that are added
into cement or concrete or some other construction materials. It helps to
improve the quality of construction work and improve its durability, strength
and chemical resistance. The
construction chemicals are useful in different areas of constructions like residential,
industrials, commercials and infrastructure projects.
The major construction chemicals are concrete admixtures, adhesives and
sealants, and flame retardants. Out of these, concrete admixtures have maximum market
shares while adhesives and sealants, and flame retardants are lagging behind in
market share stats.
Construction chemical is one of the
niche segments from the specialty chemical segment of the chemical industry.
Construction Chemicals are specialty products that are used in structures to
increase their life, and also to impart additional protection from environmental
hazards.
The global construction industry is one
of the main industries considering the economy of every country in the world.
This industry contributes about 9 percent of the world’s GDP. The construction industry
is one of the main drivers of growth in almost every economy of a country. This
industry comes in specialty chemicals sector. This industry is growing at a
high rate due to increased globalization and significant consumption growth in
rapidly developing market. Use of latest technology and advance material
development will help in energy conservation and sustainability of natural
resources.
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| Source: www.thermaxindia.com |
The
global construction chemical market can be segmented by following ways:
On
the basis of product types
- Concrete Admixtures
- Chemical Admixtures
- Adhesives
- Sealants
- Flame Retardants
On
the basis of geography
- Asia-Pacific
- Europe
- North America
- ROW
Some of the
drivers identified for construction chemicals are:
Ø increasing
requirement of public,
Ø commercial, and
residential infrastructure triggered by urbanization trend,
Ø rapid
industrialization,
Ø Government
development plans
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| Source: www.frost.com |
Awareness of construction chemical materials is increasing day by day. Considering the climate change process, demand for energy saving materials and technology are increasing.
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| Source: www.econstructionchemicals.com |
For more information about Global Construction
Chemicals Market Report click on
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