Portland, OR -- (SBWIRE) -- 07/07/2017 -- Construction chemicals are specialty chemicals used in residential, infrastructure, and industrial construction. They relay the additional protection against environmental conditions, which leads to reduction in the quantity of the raw material required and also helps in increasing the structural strength and life of the construction projects. Concrete admixtures and water proofing & roofing chemicals occupy majority share of the construction chemicals market. Similarly, residential and infrastructure dominated the end-use applications market in the year 2015. The major construction chemical types include concrete admixtures, waterproofing & roofing, repair, flooring, and sealants & adhesives.
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The world construction chemicals market is segmented based on type, application, and geography. The type segment is divided into concrete admixtures, waterproofing & roofing, repair, flooring, sealants & adhesives, and others, where each type has its significant performance properties. By application, the market is bifurcated into residential, industrial/commercial, infrastructure, and repair structures. Geographically, it is segmented into North America, Europe, Asia-Pacific, and LAMEA.
In April 2016, BASF started the production of "MasterSeal," a waterproofing solution under construction chemicals division at its plant located in Podolsk district, Russia. Similarly, other key players are also actively involved in expansion and product launch strategies. The key players profiled in world construction chemicals market include BASF SE, Sika AG, W.R. Grace & Company, The DOW Chemical Company, RPM International Inc., Arkema S.A., Pidilite Industries, Ashland Inc., Fosroc International Ltd., and Mapei S.p.A.
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CONSTRUCTION CHEMICAL MARKET KEY SEGMENTS:
By Type
- Concrete Admixtures
- Water Proofing & Roofing
- Repair
- Flooring
- Sealants & Adhesives
- Others
By Application
- Residential
- Industrial/Commercial
- Infrastructure
- Repair Structures
By Geography
- North America
- Europe
- Asia-Pacific
- LAMEA