A recent report published by
Infinium Global Research on the concrete surface treatment chemicals market
provides an in-depth analysis of segments and sub-segments in the global as well
as regional concrete surface treatment chemicals market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional concrete surface treatment chemicals market over the short
term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of global concrete surface treatment
chemicals market. According to the report, the global concrete surface
treatment chemicals market is projected to grow at a CAGR of 8.1% over the
forecast period of 2019-2025.
Chemicals
are increasingly being used in the construction industry as they improve the
performance of the structures and make them more resistant to adverse weather
conditions. The concrete surface treatment chemicals are used in various
applications across a wide range of industries. It is used for retaining the
moisture content in concrete. It promotes adhesion between cement and mold that
enhances its life.
The rising number of construction projects globally such as the smart city mission is a
major driving factor for the growth of concrete surface treatment chemicals
market. The global construction output is expected to grow by 85% worldwide by
2030. Three countries China, the US, and India will lead the global
construction industry and account for 57% of all global growth. Therefore, the
rising infrastructure is expected to increase the demand for concrete surface
treatment chemicals. Furthermore, the rising government initiatives for housing
such as Pradhan Mantri Awas Yojana in India augment the growth of the market.
The increasing preference for water-based mold release agents also propels the
demand for concrete surface treatment chemicals. The growing popularity of
construction chemicals owing to their ability to enhance the performance of
building structures promotes the growth of market. Additionally, water scarcity
issues contribute to the increased use of concrete surface treatment chemicals
in developing countries that boost the demand for the market. On the flip side, the
use of hazardous feedstock in the product hinders the growth of the concrete
surface treatment chemicals market. Moreover, rapid urbanization in developing
countries creates fruitful opportunities for the market.
Asia-Pacific
region is expected to hold a dominant share in the global concrete surface
treatment chemicals market. The rising use of chemical products in thriving
construction projects in the Asia-Pacific region contributes to the growth of the market in Asia-Pacific. North America is anticipated to grow with a healthy
CAGR over the forecast period. The presence of key manufacturers with enormous
use of the chemical product for the purpose of building restoration activities
in North America stimulates the growth of the market. Furthermore, Europe is
expected to grow significantly in the global concrete treatment chemicals
market. Huge product popularity and rapid urbanization in European countries
stimulate the growth of the market in Europe and rapid
urbanization stimulates the growth of concrete surface treatment chemicals
market in Europe.
The report on global concrete
surface treatment chemicals market covers segments such as product type and
end-use. On the basis of product type, the sub-markets include curing
compounds, sealants, and mold release agents. On the basis of end-use, the
sub-markets include municipal, industrial, residential, and commercial sectors.
The report provides profiles of
the companies in the market such as BASF SE, Henkel AG & Company, KGaA,
Croda International plc, DowDuPont Inc., Arkema S.A., The Euclid Chemical
Company, Laticrete International, Inc., 3M Co., Wacker Chemie AG, Akzo Nobel
N.V., and Other companies.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of concrete surface treatment chemicals market. Moreover, the study
highlights current market trends and provides forecast from 2019-2025. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
Please Choose One of them.