U.S (New York)– The “Asia and MEA Construction Chemicals Market” 2023 research report appears to cover various aspects of the market, including the strategies of top players, market segments, competitive landscape, manufacturing, and pricing structures. In this report, we will provide an in-depth analysis of the current state of the global Asia and MEA Construction Chemicals Market, its key drivers and challenges, and its future prospects. This study contains research on market dynamics, such as SWOT, PESTLE, and Porter’s Five Forces analysis, as well as details about drivers, constraints, trends, and opportunities. These studies may assist in providing a thorough overview of the worldwide industry. Additionally, the key segments of the industry are evaluated according to their performance.
The Asia and MEA construction chemicals market was valued at $15,907.9 million in 2017 and it is expected to reach $27,740.7 million by 2025, growing at CAGR of 7.12% from 2018 to 2025. Construction chemicals are chemical formulations, which are majorly used with cement, concrete, or other materials to adhere them during construction activities. Construction chemicals are known to enhance the strength and quality of concrete and offer water resistance & enhanced rigidity. In addition, they protect the concrete structure from atmospheric degradation.
Request To Download Sample of This Strategic Report:-https://reportocean.com/industry-verticals/sample-request?report_id=AMR1
According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
Various chemical products, such as concrete admixtures, are used with concrete to minimize the quantities of cement and water. Concrete admixtures are known for modifying properties of hardened concrete to ensure the quality during mixing, curing, and placing. Construction chemicals are utilized in the construction industry for several applications such as residential, construction, infrastructure repair, commercial & industrial construction, and others. Therefore, significant development in the construction industry boosts the growth of the market. The developments in the construction industry in Asia is driven by increase in urbanization and infrastructural development, which in turn fuels the demand for construction chemicals. Emergence of megacities in both Asia and Middle East & Africa regions further offer scope for usage of construction chemicals. Furthermore, increase in residential housing projects and rise in investment on infrastructure development are considered as key driving factors for this market.
However, change in regulatory environment toward the use of prime construction chemicals and low consumer awareness about high-value products are expected to limit the market development, owing to the price sensitive nature of this market. Moreover, as the price of construction chemicals is relatively higher as compared to their traditional counterparts, their usage is limited in developing countries. On the contrary, increase in awareness pertinent to energy conservation buildings and sustainable infrastructure is anticipated to offer lucrative growth opportunities for market expansion.
Request To Download Sample of This Strategic Report:-https://reportocean.com/industry-verticals/sample-request?report_id=AMR1
The Asia and MEA construction chemicals market is segmented based on type, application, and region. The report focuses on type of construction chemicals such as concrete admixture, waterproofing & roofing, repair, flooring, adhesives & sealants, and others. Market segmentation based on application includes residential, industrial, infrastructure, repair structure, and others.
Region wise, the market is analyzed across Asia and Middle East & Africa. Asia is further segmented into various countries, including China, India, Japan, Indonesia, Thailand, South Korea, Australia, and rest of Asia. On the other hand, MEA is segmented into Saudi Arabia, UAE, Kuwait, Bahrain, Oman, Qatar, Egypt, Africa, and rest of Middle East & Africa. Asia alone has dominated the market in 2017, garnering more than 85% share. This is attributed to heavy investment in infrastructure development in countries such as China and India, increase in urbanization across developing countries, and upsurge in demand for housing projects. In addition, development of the construction industry in the Middle East and growing urban population in the African countries is primarily promoting the growth of the construction chemicals market.
Key players analyzed and profiled in the Asia and MEA construction chemicals marketare Arkema SA, Ashland Inc., BASF SE, Fosroc International Inc., MAPEI S.P.A., Pidilite Industries Limited, RPM International Inc., SIKA AG, DowDuPont Inc., W.R. Grace and Co., and Others. Some of the other player includes 3M Chemical Company, Henkel AG, Adrex GmbH, and Evonik Industries.
Download Sample of This Strategic Report:-https://reportocean.com/industry-verticals/sample-request?report_id=AMR1
KEY BENEFITS FOR STAKEHOLDERS
? Porter?s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
? The study outlines the current trends and future scenario of the construction chemicals market size from 2018 to 2025 to understand the prevailing opportunities and potential investment pockets.
? Major countries in the region have been mapped according to their individual revenue contribution to the regional market.
? The key drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study.
? The profiles of key players along with their key strategic developments are enlisted in the report.
KEY MARKET SEGMENTS
? By Type
? Concrete Admixture
? Waterproofing & Roofing
? Flooring
? Repair
? Adhesives & Sealants
? Others
? By Application
? Residential
? Industrial
? Infrastructure
? Repair Structure
? Others
Request To Download Sample of This Strategic Report:-https://reportocean.com/industry-verticals/sample-request?report_id=AMR1
? By Region
? Asia
o China
o India
o Japan
o Indonesia
o Thailand
o South Korea
o Australia
o Rest of Asia
? MEA
o Saudi Arabia
o UAE
o Oman
o Kuwait
o Bahrain
o Qatar
o Egypt
o Africa
? South Africa
? Kenia
? Ethiopia
? Rest of Africa
o Rest of MEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
Frequently Asked Questions: –
What form of belongings and techniques do you use?
- We use files from the demand and furnish aspect and paid databases.
- Our report mentions all the sources and techniques used to accumulate files and information.
Can I get archives from a special area or geographic area?
- Yes, we furnish country-specific facts in opinions and personalized formats.
- In our report, we cowl most essential worldwide places and regions.
- However, if a precise area is required, we will happily furnish the information that you need.
Do you provide market share records for a specific country/region?
- Yes, we will assume about the scope to furnish market share information and insights.
- This company is section of a personalized requirement.
Do you provide after-sales support?
- Yes, we will furnish a quantity of hours of analyst assist to get to the bottom of your problem.
- Please contact our profits marketing consultant and will time desk a meeting with our analyst.
Do you promote a specific area of the report?
- Yes, we grant precise sections of the report.
- Please contact our profits representative.
What if the file I want is no longer listed in the document repository?
- The Stratagem Market Insights encompass a database of opinions on a wide variety of industries, on the other hand no longer all opinions are listed on the website.
- Please contact our profits crew in accordance to your requirements.
What choices can I use before than shopping for the report?
- We furnish consumers with centered and particular objective-based research.
- You can contact an analyst for a product overview to get an opinion.
- You can use your personalized requirements and we will grant you with the high-quality features.
Are you now not successful to find out what exactly you are looking for?
- The scope can additionally no longer be covered.
- If it is notably based totally on your special neighborhood of interest, we can customize your requirements and consist of them into the search for framework at any time, and supply you with customized evaluations in accordance to your authentic situation.
Request full Report : https://reportocean.com/industry-verticals/sample-request?report_id=AMR1
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.
Get in Touch with Us:
Report Ocean:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel:+1888 212 3539 (US – TOLL FREE)
Website: https://reportocean.com