The construction sector is one of the major industries in the GCC region, and construction chemicals – such as admixtures, waterproofing compounds, floor hardeners, protective coatings, resins, adhesives, and sealants – play an important role in this industry to improve the durability and performance of buildings and infrastructure facilities.
According to the new market research report "GCC Construction Chemical Market Outlook 2025”, published by Goldstein Research, the GCC construction chemical market is estimated to reach USD 15.32 billion by 2025, Growing at a CAGR of 4.9% through 2025.
The future of GCC construction chemicals market hinges on two key areas – product and application innovation and value engineering. These factors will expand the market by surmounting existing construction engineering impediments and helping to bring down construction costs by shortening project time and reducing rework.
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Factors range from fast-track building construction and the increased use of non-standard size flooring tiles and planks to a reduction in porous floor-covering backings, as well as improperly specified and applied adhesives, improperly trained installers and poor drainage. The growth across the various industries have a direct impact on the demand of adhesives and sealants and the technological innovations further drive the market.
Stringent government regulations related to the environment has negatively impacted the growth of adhesives and sealants market. The degrading environment and its hazardous impact on living beings have compelled the economies to take strict actions.
The chemical manufacturing industry also has a negative impact on the environment, responsible for environmental pollution. Being the large scale industry it is compelled to follow stricter environmental regulations and thus the technological research and developments are hindered.
The Report is available at:
http://bit.ly/2IxOg4l Covered in this GCC Construction Chemicals Market Report
“GCC Construction chemicals Market Outlook 2025” contains a detailed overview of the GCC Construction chemicals market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by polymers type, by polymers category, by applications and by end-users.
Further, for the in-depth analysis, GCC Construction chemicals Market Analysis encompasses the market growth drivers, market challenges, market attractiveness, BPS (Base Point Scale) analysis, risk analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Major Key player of the GCC Construction Chemical Market discussed in the report are:
- BASF
- Henkel
- H.B. Fuller
- Sika
- 3M
- Dow
- Hernon Manufacturing
- Pidilite
- Construction Material Chemical Industries (CMCI)
- Al-Jazea
Overall, the report embodies the GCC construction chemicals market trends along with market estimates that will aid market consultants, technology providers, existing players and new market players probing for opportunities and other stakeholders to positions their market centered strategies according to the evolving and expected trends in the future.
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