XploreMR has recently added a new research report, titled “Global Chemical Construction Additive Market Research Report 2018”, to its vast repository. This report delivers up-to-date data and future trends affecting the market expansion, and enables its readers in categorizing the leading end users and popular products gaining widespread traction. The report also lists top market competitors, and offers strategic insights on key trends impacting expansion of the global chemical construction additive market.
The report states that chemical construction additives have been gaining greater significance on the back of the construction industry’s revival post-economic crisis in 2008. Rapid urbanization activities in developing nations such as India and China have spurred number of construction projects apropos commercial as well as residential sector. Mechanical properties of the construction materials integrated with chemical additives enable efficient redesigning of structures such as roads & bridges, and facilitate fast formation of infrastructure and buildings.
Government Initiatives regarding Infrastructure Activities to Propel Demand for Chemical Construction Additives
Various governments across the globe are taking immense efforts pertaining to infrastructure development, with Asian countries spearheading the trend. Government initiatives such as China Pakistan Economic Corridor (CPEC) and One Belt One Road (OBOR) in China, and the Bharat Mala in India have significantly contributed to demand for construction chemical additives. Additionally, reviving residential sector and growing number of hospitals in Europe and the U.S. are key growth determinants for the global chemical construction additive market.
Shifting focus of Middle Eastern nations, such as Saudi Arabia, Qatar, and United Arab Emirates (UAE), from being petroleum-centric economy toward business- & tourism-based economy has led a rise in construction projects in these countries. In addition, there has been a rise in construction of skyscrapers and artificial islands in Middle Eastern countries, which in turn is creating demand for construction chemical additives.
New Product Innovations will Influence Growth of the Market
With changing legislation, the requirement for sustainable construction-related products and demand for high-performance construction materials and additives is witnessing a surge. Key companies, such as Croda International Plc, have been designing construction chemical additives that deliver both cost savings and performance improvements, meanwhile complying with the environmental regulations. As the construction industry is witnessing a paradigm shift toward more sustainable, cleaner, and greener products, companies are developing more effective solutions that aid in releasing concrete from molds. Croda has developed a biodegradable mold release agent, called “Perfad LL-538”, which is manufactured from bio-based materials. This construction chemical additives, which comprises proprietary blends, offers superior finish and is well-suited for architectural forming.
Global Chemical Construction Additive Market: Competition Landscape Assessment
The report has profiled & examined large stakeholders of the global chemical construction additive market, and has elucidated novel strategies employed by these industry leaders to gain a competitive edge. The report provides a comparative study on key players contributing to growth of the chemical construction additive market.
This report also offers valuable insights on future evolution of the production technologies related to chemical construction additives. Actionable and in-depth insights exerted in the report will enable its readers in better understanding the landscape of the construction chemical additives industry. Intelligence on latent opportunities coupled with new sales avenues in the global chemical construction additive market has also been delivered in the report.