MarketsandMarkets has published a new report titled, "Global Construction Chemicals Market by Type & Geography - Forecasts up to 2017.”
The report spans 306 pages and enlists the aid of 27 graphical representations and 110 tables comprising market data to present a comprehensive analysis and forecast of the global construction chemicals market. The report also includes Porter’s five forces analysis that gives a picture of the competitive landscape. Examples of construction chemicals are adhesives, flame retardants, sealants and concrete mixtures. Designers are allowed the flexibility to change and improve the chemical and physical characteristics of structures such as surface finish, durability, climate protection and compressive strength by employing construction chemicals.
The demand for construction chemicals is a function of construction activities in a region for development and redevelopment. Since countries in the Middle East and Asia Pacific are in the process of development, the consumption of construction chemicals is high in these regions. The construction chemicals consumption in Europe and North America is contained mainly because the infrastructure in these regions is already well established. The global revenue for the construction chemicals industry is envisaged to grow to US $22,361 million by 2017 from US $14,853 million in 2012. This translates into a CAGR growth rate of 8.53% for the period 2012 to 2017. Going by the trend in 2012, the leading consumer of construction chemicals region wise is Asia Pacific closely followed by Europe. Amongst the construction chemicals available, concrete admixtures are expected to drive the growth of the industry. Adhesives, flame retardants and sealants follow concrete admixtures in consumption volumes.
Source: http://www.marketsandmarkets.com