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Market Research Report

GCC Construction Chemical Market Report: Share, SWOT Analysis, Industry Segmentation, Growth Drivers, Demand Analysis & Future Forecast 2017-2025

Published On : 2018-07-03 Report Page : 190 Category: Chemicals Minerals & Materials

GCC Construction Chemicals Market Analysis 2017-2025

Market Overview

GCC region has been known as the oil producing region, but with the expected decline in oil market in future, the region is witnessed to shift their focus to other economic developmental activities such as construction projects at a large scale. By 2016, statistics show that the region has spent nearly USD 130 billion on the construction projects and the total value of active projects is nearly USD 2.6 trillion. Thus, the huge construction industry of GCC region is driving the growth of construction chemicals market by manufacturing, demand and supply. Materials are the building block of the construction industry and construction chemicals is one of them. Continuous advancements in the construction chemicals are witnessed in order to improve the strength, longevity, durability and holding and joining features such as adhesives and construction chemicals and concrete admixture. GCC chemical industry is one of the oldest industries in the region, with highest growth rates shown in Saudi Arabia followed by Kuwait, Qatar and Oman. Further, there are certain challenges faced by the construction chemicals industry related to adverse environmental impacts. Chemicals used in the construction activities react with the environmental gasses which is harmful for the living beings over the long period of time. Goldstein Research analyst forecast that the GCC construction chemicals market is set to reach nearly USD 15.32 billion by 2025, growing at a CAGR of 4.9% over the forecast period (2017-2025).

GCC Construction Chemicals Market Segmentation

By Construction

  • Residential
  • Commercial
  • Industrial

Commercial construction segment acquired largest market share of 43.7% in 2017 on the back of large construction projects taken up in the region that some of the sites have achieved top position in global ranking. Commercial construction is followed by industrial construction, growing at a CAGR of 5.0% over the forecast period.

By Materials

  • Concrete Admixture
  • Thermal and Moisture materials
  • Paints and Coatings
  • Adhesives and Construction chemicals
  • Surface and Flooring Treatments
  • Others

By Geography

  • Saudi Arabia Construction Chemicals Market {Market Share (%), Market Size (USD Billion)}
  • Qatar Construction Chemicals Market {Market Share (%), Market Size (USD Billion)}
  • UAE Construction Chemicals Market {Market Share (%), Market Size (USD Billion)}
  • Oman Construction Chemicals Market {Market Share (%), Market Size (USD Billion)}
  • Kuwait Construction Chemicals Market {Market Share (%), Market Size (USD Billion)}
  • Bahrain Construction Chemicals Market {Market Share (%), Market Size (USD Billion)}

Based on geography, Saudi Arabia region accounted for largest market share of 27.4% in 2017 followed by UAE, Qatar and Oman. The rising investments in infrastructure, tourism and other industries on the back of declining oil and gas industry in future are increasing the application of construction chemicals in the region.

Covered In This GCC Construction Chemicals Industry Report

The report covers the present ground scenario and the future growth prospects of the construction chemicals market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the GCC region.

GCC Construction Chemicals Market Report 2017-2025, has been prepared based on an in-depth market analysis from farm market experts. The report covers the competitive landscape and current position of major players in the GCC construction chemicals market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “GCC Construction Chemicals Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Our GCC construction chemicals market report comprises of the following companies as the key players: BASF, Henkel, H.B. Fuller, Sika, 3M, Dow, Hernon Manufacturing, Pidilite, Construction Material Chemical Industries (CMCI), Al-Jazea, etc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the farm market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this GCC Construction Chemicals Market Report

  • What is the total market size by 2025 and what would be the expected growth rate of market?
  • What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

Reasons to buy this market study

  • Facilitate decision-making based on strong historic and forecast data for GCC construction chemicals market
  • Develop strategies based on the latest regulatory framework
  • Position yourself to gain the maximum advantage of the GCC construction chemicals market’s growth potential
  • Identify key partners and business development avenues across the globe
  • Respond to your competitors’ business structure, strategy and prospects

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GCC Construction Chemical Market Report: Share, SWOT Analysis, Industry Segmentation, Growth Drivers, Demand Analysis & Future Forecast 2017-2025

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

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