Growth in Infrastructure Sector, surge in Real Estate Construction and Increasing Awareness for Construction Chemicals to Foray Market Growth: Ken Research

Construction sector in India is a major growth driver for construction chemical market in India with majority of the demand coming from large housing project, infrastructure development and setting up of new manufacturing units. Construction chemicals accounts for nearly 2-5% of the project cost but the benefits realized are far more than the increase in the cost of the project. Present levels of urban infrastructure are inadequate to meet the demands of the existing urban population. Future cities of India will require smart real estate and urban infrastructure. 50% of the demand for construction activity in India comes from the infrastructure sector; the rest comes from industrial activities, residential and commercial development and other developments. The Indian construction industry (infrastructure and real estate) was valued at over USD 156.7 billion in 2015 with bright prospects for the future as well. During the 12^th five year plan, USD 1trillion of infrastructure investment is projected to take place in India.

During the period 2008-2012, approximately 182 luxury housing projects which were comprised with 25,570 units were launched in top seven metro cities. Increase in number of high net worth individuals is expected to further drive the demand for luxury housing. With growing investment in infrastructure, it is expected that the usage of construction chemical will increase as these structures are executed by expert engineers who have full knowledge of benefits offered by use of construction chemical. Increased demand for cement will drive the growth of concrete admixture, repair and rehabilitation chemicals and thus develop the base for consumption of flooring compounds.

With global construction and manufacturing players entering the market, the awareness and the demand for internationally proven products and solutions are set to increase. Major Indian players will also follow suit as these proven technologies work and are going to become the norm. Great deal of discussion on the need of construction chemicals and proven concrete and waterproofing technologies were held in last few years. Think tanks and industry veterans came together to highlight the importance of construction chemical and related technologies through industry meets.

Construction chemical companies in India should create dealer network, engage existing dealers in cement and paint business or hardware dealers to promote sales. Moreover, though there are adequate training facilities to provide training in field related to civil and chemical application work, there is need to create training facilities that can club both civil and chemical expertise for safe use of construction chemicals. Government has to actively participate to create laws that can help construction chemical to gain more market as these chemicals ensure low energy and material consumption during construction, according to Research Analyst, Ken Research.

The report titled “India Construction Chemicals Market Outlook to 2020” provides detailed overview on the construction chemicals market in India and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for construction chemical companies, construction companies, chemical suppliers and retailer, Manufacturer and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

For more information about the publication, refer to the below link:

https://www.kenresearch.com/manufacturing-and-construction/construction-materials/india-construction-chemical-report/55721-97.html

Contact:

Ken Research

Ankur Gupta, Head Marketing & Communications

query@kenresearch.com

+91-124-4230204

Price Competitiveness in Furniture Industry in the UK lead Demand for Bedroom Furniture: Ken Research

• The bedroom furniture market has showcased 2.3% growth in 2015 in the UK.
• Replacement of old furniture is most on demand.

Ken Research has announced latest publication on, "Bedroom Furniture" which highlight market analysis for past, present and future outlook of the market. It discusses market size in value and volume in the UK bedroom furniture market. Report also highlights major retailer’s profile and consumer data. Report is useful for the manufacturers, retailers and policy makers to understand market potential and growth opportunities. Consumer behaviour analysis helps to understand target group and spending habits.

In the UK people generally look for replacement of old furniture to maximize the benefit of buying a new furniture. According to study almost 62% buyer prefer to replace old or unwanted furniture. Additionally, this is highly price sensitive market which benefits consumers and encourage them to look for new furniture. Many new retailers have entered in the UK bedroom furniture sector in recent years. Mattresses lead the category in terms of advancement of the product. However dressing tables are going off the shelf with falling demand year on year due to lack of space and advancement in interior designs.

With rising awareness people interest is turning towards health benefits even while making purchase decision for bedroom furniture. Majorly mattresses are on demand which is recommended for back pain and accurate body posture.

Technical advancement has been witnessed in the bedroom furniture market with the introduction of smart apps to monitor your sleep cycle. Smart pillows have been launched to track movements in the night while sleeping, to help you to identify your snoring, in built speakers to give relaxation while sleeping and introduced nap pods.

Key players covered in the report:

• Argos
• Bensons
• Dreams
• Homebase
• IKEA
• John Lewis
• Marks and Spencer
• Next
• Tesco

To know more on coverage, click on the link below:

https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/bedroom-furniture/54121-95.html

Related Reports:

https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/dining-furniture/48926-95.html

Contact:

Ken Research

Ankur Gupta, Head Marketing & Communications

query@kenresearch.com

+91-124-4230204

India Alternative Medicines & Herbal Products Market Outlook to 2021 : Ken Research

The report titled, “India Alternative Medicines & Herbal Products Market Outlook to 2021 - Herbal Medicines and Herbal Skin Care Products to Drive Market Growth” provides a comprehensive analysis of herbal products market in India. The report focuses on Alternative medicines, which includes AYUSH medicines and herbal products. Herbal products category includes the detail study about herbal hair care market, herbal skin care market, herbal oral care, herbal Chyawanprash, herbal balm and herbal digestives. Additionally, the report also covers sub segmentation for each herbal products market in India. The report covers recent trends and developments in India alternative and herbal products market. Market positioning of major players in the industry has been discussed with detailed company profiles. The report also includes SWOT analysis and Porters five forces model. The future outlook and projections for India alternative medicines and herbal products has been covered in the publication. The report also serves as a benchmark for every new player which is seeking to enter into alternative medicines and herbal products market and what should be the focus and USP for that new player.

India Alternative Medicines Market
The alternative medicines market includes ayurveda, unani, homeopathy and siddha systems of medicines. The market has increased from INR ~ billion in FY’2011 to INR ~ billion in FY’2016 growing at a CAGR of ~% during FY’2011-FY’2016. With strong government support and rising prevalence of lifestyle diseases among the population in India, the demand for alternative medicines has consistently enhanced. The alternative medicines do not have any side effects and can be consumed daily for preventions from various diseases. Moreover, the strong government support and number of players entering in this segment has also contributed to the growth of the sector. Government along with AYUSH ministry has opened number of AYUSH institutes and AYUSH yoga institutes in various parts of the country. This has positively influenced the market. Some of the major players which have concentrated the market include Dabur, Himalaya drug company, Patanjali and others.

Herbal Products
Herbal products market includes herbal skin care products, herbal hair care products, herbal balms, herbal oral care and digestives. The market for herbal products has increased from INR ~ billion in FY’2011 to INR ~ billion in FY’2016, growing at a CAGR of ~% during the period. The huge marketing and promotional activities by the herbal companies and rising awareness about benefits of using herbal products has accelerated the size of the industry.
Indian herbal hair care market has evolved as a potential market with the presence of companies such as Dabur, Himalaya and Patanjali which primarily focuses on natural products that have been increasingly penetrated in the market. The herbal hair care market has increased at a CAGR of ~% during the period FY’2011-FY’2016, with revenues accounted at INR ~ million during FY’2016. Herbal hair care market is dominated by herbal oil with the revenues contribution of ~% during FY’2016.
The herbal skin care business has been the new growth frontier in the cosmetics segment in India. Rising awareness about the benefits of using herbal skin care products has pushed the demand for skin care products. Herbal skin market has increased from INR ~ million in FY’2011 to INR ~ Million in FY’2016. Herbal skin market is dominated by herbal face wash market with the market share of ~% in FY’2016.
According to Research Analyst, Ken Research The demand for herbal toothpastes has augmented in the country in the recent years. The herbal toothpaste contains extract from mint, neem, basil, cinnamon, clove and several other herbs. Moreover, the growing issues in oral health care in India such as cavities especially among children, gum swelling, gum bleeding and others has aided the growth for the demand of herbal oral care market in India. The market has grown from INR ~ million in FY’2011 to INR ~ million during FY’2016
The balm market in India has witnessed a robust growth rate in the past few years 2010-2015 The Balm market has augmented at a CAGR of ~% during FY’2011 to FY’2016. The market is dominated by Zandu balm. The penetration of balm is higher in both rural and urban areas. Balms have the penetration of 32% in India in 2015, indicating the huge opportunities for this potential market.
The rich and traditional cuisines of India are famous across the globe. The recipes which are rich in spices and oil are the major reason for indigestion, acidity and gastric problems. This has triggered the size of the digestive medicines market. The market has grown from INR ~million in FY’2011 to INR ~ million in FY’2016.
The Chyawanprash market has grown at a CAGR of ~% during the period FY’2011 to FY’2016, with revenues been evaluated at INR ~ million during FY’2016. The market is majorly driven by the increasing health issues especially in children and old age population in the country.
Future Potential
India Alternative medicine & herbal products is expected to rise at a CAGR of ~% during the period FY’2017-FY’2021 with revenues been expected to register at INR ~ billion during FY’2021. The rising awareness about the harmful effects of chemical used in cosmetics will trigger the demand of herbal cosmetics especially skin care & hair care products in coming future. The demand for herbal hair care products is expected to increase in the coming years with a greater focus on natural products especially among the female segment of the population. Rising awareness, attractive marketing and promotional strategies adopted by popular brands such as Dabur, Himalaya will likely to drive the sales for herbal hair care products in India in the coming years. according to Research Analyst, Ken Research.
Key Topics Covered in the Report:

• Herbal Products Market
• India Ayurvedic Medicine Market
• Herbal Products Industry Trends
• Herbal Hair Oil Market
• Chyawanprash Market Dabur
• Ayurvedic Herbs Products Industry
• India herbal medicine manufacturers
• Indian herbal industry
• Market Potential Ayurvedic Medicine
• Herbal Supplements Remedies Market
• Herbal Beauty Products Industry
• Homeopathy Medicine Market
• Herbal Products Exports
• Annual Market Sales Herbal Natural Products
• Organic Beauty Market
• Herbal Brands in India
• Yoga Wellness Centres Market

For more information about the publication refer to below link:
https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/india-herbal-products-market/55358-95.html
Related Reports:
Company Profile of Patanjali Ayurved Limited - New Product Pipeline and Brand Image to Drive Company Growth
US Hair Care Market Outlook to 2020 - Natural Ingredients and Multi-Cultural Products to Drive Future
India Toothbrush Market Outlook to 2020 - Rising Awareness for Oral Care and Premiumization of Products to Drive Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Car Seats to Drive Demand for UK Baby Equipment Market: Ken Research

Ken Research has announced latest publication on, "Baby Equipment" which gives detailed insights on UK baby equipments market by value and volume. The research report discusses present and future analysis of the industry considering major trends, consumer behaviour, challenges and demand. The report covers baby equipment including care & feeding, prams & buggies, safety and travel. The report highlights consumer shopping behaviour, birth rate in the country to interpret demand, competitive scenario and more.

 Despite of economy slump the baby equipment market has showcased stability in demand in the UK driven by child safety norms, convenience and parent’s awareness. Birth rate fell in 2013 which affected baby equipment demand in the same year however future outlook is positive with awareness of people to give birth to child in accurate age, working female population and economy to settle in coming years. Additionally, government has issued safety guidelines for travel which are boosting baby car seat and pram demand.

With the awareness of E-commerce, price war is intense between brick and mortal retailers and E-commerce retailers. Rising number of Smart phone users, broadband adoption rate and inconvenience in travelling with infants has supported E-commerce sales of baby care products. Considering child safety in 2015 the UK Government announced new requirements on side impact protection for car seats. Many new parents are looking to buy the car seats which fit under the new safety norm.

The UK is struggling with low birth rate and as per the statistics birth rates have fallen from 2012-2014 which is a concern. Additionally there is a slight rise in the average age of mothers which is a major cause of low birth rate. With rising awareness and government efforts it is expected that brith rate will not witness more fluctuations and this will support the baby care and equipment market.

The baby equipment report offers a comprehensive insight into the baby equipment market and its sub-sectors, including overall baby equipment, care & feeding, prams & buggies, safety and travel. The report analyses the market, the major players, consumer shopping habits and the main trends.

The report covers following products:

Baby Equipment, Prams, Pushchairs, Feeding equipment, Melamine dinnerware, Melamine Drinkware, High chairs, Stair gates, Fireguards, Baby monitor, Playpen, Car Seat, Baby Carrier, Travel Accessories, Fashionabiltiy, Prams & Buggies, Care & Feeding equipments

Following companies have been covered:

• Mothercare
• Argos
• Kiddicare
• Asda
• Mamas & Papas
• Tesco
• John Lewis
• Amazon
• Babies R Us.

To know more on coverage, click on the link below:

https://www.kenresearch.com/consumer-products-and-retail/baby-care/baby-equipment/54122-95.html

Related Reports:

https://www.kenresearch.com/consumer-products-and-retail/baby-care/baby-food-egypt/55132-95.html

https://www.kenresearch.com/consumer-products-and-retail/baby-care/baby-food-peru/54092-95.html

Contact:

Ken Research

Ankur Gupta, Head Marketing & Communications

query@kenresearch.com

+91-124-4230204

Rising Awareness about Harmful Effects of Chemical based products and Increasing Government Support to Promote Ayurvedic and Herbal Products will Fuel Market Growth: Ken Research

·         Dabur, Patanjali, Himalaya and Emami are anticipated to dominate the market space for Alternative medicines and herbal products in the near future

·         Digestive remedies will continue to be a major growth segment in the coming years owing to the inherent Indian habits which act as a stimulant for the necessity of these remedies.

Ken Research announced its latest publication on “India Alternative Medicines & Herbal Products Market Outlook to 2021 - Herbal Medicines and Herbal Skin Care Products to Drive Market Growth” which provides a comprehensive analysis of herbal products market in India. The report focuses on Alternative medicines, which includes AYUSH medicines and herbal products. Herbal products category includes the detail study about herbal hair care market, herbal skin care market, herbal oral care, herbal Chyawanprash, herbal balm and herbal digestives. Additionally, the report also covers sub segmentation for each herbal products market in India. The report covers recent trends and developments in India alternative and herbal products market. Market positioning of major players in the industry has been discussed with detailed company profiles. The report also includes SWOT analysis and Porters five forces model. The future outlook and projections for India alternative medicines and herbal products has been covered in the publication. The report also serves as a benchmark for every new player which is seeking to enter into alternative medicines and herbal products market and what should be the focus and USP for that new player, according to Research Analyst, Ken Research.

Government is expected to increase its AYUSH budget to INR 25.5 billion by FY’2021, which will boost the size of the industry. To support various AYUSH institutions across the country, a total of INR 266 crore has been given while INR 447 crore is allocated for research and development. The growing investment by the government and private players in developing herbal medicines based on traditional texts which would help in curing specific diseases such as flu, gastrointestinal ailments and life threatening diseases such as tuberculosis, cancer and others would impel the growth of herbal medicine market in the years ahead. Rising prevalence of life style diseases in the country such as diabetes, obesity, heart diseases and others will tend to increase the demand of preventive medicines. Stressful lifestyle and increasing human diseases have led to increase in consciousness among people to remain healthy and maintain a work life balance. Additionally, Booming male grooming industry in the country will surge the demand of herbal products especially products made for male customers. The companies will focus on all categories of men’s personal care products. Expanding product lines of herbal product portfolio will also boost the size of the herbal products industry in coming future.

The alternative medicines market will also grow at a robust rate in the coming future. Use of herbal medicines for therapeutic & preventive purpose is forecasted to increase in the coming years. Rising awareness, greater marketing and promotional strategies adopted by popular brands such as Dabur, Himalaya is likely to drive the sales of herbal hair care products in India in the future.

The companies are continuously focusing on introducing wide range of creams from herbal massage cream to sunscreens which will accelerate the demand. The growth in the male grooming segment in the country will positively impact the skin care market. The companies such as Himalaya Drug Company, Emami and Patanjali have plans to launch the complete herbal skin care range for male customers.

It has been anticipated that the digestive remedies market will become more popular in coming future due to the unhealthy diets, stressful lifestyle, growing elderly population and greater awareness of digestive conditions. Also, it has been anticipated that the changing demographics and rising old age population in the country will drive the growth of the digestive remedies market.

The companies offering herbal products should focus on distribution channel. Majority of the population in the country is living in rural areas. The penetration of herbal products is low in these areas. The companies can increase their distribution channel by increasing their direct and sub distributor which are selling the products in the rural areas. Also, the companies can strategically promote their products in the market by organizing free health check up camps, yoga camps and others. Government should set up standardization measures for herbal products and alternative medicines, according to Research Analyst, Ken Research.

Key Topics Covered in the Report:

·         India Alternative medicines & herbal products market

·         Market Segmentation by Alternative medicines and herbal products

·         India Alternative medicines market Size

·         India Herbal products market size and market segmentation by types of products

·         India Herbal hair care products market size and market share by companies

·         India Herbal skin care products market size and market share by companies

·         India Herbal oral care products market size and market share by companies

·         India Herbal Chyawanprash market size and market share by companies

·         India Herbal balm market Size and market share by companies

·         India Herbal digestive market size and Market share by companies

·         Trade Scenario of India Alternative Medicines & Herbal Products

·         Government roles in India Alternative Medicines & Herbal Products

·         Trends and Development and Issues & Challenges

·         SWOT Analysis and Porters five forces Analysis

·         Future Outlook

·         Analyst Recommendations

Companies Covered in the Report

Dabur limited

Patanjali

Himalaya Drug Company

Emami limited

Marico

Baidyanath

Products Covered in the Report

Herbal Medicines

Herbal Hair Care

Herbal Shampoo

Herbal Face Wash

Herbal Oil

Herbal Toothpaste

Herbal Digestives

Herbal Balm

Chyawanprash

For more information about the publication refer to below link:
https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/india-herbal-products-market/55358-95.html

Related Reports:

Company Profile of Patanjali Ayurved Limited - New Product Pipeline and Brand Image to Drive Company Growth

US Hair Care Market Outlook to 2020 - Natural Ingredients and Multi-Cultural Products to Drive Future

India Toothbrush Market Outlook to 2020 - Rising Awareness for Oral Care and Premiumization of Products to Drive Growth

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Global Demand for Concrete Admixture, Waterproofing Chemicals and Flooring Compounds in Construction Chemical Market to Increase in Future : Ken Research

Increased demand of vehicles has created additional demand for parking space. Most parking space floors were artificially developed using polyurethane flooring. Private vehicles in China registered CAGR of 20.1% in 2010-2014, which clearly advocates the necessity to make more parking spaces in China consequently increasing the demand for polyurethane based flooring.

Market for sealants, adhesives will rise however demand for grouting may remain stagnant or may register slower growth due to decline in manufacturing sector and infrastructure development. However any progress in precast concrete construction development will boost the market unexpectedly. Demand for resin and protective coating will remain almost stagnant. Akzonobel, RPM Inc, BASF, PPG industries, Valspar are some major coating companies in the world. With rising demand for better quality finish and to give durability to the construction, the demand for sealants has gained importance. They are also important from cost saving purpose as they develop base for more expensive exteriors. Protective coatings are used to prevent the concrete and iron structures from damages and are applied before the final paint is done. These are also used to repair cracks in plaster and to avoid cracking of paints. In steel structures they are used in corrosion protection.

Demand for resins in construction chemical was mainly driven to provide strength and durability to the construction chemicals. They are used in combination with other chemicals to provide additional strength to construction chemical. Dow chemical, BASF, Dupont and Reliance are some of the major resin manufacturers in the world.

BASF continued its dominance in global concrete admixture business which is major source of its revenue in from construction chemical in 2015. They add value for customer in concrete manufacturing, cement and underground construction industries.

MUHU is a leading manufacturer of concrete admixtures. The company produces over 70 products, including high range water reducers, set accelerators, set retarders, anti-freezing products, coatings, adhesives, water-proofing materials etc.

US dominated the market in terms of revenue generation in Americas region. High investment in infrastructure, residential and commercial space development which is necessary to support high economic activity and GDP drives the demand. Construction activity in Brazil was significant in 2015 as preparation for Rio Olympics were in full swing but overall economy registered a downturn which is expected to drive the demand down in the coming years.

Companies focus to acquire existing family owned business that specializes in particular product or have greater market share in region. This gives easy access to well establish sales network to acquiring firms who can promote other related products as most of small family owned businesses specialize in individual products whereas global firms have range of products to offer.

For more information on the market research report please refer to the below link:

https://www.kenresearch.com/manufacturing-and-construction/construction-materials/global-construction-chemical-market-report/55250-97.html

Contact:Ken Research 
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com+91-124-4230204

Global Construction Chemical Market Outlook To 2020: Ken Research

What is the Potential of Global Construction chemical Market?

Construction chemical are those chemical compounds which are used in construction activities to provide added features and to meet latest technological demand for modern design and requirements. They are used primarily for residential, commercial building, and infrastructure construction. Globally construction chemical generated revenue of USD ~ billion in 2015 registering a CAGR of ~% in 2010-2015. Demand for construction chemical was mainly driven by increased investment in developing infrastructure and real estate for rising urban population. Market is largely driven by institutional sales which consumes majority of construction chemical produced.

Construction of new infrastructure in developing economies, repair and rehabilitation and upgradation of existing infrastructure in developed economies were the key growth drivers for demand of construction chemical. Based on our estimates market is expected to generate revenue of USD ~ billion in 2020 growing at CAGR of ~% in 2016-2020. Increased demand from emerging economies and reviving western economies will drive the market in future. Companies will increase their global presence to gain larger market share in emerging economies by developing market which is either underdeveloped or still in its infancy. Middle East, Africa, South East, South Asia, Poland and Brazil are emerging markets.

Which Product Category has Dominated Global Construction Chemical market?

Concrete admixture is the most consumed construction chemical on the basis of revenue in USD. In 2015 it accounted for ~% of entire construction chemical market. Increased focus on precast technology. Increased use of Ready Mix Concrete (RMC) is other reason which has enlarged the usage of concrete admixture in the global market. It is mandatory to use admixture with RMC to retain fluidity and desired characteristic of concrete. BASF, Sika, W.R Grace, Mapei are some important concrete admixture compound in the world. ~ is leading producer in concrete admixture with an estimated market share of ~%. PCE based concrete admixtures are third generation admixtures which have recently developed as a new admixture category. Their usage is found where high water reduction capability is required to provide ultimate strength to concrete structure.

Water proofing compounds were ~ most used construction chemical compound in the global construction chemical market. In 2015 it accounted for ~% of revenue generated by sale of construction chemicals. Rising demand from end user segment such as housing, commercial construction, bridges, tunnels, dams and other infrastructure projects were responsible for the growth of water proofing compounds.

Flooring compounds of epoxy and polyurethane type together constitute ~% of market in terms of revenue in USD. Market was estimated at USD ~ billion in 2015. Market for flooring compounds is governed by demand from industrial segments especially airports, offices, retail spaces, manufacturing floors, hospitals, pharmaceutical companies, food and beverages industry, chemical industry, education and hospital buildings, car parking and others.

Repair and rehabilitation market was majorly dominated by demand from developed economies and account for ~% revenue generated from sale of construction chemical. Revenue generation from this segment was estimated at USD ~ billion.

Protective coating compounds have market share of ~% in 2015. Advantage to provide stability and structural integrity has made grouting an essential component of construction chemical market, generating revenue share of ~%. Market for adhesives and resins was estimated at USD ~ billion in 2015.

Regional Demand and Their Contribution to the Global Construction chemical Market

Asia Pacific was the largest consumer of construction chemicals in the world. Countries in Asia Pacific region together consume more than ~% of total construction chemical produced in the world. Major countries include China, Japan, Indonesia, South Korea, and India in terms of consumption of construction chemicals. These five countries together consume more than ~% construction chemical demand in the region. Market in China and Japan was dominated by domestic companies. Market in other region was dominated by both domestic and international players like Sika, BASF, Fosroc, Mapei and others. Regional players also play a very dominant role in all the regions of Asia Pacific.

Americas were the ~ largest region in terms of consumption of construction chemical in the world.  Majority of the construction chemical was consumed by ~ which is also the largest economy in the region. Demand in other countries like Brazil, Mexico and other emerging economies was on account of increased investment in developing public infrastructure. Major companies of the region include RPM Inc International, W.R.Grace, Ashland Inc and others.

Demand for construction chemical in Europe was mainly driven by construction of new infrastructure in emerging East European economies and repair, refurbishment and new construction in Western Europe.

What Have been the Major Trend in Indian Market?

Construction sector in India is a major growth driver for construction chemical market in India with majority of the demand coming from large housing project, infrastructure development and setting up of new manufacturing units. Construction chemicals accounts for nearly ~% of the project cost but the benefits realized are far more than the increase in the cost of the project. Cement consumption, growing investment in infrastructure and real estate, it is expected that the usage of construction chemical will increase. With global construction and manufacturing players entering the market, the awareness and the demand for internationally proven products and solutions are set to increase.

Anticipated Future Outlook For Indian Construction Chemical Market

The market for construction chemicals is likely to grow at a CAGR of ~% during the period 2016-2020 with expected revenues been posted at USD ~ million by 2020 Concrete admixture will continue to dominate the market in the coming years due to continuous surge in cement consumption.

Market Share and Competition in Global Construction Chemical Market

Market for construction chemical is dominated by Sika with Market share of ~% in 2015. BASF, Mapei, RPM International Inc, WR Grace were other major companies competing to the gain the larger market share in global construction chemical. Most of the major countries have domestic companies who enjoy a good market share. Different companies dominate the market with different products for example BASF is leader in concrete admixture market with share of ~% in 2015. Companies are trying to maximize their share by consolidating their business segments by merger acquisition and expansion. Different players are dominant in different regions. Domestic companies lead the market in developed economies and whereas foreign firms have major share in emerging economies. Market competition in China is totally different and is very fragmented market with no major domestic or international players.

Anticipated Future Outlook For Global Construction Chemical MArket

Based on our estimates market is expected to generate revenue of USD ~ billion in 2020 growing at CAGR of ~% in 2016-2020. Increased demand from emerging economies and reviving western economies will drive the market in future. Market may be negatively impacted by reduced government expenditure in China which is the largest market for construction chemicals. Companies will increase their global presence to gain larger market share in emerging economies by developing market which is either underdeveloped or still in its infancy. Rising Consumer awareness about the usage of construction chemicals and focus on retail sales by the companies can pose bright opportunity to the demand for construction chemicals globally.

Key Factors Considered in the Report

• Comprehensive analysis of Global Construction Chemicals Market and its segments
• Listed major players and their positioning in the market
• Identified major industry developments in last few years and assessed the future growth of the industry
• Construction Chemicals Market of Global Market with their Products

For more information about the Publication, refer to below link:

https://www.kenresearch.com/manufacturing-and-construction/construction-materials/global-construction-chemical-market-report/55250-97.html

Contact:
Ken Research 
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204