Construction Chemicals Market

Key regional trends observed in the global construction chemicals market

North America- Demand for higher value product offerings

Demand for construction chemicals is pre-dominantly higher in North America over the past decade. The penetration of concrete admixtures is significantly higher in the U.S. and Canada as compared to that in countries such as in Asia Pacific and Middle East & Africa regions.

Over the recent past, the demand for higher value products or value-added offerings including protective coatings, and concrete admixtures have witnessed a steady growth in the region as compared to that for some of the other commodity products. This is due to the fact that construction industry in the region needs to adhere to ever-stringent standards, environmental regulations and codes governing construction activities in the region.

Latin America- Capacity additions: Acquisition of local players

Over the recent past, leading construction chemicals manufacturers have focused on strengthening their presence in Latin American countries so that they can address the demand for construction chemicals especially from mining industry and from infrastructure sector in the region. Such acquisitions help gain in accessing the established customer base and moreover, strengthen the product portfolio.

Western Europe- Regulations driving innovations

Strict environmental regulations imposed in major markets such as North America and Europe limits the amount of VOC content in coating products. This has forced coating manufacturers to go green and adopt sustainability as their agenda. Manufacturers are infusing high investments in research aimed at developing new and innovative products to be offered at a reduced cost, while adhering to regulatory guidelines.

APEJ- Capacity expansion and new capacity additions

In order to cater to the increasing demand for construction chemicals and to strengthen their footprints, especially in developing countries in Asia Pacific region, namely, Cambodia, Vietnam, and Indonesia, among others, major global construction chemicals manufacturers have channelized efforts towards capacity expansions and new capacity additions in above mentioned countries.