TechNavio recognizes the following companies as the key players in the Global Construction Chemicals Market: BASF SE, RPM International Inc., Sika AG, and W.R. Grace and Co.
Commenting on the report, an analyst from TechNavio’s team said: “Since the Global Construction Chemicals market is highly competitive, manufacturers are providing innovative solutions and are exploring new application areas for their existing range of products to stay ahead of the competition. Moreover, growing environmental and health concerns have led vendors to focus on the development of low-toxicity paints, adhesives, sealants, and coatings. The market for construction chemicals is witnessing increased expenditure on the R&D of new products and services. More research is being undertaken on the development of protective coatings and sealants for use in the harsh environments of industrial and commercial settings.”
According to the report, the effective use of construction chemicals in the Construction industry enhances the quality of construction and increases the durability of structures and buildings. The market is witnessing many growth drivers such as the increased demand for construction chemicals from the APAC region.
Further, the report states that one of the major challenges in this market is the increase in the lack of standardization in production and testing of construction chemicals.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-construction-chemicals-market-201…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report -Global Construction Chemicals Market 2014-2018
