MarkNtel Advisors recently published a report, titled, ” GCC Construction Chemicals Market By Type (Concrete Admixtures, Waterproofing Chemicals, Adhesives and Sealants, Flooring Compounds, Repair and Rehabilitation, Protective Coatings, Others), By End User (Infrastructure [Roads and Bridges, Railways, Metros, Airports, Water Reservoirs, Energy], Other. As per as the report The GCC Construction Chemicals Market is projected to grow at a CAGR of around 15% during the forecast period, i.e., 2021-26.
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Key Drivers
New Constructions & Repairs of Existing Structures to Drive the GCC Construction Chemicals Market –The burgeoning number of construction activities under the prime focus on infrastructure development across the GCC region is anticipated to display an increasing demand for construction chemicals in the coming years to suffice the requirements at these projects & also for the repairs & rehabilitation of existing structures. This rising number of construction activities is propelling the demand for cement & directly impacting the need for chemicals like adhesives & sealants, concrete admixtures, cement additives, etc.
Moreover, with the introduction of new products & improvements in the existing construction chemicals, with benefits like performance & endurance of structures, reducing corrosion, etc., the market shall further observe growth.
Leading Companies in GCC Construction Chemicals Market:
BASF Middle East LLC, Middle East Fosroc, Sika GCC, DOW Menat, Chryso Gulf, Saudi Basic Industries Corporation (SABIC), GCP Applied Technologies Inc., Henkel Arabia, Jotun Saudia Co. Ltd., DOW Menat.
GCC Construction Chemicals Market Segmentation:
By Type
-Concrete Admixtures
-Waterproofing Chemicals
-Adhesives and Sealants
-Flooring Compounds
-Repair and Rehabilitation
-Protective Coatings
-Others
By End-User
-Infrastructure
-Roads and Bridges
-Railways
-Metros
-Airports
-Water Reservoirs
-Energy
-Commercial
-Office Space
Rentals
-Education Institutions
-Hospitals
-Hotels
-Industrial
-Cement
-Iron and Steel
-Capital Goods
-Automobiles
-Pharmaceuticals
Paper
-Petrochemicals
-Food and Beverages
-Residential
-Elite Housing
-Middle Class
-Low-Cost Housing
-Public Space
-Government Building
-Statues and Monuments
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By Country
-UAE
-Saudi Arabia
-Bahrain
-Oman
-Qatar
-Kuwait.
Key questions answered in the GCC Construction Chemicals Market are:
•What is GCC Construction Chemicals Market?
•What was the market size in 2023?
•What is the growth rate of the GCC Construction Chemicals Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the GCC Construction Chemicals Market?
•What segments are covered in the Market?
•Who are the key players in the GCC Construction Chemicals Market?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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