Construction chemicals market growth is driven by fast-growing construction sector and complicated contemporary infrastructure demands. Asia Pacific dominates construction chemicals. Due of India and China's booming building industries. India Brand Equity Foundation (IBEF), part of the Department of Commerce, Ministry of Commerce and business, Government of India, predicts a US$5 billion building business by 2020. Government programs and international funding have also boosted the building chemicals business. Silver Spring Capital Management, Altico Capital, The Construction Industry Development Board of Malaysia, and others are investing in India's infrastructure. This fosters market expansion.
Key Competitors in the Construction Chemicals industry:
1. Pidilite Industries
Pidilite Industries founded in 1959 and its headquarter in Andheri India. The company operates in 70 countries.
2. BASF SE
BASF SE founded in 1865, with its headquarters in Ludwigshafen, Germany.With businesses in over 91 countries.. 2019 BASF had sold MBCC to the financial investor Lone Star
3. RPM International Inc
RPM International Inc was launch in 1947 and it’s headquarter located in Medina, Ohio, United States.it operate over 24 country .
4 Sika A.G.
Sika A.G. was launch in 2010 and it’s headquarter located in Baar, Switzerland.it operate over 101 country .
5. The Dow Chemical Company.
The Dow Chemical Company founded in 1897, and it’s located in Midland, Michigan, United States. The company operates in 150 countries. Dow India has inked a joint venture agreement with state-run Gujarat Alkalies and Chemicals6 Ashland Inc
Ashland Inc was launch 1970 and its headquarter Breda the Netherlands. .it operate over 60 country.
6. Arkema S.A.
Arkema S.A., founded in 2004, with its headquarters in Colombes, France.With businesses in over 55 countries.
*Definition- Construction chemicals are additives that are used with concrete, cement, and other construction materials to provide additional durability and workability to various structures.
