The Egypt construction chemicals market was valued at $283.2 million in 2019, and is projected to reach $444.5 million by 2027, growing at a CAGR of 7.6% from 2020 to 2027.
Construction chemicals are chemical formulations that are added to concrete and mortar to improve the compatibility with structure of buildings. Moreover, they enhance the properties of concrete such as durability, surface finish, and compressive strength. These chemicals are known for reducing water and cement quantities in concrete during the construction. They are majorly used in residential, commercial, infrastructural, and industrial applications. These chemicals majorly include concrete admixture, waterproofing & roofing chemicals, adhesive & sealants repair, flooring chemicals, asphalt modifiers, protective coatings, and others.
Construction chemicals are utilized in the construction industry for several applications such as residential, construction, infrastructure repair, commercial & industrial construction, and others. The growing construction industry is therefore having a positive impact on the growth of the market for construction chemicals. Increase in urbanization and infrastructural development is driving the growth of the construction industry in Egypt, thereby, fueling the demand for building chemicals. The emergence of megacities in Egypt also offers scope for the use of building chemicals. Furthermore, increase in residential housing projects and rise in investment in the development of infrastructure are considered key drivers of this market. However, the lack of awareness of construction chemicals is expected to hinder the growth of the Egyptian market for construction chemicals. Rise in trend for energy-efficient buildings and sustainable infrastructure and construction repair activities in coming years are expected to create new growth opportunities during the assessment period.
The Egypt construction chemicals market is segmented on the basis of product type and application. Depending on product type, the market is categorized into concrete admixtures, waterproofing & roofing chemicals, protective coatings, adhesives & sealants, industrial flooring, asphalt additives, repair & rehabilitation, and others. On the basis of application, it is divided into residential, industrial & commercial, and infrastructure.
The major Key players operating in the market include BASF SE, CMB - Chemicals for Modern Building, EAMic Ltd, Hemts Construction Chemicals, NCC X-Calibur, Innova Priority Solution, Polymar-EG, Prokem Specialty Chemicals, Sika Egypt for Construction Chemicals, and United Paints and Chemicals Drymix S.A.E.
IMPACT OF COVID-19 ON THE EGYPT CONSTRUCTION CHEMicALS MARKET
Construction chemicals are chemical formulations that are added to concrete and mortar to improve the compatibility with structure of buildings. Moreover, they enhance the properties of concrete such as durability, surface finish, and compressive strength. These chemicals are known for reducing water and cement quantities in concrete during the construction. They are majorly used in residential, commercial, infrastructural, and industrial applications. These chemicals majorly include concrete admixture, waterproofing & roofing chemicals, adhesive & sealants repair, flooring chemicals, asphalt modifiers, protective coatings, and others.
Construction chemicals are utilized in the construction industry for several applications such as residential, construction, infrastructure repair, commercial & industrial construction, and others. The growing construction industry is therefore having a positive impact on the growth of the market for construction chemicals. Increase in urbanization and infrastructural development is driving the growth of the construction industry in Egypt, thereby, fueling the demand for building chemicals. The emergence of megacities in Egypt also offers scope for the use of building chemicals. Furthermore, increase in residential housing projects and rise in investment in the development of infrastructure are considered key drivers of this market. However, the lack of awareness of construction chemicals is expected to hinder the growth of the Egyptian market for construction chemicals. Rise in trend for energy-efficient buildings and sustainable infrastructure and construction repair activities in coming years are expected to create new growth opportunities during the assessment period.
The Egypt construction chemicals market is segmented on the basis of product type and application. Depending on product type, the market is categorized into concrete admixtures, waterproofing & roofing chemicals, protective coatings, adhesives & sealants, industrial flooring, asphalt additives, repair & rehabilitation, and others. On the basis of application, it is divided into residential, industrial & commercial, and infrastructure.
The major Key players operating in the market include BASF SE, CMB - Chemicals for Modern Building, EAMic Ltd, Hemts Construction Chemicals, NCC X-Calibur, Innova Priority Solution, Polymar-EG, Prokem Specialty Chemicals, Sika Egypt for Construction Chemicals, and United Paints and Chemicals Drymix S.A.E.
Key Benefits for Stakeholders
- The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the Egypt construction chemicals market from 2019 to 2027 to determine the prevailing opportunities.
- A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
- Estimations and forecast are based on factors impacting the market growth, in terms of both value and volume.
- Profiles of leading players operating in the market are provided to understand the competitive scenario.
- The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.
IMPACT OF COVID-19 ON THE EGYPT CONSTRUCTION CHEMicALS MARKET
- The outbreak of COVID-19 has negatively impacted various industries and countries.
- Owing to the lockdown imposed, decrease in the growth rate of the industries such as construction & building, transportation, oil & gas, and energy sectors has been witnessed.
- This has further declined the need for construction chemicals, which, in turn, is expected to hamper the growth of the Egypt construction chemicals market in the next one year.
- Construction chemicals play major role in construction applications, however, due to the ongoing pandemic there is huge impact on the industries such as residential, industrial & commercial, infrastructure, and others, which in turn affected the market for Egypt construction chemicals.
Key Market Segments
- By Product Type
- Concrete Admixtures
- Waterproofing and Roofing Chemicals
- Protective Coatings
- Adhesives and Sealants
- Industrial Flooring
- Asphalt Additives
- Repair and Rehabilitation
- Others
- By Application
- Residential
- Industrial and Commercial
- Infrastructure
Key market players
- BASF SE
- CMB - Chemicals for Modern Building
- EAMic Ltd
- Hemts Construction Chemicals
- NCC X-Calibur
- Innova Priority Solution
- Polymar-EG
- Prokem specialty chemicals
- Sika Egypt for Constrcution Chemicals
- United Paints and Chemicals Drymix S.A.E
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: EGYPT CONSTRUCTION CHEMicALS MARKET, BY PRODUCT TYPE
CHAPTER 5: EGYPT CONSTRUCTION CHEMicALS MARKET, BY APPLICATION
CHAPTER 6: COMPETITIVE LANDSCAPE
CHAPTER 7: COMPANY PROFILES
List of Tables
List of Figures
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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