UAE Construction Chemicals Market Analysis, 2021

Construction chemicals compose concrete, cement, or other construction materials to hold the construction material together. These chemicals enhance the strength & quality of the concrete, give water-tightness and protect the structures from reacting with environmental changes.

The UAE Construction Chemicals Market'' is likely to grow at a CAGR of around 7% during the forecast period, i.e., 2021-26, says the author. The growth primarily attributes to the surging demand for construction chemicals by various industries for infrastructural developments across different verticals. Besides, the rapid urbanization in the region to suffice the varying needs of the urban population and the rapidly increasing construction projects among residential, commercial, and industrial sectors are other crucial aspects likely to surge construction activities and fuel the overall market growth in the forecast period.

The research report, “UAE Construction Chemicals Market Analysis, 2021,” depicts a deep-dive market analysis of market statistics, including regional & country-wise market size, market forecast, CAGR & share of different market segments, competitive benchmarking, and key market drivers & restraints.

Covid-19 Severely Impacted the UAE Construction Chemicals Market

The outbreak of the Covid-19 pandemic brought several challenges for different industries across the world, and the UAE Construction Chemicals Market was no exception. With the increasing spread of the virus, the governments across UAE got compelled to impose lockdown and stringent movement restrictions, which further led to the immediate shut down of industries, massive economic loss, delays in reaching deadlines, supply chain disruptions, and project cancellations across the region.

However, with the gradual upliftment of lockdown & ease of norms entwined with observing the existing situation of the pandemic, the market shall regain its usual pace and build remunerative opportunities in the forecast period. Many construction projects are likely to resume, which shall normalize the business operations and create lucrative growth opportunities for the UAE Construction Chemicals Market during 2021-26.

Market Segmentation

Concrete Admixtures to Attain the Largest Share of the UAE Construction Chemicals Market

Based on the Type, The UAE Construction Chemicals Market segments into Concrete Admixtures, Waterproofing Chemicals, Adhesives & Sealants, Flooring Compounds, Repair & Rehabilitation, Protective Coatings, and Others. Of them all, the Concrete Admixture segment is more likely to attain the largest share in the forecast period. Concrete Admixtures enhance the properties of concrete, propelling the demand in construction activities for better setting time, low water-cement ratio, reduced segregation, etc. Therefore, there are burgeoning requirements for concrete mixtures across Abu Dhabi, Dubai, and Sharjah. Hence, the segment shall attain the largest share of the UAE Construction Chemicals Market in the forecast period.

Roads & Bridges to Witness the Fastest Growth in the UAE Construction Chemicals Market

Based on End-Users, the UAE Construction Chemicals Market bifurcates into 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 & Beverages) Residential (Elite Housing, Middle Class, Low-Cost Housing), Public Space (Government Building, Statues & Monuments). Here, Roads & Bridges of the Infrastructure segment are more likely to witness the fastest growth in the forecast period. The rapidly increasing urbanization is the prime factor propelling the need to construct roads & bridges for better connectivity & infrastructure in the UAE

Moreover, the market shall witness rapid growth due to the increasing disposable income & demand for better quality & high-end infrastructure for public use. The governments are massively investing in the market and taking several initiatives toward constructing numerous Bridges, Roads, Dams, Tunnels, etc. Hence, based on the aspects cited above, the segment is likely to witness rapid growth in the forecast period, states the author in their research report, “UAE Construction Chemicals Analysis, 2021.”

Market Driver

The most prominent factor driving the UAE Construction Chemicals Market is the burgeoning government policies intended to result in economic expansion in the region. Additionally, these policies also include numerous small & medium infrastructural projects. Besides, the goal is to utilize products that can provide rapid & permanent restoration of damages without wasting time and money. Since these factors are becoming increasingly crucial across the region, the UAE Construction Chemicals Market is likely to grow substantially in the forecast period.

Market Restraints

The major restraining growth factor of the UAE Construction Chemicals Market is the constantly changing weather, which can cause harm to human beings in the long run. However, producers are actively looking for safer alternatives to use construction chemicals in the coming years.

Regional Landscape

Abu Dhabi to Attain the Largest Share of the UAE Construction Chemicals Market

The UAE Construction Chemicals Market is expanding robustly where, amongst all regions, Abu Dhabi is more likely to attain a substantial market share in the forecast period. Primarily, rising urbanization with construction projects in both residential & non-residential sectors is supporting the market growth. Besides, owing to the increasing business travel, religious tourism, and sightseeing locations, the construction of hotels is increasing in Abu Dhabi, thereby positively impacting the UAE Construction Chemicals Market. Moreover, with the ongoing construction projects for the infrastructure development in the country, the government & prominent market players are making massive investments, thereby boosting the application of construction chemicals in Abu Dhabi. Hence, the aspects are likely to lead Abu Dhabi to attain a substantial share of the UAE Construction Chemicals Market in the forecast period.

Competitive Landscape

According to the publishers, the leading players in the UAE Construction Chemicals Market are BASF, East Fosroc, Sika UAE, DOW Menat, Saudi Basic Industries Corporation (SABIC), GCP Applied Technologies Inc., Henkel Arabia, Colmef Construction Chemical, Corrotech Construction Chemical.

Key Questions Answered in the Market Research Report:

1. What are the overall market statistics or estimates (Market Overview, Market Size- by Value, Forecast Numbers, Market Segmentation, and Market Shares) of the UAE Construction Chemicals Market?
2. What is the region-wise industry size, growth drivers, and challenges?
3. What are the key innovations, opportunities, current & future trends, and regulations in the UAE Construction Chemicals Market?
4. Who are the key competitors, their key strengths & weaknesses, and how they perform in the UAE Construction Chemicals Market based on a competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the UAE Construction Chemicals Market study?