Bahrain Construction Chemical Market Shipment Analysis
- Bahrain Construction Chemical Market registered a growth of 34.68% in value shipments in 2022 as compared to 2021 and a decrease of -10.65% CAGR in 2022 over a period of 2017. In Construction Chemical Market Bahrain is becoming more competitive as the HHI index in 2022 was 1317 while in 2017 it was 1963. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market
- Bahrain has reportedly relied more on imports to meet its growing demand in the Construction Chemical Market. India is unable to meet its increasing needs for this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of the Construction Chemical Market in 2022 was 1.8 while in 2017 it was 1.69. Germany, United Arab Emirates (UAE), Saudi Arabia, India, and China were among the top players in the market in 2022, where Germany acquired the largest market share of 18.9% with a shipment value of 3.31 million USD in 2022 Germany also offered the product above the average market price but remained at the leadership position indicating the trust it holds in the Construction Chemical Market. In 2017 United Arab Emirates (UAE) had the largest market share of 37.41% with a shipment value of 9.57 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although the United Arab Emirates (UAE) offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the Bahrain Construction Chemical Market in 2017.
- Bahrain Construction Chemical Market Synopsis
- Bahrain construction chemical market witnessed steady growth in 2018-2019 owing to the rising construction sector, for instance, building permits registering an increase of 4.2% for Q1 2019 as compared to Q1 2018 and issuing 192 building permits for projects worth $ 475 million in 2019 Q1. In 2020, construction chemicals were negatively impacted by the COVID-19 pandemic as a result of the complete lockdown brought into force by the government to prevent the spread of coronavirus which disrupted the supply chain, and manufacturing processes and put a halt to all construction activities across all the sectors. However, the market has returned to its pre-COVID growth trajectory owing to the resumption of all construction activities under the 2021 Economic Recovery.
Market by Product Types
Waterproofing & roofing garnered the maximum revenue share in Bahrain construction chemicals market during 2022 and would continue to lead the market in the forecast period, owing to rising demand for these solutions from several construction projects, such as the expansion projects for the International Airport, Bahrain metro project along with increasing investment for PPP projects for affordable housing.Market by Applications
Due to the construction of various residential projects in the country, such as the Vilamar Tower A, B & C of 54, 43 & 52 floors respectively, Hamala6, Hidd Heights, Spark, and Dar Tower, the residential domain captured the majority of revenue share in Bahrain construction chemicals market during 2022. Further, this segment is anticipated to acquire a significant share in the upcoming years as well on account of an investment of $684 million in a residential community project in the East Sitra region for the construction of 3,000 housing units combined with several other upcoming developments in this domain.Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 11 Years Market Numbers.
- Historical Data Starting from 2019 to 2022.
- Base Year: 2022
- Forecast Data until 2029.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Bahrain Construction Chemical Market Outlook
- Historical Data and Forecast of Bahrain Construction Chemical Revenues for the Period 2019 - 2029F
- Bahrain Construction Chemical Market Trend Evolution
- Bahrain Construction Chemical Market Drivers and Restraints
- Bahrain Construction Chemical Porter's Five Forces
- Bahrain Construction Chemical Industry Life Cycle
- Historical Data and Forecast of Bahrain Construction Chemical Market Revenues By Product Types for the Period 2019 - 2029F
- Historical Data and Forecast of Bahrain Construction Chemical Market Revenues By Application for the Period 2019 - 2029F
- Key Performance Indicators
- Market Opportunity Assessment
- Bahrain Construction Chemical Market Company Ranking
- Bahrain Construction Chemical Competitive Benchmarking By Technical and Operational Parameters
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:By Product Types
- Concrete Admixtures
- Water Proofing and Roofing
- Repair
- Flooring
- Sealants and Adhesives
- Others (Surface Treatment, Protective Coatings, Grout & Anchor and Cement Grinding Aids)
By Applications
- Residential
- Commercial
- Infrastructure
- Industrial
Table of Contents
1. Executive Summary5. Bahrain Construction Chemical Market Trends and Evolution8. Bahrain Construction Chemical Market Key Performance Indicators12. Key Strategic Recommendation13. Disclaimer
2. Introduction
3. Bahrain Construction Chemical Market Overview
4. Bahrain Construction Chemical Market Dynamics
6. Bahrain Construction Chemical Market Overview, By Product Types
7. Bahrain Construction Chemical Market Overview, By Applications
9. Bahrain Construction Chemical Market Opportunity Assessment
10. Bahrain Construction Chemical Market, Competitive Landscape
11. Company Profiles
List of Figures
List of Tables
Companies Mentioned
- SIKA AG
- Fosroc International Limited
- BASF SE
- ISOLA Solutions
- Pidilite Industries Limited
- Mapei S.p.A.
- Dow Chemical Company
- Evonik Industries AG
- 3M Company
- Asian Paints Berger