Market Forecast By Types (Concrete Admixtures, Concrete Adhesives, Concrete Sealants, Protective Coating, Industrial Flooring, Waterproofing and Roofing & Other Chemicals), By Applications (Residential, Commercial, Industrial And Infrastructure), By Regions ( Central Region, Western Region, Eastern Region, Southern Region) And Competitive Landscape
Product Code: ETC001523 | Publication Date: Jan 2020 | Updated Date: Apr 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia construction chemical market is registering rising use of sustainable and eco-friendly construction materials. There is a rising awareness among builders and developers in the country about the importance of using environmentally-friendly construction chemicals, such as low VOC (volatile organic compounds) adhesives, sealants, and coatings. Additionally, the market is witnessing an increasing adoption of advanced construction technologies, such as 3D printing, building information modelling (BIM), and robotics. These technologies are helping to improve the efficiency and speed of construction activities, while also reducing the overall cost of construction. Moreover, there has been a trend towards the use of high-performance concrete in construction projects. High-performance concrete is a type of concrete that has enhanced properties, such as strength, durability, and resistance to environmental factors, such as corrosion. This type of concrete is being used in a wide range of applications, including bridges, tunnels, and high-rise buildings.
The Saudi Arabia construction chemical industry is experiencing increasing investments. The government has been investing heavily in infrastructure development and construction projects, such as the NEOM project, which is a mega-city development in the country. This has resulted in an increase in the demand for construction chemicals, including concrete admixtures, waterproofing chemicals, and flooring chemicals. Moreover, the construction chemical market in Saudi Arabia is highly competitive, with both domestic and international players operating in the market. This has led to intense competition among manufacturers, resulting in the development of innovative and high-quality products to meet the demand of customers. The outbreak of the Covid-19 pandemic has created a negative impact. One of the major impacts of the pandemic on the construction chemical industry in Saudi Arabia was a decrease in demand for construction materials due to the slowdown in construction activities. This, in turn, led to a decrease in the production and sales of construction chemicals. Additionally, many construction projects were delayed or put on hold, which further impacted the industry. However, the industry has recovered in recent years as construction activities have resumed and demand for construction services has also increased.
Increasing investments by the government in infrastructural development projects such as the Qiddiya entertainment city project, Amaala project, Jeddah Tower, Riyadh metro and rapid bus transit system and Saudi Aramco-Total’s PIB factory coupled with growing technological advancement in construction material solutions have driven the demand for construction chemical market in Saudi Arabia. Moreover, rising awareness regarding advantages such as earthquake resistance, and reduction of impact from environmental hazards would further spur the demand for construction chemicals over the coming years.
According to 6Wresearch, the Saudi Arabia Construction Chemical market size is anticipated to register growth during 2019-2025. In terms of chemical types, concrete admixtures captured the majority of the market share in 2018 and are expected to lead the market during the forecast period as well owing to the reduced construction costs and enhanced quality. Further, growing awareness regarding the benefits of construction chemicals such as improvised stability, durability and corrosion inhibition along with increasing demand from the residential sector would propel the market growth over the coming years.
Further, in terms of application, the commercial sector holds the majority of the market share in the region owing to the rising construction of complexes, entertainment malls, commercial retail buildings, and hotels. Further, the growing tourism and hospitality sector coupled with rising disposable income would drive the market growth during the forecast period.
The Saudi Arabia construction chemical market report thoroughly covers the market by types, applications, and regions including the central region, western region, eastern region and southern region. The Saudi Arabia construction chemical market outlook provides an unbiased and detailed analysis of the ongoing Saudi Arabia construction chemical market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Saudi Arabia Construction Chemical Market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Construction Chemical Market Overview |
3.1 Saudi Arabia Construction Chemical Market Revenues, 2015-2025F |
3.2 Saudi Arabia Construction Chemical Market Revenue Share, By Types, 2018 & 2025F |
3.3 Saudi Arabia Construction Chemical Market Revenue Share, By Applications, 2018 & 2025F |
3.4 Saudi Arabia Construction Chemical Market Revenue Share, By Regions, 2018 & 2025F |
3.5 Saudi Arabia Construction Chemical Market Industry Life Cycle |
3.6 Saudi Arabia Construction Chemical Market- Porter's Five Forces |
4 Saudi Arabia Construction Chemical Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Construction Chemical Market Trends |
6 Saudi Arabia Construction Chemical Market Overview, By Types |
6.1 Saudi Arabia Concrete Admixtures Construction Chemical Market Revenues, 2015-2025F |
6.2 Saudi Arabia Concrete Adhesives Construction Chemical Market Revenues, 2015-2025F |
6.3 Saudi Arabia Concrete Sealants Construction Chemical Market Revenues, 2015-2025F |
6.4 Saudi Arabia Protective Coating Construction Chemical Market Revenues, 2015-2025F |
6.5 Saudi Arabia Industrial Flooring Construction Chemical Market Revenues, 2015-2025F |
6.6 Saudi Arabia Waterproofing and Roofing Construction Chemical Market Revenues, 2015-2025F |
6.7 Saudi Arabia Other Construction Chemical Market Revenues, 2015-2025F |
7 Saudi Arabia Construction Chemical Market Overview, By Applications |
7.1 Saudi Arabia Residential Construction Chemical Market Revenues, 2015-2025F |
7.2 Saudi Arabia Industrial Construction Chemical Market Revenues, 2015-2025F |
7.3 Saudi Arabia Commercial Construction Chemical Market Revenues, 2015-2025F |
7.4 Saudi Arabia Infrastructure Construction Chemical Market Revenues, 2015-2025F |
8 Saudi Arabia Construction Chemical Market Overview, By Regions |
8.1 Saudi Arabia Construction Chemical Market Revenues, By Central Region, 2015-2025F |
8.2 Saudi Arabia Construction Chemical Market Revenues, By Southern Region, 2015-2025F |
8.3 Saudi Arabia Construction Chemical Market Revenues, By Western Region, 2015-2025F |
8.4 Saudi Arabia Construction Chemical Market Revenues, By Eastern Region, 2015-2025F |
9. Saudi Arabia Undersea Warfare Market Key Performance Indicators |
10 Saudi Arabia Construction Chemical Market Opportunity Assessment |
10.1 Saudi Arabia Construction Chemical Market Opportunity Assessment, By Applications, 2025F |
10.2 Saudi Arabia Construction Chemical Market Opportunity Assessment, By Types, 2025F |
11 Saudi Arabia Construction Chemical Market Competitive Landscape |
11.1 Saudi Arabia Construction Chemical Market Revenue Share, By Companies, 2018 |
11.2 Saudi Arabia Construction Chemical Market Competitive Benchmarking, By Operating Parameters |
12 Company Profiles |
13 Strategic Recommendations |
14 Disclaimer |