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2021
Egypt Construction Chemicals Market

Egypt Construction Chemicals Market

by Product Type (Concrete Admixtures, Waterproofing & Roofing Chemicals, Protective Coatings, Adhesives & Sealants, Industrial Flooring, Asphalt Additives, Repair & Rehabilitation, and Others) and Application (Residential, Industrial & Commercial, and Infrastructure): Opportunity Analysis and Industry Forecast 2020-2027
Update Available On-Demand

Report Code: A09404
Pages: 103
Jan 2021 | 4243 Views
Author(s) : Snehal M, Rutuja D , Eswara P
Tables: 31
Charts: 36
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COVID-19

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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.

The COVID-19 outbreak has affected the growth of the Egypt construction chemicals market due to the lockdown in country and delay in the construction of residential, commercial, and industrial sectors.

Construction chemicals belong to the chemical industry's specialty segment. Such chemicals are used to improve impact strength and structural stability in building activities. Some building chemicals help reduce the quantity of raw materials, such as cement and water. Construction chemicals play a crucial role in enhancing concrete performance and increase the life span of the structure.

Egypt Construction Chemicals

Growth in investment in infrastructure development and residential construction activities across cities is mainly driving the growth of the Egyptian market for construction chemicals. These chemicals are increasingly being used to enhance concrete performance, along with growing industry understanding of the quality of concrete, cement, asphalt, and other building materials. Additionally, for the forecast era, the new technological developments due to rising building resilience and providing additional fortification from environmental hazards have driven the market. However, high product costs can hamper the market as most small and medium-sized builders and contractors prefer to reduce total construction costs to maximize profit. Furthermore, governments throughout developing countries are investing heavily in the construction of infrastructure to fuel economic growth. It is anticipated that growing acceptance of ready-mix concrete, especially in the commercial and infrastructure sectors, would further boost the demand for building chemicals in the market.

The Egypt construction chemicals market is segmented on the basis of product type and application. By product type, the market is classified into concrete admixtures, waterproofing & roofing chemicals, protective coatings, adhesives & sealants, industrial flooring, asphalt additives, repair & rehabilitation, and others. According to application, it is divided into residential, industrial & commercial, and infrastructure.

The key players operating in the Egypt construction chemicals market are 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.

Egypt Construction Chemicals Market, By Product Type

By product type, the concrete admixtures segment held a significant share in the Egypt construction chemicals market in 2019. The chemical's inherent properties to improve concrete consistency, speed up or delay setting time, improve chemical and physical resistance, enhance concrete workability, and improve finishing will fuel the growth of the industry with growing demand for customized residential and commercial buildings.

Egypt Construction Chemicals Market
By Product Type

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Concrete Admixture is projected as the most lucrative segment.

Egypt Construction Chemicals Market, By Application

By application, the residential segment held a significant share in the Egypt construction chemicals market in 2019. The development of residential complexes and buildings is driven by rise in urbanization and rapid population growth across the globe, and construction activity in both new construction and repair & refurbishment is expected to increase during the forecast period.

Egypt Construction Chemicals Market
By Application

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Residential is projected as the most lucrative segment.

Key Benefits For Stakeholders

  • The report provides an in-depth analysis of the Egypt construction chemicals market forecast along with the current and future market trends.
  • This report highlights the key drivers, opportunities, and restraints of the market along with the impact analyses during the forecast period.
  • Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the Egypt construction chemicals industry for strategy building.
  • A comprehensive Egypt construction chemicals market analysis covers factors that drive and restrain market growth.
  • The qualitative data in this report aims on market dynamics, trends, and developments.

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.

Egypt Construction Chemicals Market Report Highlights

Aspects Details
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 CONSTRUCTION CHEMICALS, UNITED PAINTS AND CHEMICALS DRYMIX S.A.E
 

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According to the CXOs of the leading companies, the growth of Egypt construction market is progressive, and this trend is expected to continue during the forecast period with surge in urbanization and increase in large-scale infrastructure projects across several economies. For examples, The New Urban Communities Authority (NUCA) has plans for the development of new neighborhoods, including schools, hospitals, shopping centers, and entertainment facilities. This authority is responsible for the growth and link of these new cities with the existing infrastructure. Additionally, The El Dabaa Nuclear Power Plant (NPP), the first nuclear power plant in Egypt, is scheduled to be installed on the Mediterranean coast in the Matrouh Governorate, 250 km west of Alexandria. In addition, increased understanding of high-value items such as concrete mixing and waterproofing is expected to play a key role in the growth of the market. Furthermore, increased investment in infrastructural growth is expected to lead to higher industrialization, which in turn would drive the demand for building chemicals. However, as per the CXOs, lack of awareness regarding long-term benefits of construction chemical projects is anticipated to limit the overall market growth.

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FREQUENTLY ASKED QUESTIONS?

A. Infrastructure development, prolonged expansion of residential and commercial buildings and favorable public private partnerships are major factors driving the market growth.

A. Infrastructure development, prolonged expansion of residential and commercial buildings and favorable public private partnerships are major factors driving the market growth.

A. The market value of Egypt construction chemicals in the forecast period is anticipated to be $444.5 Million.

A. Major players in the market are CMB – Chemicals for Modern Building, EAMIC Ltd, Prokem specialty chemicals, Sika Egypt for Constrcution Chemicals, NCC X-Calibur, BASF SE, and Polymar-EG among others.

A. Residential application is projected to increase the demand for Egypt construction chemicals market

A. By product type concrete admixtures accounted for the largest Egypt construction chemicals market share

A. New infrastructure growth and major investments in new housing projects & renovation of non-residential buildings are expected to drive the Egypt construction chemicals market during the forecast period

A. Residential application expected to drive the adoption of Egypt construction chemicals market.

A. As the manufacturing units across the globe were shutdown due to the COVID-19 pandemic, the market has been impacted negatively.

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