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Research and Markets Adds New Report on Qatar Construction Chemical Market

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Aug 28 2015

Research and Markets has announced the addition of the "Qatar Construction Chemicals Market Forecast and Opportunities, 2020" report to their offering.

According to the report, the market for construction chemicals in Qatar is projected to grow at a CAGR of around 13% during 2015-20, on account of increasing urbanization, growing awareness regarding quality construction, improving building standards, rising investments by the government in infrastructure projects such as airports, subways, tunnels, damns, highways, bridges, railway networks, power plants, etc. across the country. During 2010-14, the underground construction system chemicals segment experienced the fastest growth, whereas, the construction system chemicals segment accounted for the largest revenue share in the country's construction chemicals market. The construction chemicals market in the country is dominated by BASF, followed by Sika Qatar, Al Gurg Fosroc, Sodamco Qatar and Mapei.

Construction chemicals are chemical compounds that are added to construction materials in order to enhance desired properties such as quality, strength, shelf-life, chemical resistance and other physical & chemical properties of the concrete. Qatar construction chemicals market is broadly categorized into construction system chemicals, admixture system chemicals, and underground construction system chemicals. All these chemicals are being extensively used in both real estate and infrastructure construction projects in the country. The country's market for construction chemicals is directly influenced by the variations in construction industry, as the chemical consumption depends upon the nature and number of construction projects being undertaken and the adoption of such chemicals in the specified regions.