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Global Repair Construction Market

  • Published Date: 06 Jun 2018
  • Number of Pages: 204
  • Category: Industrial
  • Country: Global
The underlying global economic power shift is the reason for urbanization boost in many emerging economies like China, India, Philippines, Indonesia, Ghana and Nigeria.
There are many factors that attribute to the rise in the need for repair construction market, some of these being, challenges in new home construction, affordability issue, low mortgage rates, good job opportunities, favourable stock market, wage gains, strong existing home sales, etc. Rising scale of infrastructure projects like transportation and construction of railways, airports, power plants, housing and large-scale manufacturing is also a strong factor and private sector investment in urban revitalization, time and raw materials used for repair and increasing remodelling of public infrastructure projects can fuel market growth. These factors have led to increase in demand for existing homes, price rise and millennials being inclined towards purchasing affordable existing homes that need renovations. These factors are encouraging home renovation and remodelling activities.

The growing per capita income of the middle-class population will result in the demand for advanced infrastructures like the need for better rods, sanitation, clinics and hospitals to schools, power transmission and transport sectors. There is a need for maintaining the aesthetical and constructional value of a property in its lifespan. Therefore constructional repairs of buildings are necessary because the better the property is maintained, the greater is the period between repairs.

There are numerous parameters on the basis of which repair materials are selected. The material must be non-hazardous, durable, compatible and have low air and water permeability, low shrinkage, good holding strength and proper coefficient of thermal expansion. Waterproofing compounds, bonding agents, water repellants, paint additives, polymer-based crack fillers, mortar mixtures and rust removers reused for non-structural repairs. For structural repairs, ready-made polymer plasters, acrylic copolymers, styrene butadiene rubber, plasticizers-based repair compounds and epoxy bonding agents are used.

Market Dynamics

> Affordable pricing of renovated housing
> High need for accurate information collection and resource monitoring

Opportunities

> Increasing spending on public infrastructure projects
> Advantages of repair construction over reconstruction

Key Vendors
Some of the key players in the market are: 3M, BASF, The Dow Chemical Company, Sika, W.R. Grace, AkzoNobel, Bechtel, Bostik, CHRYSO, CICO Group, CONMIX, DuPont, Muhu, Pidilite, RPM International, Selena and Terraco.

Report Contents:

> Global Market segments
> Global Market Drivers, Restraints and Opportunities
> Global Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Global Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>>US and Canada


> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America


> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Westren Europe


> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastren Europe


> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific


> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa



This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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