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Competitive Landscape in the MENA Construction Chemicals Market

Construction chemicals are specialty goods used to improve the performance, strength, and longevity of building materials and buildings. These consist of flooring compounds, waterproofing agents, sealants, adhesives, protective coatings, grouts, and concrete admixtures. They increase the longevity of infrastructure and buildings, increase workability, speed up or postpone setting times, and offer protection from environmental harm. Both new construction and repair projects require the use of construction chemicals in order to adhere to contemporary technical standards and environmental objectives. Using them in residential, commercial, and industrial projects guarantees higher safety, lower maintenance costs, and better construction quality.

According to SPER market research, Middle East and Africa Construction Chemicals Market Size- By Product, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ state that the Middle East and Africa Construction Chemicals Market is estimated to reach USD 7.06 billion by 2032 with a CAGR 5.33%.

Drivers:

Rapid urbanization and infrastructure development, particularly in high-profile mega-projects like the UAE's Innovation Hub and Saudi Arabia's NEOM, are driving the Middle East and Africa construction chemicals market. These projects call for sophisticated waterproofing, adhesives, and concrete admixtures. Investment in smart and sustainable construction practices is being propelled by public-private partnerships and government programs like Saudi Vision 2030 and Abu Dhabi Economic Vision 2030. The region's need for high-performance construction chemicals is further increased by the development of roads, airports, and new towns in Egypt and sub-Saharan Africa, as well as by the rise in industrial and residential building, all of which further accelerate market growth.

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Restraints:

Numerous barriers prevent the Middle East and African building chemicals sector from realizing its full potential. Adoption is frequently hampered by the high cost of raw materials and completed goods, particularly in regions where consumers are price sensitive. Large-scale construction investments are questionable in some nations due to political unrest and economic volatility. Furthermore, contractors' low technical skills and ignorance of the long-term advantages of building chemicals impede market penetration. Product adoption is further impacted by insufficient regulatory frameworks and uneven quality standards. Dependency on imports for specialty chemicals also exposes the industry to price volatility and supply chain interruptions, which further impedes long-term growth.

Dubai dominates the Middle East and Africa construction chemicals market due to its continuous large-scale infrastructure projects, advanced building standards, and strong demand for sustainable construction solutions. Some of the key market players are Ashland Global Holdings Inc, BASF SE, MAPEI S.p.A, Sika AG, Compagnie de Saint-Gobain S.A. and others.

For More Information, refer to below link: –   

MENA Construction Chemicals Market Growth

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