Construction HPMC Market Trends and Forecast
The future of the global construction HPMC market looks promising with opportunities in the masonry mortar, joint filler, tile adhesive, and gypsum based plaster markets. The global construction HPMC market is expected to grow with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are increasing demand for eco-friendly and high-performance additives in construction materials, advancements in construction technology, and growth in urbanization and infrastructure development.
• Lucintel forecasts that extra low viscosity is expected to witness the highest growth over the forecast period.
• Within this market, masonry mortar is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Construction HPMC Market
• United States – Dow Chemical announced the expansion of its HPMC production capacity for construction materials, targeting sustainability goals and supported by federal incentives for green building technologies.
• China – Shandong Head Co. introduced advanced HPMC additives for construction applications, focusing on improving mortar performance and meeting national standards for building materials.
• India – Ashland launched new formulations of HPMC for cement applications, aiming to enhance construction durability and efficiency, aligned with government initiatives for infrastructure development and quality standards.
• Germany – BASF developed innovative HPMC solutions for sustainable construction practices, emphasizing eco-friendly building materials and compliance with EU regulations for energy-efficient buildings.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Construction HPMC Market by Segment
The study includes a forecast for the global construction HPMC market by type, application, and region.
Construction HPMC Market by Type [Value from 2018 to 2030]:
• Extra Low Viscosity
• Low Viscosity
• High Viscosity
• Extra High Viscosity
Construction HPMC Market by Application [Value from 2018 to 2030]:
• Masonry Mortar
• Joint Filler
• Tile Adhesive
• Gypsum Based Plaster
• Others
Construction HPMC Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Construction HPMC Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies construction HPMC companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the construction HPMC companies profiled in this report include-
• Ashland
• Dupont
• Shin-Etsu
• Lotte Fine Chemical
• Hercules-Tianpu
• Celotech
• Gemez Chemical
Recent Development in the Construction HPMC Market
Shin-Etsu Chemical: Developing high-purity HPMC grades for the eco-friendly construction applications, focusing on sustainability and compliance with environmental standards.
Samsung Fine Chemicals: Expanding production capacity for HPMC to meet growing demand in the construction sector, particularly for advanced building materials and coatings.
CP Kelco: Innovating HPMC additives for improved thickening and binding properties in construction formulations, aiming to enhance durability and consistency in building materials.
Jiangsu Shangyong New Material Co., Ltd.: Introducing advanced HPMC grades with enhanced water retention capabilities for efficient cement and tile adhesive formulations in construction projects.
Features of the Global Construction HPMC Market
Market Size Estimates: Construction HPMC market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Construction HPMC market size by type, application, and region in terms of value ($B).
Regional Analysis: Construction HPMC market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the construction HPMC market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the construction HPMC market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for construction HPMC market?
Answer: The global construction HPMC market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the construction HPMC market?
Answer: The major drivers for this market are increasing demand for eco-friendly and high-performance additives in construction materials, advancements in construction technology and growth in urbanization and infrastructure development.
Q3. What are the major segments for construction HPMC market?
Answer: The future of the construction HPMC market looks promising with opportunities in the masonry mortar, joint filler, tile adhesive, and gypsum based plaster markets.
Q4. Who are the key construction HPMC market companies?
Answer: Some of the key construction HPMC companies are as follows:
• Ashland
• Dupont
• Shin-Etsu
• Lotte Fine Chemical
• Hercules-Tianpu
• Celotech
• Gemez Chemical
Q5. Which construction HPMC market segment will be the largest in future?
Answer: Lucintel forecasts that extra low viscosity is expected to witness the highest growth over the forecast period.
Q6. In construction HPMC market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the construction HPMC market by type (extra low viscosity, low viscosity, high viscosity, and extra high viscosity), application (masonry mortar, joint filler, tile adhesive, gypsum based plaster, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Construction HPMC Market, Construction HPMC Market Size, Construction HPMC Market Growth, Construction HPMC Market Analysis, Construction HPMC Market Report, Construction HPMC Market Share, Construction HPMC Market Trends, Construction HPMC Market Forecast, Construction HPMC Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.