Malaysia Construction Chemical Market Outlook 2027F
The report provides a comprehensive analysis of the potential of Malaysia Construction Chemicals Market. The report covers an overview and genesis of the industry, market size in terms of product demand.
Its market segment includes by type of market structure(organized & unorganized), by product type(Concrete Admixtures, Waterproofing, Repair & Rehabilitation Chemicals, Grouting Chemicals, Coating, Sealants & Adhesives, Industrial Flooring), by Region( North peninsula, south peninsula, central peninsula, East Malaysia), by Region (Northern region, southern region, eastern region, central region, by type of end users (Residential, commercial, Industrial ), by Major players(Sika, BASF, Fosroc, Pentens, Bostik, Mapie). The report includes Porter’s five force analysis, growth enablers, recent trends & industry analysis. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview
According to Ken Research estimates, the Malaysia Construction Chemicals Market which grew at a CAGR of ~3% from 2017-2022 & is forecasted to grow at a CAGR of ~5% from 2023-2027F driven by government support & strong industry growth.
Malaysia is working with a vision to develop industry to an advanced and modern level and making this sector as one of the high contributor of the economic development in the nation.
Industrial sector accounted largest market share owing to rising urbanization and industries construction in Malaysia.
Key Trends by Market Segment
By Market Structure: Organized players occupy 60% of the overall market as there are multiple players in the Malaysian market with a small.
By Region: Central Peninsula holds the maximum market share followed by the North Peninsula. The lowest Market share is that of South Peninsula with only 15% coverage.
Competitive Landscape
Malaysia Chemical Construction Market is slightly concentrated and has a fragmented tail as it is flooded with multiple small domestic and international players. The major competitive parameters are geographies covered, brand awareness, payment terms, quality vs quantity, domestic sales vs exports, type of product & total SKUs. SIKA is the leader because they are dominating a large segment of market with highest revenue and huge capital investment. After acquiring BASF (MBCC Group), both the companies with dominate the market. Bostik and Pentens operates in limited construction chemicals but makes good revenue. MAPEI are visionaries as they have average market share. They understand where the market is going but do not yet execute very well because lack of partnership.
Future Outlook
The Malaysia Construction Chemicals Market witnessed significant growth during the period 2017-2022P, owing to government support & strong industry growth.
Growth rate of the market is going to increase over the period as market penetration rates increase.
Please Note:It will take 5-7 business days to complete the report upon order confirmation.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook