GCC Construction Chemicals Market Outlook 2025 by Goldstein Market Intelligence

GCC Construction Chemicals Market Outlook

GCC Construction Chemicals Market Outlook 2025: Opportunity & Growth Analysis, 2017-2025

Report Code :HC 1335

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GCC Construction Chemicals Market Outlook

Table OF COnTenTs Connect With Us:

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Vision

Value

Visibility

GCC Construction Chemicals Market  GCC Construction Chemicals Market  GCC Construction Chemicals Market  Market Size (USD Million)  Forecast Analysis (2017-2025)  Market Share & CAGR (%)  Regional Share Distribution (%)  Construction Industry Outlook  Environmental Considerations  Competitive Materials & Technologies  M&A Activities  Regulatory Considerations  International Activity

Outlook

 Market Dynamics      

Growth Drivers Market Restraints Risk Analysis (Supply & Demand) Economic Variations Recent Trends & Developments Opportunities

 Construction Chemicals Market Segmentation  

General Market Overview Factors Covered in Segmentation Analysis (Below mentioned factors has been covered in all regions and segments)  Market Size ($ Millions) & CAGR  Market Share Analysis (%)  Year on Year Growth Rate (%)  Potential Markets, By End-Users  Adoption Rates  Types of Construction Analysis  Residential  Commercial  Industrial  BPS Analysis & Attractiveness  Material Type Analysis  Concrete Admixture  Thermal and Moisture materials  Paints and Coatings  Adhesives and Construction chemicals

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GCC Construction Chemicals Market  Surface and Flooring Treatments  Others  BPS Analysis & Attractiveness

 GCC Construction Chemicals Market : Regional Segmentation  GCC Construction Chemicals Market Outlook     

Construction Chemicals Demand & Supply Value Chain Analysis Total Consumption Construction Industry Analysis Country-Wise Outlook • UAE Countries Market Outlook • Saudi Arabia Market Outlook • Qatar Market Outlook • Oman Market Outlook • Bahrain Market Outlook • Kuwait Market Outlook • BPS Analysis & Market Attractiveness

 Competitive Outlook  

Market Share of Major Players Company Profiles  BASF  Company Synopsis  Business Strategy  Product Portfolio  SWOT Analysis  Henkel  H.B. Fuller  Sika  3M  Dow  Hernon Manufacturing  Pidilite  Construction Material Chemical Industries (CMCI)  Al-Jazea

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Vision

Value

Visibility

GCC Construction Chemicals Market, 2017-2025

 PESTLE Analysis and Value Chain Analysis of Construction Chemicals Market  Porter’s Five Force Model  Market Landscape: Competition and Beyond  Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem  Expert Analysis  Concluding Remarks

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GCC Construction Chemicals Market Outlook

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GCC Construction Chemicals Market Outlook GCC Construction Chemicals Share(%), By Region-2017-2025

GCC Construction Chemicals Market Size USD (Million). 2017-2025

Market

XX XX

XX% CAGR: (2017-2025)

XX XX

XX% XX% XX%

XX%

2017

XX XX%

m a S Saudi Arabia

XX 2017e 2018f

2019f

2020f

Source: Goldstein Research

2021f

2022f

2023f

2024f

2025f

Commercial Construction accounted for the highest market share XX% in GCC

XX%

2025

XX%

UAE

Qatar

Kuwait

Bahrain

Oman

GCC Construction Chemicals Market Share(%), By Construction Type-2017

28.57%

33.33%

GCC Construction Chemicals Market Share (%), By Materials Type- 2017

8.47% 15.25% 12.71% 10.17% 29.66%

38.10% Commercial

Saudi Arabia

XX%

With share in 2017, dominated the GCC Construction Chemicals market

Construction Chemicals market

Industrial

Source: Goldstein Research

XX%

Source: Goldstein Research

In 2017,

Residential

e l p XX%

23.73%

Concrete Admixture

Thermal and Moisture materials

Paints and Coatings

Adhesives and Construction chemicals

Surface and Flooring Treatments

Others

Source: Goldstein Research

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GCC Construction Chemicals Market Outlook  The construction sector is one of the major industries in the GCC region, and construction chemicals – such as admixtures, waterproofing compounds, floor hardeners, protective coatings, resins, adhesives, and sealants – play an important role in this industry to improve the durability and performance of buildings and infrastructure facilities.

Growth in Construction Industry

 Shaheen Chem Investment, owned by investors from the United Arab Emirates and Oman, will build a new chemical complex with an investment of XX Billion dirhams (USD XX Billion) in Abu Dhabi. Abu Dhabi is investing Millions of dollars in industry, tourism and infrastructure as it diversifies its economy away from oil.

e l p

 Residential building projects will remain the largest segment of the real estate market in terms of projects expected to complete in 2020 with a market share of XX percent. Commercial will remain the second largest real estate sector with XX percent but educational is set to overtake the hospitality construction segment and claim third place. Governments have initiated construction across key sectors to cater to this demand. Though recovery of the commercial real estate sector remains somewhat subdued, new opportunities are emerging in residential, hospitality, retail and education sectors; albeit at a cautious and regulated pace.

m a S

• The future of GCC construction chemicals market hinges on two key areas – product and application innovation and value engineering. These factors will expand the market by surmounting existing construction engineering impediments and helping to bring down construction costs by shortening project time and reducing rework. • For the construction chemicals market, creating a collaborative product/application environment with consultants and ready-mix concrete companies and so on to engage the leading project customers is as important as increasing penetration in the small and medium projects segment.

2017

USD XX Million

2025

USD XX Million

Oil and Gas Industry Applications

Growing Investments in Chemical Industry

• All the product categories are expected to witness growth over the forecast period due to the construction projects being undertaken and lined up in the region.

GCC Construction Chemicals Market Size (USD Million) UAE Saudi Arabia

Technological Advancements

Qatar USD XX Million

USD XX Million

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GCC Construction Chemicals Market Outlook GCC Construction Chemicals Industry Size (Million Tons), By Production, 2017-2025 XX

GCC Construction Chemicals Industry Size (Million Tons), By Domestic Consumption, 20172025 XX

XX XX

XX 2017e

2018f

2019f

2020f

2021f

2022f

2023f

2024f

2017e 2018f

2025f

Source: Goldstein Research

2019f

2020f

2021f

2022f

2023f

2024f

Source: Goldstein Research

GCC Construction Chemicals Industry Size (Million Tons), By Imports, 2017-2025

GCC Construction Chemicals Industry Size (Million Tons), By Exports, 2017-2025

XX XX

2025f

XX XX

XX 2017e

2018f

2019f

2020f

2021f

2022f

2023f

2024f

Source: Goldstein Research

2025f

2017e

2018f

2019f

2020f

2021f

2022f

Source: Goldstein Research

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2023f

2024f

2025f

GCC Construction Chemicals Market Outlook

GCC Construction Chemicals Industry, By Construction & Economic Activity, 2013-2017

Ratio Construction % of GDP

Ratio Chemicals to Construction (Metric Tons per USD Million)

XX%

XXX

XX%

XXX

XX%

XXX

XX%

Year

Construction (USD Billions)

Real GDP (USD Billions)

2013

XXX

2014

2015

2016

2017

m a S

e l p www.goldsteinresearch.com

GCC Construction Chemicals Market Outlook

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Research Methodology

Goldstein Research follows a comprehensive and rigorous research methodology to provide you accurate estimates and forecast of a particular market. We provide estimates, forecast and analysis primarily based on secondary research, primary interviews, in-house database and other free as well paid sources. Our company follows simultaneous top down and bottom approach in order to provide you the accurate market sizing. Data triangulation method is strictly followed where we triangulate the data from all the aspects, be it Function Type, application, industry verticals, material, product type or geography. In addition, the research methodology we follow is a systematic approach in order to estimate and project the market sizing keeping in mind all the ongoing and upcoming trends of the market. We conduct both primary and secondary research in order to estimate a market and validate our key findings.

m a S

e l p

We put together our effort and prepare an inclusive questionnaire depending on the title of the market we are tracking and extract the important information we require to validate our findings. Our team of Analysts and experts dedicatedly put their effort to provide you the best possible and accurate data and analysis. Adding to that; technological, economic, cultural and social aspects along with the regulatory barriers are completely analyzed to understand the comprehensive market scenario across different geographies. Understanding the market from both buyer and seller point of view is important to track a market and provide analysis on the same. We not only provide the market data of the four geographies as a whole, namely, North America, Europe, Asia-Pacific, Latin America, Middle East & Africa and Rest of the World (RoW) but we also provide you qualitative as well we qualitative information on country level bifurcation. We at Goldstein Research provide you: • Precise Estimates and Forecast • Authentic Analysis • In-depth Data and Analysis • Authentic Sources • Reliable Data and Analysis

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GCC Construction Chemicals Market Outlook

COmpeTiTOrs regiOnal analysis Connect With Us:

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Major Players Presence-Regional Analysis

Major Players/ Industries

APAC

North America

East & Latin America Middle Africa

Europe

Henkel

3M Company

H.B. Fuller

Bostik

Sika

Dow Chemical Company RPM International Inc.

m a S

e l p

Arkema

High Penetration Copyright

Medium Penetration

Low Penetration

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GCC Construction Chemicals Market Outlook

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GCC Construction Chemicals Market Size (USD Million) & Growth Analysis GCC Construction Chemicals Market Size (USD Million)-2017-2025 XX

XX XX

XX 2017e

2018f

Source: Goldstein Research

m a S

2019f

2020f

2021f

e l p

2022f

2023f

2024f

2025f

GCC Construction Chemicals Market

is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2017-2025. While the global economy as a whole remains relatively flat, it is safe to say that GCC construction industry and the associated interiors fit-out sector are recovering momentum. Governments remain the key drivers of construction activity, as part of their firm commitment to longterm sustainable economic development. Looking at the recent project announcements, their main focus has been on large-scale strategic developments, like flagship real estate projects, energy, and airports, among others. In return, the role of the private sector has been on a rapid upward trajectory, primarily targeting consumer-driven sectors like retail, logistics, and industrial. The higher complexity of strategy development for chemicals companies in MEA/GCC begins with the necessity to think about more raw material options. Including those which are still ideas, e.g. Saudi Aramco’s and SABIC’s joint efforts in oil-to-chemicals technologies, and those which are abroad, e.g. shale gas in the US or coal in China. A local-centric production approach will become more and more globalized, which adds a second complexity compared to the past. As a consequence, wider product portfolio options follow with all the respective needs for knowledge and skills. Copyright

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GCC Construction Chemicals Market Outlook

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GCC Construction Chemicals Market Outlook

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Growth Drivers Growing Construction Industry 

Factors range from fast-track building construction and the increased use of non-standard size flooring tiles and planks to a reduction in porous floor-covering backings, as well as improperly specified and applied adhesives, improperly trained installers and poor drainage, industry has seen an unprecedented increase in demand for adhesives and sealants.



In terms of new awards, the key markets of Saudi Arabia and the United Arab Emirates would appear to have bottomed out as awards are relatively flat in KSA and undershooting in UAE versus 2017, but in both markets government budgets for capital projects are increasing for 2018 – which historically drives private sector sentiment. However, there is still a regional issue, with funding developments, as liquidity is attracted more to senior debt such as government and corporate high-grade debt rather than feeding the development market.



During the last 24 months in Saudi Arabia we’ve seen a significant contraction of work in pipeline or delivery fall from USD XX Trillion to USD XX Billion in early 2017 and now rapidly expanding to USD XX Trillion.

GCC Total Construction Contract (USD Billion) Award Splits by Country, 2016-2017 XX XX

XX XX

Dubai recorded the lion’s share of the project activity in the UAE in 2017, accounting for XX per cent of all construction and transport deals in the country, while project spending fell sharply in Abu Dhabi.

m a S XX

XX XX UAE

KSA

Qatar

2016

e l p

The approval of the main contract award on the expansion of Kuwait airport took that market to an all-time high of USD XX bn of project contract awards in 2017, while the start of work towards Expo 2020 in Dubai enabled the UAE also to record an increase in awards in 2017

Kuwait

Oman

The worst performing countries were Saudi Arabia, which saw a XX per cent drop in contract awards, followed by Qatar and Oman. Delays in payments from government clients were a huge problem in Saudi Arabia, Oman and the UAE, affecting the cash flow of contractors and forcing thousands of layoffs.

Bahrain

2017

Source: Goldstein Research

Impact Analysis: Growth across the various industries have direct impact on the demand of adhesives and sealants and the technological innovations further drive the market.  The recovery in oil prices in 2017 has eased some of the pressure on government finances, while the increased pace in the roll out of economic reforms will see an improvement in confidence as well as an increase in new forms of project model, such as public private partnerships (PPP). Copyright

High

Medium

Impact on GCC Construction Chemicals Market

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Low

Growth GCC Construction Drivers Chemicals Market Outlook

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Market Restraints Environmental Concerns  Stringent government regulations related to environment has negatively impacted the growth of adhesives and sealants market. The degrading environment and its hazardous impact on living beings has compelled the economies to take strict actions.  Construction industry is estimated to have one of the major share in producing dust, smoke and other harmful chemicals into the environment of XX% in 2017. Therefore in future restricted construction activities can lead to significant impact on the application of adhesives and sealants.  Chamical manufacturing industry also has negative impact on the environment, responsible for XX% share in the environmental pollution. Being the large scale industry it is compelled to follow stricter environmental regulations and thus the technological research and developments are hindered.

Global Construction Industry Market Share, Developed and Developing Regions, 2013-2015

Chemicals Segments

XX% XX% XX% XX% XX% XX% XX% XX% 2013

m a S

2014

Developed

Source: Goldstein Research

Impact Analysis:-

2015

(excluding

Pharmaceuticals)

e l p

2016

Source: Goldstein Research

Developing

 Rising regulatory pressure on the Silicone and Polyurethane market to reduce VOC emission from the adhesives has led the market players to focus on more innovative products that cause less harm to the environment. The introduction of new environment friendly products will likely to accelerate the market growth.

Impact on GCC Construction Chemicals Market High

Medium

 These government regulations are majorly going to affect the local and small manufacturers as the cost of developing new products is relatively high. Copyright

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Low

GCC Construction Chemicals Market Outlook

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GCC Construction Chemicals Market Opportunity, 2017-2025 Trends And Opportunities

Technology Innovation

The global economic recovery played a significant role in the performance of the travel industry. The global GDP growth went from XX per cent in 2017 to XX per cent in 2017. Consequently that lead to an increase in the disposable income for travellers, especially in developing countries. We can certainly argue that the increase in the buying power of consumers, combined with low-cost airfares in the airline industry, directly influenced the growth in the Construction Chemicals market. Still Construction Chemicals companies cannot rely only on global economic growth for future success.

Construction Chemicals has been keeping Construction Chemicals companies on their toes for a few years now. At the same time, it pushed them to expand and find opportunities in this shift in customer trends. Offering Construction Chemicals by the hour was one of the first resolutions that the leading Construction Chemicals companies implemented. which resulted in taking a share of the new demand. Car-sharing is a recent phenomenon in developing countries, only taking root within the last three years. Although there are few car-sharing operators in developing countries, the number of systems is growing. Car-sharing is most active in Central and South America, which has five systems in operation, and in Turkey, with three small systems. Following those two areas, China currently has two car-sharing operators, while Zoom will mark the first carsharing operation in India

There are few more aspects that will have a disruptive effect on the Construction Chemicals industry. Some of them bringing opportunities and some of them representing challenges. Impact of Latest Trends on Construction Chemicals Market

Type of Fuel

Natural Gas

m a S Fuel Grade

Calorific Value, Kcal/Kg

Fossil Fuels

556

Fuel From Used Tires

8611

Coal

Sun-Bituminous Coal/Bituminous Coal

5833/7056

Wood

Raw Wood, Including Flake (Wood) Waste

2431

e l p

The green vehicle Shifting the focus to green vehicles will not only give a more economical alternative to customers, but will contribute to a bigger cause â&#x20AC;&#x201C; increasing awareness about pollution and the negative effects it has on the environment. For some Construction Chemicals companies, this step might be as an alternative to higher oil prices, and for others/

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GCC Construction Chemicals Market Outlook : 2017-2025

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GCC Construction Chemicals Market Outlook : 2017-2025 GCC Construction Chemicals Market Share (%), By Construction Type, 2017-2025

20.00% Residential

XX%

35.00%

XX%

2017

2025

Commercial

XX%

45.00%

Industrial

m a S

Demand for decorative paints in the Gulf states of Saudi Arabia, Kuwait, Qatar, Bahrain, United Arab Emirates (UAE) and Oman tends to be heavily influenced by the rises in government revenue from oil and gas exports. This is because a high proportion of sales come from projects, including housing schemes, which are financed by governments. As a result sales of decorative paints have in some Gulf countries been rising at double-digit rates.

e l p

The UAE’s building and infrastructure contract awards are GCC Construction Chemicals Market Y-O-Y Growth, Construction forecast to remain the highest and Type, 2017-2025 increase from USD XX million in 2017 to USD XX million in 2017. The UAE has been impacted less by XX% XX% XX% XX% XX% lower oil prices than other GCC XX% XX% XX% XX% countries. Source: Goldstein Research

2016e

2017e

2018f

2019f

2020f

2021f

2022f

2023f

2024f

As of 10th August 2017, KSA (XX%) surpassed UAE (XX%) in registering the highest share in project value in the building and infrastructure construction sectors

Source: Goldstein Research

GCC Construction Chemicals Market Size (USD Million), By Construction Type -2017-2025 XX XX

XX XX

2017 Residential

2025 Commercial

Industrial

Source: Goldstein Research

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GCC Construction Chemicals Market Outlook By Commercial Construction: 2017-2025 GCC Construction Chemicals Market Size (USD Million), Commercial Construction, 2017-2025 More than XX,000 homes are being added to the housing market in 2017-18, that will boost the region’s USD XX billion fit-out sector as thousands of families move into their freehold homes that require furniture, household items as well as interior décor products.

XX XX XX XX

XX XX XX 2017e

2018f

m a S

2019f

2020f

2021f

2022f

2023f

2024f

Source: Goldstein Research

e l p

Similarly, the growth of infrastructure developments in the Middle East and Africa (MEA) means it is also projected to be a key market for construction chemicals.

2025f

GCC Construction Chemicals Market Y-O-Y Growth, By Commercial Construction, 2017-2025

19.40%

20.15%

20.48%

2016e

2017e

2018f

20.80%

2019f

21.85%

22.50%

23.00%

23.50%

2020f

2021f

2022f

2023f

25.00%

Digitization remains a top gamechanger, offering new opportunities and huge value potential. The chemical sector is still trailing behind other industries, but must be ready to embrace and drive digitization. To become truly successful, chemical companies must adopt a new business model centered on collaboration, supporting underserved markets and finding new ways to serve customers and meet their needs.

2024f

Source: Goldstein Research

Scope for Adhesives and Sealants in Other Industry Verticals

Footwear Industry

Furniture Industry

Automobile &Other Transport Industry

Appliance Industry

Source: Goldstein Research

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GCC Construction Chemicals Market Attractiveness and BPS Analysis by Construction, 2017-2025 GCC Construction Chemicals Market Attractiveness-By Construction, 2017-2025 4.50% 4.00%

CAGR (%)

3.50% 3.00% 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% 0.0

50.0

100.0

150.0

200.0

250.0

300.0

Market Size (USD Million) Commercial

Residential

e l p 350.0

400.0

450.0

500.0

Industrial

Source: Goldstein Research

Water based adhesive segment holds the largest revenue share in the GCC Construction Chemicals market as this segment constitutes which is impacted by the rising cognizance among the household users and thus it is likely to expand at XX% CAGR during the forecast period.

m a S

Construction Chemicals market is relying on the adoption of EHR (Electronic health record) software by various healthcare facility providers in order to stand ahead in future. Behavioral health EHR creates a world of difference to the staff and patients and goes the extra mile giving advanced capabilities such as it include support for documenting violence risk factors, suicide risk factors, or sadness scales.

GCC Construction Chemicals Market BPS Analysis- By Construction, 2017-2025 XX% XX%

XX%

XX% XX%

Industrial

XX%

Commercial

XX% 45.00%

XX% XX%

40.00% Residential

XX% XX%

20.00%

22.00%

2016

2024

XX%

Source: Goldstein Research

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Regional Analysis of GCC Construction Chemicals Market

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Saudi Arabia Construction Chemicals Market Size (USD Million) & Y-O-Y growth (%), 2017-2025 Saudi Arabia Construction Chemicals Market Size (USD Million), Compound Annual Growth Rate (%), Y-O-Y Growth Rate (%), 2017-2025 XX% XX XX XX XX

XX XX

XX XX XX

XX%

XX XX XX 2017e

XX%

2018f

2019f

2020f

2021f

2022f

Source: Goldstein Research

Key Insights

Business tourism growth is well complemented by the rising number of religious tourists to the holy cities of Makkah and Madinah. Jeddah and Riyadh have a pipeline of noteworthy projects, including large hotel projects by leading brands, which highlight the increased interest of international and regional investors in KSA’s hospitality sector. The Ministry of Housing’s ‘ESKAN’ project should add XXX,000 units to the total stock of KSA’s affordable housing. King Salman has urged the Housing Ministry to build suitable and affordable housing for citizens as it is a government priority. The government has issued legislation and set aside huge allocations in the budget for housing.

XX%

e l p XX%

XX%

m a S XX%

XX%

CAGR: (2017-2025) XX

XX%

2023f

XX% XX%

XX%

2024f

XX%

XX% XX% XX% XX% XX%

2025f

Split of the Middle Eastern Paint Market By Country2017

XX%

XX% XX%

Saudi Arabia UAE

XX%

Israel

XX%

Kuwait

XX%

Lebanon XX%

XX%

Oman Qatar Yemen

Source: Goldstein Research

KSA plans to more than double its number of hotel rooms as part of the 2030 Vision. Currently, it has the most hotels under construction in MENA region. Religious tourism has also been given importance and the vision is to increase annual capacity to XX million by 2020 and XX million by 2030. To facilitate this, a third expansion of the two holy mosques has been launched. Vision 2030 has a big role to play in privatizing health services and opening up opportunities to the private sector, helping improve services. Copyright

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Saudi Arabia Construction Chemicals Market Size (USD Million) & Y-O-Y growth (%), 2017-2025 Saudi Arabia Construction Opportunity (USD Billion)

Saudi Arabia Construction Chemicals Market (% of total value)- by Different Application in Construction Industry- 2017

Market

450 XX% Admixtures

XX% XX%

350 300

Flooring

250 Waterproofing

Repair & Rehanilation

XX%

400

200 150

m a S Misc.

100

XX%

e l p XX

Industrial

Infrastructure

2012-16

2017-25

Source: Goldstein Research

CRITICAL SUCCESS FACTORS

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Total

GCC Construction Chemicals Attractiveness-By Country, 2017-2025

Market

GCC Construction Chemicals Market Attractiveness-By Country, 2017-2025 XX% XX% XX% XX%

CAGR (%)

XX% XX% XX% XX% XX% XX% XX% XX

UAE

Saudi Arabia

Qatar

Oman

Source: Goldstein Research

e l p m

Market Size (USD Million)

Bahrain

Kuwait

Saudi Arabia, UAE and Oman are high performers, with growth trajectory above the GCC average. Although combined chemicals capacity for GCC producers is increasing, individual country performance shows a wider range of acceleration. While positive trends were observed across all countries, three high performing states stand out from their peers. Saudi Arabia, UAE and Oman have been on a growth trajectory exceeding the overall GCC trend.

a S

Key elements driving the construction chemicals market growth include [a] rise in [the] construction industry, [an] increase in urbanization, and [growing] conformity with [the] latest manufacturing standards. However, change in [the] regulatory environment and low consumer awareness inhibit the market growth.

GCC Construction Chemicals Market BPS Analysis- By Country, 2017-2025 XX%

XX% XX% XX XX%

XX% XX% XX%

Kuwait

XX% XX% XX XX% Bahrain

Oman

XX% 37%

38%

XX% XX%

Qatar

XX% XX% XX%

Saudi Arabia

UAE

33%

2017

2025

XX%

Source: Goldstein Research

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GCC Construction Chemicals Market Outlook Outlook : 2017-2025

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GCC Construction Chemicals Market Outlook

basF Connect With Us:

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GCC Construction Chemicals Market Outlook BASF (Company Overview & Business Strategy)

Founded 1865

Employees 112,000

Company Overview 



 



Headquarters Germany

Industries Catered

BASF SE , is a German multinational chemical company and largest producer of chemicals, headquartered in Ludwigshafen, Germany.

Chemicals

The Company operates through five geographic segments: North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC).

Automotive

The company provides nutrition solutions to various industries with vast product portfolio that includes vitamins and other food additives.

The Company also delivers ingredients for pharmaceuticals, personal care and cosmetics as well as household products.

Industries Catered Paints and Coatings

Agriculture

e l p m a S

BASF SE. is traded on stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

Website www.basf.com

Construction

Energy and Resources

Personal Care and Hygiene Pharmaceuticals Plastics and Rubber

Electronics and Electric Packaging and printing Home Care and I&I Cleaning

Pulp and Paper Leather, Footwear & Textile

Business Strategy



Investment, Acquisitions and Divestitures: The company is focusing towards the expansion of its product portfolio by acquiring competitive companies such as PU business activities from Polioles, Ciechs’s TDI business, Becker underwood, ITWC Inc., Novolyte Technologies, Equateq Ltd., B.C. Foam S.p.A and many more. Prior acquisitions have resulted in a wide range of outcomes, from successful introduction of new products and technologies. BASF invested USD 5.04 billion in property, plant and equipment in 2017, the company’s investment focused on the chemicals, performance products and Oil & Gas segments. On September 2017, company completed the acquisition of Guangdong Yinfan Chemistry in China. The company also sold it’s coating division to the AkzoNobel Group in December 2017.

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GCC Construction Chemicals Market Outlook XX

Revenue (USD Million)

BASF (Revenue & Financial Analysis) XX

2014

e l p m e 2015

2016

l a S p m

Fig: 9-2 Material Handling Equipment Sales (Thousand Units), 2014-2017 Fig: 9-3 Hertz Corporation Corporation Revenue (USD Million), 2014-2017 XX

XX XX

XX XX 2014

a S

XX XX

Business Strategy

2015

XX XX XX XX

2016

2014

2015

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2016

GCC Construction Chemicals Market Outlook BASF (Business Segments & Recent News)

9-4 BASF Revenue (%)-By Business Segments, 2017 XX%

XX%

Autom otive XX%

XX%

9-5 BASF Revenue (%), By Region, 2017

XX%

Materi al Handli ng

XX%

Japan NorthAmerica

XX%

Europe Asia XX%

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Other

Key Findings

 Hertz Corporation Corporation (TICO) has signed an agreement to acquire Vanderlande – the global market leader for value-added logistic process automation at airports and in the parcel market, as well as being a leading supplier for warehouses – from the company’s current owner NPM Capital

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 Hertz Corporation Corporation announces that it has concluded an agreement with major North American materials handling systems integrator Bastian Solutions LLC (“Bastian”) to acquire the company. The acquisition of Bastian signify Hertz Corporation' full-scale entry into the North American materials handling solutions industry amid the e-commerce boom. Strategy Business  To expand company’s presence in emerging countries, Hertz Corporation acquired the lift truck business of Taiwan-based Tailift Co., Ltd. In August 2015. By capitalizing on Tailift’s strength, company aimed to increase its sales in emerging c9oountries where market expansion is expected over the medium to long term.

Improves quality control structure and globalization: The company has adopted various methods to enhance their manufacturing structure which helps the company to improve the quality of their automobile products. Moreover, the company is looking forward towards expansion of globalization. UPS Motors adopted Hertz Corporation Global Vision in 2011 to improve the quantitative expansion across the globe. The company is investing a huge amount for research and development activities to introduce the future of material handling equipment such as hydrogen powered forklifts and automated guided vehicles. The company spend USD 588.11 Million in 2017 for research and development of their products and services. Hertz Corporation motors is one of the largest automobile and mental health software across the globe and expected to lead other global companies in near future.

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Align / Fit with Capabilities

Gaps

SWOT – Strength’s, Weaknesses, Opportunities, Threats

Significant Issues

Background Information

Values / Guiding Principles

Mission & Vision

Targets / Standards of Performance

Performance Measurement

Down to Specifics

How we will do it

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Situational Analysis

Situation – Past, Present and Future

Environmental Scan

Baseline

Assessment

Components

Where we want to be

Where we are

Take Corrective Actions Feedback upstream – revise plans

Initiatives and Projects Action Plans

e l p m Key Objectives

Review Progress – Balanced Scorecard

Performance Management

Evaluate

How are we doing

BASF : Business Strategy

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GCC Construction Chemicals Industry Outlook

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Expert Analysis  In 2017, Construction Chemicals dominated the market; Construction Chemicals segment accounted for nearly XX% of the total Asia-Pacific & Africa point of care testing (POCT) devices market and remaining XX% went for different end-use segments such as homecare settings. The main reason for this despaired share is due to the rising demand for point of care testing devices in Construction Chemicals on the back of their advantages such as faster and precise results  However, as the medical device technology is on rise (especially in developing countries), the Africa therapeutic market is projected to reach USD XXXX Million in 2023 from USD XXXX Million in 2017, registering a growth rate of XX%. In addition to that, Africa pharmaceutical market touched USD XXXX Million in 2017 and rising demand for prescription medicines in the region is expected to accelerate the market to USD XXXX Million by the end of 2023

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 As a result, if seen from the big market point of view, blood glucose monitoring devices demand is higher in homecare settings followed by Construction Chemicals . Moreover, the rising healthcare expenditure in Africa on the back of new healthcare reforms and rising investment in healthcare sector is expected to bolster the growth of point of care testing devices in Africa & Asia-Pacific region  With USD XXXX Million in 2017, blood glucose monitoring devices has the highest demand followed by located hemoglobin (HbA1c) testing devices and blood collection devices. The advancement in diagnostic devices are encouraging the hospitals and Construction Chemicals to adopt the advanced devices to obtain accurate diagnosis Business Strategy data. The precise data would further help the physicians to provide better treatment to the patients

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 Further, increasing spending by government authorities on research and development of innovative and advanced medical devices along with rising disease burden are some of the major reasons behind the spiked growth of Asia-Pacific & Africa point of care testing (POCT) devices market  Further, increasing spending by government authorities on research and development of innovative and advance connected devices along with rising disease burden are some of the major reasons behind the spiked growth of Middle East & Africa Construction Chemicals market.

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GCC Construction Chemicals Market Outlook

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GCC Construction Chemicals Market Outlook

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