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Expansion Chemicals and Non-Explosive Breaking Market Size Forecast to Reach US$769.3 Million by 2027

Expansion Chemicals and Non-Explosive Breaking Market Size Forecast to Reach US$769.3 Million by 2027Expansion Chemicals And Non Explosive Breaking Market | IndustryARCRapidly Rising Demand for Expansion Chemicals and Non-Explosive Breaking in the Remodelling, Construction, and Renovation Activities Has Driven the Growth of the Expansion Chemicals and Non Explosive Breaking Market

Expansion chemicals and Non-explosive breaking market size is forecast to reach US$769.3 million by 2027, after growing at a CAGR of 3.1% during 2022-2027. Infrastructural development, rising urbanization, and growth in construction activities is driving the market for expansion chemicals and non-explosive breaking. Expansion chemicals and non-explosive breaking methods such as excavator-mounted breaker, handheld breaker, chemical expansion agent, and others, are utilized for concrete demolition by expanding building materials. They are used for residential, commercial and industrial rebuilding purposes. Moreover, aging of old buildings are also increasing the growth of expansion chemicals and non-explosive breaking market. It is generally used for the purpose of remodelling, renovation, and repair. Such usage of expansion chemicals and non-explosive breaking is predicted to fuel the market during the forecast period.

COVID-19 Impact

The COVID-19 outbreak widely affected the expansion chemicals and non-explosive breaking market. The manufacturing process of various products in the construction industry declined due to the non-functioning of the manufacturing plants, due to the pandemic lockdown norms. The sales of different raw materials have also witnessed a halt during this period. Economies of each sector got affected and resulted in stagnation of activities across the end use industries that uses expansion chemicals and non-explosive breaking. For instance, according to the journal by The Electrochemical Society, on “the impact of COVID-19 in the construction sector and its remedial measures”, from the 1st quarter to the 2nd quarter of 2020, GDP from construction in Italy declined from 15803.80 EUR million (US$ 17,916.8 Million) to 12168.40 EUR million (US$ 13,796.5 million). Thus, once the building and construction activities get back on track and start functioning with total capacity, the market for expansion chemicals and non-explosive breaking is estimated to incline in the upcoming years. 

Expansion Chemicals and Non Explosive Breaking Market Segment Analysis – By Product Type

The prostar segment held the largest share in the expansion chemicals and non explosive breaking market in 2021. The prostar is a form of non-explosive breaking product, which is better than other product types such as crackAG, chemshine, buster, dexpan, and others. Since, the time needed for crack formation in material at 20?C is about 3-6 hours and after several days the crack width reaches 10-30mm, whereas in crackAG crack appears in 6-8 hours and in ChemShine it appears in 10-20 hours. These products are majorly used in demolition in noise sensitive areas such as inhabited areas, pipelines, natural gas lines, roadways, and other areas where a significant safety risk can be generated by using explosives. Thus, the rising demand for prostar for non explosive demolition is driving the market growth of the expansion chemicals and non explosive breaking market. 

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Expansion Chemicals and Non Explosive Breaking Market Segment Analysis – By End User

The non-residential construction segment held the largest share with 3.7% in the expansion chemicals and non explosive breaking market in 2021. Expansion chemicals and non explosive breaking are majorly used for various construction, renovation and rehabilitation projects. In industrial or commercial sectors for building applications, expansion chemicals and non explosive breaking can be used in manufacturing plants, hospitals, commercial stores, and others. The rising investments and growth of the non - residential construction is estimated to drive the market growth. For instance, according to the Statistics Canada, in September 2021, investment in non-residential construction increased by 1.8% as compared with August 2021. Thus, such investments will raise the demand for expansion chemicals and non explosive breaking materials, which would further drive the market over the forecast period. 

Expansion Chemicals and Non Explosive Breaking Market Segment Analysis – By Geography

The North America region dominated the expansion chemicals and non-explosive breaking market with a share of 33% in 2021. North America region is one of the leading expansion chemicals and non-explosive breaking manufacturers, with USA and Canada being the key consumers and suppliers of expansion chemicals and non-explosive breaking. Products such as prostar, crackAG, chemshine, buster, and dexpan, provides soundless concrete demolition by expanding building materials and are much safer, produces lower levels of vibrations, and flyrock. The increasing number of renovation projects, has uplifted the development of the expansion chemicals and non-explosive breaking market. For instance, the Manitoba government announced US$5 million, for the renovation of Dauphin Regional Health Centre, in order to increase inpatient capacity and to raise the number of endoscopies and surgeries. Thus, the demand for expansion chemicals and non-explosive breaking for demolition and rebuilding of structures will also substantially rise, which is anticipated to expand the market growth in the Asia Pacific region during the forecast period. 

Expansion Chemicals and Non Explosive Breaking Market Drivers

Increasing Activities of Remodelling, Construction, and Renovation is Driving the Market Growth

Expansion chemicals and non-explosive breaking are used excessively for the purpose of remodelling, construction, and renovation, in residential and non-residential buildings such as row homes, commercial, independent homes, industrial, infrastructure buildings, and other buildings. They are used in civil and mining projects for rock breakage. In comparison to conventional explosives, expansion chemical agents are much safer, generates lower levels of vibrations, noise, and fly rock. The increasing activities of renovation and remodelling will drive the expansion chemicals and non-explosive breaking market growth. For instance, according to the Invest India, in 2021, the government invested US$ 1.39 billion for Ansari Nagar redevelopment project in Delhi. Thus, such investments for the remodelling, construction, and renovation activities is driving the market growth. 

Rise in Infrastructural Development is Surging the Demand for Expansion Chemicals and Non Explosive Breaking

The market for expansion chemicals and non-explosive breaking is driven by multiple factors such as infrastructure growth and rapid urbanization in emerging economies. Expansion chemicals and non-explosive breaking find intensive application in the construction industry for rock and concrete demolition, serves in redevelopment of commercial buildings, rebranding, and for other motives. Expansive chemical agents can be applied without any restrictions, unlike explosives that are subject to strict restrictions. It is used to produce little to no noise in the field of rock and concrete breakage. The increment in infrastructural development, will drive the expansion chemicals and non-explosive breaking market. For instance, the Canadian and British Columbian governments invested US$100.6 million, for the Community, Culture, and Recreation Program, in 2020, in order to support cost-sharing of infrastructure development projects in communities across the province, according to British Columbia. Additionally, investments done by the government to modernize old infrastructures is driving the market growth, for instance, in India, the Tamil Nadu government invested US$217.8 million, through the funding from the Japan International Cooperation Agency (JICA) in 2021, to modernize 18 government hospitals, 11 district government hospitals, and seven government medical colleges. Thus, the rising infrastructural development will drive the market growth. 

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Expansion Chemicals and Non Explosive Breaking Market Challenges

Drawbacks Associated with the Use of Expansion Chemicals and Non Explosive Breaking is Hampering the Market Growth

Expansion chemicals and non-explosive breaking are witnessed to slowdown the initial cracking and increased time to reach crack width of 25.4mm. It provides an alternative method for concrete demolition of building structures but it has not been widely adopted, due to the incapacity for designers to model the anticipated response, also the exclusive nature of the material. Thus, such drawbacks associated with the use of expansion chemicals and non-explosive breaking is anticipated to hinder the growth of the market in the upcoming years. 

Expansion Chemicals and Non Explosive Breaking Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies players adopt in the market. Expansion Chemicals and Non-explosive Breaking top 10 companies include:

Dow Chemical

ExxonMobil Corporation

Dexpan

KUBATEC BMT AG

Dyno Nobel

Neoferma

Xiamen PRO Drill Equipment Co., Ltd

MUHU

Lechang Sanqiang Building Materials Co., Ltd.

SinoSource Enterprise Co., Ltd.

Key Takeaways

The North America region dominates the expansion chemicals and non-explosive breaking market owing to the rising growth and increasing investments in the construction industry. For instance, according to the Government of Canada, in 2021, US$33 billion is invested through bilateral agreements between Infrastructure Canada and each of the provinces and territories, for the investment in Canada infrastructural program.

Rapidly rising demand for expansion chemicals and non-explosive breaking in the remodelling, construction, and renovation activities has driven the growth of the expansion chemicals and non explosive breaking market.

The increasing demand for expansion chemicals and non explosive breaking in the rising infrastructural development, due to its usage in the rebuilding of structures by soundless and safe demolition, has been a critical factor driving the growth of the expansion chemicals and non explosive breaking market in the upcoming years.

However, the drawbacks associated with the expansion chemicals and non explosive breaking can hinder the growth of the expansion chemicals and non explosive breaking market.

Relevant Reports

Construction Chemicals Market 

https://www.industryarc.com/Research/Construction-Chemicals-Market-Research-503201

For more Chemical and Materials related reports, please click here

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