Global Construction Chemicals Market Trends, Applications, Analysis, Growth, and Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global construction chemicals market in its upcoming report titled, “Global Construction Chemicals Market Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global construction chemicals market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global construction chemicals market report has been segmented on the basis of product type, application, and region.

Construction chemicals are widely used in construction and civil repair industry. These chemicals help to enhance concrete strength and quality, provide water-tightness, and protect concrete structures from atmospheric degradation.

Rapid industrialization in developing countries resulting in increasing number of construction activities in countries such as India and China, which is a major factor driving growth of the global construction chemicals market. In addition, growing reconstruction activities in developed countries, owing to increasing government spending on infrastructure development is another factor expected to support growth of the construction chemical market over the forecast period. Furthermore, preference among major players for establishment of new manufacturing plants in developing countries, owing to low cost labors and easy availability of raw materials is anticipated to increase construction activities which in turn is expected to boost growth of the global market.

However, stringent government regulations regarding VOC emission from construction chemicals is a major factor expected to restrain growth of the global construction chemicals market.

Increasing R&D activities by major players for development of eco-friendly construction chemicals products is expected to create new opportunities in terms of revenue for players operating in the global construction chemicals market over the forecast period.

The market in Asia Pacific is expected to dominate the global construction chemicals market in terms of revenue and is expected to continue its dominance over the forecast period. This is attributed to rapid industrialization resulting in increasing construction and reconstruction activities and presence of major manufacturers in emerging economies such as India and China in this region. The markets in North America and Europe is expected to contribute significant revenue shares in the global construction chemicals market. North America is expected to witness fastest revenue growth, owing to increasing government spending on infrastructure development activities in the countries in this region. The markets in Latin America and Middle East & Africa are expected to register moderate growth rate.

Global Construction Chemicals Market Segmentation:

By Product Type:

• Water Proofing Chemicals
• Protective Coating
• Concrete Admixture
• Adhesives & Sealants
• Asphalt Additives

By Application:

• Residential
• Commercial & Industrial

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa