Jersey City, New Jersey, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Construction Chemicals Market” By Type (Concrete Admixture, Construction Adhesive, Construction Sealant), By Application (Residential, Infrastructure, Industrial), and By Geography. According to Verified Market Research, the Global Construction Chemicals Market size was valued at USD 37,045.34 Million in 2020 and is projected to reach USD 56,173.87 Million by 2028, growing at a CAGR of 6.13% from 2021 to 2028.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=11017
Browse in-depth TOC on “Construction Chemicals Market”
202 - Pages
126 – Tables
37 – Figures
Global Construction Chemicals Market Overview
Construction chemicals are used in construction works as chemical compounds. They are essentially used to expedite up the process and add more sustainability and strength to the structures. The use of construction chemicals in different building materials during the construction work enhances workability, performance, adds functionality, and preserves the basic or customized elements of a structure. These chemicals are the most crucial element of any chemical industry. Construction chemicals have changed the milieus of the entire construction industry. Their application has improved the quality of building materials and is hence used extensively in construction projects to offer sustainability.
Across the globe, cities are introducing initiatives aimed at improving infrastructure. Around 2050 more than two-thirds of the overall population in the world is forecasted to be living in urban areas. This rapid increase would mainly be observed in developing countries. Besides, regions like Africa and Asia are still comparatively less urbanized than other regions and hence are estimated to have the fastest urban growth rates. Africa’s urban population is predicted to jump from 40 percent today to 56 percent by 2050, whereas Asia’s from nearly 48 percent to 64 percent. The regions China and India are to be held as the key contributors for Asia with absolute disposable income growth owing to greater urbanization, strong economic growth, and increasing population. The increase in per capita disposal income and improved standard of living shall raise the overall market growth.
However, the increase in producer prices for construction materials over the past year has considerably exceeded the contractor’s ability to charge more for projects. This gap indicates that the contractors are being caught with huge costs that they did not anticipate and cannot pass on. This thereby restricts the market growth.
Key Players
The major players in the market are Dow Chemical Company, BASF SE, Henkel Ag & Co. KGAA, Sika AG, Akzonobel Chemicals AG, Bostik Limited, Fosroc International, Arkema SA, Ashland Inc., RPM International Inc, among others.
Verified Market Research has segmented the Global Construction Chemicals Market On the basis of Type, Application, and Geography.
- Construction Chemicals Market, By Type
- Concrete Admixtures
- Construction Adhesive
- Construction Sealant
- Flame Retardant
- Construction Chemicals Market, By Application
- Residential
- Industrial
- Infrastructure
- Repair Structures
- Construction Chemicals Market by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
- North America
Browse Related Reports:
Testing, Inspection, And Certification (TIC) Market By Sourcing Type (In-house Services, Outsourced Services), By Service Type (testing, inspection, and certification), By Application (Consumer Goods and Retail, Agriculture and Food, Chemicals, Healthcare), By Geography, Forecast, 2021-2028
Roofing Market By Type (Materials and Chemicals), By Application (Residential, Commercial, Non-Residential), By Geography, Forecast, 2021-2028
Water Treatment Chemicals Market By Product (Corrosion inhibitors, Scale inhibitors, Chelating agents), By End-Use Industry (Residential, Commercial, Industrial), By Geography, Forecast, 2021-2028
Rubber Processing Chemicals Market By Type (Anti-Degradants, Accelerators, Flame Retardants, Processing Aids/Promoters), By Geography, Forecast, 2021-2028
World’s Top 10 Agrochemical Companies redefining agriculture by using latest technology
Visualize Construction Chemicals Market using Verified Market Intelligence:-:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals, and critical revenue decisions.
Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.
