Construction Additives Market to Jump at 6.94% CAGR, to Cross US$ 28.95 Billion by 2022, Dominated by Commercial and Infrastructure Sectors

Chemical segment is estimated to dominate construction additives market and is projected to be fastest-growing type during forecast period. This growth can be attributed to factors such as keen interest from contractors and builders in using chemical additives across residential and commercial construction sectors, due to various properties like enhancing the workability of concrete.

The construction additives market was valued at USD 19.50 Billion in 2016 and is projected to reach USD 28.95 Billion by 2022, at a CAGR of 6.94%. The base year considered for the study is 2016 and the market size is projected from 2017 to 2022.

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Report aims at estimating construction additives market size and future growth potential of the market across different segments, such as type, end-use sector, and region. The other objectives include providing detailed information regarding the main factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges).

Key Target Audience
• Additives manufacturers
• Construction additives traders/distributers/suppliers
• Government contractors
• Architects & engineers
• Market research and consulting firms
• Regulatory bodies
• Research organizations
• Association and industry bodies
• End-use industries

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The commercial sector is projected to be the fastest-growing segment in the construction additives market during the forecast period. The gradual shift of building contractors and consumers toward cost-efficient, eco-friendly, modern building techniques, and the utilization of ready-mix concrete in developing countries create growth opportunities for the construction additives market.

Construction Additives Market, By Type
1 Introduction
2 Mineral Additives
3 Chemical Additives
4 Plasticizers
5 Accelerating Additives
6 Retarding Agents
7 Air-Entraining Agents
8 Waterproofing Additives
9 Other Chemical Additives
10 Fiber Additives

More Information on “Construction Additives Market by Type (Chemical (Plasticizers, Air-entraining, Waterproofing, Retarding agent), Mineral, Fiber), End-use Sector (Residential, Commercial, Infrastructure), and Region - Global Forecast to 2022” report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1268812 .

Primary interviews were conducted with a number of industry experts to collect data related to different aspects of construction additives market. Estimates reached after analyzing secondary sources were validated through these interviews. Primary sources included professionals like constructors, concrete suppliers, additives manufacturers, distributors, consultants, & academic professionals.

The distribution of primary interviews is as follows:
• By Company Type: Tier 1 –35%, Tier2 –30%, Tier 3 –35%
• By Designation: C-Level –65%, ManagerLevel–35%
• By Region: Europe –28%,North America–25%, Asia Pacific –22%, Middle East & Africa –15%, and South America – 10%

Other objectives include providing detailed information regarding main factors influencing the growth of market (drivers, restraints, opportunities, and industry-specific challenges). It also aims to study individual growth trends, future prospects, and contribution of various segments to total market.

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This release was published on openPR.