Construction Chemicals Market Research - Forecast Report 2018-2024 | Key Players are BASF, W. R. Grace & Co., Fosroc, Arkema, Henkel, AkzoNobel, Mapei, Evonik, Huntsman Corporation, Albemarle Corporation, Ashland, 3M, Pidilite Industries Limited, Tata Che

Construction Chemicals Market to cross USD 50 billion by 2024; according to a new research report by Global Market Insights, Inc. Rapidly escalating infrastructure spending across BRICS countries will be an important factor that will catalyze the global construction chemicals market in the coming years. China construction industry was valued at USD 1.7 trillion for 2015 with extremely strong growth prospects. Other countries of the region with high growth prospects include India and Japan with more than USD 1 billion collective revenue. Growing population and government initiatives to provide low cost homes and develop infrastructure will further augment the construction chemicals market in next eight years.

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Slow growth rate of the construction industry in the developed countries of Western Europe may pose a threat to the overall construction chemicals market in the coming years. Moreover, the European construction industry has been hit hard because of the financial and economic crisis in the union. Most West European countries exhibited a GDP growth rate below 2% in 2015 except Spain with 3.2%, and UK with 2.3%. Construction industry maturity in the countries, resulting into the sluggish growth rate, will restrain the construction chemicals market growth throughout the forecast span.

Concrete admixtures find application across commercial and residential buildings as well as infrastructures, such as bridges, roads, flyovers, etc. In 2015, the segment accounted for above 50% of the overall construction chemicals market size and will witness a significant growth owing to its contribution to cement quality.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. BASF
2. Pulastic sports flooring
3. W. R. Grace & Co.
4. RPM International Inc.
5. Fosroc
6. Arkema
7. Henkel
8. AkzoNobel
9. The Dow Chemical Company
10. Mapei
11. Tata Chemicals
12. gujarat alkalies and chemical ltd
13. Evonik
14. KNOPP
15. Huntsman Corporation
16. Albemarle Corporation
17. tremco illbruck The Netherlands
18. Ashland
19. Pidilite Industries Limited
20. 3M

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Admixtures can be broadly classified into mineral and chemical concrete admixtures. Mineral include fly ash, rice husk ash, silica fume, and granulated blast furnace slag. Chemical admixtures include superplasticizers, normal plasticizers, waterproofing admixtures, air-entraining agents, accelerating agents, and retarding agents.

Asphalt modifiers find extensive application in the construction of roads and highways accounted for less than a tenth of the overall construction chemicals market, but with growing demand for good quality roads and increasing road development activities in the developing countries will likely notably enhance the product demand in the forecast span.

Browse key industry insights spread across 160 pages with 262 market data tables & 11 figures & charts from the report, “Construction Chemicals Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/construction-chemicals-market

Presence of large scale manufacturers characterizes the global construction chemicals market competitive scenario, which is consolidated in nature. Principal product manufacturers include Sika Group, BASF SE, Arkema, W. R. Grace & Company, Dow Chemical, Ashland, Pidlite Industries, RPM International, 3M Company, Fosroc, Henkel AG, Evonik Industries, Tremco Group, Knopp GmbH, Tata Chemicals, Albemarle, MAPEI, AkzoNobel Chemicals, Huntsman Corporation, and Gujarat Alkalies And Chemicals.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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