[PDF] Which Are The Major Product Fields To Be Invested In During The Projected Period In The Global Construction Chemicals Market?
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Construction chemicals are primarily chemical substances used in construction projects. They are mostly utilized to speed up the manufacturing process, add strength and sustainability to the structures, or add longevity and functionality to the materials. Urbanization has taken up a significant pace across the globe, especially in emerging economies. With continuous urbanization, construction and infrastructure activities have increased significantly. As per the United Nations (UN), by 2050, around 68% of the global population is expected to live in urban areas, increasing from 55% in 2018. As per the same source, in 2018, around 4.2 billion people were living in urban areas, increasing from 751 million in 1950. Thus, such factors can stimulate growth of the construction chemicals market.
Construction chemicals, most commonly, are man-made organic chemicals, which are widely used in the construction industry. This chemical component is specially designed to meet various construction needs in the long run. As far as geographical impact is concerned, Asia Pacific seems to be gaining significant traction in the construction chemicals market. This growth could be attributed to rapid urbanization, rising disposal income, and growing population. On the contrary, North America is exhibiting a positive outlook due to high demand from the construction industry in the region. Recently, in June 2021, JSW Cement launched a range of construction chemicals including readymix plaster ‘Enduro Plast, waterproofing compound ‘Krysta Leakproof’, and floorhardner ‘Duraflor’.
One of the most common construction chemicals that are found in most structures is cement. Cement is an extremely durable substance, which is why it is the most commonly used material in construction materials. Despite these advantageous factors, there are certain challenges that can restrict the future development of the market. For instance, frequent fluctuations in raw materials prices remain one of the major challenges and can impede growth of the construction chemicals market. Moreover, unstable economic cycles can also restrict the market growth.
Another chemical component found in many construction materials is adhesives. Adhesives are also used for construction purposes because they help in binding or interlocking various parts of structures together. The most common adhesives used for binding are polymers, which are generally safe and highly functional. High demand for construction chemicals can also be attributed to improved quality and economics of construction. Many emerging economies are witnessing the improved quality of construction and infrastructure activities, which has further accelerated the demand for advanced construction chemicals including adhesives, sealants, epoxy grouts, concrete admixtures, concrete curing compounds, water repellants, etc. Hence, such factors can bolster growth of the construction chemicals market.
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Table of Contents
Research Objectives and Assumptions
Market Dynamics, Regulations, and Trends Analysis
Global Construction Chemicals Market – Impact of Coronavirus (Covid-19) Pandemic
Global Construction Chemicals Market, By Price Range, 2017 - 2027 (US$ Million)
Global Construction Chemicals Market, By Operating System, 2017 - 2027 (US$ Million)
Global Construction Chemicals Market, By Region, 2017- 2027 (US$ Million)
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2016-2027) of the following regions are covered:
North America (Canada, Mexico)
Europe (UK, France, Italy)
Asia-Pacific (China, Japan)
South America (Brazil, Argentina)
Middle East and Africa
Key questions answered in this report:
Which players hold the significant Construction Chemicals market share and why?
What strategies are the Construction Chemicals market players forming to gain a competitive edge?
Why region is expected to lead the global Construction Chemicals market?
What factors are negatively affecting the Construction Chemicals market growth?
What will be the value of the global Construction Chemicals market by the end of 2027?
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Primary Research (Trade Surveys and Experts Interviews)
Proprietor Data Analytics Model
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