Construction Chemicals Market: Global and Regional Analysis with Forecast till 2028, Business Opportunities, Post COVID Scenario

According to the report, the global Construction Chemicals market is expected to grow from $34.18 Billion in 2019, which is expected to reach $52.25 Billion by 2027, growing at the CAGR of 5.5% from 2020 to 2027. This growth is attributed to the increased population in an urban area and the increasing demand for admixture. Admixtures include a range of chemicals that are used in the construction industry to improve the performance of concrete and mortar. Admixtures are the drivers of the Construction Chemicals Market and the demand for these chemicals is on the rise as the need to create durable and low maintenance infrastructure increases. the major factor restraining the growth in the Construction Chemicals Market is the limited construction activities in developed countries. The major opportunities in the Construction Chemicals Market are the usage of hydrophilic polymers to be added in water and concrete and use in coatings and mortars and to use coatings and mortars in high rise buildings.

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The recently published research report on Global Construction Chemicals Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Construction Chemicals market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Construction Chemicals market report also includes the following data points:
• COVID19 Impact on Construction Chemicals market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Construction Chemicals market

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Key Players
Some of the major Construction Chemicals players holding high market share include BASF SE, Sika AG, Henkel AG & Company, The Dow Chemical Company. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• BASF SE
• Sika AG
• Henkel AG & Company
• The Dow Chemical Company
• Arkema SA
• Fosroc International Limited
• Mapie S.p.A
• Pidilite Industries
• RPM International
• R. Grace & Co.

Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Construction Chemicals Market:
o Concrete Admixture
o Construction Adhesive
o Construction Sealant
o Flame Retardant
o Protective Coating
o Waterproofing
o Others

Market Segment By Application with the focus on market share, consumption trend, and growth rate of Construction Chemicals Market:
o Residential
o Non-Residential

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Global Construction Chemicals Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific

• Rest of the World
o South America
o Middle East & Africa

The Asia Pacific is the fastest-growing region in the construction chemicals industry due to high construction activity and rapidly growing economies of the countries like China and India

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