Construction Chemical Market 2019: Business Strategies, Growth Analysis, Advance Technology and New Innovations – BOSTIK, UROMIX CHEMICAL SDN BHD, Fosroc International Limited

Construction Chemical Market

The global construction chemical market was valued at USD 226.41 million in 2018 and is projected to reach a value of USD 369.39 million by 2026, registering a CAGR of 6.31% during the forecast period, 2019–2026.

Construction chemicals are the additivities that provides additional durability and functionality to various structures and are most commonly used with cement, concrete, and other construction materials. Products are primarily applied to achieve certain desired characteristics in concrete such as high compressive strength, high workability, and high performance and endurance parameters to meet the requirement of complexity of modern structures. Admixtures are used to alter properties such as heat of hydration, water reduction, dispersion and air-entrainment, accelerating or retarding setting time, impermeability and durability factors. Whereas, hardeners are used with structures to seal them against moisture and making them dustproof. These chemicals aid in moisture retention, provides enhanced bond strength, increases resistance and reduces drying time of mortar, improves the appearance and yield with same quantity of construction materials.

Waterproofing chemicals is expected to hold significant share in global construction market owing to benefits offered such as strengthens the structure, prevents mold, reduce maintenance costs, health environment and Increase property Value.
Growing global construction and rapid economic growth in developing countries including India, china, and Brazil is fueling the growth of industrial, commercial, and pubic infrastructure in these countries is likely to surge the construction chemical market.  For instance, according to the India Brand Equity Foundation (IBEF), India has requirement of investment worth USD 777.73 billion in infrastructure by 2022. However, unstable economic cycle and established infrastructure in developed economies might restrain the growth of the market. Increased usage of Ready-To-Mix Concrete (RMC) in developing economies and innovation in new products and services provides several opportunities to market players to strengthen their market position.

North America is expected to witness a significant growth for construction chemical market during the forecast period 2018–2025 owing to the growing residential construction sectors along with the increasing usage of construction chemicals. U.S. is expected to dominate the regional market owing the growing number of residential new projects. For instance, U.S. Census Bureau, number of privately-owned housing units received the building permits is increased 1,273,000 to in June 2018, from approximately 950,000 in June 2013.

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The Major Prominent Players Covered in this Report:
BOSTIK, UROMIX CHEMICAL SDN BHD, Fosroc International Limited, DowDuPont Inc., Lafarge S.A., Pidilite Industries., and Axelchem SDN BHD. & More.

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

By Type
Concrete Admixtures
Adhesives & Sealants
Waterproofing
Flooring
Repair & Rehabilitation
Others

By Application
Residential
Commercial
Industrial
Others

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Steerable Medical Devices in these regions, from 2019 to 2026, covering:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Key Construction Chemical Market Trends:
- The report identifies, determines, and forecasts the Global Construction Chemical Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Construction Chemical Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Construction Chemical Market.

Key Questions Answered in The Report:
What will the Construction Chemical market growth rate?
What are the key factors driving the global Construction Chemical market?
Who are the key manufacturers in the Construction Chemical market space?
What are the market opportunities, market risk, and market overview of the Construction Chemical market?
What are sales, revenue, and price analysis of top manufacturers of the Construction Chemical market?
Who are the distributors, traders, and dealers of the Construction Chemical market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Construction Chemical Industry?
What are sales, revenue, and price analysis by regions of Construction Chemical industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

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This release was published on openPR.