Press release
Construction Chemicals Market Growth, Share, Trends, Analysis Report and Overview 2022-2028
The global construction chemicals market is anticipated to grow at a considerable CAGR of 7.8% during the forecast period. Concrete admixtures are additives to the concrete mix that are added before or during the mixing process. Concrete admixtures lower the cost of concrete construction by altering the properties of hardened concrete, resulting in higher quality during mixing, transport, placement, and curing. This enables users to deal with unexpected situations during concrete operations. The allowable dose of admixtures in concrete should be less than or equal to 5% by weight of the cement, according to European Standard EN 206-1. In low-dose situations, however, admixture amounts should be less than 0.2% of the cement.A full report of Construction Chemicals Market is available at: https://www.omrglobal.com/industry-reports/construction-chemicals-market-size
The additive is usually used in a tiny amount, ranging from 0.005% to 2% of the cement's weight. Overuse of admixtures, on the other hand, harms the quality of concrete. Admixtures are classified into numerous sorts according to their purpose, including air-entraining, retarding, accelerating, plasticizing, and water reduction, among others. Shrinkage reduction, corrosion inhibition, workability enhancement, alkali-silica reactivity reduction, bonding, coloring, and damp proofing are all functions of the special category admixtures. Due to the tremendous expansion in construction in India, China, and several Southeast Asian countries, Asia-Pacific has the greatest market for concrete admixture. Various government incentives to encourage infrastructure, combined with an expanding residential sector (due to a growing middle-class population), have aided the construction sector's rise in Asia-Pacific in recent years.
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The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace. For instance, The demand for concrete admixture is rapidly rising. Manufacturers have begun to respond to this desire by taking action. For instance, in March 2019, BASF introduced the Master X-Seed STE additive for the concrete industry. The product was developed specifically for the Asia-Pacific area, and it improves the development and performance properties of concrete.
Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Product
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Akzo Nobel N.V., BASF SE, Arkema Group, Mapei S.p.A., Sika AG, SABIC, and the Dow Chemical Co. among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Constr
uction Chemicals Market Report
Segment
By Product
• Concrete Admixture
• Concrete Sealants & Adhesive
• Protective Coatings
By Application
• Residential
• Non-Residential
Construction Chemicals Market- Segment by Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East and Africa
Company Profiles
• Akzo Nobel N.V.
• Arkema Group
• Ashland Global Holdings, Inc.
• BASF SE
• Birla Corp. Ltd.
• Braskem
• China Petroleum & Chemical Corp. (Sinopec Corp.)
• Fosroc, Inc.
• GCP Applied Technologies, Inc.
• H.B. Fuller Co.
• Huntsman Corp.
• Mapei Group
• Mitsubishi Chemicals Corp.
• Pidilite Industries Ltd.
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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