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Rising at 7.5% CAGR, Construction Chemicals Market Share to Reach USD 62 Billion, Globally by 2026: Comprehensive Research Report by Facts & Factors
According to the findings of the Facts and Factors report titled "Construction Chemicals Market By Product (Concrete Admixture, Concrete adhesives, and Concrete sealants) and By End-user (Non-residential & infrastructure and Residential): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026," the global construction chemicals market in 2019 was valued at approximately It is estimated that the market would expand at a compound annual growth rate of 7.5% and will reach close to USD 62 Billion by the year 2026.The use of construction chemicals, which are specialized materials, is essential for the construction of sustainable structures and the conservation of energy. Construction chemicals also extend the lifespan of buildings and exacerbate environmental problems. The term "construction chemicals" refers to chemical substances that are used to alter the characteristics of building materials. The use of these compounds in buildings results in lower overall water use.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ง ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.fnfresearch.com/sample/construction-chemicals-market-by-product-concrete-admixture-concrete-716
They play a significant part in the overall improvement of construction efficiency as well as efficiency in non-construction related fields. These chemicals can be organized into a variety of product categories, such as concrete materials, building sticks, protective coatings, and screens. Polymers are the principal raw materials that are utilized in the construction of practically every chemical compound. Every step of the production process involves collaboration between multiple parties, including the chemical manufacturer, the retailer of industrial building materials, and the end user.
The market for chemicals used in buildings is quite lucrative, and the infrastructure sector dominates it. This is the first option for new entrants, despite the fact that development and urban planning are the primary drivers of the necessity for sustainable infrastructure and products that are favorable to the environment. In a similar vein, chemical goods, such as concrete mixtures, can assist in reducing the quantity of cement and water that would otherwise be necessary for the construction process. To satisfy the requirements of both the expanding global population and the urbanization in question, the construction industry needs additional supplies of chemicals. The growing need for buildings that are resistant to earthquakes in regions such as the Asia Pacific Fire Ring, the East Coast of North and Latin America, Europe's and Asia Pacific's Alpide Belt, and the Alps, would lead to an increase in the market demand for sturdy and weather-resistant buildings and infrastructures.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/customization/construction-chemicals-market-by-product-concrete-admixture-concrete-716
On the basis of Product, concrete admixtures dominated the market in 2019, the concrete admixtures are components added to the concrete blend before or during the blending. This segment is forecasted to witness significant growth over the forecast period owing to its properties such as changing the characteristics of hardened concrete, thus improving its performance during the process of mixing, healing, carrying, etc.
Based on the end-user, the residential segment held the leading market share in 2019 for the global construction chemical industry. This segment is projected to grow over the forecast period owing to the rising demand for residential housing in rural as well as the urban area
๐๐๐๐ ๐๐๐ญ๐๐ข๐ฅ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/construction-chemicals-market-by-product-concrete-admixture-concrete-716
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ฌ๐ฌ๐๐ง๐ญ๐ข๐๐ฅ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐จ๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ, ๐๐ฎ๐ญ ๐ง๐จ๐ญ ๐ซ๐๐ฌ๐ญ๐ซ๐ข๐๐ญ๐๐ ๐ญ๐จ ๐ข๐ง๐๐ฅ๐ฎ๐๐ 3M, Arkema Group, Ashland, BASF SE, Bolton Group, Cemetaid (N.S.W.) Pty Ltd, Chryso SAS, CICO Group, Conmix Ltd, DowDuPont, Fosroc Inc., Franklin International, GCP Applied Technologies Inc., Henkel AG & Co. KGaA, LafargeHolcim, MAPEI SpA, MUHU Construction Materials Co. Ltd, Nouryon, RPM International Inc., Sika AG, Thermax Global, and others.
๐๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐ญ๐ก๐ ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ฌ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ฌ:
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ ๐๐ฒ๐ฉ๐ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
Concrete Admixture
Concrete adhesives
Concrete sealants
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
Non-residential & infrastructure
Residential
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
๐๐๐๐ ๐๐ฎ๐ฒ๐ง๐จ๐ฐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/construction-chemicals-market-by-product-concrete-admixture-concrete-716
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐
The U.S.
Canada
๐๐ฎ๐ซ๐จ๐ฉ๐
Germany
The UK
France
Spain
Italy
Rest of Europe
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
๐๐๐ญ๐ข๐ง ๐๐ฆ๐๐ซ๐ข๐๐
Brazil
Mexico
Rest of Latin America
๐๐ข๐๐๐ฅ๐ ๐๐๐ฌ๐ญ & ๐๐๐ซ๐ข๐๐
GCC
South Africa
Rest of the Middle East & Africa
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