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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

11-08-2022 10:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Facts & Factors

Construction Chemicals Market

Construction Chemicals Market

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.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @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.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง@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

๐‘๐ž๐š๐ ๐ƒ๐ž๐ญ๐š๐ข๐ฅ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/construction-chemicals-market-by-product-concrete-admixture-concrete-716

๐’๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ž๐ฌ๐ฌ๐ž๐ง๐ญ๐ข๐š๐ฅ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐œ๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐œ๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ, ๐›๐ฎ๐ญ ๐ง๐จ๐ญ ๐ซ๐ž๐ฌ๐ญ๐ซ๐ข๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž 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.

๐“๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ญ๐ก๐ž ๐‚๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐œ๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐š๐ฌ ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ฌ:

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‚๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐œ๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐๐ฒ ๐“๐ฒ๐ฉ๐ž ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

Concrete Admixture
Concrete adhesives
Concrete sealants

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‚๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐œ๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

Non-residential & infrastructure
Residential

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‚๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐œ๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

๐‘๐ž๐š๐ ๐›๐ฎ๐ฒ๐ง๐จ๐ฐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/construction-chemicals-market-by-product-concrete-admixture-concrete-716

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š
The U.S.
Canada
๐„๐ฎ๐ซ๐จ๐ฉ๐ž
Germany
The UK
France
Spain
Italy
Rest of Europe
๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
๐‹๐š๐ญ๐ข๐ง ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š
Brazil
Mexico
Rest of Latin America
๐Œ๐ข๐๐๐ฅ๐ž ๐„๐š๐ฌ๐ญ & ๐€๐Ÿ๐ซ๐ข๐œ๐š
GCC
South Africa
Rest of the Middle East & Africa

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Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction in our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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