Worldwide Construction Chemicals: The APAC Region Will Lead the Water Pumps Market Through 2026 | At a CAGR of 5.9%

Asia-Pacific contributed to the highest market share in 2018, holding more than two-fifths of the market, and is estimated to maintain its leadership status based on revenue during the forecast period. Moreover, this segment is estimated to witness the highest growth rate with a CAGR of 6.7% from 2019 to 2026. In addition, North America is estimated to portray a CAGR of 4.4% throughout the forecast period. The report also discusses Europe and LAMEA.

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A complete and wide-ranging evaluation of the aspects that drive and restrain the market growth is also provided throughout the study. This detailed exploration of the market size and its proper segmentation help the market players define the prevalent opportunities that are looming large.

The global construction chemicals market generated $31.98 billion in 2018, and is expected to generate $50.6 billion by 2026, witnessing at a CAGR of 5.9% from 2019 to 2026.

The report helps clients in comprehending the first-hand knowledge of the global market while providing a full-fledged understanding of the regional-level analysis of each segment. At the same time, the study contain in-depth information of the frontrunners that are active in the industry along with their financial agenda, segmental profits, company trends, services/products offerings, and major adopted stratagems.

The construction chemicals market is further segmented into concrete admixtures, sealants & adhesives, water proofing & roofing, repair, flooring, and others. Among these sub-segments, the concrete admixtures and water proofing & roofing segments together held the largest market share of the market in 2018, contributing to nearly two-thirds of the total market share.

The Construction chemicals market report keeps a perfect tab on the market share of several companies, recent market trends, revenue forecast, and new product launches across the market. The report includes company profiles that delineate the revenue share of the top competitors in the market. Simultaneously, the report provides revenue forecasts for four regions and more than twenty major countries across Asia-Pacific, LAMEA. North America and Europe.

Surge in urbanization activities, compliant manufacturing standards, and the growth of the construction industry across the globe fuel the growth of the global construction chemicals market. However, lack of awareness among consumers and varying regulatory scenario restrain the market growth.

Construction Chemicals Covered Market:- BASF SE, Ashland Inc., Arkema SA, Mapie S.p.A, Fosroc International Limited, RPM International Inc., Pidilite Industries, The Dow Chemical Company, Sika AG and Other.

Analysis of COVID-19 impact:

The outbreak of the pandemic has had a massive impact on the majority of industries and the Construction chemicals market was also not an exception in this regard. The report provides a detailed study on the micro- and macro-economic impact during the pandemic. Additionally, it emphasizes the direct impact of the COVID-19 pandemic on the Construction chemicals market in the form of qualitative study. The report offers explicit details regarding the market extent and shares during this unprecedented time. At the same time, the major strategies adopted by the market players to combat the global crisis is also covered under the report. Last but not the least, the report highlights how the pandemic has distorted the supply chain of the market and takes in a post-COVID-19 analysis too.

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