Construction Additives Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

Key Highlights:
• The global Construction Additives market size is expected to grow at a CAGR of 7.2% from 2021 to 2028.
• North America dominated the market in 2021
• Asia Pacific is expected to grow at the highest CAGR from 2021 to 2028

As per the study initiated by Evolve Business Intelligence, The global Construction Additives market size is expected to grow at a CAGR of 7.2% from 2021 to 2028. Construction additives refer to a diverse group of substances integrated into construction materials to enhance their performance, durability, and workability. These additives are incorporated during the manufacturing or mixing process of materials like concrete, cement, asphalt, and mortars to impart specific characteristics or address deficiencies. Common construction additives include accelerators, retarders, plasticizers, air-entraining agents, and waterproofing agents. Accelerators expedite the setting and hardening of concrete, while retarders delay these processes, providing flexibility in construction timelines. Plasticizers improve the workability and flow of concrete, making it easier to handle, while air-entraining agents create tiny air bubbles, enhancing freeze-thaw resistance. Waterproofing agents protect structures from moisture infiltration. By tailoring the properties of construction materials, additives contribute to the overall efficiency, strength, and longevity of structures in diverse environmental conditions.

Report Description: https://evolvebi.com/report/construction-additives-market-analysis/

The Construction Additives market is primarily driven by the increasing demand for advanced and high-performance construction materials, coupled with the growing emphasis on sustainable and eco-friendly building practices. As construction projects become more complex and diverse, there is a rising need for additives that can enhance the strength, durability, and overall performance of construction materials.

Key Players
Some of the major Construction Additives Market players holding high market shares include BASF, Sika, DOW, R. Grace & Co., and RPM International. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Chryso, Evonik Industries, Mapei, Fosroc International, and Cico Group.

Request/Download PDF Sample:: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=021474

Segmental Analysis
Based on Product Type, the Construction Additives market is segmented into Chemical, Mineral, Fiber, and Others. The dominance of the Chemical segment in the Construction Additives market is attributed to its pivotal role in providing diverse additives such as plasticizers, accelerators, and waterproofing agents essential for enhancing the performance and durability of construction materials.
Based on Application, the Construction Additives market is Residential, Commercial, and Others. The Construction Additives market's projected high CAGR in the Residential segment is attributed to the increasing demand for innovative additives, including plasticizers and water repellents, to enhance the durability, sustainability, and aesthetic qualities of residential construction materials, meeting the rising expectations of homeowners for quality and longevity in their properties.

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Address
Evolve Business Intelligence
C-218, 2nd floor, M-Cube
Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

This release was published on openPR.