Press release
Construction Chemicals Market Size to Boost USD 89.78 Billion By 2032 | CAGR 6.0% - Published by Emergen Research
Construction Chemicals Market
The latest research report serves as a perfect example of the precise analysis of the global Construction Chemicals Market. It includes the ToC, list of tables and figures, research methodology, geographic segmentation, competitive landscape, future developments, and technological innovation. Moreover, the report offers the latest coverage of the massive impact of the COVID-19 pandemic on the worldwide Construction Chemicals industry.
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Drivers of the Construction Chemicals Market :
Several factors propel the growth of the Construction Chemicals Market. One primary driver is the rapid urbanization and industrialization in emerging economies, leading to a surge in construction projects and infrastructure development. Additionally, stringent regulations and building codes mandating the use of construction chemicals to enhance structural integrity, durability, and safety further drive market growth. Moreover, the growing emphasis on sustainable construction practices and green building certifications is increasing the adoption of eco-friendly construction chemicals, driving innovation and market expansion.
Restraints and Challenges
Despite its promising growth prospects, the Construction Chemicals Market faces certain restraints. One significant challenge is the volatility in raw material prices, particularly petroleum-based chemicals and polymers. Fluctuations in oil prices directly impact the production cost of construction chemicals, posing challenges for manufacturers in maintaining competitive pricing. Moreover, the complex regulatory landscape and compliance requirements across different regions and countries present barriers to market entry and expansion. Addressing these challenges while ensuring product quality and performance remains crucial for market players.
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The report also discusses the key players involved in the market such as:
Mapei, Sika, 3M, Evonik, Fosroc, ACC Limited, Cera-Chem Pvt. Ltd., Chembond Chemicals Limited, Flowcrete Group Ltd., and SWC Brother Company Limited.
The report provides a thorough estimation of the overall impact of the pandemic on the Construction Chemicals Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Construction Chemicals Market
Construction Chemicals Latest Industry News
On 20 May 2021, Saint Gobain, which is a leading manufacturer and distributor of performance materials in the construction and industrial markets based in Courbevoie, France, announced the acquisition of Chryso, a global player in the construction chemicals market offering differentiated and innovative solutions, from funds advised by Cinven, an international private equity firm. Chryso's acquisition fits well into Saint-Gobain's strategic ambition of global leadership in sustainable construction. With combined sales of more than USD 3 billion across 66 countries, it will further strengthen the Group's footprint in the burgeoning building chemicals sector.
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Construction Chemicals Market Segment Analysis :
Emergen Research has segmented the global construction chemicals market on the basis of product type, end-use, and region:
· Product Type Outlook (Revenue, USD Billion; 2019-2032)
Adhesives and Sealants
Concrete Admixture
Others
· End-Use Outlook (Revenue, USD Billion; 2019-2032)
Commercial
Industrial
Residential
Others
· Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/construction-chemicals-market
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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