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Saudi Arabia Construction Chemicals Market Market Growing at 6.9% from 2023 to 2032; to Hit $1.09 Billion by 2027 | Growth, Share Analysis, Company Profiles
As per the report published by Allied Market Research, the Saudi Arabia construction chemicals market was pegged at $741.1 million by 2019, and is projected to reach $1.09 billion by 2027, growing at a CAGR of 6.9% from 2020 to 2027.Increase in demand from the infrastructure and construction industry and rise in demand for green buildings have boosted the growth of the Saudi Arabia construction chemicals market. However, lack of awareness regarding concrete surface retarders hampers the market growth. On the contrary, surge in construction activities in the region is expected to open lucrative opportunities for the market players in the future.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/A09390
The Saudi Arabia construction chemicals market is divided on the basis of product and application. Based on product, the market is categorized into concrete admixture, waterproofing and roofing chemicals, protective coatings, adhesive and sealants, industrial flooring, asphalt additives, repair and rehabilitation, and others. The waterproofing and roofing chemicals segment is expected to manifest the highest CAGR of 7.5% during the forecast period. However, the concrete admixture segment held the lion's share in 2019, accounting for around one-fourth of the market.
Construction chemicals, also referred to as specialty construction chemicals or construction chemical products, are specially formulated substances designed to enhance the performance, durability, and overall quality of construction materials and structures. These chemicals play a vital role in the construction industry by offering benefits such as improving concrete strength, corrosion protection, enhanced adhesion, and prolonging the lifespan of buildings and infrastructure, utilized in both residential and commercial projects.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.alliedmarketresearch.com/purchase-enquiry/A09390
On the basis of application, the market is divided into residential, industrial and commercial, and infrastructure. The residential segment held the largest share in 2019, contributing to nearly half of the market. Moreover, the segment is estimated to register the highest CAGR of 7.0% during the forecast period.
The Saudi Arabia construction chemicals market report includes an in-depth analysis of the key market players such as Ashland Inc., Arkema S.A., Construction Material Chemical Industries, BASF SE, Fosroc International Ltd., Don Construction Products Ltd., Polywed Construction Chemicals, Meister Co., SAAK Construction Chemicals, SABIC, Sika Ag, and The Dow Chemical Company
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/saudi-arabia-construction-chemicals-market/purchase-options
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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