Saudi Arabia Construction Chemicals Market Status, Growth Opportunity, Size, Trends, Key Industry Outlook 20327

According to the latest report from Allied Market Research, the Saudi Arabia construction chemicals market reached $741.1 million in 2019 and is forecasted to hit $1.09 billion by 2027, with a growth rate of 6.9% from 2020 to 2027.

The growth of the Saudi Arabia construction chemicals market is attributed to the increasing demand from the infrastructure and construction sectors, coupled with a rising trend towards green buildings. However, the market faces challenges due to the lack of awareness regarding concrete surface retarders. Nonetheless, the surge in construction activities in the region is expected to create lucrative opportunities for market players in the coming years.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 : 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 specifically 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 various benefits such as improving concrete strength, corrosion protection, enhanced adhesion, and prolonged lifespan of buildings and infrastructure. They find widespread use in both residential and commercial construction projects.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐑𝐞𝐩𝐨𝐫𝐭 @ 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

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/saudi-arabia-construction-chemicals-market/purchase-options

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