Construction chemicals are used in construction and renovation activities whether it is residential, non-residential or non-building. These chemicals are essential for high strength and quality, providing water-resistance and protection from the external environment. The Construction Chemicals Market report has recently been added by Value Market Research, this monitoring report establishes the facts based on the current scenarios, historical records from 2020 till 2027 to forecast the future.
The broader construction chemicals market has been sub-grouped into product and end use. The report studies these subsets in relation to geographic division. Strategists can gain detailed insights and devise suitable strategies to target the specific market. This detail will lead to a focused approach to identify better opportunities.
By Product
Concrete Admixtures
Concrete Adhesives
Concrete Sealants
Protective Coatings
By End-Use
Residential
Non-residential & Infrastructure
In addition, the report includes geographic segmentation that focuses on current and forecast demand for construction chemicals primarily in North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The report further focuses on the demand for different application segments across sectors.
Major players in the construction chemicals market include SIKA AG, Chembond Chemicals Limited, RPM International Inc., Cera-Chem Private Limited, MAPEI Corporation, Fosroc International Ltd., Bostic Inc., H.B. Fuller, Henkel AG & Company, BASF SE, The Dow Chemical Company and Pidilite Industries.
The growth of construction chemicals is primarily driven by an increase in construction activity around the world. Rapid growth in emerging countries like China and India and increasing use of innovative products and materials in construction activities has fueled the growth of construction chemicals markets. Rising construction costs in both new construction and refurbishment projects will drive demand for construction chemicals. However, volatility in prices can hamper the market’s growth.
Source: https://www.valuemarketresearch.com/report/construction-chemicals-market
Nishtha Sarabhai after working for three years in a Bank switched to writing to balance her work and home. She is a mother of two beautiful kids. She enjoys writing on Aerospace, Science and new invcentions. She has been with VMR news since its inception.