Global Construction chemicals Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Construction chemicals Market By Product Type, and Application: Global Opportunity Analysis and Industry Forecast, 2018–2025,” the Construction chemicals Market was valued at XX million in 2017, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
Construction chemicals are the chemical compounds used in construction and civil industry. These chemicals help enhance strength and quality of concrete, protect structure from degradation and provide water tightness.
The growing awareness about environmental effects and Changing regulatory guidelines across the world encourages the energy efficient and green buildings will drive demand for suitable, innovative and safe chemicals. Opportunities are lies into increase in foreign investment activities, government regulation, that are based on the concept of ‘Go Green’, Urbanization, and rise in housing demand as well as growing preference for ready mix concrete.
Developing countries such as India, China, Brazil, are accelerating the growth of global construction chemical market as these markets having large number of projects for residential, commercial and public infrastructure. Growth of construction industry, increased focus on quality, demand of enhanced aesthetics and increasing awareness about technical advancements resulted into increasing demand of construction chemicals.
This report provides a detailed analysis of Construction chemicals market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and porter’s analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources supported with either bottom up or top down approach.
Construction chemical market is comprises of large MNCs and small scale manufacturers as well. Low entry barrier resulted into high competition and because of high competition low value products are being sold in market. Moreover, lack of skilled work force is also hampering the growth of this sector.
Global construction chemical market is segmented based on the Product Type (Asphalt Modifiers, Concrete Admixture, Minerals, Adhesives, Sealants, Protective Coatings), & End-User (Residential, Commercial Infrastructures, and Industrial Infrastructures).
Key Question Answered: • What will be the market size in 2025 and at what rate it will grow? • What trends, barriers, challenges are influencing its growth? • Who are the major key players in Global Construction chemicals Market and what are their strategies? • What segment and region will lead the market and why?
The major companies profiled in the report include: BASF, Sika Group, Arkema, Dow Chemical, W. R. Grace & Company, RPM International, Fosroc, Ashland, Evonik Industries, 3M Company And others.
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