Construction Chemicals Market Global Trends, Share, Size, Growth, Opportunity and Forecast 2018 - 2026

                                                                            
Construction chemicals are speciality goods that are essential for long-term infrastructure and energy conservation in the construction sector, as well as for increasing building durability and protecting against environmental dangers.

        Construction Chemicals Market


Construction chemicals are speciality goods that are essential for long-term infrastructure and energy conservation in the construction sector, as well as for increasing building durability and protecting against environmental dangers. In the global construction chemicals market, infrastructure is the most appealing area. Due to the growth in population and urbanisation, which promotes the need for sustainable infrastructure and environmentally friendly products, it would be the first choice for new entrants. Concrete admixtures and other chemical products can also help to reduce the amount of cement and water required during construction.

Construction Chemicals Market growth is fueled by a rapidly developing construction industry and complicated modern infrastructure needs. One of the largest contributors to the building chemicals industry is Asia Pacific. This is due to the building industry's ongoing growth in rising markets like India and China. The Indian construction sector is predicted to rise to a value of US$ 5 billion by 2020, according to the India Brand Equity Foundation (IBEF), which is part of the Department of Commerce, Ministry of Commerce and Industry, Government of India. In addition, many government programmes and international investments have aided the expansion of the region's building chemicals market. India's growing infrastructure needs have attracted a number of investors, including Silver Spring Capital Management, Altico Capital, the Malaysian Construction Industry Development Board, and others. As a result, a favourable climate for market expansion is created.


Market Segmentation:

On the basis of type of product type
  • Concrete admixtures
  • Flooring
  • Roofing
  • Repair
  • Waterproofing
  • Sealants & adhesives

On the basis of application
  • Residential
  • Commercial
  • Industrial

Some of the companies operating in the market of construction chemicals globally are Pidilite Industries, BASF SE, RPM International Inc., Sika A.G., The Dow Chemical Company, Fosroc International, Arkema S.A., Ashland Inc., Mapei S.p.A, and W.R. Grace.

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