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Construction Chemicals Market Global Report 2022-27: Overview, Size, Share, Growth, Trends and Forecast

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Construction Chemicals Market Global Report 2022-27: Overview, Size, Share, Growth, Trends and Forecast

September 06
07:36 2022
Construction Chemicals Market Global Report 2022-27: Overview, Size, Share, Growth, Trends and Forecast
IMARC Group expects the market to reach a value of US$ 53.37 Billion by 2027, exhibiting a CAGR of 6.20% during 2022-2027.

The latest research study “Construction Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global construction chemicals market reached a value of US$ 36.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 53.37 Billion by 2027, exhibiting a CAGR of 6.20% during 2022-2027.

Construction chemicals are specialized chemical compounds mixed with cement, concrete and mortar to improve their existing properties and hold the construction material together. They are manufactured with natural and synthetic resins, waxes, and solvents and are available in resin, oil, and organic chemical-based variant. They also enhance heat reflectance, bond strength, moisture retention, and sound insulation properties of various materials. Owing to these properties, construction chemicals, such as concrete admixtures, adhesives, sealants, protective coatings, asphalt modifiers, and waterproofing agents, find extensive applications across the construction industry.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The industry is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.

Download free sample brochure: https://www.imarcgroup.com/construction-chemicals-market/requestsample

Global Construction Chemicals Market Trends and Drivers: 

The market is primarily driven by the expanding construction industry across the globe. In addition, the rising adoption of ready-to-mix concrete (RMC) for constructing tunnels, roads, bridges, and dams is contributing to market growth. Besides this, construction contractors are widely utilizing concrete admixtures to improve the properties of hardened concrete, reduce construction costs, and ensure better quality during mixing, placing, curing, and transporting.

This, coupled with the introduction of innovative products such as the development of green cement manufactured utilizing sustainable materials, is also augmenting the market growth. Furthermore, the rising disposable incomes of consumers, the implementation of favorable government policies to promote infrastructural development, and the increasing repair and refurbishment activities are other factors creating a positive market outlook across the globe.

Construction Chemicals Market Report Scope

Report Coverage

Details

Market size value in 2021

US$ 36.7 Billion

Market forecast in 2027

US$ 53.37 Billion

Growth Rate

CAGR of 6.20% from 2022 to 2027

Base year for estimation

2021

Historical data

2016-2021

Forecast period

2022-2027

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Types:

  • Concrete Admixtures
  • Waterproofing and Roofing
  • Repair
  • Flooring
  • Sealants and Adhesives
  • Others

Breakup by Application:

  • Residential
  • Non-Residential

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

 

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=5655&flag=C

List of Major Key Players:

The major players in the market are 3M Company, ACC Limited (Holcim Group), Arkema S.A., BASF SE, Conmix Ltd, Dow Inc., Evonik Industries AG (RAG-Stiftung), GCP Applied Technologie Inc. (Standard Industries Inc.), Mapei S.p.A, Nouryon Holding B.V., Pidilite Industries Limited, RPM International Inc. and Sika AG.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com

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