Construction Chemicals Market Growth | Key Players and Opportunities | Forecast To 2024

1. Construction Chemicals Market Revenue Drivers, Growth Opportunities, Supply Chain Analysis and Forecast Research Report Till 2024 “The global Construction Chemicals Market is anticipated to reach USD 67.61 billion by 2024, expanding at a 6.3% CAGR during the forecast period.” The global Construction Chemicals Market research report provides complete insights on industry scope, global trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready, data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development. Market Overview: The global Construction Chemicals Market is anticipated to reach USD 67.61 billion by 2024, expanding at a 6.3% CAGR during the forecast period. Rising requirements from numerous end-use industries including residential & non-residential and infrastructure is expected to drive the market growth over the next nine years. Key Players: The major players in the global construction chemicals market are FOSROC chemicals, BASF SE, Grace & Co., Arkema S.A., Dow chemicals, Pidilite Industries Ltd., Mapei S.P.A and RPM International Inc. The market is extremely competitive in nature with key players engaged in product innovation and R&D. The U.S. based manufacturer, Dow Chemicals is a key player in this market. The firm manufactures a wide range of sealant products and adhesives. Strategic agreements and launching innovative products has helped the company to preserve their position in the construction chemicals market globally.

2. Request free sample to get complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/construction-chemicals-market/request-sample Growth Drivers: The market expansion is expected to be driven by rapid shift towards urbanization and rising focus towards infrastructure development in emerging economies. Moreover, government initiatives in emerging economies such as India are also presumed to drive the market growth. The market growth is also expected to witness a significant expansion on account of rising rate of mergers and acquisitions by major players in the market. In addition, technological innovations have resulted in the rise in usage of other specialty chemicals which consist of chemical flooring, surface coating chemicals, grouting compounds and structural adhesives. Product Outlook: Concrete Admixtures Concrete Adhesives Concrete Sealants Protective Coatings Regional Insight: With a market share over 45%, the Asia Pacific region was valued as the largest market for the product globally in 2015. India and China are the key markets in the region contributing over 50% of the total regional market size. The growth of construction chemicals market is directly associated with the development of construction sector. Asia is presumed to witness an investment of about USD 8.0 trillion by the year 2020 according to the Asia development bank. Growing urbanization trend and increasing disposable income of population in countries such as India, Vietnam and China has generated a necessity for better transport systems, water & sanitation facilities and buildings. Further, numerous international investors are focusing on re-allocating their capital in APAC. Construction and infrastructure activities have seen a rapid growth in the country since the launch of 2011-20 Economic Transformation Program (ETP) by the Malaysian government. The construction sector in Vietnam was valued at USD 24.0 billion in the year 2012. All these factors are projected to result in the consistent growth of construction industry in APAC region, which in turn will cause a high growth of construction chemicals in this region. Browse Related Category Research Reports @ https://blog.naver.com/tomclark

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