Opportunities Exist in the Construction Chemicals Market Due to Urbanisation and Sustainability Efforts | Future Market Insights, Inc. Analysis

Asia Pacific dominates the construction chemicals market during the forecast period. Products for concrete admixtures are growing in popularity on the global construction chemicals market. Construction Chemicals Market to 2032 - Featuring RPM International, Sika and BASF Among Others.

NEWARK, Del., Sept. 13, 2022 /PRNewswire/ -- According to a recent industry analysis by Future Market Insights, the construction chemicals market is expected to be worth US$ 54.85 billion in 2022. (FMI). Over the projection period, demand is expected to increase at a CAGR of 6.7%.

Major players in the construction chemical industry are focusing on environmentally friendly and sustainable products for cool roof treatments, thermal insulation, overall building protection, polycarboxylate ether-based green admixtures, and underground structure protection.

Demand for construction chemicals is boosted by rising living standards and per capita disposable income. There is probably more residential and non-residential construction to accommodate the growing demand brought on by urbanization. However, government regulations forbid the excessive use of construction chemicals, as VOC emissions prevent the construction chemicals market for these materials from growing.

In order to emphasize multifunctional properties and significantly support unique materials with a variety of uses, the building chemicals industry is generating a wide range of solutions, such as small changes of conventional materials and the development of new material assemblages.

Request a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-284

Applications of construction chemicals are essential for maintenance tasks. The importance of maintaining, repairing, and enhancing existing structures, particularly for residential and infrastructural developments, is what drives demand for construction chemicals.

Numerous government initiatives to promote infrastructure development, together with the rising residential sector, have significantly supported the market expansion in the area over the predicted period.

Key Takeaways  

• The construction chemicals market is likely to have a CAGR of 6.7% during the forecast period.
• According to the application, the resident segment holds the largest share during the forecast period for the construction chemicals market.
• North America holds a significant share in the global construction chemicals market.
• Based on type, concrete admixture accounted for the 36% construction chemicals market share in 2021.
• During the forecast period, Asia Pacific is expected to dominate the construction chemicals market.
• The value of the construction chemicals market is expected to be US$ 104.92 billion by 2032.

Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-284

Competitive Landscape:

To meet changing consumer demand, manufacturers of construction chemicals prioritize increasing production capacity. Construction chemical market trends are predicted to be influenced by portfolio expansion and divestment plans over the anticipated time period.

To boost their market share in the construction chemicals industry, the leading companies in this space mostly employ acquisition and growth strategies.

The DOW Chemical Co., RPM International Inc, Ashland Inc., MAPEI, Akzo Nobel NV, Arkema SA, Fosroc, Pidilite Industries, Covestro AG, Henkel AG & Co. KGaA, HB Fuller Company, Lanxess AG, The 3M Company, Wacker Chemie AG, Huntsman Corporation, Momentive Performance Materials, Guangzhou Jointas Chemical Co. Ltd are some major key players in the construction chemicals market.

Recent Developments

• In July 2021, Saint-Gobain and Chryso, a major player in the worldwide construction chemicals market, entered into a purchase agreement. The purchase of Chryso matches Saint-strategic Gobain's ambition of being the global leader in sustainable construction. With combined sales of more than €3 billion across 66 countries, it further increased the Group's footprint in the developing construction chemicals sector.
• With the debut of a distinct green product line in the category, JSW Cement, India's top green cement business, entered the construction chemical market in June 2021. JSW Cement now has new chances to connect innovation in concrete mix products with ethical construction thanks to the Construction Chemical category. The business of the corporation grew as a result of this development.

Construction Chemicals Market Key segments

By Product Type:

• Waterproofing Chemicals
• Protective Coating
• Concrete Admixture
• Adhesives & Sealants
• Asphalt Additives

By Application:

• Residential
• Commercial & Industrial
• Infrastructure

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific

Ask For Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-284

Table of Content

1. Executive Summary

    1.1. Overview

    1.2. Market Analysis

    1.3. FMI Analysis and Recommendations

    1.4. Wheel of Fortune

2. Market Introduction

    2.1. Market Taxonomy

    2.2. Market Definition

    2.3. Construction Chemicals Market Overview

3. Market Viewpoint

    3.1. Macro-Economic Factors

4. Global Construction Chemicals Market Analysis 2017-2022and Forecast 2022-2032

    4.1. Introduction

        4.1.1. Market Volume Projections

        4.1.2. Market Size

    4.2. Value Chain

    4.3. Pricing Analysis

Read More TOC

Have a Look at Related Research Reports of Chemicals & Materials

India Construction Chemicals Market Value: Growing awareness and governmental initiatives towards recovery of various sectors of economy, Future market insights expects that the construction chemicals market in India will expand at CAGR of 13.6% through 2031

Epoxy Putty and Construction Chemicals Market Sales: Epoxy Putty and Construction Chemicals Market: Global Industry Analysis, Size, Share, Growth and Forecast to 2020 by FMI

ASEAN Cosmetic Chemicals Market Size: Cosmetic Chemicals Market : ASEAN Industry Analysis, Size, Share, Growth and Forecast to 2020 by FMI

Construction Polymer Market Forecast: The global construction polymer market will garner a market valuation of US$ 229,076 Mn in 2022 and is predicted to expand at a CAGR of 6.8% and reach a net worth of US$ 298,384 Mn by the end of 2026

Construction Textile Market Share: Construction Textile Market- Global industry segment analysis, regional outlook, share, growth; construction textile market forecast 2015 to 2025 by future market insights

Construction Aggregates Market - market is estimated to record a CAGR of 6.8% during the forecast period 2022-2032

Construction Textile Market - market is estimated to record a CAGR of 9.2% during the forecast period 2022-2032

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights.

Contact:

Future Market Insights Inc.  
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA  
T: +1-845-579-5705  
For Sales Enquiries: [email protected]
Report: https://www.futuremarketinsights.com/reports/construction-chemicals-market

Logo: https://mma.prnewswire.com/media/1197648/FMI_Logo.jpg

SOURCE Future Market Insights