Global Construction Chemicals Market is valued USD 42.82 billion in 2016 is anticipated to grow USD 73.64 billion with the compounded annual growth of 6.21% over the forecast period 2018-2025.
New York 16 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Construction Chemicals market industry is poised to raise USD 73.64 billion by 2025. The major factors expected to augment the market are positive environmental impact & rising governmental initiatives, booming construction industry in BRICS nations, and development of new products & services. Construction chemicals are crucial for sustainable infrastructure and energy conservation in construction industry.
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Global Construction Chemicals Market Size Study By Product (Chemical Admixtures, Mineral Admixtures, Adhesives, Sealants, and Protective Coatings), and By Regional (North America, Europe, Asia Pacific, Latin America, and Rest of the World) Forecasts, 2018-2025
The industry is seeming to be fairly competitive. Some of the leading market players include BASF SE, SIKA AG, W.R. Grace & Company, The DOW Chemical Company, RPM International Inc., Arkema S.A., Pidilite Industries, Ashland Inc., Fosroc International Ltd., Mapei S.P.A., and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- The Asia Pacific region accounted for the leading market share, more than XX % of the total market in 2016.
- The Asia Pacific region will be the highest growing segment with respect to geographical segmentation, the region is likely to grow by XX% CAGR over the forecast period 2018-2025
Bizwit Research & Consulting LLP has considered following segments for the study:
- Chemical Admixtures
- Mineral Admixtures
- Protective Coatings
- North America
- Asia Pacific
- Latin America
- Rest of the World