According to a market report by Lucintel, the future of the construction chemical market looks promising with opportunities in the residential, non-residential, and other industries. The global construction chemical market is expected to grow with a CAGR of 7% from 2021 to 2026. The major drivers for this market are growth in the chemical industry and growing infrastructural developments.
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In this market, concrete admixtures, water proofing, repair, flooring, adhesives & sealants, and other chemicals are used in various end use industries. Concrete admixtures will remain the largest product type segment over the forecast period due to rising residential complexes and buildings.
Within the construction chemical market, residential will remain the largest application segment during the forecast period due to growth in the building and construction industry and increasing demand for waterproofing in residential construction.
Asia Pacific will remain the largest region over the forecast period due to growth in residential and non-residential construction, supported by increasing in disposal income, changing life style, and rise in urbanization.
BASF, W.R. Grace, RPM International, Sika, Fosroc International, The Dow Chemical Company, Arkema, Ashland, Mapei, and Pidilite Industries are some of the major construction chemical manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global construction chemical market by product type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Construction Chemical Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global construction chemical market by product type, application, and region as follows:
By Product Type [Volume (Kilotons) and $M shipment analysis for 2015 – 2026]:
Concrete Admixtures
Water Proofing & Roofing
Repair
Flooring
Sealants & Adhesives
Other Chemicals
By Application [Volume (Kilotons) and $M shipment analysis for 2015 – 2026]:
Residential
Non-Residential
Others
By Region [Volume (Kilotons) and $M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This research report of more than 150 pages will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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