According to this report, the global construction chemical market is estimated to be valued at US$ 92 billion in the year 2028, growing at a CAGR of 7.5% in the period 2021 to 2028. Growth of the market is driven by factors such as growth of construction industry, high demand from emerging nations, increasing urbanization, focus on energy conservation and ameliorating economic conditions.
Construction chemicals is beginning to become an indispensable part of various construction activities. It modifies the construction materials which results in enhanced quality and durability of structures. In addition to this, it makes the construction activity more cost-effective and eco-friendly.
Global construction chemical industry is witnessing rapid increase in demand of concrete admixtures. It leads to reduction of concrete construction cost by modifying the properties of hardened concrete, thereby ensuring better quality during mixing, transporting, placing, and curing. In an effort to monetize the demand, manufacturers have already begun launch of various concrete admixture products.
Segments Covered
The report provides revenue forecasts for global, regional and country levels. It also provides comprehensive coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. For the purpose of research, the publisher has segmented the global construction chemical market on the basis of types, technology and region:
Construction Chemicals Product Types Outlook
Regional Outlook
Vendors Outlook
Target Audience
