Construction Chemicals Market Driven by Thriving APAC Commercial and Residential Real Estate Industry

The global construction chemicals market will attain a lucrative valuation of $51 billion by the end of 2023, with a CAGR of 7.65% during the forecast period 2019-2025.

Hyderabad, India – August 1, 2019 /MarketersMedia/ —

Infrastructure development is one of the major goals listed in the sustainable development goals (SDGs) by the United Nations (UN). This initiative led to rise in construction activities worldwide, and subsequently, there is an increase in revenue generated from the construction chemicals market. As per the estimations of the IndustryARC business report, the global construction chemicals market will attain a lucrative valuation of $51 billion by the end of 2023, with a CAGR of 7.65% during the forecast period 2019-2025.

The construction chemicals market research report has a well-document assessment of the market forces along with the trends, challenges, and opportunities that are foreseeable in the future. Furthermore, it also provides a peek into the business strategies of the existing market players along with the facts, figures, and statistics pertaining to their construction chemicals market revenue share. The report is titled, “Construction Chemicals Market-Industry Analysis, Market Size,market Share, Trends, Application Analysis, Growth; Forecast (2019-2025). This report covers Construction Chemicals Market Size by product type and End-User Industry, Construction Chemicals Market share by top 5 companies and also the market share by start-ups during the forecast period.

View Full Table of Contents of Construction Chemicals Market:
https://www.industryarc.com/Research/Construction-Chemicals-Market-Research-503201

Report Price (Single User): US $3850

Construction Chemicals Market: Leading Segments

APAC had the largest construction chemicals market share of 43% in 2017. This is attributable to the demand influx created due to growing industrialization and residential real estate. There is also an increased trade of paints and coatings in countries such as India, China, Indonesia, and Malaysia. Furthermore, the pharmaceutical industry expansion in India is also responsible for rising sales of construction chemicals in the region.

The construction chemicals market is segmented on the basis of types into paints and coatings, concrete admixtures, asphalt modifiers, adhesives and sealants, and waterproofing chemicals. Furthermore, it is also segmented based on end-user industries. The application of construction chemicals in the residential and commercial sector will collectively observe growth at a profitable CAGR of 8.50% through 2025.

Construction Chemicals Market: Trends and Growth Drivers

Augmented Application of Paints and Coatings –
Construction and repair work falls under the category of construction industry that also includes application of paints and coatings. The future foresees an augmented application of the same, which will bolster the construction chemicals market.

Green Chemistry Disrupting the Construction Chemicals Market –
Green chemicals are affordable, and they instill longevity. This is attributed to the fact that these chemicals impart dry film thick (DFT), which makes it robust. Green construction chemicals such as organic primers, adhesive cements, and varnishes are poised to observe more growth prospects in the construction chemicals market.

Innovative Products Poised to Gain Traction in Construction Chemicals Market –
Light-generating cement is poised to be incorporated in residential buildings in near future. Moreover, the hydro-ceramics that reduce temperature by 6 degrees will observe revenue generation worldwide.

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Construction Chemicals Market: Competitive Landscape

Some of the key companies identified in the construction chemicals market intelligence report that are striving to capitalize on the customer-base are Bayer Material Science, BASF SE, Wacker Chemie AG, DowDuPont Inc., SABIC, Arkema S.A., RPM International, Inc., Fosroc International Limited, Ashland Inc., Mapei S.p.A, Pidilite Industries Ltd., and Sika AG.

b) Concrete Admixtures Construction Chemical Market
https://www.industryarc.com/Research/Concrete-Admixtures-Construction-Chemical-Market-Research-501688

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Source URL: https://marketersmedia.com/construction-chemicals-market-driven-by-thriving-apac-commercial-and-residential-real-estate-industry/88902832

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Release ID: 88902832

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