Construction Chemicals Market, Size, Share, Opportunities and Forecast, 2020-2027

SKU: DPC66 | Last Updated On: Apr 10 2020 | No. of Pages: 178 | Available Formats

> Global Construction Chemicals Market Expected to reach a high CAGR of 5.9% By 2027: DataM Intelligence.

Global Construction Chemicals Market is segmented By Type (Concrete Admixtures, Protective Coating, Industrial Flooring, Waterproofing, Adhesives & Sealants, Grinding Aids, Others), By Application (Commercial, Residential, Infrastructure), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2020-2027

 

Market Overview

The global Construction chemical market is expected to grow at a CAGR of 5.9% during the forecast period (2020-2027).
Construction chemicals are chemical formulations used with cement, concrete or other construction materials at the time of construction to hold the construction material together. The quality of cement has improved extensively with the utilization of the development of synthetic substances. Construction chemicals have become one of the important components of chemical industry playing an important role in global infrastructure development. Improved development prospects in the construction business imply that numerous global organizations have begun contributing to create advance development of chemical products. 

Construction Chemicals Market

Market Dynamics

Increasing construction activity, increasing adoption of innovative construction and growing government developments are the key drivers that are boosting the market growth. The growing awareness among architects, builders, contractors and owners, that construction chemicals help in improving the quality and performance of construction will help the market to boom in the future. The rising formation of mega-cities, increasing living standards and population has a demand for quality construction work which will drive the construction chemical market. ASEAN infrastructure spending and GDP average growth rates are gradually rising from the past few years.
Governments are investing heavily in infrastructure and housing development. Government policies that promote the use of energy-saving materials and environment-friendly specialty chemicals in construction are driving the demand for environment-friendly performance chemicals, such as waterborne coatings. Rising government and foreign investments in mega projects in Asia-Pacific are encouraging chemical manufacturers in the region to make a strong push toward incorporating sustainable and technologically advanced materials in concrete admixtures, waterproofing, and industrial flooring. Government of India is initiating to invest in constructions through different policies. India is one of the fastest-growing markets by country.
The increase in the use of ready-mix concrete (RMC) is increasing the demand for construction chemicals. The use of RMC in construction is around 7% of domestic cement demand and is expected to rise to 20% to 25% in the future.

The demand for construction chemicals will be intense in Southeast Asian countries such as the Philippines, Vietnam, Malaysia, and Indonesia, which are enjoying high investments in large-scale infrastructure and commercial projects.

Indian Government Investment on Construction in US$ million, 2015-2017

High prices of construction chemicals, strict government regulations and lack of skilled labor are the key restraints for the market growth. Due to the presence of various small scale manufacturers that produce low-value products would compensate for the increasing prices of construction chemicals. On May 14, 2018, BASF Japan Ltd. had increased the sales prices for all construction chemical products in small packages by over 10%, including a price review and restructure for air-entraining agents and air-controlling agents for concrete admixtures.

Market Segmentation

On the basis of type, the market for Global construction chemicals is classified into concrete admixtures, protective coating, industrial flooring, waterproofing, adhesives & sealants, grinding aids and others. Concrete admixtures accounted for the largest market share with 25% totally in the year 2018.  The global construction chemical market for concrete admixtures was worth $13,880 million in 2018 and is forecasted to reach $XX million by 2026, at a CAGR of XX% during the forecast period. Admixtures are natural or manufactured chemicals added to the concrete before or during mixing. The use of admixtures in concrete is increasing rapidly in recent years owing to its associated physical as well as economic benefits. The growing demand from consumers for better product quality has led to increased investments by companies in the R&D sector which have led to the launch of new concrete admixture products. For instance, in 2017, GCP Applied Technologies Inc. launched two new concrete admixtures, OPTEVA™ HE and TAVERO™VM, to deliver higher-performing, lower-cost cement production.

Global Constructon Chemicals Market share, by type, (%), 2018

Based on application, the market for Global construction chemicals is broadly segmented as commercial, infrastructure and residential. The commercial sector is the largest market segment due to massive public and private investments in commercial high-rise buildings, recreational, institutional and government facilities, public works projects, retail outlets, and business office facilities. The global construction chemicals market for the commercial sector was valued at US$ 24,922 in 2018. This segment is also anticipated to witness the highest growth rate throughout the forecast period. The Commercial Construction segment consists of commercial high-rise buildings, recreational, institutional and government facilities, public works projects, retail outlets, and business office facilities. Increasing construction of office spaces, hotels, and retail outlets have driven the demand for application of construction chemicals for extended durability of building structures and protection against chemical attack.

Global Commercial Sector Construction Chemicals Market, (in $ million), 2017-2026

Geographical Analysis

The global construction chemical market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. 
The North America construction chemical market was worth $5312 billion in 2018 and is forecasted to reach $XX billion by 2026, at a CAGR of 5.4% during the forecast period. This region is further categorized by region into the US, Canada, and Mexico. The US will witness an increase in construction investment and rapid technological advancements by key market players, which will help boost sales revenue for construction chemicals. The construction chemicals market in Canada is also expected to achieve healthy growth rate buoyed by the presence of massive business opportunities in the construction of roads, highways, rehabilitation housing projects, and maintenance and repair projects of existing building structures. Key market players present in the region include 3M Company, Albemarle Corporation, BASF SE, Henkel AG & Company, and DowDuPont Inc. 
The Asia Pacific construction chemical market was worth $34976 billion in 2018 and is forecasted to reach $XX billion by 2026, at a CAGR of 8.8% during the forecast period. Rising government and foreign investments in mega projects in Asia-Pacific are encouraging chemical manufacturers in the region to make a strong push toward incorporating sustainable and technologically advanced materials in concrete admixtures, waterproofing, and industrial flooring. The increasing infrastructure development activities, investment in commercial, residential housing, renovation activities of historical monuments, water retention structure, bridges, and other civil structures have has driven the demand for construction chemical in the Asia Pacific region. Industry players are facing a decline in sales in the Asia region; this decline is mainly due to the negative currency effects. BASF introduced Master X-Seed 55 admixture on January 24, 2018; it improves both early- and late-age strength development in concrete.

Global Construction Chemicals Market Share, By Geography, (%), 2018

Competitive Analysis

Some of the key market players are 3M, Akzo Nobel Chemicals AG, Arkema S.A, AxelchemSDN BHD, BASF SE, BOSTIK, Cementaid International Group of Companies, ChrysoGroup, DowDuPont Inc., Fosroc International Limited, GCP Applied Technologies Inc., Henkel AG & Co., Lafarge S.A., Mapei S.p.A, MC-BAUCHEMIE MULLER GmbH & KG Chemische Fabriken, Pidilite Industries, PT Penta Chemicals Indonesia, RPM International S.P.A, Sika AG and UROMIX CHEMICAL SDN BHD.
The mergers and acquisitions, the formation of strategic partnerships key market players, and launch of green construction chemicals for eco-friendly solutions are the vital part of the business strategy of leading companies.
Choskey Chemicals Pvt. Ltd. launched Techseal Solo 901, road grade polysulphide sealant that repairs and builds an expansion in joints with easy application and minimal waste. 
Fosroc has introduced new Patchroc250, a solution for highway repairs, featuring improved characteristics, providing the rapid setting and rapid strength gain, but low heat generation, ensuring no thermal cracking at high thickness.

Green construction chemicals for environmentally friendly solutions Choskey Chemicals Pvt. Ltd. launched the following green construction chemicals in the market: 

  • Sunshield, which doesn’t allow heat absorption, thus creating a significant temperature difference without any considerable insulation system.
  • Durable acrylic coating, Roofcoat, protective coating that is resistant to UV radiation and free for foot traffic.
  • Acrylic elastomeric color membrane, which is eco-friendly, non-hazardous and non-toxic with high elasticity and solid content.

Key Points:

  • The Global Construction Chemicals market is forecasted to grow at a CAGR of 7.5% in the period 2018-2026.
  • Increasing construction activity, increasing adoption of innovative construction, and growing government construction developments are the major factors driving the growth of the market.
  • High prices of construction chemicals, strict government regulations and lack of skilled labor are the major factors restraining the growth of the market in the forecasted period.
  • By type, concrete admixtures account for the largest market share of 25% in 2018, closely followed by waterproofing with 22%. 
  • The Asia Pacific has the largest market by region, while China accounts for the largest market share by country with 64% in Asia-Pacific in 2018. India is one of the fastest-growing market by country.
  • The mergers and acquisitions, formation of strategic partnerships key market players, and launch of green construction chemicals for eco-friendly solutions are the vital part of the business strategy of leading companies.
  • Construction chemicals are a consolidated market with top 4 companies accounting for significant market share. BASF SE, Sika AG, GCP Applied Technologies Inc., and ChrysoGroup are the major companies in the industry.

Key takeaways from this report

Professionals purchasing a DMI report on global construction chemicals market will be able to do the following:

  • Visualize the composition of the Construction Chemicals Market across each indication, in terms of type and applications, highlighting the key commercial assets and players.
  • Identify commercial opportunities by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of the market level 4/5 segmentation
  • A PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
  • Product mapping in excel for key Construction Chemicals products of all major market players.

Professionals who can derive maximum benefits out of this report

  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

 

Related Reports

Construction Composites Market

Construction Fabrics Market

 

 

Table of Contents

  1. Global Construction chemical market Methodology and Scope

    1. Research Methodology

    2. Research Objective and Scope of the Report

  2. Global Construction chemical market – Market Definition and Overview

  3. Global Construction chemical market – Executive Summary

    1. Market Snippet by Type

    2. Market Snippet by Application

    3. Market Snippet by Region

    4. DataM CLO Scenario

  4. Global Construction chemical market – Market Dynamics

    1. Market Impacting Factors

      1. Drivers

        1. Increasing construction activity

        2. Increasing adoption of innovative construction

        3. Growing government developments

      2. Restraints

        1. High prices of construction chemicals

        2. Strict government regulations

        3. Lack of skilled labor

      3. Opportunity

      4. Impact Analysis

  5. Global Construction chemical market – Industry Analysis

    1. Porter's Five Forces Analysis

    2. Supply Chain Analysis

    3. Pricing Analysis

    4. Regulatory Analysis

    5. Patent Analysis

  6. Global Construction Chemicals Market – By Type

    1. Introduction

      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type

      2. Market Attractiveness Index, By Type

    2. Concrete Admixtures

      1. Introduction

      2. Market Size Analysis, and Y-o-Y Growth Analysis (%), 2018-2026

    3. Protective Coating

    4. Industrial Flooring

    5. Waterproofing

    6. Adhesives & Sealants

    7. Grinding Aids

    8. Others (grouts & anchors, surface treatment chemicals)

  7. Global Construction chemical market – By Application

    1. Introduction

      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application

      2. Market Attractiveness Index, By Application

    2. Commercial

      1. Introduction

      2. Market Size Analysis, and Y-o-Y Growth Analysis (%), 2018-2026

    3. Residential

    4. Infrastructure

  8. Global Construction chemical market – By Region

    1. Introduction

      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region

      2. Market Attractiveness Index, By Region

    2. North America

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product type

      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application

      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country

        1. The U.S.

        2. Canada

        3. Mexico

    3. Europe

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product type

      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application

      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country

        1. Germany

        2. The U.K.

        3. France

        4. Italy

        5. Spain

        6. Rest of Europe

    4. South America

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product type

      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application

      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country

        1. Brazil

        2. Argentina

        3. Rest of South America

    5. Asia Pacific

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product type

      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application

      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country

        1. China

        2. India

        3. Japan

        4. Australia

        5. Rest of Asia Pacific

    6. Middle East & Africa

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product type

      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application

  9. Global Construction Chemicals Market – Competitive Landscape

    1. Competitive Scenario

    2. Competitor Construction Chemicals Strategy Analysis

    3. Comparative Product Portfolio Analysis

    4. Market Positioning/Share Analysis

    5. Mergers and Acquisitions Analysis

  10. Company Profiles

    1. 3M *

      1. Company Overview

      2. Product Portfolio and Description

      3. Key Highlights

      4. Financial Overview

    2. Akzo Nobel Chemicals AG

    3. Arkema S.A

    4. AxelchemSDN BHD

    5. BASF SE

    6. BOSTIK

    7. Cementaid International Group of Companies

    8. ChrysoGroup

    9. DowDuPont Inc.

    10. Fosroc International Limited

    11. GCP Applied Technologies Inc.

    12. Henkel AG & Co.

    13. Lafarge S.A.

    14. Mapei S.p.A

    15. MC-BAUCHEMIE MULLER GmbH & KG Chemische Fabriken

    16. Pidilite Industries

    17. PT Penta Chemicals Indonesia

    18. RPM International S.P.A

    19. Sika AG

    20. UROMIX CHEMICAL SDN BHD

  11. Global Construction chemical market – Premium Insights

  12. Global Construction chemical market – DataM

    1. Appendix

    2. About Us and Services

    3. Contact Us

List of Tables & Figures

List of Tables

Table 01.    Global construction chemicals market value 2018, 2022 & 2026 (us$ mn), by type, ($million)
table 02.    Global construction chemicals market value 2018, 2022 & 2026 (us$ mn), by applications, ($million)
table 03.    Global construction chemicals market value 2018, 2022 & 2026 (us$ mn), by region, ($million)

Table 04.    Global construction chemicals market share 2018, 2022 & 2026 (%), by type ($million)
table 05.    Global construction chemicals market value (us$ mn), by type, 2018–2026 ($million)

Table 06.    Global construction chemicals market share 2018, 2022 & 2026 (%), by applications ($million)
table 07.    Global construction chemicals market value (us$ mn), by applications, 2018–2026 ($million)

Table 08.    Global construction chemicals market share 2018, 2022 & 2026 (%), by region ($million)
table 09.    Global construction chemicals market value (us$ mn), by region, 2018–2026 ($million)

Table 10.    North America construction chemicals market value (us$ mn), by type, 2018–2026 ($million)
table 11.    North America construction chemicals market value (us$ mn), by applications, 2018–2026 ($million)
table 12.    North America construction chemicals market value (us$ mn), by country, 2018–2026 ($million)

Table 13.    South America construction chemicals market value (us$ mn), by type, 2018–2026 ($million)
table 14.    South America construction chemicals market value (us$ mn), by applications, 2018–2026 ($million)
table 15.    South America construction chemicals market value (us$ mn), by country, 2018–2026 ($million)

Table 16.    Europe construction chemicals market value (us$ mn), by type, 2018–2026 ($million)
table 17.    Europe construction chemicals market value (us$ mn), by applications, 2018–2026 ($million)
table 18.    Europe construction chemicals market value (us$ mn), by country, 2018–2026 ($million)

Table 19.    Asia pacific construction chemicals market value (us$ mn), by type, 2018–2026 ($million)
table 20.    Asia pacific construction chemicals market value (us$ mn), by applications, 2018–2026 ($million)
table 21.    Asia pacific construction chemicals market value (us$ mn), by country, 2018–2026 ($million)

Table 22.    Middle East & Africa construction chemicals market value (us$ mn), by type, 2018–2026 ($million)
table 23.    Middle East & Africa construction chemicals market value (us$ mn), by applications, 2018–2026 ($million)

Table 24.    3m: overview
table 25.    3m: product portfolio
table 26.    3m: key developments
table 27.    Akzo Nobel chemicals ag: overview
table 28.    Akzo Nobel chemicals ag: product portfolio
table 29.    Akzo Nobel chemicals ag: key developments
table 30.    Arkema s.a: overview
table 31.    Arkema s.a: product portfolio
table 32.    Arkema s.a: key developments
table 33.    Axelchemsdn bhd: overview
table 34.    Axelchemsdn bhd: product portfolio
table 35    axelchemsdn bhd: key developments
table 36.    Basf Se: overview
table 37.    Basf Se: product portfolio
table 38.    Basf Se: key developments
table 39.    Bostik: overview
table 40.    Bostik: product portfolio
table 41.    Bostik: key developments
table 42.    Cementaid international group of companies.: overview
table 43.    Cementaid international group of companies.: product portfolio
table 44.    Cementaid international group of companies: key developments
table 45.   Chrysogroup: overview
table 46.   Chrysogroup: product portfolio
table 47.   Chrysogroup: key developments
table 48.   Dowdupont inc: overview
table 49.   Dowdupont inc.: product portfolio
table 50.    Dowdupont inc: key development
table 51.    Fosroc international limited: overview
table 52.    Fosroc international limited: product portfolio
table 53.    Fosroc international limited: key developments
table 54.    GCP applied technologies inc overview
table 55.    GCP applied technologies inc product portfolio
table 56.    GCP applied technologies inc key developments in
table 57.    Henkel ag & co: overview
table 58.    Henkel ag & co: product portfolio
table 59.    Henkel ag & co: key developments
table 60.    Lafarge s.a. overview
table 61.    Lafarge s.a.: product portfolio
table 62.    Lafarge s.a. key developments in
table 63.    Mapei s.p.a: overview
table 64.    Mapei s.p.a: product portfolio
table 65.    Mapei s.p.a: key developments
table 66.    Mc-bauchemie muller gmbh & kg Chemische fabriken: overview
table 67.    Mc-bauchemie muller gmbh & kg Chemische fabriken: product portfolio
table 68.    Mc-bauchemie muller gmbh & kg Chemische fabriken: key developments
table 69.   Pidilite Industries: overview
table 70.    Pidilite industries: product portfolio
table 71.    Pidilite industries: key developments
table 72.    Pt Penta chemicals Indonesia: overview
table 73.    Pt Penta chemicals Indonesia: product portfolio
table 74.    Pt Penta chemicals Indonesia: key developments
table 75.    Rpm international s.p.a: overview
table 76.    Rpm international s.p.a: product portfolio
table 77.    Rpm international s.p.a: key developments
table 78.    Sika ag: overview
table 79.    Sika ag: product portfolio
table 80.    Sika ag: key development
table 81.    Uromix chemical Sdn bhd: overview
table 82.    Uromix chemical Sdn bhd: product portfolio
table 83.    Uromix chemical Sdn bhd: key developments

 

List of figures

Figure 01.    Global construction chemicals market share, 2018 & 2026 (%), by type
figure 02.    Global construction chemicals market share, 2018 & 2026 (%), by applications
figure 03.    Global construction chemicals market share, 2018 & 2026 (%), by region
figure 04.    Global construction chemicals market value, 2018 - 2026 (us$ mn) and year on year growth
figure 05.    Global construction chemicals market year on year growth 2018 to 2026 (%), by type
figure 06    global construction chemicals market value (us$ mn), by concrete admixtures, 2018–2026 ($million)
figure 07     global construction chemicals market value (us$ mn), by a protective coating, 2018–2026 ($million)
figure 08     global construction chemicals market value (us$ mn), by industrial flooring, 2018–2026 ($million)
figure 09     global construction chemicals market value (us$ mn), by waterproofing, 2018–2026 ($million)
figure 10     global construction chemicals market value (us$ mn), by adhesives & sealants, 2018–2026 ($million)
figure 11     global construction chemicals market value (us$ mn), by grinding aids, type, 2018–2026 ($million)
figure 12     global construction chemicals market value (us$ mn), by others, 2018–2026 ($million)
figure 13     global construction chemicals market share (%), by type, 2018 & 2026

Figure 14    global construction chemicals market year on year growth 2018 to 2026 (%), by applications
figure 15     global construction chemicals market value (us$ mn), by commercial, 2018–2026 ($million)
figure 16     global construction chemicals market value (us$ mn), by residential, 2018–2026 ($million)
figure 17     global construction chemicals market value (us$ mn), by infrastructure, 2018–2026 ($million)
figure 18     global construction chemicals market share (%), by applications, 2018 & 2026 
figure 19    global construction chemicals market year on year growth 2018 to 2026 (%), by region
figure 20     North America construction chemicals market value (us$ mn), 2018–2026 ($million)
figure 21     North America construction chemicals market share (%), by type, 2018–2026 ($million)
figure 22     North America construction chemicals market share (%), by applications, 2018–2026 ($million)
figure 23     North America construction chemicals market share (%), by countries, 2018–2026 ($million) 

Figure 24     South America construction chemicals market value (us$ mn), 2018–2026 ($million)
figure 25     south America construction chemicals market share (%), by type, 2018–2026 ($million)
figure 26     south America construction chemicals market share (%), by applications, 2018–2026 ($million)
figure 27     south America construction chemicals market share (%), by countries, 2018–2026 ($million)

Figure 28     Europe construction chemicals market value (us$ mn), 2018–2026 ($million)
figure 29     Europe construction chemicals market share (%), by type, 2018–2026 ($million)
figure 30     Europe construction chemicals market share (%), by applications, 2018–2026 ($million)
figure 31     Europe construction chemicals market share (%), by countries, 2018–2026 ($million)
figure 32     Asia pacific construction chemicals market value (us$ mn), 2018–2026 ($million)
figure 33     Asia pacific construction chemicals market share (%), by type, 2018–2026 ($million)
figure 34     Asia pacific construction chemicals market share (%), by applications, 2018–2026 ($million)
figure 35     Asia pacific construction chemicals market share (%), by countries, 2018–2026 ($million)

Figure 36     middle east and Africa construction chemicals market value (us$ mn), 2018–2026 ($million)
figure 37     middle east and Africa construction chemicals market share (%), by type, 2018–2026 ($million)
figure 38     middle east and Africa construction chemicals market share (%), by applications, 2018–2026 ($million)

Figure 39.    3m: financials
figure 40.    Akzo Nobel chemicals ag: financials
figure 41.    Arkema s.a: financials
figure 42.    Axelchemsdn bhd: financials
figure 43.    Basf Se: financials
figure 44.    Bostik: financials
figure 45.    The cemented international group of companies: financials
figure 46.    Chrysogroup: financials
figure 47.    Dowdupont inc: financials
figure 48.    Fosroc international limited: financials
figure 49.    GCP applied technologies inc financials
figure 50.    Henkel ag & co: financials
figure 51.   Lafarge s.a.: financials
figure 52.    Mc-bauchemie muller gmbh & kg Chemische fabriken: financials
figure 53.    Pidilite industries: financials 
figure 54.    Pt Penta chemicals Indonesia: financials 
figure 55.    Rpm international s.p.a: financials 
figure 56.    Sika ag: financials 
figure 57.    Mapei s.p.a: financials 
figure 58.    Uromix chemical Sdn bhd: financials

Frequently asked questions

Q. Who are the leading players in the Construction Chemicals Market?
A. 3M, Akzo Nobel Chemicals AG, Arkema S.A, AxelchemSDN BHD, BASF SE, BOSTIK, Cementaid International Group of Companies, ChrysoGroup, DowDuPont Inc., Fosroc International Limited, GCP Applied Technologies Inc., Henkel AG & Co., Lafarge S.A., Mapei S.p.A, MC-BAUCHEMIE MULLER GmbH & KG Chemische Fabriken, Pidilite Industries, PT Penta Chemicals Indonesia, RPM International S.P.A, Sika AG and UROMIX CHEMICAL SDN BHD.
Q. Which of the type segments will have the maximum opportunity to grow during the forecast period?
A.  The Commercial Construction segment consists of commercial high-rise buildings, recreational, institutional and government facilities, public works projects, retail outlets, and business office facilities. Increasing construction of office spaces, hotels, and retail outlets have driven the demand for application of construction chemicals for extended durability of building structures and protection against chemical attack.
Q. At what CAGR is the Construction Chemicals Market anticipated to augment?
A. The Construction Chemicals Market is projected to strike 5.9% CAGR

Q. Which region holds major market share?
A. The North America construction chemical market was worth $5312 billion in 2018 and is forecasted to hold major market share.

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