Construction Chemicals Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 By Product Type (Concrete Admixtures, Construction Adhesives & Sealants, Protective Coatings, Waterproofing Chemicals, Others), By Application (Residential, Industrial/Commercial, Infrastructure, Repair Structures), By Region
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationConstruction Chemicals Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 By Product Type (Concrete Admixtures, Construction Adhesives & Sealants, Protective Coatings, Waterproofing Chemicals, Others), By Application (Residential, Industrial/Commercial, Infrastructure, Repair Structures), By Region
Global construction chemicals market was valued at USD 37295.64 million in 2027 and is anticipated to project a robust growth during the forecast period at a CAGR of 5.30% due to massive capital investment and supportive government policies.
Growing Investments in Infrastructure for Renewable Energy
During the forecast period, the construction chemicals industry is anticipated to be driven by a rapid increase in expenditure in renewable power production capacity. Particularly in the United States and Europe, several power producing businesses are making investments in renewable energy sources. Additionally, governments all over the world are pushing renewable energy sources by providing incentives and subsidies to enterprises that produce renewable energy. The Indian government cleared a USD 1518.3 Million plan to set up infrastructure to transmit electricity from renewable energy projects as it seeks to boost the output from green sources and meet half of the nation’s energy requirement from them by 2030.The Australian government provided wind power producers with subsidies of USD600 million. This is anticipated to increase consumer demand for the services offered by construction firms, boosting the market throughout the anticipated timeframe.
Rising Construction Activities in Developing Countries
In the upcoming years, it is anticipated that rising construction activity in emerging regions would fuel market expansion. China, Brazil, India, Saudi Arabia, and Indonesia were among the emerging economies with active building sectors. For instance, the National Bureau of Statistics reports that the contribution of building production to China's GDP increased from 6.2% in 2019 to 25.9% in 2020. The construction market expanded as a result of the quick increase in construction activities.
Growing Urbanization and Supportive Government Policies
Rapid urbanisation and population growth have resulted in a steady increase in all sectors, especially,
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Market Segmentation
The United States construction chemicals market stood at USD 1153.80 million in the year 2021.
Company Profiles
Sika AG, Mapei S.p.A., Arkema SA, RPM International, BASF SE, The Dow Chemical Company, Pidilite Industries Limited, Ashland INC, FOSROC International, and Chemex Chemicals, are among the major market players in the global platform that lead the market growth of the global construction chemicals market
|
Attribute |
Details |
|
Market
size value in 2021 |
USD
27567.77 million |
|
Revenue
Forecast in 2027 |
USD 37295.64 million |
|
United
States Market size value in 2021 |
USD
1153.80 million |
|
Growth
Rate |
5.30% |
|
Base
Year |
2021 |
|
Historical
Years |
2017 –
2020 |
|
Estimated
Year |
2022 |
|
Forecast
Period |
2023 – 2027 |
|
Quantitative
Units |
Revenue
in USD Million, Volume in Thousand Tonnes, CAGR for 2017-2021 and 2022E-2027F |
|
Report
Coverage |
·
Revenue forecast, company share, competitive landscape, growth
factors, and trends |
|
Segments
Covered |
·
Product Type ·
Application |
|
Regional
Scope |
Asia-Pacific;
North America; Europe; Middle East & Africa; South America |
|
Country
Scope |
China,
Japan, India, South Korea, Australia, Thailand, United States, Canada, Mexico,
Germany, United Kingdom, France, Italy, Spain, Netherlands, Saudi Arabia, UAE,
Egypt, South Africa, Qatar, Iraq, Kuwait, Brazil, Argentina, Chile, Colombia |
|
Key
Companies Profiled |
Sika AG, Mapei S.p.A.,
Arkema SA, RPM International, The Dow Chemical Company, Pidilite Industries Limited,
Ashland INC, FOSROC International |
|
Customization
Scope |
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope. |
|
Pricing
and Purchase Options |
Avail customized purchase options to meet your exact research
needs. Explore purchase options |
|
Delivery
Format |
PDF and Excel through
Email (We can also provide the editable version of the report in PPT/pdf
format on special request) |
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