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The Construction Chemical Additives Market is expected to reach $65.52 Billion by 2023.
Construction chemicals additive mixtures are kind of specialty chemicals which are added to improve the durability of the building. The global construction additive market by various types such as concrete admixtures, levelling agents, sealants, water proofing agents is expected to rise with a CAGR of 9.7% during the forecast period of 2018-2023.
According to the new market research report by IndustryARC titled “Construction Chemical Additives Market By Type (Plasticizers, Super Plasticizers, Air Entraining Agents, Waterproofing Agents,Leveling Agents and Sealants); By Application (Residential, Non-Residential, Infrastructure, Renovation Construction); By Geography - Forecast (2018-2023)”, the market is driven by residential construction, non-residential construction, infrastructure, and renovation.
Asia Pacific dominates the Construction Chemical Additives Market:
Asia Pacific holds a major share in the Construction Chemical Additives Market. The reason for this growth is attributed to the rapidly increasing construction market. Urbanisation and high standards of living are also responsible for this growth. India and China are the drivers of the Asia Pacific Market. Construction spending in China was almost $1.8 trillion in 2014, making it the biggest market in the globe. Malaysia is witnessing growth in the infrastructure since the government is planning to implement economic transformation program for the development of the country.
Selected Analysis done in the full Report:
Residential construction deals with the building structures for the purpose of dwelling. Concrete admixtures are used heavily in residential construction. Residential construction can be attributed to parameters such as increasing population and emerging urbanization. Since 2008, the global
Outlook for construction has seen a positive growth. Investment in housing is gaining momentum. Major products being used in residential sector include plasticizers and waterproofing agents.
Excerpts on Market Growth Factors:
• Growth in urbanisation leads to the construction of new residential buildings. This drives the growth of the Construction Chemical Additives Market.
• Rapid developments in emerging countries and use of innovative products in construction activities support the growth of Construction Chemical Additives Market.
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Key players of the Construction Chemical Additives Industry:
BASF SE and Sika AG are the two key players in the Construction Chemical Additives Industry. BASF deals with functional solutions such as flooring and cement additives, repairing concrete chemicals and waterproofing and sealing agents. It supplies a wide range of chemicals. Sika targets the areas of construction such as concrete, waterproofing, roofing, flooring, sealing, bonding and refurbishment.
Construction Chemical Additives Market is segmented as below:
Growing urbanisation is responsible for the growth of the Construction Chemical Additives Market during the forecast period.
A. By Type
B. By Application
C. By Geography(13+ countries)
D. By Entropy
A. ColorMasterbatches Market
B. Geotextile Market
What can you expect from the report?
The Report is Prepared with the Main Agenda to Cover the following 20 points:
1. Market Size by Product Categories & Application
2. Market trends & Relevant Market Data
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Demand Analysis (Revenue &Volume)
12. Country level Analysis
13. Competitor Analysis
14. Market Shares Analysis
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