Construction Chemicals Market Size, Share - Segments Worth Observing Aiding Growth Factors and Forecast by 2026

Rapid urbanization, favorable manufacturing standards, and rise of construction industry across the world drive the growth in the global market.

OREGON, PORTLAND, UNITED STATES, March 16, 2022 /EINPresswire.com/ -- Surge in urbanization activities, compliant manufacturing standards, and the growth of the construction industry across the globe fuel the growth of the global construction chemicals market. Based on region, Asia-Pacific contributed to the highest market share in 2018, holding more than two-fifths of the market, and is estimated to maintain its leadership status based on revenue during the forecast period.

Rapid urbanization, favorable manufacturing standards, and rise of construction industry across the world drive the growth in the global construction chemicals market.

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COVID-19 impact analysis:

The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The construction chemicals market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the construction chemicals market. It recapitulates the detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the sales of the construction chemicals market. Last but not the least; the study also exhibits a phost-COVID-19 scenario, portraying different measures and initiatives taken by the government bodies across the world.

Based on type, the construction chemicals market is further segmented into concrete admixtures, sealants & adhesives, water proofing & roofing, repair, flooring, and others. Among these sub-segments, the concrete admixtures and water proofing & roofing segments together held the largest market share of the market in 2018, contributing to nearly two-thirds of the total market share. However, the concreate admixtures segment is estimated to maintain its fastest growth rate by 2026, owing to increase in consumption in developing nations in the Asia-Pacific region along with huge number of construction projects.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧: @ https://www.alliedmarketresearch.com/request-for-customization/1682

Based on region, Asia-Pacific held the largest market share in 2018, accounting for more than two-fifths of the global construction chemicals market, and is expected to maintain its lead status in terms of revenue throughout the forecast period. However, this segment is expected to grow at the fastest growth rate with a CAGR of 6.7% from 2019 to 2026. North America is expected to register a CAGR of 4.4% during the forecast period. The report also analyzes Europe and LAMEA.

Major Inclusions-

• Qualitative as well as quantitative assessment of the market on the basis of the detailed categorization involving both the economic and non-economic factors.
• Analysis at country and regional level, which portrays the share of the product or service in different regions.
• Elaborative company profiles section, which provides different pointers such as key executives, business enactment, company overview, product/service portfolio, R&D expenditure, current scenario, and prime strategies of the key market players.
• The forecasted market outlook of the construction chemicals market based on recent developments, which incorporate the analysis of drivers, market trends, and growth opportunities.
• The COVID-19 impact on the construction chemicals market
• Post-sales support and free customization

Leading market players analyzed in the research include BASF SE, Ashland Inc., Arkema SA, Mapie S.p.A, Fosroc International Limited, RPM International Inc., Pidilite Industries, The Dow Chemical Company, Sika AG, and W.R. Grace & Company.

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