#Construction #Chemicals #Market #Reach #USD #Billion
Pune, India, Oct. 03, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights™, the global construction chemicals market size is projected to reach USD 70.91 billion by the end of 2026. The need for improved infrastructure will open up a huge potential for the growth of the market. According to a report by Fortune Business Insights, the market was worth USD 42.32 billion in 2018 and will exhibit a CAGR of 6.7% during the forecast period, 2019-2026.
The presence of several large-scale companies will have a huge impact on the growth of the market in the foreseeable future. The properties of construction chemicals such have allowed applications across diverse construction sectors, subsequently contributing to the growth of the market.
Construction chemicals are used as additives in cement and other construction material. They are widely used for improving the performance of several products, with a bid to establishing durable and structures and interiors. The high investment in the research and development of newer products will have a positive impact on the growth of the market in the coming years. Besides durability, this product provides strength to the substance in which they are used.
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List of Key Players Mentioned in the Market Report:
- BuildCore Chemicals
- Croda International Plc
- ACC Limited
- Evonik
- BASF SE
- Fosroc, Inc.
- CHRYSO India
- SWC Brother Company Limited.
- Sika AG
- 3M Company
- Other Key Players
Report Scope & Segmentation:
| Report Coverage | Details |
| Forecast Period | 2019-2026 |
| Forecast CAGR | 6.7% |
| 2026 Value Projection | USD 70.91 Billion |
| Base Year | 2018 |
| Construction Chemicals Market Size in 2018 | USD 42.32 Billion |
| Historical Data | 2015-2017 |
| No. of Pages | 90 |
| Segments Covered | ByType, By Application and Regional |
| Construction Chemicals Market Growth Drivers | Construction Chemicals Market to Benefit… |
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