The global building and construction chemicals market size was USD 71.3 Billion in 2021 and is expected to register a revenue CAGR of 6.0% during the forecast period. The report provides a comprehensive view of the Building and Construction Chemicals market, including in-depth information about the key market segments and sub-segments. In this report, our team of market researchers has highlighted the key market dynamics such as market revenue growth drivers, restraints, trends, opportunities, supply & demand ratios, shifting consumer tastes & preferences, changing production & consumption patterns, and technological breakthroughs. Key challenges and barriers to industry growth, such as stringent government regulations and policies and potential market threats and risks, have also been assessed in the report. The latest report offers quantitative and qualitative market insights, and hence, highlights the industry annual sales, regional outlook, and industry statistics.
Construction chemicals are chemical compounds that are utilized in the building structures. Polymers are one of the most important types of materials and are found in almost every construction chemical. It is mainly used for speeding up the work in construction projects that are under development or in new projects to add strength and durability to the structures. These compounds are used in a range of construction materials to promote productivity, performance, and functionality while also protecting the building’s components.
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Leading Players–
- Arkema S.A
- Ashland Inc
- Fosroc International Ltd.
- Mapei S.P.A.
- Pidilite Industries
- RPM International Inc
- Sika AG
- and Dow Chemical Company.
Key Factors Driving the Global Materials & Chemicals Market Growth
The global materials & chemicals market revenue is primarily attributed to factors such as growth are fast-paced industrialization globally, rising demand for raw materials and chemicals in the buildings & construction, food & beverage, pharmaceutical, agriculture, textile, and pulp & paper industries, and increasing demand for essential consumer goods including packaged foods & beverages, household hygiene products, and personal care products & cosmetics. Increasing industrial applications of specialty chemicals, surge in demand for high-performance, organic agrochemicals, growing environmental awareness among consumers, growing need for eco-friendly and sustainable raw materials & chemicals, and increasing government investments in the materials & chemicals industry are other factors driving revenue growth of this market.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Type Outlook:
- Adhesives
- Flame Retardants
- Protective Coatings
- Concrete & Mortar Admixture
- Water Proofing Chemicals
- Mold Release Agents & Curing Compounds
- Grouts & Grout Admixture
- Others
Application Outlook:
- New Construction
- Repairs
Frequently Asked Questions Addressed in the Report:
- What is the estimated market revenue growth over the forecast period?
- What are the major factors driving the global Building and Construction Chemicals market revenue growth?
- Which regional market is expected to account for the largest revenue share in the global Building and Construction Chemicals market over the forecast years?
- Which are the leading players in the global Building and Construction Chemicals market?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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