PUBLISHER: Lucintel | PRODUCT CODE: 1416505
PUBLISHER: Lucintel | PRODUCT CODE: 1416505
The future of the global construction chemicals market looks promising with opportunities in the commercial, industrial, infrastructure and public places, and residential markets. The global construction chemicals market is expected to reach an estimated $89.2 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growth in residential and commercial construction and increasing demand for sustainable construction.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global construction chemicals by type, end use industry, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies construction chemicals companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the construction chemicals companies profiled in this report include-
Lucintel forecasts that concrete admixture is expected to witness the highest growth over the forecast period due to its growing need in construction to make concrete stronger, more durable, and easier to work with.
Within this market, residential is expected to witness the highest growth due to increasing demand for new homes and renovations in developed and developing countries.
APAC is expected to witness highest growth over the forecast period.
Market Size Estimates: Construction chemicals market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Construction chemicals market size by type, end use industry, and region in terms of value ($B).
Regional Analysis: Construction chemicals market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, end use industries, and regions for the construction chemicals market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the construction chemicals market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q1. What is the construction chemicals market size?
Answer: The global construction chemicals market is expected to reach an estimated $89.2 billion by 2030.
Q2. What is the growth forecast for construction chemicals market?
Answer: The global construction chemicals market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the construction chemicals market?
Answer: The major drivers for this market are growth in residential and commercial construction and increasing demand for sustainable construction.
Q4. What are the major segments for construction chemicals market?
Answer: The future of the construction chemicals market looks promising with opportunities in the commercial, industrial, infrastructure and public places, and residential markets.
Q5. Who are the key construction chemicals market companies?
Answer: Some of the key construction chemicals companies are as follows:
Q6. Which construction chemicals market segment will be the largest in future?
Answer: Lucintel forecasts that concrete admixture is expected to witness the highest growth over the forecast period due to its growing need in construction to make concrete stronger, more durable, and easier to work with.
Q7. In construction chemicals market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.