Global Construction Chemicals Market to Be Worth USD 33.7 Billion by 2022, Predicts Industry Experts in Its Study Available at MarketPublishers.com
22 Jun 2016 • by Natalie Aster
LONDON – The demand for construction chemicals has been showing growth at a rate of above average over the recent years. This growth is set to continue in the years to come.
Developing economies like APAC, South America and the Middle East and Africa represent primary markets for construction, and these marketplaces will keep on growing at a rapid pace in the upcoming years.
At present, ready-mix concrete sees demand growth, and the same trend takes place in the non-hazardous and sustainable construction chemicals segment.
Besides, carbon nanotubes are increasingly made use of in flame retardant materials used in construction.
Real estate and infrastructure dominate this space in terms of end-use. With growing investments in construction of new projects and maintenance and repair of existing ones the demand for the chemicals will continue to register growth.
As of 2015, the value of the marketplace was worth just under USD 20 billion, and its value is forecast to reach USD 21.4 billion in 2016. It is expected to be just under USD 34 billion by 2022.
In-demand research report “Construction Chemicals – A Global Market Overview” drawn up by Industry Experts offers an insightful analysis of the world’s construction chemicals marketplace. The study covers all product segments in detail, such as adhesives and sealants, flame retardants, waterproofing chemicals, to name a few.
It throws light on key business and product trends. The report comprises all-round overviews of regional marketplaces. It throws light on end-use sectors and concentrates on major players in each region. The research study also includes historical data on this market along with forecast figures.
- insightful overview of the marketplace;
- coverage of trends and developments;
- investigation of the competitive environment;
- future outlook;
- and more.
More cutting-edge reports by Industry Experts are available at its page.