Construction Chemicals Industry to 2024? Market Analysis Cheap Steelers Shirts , Industry Trends: Grand View Research, In Business Articles | May 26, 2016
Grand View has announced the addition of "Construction Chemicals Market Analysis and Segment Forecasts To 2024" Market Research report to their Database.
The global?construction chemicals market?is expected to reach USD 67.61 billion by 2024, according to a new report by Grand View Research, Inc. Construction chemicals were widely used in non-residential & infrastructure sector accounting for over 60% of the global revenue share in 2015. Upcoming projects such as Panama Canal expansion is expected to foster the market growth over the forecast period.?
Moreover Cheap Steelers Jerseys , the global market was valued at USD 39.16 billion in 2015 and is projected to witness growth over the forecast period on account of rising residential and infrastructure activities in rapidly developing economies of Asia Pacific. Government initiatives in emerging economies such as India are also expected to fuel market growth.?
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Further key findings from the report suggest:
The global construction chemicals market demand was 33,309.2 kilo tons in 2015 and is projected to grow at a CAGR of 5.2% over the forecast period. They help in reducing the water and cement content in concrete, thereby bringing down the overall cost of the structure and reducing emissions. They impart properties such as cross-linking which results in increasing strength of the mortar. The market for concrete admixtures was estimated at USD 17.35 billion in 2015. Admixtures are mixed with cement, sand and water to impart specific properties to the base material such as durability. Most of the admixtures are available in a ready-to-use form and are added to the mortar at the construction site. Demand in Asia Pacific was 17,119.6 kilo tons in 2015 and is projected to witness tremendous growth on account of increased government spending on the infrastructure sector and rising opportunities for FDI in China and India. Increasing demand for industrial Terry Bradshaw Hat , transportation and commercial facilities is expected to drive growth. MEA is also projected to be a key market for construction chemicals over the forecast period. Infrastructure projects worth USD 172 billion have been planned in 2015 by various national governments in the region. Key industry players include BASF SE, Pidilite Industries Limited, FOSROC Chemicals India Private Limited, Sika AG, W.R. Grace & Company Jack Lambert Hat , Dow Chemical Company, RPM International Inc., Arkema S.A. and Mapei S.P.A. These companies focus on R&D for product development to enhance their portfolio.
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Grand View Research has segmented the global construction chemicals market on the basis of product, end-use and region:
Global Construction Chemicals Product Outlook (Volume, Kilo Tons Javon Hargrave Hat , Revenue, USD Million, 2013 - 2024)
Global Construction Chemicals End-use Outlook (Volume, Kilo Tons, Revenue Sean Davis Hat , USD Million, 2013 - 2024)
Residential Non-residential & Infrastructure
Global Construction Chemicals Regional Outlook (Volume, Kilo Tons, Revenue, USD Million Artie Burns Hat , 2013 - 2024)
North America U.S. Europe Germany France Italy UK Asia Pacific China India Japan South Korea Latin America Brazil MEA
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