Construction Additives Market Forecast 2020 – 2027 Top Key Players Analysis


Posted November 24, 2020 by shaqibakram

Rising demand in developing economies, enhanced quality, and properties of construction materials, and rapid urbanization are some factors driving the growth of the global construction additive market.

 
This study of the market provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the industry. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.

For Additional Insights, Click to Access Complete Report: https://www.gmiresearch.com/report/construction-additives-market/

The report offers detailed profile and data information analysis of the leading companies in the Construction Additives Market:

BASF SE
W.R. Grace & Company
RPM International Inc.
Fosroc, Inc.
Dow Inc.
Sika AG
PAC Technologies, LLC
Thermax Limited
MAPEI S.p.A.
Krete Industries, Inc.
The key drivers of the Construction Additives Market are as follows:

Rising demand in developing economies, enhanced quality, and properties of construction materials, and rapid urbanization are some factors driving the growth of the global construction additive market. It has been observed that approximately half of the world's population lives in urban areas, mainly in highly dense areas. This transition has changed the way of working, traveling, and living. Due to the increasing population, demand for commercial, residential, and industrial areas is rising rapidly. Such progressive demand needs construction activities, which further propels the demand for construction additives in the market across the globe. Furthermore, the investment in the construction industry is rising rapidly, where construction additives improve the life of construction work and offer required protection from environmental hazards. The governments of multiple developed and developing economies are raising the expenditure on the construction of dams, bridges, tunnels, and roads. Therefore, continuous growth in investment in the construction sector is surging the growth of the global construction additives market. On the other hand, the unstable cost of energy and raw materials will hinder the growth of the market.

On the basis of region, North America is expected to grow at a higher CAGR during the forecast period due to high demand from the construction industry, particularly in the U.S. Moreover, Asia-Pacific is dominating the market during the forecast period. Growing investment in infrastructure by the government of various countries and rapid advancements in the construction industry. The demand for construction additives is high in developing countries such as India, China, and Japan, which is fuelling the growth of the market in the region. Furthermore, the Middle East and Africa are also projected to grow at a higher CAGR during the forecast period owing to the high demand for commercial and residential constructions.

The study objectives of this report are:

To study and forecast the size of the market.
To analyze the key players, SWOT analysis, value, and market share for the leading players.
To define, describe, and forecast the market by different segments.
To analyze the market potential and advantage, opportunity and challenge, restraints and risks.
Segmentation of the Construction Additives Market:

Breakup by Type:

Chemical
o Plasticizers

o Air-entraining agents

o Retarding agents

o Waterproofing agents

o Others (Coloring agents, corrosion inhibitors, flame retardants, and fibers)

Mineral
Fiber
Breakup by End-Use:

Residential
Commercial
Infrastructure
Breakup by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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Last Updated November 24, 2020