Construction,Chemicals,Market, business, insurance Construction Chemicals Market to grow at over 9% CAGR from 2
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The report “Construction Chemicals Market Size By Product (Asphalt Modifiers, Concrete Admixture [Chemicals {Superplasticizers, Normal Plasticizers, Accelerating Agents, Retarding Agents, Air-Entraining Agents, Waterproofing Admixtures}, Minerals {Rice Husk Ash, Fly Ash, Granulated Blast Furnace Slag, Silica Fume}], Adhesives, Sealants, Protective Coatings), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024”, by Global Market Insights, Inc. says Construction Chemicals Market size will likely cross USD 50 billion by 2024.Rapidly escalating infrastructure spending across BRICS countries will be an important factor that will catalyze the global construction chemicals market in the coming years. China construction industry was valued at USD 1.7 trillion for 2015 with extremely strong growth prospects.Other countries of the region with high growth prospects include India and Japan with more than USD 1 billion collective revenue. Growing population and government initiatives to provide low cost homes and develop infrastructure will further augment the construction chemicals market in next eight years.Request a sample copy of Construction Chemicals Market Research Report @ https://www.gminsights.com/request-sample/detail/348According to the European Commission, buildings account for up to 40% of the total energy consumption and produce more than 33% of the overall greenhouse emissions in the region. The product ability to enhance the natural properties of the construction materials while reducing the overall carbon footprint provides them a competitive advantage.With various state and central level governments focusing on environment friendly, safer, and “greener” buildings, the construction chemicals market will witness a notable progress in the coming years. Protective coatings demand in commercial as well as residential complexes, in order to add fire resistant features to the building will grow significantly owing to increasing safety awareness.Slow growth rate of the construction industry in the developed countries of Western Europe may pose a threat to the overall construction chemicals market in the coming years. Moreover, the European construction industry has been hit hard because of the financial and economic crisis in the union. Most West European countries exhibited a GDP growth rate below 2% in 2015 except Spain with 3.2%, and UK with 2.3%. Construction industry maturity in the countries, resulting into the sluggish growth rate, will restrain the construction chemicals market growth throughout the forecast span.Browse key industry insights spread across 160 pages with 262 market data tables & 11 figures & charts from this 2017 report Construction Chemicals Market in detail along with the table of contents:https://www.gminsights.com/industry-analysis/construction-chemicals-marketConcrete admixtures find application across commercial and residential buildings as well as infrastructures, such as bridges, roads, flyovers, etc. In 2015, the segment accounted for above 50% of the overall construction chemicals market size and will witness a significant growth owing to its contribution to cement quality.Admixtures can be broadly classified into mineral and chemical concrete admixtures. Mineral include fly ash, rice husk ash, silica fume, and granulated blast furnace slag. Chemical admixtures include superplasticizers, normal plasticizers, waterproofing admixtures, air-entraining agents, accelerating agents, and retarding agents.Asphalt modifiers find extensive application in the construction of roads and highways accounted for less than a tenth of the overall construction chemicals market, but with growing demand for good quality roads and increasing road development activities in the developing countries will likely notably enhance the product demand in the forecast span.Construction chemicals market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD million from 2013 to 2024, for the following segments: Contact Us:Arun Hegde Corporate Sales, USA Global Market Insights, Inc. Phone: 1-302-846-7766 Toll Free: 1-888-689-0688 Email: [email protected] Web: https://www.gminsights.com Blog: https://gminsights.wordpress.com Connect with us: Facebook | Google+ | LinkedIn | Twitter
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