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The construction additives market was valued at USD 19.50 Billion in 2016 and is projected to reach USD 28.95 Billion by 2022, at a CAGR of 6.94%. The base year considered for the study is 2016 and the market size is projected from 2017 to 2022. It also aims to study the individual growth trends, future prospects, and contribution of various segments to the total market.Download Free PDF Brochure on Construction Additives Market Report Now at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1256809 .
Construction additives are advance materials, which have emerged as a viable solution for improving the quality of buildings and infrastructure. Additive concrete, compared to other conventional concrete types, possesses useful properties such as durability and high strength, which makes it ideal for use in infrastructure components.
Construction Additives report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.
The various key players profiled in the report are as follows:
BASF (Germany)
W.R. Grace (US)
RPM International (US)
Fosroc International (UK)
Dow (US)
Sika (Switzerland)
Mapei (Italy)
Fritz-Pak (US)
PAC Technologies (UAE)
Thermax Global (India)
ATPL (Canada)
Concrete Additives & Chemicals (India)
INNUA (US)
Berolan (Germany)
Hupan (China)
Hycrete (US)
Krete Industries (US)
Chemical segment is estimated to dominate construction additives market and is projected to be fastest-growing type during forecast period. This growth can be attributed to factors such as keen interest from contractors and builders in using chemical additives across residential and commercial construction sectors, due to various properties like enhancing the workability of concrete.
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The commercial sector is projected to be the fastest-growing segment in the construction additives market during the forecast period. The gradual shift of building contractors and consumers toward cost-efficient, eco-friendly, modern building techniques, and the utilization of ready-mix concrete in developing countries create growth opportunities for the construction additives market.
Key players are investing in educating builders and contractors regarding the significance of using construction additives to enhance quality and endurance of construction. These players are also heavily investing in R&D activities, most of which are focused on manufacturing products that are suitable for various conditions at an affordable price.
Premium Insights
1 Attractive Opportunities in the Construction Additives Market
2 Construction Additives Market, By Type
3 Construction Additives Market, By Chemical Additives
4 Construction Additives Market, By End-Use Sector
5 Construction Additives Market: Regional Snapshot
More Information on Construction Additives Market by Type (Chemical (Plasticizers, Air-entraining, Waterproofing, Retarding agent), Mineral, Fiber), End-use Sector (Residential, Commercial, Infrastructure), and Region - Global Forecast to 2022 report at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1256809 .
The objectives of construction additives market report include providing detailed information regarding the main factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). The report will helps take holders to understand the market and will provide them information on the key market drivers, restraints, opportunities, and challenges.
The distribution of primary interviews is as follows:
By Company Type: Tier 1 35%, Tier2 30%, Tier 3 35%
By Designation: C-Level 65%, ManagerLevel 35%
By Region: Europe 28%,North America 25%, Asia Pacific 22%, Middle East & Africa 15%, and South America 10%
Report segments the construction additives market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub segments across the different verticals and regions. The markets of China and Japan are projected to be lucrative due to their ongoing and upcoming infrastructural construction projects as well as the rising consumer spending on the construction sector.
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Release ID: 490196