Construction Chemicals Market is Anticipated to Register 5.2% CAGR through 2017-2027
Verfasser: pradnya_86 on Friday, 24 November 2017Future Market Insights has come up with a new publication titled “Construction Chemicals Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027),” which tracks the performance of the global construction chemical market for the projected period of 10-years i.e. between 2017 and 2027. The global construction chemical market is expected to grow on a positive note during the forecast period. In terms of volume, consumption of construction chemicals across the globe was pegged at 23,934 KT in 2016 and is expected to increase at a CAGR of 4.9% (By volume) over the forecast period to reach 40,158 KT by the end of 2027. Growth in the market is expected to be driven by favourable policies and regulations and growing construction activities across the globe. Emphasis on oversea business development and sales, apart from domestic market and customized products for end use industries are the new trends witness in the global construction chemical market.
Global Construction Chemicals Market- Key Takeaways
The U.S. is estimated to dominate the North America construction chemicals market with remarkable value share in terms of consumption over the forecast period
Due to growth of the construction industry in countries like Brazil and Mexico, there has also been an increase in the demand for constriction chemicals